High Rollers

[smyslov]

You can easily say that a casino is very popular and on top, if they have high rollers betting that huge amount of money, that is why casino operators give importance to their VIP because their equivalent is 100 or more average bettors huge numbers of VIP means the casino is very popular, reputable and considered top in the industry, we can count on our fingers that reached that status.

[ChiBitCTy]

I’ve not seen anyone personally placing such large bets with bitcoin, though the truth is a lot of my friends still bet using traditional methods such as using fiat on sites like FanDuel and BetRivers for example. Now I’ve been to Vegas and seen some pretty major bets having been placed there, but I didn’t personally know these individuals. I’ve seen some of them win some insane amounts of money as well. Wish it was me!

[tabas]

You can easily say that a casino is very popular and on top, if they have high rollers betting that huge amount of money

That can be a factor but there's also something to doubt about it. Because if a new casino does have suddenly got a huge bettor and instantly bets with the same amount.
We won't think of it as they're a popular casino despite being new. We can think of it as it's the devs way of marketing their own casino for having such huge bets to attract other bettors.

[Boristhecat]

Good bets! I wonder if this is all the bets he made or is it part of a much larger series?

That made me think either maybe there were earlier bets that he has made and they're larger than these.

For some reason, it seems to me that the second one, since such bets are usually made according to the principle "won - lost - won - etc." until a complete loss or a big win. I would like to believe that he also had victories because the size of the bets is absolutely unrealistic for most gamblers.

IMO, that's for sure that he got wins as he has bet with such large amounts. Well, I guess all of us wants to hear from him on what he's thinking and if this is just a smaller part of his bankroll and there's actually more to it and he's part of those silent whales that are happily gambling and having fun with their fortune.

If so, it turns out that his bankroll is at least 100-150 bitcoins. And if we assume that he does not play for the last money, then this is a real multimillionaire or even a billionaire (this is very cool and indicates an adoption in my opinion). There is still a possibility that he received his bankroll as a result of some crazy winning, but this is not very close to the truth, since an ordinary person would rather withdraw the funds won than continue to play but already at fantastic limits.

[michellee]

You can easily say that a casino is very popular and on top, if they have high rollers betting that huge amount of money, that is why casino operators give importance to their VIP because their equivalent is 100 or more average bettors huge numbers of VIP means the casino is very popular, reputable and considered top in the industry, we can count on our fingers that reached that status.

That is why every casino that has players with high rollers will provide more service for them so that they can still play with big bets. When it comes to VIP, it is a difficult thing to achieve, especially for gamblers who do not have a large capital. It will only exist in our dreams

But once we get VIP status, we can get various things that will make us more comfortable playing. And, of course, that casino site will benefit too.

[Ararbermas]

wow, to be honest with you mate i've not seen anyone placing such amount of money especially when it comes online gambling and for such game wherein very risky..
That's amazing tho, and probably they're really rich and can afford to lose such amount of money.. And i am very sure that platform is definitely a legit one for big gamblers because no one will trust in if it's not reliable platform.

[KTChampions]

High roller like this usually undergo KYC due to the amount he is wagering if the account is a legit player. You can’t freely use the Casino and bet that huge amount without complying on the AML as this is stated in the law that’s why Casino ToS indicates that they may apply KYC to any user in any circumstances besides this whale is obviously used to submit KYC especially when he is withdrawing his asset to fiat from exchange. It’s so hard to avoid KYC this time when you have that huge amount. That’s the least thing he needs to worry.

Yes, I immediately thought of KYC when I read this news. There is no chance of "anonymous" playing with that amount of money. It turns out that someone with many millions of dollars is fully verified in a crypto casino and prefers blockchain betting using cryptocurrencies. This is good news for everyone who believes in cryptocurrencies and their further widespread adoption.

[Cling18]

I've seen high rollers lots of times and I was always impressed by how they risk their huge funds as long as they're enjoying what they're doing. It was actually entertaining to watch them though there are really times that you'll regret if they lose a huge amount as well. Reputable casino sites usually have lots of high rollers and they're actually the life of each casino site.

[Vaskiy]

wow, to be honest with you mate i've not seen anyone placing such amount of money especially when it comes online gambling and for such game wherein very risky..
That's amazing tho, and probably they're really rich and can afford to lose such amount of money.. And i am very sure that platform is definitely a legit one for big gamblers because no one will trust in if it's not reliable platform.

Thats really big. These are users of the early stages of bitcoin. During those days there won't be much of adoption, those who kept hold trusting in bitcoin are now enjoying it through wagers. Upon the way the user have wagered it looks like he's considering a single bitcoin similar to a dollar. Because even the richest holding big money will doesn't like to loss money.

[Theones]

wow, to be honest with you mate i've not seen anyone placing such amount of money especially when it comes online gambling and for such game wherein very risky..
That's amazing tho, and probably they're really rich and can afford to lose such amount of money.. And i am very sure that platform is definitely a legit one for big gamblers because no one will trust in if it's not reliable platform.

Thats really big. These are users of the early stages of bitcoin. During those days there won't be much of adoption, those who kept hold trusting in bitcoin are now enjoying it through wagers. Upon the way the user have wagered it looks like he's considering a single bitcoin similar to a dollar. Because even the richest holding big money will doesn't like to loss money.

Crazy stuff. HOw much money they would have in their real life?
I have never seen such big wagers before.
PRobably stake has the capacity to bankroll this sort of bet consistently.

[jossiel]

For some reason, it seems to me that the second one, since such bets are usually made according to the principle "won - lost - won - etc." until a complete loss or a big win. I would like to believe that he also had victories because the size of the bets is absolutely unrealistic for most gamblers.

IMO, that's for sure that he got wins as he has bet with such large amounts. Well, I guess all of us wants to hear from him on what he's thinking and if this is just a smaller part of his bankroll and there's actually more to it and he's part of those silent whales that are happily gambling and having fun with their fortune.

If so, it turns out that his bankroll is at least 100-150 bitcoins. And if we assume that he does not play for the last money, then this is a real multimillionaire or even a billionaire (this is very cool and indicates an adoption in my opinion). There is still a possibility that he received his bankroll as a result of some crazy winning, but this is not very close to the truth, since an ordinary person would rather withdraw the funds won than continue to play but already at fantastic limits.

That's a lot if that's an accurate one with that speculation.

But as said, we'll never know on how much he really got. And whenever there's someone that surprises us with such amounts, it's always interesting to know that person and the other information that we want to know.

Well, we're for that but it breaks the purpose of decentralization on it. It's just so funny that we're all for that because someone got to hold that huge amount of bitcoin and gambles it.

[worle1bm]

Although there are whales present in this market who are holding btc back from 2013-15 period when it was way too low in prices so they don't care in spending them at this rate.But this is one of those big wagers I have seen like 23BTCis really big amount even for big players and that also in single bet.

[TheGreatPython]

You can easily say that a casino is very popular and on top, if they have high rollers betting that huge amount of money, that is why casino operators give importance to their VIP because their equivalent is 100 or more average bettors huge numbers of VIP means the casino is very popular, reputable and considered top in the industry, we can count on our fingers that reached that status.

Casinos that are not popular have a less budget because they didn't work on promoting their casino. If you are a big player, you will hesitate if you will play on that type of casino because you think they can't afford to pay your winnings. Casinos that are properly advertised can be easily seen by the people and they will play on it once they see how big that site is.

VIP won't be called like that for a reason but VIP means "very important person" but casino's come up with a different VIP level. If your level is low, you won't get the best treatment or benefits but casino owners are still thankful to VIPs because they play actively and deposit more money compare to non VIP players.

[ipanks]

snip

But still, we people who don't have a large amount of Bitcoin will feel that 23 BTC is just for gambling. If we have 23 BTC, we have a plan that we want to achieve in the short, medium and long term and we will think about our future carefully. That number gives me jealousy and I'm sure we must have always dreamed of owning more bitcoins. But never mind, it's happened and we can wait to see who else will place the big bets.

[BitcoinAccepted]

That was almost a million dollar and I don't think I can earn that even if I tried to, well it was really bad that it was a lost bet but I think it is no big deal to him no user would gamble that aside from millionaires, I was just curious what is a speed roulette is it a casino game?

[xSkylarx]

There are numerous justifications for wagering such this big amount of money. The first thing that comes to mind is that he is being greedy? The second reason is that he believes he is extremely fortunate today and is confident that he will win, and the third reason is that he is in debt and wishes to recover all of the money that he borrowed to pay it. Well, this is the most obvious reason that came to mind, but I haven't seen a single bet that is as large as this one, and I don't pay much attention to other people's bets because I get jealous when they are betting more than I am and tempted to bet even more.

[Mauser]

Quite surprised to see consecutive high roller of above 20BTC on a single wager. Have any of you come across such big wagers in real-time. Came across this while spending time watching the high rollers on the bets tab. Have anyone came across such big bets, and I don't whether this player have managed to make a win or not.

That are really big bets, he must be a true whale to be able to afford betting 800.000 USD in one single wager. I am pretty sure someone who can bet so much must have won in the past, otherwise how can he afford it? Selling everything you own for one single 20 BTC bet seems very unlikely to me. The only story I remember was a guy on youtube who sold his house just to put it all on Roulette. Sometimes I like to check also the bets from others at casinos but never seen such a large bet before. A few times I see people bet 0.5 - 2 BTC which is already a high roller in my eyes. And then there are the super rich celebrities like Drake who post their betting slips online, which is always nice to say. But in the end gambling wagers are just a percentage of your total networth. So for the average Joe like me with only small savings betting 100 USD is already a big bet. And if you own a few hundred millions with multiple houses, cars and yachts then betting 500.000 USD is not that much anymore. Everything is relative in life. I wonder if losing 20 BTC would really hurt such a whale.

[rhomelmabini]

There are numerous justifications for wagering such this big amount of money. The first thing that comes to mind is that he is being greedy? The second reason is that he believes he is extremely fortunate today and is confident that he will win, and the third reason is that he is in debt and wishes to recover all of the money that he borrowed to pay it. Well, this is the most obvious reason that came to mind, but I haven't seen a single bet that is as large as this one, and I don't pay much attention to other people's bets because I get jealous when they are betting more than I am and tempted to bet even more.

What if the bet was a regular one or average on all this user's bet? I don't think it can be called greediness. Being fortunate or lucky for the day is what people thinks in the first place that they want to risks huge amount but I think there might be a reason you haven't included like this user is some kind of a gambler that take huge risks or a real life billionaire, something like that.

[bittraffic]

High roller like this usually undergo KYC due to the amount he is wagering if the account is a legit player. You can’t freely use the Casino and bet that huge amount without complying on the AML as this is stated in the law that’s why Casino ToS indicates that they may apply KYC to any user in any circumstances besides this whale is obviously used to submit KYC especially when he is withdrawing his asset to fiat from exchange. It’s so hard to avoid KYC this time when you have that huge amount. That’s the least thing he needs to worry.

Yes, I immediately thought of KYC when I read this news. There is no chance of "anonymous" playing with that amount of money. It turns out that someone with many millions of dollars is fully verified in a crypto casino and prefers blockchain betting using cryptocurrencies. This is good news for everyone who believes in cryptocurrencies and their further widespread adoption.

Amazing that someone with 20BTC verified his online casino account which some people are not willing to do it. He must have a great trust to this casino.  If I have that amount and willing to gamble it all, I would prefer to go to a real casino and play there. This might depend to where he is from but aren't winnings from casino subjected to tax?

There are numerous justifications for wagering such this big amount of money. The first thing that comes to mind is that he is being greedy? The second reason is that he believes he is extremely fortunate today and is confident that he will win, and the third reason is that he is in debt and wishes to recover all of the money that he borrowed to pay it. Well, this is the most obvious reason that came to mind, but I haven't seen a single bet that is as large as this one, and I don't pay much attention to other people's bets because I get jealous when they are betting more than I am and tempted to bet even more.

What if the bet was a regular one or average on all this user's bet? I don't think it can be called greediness. Being fortunate or lucky for the day is what people thinks in the first place that they want to risks huge amount but I think there might be a reason you haven't included like this user is some kind of a gambler that take huge risks or a real life billionaire, something like that.

Billionaires often don't mind where to spend their money. It only becomes a habit to spend on something even when they don't really need it. He could just be enjoying his money like Elon Musk spends billions on twitter shares, he didn't even join the board member meeting. 

[dimonstration]

snip

But still, we people who don't have a large amount of Bitcoin will feel that 23 BTC is just for gambling. If we have 23 BTC, we have a plan that we want to achieve in the short, medium and long term and we will think about our future carefully. That number gives me jealousy and I'm sure we must have always dreamed of owning more bitcoins. But never mind, it's happened and we can wait to see who else will place the big bets.

Our feeling is not valuable anymore to comment on how the user bet that money. We should not feel jealous because we don’t how he get that money, Maybe he is a boss on a big company so his salary is enough to cover his loses and also this kind of whales usually have passive income coming from staking on DeFi. They are just spending some of there funds to have fun or participate on contest with greater rewards. Personally I don’t care about this whales and focus on my own financial path. We have different path in life so it’s better to focus on our own.