$94,500 Bonus Buy?! Who can afford it?

[Makus]

Obviously the casinos have their target audience, $100k might seem like a huge amount to a lot of people but there are lots of people that can lose 3x of that amount within a few minutes and they would still be rich but to me that's just a waste of money that is supposed to be put into good use. Reading the comments and I can see that some people are doubting that there are gamblers out there that can risk such an amount, well you Better believe it.

Although it is crazy to spend such on a bonus buy, winning is based on luck and not by using a huge amount of money to stake, it's important to always gamble moderately.

[o48o]

I just tested the latest slot from Hacksaw Gaming - MAX WIN Challenge , and when I checked the max bet, I was a bit surprised.

$94,500 for the most expensive Bonus Buy, with the highest bet size.

Sure, you can bet for way less, obviously. However, if casinos are offering this, there is obviously a market for these high-roller bets.

Do you honestly know anyone who would bet $100K on a slot?

And do you think bets this big are good or bad for the industry? Personally i think its a bit crazy and the opposite of gambling Responsible.
-cut-

It's pocket money for billionaires and even to multi millionaires. And it's not like they are getting thrills from playing with $100 bets, as those brings no excitement or thrill. It's like normal income people playing with $0.001 bets.

imho it would be stupid not to have option for biggest possible bet for regions they are allowed in. Even if it's not being used, someone might play with them, and changes to get even your own bet back are relatively low.

[r_victory]

I don't know anyone, but I don't think it's difficult to find gamblers who do it and even bet larger amounts than that. As you yourself said, OP, there is a market for such packages; otherwise, the casino wouldn't even offer them. I don't have that kind of money to spend on gambling, and I believe that even if I did, I wouldn't buy it. To me, this is madness!

[Orpichukwu]

Do you honestly know anyone who would bet $100K on a slot?

I don’t personally know anyone who can, but I have seen players stake $100k on a dice game, and I believe that type of player can also take the risk of buying $94,500 bonus features. It's a risk they are willing to take no matter the type of game as long as they have the money sitting there, but that’s not a risk I can even think of. At least let me think based on my current financial position.

And do you think bets this big are good or bad for the industry? Personally i think its a bit crazy and the opposite of gambling Responsible.

When you see a bet that big, it’s clear evidence that the person is gambling for profit, and it’s far from someone saying they are just doing it for fun. For the industry, they are going to make a whole lot from such a gambler, and such a gambler will definitely lose a whole lot before they will eventually win big.

[Comeacross]

My betting reality is a far cry from those amounts 
It’s almost unthinkable to bet that much all at once, but I don’t doubt there’s an audience for that kind of bet

There are many gamblers who wager amounts like that at casinos, in poker, or in other games, and most of them do so privately
At which casino did you find this game?

Lol Drake was the first name that came to my mind since he's popularly known for his insane bets. This amount is actually a tiny amount to people like him. Obviously, not for me too. I don't know if I will change my mind in the future but I can't imagine my net worth that would make me to gamble with such amount. Some people can happily do it but to me it goes against responsible gambling regardless of their worth.

When you see a bet that big, it’s clear evidence that the person is gambling for profit, and it’s far from someone saying they are just doing it for fun. For the industry, they are going to make a whole lot from such a gambler, and such a gambler will definitely lose a whole lot before they will eventually win big.

And is there really a guarantee that they'll eventually win? This is why I will disagree they're not doing it for profit sake alone. They're just flexing wealth and having fun. How do you really make profit when you have to lose like 5 times before you get 1 win? Does it really make sense? It doesn't.

[Iranus]

Do you honestly know anyone who would bet $100K on a slot?
And do you think bets this big are good or bad for the industry? Personally i think its a bit crazy and the opposite of gambling Responsible.

I have seen many famous casino streamers on Kick & Twitch use these huge bonus buy. So if no one bought them, they would not make promotional videos about them. So I would not be surprised if someone actually uses such huge bonus buy options. Those who are high rollers are mainly attracted to them.

In fact, those who lose so much money from their pockets in one spin are not ordinary gamblers like us. These are crypto whales, for whom this money is just pocket money. Casinos basically keep these limits open for them.

And if you talk about Responsible Gambling, if someone has money, they can play these, it is their freedom. Not all high rollers are problem gamblers.

[Orpichukwu]

When you see a bet that big, it’s clear evidence that the person is gambling for profit, and it’s far from someone saying they are just doing it for fun. For the industry, they are going to make a whole lot from such a gambler, and such a gambler will definitely lose a whole lot before they will eventually win big.

And is there really a guarantee that they'll eventually win? This is why I will disagree they're not doing it for profit sake alone. They're just flexing wealth and having fun. How do you really make profit when you have to lose like 5 times before you get 1 win? Does it really make sense? It doesn't.

There is no guarantee they will win; that’s correct, but they are not just flaunting that wealth because they have it, but they are doing it because they are in pursuit of higher fortune. They are among those who use money to chase money; they are determined to risk that amount and believe there is a high chance for them to make it back in one or two winnings.

[Oasisman]

$94,500 for the most expensive Bonus Buy, with the highest bet size.
Sure, you can bet for way less, obviously. However, if casinos are offering this, there is obviously a market for these high-roller bets.
Do you honestly know anyone who would bet $100K on a slot?
And do you think bets this big are good or bad for the industry? Personally i think its a bit crazy and the opposite of gambling Responsible.

So, what's the highest bet on this game? $1k? Because bonus buys on slot games typically range from 50x to 100x from your base stake. Well, that amount alone on a single spin is crazy. I think these are high rollers' typical betting size, but I'm also curious whether their risk appetite is higher than the bonus buy amount, lol.
Anyway, for slot games, these numbers are crazy, but we can see a $100k bet on other games like Poker on a single hand or a single sports bet more often than in slot games in 10 spins.

Responsible gambling cannot be measured by the size of betting though. Some people are so crazy rich that they can afford to burn that kind of amount while maintaining their financial status responsibly.

[AmoreJaz]

WOW
Honestly these are the only reasons to play slots few spins, high jackpots....
I think there is likewise a market also for these big bonuses, despite these can appear somewhat rare or not useful.
Imagine they can just use as a bonus for a VIP - "100K bonus buy" even if you don't win, there is an huge ticket/promo...

This, I believe, is only for high rollers, where they won't bat their eyes with $100k. So yes, I believe, there are high rollers who can afford it. Just think of those multi-million dollar bets but you can usually see this amount in sportsbetting. But for slots, I would say, it is indeed rare as we know the chances when it comes to this luck-based game. Thus, not many gamblers can actually spend this amount in slots. But I believe, there will always be people who will have this amount of bet.

[Rashlyowl]

Do you honestly know anyone who would bet $100K on a slot?

$100,000 is way too much, I've never even seen one with $1,000. The biggest one I've ever seen was a bros of mine buying the feature in Gates of Olympus for $400. He was quite lucky at the time, as he managed to get 4x return on the feature's buy price. Excess is never a good thing, I don't know if the streamers placing those huge bets are real or not, but it simply defies all common sense to me.

[Smartprofit]

If you imagine a criminal looking to launder money obtained through criminal activity, then perhaps such bonus tickets are just what they need! Especially if we're talking about an online casino without KYC and with a corresponding agreement with the casino's management. That's the first thing that came to mind. 🙋

Would honest, wealthy people buy such a bonus ticket? In my opinion, no! They'd rather use the VIP tables and play Blackjack. The odds of winning are much higher in this game. Rich people know how to count money, that's why they became rich.

It's also possible that this is all just a marketing gimmick. 🤷

[fredericktaylor]

$94,500 for the most expensive Bonus Buy, with the highest bet size.
Sure, you can bet for way less, obviously. However, if casinos are offering this, there is obviously a market for these high-roller bets.
Do you honestly know anyone who would bet $100K on a slot?
And do you think bets this big are good or bad for the industry? Personally i think its a bit crazy and the opposite of gambling Responsible.

I personally prefer to gamble with small amounts of money because I am limited in what I can afford to lose and what is within my interests. To me or many others, $94,500 is a huge amount of money that I cannot even dream of, but there are many people in the world who have $94,500 and are not that big of a deal and can afford to lose even more because they are not in a financial crisis.

Naturally, it is very important to control one's emotions or log through gambling and no matter how bad the situation is, by managing gambling with discipline and using money to gamble that we can absolutely lose, this will not put additional financial stress on ourselves, so a gambler should be able to control greed and gamble for entertainment. This should be the main goal of a gambler. It is not the case that the chances of winning increase by betting a large amount of money through gambling, a gambler has to research and use strategies in order to win, as well as rely on luck.

[Hazink]

I don't know anyone, but I don't think it's difficult to find gamblers who do it and even bet larger amounts than that. As you yourself said, OP, there is a market for such packages; otherwise, the casino wouldn't even offer them. I don't have that kind of money to spend on gambling, and I believe that even if I did, I wouldn't buy it. To me, this is madness!

High rollers like Drake and a few others might actually be able to pull that up without giving it a second thought, and that’s why we also have levels/ranking in this gambling world. Those who are down with a larger pocket have a special seat, and they are obviously the ones which the casino arranges such offer for and not some of us which that amount is a fortune to me.

[goldkingcoiner]

I just tested the latest slot from Hacksaw Gaming - MAX WIN Challenge , and when I checked the max bet, I was a bit surprised.

$94,500 for the most expensive Bonus Buy, with the highest bet size.

Sure, you can bet for way less, obviously. However, if casinos are offering this, there is obviously a market for these high-roller bets.

Do you honestly know anyone who would bet $100K on a slot?

And do you think bets this big are good or bad for the industry? Personally i think its a bit crazy and the opposite of gambling Responsible.

I think there must be some crazy, rich people who have gambling problems. Surely this kind of 100k or even 1-million-dollar slots game is exactly their speed? It feels like it was made only for them in the first place...

Personally I would never spend 100k. But then again I would need to have a lot of money to change my mind.

If I was a multimillionaire I would still not. But if I was a billionaire... Then maybe. Although I would still think it is a bad idea...

[M47AK16]

It's pocket money for billionaires and even to multi millionaires. And it's not like they are getting thrills from playing with $100 bets, as those brings no excitement or thrill. It's like normal income people playing with $0.001 bets.

imho it would be stupid not to have option for biggest possible bet for regions they are allowed in. Even if it's not being used, someone might play with them, and changes to get even your own bet back are relatively low.

Yeah, we all saw Drake playing at Stake for years, man. That dude was betting a million dollars per hand; that was like his normal, and he would have like 20+ million on his bankroll, and he would either win millions or lose millions, and he was betting like that. So it doesn't really feel like something that would be all that impossible; the casinos do have to serve the high rollers at times as well.

Yes, there are a lot of bets for us too, but there have to be some big max bets for the high rollers if the casino can cover it. Not every casino can, like, for example, when Stake was doing that, they were capable of paying up to millions to him as well, so they could cover, but I am sure they would be praying every night he would lose lol. Not all places can offer that, but apparently this place could afford a 95k bet.

[TopTort777]

It is clear that only rich can afford to use such bonus, but I wonder if they are going to use that? I believe that rich persob who can easily spend 95k in gambling wont be a person who plays slots. I see that such wealthy gamblers rather play poker, blackjack or roulette instead of spinning slots with thousand of hundred dollar spin, and buying expensive bonuses. I rarely saw rich people play slots.

Btw, if someone buys such bonus, how much approximately can he get from that? I know it is always random, so is it possible gambler will get 0 from bonus spins?

[Chinesebaby]

Do you honestly know anyone who would bet $100K on a slot?

And do you think bets this big are good or bad for the industry? Personally i think its a bit crazy and the opposite of gambling Responsible.

The gambling industry is very big, and so there exists different personalities in it who are willing to gamble huge amount on both casino slots games and sports betting. However, when it comes to Sports betting, there are many gamblers who usually wager far above that amount on a single game, just as in the likes of Drake who was once an ambassador to Stake casino and more other celebrities high amount. However, $100k is not a common amount anybody can deposit on a casino account, as it's usually the elites gamblers that can be seen doing such, and these are usually millionaires who could afford to lose it comfortably. And secondly when it comes to the last question if it is good or bad for the industry, then the answer is that such huge amount is very good for the gambling industry, because if 100 person is to deposit $100k each into the casino, the chances of more than 80% of them losing the money is always high. And such loses becomes a profit for the casino.

[Youngrebel]

Everyone bets within their capacity, that amount might seem like a lot to you but there are lots of gamblers that are going to risk it and if they end up losing it won't be much of a big deal but I must admit that it's a lot of money, to the gamblers that are rich this isn't considered as much money.

This is actually good for the casino because that's how they make their profits but at the same time it can be quite risky for them because there is a slim chance that high rollers that can risk such amounts can end up winning an amount of money that might make the casino bankrupt for sometime but the chances of that happening is quite low.

Personally, if I had a lot of money I don't think I would take such risk for a bonus buy because I prefer to gamble with small amounts of money.

[Alphakilo]

I just tested the latest slot from Hacksaw Gaming - MAX WIN Challenge , and when I checked the max bet, I was a bit surprised.

$94,500 for the most expensive Bonus Buy, with the highest bet size.

Sure, you can bet for way less, obviously. However, if casinos are offering this, there is obviously a market for these high-roller bets.

Do you honestly know anyone who would bet $100K on a slot?

And do you think bets this big are good or bad for the industry? Personally i think its a bit crazy and the opposite of gambling Responsible.

I would have loved to know the platform you saw this on because I believe this is mostly available on a casino business without certain regulatory policies in a certain jurisdiction.
What you think is crazy is quite possible for high rollers, the crypto whales, most casino streamers and even some casino content creators that earn more than this and understand how to get their funds back while gambling on slots.

[lionheart78]

Do you honestly know anyone who would bet $100K on a slot?

$100k is nothing to those who have hundreds of millions on their account.  I see some streamers betting with max betsize like $100k per bet others even bet $500k super premium bonus buy, and they do it like they are just spending a cent.

And do you think bets this big are good or bad for the industry?

Anything that was spent for the industry is good, IMHO.

Personally i think its a bit crazy and the opposite of gambling Responsible.

For minnows like us, it is really crazy and even if we are not responsible, we cannot afford that betl.  But for those who have hundreds of millions to billions of money, it is not crazy for them, and I think saying it is the opposite of responsible gambling is somehow unfounded for these millionaires.