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Author Topic: $94,500 Bonus Buy?! Who can afford it?  (Read 738 times)
Yorubek
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Today at 11:26:03 AM
 #101

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?
It is truly hard for me, to imagine someone being willing to wager such a large amount of money; to purchase a slot game feature (bonus buy). I feel that wealthy people generally wouldn't do that lightly; they wouldn't be bold enough to risk that much money in such a way. However, the kind of person capable of betting like that might be someone with an excess of wealth, or maybe we called them as "a tycoon". Even, I have never seen a streamer purchase a feature for that much money; usually, what I see involves amounts in the range of hundreds, or thousands of dollars.
For most people, the amount of money is huge, but there are people in the world who have a very limited amount of money, they may spend more or less money on gambling, but their amount will be relatively small. I think gambling is only for entertainment, I will never use what I can never lose for gambling. Those who bet with huge amounts of money never gamble for entertainment, it is quite clear, their main goal through betting is to gain huge amounts of money, they see gambling as a means of earning money.

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Today at 11:35:19 AM
 #102

A lot of people have money. They're are people that can actually afford that. And this one you want to know who can place such bet, what do you want from the person? Just a friendly question.

Like you said, it's specifically for high rollers. Another average gambler Should stay on his or her lane.  No one is telling you to bet such amount. Look and leave it alone.

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Today at 11:43:47 AM
 #103

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 can't even imagine what kind of high-rolling gambler you’d have to be to afford bonuses like that; after all, I rarely spend more than $20 on slots in a typical evening. It’s probably only the ultra-wealthy—celebrities or business tycoons—who could swing it; Drake immediately comes to mind. Maybe one day we’ll hear about him using a bonus like that and losing the whole lot. I realize that online casinos and bookmakers tailor their offers to demand, but what kind of demand could there possibly be for this? I don't know a single guy—not even close—who could actually use a bonus like that. Or any of them, for that matter. They are all incredibly expensive, and that’s just not a sensible way to play.

 
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Jubilee58
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Today at 11:56:34 AM
 #104

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.



Actually there are gamblers who can afford to stake such amount of money, but I feel is not encouraging for a casino site to have their maximum bet up to $94500, honestly it doesn't encourage responsible gambling, and their are people who might be tempted to stake with such amount, and will likely loose their money to that casino site. I know all the casino sites are profit oriented, and does not care what gamblers are loosing, and since not casino platform is controlling the way gamblers stake game, that is the more reason  regulation is very important, and regulation should cover maximum amount of money that can be staked in a casino site, and in such a way that encourages responsible gambling.
With this am convinced that some of this casino or gambling sites are actually encouraging irresponsible gambling because many will loose their hard earned money trying to chase big wins or even trying to gain the maximum profit.

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EluguHcman
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Today at 12:15:20 PM
 #105

Do you honestly know anyone who would bet $100K on a slot?
This had to push me to go in research of a news I read some years back about a man who wagered $10M on a single bet slip but on sport bet and not slot.
Mr McIngvale actually made the bet and won a total of $75M which also marked him the biggest wager of all time. That is if I am correct though but my impression of this message is to let you know that there are people who had even bet above the specified $100K.
https://www.forbes.com/sites/willyakowicz/2022/10/26/mattress-mack-eyes-a-record-75-million-payday-if-the-astros-win-the-world-series/

The professional Canadian rapper of Drake has also been known to be a high roller who could bet such high wager. But as for people around my corners, I doubt if there is anyone that can truly afford that $100K roller.

 
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Ziskinberg
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Today at 12:20:07 PM
 #106

Do you honestly know anyone who would bet $100K on a slot?
This had to push me to go in research of a news I read some years back about a man who wagered $10M on a single bet slip but on sport bet and not slot.
Mr McIngvale actually made the bet and won a total of $75M which also marked him the biggest wager of all time. That is if I am correct though but my impression of this message is to let you know that there are people who had even bet above the specified $100K.
https://www.forbes.com/sites/willyakowicz/2022/10/26/mattress-mack-eyes-a-record-75-million-payday-if-the-astros-win-the-world-series/

The professional Canadian rapper of Drake has also been known to be a high roller who could bet such high wager. But as for people around my corners, I doubt if there is anyone that can truly afford that $100K roller.
Whats the relationship then? Sports betting is different from slots. If you're looking for real high rollers, I think you would see more of them in games where they believe skill and analysis matter more than pure luck.

I mean, who would bet $10 million just hoping to get lucky? But there are people willing to bet that kind of money because they strongly believe in the team, fighter, or player they are betting on. Maybe they also feel they have better information than the average bettor.

Thats very different from slots where you just spin and hope luck is on your side.

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Japinat
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Today at 12:34:42 PM
 #107

I mean, who would bet $10 million just hoping to get lucky? But there are people willing to bet that kind of money because they strongly believe in the team, fighter, or player they are betting on. Maybe they also feel they have better information than the average bettor.

Thats very different from slots where you just spin and hope luck is on your side.


I agree with that because bonus buy is only for slots, not sports betting. We can compare the amount being wagered, but in the end its still like comparing apples to oranges. Just think of it this way, would you really be willing to bet a huge amount on a lottery knowing the chance of winning is very small, compared to a game where there are only two possible outcomes and the odds are much closer?

I think we already know the answer to that.  Cheesy

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Today at 02:39:32 PM
 #108

I agree with that because bonus buy is only for slots, not sports betting. We can compare the amount being wagered, but in the end its still like comparing apples to oranges. Just think of it this way, would you really be willing to bet a huge amount on a lottery knowing the chance of winning is very small, compared to a game where there are only two possible outcomes and the odds are much closer?

I think we already know the answer to that.  Cheesy


I wouldn't do it either, but just because we're not willing to doesn't mean rich people aren't. Since that slot site offers such high buy bonuses, maybe some people actually go for it. We don't know if it really has fans or if it's just a feature provided to attract gamblers.

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Today at 02:57:04 PM
 #109

I agree with that because bonus buy is only for slots, not sports betting. We can compare the amount being wagered, but in the end its still like comparing apples to oranges. Just think of it this way, would you really be willing to bet a huge amount on a lottery knowing the chance of winning is very small, compared to a game where there are only two possible outcomes and the odds are much closer?

I think we already know the answer to that.  Cheesy


I wouldn't do it either, but just because we're not willing to doesn't mean rich people aren't. Since that slot site offers such high buy bonuses, maybe some people actually go for it. We don't know if it really has fans or if it's just a feature provided to attract gamblers.

There is always something included in those high bonus buys to make them attractive, otherwise gamblers would not risk that much money.

Imagine doing a $100k bonus buy, and after just a few minutes you already know the result. I don't want to overthink it, and yes I believe there are people who can really afford that kind of bet. But for me, thats totally not my level. I would not even be comfortable doing a $1k bonus buy, that's already too much money to risk on slots.

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Today at 03:06:34 PM
 #110

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.

I’d like to know if there is RTP or Rakeback for this slot game? If I'm to take a risk on that amount, it shouldn't be a risk without benefit.


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

No, I don't know anyone around me who will spend that amount on a slot game. But they exist. High rollers won't care about the amount. 

I have seen some bet in a casino above that amount.

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Today at 04:08:52 PM
 #111

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?
It is truly hard for me, to imagine someone being willing to wager such a large amount of money; to purchase a slot game feature (bonus buy). I feel that wealthy people generally wouldn't do that lightly; they wouldn't be bold enough to risk that much money in such a way. However, the kind of person capable of betting like that might be someone with an excess of wealth, or maybe we called them as "a tycoon". Even, I have never seen a streamer purchase a feature for that much money; usually, what I see involves amounts in the range of hundreds, or thousands of dollars.
For most people, the amount of money is huge, but there are people in the world who have a very limited amount of money, they may spend more or less money on gambling, but their amount will be relatively small. I think gambling is only for entertainment, I will never use what I can never lose for gambling. Those who bet with huge amounts of money never gamble for entertainment, it is quite clear, their main goal through betting is to gain huge amounts of money, they see gambling as a means of earning money.

There are many ways to entertain yourself other than gambling, such as playing sports regularly, watching movies, hanging out with friends, etc. There are many ways to entertain yourself. I laugh a lot when someone says they gamble for entertainment. Because those who say this say it to hide their gambling. Many times, when it is said that I gamble, everyone laughs at him, so this laughter is because he does not want to be, so he tells everyone this.

Each person's financial situation is different. For many people, the amount of money that is their monthly income, but for the above person, that amount of money may be their weekly expenses. So we cannot say that a person who gambles with a large amount of money considers gambling as a source of income.

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Today at 04:28:09 PM
 #112

Do you honestly know anyone who would bet $100K on a slot?
This had to push me to go in research of a news I read some years back about a man who wagered $10M on a single bet slip but on sport bet and not slot.
Mr McIngvale actually made the bet and won a total of $75M which also marked him the biggest wager of all time. That is if I am correct though but my impression of this message is to let you know that there are people who had even bet above the specified $100K...
Yeah, the story of Jim “Mattress Mack” McIngvale is definitely impressive, but there are a few important details here. And if I remember correctly, it wasn’t one single $10 million bet, but several bets on the Houston Astros to win the World Series, placed with different sportsbooks. Altogether, they really did bring him around $75 million in payouts.

But his case is extremely difficult to compare with ordinary gamblers. McIngvale also used those huge bets as a kind of hedge for promotions at his furniture business. He promised customers refunds on certain purchases if the Astros won. So part of the betting risk was connected to the potential obligations of his business, while the bets themselves also generated a huge amount of free publicity that helped grow his business.

As for bets of $100,000 or more, of course, there are people who make them, especially millionaires, professional gamblers, and celebrities like Drake. But the absolute amount itself doesn’t really tell you how crazy the risk actually was. For someone worth hundreds of millions of dollars, a $100,000 bet can represent a smaller share of their wealth than a $100 bet does for an average person.


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Today at 04:28:19 PM
 #113

Do you honestly know anyone who would bet $100K on a slot?
This had to push me to go in research of a news I read some years back about a man who wagered $10M on a single bet slip but on sport bet and not slot.
Mr McIngvale actually made the bet and won a total of $75M which also marked him the biggest wager of all time. That is if I am correct though but my impression of this message is to let you know that there are people who had even bet above the specified $100K.
https://www.forbes.com/sites/willyakowicz/2022/10/26/mattress-mack-eyes-a-record-75-million-payday-if-the-astros-win-the-world-series/

The professional Canadian rapper of Drake has also been known to be a high roller who could bet such high wager. But as for people around my corners, I doubt if there is anyone that can truly afford that $100K roller.
But the example you just gave is totally different from the illustration O.P meant above with respect to slot games, because when it comes to Sport betting, it is no doubt that we have got many people who usually gamble far more than $100k and even up to $1million on a single bet, simply because Sport game is a game of skill and luck, unlike that of slot games whose outcome are a product of random algorithm and purely luck, and because of that, it will be difficult for anybody to just want to wager a whole $100k on a slot game whereby you don't know if you might win or not.

 
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leonair
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Today at 04:59:46 PM
 #114


It's really crazy I don't know who would take such a big risk but I would never be able to do it. Honestly I don't like slot games and play them very little. I don't find any logic in lot games where you have to bet on only one winning guess and everything depends on luck. Where it is completely dependent on luck and it is not possible to understand what is happening in the back end so why should you buy such a package with such a big risk. There are many planic gamblers who use millions of dollars in gambling and such packages have been created targeting them

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Today at 05:36:04 PM
 #115

There are some unknown whales that do not even share their gambling experience online. They might place such bets at casinos. But you never know if someone is really placing such bets unless the casino itself shares it with you. Most casinos online today operate shady businesses. Even if someone places such a bet and wins a huge amount, I doubt they would pay the winner unless the casino is legit and plans to honor the winner.

I have heard stories of selective scams from many players. The casinos start to act weird the moment they realize that the player is winning. I doubt there will be players who would bet this much. This might happen, but once in a few months if the casino has some whales.

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Obim34
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Today at 05:51:18 PM
 #116

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.
No, I don't know anyone, and for anyone to be so wasteful as to spend such a huge amount, something must be loosened up there.

For gamblers, who should be playing for fun, it is a terrible decision, but for casino owners running the platform as a business, it is an easy means to become profitable. It will take a crazy addict to go with that bet, even high stakers won't approve staking such an amount.


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Bryan jessy
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Today at 06:01:05 PM
 #117


It's really crazy I don't know who would take such a big risk but I would never be able to do it. Honestly I don't like slot games and play them very little. I don't find any logic in lot games where you have to bet on only one winning guess and everything depends on luck. Where it is completely dependent on luck and it is not possible to understand what is happening in the back end so why should you buy such a package with such a big risk. There are many planic gamblers who use millions of dollars in gambling and such packages have been created targeting them

It is actually another trick to attract some gamblers to play the game, regardless of how huge the money is some players will not mind spending their money, most of them can go extra miles like borrowing from people or even selling their properties just to raise the money to play the slot game with, I play slot games though but I am not into slot that much so playing with this amount to me it will be a financial mistake because I can not even predict the outcome to know if I will eventually win game or not so I can not afford such risk unless I have so much that I like to do away with no regrets.

Z_MBFM
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Today at 06:06:57 PM
 #118


It's really crazy I don't know who would take such a big risk but I would never be able to do it. Honestly I don't like slot games and play them very little. I don't find any logic in lot games where you have to bet on only one winning guess and everything depends on luck. Where it is completely dependent on luck and it is not possible to understand what is happening in the back end so why should you buy such a package with such a big risk. There are many planic gamblers who use millions of dollars in gambling and such packages have been created targeting them

It is actually another trick to attract some gamblers to play the game, regardless of how huge the money is some players will not mind spending their money, most of them can go extra miles like borrowing from people or even selling their properties just to raise the money to play the slot game with, I play slot games though but I am not into slot that much so playing with this amount to me it will be a financial mistake because I can not even predict the outcome to know if I will eventually win game or not so I can not afford such risk unless I have so much that I like to do away with no regrets.
Those who gamble regularly and are addicted to gambling and if they have a good financial condition, then they easily accept these offers. Although the risk here is very high, there is also a chance to win something big from here. Gambling means testing your luck. Gambling means taking big risks. The bigger the risk a person can take, the more chances they have to achieve something big. And casino platforms do not have a strategy where someone will lose all their money if they buy these bonus offers with such huge money because they know very well that if a gambler can be allowed to enjoy some profit, he will not hesitate to take bigger risks later.

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Mr_Brilliant$
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Today at 06:14:24 PM
 #119

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.
No, I don't know anyone, and for anyone to be so wasteful as to spend such a huge amount, something must be loosened up there.

For gamblers, who should be playing for fun, it is a terrible decision, but for casino owners running the platform as a business, it is an easy means to become profitable. It will take a crazy addict to go with that bet, even high stakers won't approve staking such an amount.

I don't throw away the fact that betting that amount is wasting funds. But you are saying this because the money is big in your eyes.  My eyes too. I am not left out. But there are people who can throw away such money and still feel very ok. Like nothing happened. There are some levels you get to in wealth that you wouldn't mind spending such amount. But as regard betting it's very tempting cause of the negative circumstances that can follow suit if one later wins and thinking he can win more.


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Today at 06:25:00 PM
 #120


I don't throw away the fact that betting that amount is wasting funds. But you are saying this because the money is big in your eyes.  My eyes too. I am not left out. But there are people who can throw away such money and still feel very ok. Like nothing happened. There are some levels you get to in wealth that you wouldn't mind spending such amount. But as regard betting it's very tempting cause of the negative circumstances that can follow suit if one later wins and thinking he can win more.


The economic Strata will change everything including the quality of life and some things related to money including gambling.

What we think is impossible does not mean everything will be like that because something that is impossible for us can be easy for others including in this betting case.
That's almost $100k for a buy spin feature and if we are in the lower middle class the money will certainly be thought of to make it more useful like investing or starting a business with a large enough scale but the thought of rich people who like picking money every day even every second things like this will feel easier for them to do.
We even often see some gambling influencers in their live streams (although we don't know if it's true or manipulation) always gambling with a large nominal it indicates that such a thing can still happen even though in the case of influencers it leads more to Entertainment.

 
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