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

[rachael9385]

You want to know if such bets are good or bad for the industry, the answer to this is that these types high rollers are the main targets of the casino and they are the ones that move the casinos forward. There are definitely people that can afford it, if it is a large amount of money to you it's not actually the same for some gamblers.

Personally, I don't think that I can make such a bet even if I have the money to because 100k on a slot game would always seem like a waste of money to me, this is because of the principles and financial discipline that I have built over the years. If any gambler chooses to stake such an amount then it's their choice to make.

[348Judah]

Personally, I don't think that I can make such a bet even if I have the money to because 100k on a slot game would always seem like a waste of money to me, this is because of the principles and financial discipline that I have built over the years. If any gambler chooses to stake such an amount then it's their choice to make.

The money considered here is even more than a 100k bonus by here, and that is why we have gamblers of different categories; some can afford to use a huge amount of money to have a bonus buy-in in this regard, while some cannot attempt to do so.

It also applies to me in the same way you have decided, and this is a complete no in my own case as well; I'm not the kind of Gambler that like taking such risks and using such a huge amount of money for bonus buy-in gambling.

[yahoo62278]

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 don't really like seeing the buys from streamers on a fake balance but if someone can afford to spend that much I am not mad at them. I don't mind someone using a fake balance as long as it's known, but most do not disclose real or fake balance.

As far as the buy its-self, it looks like that particular game is max win or bust basically. I gave it a couple spins and know you can get a little back by hitting 1 or 2 7s, but the premise is basically max win or nothing. The odds are 5-1 that you get a max win. It's also possible that you buy 3 in a row and max 3 in a row, so long run who knows, could get a little lucky streak.

I don't personally know anyone who can make these kind of bets and it not hurt them financially.

[nara1892]

OMG, honestly, I’ve never seen bonus spins priced that high before it’s fantastic. And my thoughts aren’t too different from the OP’s “Who can afford that much?” Haha, but yeah, maybe one reason casinos offer them is because there’s actually a market for them and it’s definitely the “sultans.”
On the other hand, I remember that the largest number of bonus spins I’ve ever bought was around $20, and even that took a lot of courage on my part.

Actually, we can’t immediately conclude that this goes against responsible gambling because we know that many wealthy people might consider that amount to be relatively small for them.

It would definitely go against the rules of responsible gambling for the majority of us, as I would need to sell the house of my parents, sell our vehicles and perhaps some more stuff before being able to afford the highest bonus spin, and considering how my luck works, I would likely fail to get the maximum multiplier since it is a 1/5 possibilty, so chances would be still be against us.

There is a market of this kind of bonus spins, but it is rather a niche. I would dare to say most casinos and third party providers still get the bulk of their money from average gamblers who stay away from those crazy spin bonuses.

I get what you mean, bro, but no one is forced to buy such expensive bonus features, the decision ultimately rests with the gamblers themselves. Whether or not gambling is done responsibly isn't determined by the casino, but by the players. Simply put, even if a casino didn't offer bonus spins at that price point, it doesn't mean gamblers would automatically play responsibly that’s my point.
What you said in your second paragraph is correct, I agree that casinos still make significant profits from average gamblers who bet at mid range stakes.

[alastantiger]

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 are many people that can afford to risk such an amount gambling both on the forum and off the forum. Many gamblers are gambling with as much as $100,000 and they will be comfortable losing that amount but I do not see many gamblers on the forum willing to risk such amounts here. It might not be that we do not have those willing to risk such amount as they can afford loosing it but that will not be a reasonable action because of the constant education on gambling addictions and knowing how much of risk we take on bet when gambling as being thought on the forum.

I think it is a good practice to risk less money when gambling and not go for offers or bonuses that we might regret later all because we want to win more but we do not get it at the end of the day as that is always the most result for a gambler, they lose more than they win and that is the reality.

[Ayers]

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

it's not really fair to call it irresponsible just because you see $100K bet. For high roller 100K may be very small portion of their bankroll. so, to detarmine what the risk is for such gambler, you need to look at more than just their absolute bet size. you need to look at how much capital they are putting at risk compared to their RTP and bankroll. but yeah with Hacksaw game having high volatility and large max win multiplier, it is natural that such same mathematical edge will convert into large dollar loss much faster if you increase your stake.

just because there are such limits, it's not like the casino want everyone to bet $100K. high limit are basically to capture demand of small number of high roller. and if  casino doesn't push any vulnerable player toward these stake then there shouldn't be any problem with responsible gambling.

[Pandorak]

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.

For me and i’m sure for almost all of us here, we agree that the amount is enormous, and we certainly aren’t the kind of people who would willingly spend that much money just to try our luck.

On the other hand, there will undoubtedly be a handful of people who can afford it, are interested and are willing to spend that much money. Of course, these are people who have tens or even hundreds of times that amount, so losing such a sum wouldn’t worry them too much.

[AmaGold70]

While using a casino site it is important to understand the features of that casino , and know how you should make use of them, for a casino website to put this kind of amount of money as maximum bet can be dangerous to gamblers, many times when bonus is huge is just another way of attracting customers to their site who would want to take advantage of this bonus, but however bonus bet is always attached with conditions, and if these conditions are not met, you won't actually benefit from this bonus.
Am not really attracted by this bonus, so I don't deposit fund for the sake of getting bonus because I have never met the terms and conditions that is attached to the use of bonus in the platform I use.

[Sanitough]

Am not really attracted by this bonus, so I don't deposit fund for the sake of getting bonus because I have never met the terms and conditions that is attached to the use of bonus in the platform I use.

This is not the kind of bonus you are thinking about, probably you mean a deposit bonus. This one is part of the game itself, you can call it a bonus buy where you get more spins or directly enter the bonus feature instead of playing normal spins.

Its up to you how much you want to spend, and definitely there are bonus buys with much lower amounts too.

Just curious, have you tried playing slots before using the bonus buy feature?

[EluguHcman]

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.

If you had read me clearly, you should understand that I have already stated it that the high rollers in the gambling industry I know that wagers such amount of $100K and above like the example I gave was from sports bets and not slot. So don't think I was trying to convince the OP with my content.

Don't also believe it that there is not going to be anymore that can afford wagering $100K in slot games simply because it is a pure game of luck.
In Slot games with just two-outcome, there are still high rollers who can afford to take the risk as the risk may be 50/50.
So overconfidence or a common risk bearer can still afford the risk to wager the $100K or even more.

[xenomorfo]

While using a casino site it is important to understand the features of that casino , and know how you should make use of them, for a casino website to put this kind of amount of money as maximum bet can be dangerous to gamblers, many times when bonus is huge is just another way of attracting customers to their site who would want to take advantage of this bonus, but however bonus bet is always attached with conditions, and if these conditions are not met, you won't actually benefit from this bonus.
Am not really attracted by this bonus, so I don't deposit fund for the sake of getting bonus because I have never met the terms and conditions that is attached to the use of bonus in the platform I use.

I think they did the math well, not to mention that there are some clauses that are sometimes truly complicated and absurd.
For example, a casino tells you, deposit $10 and I'll give you a $100 bonus, but maybe to take home that $100 you have to play 20 times the value (and win). So you really just play for longer.

[Ryu_Ar1]

We as small gamblers probably won't notice anything like this but for those with bigger money like influencers or athletes who gamble like neymar, drake and some other big names who gamble things like this seem like pennies to them.

Neymar spent more than 1 million without blinking, Drake is also the same he has even lost 3 million more just from a few bets that he appeared to surface and it is not impossible for him to lose more than this if he plays in other gambling
https://thedrakecurse.com/

This indicates that what we Small gamblers cannot achieve is not necessarily the same because such bets can be considered spare change for those who have wealth beyond reason.
Consciously or not, the economic level also makes the betting conditions change, those of us who are in the middle or lower economic standards will only dwell on small gambling in terms of bets and those who are rich do not rule out the possibility of betting beyond reason with the number of bets they place.

Interesting. I did not know someone actually took the time and effort to document all the losses of Drake into a website for everyone to see.
I am not even sure whether they did so because they actually believe there is something like a curse behind Drake or perhaps because this is rather a joke for most Drake followers.

Whatever the case I agree wealth is relative, what it is peanuts for me could actually be quite a money for someone deep in poverty, also my savings could look like pocket change for figures like Neymar and Drake. .
Obviously those slotsl features are not supposed to be aimed at us, but elite gamblers who are rich enough not to worry about money ever again.

The site seems to only show Drake's official record of betting because regardless of the curse or not it comes back to their respective perspectives but by looking at it we can see the connection with the title OP wrote Where When we as small gamblers who think the situation is impossible to happen it looks easy for some people who have no money limit in their lives including in the bets that Drake does because it becomes a clear example that wealth makes the situation in betting/gambling different.

On the one hand, here the important point for small gamblers is not to try to exceed the limits that we cannot bear in terms of risk although there is an expectation that with the greater capital we spend to bet, the greater the profit but we must stick to the financial condition we have. Once you do an aggressive action, the regret may not be able to bear.

[Josefjix]

I think they did the math well, not to mention that there are some clauses that are sometimes truly complicated and absurd.
For example, a casino tells you, deposit $10 and I'll give you a $100 bonus, but maybe to take home that $100 you have to play 20 times the value (and win). So you really just play for longer.

Every promises made by the casino usually come with a price, they never give out free bonuses or rewards just like that because a deposit is been made, all what they care about is money to go through wagering which made them gets with profits a little bit and the bonus goes back to them. Closely looking at it, the money, every bonus goes back to them, and since they control the gambling site, they hardly loose.

[uchegod-21]

I think they did the math well, not to mention that there are some clauses that are sometimes truly complicated and absurd.
For example, a casino tells you, deposit $10 and I'll give you a $100 bonus, but maybe to take home that $100 you have to play 20 times the value (and win). So you really just play for longer.

Every promises made by the casino usually come with a price, they never give out free bonuses or rewards just like that because a deposit is been made, all what they care about is money to go through wagering which made them gets with profits a little bit and the bonus goes back to them. Closely looking at it, the money, every bonus goes back to them, and since they control the gambling site, they hardly loose.

The casino will be in losses even if they raise the bonuses higher. Bonuses are what attract more gamblers to the casino. Serious minded gamblers will do anything to claim these bonuses and at the end, more gamblers are playing but only few gamblers will go home with the price.  The casinos have put everything in place already before the official announcement. We as gamblers cannot outsmart the casinos in things like this. Just make sure you don't go bankrupt while trying  to impress the casino.

[AakZaki]

If you ask if anyone will bet $100k in the slot, of course, a lot.  you need to look at gambling players who have a lot of money to bet, such as Drake Rapper who is also a person who likes to do millions of dollars bet, if only compared to $100k is like a small money, but for us it is lifelong money that can be collected.

Professional gamblers with a multimillion-dollar portfolio will try every game with a large amount, they try it, look at the mechanism of giving bonuses and such that they understand how to win and earn more money.
So don’t doubt who will bet $100k in the slot.

[bakasabo]

If you ask if anyone will bet $100k in the slot, of course, a lot.  you need to look at gambling players who have a lot of money to bet, such as Drake Rapper who is also a person who likes to do millions of dollars bet, if only compared to $100k is like a small money, but for us it is lifelong money that can be collected.

Professional gamblers with a multimillion-dollar portfolio will try every game with a large amount, they try it, look at the mechanism of giving bonuses and such that they understand how to win and earn more money.
So don’t doubt who will bet $100k in the slot.

Isnt it even for a rich person will be a huge bet? I took Drake as example also. He bets hundred thousands and millions on a sport event. Event that last long. What he will get for a $100k bet/bonus purchase in slots? He will see animation for 1-30 seconds (maybe later, but not as long as watching an event), and his $100k are gone. I think from "price/amount of emotions" point of view, even for rich people it will be expensive to buy suck bonus or to play slots with such high bet.

[masulum]

Isnt it even for a rich person will be a huge bet?

AFAIK, Pragmatic have max bet $240 and some games with the bonus buy feature is more higher than a game mentioned by OP and i think there will be a user with a lot of money will buying it even too high for us.

What he will get for a $100k bet/bonus purchase in slots?

a gambler doing betting with a lot of money can have a reason betting for luck to get more money or it can be challenging him self with bonus buy free spins. of course for me and for you this is not make sense, but with additional feature from that bonus, someone will try to using it even need to pay a lot of money.

[bakasabo]

What he will get for a $100k bet/bonus purchase in slots?

a gambler doing betting with a lot of money can have a reason betting for luck to get more money or it can be challenging him self with bonus buy free spins. of course for me and for you this is not make sense, but with additional feature from that bonus, someone will try to using it even need to pay a lot of money.

I still think that even for rich amount or size (I dont know what is the correct word to use) of emotions he would get for spent $94,500 is inacceptable. I think such gambler wont even have time to feel the effect of the money spent. I can only guess that I am too far away from spending $94500 on gambling and not expecting much of emotions in exchange When I spend large money, I expect positive effect of spending them to last for at least few days/weeks/months (for example I was happy for a long time when I have bought a new car with 0 km mileage).

[AHOYBRAUSE]

LOL, what a terrible game and what terrible odds. Almost 95K for 1 spins with a 20% chance to win the jackpot. Imagine how often you have to spins this to actually win. I doubt it will take less than 5 tries, no chance for that to happen. No clue what this "max win" actually pays but I would rather play 5 parleys with odds of 5 before I would ever touch a slot like this with terrible winning odds. I wonder if anybody is crazy enough to do this. Well I guess Drake is at least dumb enough to try. 

[Sanitough]

If you ask if anyone will bet $100k in the slot, of course, a lot.  you need to look at gambling players who have a lot of money to bet, such as Drake Rapper who is also a person who likes to do millions of dollars bet, if only compared to $100k is like a small money, but for us it is lifelong money that can be collected.

I know he gambles millions of dollars, but I never really saw him bet that much on slots, mostly its on sports betting.

Honestly anyone betting that much on slots is either extremely rich, just wasting money, or maybe crazy enough to take that risk. I rarely see people betting that big on slots, except maybe those who are partnered with the casino if you know what I mean.