Can a regular player actually win a casino race or is it just for whales?

[YellowSwap]

Anything that has to do with chasing leaderboards, to even the VIP levels I am completely out, that race is not for someone who is struggling or someone who is making less amount of money.

People who should be into leaderboard tasks are those that can waste 100k like it's nothing, such people are qualified to be called whales because they have excess amounts of money that they are ready to lose.

Do not compare yourself to them or one gambling event will turn your life upside down and that's it, you are so over.

[greysonz]

Almost every operator (maybe even everyone of them) has some kind of race with leaderboard now: weekly, monthly, whatever with '$100k up for grabs'. and in every leaderboard, the top 10 have wagered amounts ... i can't wager in my life.

Whats even the point for regular players?

Most races are based on total wagering volume. which basically means whoever has the biggest bankroll gets the best chance at winning. and if you wanna climb higher you gotta keep betting more and more...

Personally i'd rather see a leaderboard based on the highest multiplier or something where a $1 bet could actually compete with a $1000 one.

And what do you think is more fair - wager-based leaderboards, random raffles or highest multiplier races?

I think your question is very easy to answer. The answer is that the multiplier table is certainly interesting, and it will undoubtedly attract gamblers' attention. Even I find myself thinking that I've never received multipliers as huge as those seen in shorts at Xy Stake. But imagine how much the race for a bankroll and gambling spending affects gamblers.
This table literally forces them to go all-in, spend everything, and hope that their spending will pay off. This is dangerous for their deposits.
And I feel sorry for those who take places lower than first in this race.

[bakasabo]

Everyone has chances to win, because luck and random are kinds of gambling. They can either help or disturb you on the way to a victory. However, statistically, whales or rich people will always have an upped hand in any competition where your bank size matters. This is proven many times in life. Rich with resources always dominate over small and poor. I would say so: yes a regular player can win, but his chances are very low.

[TheUltraElite]

I would say so: yes a regular player can win, but his chances are very low.

The chances to win are same for everyone but the ability to hold out for long duration of games and sustain losses is higher for the people with higher capital as compared to lower capital.

With richness comes the cushion to be able to sustain these losses. But they will lose at the same rate as any other player, provided the casino is running fairly.

The poor need to get their priorities right, in my opinion. They should invest in their education, livelihood an skills to be able to generate income more than gamble. Once they are upgraded in class, they can try the luxuries in life.

[ruykeri]

The casino company gives bonuses or any gifts, the purpose behind it is their own profit. Now the person who bets with a higher amount if he is on the leaderboard will be given a bonus, after this announcement many will bet with a much higher amount. They will suffer losses. The casino company will make  profit. If they give some percentage of it as a bonus then there is no loss for the casino sites. Rather they are encouraging more people to bet with a higher amount through this kind of competition. Now in the concept that you have mentioned in this case the companies will lose more which the casino sites will never want. If a user gets the highest multiplier then he has already made more profit. Then it does not seem logical to give him a bonus separately. So the companies do not take such decisions. They always give bonuses in such a way that there are all such conditions due to which the users are forced to bet more. Where the bonus money has to be bet. If you do not bet it cannot be withdrawn. Such conditions are given. The purpose of all this is to create a betting habit in the users. That's why casino sites never give anything away for free. They have a profitable motive behind it.

[Odusko]

The casino company gives bonuses or gifts for its own profit. Now, the person who bets a higher amount and is on the leaderboard will be given a bonus; after this announcement many will bet with a much higher amount. They will suffer losses. The casino company will make  profit. If they give some percentage of it as a bonus then there is no loss for the casino sites. Rather they are encouraging more people to bet with a higher amount through this kind of competition. Now in the concept that you have mentioned in this case the companies will lose more which the casino sites will never want. If a user gets the highest multiplier then he has already made more profit. Then it does not seem logical to give him a bonus separately. So the companies do not take such decisions. They always give bonuses in such a way that there are all such conditions due to which the users are forced to bet more. Where the bonus money has to be bet. If you do not bet it cannot be withdrawn. Such conditions are given. The purpose of all this is to create a betting habit in the users. That's why casino sites never give anything away for free. They have a profitable motive behind it.

Casinos are businesses that are operated to make profits, and whatever marketing like bonuses or other freebies are all targets to get the attention of the players to visit and use their gambling site, this is why is very important to read everything concerning bonuses before taking them, even the leadership ranks and how much your earn as rake back bonuses, this are all subject to your own individual wagers which keeps the casino at hedge all the time and the reason they are still in business.

[Hispo]

...

The poor need to get their priorities right, in my opinion. They should invest in their education, livelihood an skills to be able to generate income more than gamble. Once they are upgraded in class, they can try the luxuries in life.

If we are realistic, the average poor person does not have any knowledge on how investing works, so they simply do not do it and go straight to gambling and betting, because they have seen several people winning money from it, even from advertising by the very own casino.

I have never met someone who is in a very bad economical position and at the same time they decided it was their priority to partake in a race on a casino. It is just stupid, money used to race on casinos are supposed to be money who does not have any problem losing to the edge of the house, that is something the poor cannot afford, obviously.

[Doan9269]

Let's even start from this angle and take it the way it is, majority of the poor will not risk losing their money on gambling, those that majorly play bets are the average class and they can go for any game of their interest in gambling, while the rich can go to any length as well to play is specific game that fit in their desire or taste particular time with gambling, but I will always say this that everything is still drawn down to the mentality we have towards how we can play smartly and not blindly.

[CryptSafe]

What I can say here is this, the competition is fun to do but it takes more to achieve and if you know that you can not meet up with the wager conditions, do not bother because it is financially inclusive. Bet and play according to your capacity as gambling is about fun and that fun is what keeps the game going on. People who participates in such  are those who are financially buoyant to run the race to the top-level to get some rewards for their efforts.

Yea, if you know you cannot make it financially, there is no reason to overload yourself or try to impress anyone, you can still stick to what you know and just gamble normally afterall these operators bring out these games and competition as a way to keep more gamblers hooked outside the normal casino games and of course a way to get more money from players with reawards and bonuses as a result of winning but now, the chances of winning are always in the wind. So yes, if you know thats not for you especially financially, then it will be best not to put body at all.

You should know that this is business and they can come up with anything just to entice players to make them get motivated to play until they win but in the real sense we all know that at some point it is not an easy one if one is not financially capable to pursuit the race to win a spot. All these are just business and marketing strategy by casinos. They make huge amount from ot and would definitely keep it up and running so as to make more money from it. Players will never understand this except for those who are well experienced in the system.

[Asuspawer09]

Definitely not something that is for everything, most of this leadershipboards are just for marketing and promotion so that a lot of users or players are going to be encourag to bet a lot especially if they are already near the leadershipboard they might have the chance to get a extra bunos funds on there account, something to reward them when they are the actual players that is playing on the platform, I mean for me it's a good thing for the players to compensate them atleast or make them stay in the platform, but it wasn't worth it for someone to chase it if they just really can't it is just for someone that is already betting a huge amount, so it's worth getting the reward anyway because you are doing it already anyway.

But if you are racing for that just to get the bonus and you think it's a good idea for sure, you're just going to get a huge loss if that is what you're thinking, because you're gonna need to wager a lot just to get competitive, I mean, they all wanted the bonus for sure.

[sotelorene]

Let's even start from this angle and take it the way it is, majority of the poor will not risk losing their money on gambling, those that majorly play bets are the average class and they can go for any game of their interest in gambling, while the rich can go to any length as well to play is specific game that fit in their desire or taste particular time with gambling, but I will always say this that everything is still drawn down to the mentality we have towards how we can play smartly and not blindly.

I disagree with you when you said majority of poor people will not risk losing their money on gambling because majority of the people gambling nowadays are poor people yes, and they have this myopic reason that their luck will or may shine one day and they will be out from poverty and later most of them find themselves even losing more. I know rich people do gamble but the majority of rich that gambles is nothing to compare to the poor even in rich and poor country all over the world.

[xenomorfo]

Anything that has to do with chasing leaderboards, to even the VIP levels I am completely out, that race is not for someone who is struggling or someone who is making less amount of money.

People who should be into leaderboard tasks are those that can waste 100k like it's nothing, such people are qualified to be called whales because they have excess amounts of money that they are ready to lose.

Do not compare yourself to them or one gambling event will turn your life upside down and that's it, you are so over.

It doesn't make sense or not in classic casinos, but in poker the whales or simply the people who have the most chips have a better chance of winning, because they are simply scary.

I like poker because it is also a metaphor for life, even in life if you are born rich everything is simpler: think about it.

[taufik123]

-snip-
And what do you think is more fair - wager-based leaderboards, random raffles or highest multiplier races?

If you use wager-based leaderboards, these random raffles are not a game that requires hard work because everything will be determined by the bets made
and some random draws that are determined based on the random choices that are determined.

Actually I often get ranked or get the grand prize with a random lottery system, on some random draws that are done on the forum and it is entirely dependent on luck.

[Josefjix]

I would say so: yes a regular player can win, but his chances are very low.

The poor need to get their priorities right, in my opinion. They should invest in their education, livelihood an skills to be able to generate income more than gamble. Once they are upgraded in class, they can try the luxuries in life.

Stay where you are when you were poor because luxurious leaving has it's own pain and struggle to maintain it, you don't just start behaving trying out luxurious leaderboard competitions because you have hitted big, you simply upgrade a little bit of stake gradually and then reduce stakes if needs be.