High Rollers - page 9. | Bitcointalksearch.org

Lanatsa

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Quote from: uneng on April 21, 2022, 04:32:30 PM

Quote from: Lanatsa on April 21, 2022, 03:46:36 PM

Quote from: madnessteat on April 21, 2022, 05:00:13 AM

Quote from: Lanatsa on April 21, 2022, 03:13:17 AM

^

~

Even if this guy has accumulated a large sum of bitcoins during the early adoption and mining stage, it would be crazy to risk all his earnings into a single bet. Probably this guy is a millionaire or billionaire who doesn't bother losing money, since there is much more to spend from where it comes.

Quote from: Lanatsa on April 21, 2022, 03:46:36 PM

~

We have to be aware to the fact gambling is going to be profitable only for a very small percentage of lucky players, while everyone else is going to lose their bets, so the few winners and the house can make profit. At same time, there are no huge victory and fame without high risks, and that is what many gamblers are looking for, especially those who can afford insane bets sizes, like the one presented on this thread.

If we do really mind off practically then its not really that ideal nor good to spend up that much when you do gambler.For few thousands per bet then its considerable but for having this? This is too much.

Well its his money, he's the one would suffer if he would lost it all because no matter how rich you are or does have lots of coins and if you do continue to lose or bet like that then you do know
on where you do really ending up which is on getting wrekt. Sometimes we are just too concern on how other people been spending their money even though its none of our business
but it isnt bad to see and hear out some suggestions.

TimeTeller

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Quote from: goinmerry on April 21, 2022, 05:42:01 PM

Quote from: madnessteat on April 21, 2022, 05:00:13 AM

No one knows how many BTCs this man has and what year he acquired them. Maybe he is not a gambler but just decided to try his luck in the hope to increase his capital. There were times that I lost all my money hoping for luck but the luck did not accompany me. It is quite possible that we see a similar situation here.

Betting that kind of amount and figures and they are not a gambler? I doubt that.

They know what they are doing and they sure understand what's the risks. Whales are not that dumb to just enter something without even understanding what they are dealing with. These high rollers know what they are doing and understand what will be the result later on.

It's not that these whales already have BTC back then and were able to have it thru mining or cheap price or anything else.

They just afford to buy those regardless of the BTC price.

I think also that a lot of these high rollers today don't acquire those BTCs way back before.
High likely that they do have money to spend that amount in gambling.
Just look at Drake, betting large amounts in stake. Do you think he had the btc when it was still cheap?
So nope, we can't really tell the origin of their wealth. But if a high roller can afford that much, it doesn't mean that they acquired it long time ago.

goinmerry

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Quote from: madnessteat on April 21, 2022, 05:00:13 AM

No one knows how many BTCs this man has and what year he acquired them. Maybe he is not a gambler but just decided to try his luck in the hope to increase his capital. There were times that I lost all my money hoping for luck but the luck did not accompany me. It is quite possible that we see a similar situation here.

Betting that kind of amount and figures and they are not a gambler? I doubt that.

They know what they are doing and they sure understand what's the risks. Whales are not that dumb to just enter something without even understanding what they are dealing with. These high rollers know what they are doing and understand what will be the result later on.

It's not that these whales already have BTC back then and were able to have it thru mining or cheap price or anything else.

They just afford to buy those regardless of the BTC price.

uneng

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Quote from: Lanatsa on April 21, 2022, 03:46:36 PM

Quote from: madnessteat on April 21, 2022, 05:00:13 AM

Quote from: Lanatsa on April 21, 2022, 03:13:17 AM

^

No one knows how many BTCs this man has and what year he acquired them. Maybe he is not a gambler but just decided to try his luck in the hope to increase his capital. There were times that I lost all my money hoping for luck but the luck did not accompany me. It is quite possible that we see a similar situation here.

You are right on this one on where people do have this kind of behavior on betting then its likely this guy are those who had invested or mined into those early days of Bitcoin because if you had invested or accumulated on later years then you wont really be having this kind of spending.

Even if this guy has accumulated a large sum of bitcoins during the early adoption and mining stage, it would be crazy to risk all his earnings into a single bet. Probably this guy is a millionaire or billionaire who doesn't bother losing money, since there is much more to spend from where it comes.

Quote from: Lanatsa on April 21, 2022, 03:46:36 PM

Gambling is never a good idea in means on raising up your money because most likely you would really be ending up on the opposite thing which gambling is for entertainment nothingless.

Dont expect that it could make you rich even more because chances on being poor is high. lol

We have to be aware to the fact gambling is going to be profitable only for a very small percentage of lucky players, while everyone else is going to lose their bets, so the few winners and the house can make profit. At same time, there are no huge victory and fame without high risks, and that is what many gamblers are looking for, especially those who can afford insane bets sizes, like the one presented on this thread.

KTChampions

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Quote from: dimonstration on April 21, 2022, 03:16:08 PM

Highrollers typically aims the rakeback and Casino promotion that's why they keep on betting huge amount despite they are losing some since they will get a reward for doing it while having a chance to win at the same time. High rollers is not dumb as think that they are just burning money out of greediness. They are only breakeven when they lose there bets when they claim rake back and cashback while extra profit on tournaments and the potential win on there bet.

This works for poker and maybe for some other rare cases (maybe betting under certain conditions if there are bonuses, rakebacks or something similar for the money wagered). An ordinary gambler in a casino does not receive anything other than "free" bets, but in fact these bets are already paid for by him (more precisely, by the amount of money he lost).

Lanatsa

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Quote from: madnessteat on April 21, 2022, 05:00:13 AM

Quote from: Lanatsa on April 21, 2022, 03:13:17 AM

^

No one knows how many BTCs this man has and what year he acquired them. Maybe he is not a gambler but just decided to try his luck in the hope to increase his capital. There were times that I lost all my money hoping for luck but the luck did not accompany me. It is quite possible that we see a similar situation here.

You are right on this one on where people do have this kind of behavior on betting then its likely this guy are those who had invested or mined into those early days of Bitcoin because if you had invested or accumulated on later years then you wont really be having this kind of spending.
Gambling is never a good idea in means on raising up your money because most likely you would really be ending up on the opposite thing which gambling is for entertainment nothingless.

Dont expect that it could make you rich even more because chances on being poor is high. lol

dimonstration

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Dimon69

Quote from: BitcoinAccepted on April 21, 2022, 03:11:11 PM

In the long run, everyone loses in a casino. A casino always has an advantage of a few %, and the statistics don't lie and always come out. There are high rollers that are profitable in the beginning but they always keep playing on new visits and sooner or later they get hit and then they keep betting big and eventually the money is gone. It also depends on how rich you are. I know of a story of someone who had been saving for 10 years and then decided to turn everything to red at roulette, but it is unclear whether this story has been told truthfully.

Highrollers typically aims the rakeback and Casino promotion that's why they keep on betting huge amount despite they are losing some since they will get a reward for doing it while having a chance to win at the same time. High rollers is not dumb as think that they are just burning money out of greediness. They are only breakeven when they lose there bets when they claim rake back and cashback while extra profit on tournaments and the potential win on there bet.

BitcoinAccepted

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Quote from: Fortify on April 21, 2022, 02:58:01 PM

Quote from: wxa7115 on April 20, 2022, 03:08:36 PM

Quote from: Poker Player on April 20, 2022, 01:45:46 AM

Chances are that in the net of his gambling life he has lost more money than that jackpot, which indicates that he is most likely a person with a lot of money. I have a friend who works in a casino and he says that regular high rollers sometimes win big jackpots but consistently lose a lot of money. The long term net is loss, no matter how impressive big jackpots like this one might be.

This is without a doubt the truth, the only way this player would be ahead of the casino and has earned more money than what they have lost will be if they got this win early on during their gambling journey, however even if that is the case as long as that player keeps gambling then sooner or later they will lose that money.

So the only realistic way in which this player could remain ahead and earn more money than what he lost is that he stops gambling immediately and never does it again, something very unlikely as it would be very difficult to get those kind of profits without loving to gamble

One of the biggest eye openers for me with these high rollers was watching that Louis Theroux episode created quite a few years ago, which followed a some high rollers as they played in Las Vegas. There was an old lady who had a fortune from a very successful prior business who spent her retirement living right next to the strip and would fritter away thousands per day on slot machines as a simple amusement. Then there was a wealthy businessman who would fly in, be treated like royalty but fritter away hundred dollar bills incessantly into the slot machines but got a buzz off winning a few thousand back - every penny he made was tracked by the casino and calculated into the perks he got, but you know the casino made a healthy profit from each of his trips. It's well worth digging out and watching that documentary if you haven't seen it.

In the long run, everyone loses in a casino. A casino always has an advantage of a few %, and the statistics don't lie and always come out. There are high rollers that are profitable in the beginning but they always keep playing on new visits and sooner or later they get hit and then they keep betting big and eventually the money is gone. It also depends on how rich you are. I know of a story of someone who had been saving for 10 years and then decided to turn everything to red at roulette, but it is unclear whether this story has been told truthfully.

Fortify

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Quote from: wxa7115 on April 20, 2022, 03:08:36 PM

Quote from: Poker Player on April 20, 2022, 01:45:46 AM

Chances are that in the net of his gambling life he has lost more money than that jackpot, which indicates that he is most likely a person with a lot of money. I have a friend who works in a casino and he says that regular high rollers sometimes win big jackpots but consistently lose a lot of money. The long term net is loss, no matter how impressive big jackpots like this one might be.

This is without a doubt the truth, the only way this player would be ahead of the casino and has earned more money than what they have lost will be if they got this win early on during their gambling journey, however even if that is the case as long as that player keeps gambling then sooner or later they will lose that money.

So the only realistic way in which this player could remain ahead and earn more money than what he lost is that he stops gambling immediately and never does it again, something very unlikely as it would be very difficult to get those kind of profits without loving to gamble

One of the biggest eye openers for me with these high rollers was watching that Louis Theroux episode created quite a few years ago, which followed a some high rollers as they played in Las Vegas. There was an old lady who had a fortune from a very successful prior business who spent her retirement living right next to the strip and would fritter away thousands per day on slot machines as a simple amusement. Then there was a wealthy businessman who would fly in, be treated like royalty but fritter away hundred dollar bills incessantly into the slot machines but got a buzz off winning a few thousand back - every penny he made was tracked by the casino and calculated into the perks he got, but you know the casino made a healthy profit from each of his trips. It's well worth digging out and watching that documentary if you haven't seen it.

fullhdpixel

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Quote from: jrrsparkles on April 19, 2022, 09:54:35 PM

Some whales also loves to play their holding with cryptocurrency casino as well, I saw lot of such bets even with huge wins as well so casinos have maximum cap limit for won for certain games to avoid going into bankruptcy. There is nothing wrong with it, rich people love to spend their money in different ways and casino is one of their place.

Yes, because they are also humans like us that is hungry for dopamine. There are different kind of whales, one is the whales that we know the most that manipulates the crypto market and the other one is a whale gambler. Both whales play gambling but one whale only plays for fun and only bets on smaller portions because they are afraid that they can get addicted and lose the money that is mainly dedicated on their own business.

The other kind of whale are the one's that we see the most on the high roller. They gamble with huge amounts and they don't care if they lose of won because they already know that both are all part of gambling.

madnessteat

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Quote from: Lanatsa on April 21, 2022, 03:13:17 AM

^

No one knows how many BTCs this man has and what year he acquired them. Maybe he is not a gambler but just decided to try his luck in the hope to increase his capital. There were times that I lost all my money hoping for luck but the luck did not accompany me. It is quite possible that we see a similar situation here.

Lanatsa

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Quote from: michellee on April 21, 2022, 02:35:48 AM

Quote from: Lanatsa on April 20, 2022, 05:25:54 PM

Wont believe that it was a mistake because you would definitely be noticing that he made that in a row which its impossible that you wont notice and also if you do accidentally made out wrong bet amount then its not
something for this to be big.

Looking these numbers do really make us drool and this is something that we couldnt see on everyday basis which is really good to look at that there are really people who could really afford on losing
such huge sums of money.You could really see on most gambling sites on where there are people who are high rollers.

Yes, I also think the same as you because he often uses big money to bet. After all, we don't pay attention to how his betting habits are, whether he's always betting big money or it's only occasionally.

The numbers that are there will never be achieved by us, who are just small gamblers and can only dream of being able to get that much money. And if indeed we can get that kind of money, we definitely won't use it to bet. He is indeed a high rollers bettor and probably not many people like him use big money to bet.

Who doesnt really love to have big money but spending like this isnt something that everybody could really able to do such thing but its amazing to see that there are people who do really able to burn soo much money

through gambling.You cant really stop on how people should be spending up their money, its really a waste but since its their funds then they could do anything about it and doesnt matter if he
walks on the streets tomorrow after he lost it all but since this is a crypto balance and with this big amount then i do see that it would take a while before he burn himself.

michellee

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Quote from: Lanatsa on April 20, 2022, 05:25:54 PM

Wont believe that it was a mistake because you would definitely be noticing that he made that in a row which its impossible that you wont notice and also if you do accidentally made out wrong bet amount then its not
something for this to be big.

Looking these numbers do really make us drool and this is something that we couldnt see on everyday basis which is really good to look at that there are really people who could really afford on losing
such huge sums of money.You could really see on most gambling sites on where there are people who are high rollers.

Yes, I also think the same as you because he often uses big money to bet. After all, we don't pay attention to how his betting habits are, whether he's always betting big money or it's only occasionally.

The numbers that are there will never be achieved by us, who are just small gamblers and can only dream of being able to get that much money. And if indeed we can get that kind of money, we definitely won't use it to bet. He is indeed a high rollers bettor and probably not many people like him use big money to bet.

Lanatsa

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Quote from: michellee on April 20, 2022, 05:01:50 AM

Quote from: lablab03 on April 19, 2022, 11:55:50 PM

Quote from: madnessteat on April 13, 2022, 01:18:12 PM

Many people are not capable of making that kind of money in their lifetime so this rate is really astounding. I would assume that the player could have made a mistake when placing the bet, but he made three identical bets in a row, which indicates a deliberate game. I'm afraid to imagine how much this man can spend at the casino in an evening. It all seems somehow unrealistic.

very surprising indeed, and like you said seems unrealistic as well and i agreed coz if it's a roulette game probably that's not how it so easy to have a consecutive wins in it and its looks like he always all in. I wonder how much money he have on that platform.?

We can assume that the player made a mistake in placing the bet or that the player is used to placing very large bets and we have never seen this before. We never imagine what will happen after that, especially if that player suffers a defeat and loses all his money. It will make our lives go crazy and make us lose control and the worst thing is that we can end our lives. With that much bet, I think he has a lot of money in his account.

Wont believe that it was a mistake because you would definitely be noticing that he made that in a row which its impossible that you wont notice and also if you do accidentally made out wrong bet amount then its not
something for this to be big.

Looking these numbers do really make us drool and this is something that we couldnt see on everyday basis which is really good to look at that there are really people who could really afford on losing
such huge sums of money.You could really see on most gambling sites on where there are people who are high rollers.

wxa7115

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Quote from: Poker Player on April 20, 2022, 01:45:46 AM

Chances are that in the net of his gambling life he has lost more money than that jackpot, which indicates that he is most likely a person with a lot of money. I have a friend who works in a casino and he says that regular high rollers sometimes win big jackpots but consistently lose a lot of money. The long term net is loss, no matter how impressive big jackpots like this one might be.

This is without a doubt the truth, the only way this player would be ahead of the casino and has earned more money than what they have lost will be if they got this win early on during their gambling journey, however even if that is the case as long as that player keeps gambling then sooner or later they will lose that money.

So the only realistic way in which this player could remain ahead and earn more money than what he lost is that he stops gambling immediately and never does it again, something very unlikely as it would be very difficult to get those kind of profits without loving to gamble

Zackgeno96

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Quote from: michellee on April 20, 2022, 05:01:50 AM

Quote from: lablab03 on April 19, 2022, 11:55:50 PM

Quote from: madnessteat on April 13, 2022, 01:18:12 PM

Many people are not capable of making that kind of money in their lifetime so this rate is really astounding. I would assume that the player could have made a mistake when placing the bet, but he made three identical bets in a row, which indicates a deliberate game. I'm afraid to imagine how much this man can spend at the casino in an evening. It all seems somehow unrealistic.

very surprising indeed, and like you said seems unrealistic as well and i agreed coz if it's a roulette game probably that's not how it so easy to have a consecutive wins in it and its looks like he always all in. I wonder how much money he have on that platform.?

We can assume that the player made a mistake in placing the bet or that the player is used to placing very large bets and we have never seen this before. We never imagine what will happen after that, especially if that player suffers a defeat and loses all his money. It will make our lives go crazy and make us lose control and the worst thing is that we can end our lives. With that much bet, I think he has a lot of money in his account.

Definitely in the first place if he doesn't have a lot of money he wouldn't be able to place that bet, I think it doesn't matter to him if he is going to win or lose as you can see with his bet and that bet is a speed roulette.

michellee

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Quote from: lablab03 on April 19, 2022, 11:55:50 PM

Quote from: madnessteat on April 13, 2022, 01:18:12 PM

Many people are not capable of making that kind of money in their lifetime so this rate is really astounding. I would assume that the player could have made a mistake when placing the bet, but he made three identical bets in a row, which indicates a deliberate game. I'm afraid to imagine how much this man can spend at the casino in an evening. It all seems somehow unrealistic.

very surprising indeed, and like you said seems unrealistic as well and i agreed coz if it's a roulette game probably that's not how it so easy to have a consecutive wins in it and its looks like he always all in. I wonder how much money he have on that platform.?

We can assume that the player made a mistake in placing the bet or that the player is used to placing very large bets and we have never seen this before. We never imagine what will happen after that, especially if that player suffers a defeat and loses all his money. It will make our lives go crazy and make us lose control and the worst thing is that we can end our lives. With that much bet, I think he has a lot of money in his account.

VanityWallets2015

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In case with Stake I think they have millions or probably billions of dollars reserved for players like this one and they don't have problems if players will place million dollar bet in a single bet but it is really surprising to see placing a high amount of bets on a single bet.

Coin_trader

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Quote from: jrrsparkles on April 19, 2022, 09:54:35 PM

Some whales also loves to play their holding with cryptocurrency casino as well, I saw lot of such bets even with huge wins as well so casinos have maximum cap limit for won for certain games to avoid going into bankruptcy. There is nothing wrong with it, rich people love to spend their money in different ways and casino is one of their place.

They set maximum cap so that players can’t win huge amount instantly since casino is getting profit on human error so the more players bet then they have more chance to lose due to lack of patience and other factor for human error. Casino has a huge bankroll and they will never get bankcrupt with just a whale player win huge amount because they can get profit in different player. As long as there’s a lot of whale players actively playing on the Casino. They have nothing to worry about there business because the probability of winning is always in there favor. They just need huge bankroll to sustain the Casino running .

Poker Player

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Quote from: bitbollo on April 16, 2022, 02:27:38 PM

Quote from: romero121 on April 15, 2022, 05:36:17 PM

...

being able to hit such a jackpot is objectively a rare event ...
who knows how much he will have played before being able to win this amount Roll Eyes

... at least in this case there is a happy ending...

Chances are that in the net of his gambling life he has lost more money than that jackpot, which indicates that he is most likely a person with a lot of money. I have a friend who works in a casino and he says that regular high rollers sometimes win big jackpots but consistently lose a lot of money. The long term net is loss, no matter how impressive big jackpots like this one might be.

Topic: High Rollers - page 9. (Read 2221 times)