If you enjoy the thrill of placing larger-than-usual wagers, here is a list of safe high limit betting sites willing to book your big wagers.
How do we rate high stakes betting websites? At the most basic level, your site needs to be willing to accept large wagers in the first place. Online sportsbooks and casinos are big on risk management. Someone who bets big and wins frequently can really put the squeeze on some of the smaller operations.
Best High Limit Betting Sites
The criteria for choosing where to bet online are a little different for high stakes gamblers than they are for average players. Safety takes on additional importance at high limit betting sites because big cash balances present a juicy target for the unsavory individuals of the world.
Logistics are also important. If your credit card even supports large transactions, your betting site may not. Online sportsbooks, casinos, and poker sites are careful how they accept large deposits due to the ever-present risk of fraud.
The same goes for withdrawals. If you’re fortunate enough to win and accrue a large balance, you need to be sure the high limit betting website you are playing at is capable of processing large withdrawals. Take a look at the fine print of many sports betting sites and you’ll find that they limit withdrawals to something like $5,000 a week. That’s plenty for the average player, but it’s not enough to process a big cashout within a reasonable time frame.
Reputable high stakes betting sites will find a way to get you paid. I’ve even heard stories of bettors receiving a briefcase full of cash delivered in person. The best thing to do is ask for a VIP host and discuss how large deposits and withdrawals will be handled, before proceeding.
It all comes down to financial logistics going both ways. If your site doesn’t have the ability to process large transactions, it’s going to be more trouble than it’s worth. Payment processing is always something I consider when looking for high limit gambling websites.
Bonuses and VIP programs are also worth a look. Don’t be shy to ask for special treatment. If one operator isn’t willing to give you worthwhile rewards, another definitely will.
Contact a VIP Host
It never hurts to make a phone call or write an e-mail to your prospective operator before signing up. Tell them that you’d like to make a large deposit and ask them how they would handle that deposit and subsequent withdrawal.
If you already have an account, you can ask for increased betting limits. Some gambling sites (especially online casinos) have “flexible” limits. The max bet is set at a default but limits are increased on a case-by-case basis.
Ask about VIP programs or special loyalty rewards for high rollers. Many brands won’t have anything official in place but a competent manager will pull strings and make good things happen.
As a side benefit, you can see what their customer support is like before you deposit.
Don’t be surprised if you have a few problems depositing the first time you make the move to high limit wagering. Large financial transactions can be difficult to process and fraud is a legitimate concern for online gambling operators.
You can minimize delays and avoid rejected transactions by contacting high limit betting sites before you depositing a large amount. Your VIP host should recommend a deposit method and tell you anything else you need to know to make sure your transaction goes through.
Don’t be surprised if you’re asked to send a copy of your driver’s license and/or proof of residence. This is just a byproduct of security and fraud prevention. The process is completely normal. You may be asked to scan a picture of your license and a recent utility bill and then e-mail a copy to your site’s customer support team.
Divide and Prosper
You don’t have to keep your bankroll all at one place. We advise dividing your bankroll across a few high limit betting sites. This is basic risk management.
What about high stakes poker sites?
Poker sites need to host high stakes tables and have the traffic to keep them busy. Even if online poker sites have high limit tables, you’re not going to get any action if there’s nobody to play with. Larger sites are always your best bet for big poker games.