A high roller, also referred to as a whale or cheetah, is a gambler who consistently wagers large amounts of money. High rollers often receive lavish "comps" from casinos to lure them onto the gambling floors, such as free private jet transfers, limousine use and use of the casinos' best suites.
This article is about the gambling term. For other uses, see High roller (disambiguation)
A high roller, also referred to as a whale or cheetah, is a gambler who consistently wagers large amounts of money. High rollers often receive lavish "comps" from casinos to lure them onto the gambling floors, such as free private jet transfers, limousine use and use of the casinos' best suites. Casinos may also extend credit to a player to continue betting,[1] offer rebates on betting turnover or losses,[2] and salaries of employees may also contain incentive arrangements to bring in high rollers.[3]
The definition of a high roller varies. At Crown Casino in Australia, for example, it involves bringing between AUD$50,000 and $75,000 to the table.[4] High roller players often have very high table limits allowing the high roller exclusive use. Casinos compete on bet limits. In Australia limits of AUD$300,000 are common, in Las Vegas they are between US$150,000 and $300,000, and in Macau they are up to US$500,000. Only richer casinos can accommodate high-stakes gambling due to the volatility of results.[2]
High rollers may also be subject to exceptions from various rules and regulations; for example the high roller rooms at Crown Casino in Melbourne, Australia are the only licensed venue in the state not subject to a ban on smoking.[5]
High rollers are said to provide only a small fraction of casino business. John Eidsmoe, in his book Legalized Gambling: America's Bad Bet, claims that it is actually gamblers from the lower and lower-middle classes in the United States that provide much of the gambling money. "The occasional wealthy 'high roller' does indeed exist, but he is the exception, not the standard. The fact that more than 50% of Nevada's gambling income comes from slot machines as opposed to the card tables should be an indication high rollers are not the main source of revenue."[6]
There have been many cases around the world where high rollers have committed fraud to provide funds for gambling beyond their means, after becoming seduced by the lifestyle.[1][7][8] This was the case with famed gambler Terrance Watanabe who reputedly lost over $220M in Las Vegas over a 5-year period, and was ultimately sued by Caesars Entertainment for failing to pay up on markers he took out during the binge totaling $14.75M.[9]
While high rollers may not provide a significant portion of the revenues in the casino industry as a whole, they can have a major effect on the net income of casinos that cater to them. There are significant costs associated with attracting the highest-stakes gamblers, so if a casino takes this risk and the high roller wins, the casino's expenses can be extremely large. Likewise, if the casino's investment pays off and the high roller loses, the casino's gain can far exceed its expenses for the high roller's visit.
Related to high rollers are "low rollers", a loosely defined term whose meaning changes with context. This can be anything from a casino regular patron who nevertheless wagers very low amounts of money - perhaps just enough to participate in casino loyalty programs and "comps" - to any average low-spending tourist.
Notable high rollers around the world [ edit ]
See also [ edit ]
Casino host, an employee of the casino that delivers services to maintain loyalty
Louis Theroux: Gambling in Las Vegas, a BBC documentary profiling some high rollers
References [ edit ]
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The results revealed that 57% of women found climbing attractive, making it the sexiest sport from a female perspective. In second place was extreme sports (56%), followed by football (52%), and hiking (51%).
Quirkology recently teamed up with fitness expert Sam Murphy to explore the relationship between sport and attraction. They surveyed thousands of people to find out which sporting activities would make a member of the opposite sex more attractive.
The results revealed that 57% of women found climbing attractive, making it the sexiest sport from a female perspective. In second place was extreme sports (56%), followed by football (52%), and hiking (51%). At the bottom of their list came aerobics and golf, with just 9% and 13% of the vote, respectively.
Meanwhile, men revealed to be most attracted to women into aerobics (70%), followed by yoga (65%), and going to the gym (64%). Last on the list was bodybuilding (5%), rugby (6%), and golf (18%).
'Our findings suggest that women who've been pounding the pavements in search of love would do better taking up aerobics, while men seeking women need to ditch the weights and get on the climbing wall,' said Murphy. 'That said, the best way to find happiness - not to mention a long-lasting fitness regime - is to do what you love. Unless that is, it's golf!'
Here are the full results:
Women
Aerobics | 9
Golf | 13
Bodybuilding | 19
Yoga/Pilates | 20
Cycling 37
Rowing | 43
Martial arts | 44
Rugby | 44
Running | 44
Skiing | 46
Going to the gym | 50
Hiking | 51
Football (soccer) | 52
Extreme sports | 56
Climbing | 57
Men
Bodybuilding | 5
Rugby | 6
Golf | 18
Rowing | 20
Football (soccer) | 30
Extreme sports| 32
Martial arts | 35
Cycling | 39
Climbing | 41
Hiking | 41
Skiing | 53
Running | 55
Going to the gym | 64
Yoga/Pilates | 65
Aerobics | 70
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