High Stakes Betting Sites
If you’re on the search for top-rated high stakes betting sites then you’ll be pleased to know that you’re in the right place. In fact, aside from looking at the best high stakes bookmakers in this post, we’re also going to be taking a look at some of the main things to look at when actually choosing a bookie to play at. Of course, this post is naturally geared towards punters who would classify themselves as ‘high stakes players’, but it’s also well-suited for those who fancy betting a little higher than most.
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High Stakes Betting Sites: What to Look For
While most online bookmakers will want high rollers to join their site and play, it’s fair to say that some are more geared towards high stake players than others. In this section of our post, we’re going to be taking a look at some of the main things to look for when you’re considering joining a new bookie as a high stakes player.
While the first thing we recommend you look out for doesn’t apply solely to high stakes players, it’s something well-worth bearing in mind, as it’s relatively crucial to your overall betting experience. What are we talking about? The betting markets, of course.
There’s nothing worse than joining a new bookie only to find that their range of markets and events is poor. While, today – thankfully – most bookmakers have expanded their variety of betting markets, but it’s still always worth having a quick look before you join.
Now, let’s look at things that more specifically tine into what high stakes punters will be looking for. Perhaps the most important thing to bear in mind is the maximum payout restrictions. This is something used by virtually all bookmakers, but the numbers vary significantly.
For example, a smaller bookie – aimed at more casual or low-stakes punters – may impose a maximum win cap per 24 hours. This cap will usually be site-wide, meaning that you can’t win more than X amount each day. If you do, then the additional winnings may be forfeited. Clearly, this isn’t something you want – especially if you’re going to be placing nosebleed stake bets that could well go over this limit. To avoid this, we recommend always betting with a larger bookmaker. Typically, the larger bookies either have far higher caps (often into the millions per day) or in some cases, no caps at all.
Making Large Deposits and Withdrawals
While you may think that bookies would be more than happy to accept large deposits (and process large withdrawals), you may be surprised to learn that it can actually be much harder than you think. Aside from restrictions from the payment methods themselves, bookies are often afraid to take high deposits due to the risks of potential fraud associated with them. Some of the smaller bookies are also hesitant to even accept high staking players, as a winning bet could – in some scenarios – put them out of business.
If you’re a high stakes punter and want to make large deposits online, then in the first instance we always advise you to contact the bookie in question. Doing this accomplishes two things; firstly, it means they’re much less likely to block or refuse the transaction. (If you’re a new customer and go straight into making a 4 or 5-figure deposit, it’s very likely to be refused.) Explain that you’re a high stakes player, and plan on making large deposits. This will give them a heads up.
Secondly, by letting them know before you start to bet, you may also attract the attention of a special VIP manager. We’ll look at VIP and Loyalty programs in more depth in the section below, but essentially this can allow you to claim special promotions and bonuses at the site.
Something else that you should be aware of, is that by making large deposits, you’re more likely to be required to provide proof of identification to the bookmaker. Each site typically has a threshold (it’s usually around the $2,000 mark), and once you cross this limit you’ll need to upload proof of address, identity, and, in the case of using debit and credit cards, proof of card ownership. Again, this isn’t something you should be worried about, but you may want to complete the verification process before you deposit to avoid your betting experience being interrupted.
You should also be aware that – particularly in the UK – due to new legislation, online gambling operators are now required to carry out Source of Wealth (SOW) requests. These require you to ‘prove’ your source of income. It’s an annoyance, but the process is relatively quick now, and it’s worth bearing in mind that this is out of the operator’s control.
VIP and Loyalty Programs
If you’re looking for high stake bookmakers, and plan on doing high stakes betting, then you’ll definitely want to look for great VIP and Loyalty programs when choosing a new bookie. The reason behind this is fairly self explanatory; because you’re staking more money than the average punter, you should – by all accounts – be able to enjoy better perks.
Thankfully, many bookies now have dedicated loyalty plans for high stakes players, and it can be a great idea to familiarise yourself with how these work before you begin betting.
While each site differs, most bookies will operate what’s known as a multi-tier loyalty program. What this means, is that essentially, the more you wager (bet) at the site, the better your rewards will be. For example, take Coral – a popular and well-known bookmaker. Their loyalty program is constructed using four different tiers; Bronze, Silver, Gold and Platinum. The first three tiers can all be reached by depositing certain amounts of money. The Platinum tier, however, which is what you’d likely fall into when you begin placing high stakes bet, is invite-only. However, once you’re in, you’ll benefit from a huge number of perks.
So, in Coral’s case again, being a Platinum VIP allows you access to exclusive bonuses and promotions, giveaways, and a dedicated VIP manager. You’ll also typically have your withdrawals process much faster – and some VIPs have theirs paid out instantly!
High Stakes Football Betting
If it’s football betting you’re looking to go ‘high stakes’ on, then you’ll be pleased to know that this is – by far – the most accessible betting market for high rollers. Almost all bookies will have maximum bet amounts. For some markets – MMA, Politics, and ‘Specials’ for example, the maximum bet can often be relatively low – sometimes as low as a few hundred dollars.
Football on the other hand is a market where bookies are happy for you to bet extremely large amounts of money. This is usually down to the fact that their traders typically specialize in football betting – meaning they can price up the markets and selections a lot more accurately than with other sports. It all comes down to liability – the amount of money that a bookie is risking by taking your bets. With football, bookies receive far more bets than on other more niche markets, and this ensures that there’s more money in the ‘kitty’ if you like, to then pay out.
Remember, all the sites we’ve listed on this page are specifically geared towards high staking punters. Their betting limits on football (and most other betting markets) will be much higher than many sites – and most of them have very decent VIP and loyalty programs too.
Take a look at the list we’ve compiled above, and if you see a site that you like the look of, it’s just a one-click process to get to their site. From there, all you need to do is create an account, and from there, you’re ready to go ahead and make your first deposit.
- Do any bookies accept high stakes?
Yes! You’ll find a number of high stakes online sports betting websites, and you’ll be pleased to know that some of the biggest sites are prepared to take bets well into the 5 and even 6-figures!
- How can I deposit at a high stakes betting site?
The short answer is… just like you would anywhere else. The only problems you may run into is when you’re making very large deposits. In some cases, the bookies may ‘block’ these deposits from going through, until they’ve spoken to you. In virtually all cases, however, as long as you can prove you’re the account holder for the payment method you’re trying to use, you won’t run into any problems.
- How do I find the best high stakes betting sites?
You don’t need to look anywhere but this page! At the top of this post, we’ve created a list showing you the world’s top-rated online bookies. All the bookmakers we list accept high stakes players – and you’ll find yourself able to deposit, bet and withdraw large sums of cash at any of the sites listed. If you find a site you like the look of, all you need to do is join through our link, make a deposit and begin placing bets!