High rollers and professional players are exclusively drawn to betting sites that offer nothing less than the best playing environment. This does not only mean high odds and an abundance of payment methods, but most importantly, a quality VIP rewards program that caters to your special needs. We will be looking specifically at these top sportsbook vip programs that offer large cash bonuses, lower commissions for high rollers, and higher limits on your bets. All you have to do is spend a couple of minutes to view our detailed guide. If you’ve no time to spare then pick any of our VIP friendly betting sites on the table below and enjoy betting as a high roller.
One of the most annoying practices bookmakers have plagued us with during the past years is poor CRM and financial background checks. Imagine making a £20,000 deposit to make a sure bet on an alleged sharp bookie only to discover that a £200 limit has been placed on your selected market. To top it off, you won’t be able to withdraw your money until you have wagered it at least once on the existing limits, meaning that you might be forced to manually place hundreds of bets.
Or yet worse, see your funds remain frozen on your balance as the payments & compliance department has decided to run an AML audit on your account. We’ve become too familiar with such practices, this is why we are suggesting that you join only the very best VIP friendly bookmakers on our list.
There are various types of VIP perks all depending on which brand you are playing at and how customizable their Customer Relationship Management really is. For instance, you may find that Asian sportsbooks like to offer their high paying players much higher odds in the form of lower overround. European bookies on the other hand show their appreciation by offering special promotions or by allowing higher winning limits.
This is one of the favorite offers for professional punters and lay bettors on Betfair. A good example is the Betfair VIP program (also known as Betfair commission discount) where the more your bet, the lower the Vig you have to pay on all your winning bets. Usually, there is a point system applied, that calculates your total stakes. The more points you manage to gather, the less money you will have to give the exchange every time you win.
More common among Asian bookies once again, high stakes punters will see much larger limits on their allowed stakes and max winnings. This is many times described as a no-limit VIP soccer program in order to attract US high rollers who make their living from betting on football. Some betting sites like Pinnacle and Sbobet employ this VIP customer program practice as a default, as they will not place any limits on your bets or winnings.
Apart from higher bet and winning limits, a quality VIP loyalty program will also allow you to outright withdraw your money without placing payout limits. It is obvious that at some point you have bumped into such restrictions as most soft bookies would rather have you rebet your balance instead of cashing it out. A good VIP scheme will let you receive large amounts of your winnings without placing 24 hour or weekly limits.
Banking fees are an all too common problem among high rollers, especially in North America as they can eat through your profits faster than a British bookie’s commission. A quality VIP program will allow you to complete all your deposits and withdrawals without requiring any added fees.
This is fairly common among Asian bookies. High roller rebates are a cool way of further lowering the commission of a VIP bookie or betting exchange. This is even truer if you are making a living from betting, as you can sometimes get a weekly cashback of 1.5% on your losses, provided that you have reached the premium position on the sportsbook’s rebate ladder. What separates a VIP friendly scheme from a mediocre loyalty program is a steady rebate rate on accumulated stakes, instead of cashbacks on special events.
Apart from rebates, higher limits and bonuses, you want to feel yourself at home when betting on a quality sportsbook. This is why the very best high roller betting sites will dedicate an entire department to make sure that you have the optimal betting experience.
Should you prove yourself as indeed being a high stakes player then the sportsbook will open its doors to the VIP customer program by assigning a VIP manager to you. This is done in order to save you time from having to contact the customer support in case you require some assistance. Most operators will have a Customer Relationship Manager team (CRM) while more high roller friendly brands will focus a VIP manager to selected customers.
Withdrawals require a confirmation by the fraud and payments department before your money is transferred. One of the added perks of being a member of the VIP program is that no background checks are required when it comes to withdrawing and depositing money. In essence, being becoming a VIP means that you will always get your payouts faster.
This is a remnant of the earlier days of online sports betting, when trading software and Big Data was less used among sportsbook traders. Successful punters were frequently offered pre-market odds, sometimes mentioned as VIP boost program, in order to get a better estimate to the wisdom of the crowd when balancing their odds sets. This way they could minimize having a specific result being targeted by sharp bettors and also award better payouts to their VIP players.
We’ve got one word of advice for high rollers. Asian bookies and Betting Exchanges. Trusted Asian operators and betting exchanges like Betfair attract not only high stakes player but even sportsbook traders who are following the market movement and are buying low commission odds to increase their own juice. Pinnacle is a well-known hub for thousands of traders due to their high odds and for being the sharpest bookie worldwide.
What truly separates Asian VIP bookies from let’s say their UK counterparts is that they do not require an exhausting amount of documents such proof of wealth not to mention that British soft bookies will ten times out of ten place limits on a winning account.
Being a high roller means dealing with some serious money. Even if you manage to earn 10% profit on your stakes you will be hit with transaction fees when you split your money among e-wallets. Furthermore, there’s always the case of withdrawing your winnings as cold, hard cash either by using a debit card or by sending your money to a bank.
In order to diminish and even null any banking fees, you can use a popular gaming ewallet like Skrill and Neteller that has its own VIP program. It is split between Bronze, Silver, Gold, Platinum and Diamond where you can get free transfers between wallets, lower foreign exchange conversion rates, a dedicated VIP manager and fixed ATM transaction fees.