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Whale Gamblers – Lots Of Money Or Lack Of Self Control?

For those of us with regular jobs, it can be fascinating to watch whale gamblers at the casino tables. Spending huge sums of cash in the blink of an eye, without care. In most cases, they end up losing yet still leave the casino looking happy. In truth, many are not using the money they have earned themselves. This makes throwing money away easier. Nevertheless, it's certainly an entertaining spectacle watching a bad player lose so heavily. On the whole, these are just sad and lonely show-offs

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Whale Gamblers

For many mere mortals, part of the glamour and excitement of the land-based casino is watching other people spend copious amounts of money on gambling games. These types of players are often referred to as either “high rollers” or “whale gamblers.” Many people think these are the same. But the truth is there’s a difference between these two. Simply put, the whale player often has no idea either how or when he should stop. Today at Jackpotfinder.com we thought we would take a look into the personality and character traits that make up whale gamblers.

Gambling Whale Games

A quick Google search online will reveal many definitions of the gambling whale. The simplest is probably the best, that whale gamblers consistently bet large amounts of money. Keep your mind that every high roller is not necessarily going to be a whale player. In some ways, it’s a given that if you’re going to be spending large sums of cash. So you’re going to be looking for high stakes games. These are the games that draw a huge amount of attention from onlookers. They are fascinated to see the monstrous sums of money being wagered.

Essential Features Of Whale Gamblers

Of course, it’s hard for many spectators to believe that anyone can spend over half a million dollars in the space of just a few hours. And then get up, leave a tip and happily exit the casino. After seeing the huge sums of money being lost to the casino, it’s easy to imagine that most of the money a casino makes comes from its table games. But this isn’t necessarily true. A typical casino in Las Vegas or Macau makes a bigger percentage of its income from the jackpot slots. That’s because these games require no skills whatsoever and are therefore much more popular.

If you happen to be standing at a gaming table and notice a whale player then you’ll see that they are completely different from other gamblers. On the whole, they are huge show-offs. That’s why they only go to land-based casinos to win the jackpot, where they are sure to have a crowd around them. Below we’ve made a quick summary of the main traits that you’ll see in this type of player.

Casinos – High roller casino tables, tournaments, VIP games

Games – Roulette, Baccarat, Poker, Blackjack, Slots, Craps

Skills – Game knowledge, practical experience, and massive bankroll

Strategy – Huge bets that blow off other players from the game or can “break the bank”

Cash Flow – Gambling whales are extremely wealthy people

Bets/Wagers – Maximum possible bets, side wagers Attitude Often loud and obnoxious. Macho show-offs in desperate need of validation

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A Gambling Obsession

Though we haven’t included the trait of obsession in the table, you can be sure that it’s an important driving force. Most high roller players are able to keep their betting under control. But with whale gamblers, it’s very easy for things to become muddled. As a result, they allow their obsession with gambling to take over. For example, the legendary whale Ramon DeSage. He was one of the biggest gamblers of all time. But he let his obsession take control over his life. In the end, he turned to fraud. Even though he was a well-known whale in Las Vegas. Before he was caught by the US government, it’s estimated that he managed to spend over $175 million in the various casinos situated on the Las Vegas strip.

Whale Gambler Losses

As the old saying goes, “the house always wins.” That means that though the gambler may have some highly publicised huge wins, at the end of the day he is bound to lose. Gambling is an unpredictable activity, to put it mildly. Your winnings can vanish in the blink of an eye. Some whale gamblers, like the casino whale, Kamel Nacif, like to bet at least $200,000 per hand when they’re playing baccarat, blackjack or jackpot poker. As your bankroll is going to be much smaller, then in order to minimise your losses, we made a list of jackpot winning tips and tricks to help improve your game.

Improve Skills & Play Regularly

There’s no point in sitting down at the casino gaming table and starting to bet without understanding the game in front of you. That’s why it’s so important to have an excellent knowledge base of the game. As well as understanding all the strategies. This advice is the same whether you are a whale player, a high roller or a complete novice. If you’re new to casino games then we suggest that you always start with low stakes. Then gradually work your way up as you improve your knowledge.

If you’re playing online at a great casino like 22Bet Casino, then remember that by waging low stakes, you’ll have a chance to remain in play for longer. This means that as your skills develop, you’ll be able to defeat more players and take home more pots. If poker happens to be your flavour, then part of the skill sets you’ll need is to understand the poker tells of other players. You can’t win by simply relying on the cards in your hand.

Whale Gamblers Don’t Know When to Quit

There’s an important point, and maybe one of the most important, if you wish to have any success like those whale gamblers. It’s that you’ll need to know when to step away and quit the game. For people who don’t gamble, this may seem like common sense. And an easy thing to do. But for those who are pro-gamblers and experienced players, it can be incredibly difficult to turn your back on a game. Knowing that the casino always has the house edge, then the only way to hang on to your winnings is to be able to control your emotions. This means having a strong enough backbone. Strong enough to sweep your chips off the table and make your way to the cashier.

There will always be some players and whale gamblers who fall into a trap because they find it impossible to leave. Such is their determination to win at the real casino or win the jackpot online. Even when their losses become insurmountable. This is what problem gambling looks like. One of the most famous examples of this would be Terrence Watanabe. He managed to blow over $220 million dollars in Las Vegas casinos. Simply put, the only reason he stopped gambling was because he ran out of funds.

Know Your Opponent & House Rules

First off, you should remember that for many of the richest whale gamblers in the world, their money didn’t come from the casino. Nevertheless, if you choose to take your whale gambling skills to an online or offline casino, then it’s important that you have great knowledge of psychology. And an understanding of different personality types. You’ll often see professional players, along with casino whales, frequenting tournaments and events. This gives them time to get to know each other. By having a better psychological understanding of how your opposite players operate, you’re able to use this information to increase your jackpot winning chances.

Whale Gamblers Grab Those Casino Comps

As you’re probably well aware, when you first join an online casino, like 22Bet Casino, they will offer you a generous welcome bonus. Land-based casinos are no different in that they wish to encourage players to continue gambling with them. They do this by offering bonuses in the form of what are known as “comps.” Essentially, these are freebies which can be in the form of meals, drinks or even free hotel rooms. It’s a good idea before you start playing at a real brick-and-mortar casino that you sign up for a player’s card. You should then ask the pit boss what the player’s prizes and rewards are. These can include such things as:

Limousine Rides
Free Private Jet Trips
Luxurious Suites & Villas
Extend Credit & Rebates
Casino Host
Comps & Perks

Keep in mind that these comps are all paid for from the gambler’s losses. In many ways, it’s a psychological bait and switch from the casino. Many gamblers forget that they are actually paying for these perks. That’s because most gamblers are blinkered and only tend to focus on winning. Funnily enough, there are no women whale gamblers. In some ways, we can’t help but feel that whale gambling is really nothing more than a macho display by rich but lonely losers. Socially awkward types who need to show off as they have zero social skills.