High Stakes Sports Betting Sites
In the world of sports betting, there are your regular bets that most folks make, and then there are large wagers coming from people betting sums of $10,000 or more at a time. We've crafted this page for the latter of those sports bettors that are betting high stakes of cash on their sports wagers. If you're already a high stakes bettor, then this page can help you elevate your high stakes game. For the rest of you, this page can assist you with understanding what you can expect if you're able to raise your stakes to a higher level down the road.
In our guide to high stakes betting sites, we'll be filling you in on all of the details that you'll need to know. Below, we'll bring you our suggested sites, talk about what you should look for in these sites, provide frequently asked questions, and much more. By the time you finish reviewing this page, you'll leave much more well-versed on the topic. Now, let's get into the good stuff!
If you already know that you need a high stakes betting site based on the size of your bankroll and bets, then this section is for you. We're here to help you locate your high stakes sports betting website home so that you can place all of your wagers from the convenience of your phone or computer. We've gathered up the absolute best of the best high stakes betting websites in the chart below. If you're ready to get started right this moment, you can get the ball rolling with any one of these quality operations.
|Rank||Betting Site||Sign Up Bonus||Get Started|
|#1||Betway||100% up to €30||Go site Casino|
|#2||Spin Palace||100% up to €200||Go site Casino|
|#3||888sport||100% up to €100||Go site Casino|
We've done the research and handpicked these sites so that you can save yourself the time. Every one of these suggested sites has high betting limits available, excellent customer service, and are very trustworthy. In addition, they also offer their clients large deposit and withdrawal limits. In short, these are the perfect sites for anyone looking to wager high stakes.
One thing that we should point out is that we're completely independent of these suggested websites. These sites earned their place on our list by being trustworthy websites that are the cream of the crop. We never let websites pay us to receive excellent rankings or reviews. Here, what you see is what you get since we're able to give you our honest thoughts and feelings.
For those of you not quite ready to sign up yet with a high stakes sports betting site, we've got plenty more just for you. If you're looking to gain a better understanding of these sites, keep reading below. You'll find tons of great information to help you understand if these high-stakes betting websites might be a good fit for you and your sports betting needs.
What Makes a Sports Bet High Stakes?
There is no set standard definition of what makes a high stakes sports bet. That being said, most folks often refer to a high stakes wager as one that is five figures or more. In that case, that means that a high stakes wager would involve at least $10,000 or more.
However, $10,000 is the low end of high stakes wagers. Many high stakes bettors make six-figure wagers on a regular basis, which means that they're betting over $100,000 on a single wager. Even more extreme, it's not uncommon to hear about an occasional seven-figure (over $1,000,000) wager on major sporting events like the Super Bowl or a significant boxing match.
If you're like the majority of the population, your typical sports wager isn't even close to what most people would define as high stakes. If you're not there at this time, you'll at least be better informed of what is required if you'd like to eventually work your way up to being a high stakes sports bettor.
What to Look for in a High Stakes Betting Website
If you're planning to do your own search for a high stakes sports betting site, we'd got some things that we suggest you look for in your quest. When seeking your high stakes betting home, you'll want to check as many of the following boxes as possible. By doing this, you'll be more likely to find yourself a top-notch website that's going to provide you with an excellent experience. Don't forget that if you don't want to do your own research, you can quickly get going now with one of our suggested sites at the top of this page.
First and foremost, you'll want to find yourself a betting site that can be trusted. This is important anytime that you're betting with real money. However, it's even more critical for folks looking to wager big dollars with high-stakes wagers.
There are several different ways for you to go about locating a trusted site. For one, you can turn to any friends of yours that are currently doing their sports betting online. Some of them might highly recommend the websites that they wager on. Another route is to use Google to locate sites like ours that help give you honest feedback about these online sportsbooks. Finally, you can check out other general blogs out there to see what kind of reputation the website has. Ultimately, you only want to place your funds on sites that have quality reputations when it comes to trustworthiness.
Next up, you need to find one of these websites that gives you the ability to bank in one of your preferred methods. The reason that this is important is that you'll have to utilize these banking options to get your money onto and off of the websites. You will find that banking methods do vary between sites.
Often, websites will offer a variety of banking methods for you to select from. Typically, we see banking options such as bank wire, Bitcoin, and credit cards. If you prefer to bank in Bitcoin, then seek an online sportsbook that lets you deposit and withdraw using Bitcoin. With so many different online sportsbooks out there, you should be able to locate one with high-stakes limits that also has your preferred banking options.
While you're investigating deposit banking methods, also pay attention to the deposit limits offered by any high stakes site that you're considering. The goal here is to locate a site that has deposit limits high enough for your betting needs. If you're planning to wager big bets, you'll have a tough time doing that if you can only load a couple of hundred dollars at a time.
Often, the amount that you can deposit depends on the banking method that you select. If the published deposit limit is too low for you, then we'd suggest that you reach out to their customer service team. In many cases, these sites will manually increase deposit limits for clients on a case-by-case basis. It never hurts to ask, so give it a shot if you're looking to deposit more than what the website says you can.
While this one should seem obvious, we figured that we'd still state it here just to make sure that you don't accidentally overlook this one. For those of you looking to place high stakes wagers, you'll need to end up on a sports betting website that allows you to place those large sports bets. Unfortunately, many of the online sportsbooks out there have lower maximum betting limits, which is why you'll need to search specifically for ones with higher limits.
If you find a site that you really like, but their betting limits seem too low for your needs, you can always contact them to see if they'll work with you to increase the betting limit. We've heard plenty of success stories from readers that have been able to have their betting limits increased after working with the support team on different sites. In many cases, if you're willing to deposit large amounts or if you're a VIP for their site, they'll help you get your betting limits up from the standard website default.
Another important thing to investigate is the payout limit on any sportsbook that you're considering. While this isn't ever a concern for your typical sports bettor, it does come into play for high stakes bettors. We wanted to make sure to cover this one, as some high stakes folks are not even aware of the implications of payout limits.
It's important to understand that there is a critical difference between the maximum bet limit and the maximum payout limit. The bet limit is how much you're allowed to wager on a single bet. It's not uncommon to see maximum bets of $10,000 or more on some online sportsbooks. In contrast, the maximum payout is the most significant amount that a sportsbook will pay out on a single bet.
To help illustrate this a bit better;
Let's say that you place a $10,000 wager on an underdog for the Kentucky Derby race with 12:1 odds. If you end up picking the winning horse, you're expecting a payout of $120,000, right?
Well, maybe. In many cases, these online sportsbooks have single bet payout limits ranging between $50,000 and $100,000. Unfortunately, no matter how much you think you should make, you'll be capped by the maximum payout limit of the site. This is why you'll want to find yourself a high stakes betting site that gives you the highest possible payout limits.
Ultimately, there is no point in you making certain bets if the payout limits will stop you from getting the most money possible. By doing this, you're only increasing your risk while the casino limits theirs. To combat this, you may need to split your wagers up between two different online sportsbooks to get yourself the largest potential payout.
Along with being able to move large sums of cash onto the site, you'll also need the ability to move large amounts of money off of the website. Here, you'll want to check out the withdrawal betting limits offered by any site that you're investigating. Your goal should be to locate one that gives you high withdrawal limits so that you can quickly remove large sums of money when needed.
Unfortunately, many online sportsbooks have some pretty limiting withdrawal limits. For most of the Average Joes out there betting ordinary sums, it doesn't really impact them. But if you're wagering higher stakes, it can put a dent in your plans. In some cases, we see websites that only allow their clients to withdraw a maximum of $1,000 a week. On top of that, it can just be done in increments of $500 at a time. In short, it's a complete pain, and it's a waste of time.
If the posted limits on the website are too low for your needs, you can always contact their team to see if they'd be willing to work with you. We've definitely seen plenty of times where websites have adjusted things for higher stakes clients in an attempt to help keep them betting on their website.
Up until this point, we've covered lots of things about the policies and settings specific to high-stakes sports betting sites. However, we also wanted to make sure that we included a handful of basics that apply no matter if you're betting high stakes or not. Up first, we wanted to discuss the competitiveness of betting lines briefly.
Before you sign up for a site and deposit large sums to kick off your high stakes betting adventures, take a few moments to make sure that the site offers you lines that are competitive. Since you'll be betting massive sums of cash, it's essential that you squeeze every drop of potential profit out of the sportsbooks to help you increase your bottom line.
Based on our experience, many online sportsbooks tend to average out all around the same for the most part. However, we'll occasionally come across some with better odds than other websites. You'll want to find this type of sportsbook in your search. It's easy to compare lines between different websites by merely picking a few wagers and then shopping them at various sites. If one website tends to have worse lines than the others, take that one off of your list of potential sites.
Something else to shop around for is a high stakes sports betting site that offers some great bonuses and promotions. Once again, you have a ton to gain here thanks to the large number of dollars that you'll be betting. If you work with the right online sportsbook, you could earn thousands of dollars in free bonus cash over your time betting there.
Due to the super competitiveness of the online sportsbook world, websites use these welcome bonuses as a way to stand out from one another. Most often, these bonuses are structured as dollar-for-dollar matches based on your initial deposit. It's not uncommon to find sites willing to match upwards of $5,000 just on the welcome deposit alone!
Another way for you to pick up some bonus cash is through reload deposits. Whenever you need to top off or reload your betting account, many of these websites will offer you another deposit match on your reloads. This is another way that you could earn several thousands of dollars for your betting account.
As you shop around for your online sports betting home, make sure to investigate their bonus options. Your goal should be to locate the site that gives you the most significant bonus cash potential so that you can make as much as possible while doing your sports betting.
Finally, the last thing that you should seek in your sports betting website is quality customer service. This is something that many folks mistakenly overlook before they get the ball rolling with a site. However, we caution you not to rush into things until you get a feel for how well they take care of their customers.
In the beginning part of working with a new online sportsbook, you often don't need to interact too much with the site's customer service unless you have a question pop up. That being said, quality customer service really comes in clutch down the road if you ever have a more substantial issue arise. By finding a site with excellent customer service now, you're ensuring yourself that you'll be in good hands when you need it later.
The best and fastest way to judge a website's customer service is to try it for yourself. It's as simple as calling, emailing, or live chatting with their team. Once you reach them, see how quickly they connect with you and how good their answers are to your questions or concerns. Ultimately, these are the folks that will be helping you down the road if you have a problem, so you'll want to flush out now if they are offering you quality service or not. If you're not sure what to ask, you can ask them about deposit methods, bonus options, or their games offered.
How to Set Up a High Stakes Sports Betting Account
If you don't yet have a high stakes sports betting account, we've developed a simple how-to guide to help you get things rolling as soon as possible. The tips below have been gathered from some of most prominent sports bettors that we are connected with.
As you've seen above, we're huge fans of you doing some research before you sign up and deposit on a sports betting site. If you have not checked out our detailed section above on what to look for, be sure to circle back and read that, as it's got all of the details that you need to find your perfect online sports betting home.
Next up, you'll want to call your bank to let them know that you'll be making some deposits onto your website of choice. By doing this, you'll avoid the possibility of your bank holding things up due to concerns relating to potential account fraud, especially since you will be using high dollar amounts. Giving them this simple heads-up should save you some time and headache.
Before you make your initial deposit on the site, we'd suggest that you give their support team a call to set the terms of your account. Your goal with this call should be to establish your deposit, payout, bet, and withdrawal limits. In many cases, if you're prepared to make a significant deposit, anything is up for discussion. By getting this out of the way upfront, you'll ensure that you don't hit any limits or snags later on.
While you're on the call with them setting the terms of your account, you'll also want to work with their team to establish your VIP status on their website. Often, those players coming in with massive deposits can work their way immediately into the higher tiers of VIP status. The higher up you get in VIP tiers, the more perks such as cash back and insurance you will receive.
Finally, the last thing that you'll want to do is make sure that you establish a direct line of communication with the website. Your goal here is to get a dedicated phone line to a dedicated account rep. Consider this your own personal betting Bat Phone. What you don't want is to use the primary 800 phone number. With a direct line of communication, you'll receive better service than you would by just calling into the main support line.
The Potential Downside of High Stakes Betting
Before we close things out, we wanted to make sure to briefly touch on the potential downside of high stakes sports betting. While we understand the thrill and excitement that comes along with making five-figure or higher wagers on sporting events, it's also vital that you have a balanced view. As quickly as you can make money from that wager, you can also lose it all.
Betting any form of real money involves risk. Because of this, it's critical that you never bet more than you can afford to lose. If you're tight on cash and you're having a tough time keeping food on the table or making rent, then sports betting should take a back seat. You'll never want to use any form of gambling as a way to try and make ends meet.
If you'd like to learn more about gambling responsibly, you can check out our page dedicated to the topic. This is worth a scan if you're ever worried that you're perhaps getting a little too loose with your betting.
High-stakes betting can be a complete blast if you've got the stomach and the bankroll for it. Hopefully, our detailed guide on high stakes sports betting websites has helped you gather up all of the details that you needed to either get things started or improved. Thanks for reading our guide, and best of luck in all of your further high stakes sports betting adventures!
To help close things out, we've gathered up some frequently asked questions related to high stakes sports betting sites. You can check these out if you've still got some unanswered questions at this point.
Frequently Asked Questions
Unfortunately, this is always a possibility. While we always hate it when we hear of someone's betting limits being reduced, it's the right of the sportsbook to do so since it is their platform and operation. Whenever a sportsbook lowers the limits of a client, they are often working to reduce their exposure of losing big.
If you'd like to avoid having your betting limits reduced, there are a few steps that you can take. First, if you have an account manager, be sure to touch base with them regularly so that they have a relationship with you and know what you're up to. By staying in touch with them, you'll be less likely to have your account limited.
Next, make sure that you're not just betting on obscure sports and wagers. If you're only placing wagers on oddball sports like handball and Gaelic sports, then your account might get flagged as a potential handicapper. Instead, make sure that you're betting on some of the popular sports like football and basketball along with any other sports of your choice.
Finally, we'd suggest that you bet in whole figures such as $750 as opposed to ones like $746.19. Specific wagers like this tend to flag bettors as potential handicappers looking to hedge their bets.
Luckily, the vast majority of online sportsbooks out there are safe places for you to do your sports betting. That being said, there are some websites out there that are not trustworthy and therefore should be avoided. To help you avoid some of these potential problem casinos, we've developed a blacklist page. Each of these sites has a track record of untrustworthiness that makes them qualify for the naughty list.
While we do our best to update that as often as possible, our blacklist might not be all-encompassing since new online sportsbooks pop up regularly. If you're considering a new online sportsbook, we'd urge you to do some research on the site before you deposit any funds onto the website. Often, just a short amount of time reviewing things on trusted websites like ours can aid you in determining if the site that you're considering is legit or not. Also, don't forget that we've included a list of our hand-picked best sites for high-stakes sports betting at the top of this page. You can trust any one of these sites to become your high stakes betting home.
Unfortunately, we can't predict this with 100% certainty. The reason for this is that every online sportsbook has different criteria when it comes to who makes the cut for their VIP list. In many cases, the details are not even published, which makes it even harder for us to give you an absolute answer.
What we can tell you is that in many cases, high stakes bettors are often quickly swept into a site's VIP program if one exists. If you're spending large amounts of cash doing sports betting on their website, they should want to take the best care of you possible. Also, if you've been betting on a website for a while and they have not ushered you into their VIP program, try contacting their team. Ultimately, if a site isn't willing to offer you VIP membership, another online sportsbook most likely will if you're spending a large chunk of money on sports wagers.