Since the US Federal Government legalized sports betting, the US has established one of the best markets for bettors in the world. Each year sees a handful of new states legalizing sports betting, adding to what is already a hugely profitable and booming market. The best US sportsbooks cater to the needs of all bettors, right from low budget newcomers to the betting sharks who stake large sums of money on their wagers.
Here, we will look at all the top platforms for high roller US bettors, and see what additional perks and luxuries they offer to enhance the betting experience. Any bettor who brings big money to the table should expect special treatment – which can come in the form of bigger and personalized bonuses, smooth banking, and vast betting options.
Best US High Stakes Sportsbooks
When tasked with shortlisting the top high stakes US betting sites, we only considered the sportsbooks that go above and beyond in their service. If you went into a casino on the Vegas Strip with big money, you would have your own private gaming area, can request to change the limits at any table, and even have personal concierges to cater to your every need. We wanted to find the sportsbooks that roll out the red carpet to high rollers.
| High Stakes Sportsbook USA | ||||
|---|---|---|---|---|
| Sportsbook | DraftKings Sportsbook | Caesars Sportsbook | BetMGM Sportsbook | FanDuel Sportsbook |
| Max Payout | $1,000,000 NFL/NBA/MLB $500,000 Soccer $250,000 Golf/Hockey $150,000 Tennis $100,000 Fighting | $1,000,000 | Varies | $1,000,000 |
| Banking Options | Debit cards, American Express, PayPal, Venmo, Apple Pay, Play+, Trustly, Gift Cards, Online Banking, Cash @ Cage, VIP Preferred | Debit cards, Discover, PayPal, Venmo, Apple Pay, PayNearMe, Play+, Trustly, Online Banking, VIP Preferred | Debit cards, PayPal, Venmo, Apple Pay, Play+, Online Banking, VIP Preferred | Debit Cards, Apple Pay, PayPal, Venmo, Trustly, Online Banking |
| Loyalty Program | Dynasty Rewards | Caesars Rewards | MGM Rewards | None |
| Key Features | Props, Parlay Betting, Social Tools, Recurring Bonuses | NFL Partner, Sports Coverage, Excellent Rewards | Frequent Sports Bonuses, Advanced Parlays, Multifaceted Rewards | Social Features, Intuitive Interface, Extensive Props |
| Welcome Offer | Spend $5 Get $150 | 10x Double Profit Boosts | Up To $1,500 Back In Bonus Bets | Get Up to $350 in Bet Resets |
#1. DraftKings Sportsbook
One of the best choices for high rollers, DraftKings Sportsbook provides an elite range of betting props and player bets. The DraftKings parlay options are exceptional, with endless possibilities to mix up your selections into multiple leg parlays, SGPs, SGPx bets, teasers and round robins. The sportsbook has lots of banking options, giving you greater flexibility when managing your finances. The maximum you can withdraw is an outstanding $100k through online banking, Trustly payments, VIP e-checks, or even through Cash @ Cage payments, a convenience you don’t really get anywhere else.
The maximum payouts for the top US sports leagues, NFL, NBA and MLB are capped at $1 million, and soccer bettors can max out their bets at $500k. DraftKings Rewards is a 5-tier program that high rollers can climb quite quickly. Crown Boosts, Rollover Tier Credits and Tier Credit Milestone Awards are offered, and at the higher status levels, high rollers will receive access to exclusive tournaments and promotions. They also receive priority customer support and may get a call-up to the premium DraftKings VIP club.
#2. Caesars Sportsbook
For high stakes betting, it does not get much better than Caesars Sportsbook. This sportsbook allows you to go up to $3 million on your wagers. If you want to go higher, you can always put in a request to push up your potential payouts, this is really the best platform for betting big. Caesars is the official sponsor of the NFL, and as such, it has an extensive selection of NFL props and even NFL live streams. The sportsbook covers a wide range of US major sports and international tournaments, and through its regular enhanced odds, profit boosts and bonus bet offers, it really lets you max out your betting potential.
The loyalty program is an intriguing one, as it spreads far beyond sports betting. The Caesars Rewards Club has a wide range of perks, tying the online sportsbook to the casino resorts and all affiliated services. You can receive discounts on hotel stays, complimentary meals at affiliated restaurants, tickets to special events and loads more. At the higher levels, you get significant reductions on Norwegian Cruise Line Vacations and complimentary stays to some of Caesars’ most primed resorts. Sports bettors get bonus bets, birthday bets and can redeem Tier Credits for more bonus cash. But you can claim points by booking a stay at a Caesars resort, dining at an affiliated restaurant or shopping at a Caesars-associated retailer.
#3. BetMGM Sportsbook
BetMGM Sportsbook has great sports coverage and provides lots of thought-provoking props bets that you can combine into parlays and SGPs. Fans of parlays will be keen to know that BetMGM parlay feature is one of the best at any US sportsbook and if you are looking to bet big on your paarlay, BetMGM has you covered. It provides promotions on a very regular basis – more often than most of its competitors. These include Early Payouts, SGP boosts, No Sweat parlay insurances, profit boost tokens and bonus bets. High rollers will find no difficulty in maxing out the offers at BetMGM, and they can use the large bonuses to extend their bankroll.
Through its numerous banking options and bespoke customer support, high rollers can join BetMGM and bet for colossal payouts with ease. The only thing to note is that the sportsbook sets the maximum payout limits for each of its users, but if you are spending big money, it can easily set a similar level to the competition.
The BetMGM Rewards program is similar to Caesars, in that it ties hotel stays, transportation benefits, and exclusive access with its sports betting bundles. The loyalty program has 5 tiers, and as you climb up your bonuses will enhance accordingly. Sports bettors will also receive birthday bonuses, an annual 1st win gift, bonuses on points earned and access to premium support – at the higher tiers. If you reach the upper echelons of the program, you get expedited window service and access to dedicated VIP Hosts for BetMGM, among premium access to shows, the MGM VIP lounges, and Priority Access to premium amenities.
#4. FanDuel Sportsbook
You can win up to $1 million at FanDuel Sportsbook on a single bet, and there are tons of sports betting markets to fuel your wagers. FanDuel has an intuitive interface and gives bettors the tools they need to form intricate and bespoke FanDuel parlays. The sportsbook regularly gifts bonuses to its users, including no sweat bets, profit boosts, and more. FanDuel even has player contests that don’t require any money to enter – and can win tremendous prizes to extend your high stakes bankroll.
It also provides exclusive shows on FanDuel TV+ and shows you what bets are hot, and allows you to share your bets with your friends. This is not just a sportsbook that takes your bets, but it can also equip you with the tools to bet like a pro, with social tools and shows to get you in the game and make informed wagers. It would rank a lot higher for its multifaceted sports betting experience, but FanDuel does not really have a proper loyalty rewards system – something we felt is quite sorely missed for high rollers.
What Benefits High Rollers Can Get
At a base level, you will have no problems maxing out sign on bonuses and using any regular promotions to extend your bankroll considerably. Parlay boosts, enhanced odds and parlay insurance offers hit all the harder when you are playing with big money. That is only the tip of the iceberg as far as high stakes bettors are concerned.
Personalized Offers and Bigger Bonuses
Sportsbooks love high stakes bettors, and will go above and beyond to win your loyalty. Through refer a friend offers, rewards programs and multi-tier loyalty clubs, they can give big spending users more benefits and custom offers. This can include monthly bonuses and birthday bonuses at the lower levels, up to personalized offers at the top tiers. If you come in spending big and betting hard, you will climb up these loyalty tiers in no time, unlocking bigger and better promotional offers. They don’t want to lose your business and therefore will look for creative ways to reward your spending.
Premium Customer Support
All the sportsbooks above have multiple customer support channels, but as a high roller, that service is upgraded. You may even get a personalized betting host, who is there to care for your every need. They will learn your betting preferences and what you want from your sports betting experience. This is basically like your private concierge at a land-based casino. If you want to request a custom bet, make modifications to your received bonuses, or anything else, they will try to work it out for you.
Efficient Payment Management
Handling big sums of money generally takes longer in any facet of life. Top sportsbooks give you a plethora of banking options to handle your high stakes. Normally, the processing times on larger deposits and withdrawal requests may take longer than the 24 hour time period. Once the sportsbook recognizes a high roller, they will cut down those payment processing times and ensure that your payouts travels faster.
If you have climbed up to the higher echelons of the loyalty programs, you may even receive personalized account managers who help you work out payments and payouts. Sportsbooks such as BetMGM and Caesars can easily raise your limits and give you the option to withdraw hundreds of thousands on request.
Additional Luxuries and Perks
The rewards can get pretty creative when you are an established high roller at a sportsbook. They will want to make your betting experience feel second to none, giving you the full regal treatment. At sportsbooks that are affiliated with Casino Resorts, such as BetMGM and Caesars, those perks spread out to the resorts and associated retail brands. DraftKings and FanDuel may not have links to the world of hospitality and entertainment. But they can work their magic to get you luxuries such as tickets to big sports events, access to elite tournaments, and shower you with gifts to make it worth your while.
Not Good Enough? Switch Over
VIP status is not something that you have to wait around for at any trustworthy sportsbook. If you are a high roller and intend to spend lots of money, you can request to be upgraded to a VIP, and most operators would be happy to assess your situation. If the VIP treatment at your chosen sportsbook is not satisfactory, you can always swap sportsbooks. And you won’t need to climb up from the beginning in most cases either.
You can transfer your VIP status from one sportsbook to the other. The operators will need to learn your motivations and assess your request carefully. But if you really want to take your business to another reputable sportsbook, then in most cases this is a simple formality. You shouldn’t abuse their trust and have VIP statuses at multiple sportsbooks unless you are willing to spend big sums of money at each.
How to Manage Your Big Bankroll
On top of finding ways to transfer huge sums of money, we haven’t really spoken about an important facet of high stakes betting. Namely, the IRS. Sports betting is taxed in the US, and everyone who gambles money at licensed online sportsbooks needs to pay their share on their winnings. There is a Federal Tax flat rate of 24%, on top of which you have to pay state taxes (if applicable). You can use a gambling tax calculator to work out approximately how much you need to pay, but always consult with a financial specialist as well to finalize the details.
Taxes do not only extend to your winnings, you can also deduct taxes from your losses, but only losses up to the amount that you won. You can’t just lose $100,000 and deduct it all unless you have also pocketed $100,000.
As a high roller and VIP at a sportsbook, you may get a personalized financial advisor. They can help work out the best way to withdraw your money, for tax purposes. In some cases, annuity payments can be requested – in which you work out a payment plan with your sportsbook. Your options are rife as a high-stakes bettor, and with the premium financial management services, you can rest assured that the sportsbook will find the best option to meet your needs.
States Where Sports Betting Is Not Yet Legal
Unfortunately, if your state does not have legal sports betting yet, then you cannot place real money wagers on sports. This does not mean you are completely devoid of options. You can instead sign up for a social sportsbook and play sports predictor games without spending any money at all. Social sports betting apps use virtual currencies, so you will not be betting for real money. You can always spend real money to top up your virtual currency balance at the social sportsbooks, should you need more credits to stake your predictions.
These social sportsbooks can be more sports betting oriented, in which they are more similar to conventional sportsbooks. Pick a sports event, collect your bets, and then make straight wagers or parlay bets. Or, social betting apps can be more similar to daily fantasy sports. By which we mean that they will have a number of predictor games that you can enter. In both cases, you will find exceptional player contests, weekly leaderboards and chances to win prizes with real monetary value.
Here are the best platforms for social betting, and you can check out our reviews on them to find an in depth analysis of what each has to offer.
