VIP wager
The top players that bet at casino games or on sports betting are called whales because of the amounts that they bet. They then get treated like VIP's at the sports betting shops and at the casinos, especially in Vegas and become VIP wager gamblers. Las Vegas wagering is huge and many visitors that come to Vegas go there to gamble. They gamble in the casinos and they gamble on sports like NFL, NBA, horse racing wagers, motor racing and boxing to name a few.
VIP's getting treated like movie stars in Las Vegas... They get picked up at the airport from the casinos private jet and get chauffeured to their luxury suits especially reserved for the VIP's and other top clientele. All this is free (travel and accommodation) and usually they provide free meals and drinks too. The casinos provide this sort of treatment because they know that the VIP wagering gamblers will spend a fortune at the casinos and make serious Las Vegas wagering bets on sports.
VIP bet options are different in certain casino games where the VIP's get private tables to play at with high limits to suit their bankroll. Almost all the casinos on the Strip offer this service to their VIP's. Casinos like the Bellagio, the MGM Grand, the Luxor and the Caesars Palace to name a few.
Lets go into more detail about what Las Vegas wagering is all about. Sports is huge in America and many followers of teams in the NBA for example like to make a bet or two on their team winning. In all states in America that allow sports betting, the sports books are doing well. Las Vegas is no exception because it is the gambling capital of the world. The most popular sports that gamblers like to bet on are horse racing, boxing, NBA, NFL, MLB, tennis, golf, motor racing and soccer. A bet in USA sports is as common as the sun rising in the morning.
Horse racing is one of the most popular sports that Americans love to bet on, especially the big gamblers... the VIP's. There are various betting options that you can choose from in each race:
WIN
A WIN bet is exactly what it sounds like, where you bet on a specific horse to win the race. If the horse wins, then you win.
PLACE
If you bet on a "PLACE" for a horse, then you are betting that the horse will either finish 1st or 2nd. It pays less that a WIN but you have a better chance.
SHOW
A "SHOW" bet is when you bet on the horse to either finish 1st, 2nd or 3rd. You get three chances of winning but then the money that you win will be less than a WIN and a PLACE.
EXACTA
In this type of bet you are betting on the top 2 finishes. So you have to pick 2 horses where one wins and the other finishes 2nd.
Gambling in Las Vegas can be done online as well with online casinos. They are more convenient and they also offer great sign up bonuses (free cash) to those that gamble with money. Some online casinos allow you to gamble for free before playing for real money. This is a great idea, because if you are not sure about how to play a certain game, then you can try it out before gambling and wagering with your money.
