Highrollers - Where does their money come from?

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Originally Posted by Fred Flintstone

Organized crime. The recent investigations into Crown and Star casinos indicate that the Chinese high rollers were flown in to wash proceeds from the drug trade.

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Agreed...I worked in the casino industry for many years..probably about 70 to 80% of the high rollers are/ or have been involved in some sort of criminal behaviour.

Contracting on a daily rate plus super is pretty good for skills like SQL, SAS, Pega, Python, Alteryx or PowerBI.

Daily rates of $850 to $1,200 before tax are quite common for up to 6 month terms.

The real trick is trying to reduce your tax.

Sent from my GM1910 using Tapatalk

High roller is a broad term. A worker / employee will never be a high roller no matter how successful you are at climbing the ladder, even if you make it to the C-Suite (generally speaking in Australia). Most will require some form of venture i.e. starting a business and selling it, doing property development etc, and preserving/growing wealth from those exits via investments.

For better or worse, Australia is less flamboyant with its "high rollers" because we're a nation with tall poppy syndrome, and people are encouraged to fit in. Means there's less ultra wealthy people (as a proportion of total population), but we also have better overall living standards for all. This culture doesn't exist in Asia and America which are much more capitalist.

I started with nothing and I've got half of it left!

Whenever I find myself comparing to others, I tell myself there's someone out there that started off with less, or in a more disadvantaged position and still made it. It helps me be more positive when I look at the situation like that.

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Originally Posted by iFruitz

I have been wondering lately, how do highrollers have so much money to spend on women? Do they come from rich family with generational wealth? Are they self-made man working hard in early years and reaping rewards later in life? Did they bet their life savings on black and win? I really envy those rich men... Also, another trend is that from what I have seen, so many highrollers are Singaporean? I think this one is because of generational wealth being passed down for sure.

On a side note, what ever happened to working hard to become successful in life when some lucky buggers get passed down the big bucks :(

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I'm not too sure if I'm a high roller but I do earn enough to punt at least twice a week (average $300/punt) while still being able to pay for living expenses and have some surplus for monthly savings.

There was a point where I got a little addicted that I punted 3-4 times a week, then I felt I had enough so I went back to punting twice a week. During that period I didn't break the bank because I was getting higher returns from investment - there will come a time when you suddenly have so much money that you want to live out your sexual fantasies with it.

Financial wise I have a higher than average paying job + investments, emergency savings that can last me 6 months without a job and all debts paid off. Took me 6 years to get to this point, and during those 6 years I was only able to afford $150 shops once or twice a month.

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Originally Posted by StartedAgain

Bro life is all luck, like abro said before you either luck out by being born rich or you create your own lucky through your own efforts.
Your skills and level of competency has a price tag, the better you are the higher the price.

Sum it up, high rollers create their own lucky, they understand how the world works and understand energy (or some form of the laws of energy and laws of attraction.)

Highrollers all have different methods of making money, but they all understand and are ground in principles that date back to start of civilisation.

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Luck as in karma?

Time to burn some Joss sticks and start praying to the god of wealth!