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Wealth and wealthy people in the UAE
The UAE’s population is made up of about 2 million native Emiratis, and around 8
million ex-patriots from around the world that work and live in the country. As
such, the metrics used for measuring wealth in the UAE can be greatly skewed. Many
of the 8 million ex-patriots are highly-paid professionals lured from western nations
with the high salaries and a zero income tax rate. However, there are many more
ex-patriot workers from South Asia, East Asia and Africa that make up the working
class or servant-class. Salaries in this group tend to be very low. While the compensation
may be better than what would be available in their native countries, the sheer number
of people that earn a relatively little money can really bring these overall metrics
down to lower figures. The reality is that the native Emiratis and the ex-patriot
professional class are one of the wealthiest population sets in the world. Even
when we view the metrics that are skewed lower, the UAE ranks as one of the wealthier
countries in the world with an average annual income ranked #26 at nearly $41,000
USD. The strength in wealth of the upper class within the UAE is demonstrated by
their standing in the 2018 MGM Research report on global millionaire populations
that we use here as a point of reference for wealth. There, you can see that the
UAE had nearly 54,000 millionaires, or people with at least one million USD in net
worth. The UAE thus has 0.3 percent of the millionaire population, despite the population
of UAE citizens is just 0.0002% of world’s population. By these numbers, one in
every 37 Emirati is a millionaire. These numbers are astounding.
About Emirati high-limit sports betting providers:
There are three important considerations when looking to bet seriously large stakes
from the United Arab Emirates. First, the company needs to accept your registration.
This sounds obvious, but many top brands do not serve GCC nations like the UAE.
In our list above, you can have confidence that all displayed providers will accept
players from the UAE. Second, you’ll want to know that they can support very high
win limits or high stake limits, so they can match your financial clout. The above
eight sites are about as good as it gets. The last but important issue is how Emirati
high-rollers can make significant banking transactions at these bookmakers. We outline
this issue in its own section below. If for some reason you feel that your questions
about online sports betting within the Emirates have not been appropriately addressed,
you may wish to find more information about UAE betting sites and all other related
issues within the country.
Making large payments for VIP online betting from the UAE:
From the UAE, bank wire transfers allow for the single transactions with the highest
value. At other sites, the transaction value for a bank transfer can also be very
high often exceeding 100,000 Euros or equivalent value in another currency. Although
this method allows for transfers of the most significant value, it might not be the
most convenient method for wealthy bettors in the UAE that might place a heavy premium
on their time. Credit cards and debit cards, are of course very convenient and tend
to have maximum transaction values around the 40,000 Euro level or around 50,000
USD. E-wallets which are widely used for gambling and sports betting purposes like
MuchBetter and EcoPayz can offer transactions that are similar in size to credit
cards. (Skrill, Neteller and PayPal are not available for use with any betting sites
from the UAE). Paysafecard is a popular way to fund for sportsbook accounts from
the UAE, but the limits are very low. You would need to buy many paysafecards and
use them in combination to have them sum up to a significant amount for your purposes
as a VIP.
Which of the above high stakes online sportsbooks for the UAE offer an early cash
out feature:
The positive news is that all of the above betting sites support some manner of early
bet cash out functionality in their service so that customers in the UAE may secure
winnings or preserve stake money before an event has reached its natural end.
Do these companies provide any other kinds of online gambling to players in the Emirates?
Yes. Most of the above companies offer a complete array of real money online gambling
categories in addition to their online sportsbook, through the same account and login
profile. Within these gaming categories, there are always significantly higher limit
versions of popular casino games. Each of the companies listed above offer access
to both online and live casino games, that include several variations of blackjack,
baccarat, roulette and slots games in addition to their betting services. bet365
also offers a top-rated online poker room. Online poker is a lot tougher to find
together with all these other gaming types as it requires a large base of customers
so that you may always enter a game against real people from around the world at
any time.
UAE sportsbook bonuses for new customers
Most bettors with considerable means in the UAE are not particularly concerned with
whether or not they will get a bonus offer when they sign up and make their first
deposit. Most bonus offers are worth $50 to perhaps $200 for sports and these are
always subject to terms and conditions. Thus, most readers of this site tend to
care about finding the right provider for their overall requirements and preferences.
However, if as part of this overall consideration, you find it important to get
an added bit of value through a new customer offer, we are not here to argue, but
to help. The companies listed below all have offers that are valid for new customers
in the UAE.
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VIP Betting Site
Notes about top level win limits, odds, features & AED accounts
General daily maximum win limit of €100,000 or equivalent. Elegant betting platform.
Excellent early cash out feature & bet builder. USD, EUR, BTC & ETH accounts.
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Top tier football max daily win limit of £500,000 or equal. Football Tier 2 & other
top sports £250,000. Great early cash out feature. Bespoke platform. AED accounts.
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General daily maximum win limit of £100,000 or equivalent. Solid football odds,
excellent platform, robust early cash out feature.
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bet365 have essentially the highest win limits we have ever reviewed. Due to their
wishes, we cannot discuss their actual limits, but they are ranked here for a reason.
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The best high-limit sports betting sites for wealthy people in the UAE: Top online
bookmakers for Emirati VIPs & high-rollers.
High Stakes Sportsbooks by Country
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Top tier football max daily win limit of £500,000 or equivalent. Football Tier 2
& other top sports £100,000. Excellent top-level football odds.