Making Money From Casino Offers
- Making Money From Casino Offers Without
- Making Money From Casino Offers Online
- Making Money From Casino Offers Near Me
- Making Money From Casino Offers Free
Select Casino Games with the Best Odds. First and foremost, you should know that not all casino.
A casino bonus is used to describe free money or a reward in the form of money. This bonus is usually given to players when they make a deposit and place money into their casino account. The casino will. Casino games provide to their players an option to play Making Money From Casino Offers free Making Money From Casino Offers play online and play Making Money From Casino Offers free demos of most of the game selections that they provide. Live dealers are the exception as that isn’t possible due to the casino.
How to make money at casino is a common question these days and if you are looking for an answer to this question look no further. It’s very easy to find a good casino site these days, but it’s not that easy to develop a good strategy that can help you minimize risk and maximize profit.
In any case, it is possible to make money at casino, but you just need a good plan and discipline to stick to it. While it’s true that many of the casino games offered there are games of chance, it’s also true that there are good and bad players.
If you are a fan of casino games and you want to join a casino site, then you should spend some time learning more about the best ways to make money at the casino. You can use this article to learn:
- How to play as well-informed players
- How to make the best decisions
- How to avoid unnecessary risks
So, do you want to learn the best ways to make money at the casino? We will highlight a few proven ways that can help you.
1. Select Casino Games with the Best Odds
First and foremost, you should know that not all casino games have equal odds. As a matter of fact, some of them have much better odds than others. For instance, online slot games have some of the worst odds you can find in this industry.
On the other hand, there are a few casino games with excellent odds. First of all, there’s blackjack, a card game with average odds that go below 1%. This is a simple game where you have to defeat the dealer, not other hands and a game that doesn’t require the development of a special strategy.
We should also mention craps as a game with good odds. If you play craps you can expect a 50-50 chance of winning a turn in this game where you are betting on a dice roll. Finally, we have roulette. This is a very popular casino game which comes in a few different versions. Regardless of the version, you have betting options like odds or even or black or red where you have 50-50 chance of winning.
As you can see, if you want to make money at casino, you have to get familiar with the odds. Of course, this is not the only thing that determines your success.
- Check the odds of each casino game before playing it
- Analyze the betting options you have in some casino games
- Play very safe at the beginning
2. Choose Online Casinos with the Best Payout
Obviously, the online casino you’ve selected has an impact on your success as a player too. So, it’s wise to opt for online casinos with the best payouts. By best payouts, we mean fast payouts even for high prizes. The same goes for the percentage of player bets returned in the form of winnings after a certain period of time. This percentage is also known as average percentage payout.
There are independent bodies that are investigating these numbers. What you should remember is that in order to claim that they have the best payouts, the casino must showcase a payout rate of 95%. In some cases, online casinos have payout rates of almost 98%. Do some research and find a casino site that promises payouts close to these numbers.
- Look for an online casino with a payout rate above 95%
- Use online casinos with fast payouts
- Join a licensed casino
3. Choose a Casino Site with a Generous Bonus Offer
One of the main reasons why online casinos have become so popular these days is the fact that most of them have exceptional bonus offers. Every guide that talks about how to make money at casino should mention the bonuses as one of the ways to do this. In other words, players should use casino bonus money whenever they can.
It’s good to know that there are different kinds of bonuses out there. For instance, there is a welcome bonus for new players and there’s a loyalty bonus for regular players. Read more about these bonuses before you use them. Another thing that is very important is to select an online casino which doesn’t have impossible wagering requirements.
A rollover of up to 50 times should be your higher limit. The best online casinos have rollover requirements of 20 or 25 times. Additionally, you can get a no deposit bonus which doesn’t come with absolutely no risk for your money. Take some time, conduct research and find the casinos with the most generous bonus offers.
- Select an online casino with a good welcome and regular bonuses
- Watch out for the wagering requirements
- Learn more about the different kinds of casino bonuses
4. Select Low Variance Casino Games
Some players may be sad to hear that less volatile casino games are usually the more lucrative games. There are players may argue that high volatility casino games are more exciting, but you have to decide what’s more important to you – to have fun or to make money at casino. Of course, low variance casino games can provide both. Basically, you should look for a game that requires a longer period to win a prize, but it also requires lower wagers.
Of course, if you are interested in winning huge jackpot prizes and you can afford to lose more money in a short period of time, you can choose high variance games like online slots, video poker, bingo, and keno. On the other hand, table games like Pai Gow poker are casino games that are considered low variance games. Don’t forget that in some cases, players have a direct impact on variance because sometimes it all depends on their gaming style.
- Stick to low variance casino games for long-term earnings
- Table games promise solid returns
- Avoid side bets and play conservative
5. Set Up a Budget
Joining a casino site and playing casino games takes just a few minutes. This is one of the advantages of playing online, but this doesn’t mean that you should do that right away. On the contrary, according to many experts, it’s always a smart move to set up a budget first.
Every casino player must know his limits before they invest their money in casino games. Money management is probably not the first thing that comes to your mind when someone mentions poker, blackjack or slots, but the fact is that if you want to make money at casino then you have to create a budget.
Obviously, you should never play with money you need to pay your bills or cover your everyday needs. As the old saying goes – play with money that you can afford to lose. Don’t forget that online casinos are available 24/7 and there’s no need to be in a hurry when visiting these sites.
- Determine your financial limits
- Don’t play with money that you can’t afford to lose
- Be realistic
6. Learn More about the Games you are Playing
One of the things that make casino sites so exciting and popular is that you can get access to hundreds of games. Of course, not all of these games are different and there are a few categories of games you can choose from like table games, card games, dice games, electronic games, a game of chance and more. But what’s known for sure is that each of them has specific sets of rules.
So, before you start playing on a casino site, make sure that you understand the basics of the game you are interested in. It would be even better if you spend some time reading guides that can help master that game. Usually, it takes some practice and theoretical knowledge to master a game. It’s also worth mentioning that some games are better than the others when it comes to learning.
For example, we can’t compare a classic slot game where you only have to push a button and Texas Holdem where people can apply a myriad of strategies and tactics. Another good advice related to casino games and learning these games is to play one or two different types of games at once. If you are playing three or more different casino games a day, you can become confused easily.
- Master a game you like
- Stick to one or two casino games at a time
- Choose a casino site which offers a variety of games
7. Know when to Stop
No one likes to be called a quitter, but there are times when you are playing casino games when you simply have to stop. The only reason why experienced players recommend this is the fact that you have more than your pride to lose here – you can lose all your money. But, what’s even more important is to understand that you have to stop even when you are winning. Many players have a specific time of the day when they are playing for a certain period of time.
It’s easy to get carried away and try to double or quadruple your earnings, but there’s no reason to test your luck because it will eventually fail you. In addition, you should never chase your losses or cover your lost bets. As we said before, a good casino player has a strategy and a plan and has to stick to it if he wants to make money at casino.
- Limit your gambling activities
- Don’t chase losses
- Don’t try your luck
8. Use the Chance to Play for Free
If you visit a land-based casino, you have to place a bet in order to play. But, the situation is different when it comes to online casinos. Namely, most of these websites are offering free play sessions for their most popular games. This means that you don’t have to invest any of your money to play a game there.
Obviously, this also means that you won’t be able to earn money, but you should look at this as a way to earn money in online casinos in the long run. By becoming familiar with the game you want to play, you will have an opportunity to master it. You can try all of its features and use different betting options and see how they work for you. Spend some time using these casino games for free before you invest actual money.
- Play for free in online casinos that offer free play sessions
- In this way, you will get familiar with the gameplay
- You can find many casino sites with offers like this
9. Choose an Online Casino with no Hidden Fees
In order to start playing casino games in an online casino, you have to place a deposit. In addition, once you want to withdraw your earnings you will have to pick a payment method. Generally speaking, all the online casinos have a few payment methods available for their players. But, what’s different in some of them is the fees. Most online casinos don’t charge fees on deposits, but the situation can be a little bit different when it comes to withdrawals.
The first thing that you should do is to check these fees. A reliable online casino should list these fees on a visible place. In the end, you should not notice any hidden fees in your balance. While you are there, you should also check the withdrawal procedure. Are you able to withdraw your earnings more than once per week? Are there any minimum or maximum amounts that you can withdraw?
- Reliable online casinos don’t charge hidden fees
- Look for online casinos with high maximum withdrawal amounts
- Select online casinos with a good background
10. Don’t Stick to One Casino Site
If you want to make money at casino, this doesn’t mean that you have to stick to one casino site. Online casinos are not like land-based casinos and you can switch to another casino in a matter of seconds. The best casino players out there are members of two or more casino sites.
The truth is that many casino sites in the last few years have developed decent loyalty schemes with competitive points that make their use more attractive. However, this doesn’t mean that you should not join other casino sites. If you have an interest in a specific game, try to find an online casino that has special offers and deals focused on that casino game. Almost all the casinos have temporary bonus offers and using them can bring you a lot of benefits.
We should also mention that many online casinos have special offers for regular players that have stopped visiting their site regularly. They will try to keep your on their website by providing special deals.
- Shop around and don’t stay in just one online casino
- Look for special deals and offers
- Use both welcome and loyalty bonuses
11. Choose Games with Smaller Jackpots
There are many casino games like slot games, roulette, and keno where you can find amazing jackpots. In some cases, these jackpots are worth hundreds of thousands of dollars. But, if you are interested in finding a way to win a jackpot like this, you will realize that you will realize that the odds of winning are extremely low. But, it doesn’t have to be like that.
When a player chooses a game with a smaller jackpot, the chances of winning are higher. This is a low variance jackpot game which is awarded more frequently. Of course, you can still place very small bets on games with impressive jackpot (progressive jackpot) prizes, but don’t hope too much.
- Play safe for big progressive jackpots
- Choose small jackpots over big ones
- Calculate the winning odds
12. Stop Playing when you have a Problem
Finally, there are times when people are noticing that they have problems when it comes to gambling. They are becoming compulsive gamblers that are desperately trying to win high amounts of money. The easiest way to spot this trend is to analyze yourself.
Do you play casino games on a daily basis for more than a few hours? Do you feel dissatisfied when you are playing? If the answers to these questions are affirmative, then maybe it’s time to stop and look for help.
It’s always a smart move to read books and literature focused on problem gambling if you are planning on making money from this interesting activity. Learning more about this behavior can save you a lot of money, time and energy.
- Stop if you have noticed the first signs of problem gambling
- Read literature that can help you in situations like this
- Consult an expert in this field and look for help
Just like with bookmakers, online casinos offer new customers bonuses when they sign up. They work as an incentive for the customer to play at the casino and they’re a great way for casinos to attract new customers. Depending on the casino bonus on offer, there is usually a good chance of making a profit from them. The sign up bonuses offered by online casinos can be in various forms of which the more common types being :
- Deposit bonuses
- No deposit bonuses
- Free spins
If you’re looking to make money from casino bonuses you have probably already dabbled in matched betting with bookmaker bonuses. Matched betting is completely risk-free and at no point is your money at risk. However, when using casino bonuses, there is a risk. The reason why casino bonuses are listed on matched betting sites is that despite there being a risk to your own money, there is a greater chance that over time you will profit from them than lose.
How casinos make money
Casinos make money by having an edge over the punter in every casino game. Lets take a look at one of the most popular and well known casino games, roulette as an example :
As well as having the option to bet on numbers and various other sections of the roulette table, you can bet on Red or Black. Whichever colour you place your chips on, if the ball lands on a number with that colour, you double your money. Seems pretty fair doesn’t it? Not quite. Despite there being an equal number of red numbers on a roulette wheel to black numbers, there is also the green zero. If you bet on red or black and the ball lands on zero, your bet loses and you get nothing in return. The green zero is the casinos edge.
- Number of red : 18
- Number of black : 18
- Number of green : 1
The chance of the ball landing on your choice of red or black is = (100/18) x 37 = 48.65%
If betting on red or black on roulette was a fair game then the chances of your bet winning would be 50% but as you can see from the calculation above it is actually slightly below that at 48.65%.
The same goes for if you bet on a single number which pays out at 36/1. As there are 37 numbers on a roulette wheel the true odds are actually 37/1, giving the casino a 2.7% edge. This edge percentage is the amount which the casino, on average, will profit from all bets placed. The casino won’t win 2.7% of everyone’s bets, as you could place a £10 bet on number 7 and it could win. However, on average, over thousands of bets, the casino will mathematically profit 2.7% in total from bets placed.
Making money with casino bonuses
So if the casino has an edge on every game, how do you make money?
The answer to the above question is to use casino bonuses to give you, the player, the edge. Just like the casino, even when you have an edge, you won’t profit every time, but you will profit on average. The average amount you will profit is known as the ‘expected value’.
Expected Value (EV)
If you’ve visited the casino bonus section of matched betting sites you may have noticed the term ‘expected value’ or ‘EV’ mentioned. When referring to casino bonuses, the expected value is the amount you can expect to profit from the bonus on average. It may be more, it may be less, but on average it will be this amount. If you toss a coin into the air and call it you would expect to guess right 50% of the time. You may get it wrong 10 times in a row but do it enough times and it will average out at 50%.
Casino Bonus Example
Now that we’ve established how casinos make money, we’ll take a look at an example of a casino bonus and show how you can make a profit from it.
Coral offer a £50 casino bonus when you deposit £10
– To receive this bonus we need to deposit £10.
– To withdraw the bonus we need to wager the bonus amount + the deposit amount 24 times.
Our aim is to play through the wagering requirements of the bonus so that we can make a withdrawal. To see if we are likely to be left with a profit at the end of the wagering requirements we must do a little maths to calculate the expected value.
As mentioned, the wagering requirements for this bonus are the bonus amount + the deposit amount x 24. That works out as (£10+£50) x 24 = £1,200. So after accepting this bonus, we must place £1,200 of bets before we can make a withdrawal.
When working your way through the wagering requirements of casino bonuses it is important to read the terms and conditions of the bonus as a lot of the time the casino puts restrictions on which games contribute towards the wagering requirements. For example, Blackjack may only contribute 50% which would mean you would have to wager twice as much to clear the bonus. The majority of the time slots contribute 100% towards the bonus and so these are usually the preferred game of choice. You are also able to set online slots to auto-play mode so you don’t have to be clicking a mouse for hours on end.
Online slot payout percentages vary but are usually 95% or higher. It is possible to find slots with a payout of over 99% such as the Ocean Princess Slot which has a payout percentage of 99.1%.
Ok, so you’ve received your casino bonus and have opened up the Ocean Princess slot. What are the chances of you making a profit on this bonus? Lets take a look.
Making Money From Casino Offers Without
As the payout percentage of the slot is 99.1% you will expect to receive back £99.10 for every £100 that you wager. The casino’s edge on this slot is 0.9%. As you will be wagering £1,200, the casino will, on average, profit £10.80 from you (0.9% of £1,200).
Therefore, at the end of your wagering requirements you will have deposited £10, received £50 and given the casino £10.80, making you a total profit of £39.20.
There we have it. That is the logic behind making money from casino bonuses. However, as mentioned previously, there is still risk. You could be unlucky and not win any of your spins and lose your deposit and bonus before meeting the wagering requirements. On the other hand, you could get lucky and hit the jackpot with your bonus! It’s happened before, just look at the screenshot below from a matched bettor who won a staggering £597,136,92 from a 20p spin whilst wagering a casino bonus!
Big win from a Profit Maximiser members
On average though you will profit from these bonuses providing the expected value is positive. To work out the expected value of a casino bonus, use the equation below.
Making Money From Casino Offers Online
Casino Bonus Amount – (House Edge x (Wagering Requirement Amount/100)) = Expected Value
Finding casino bonuses with a positive expected value
Making Money From Casino Offers Near Me
You could spend hours trawling the internet looking for casino bonuses that have a positive expected value but it really isn’t worth it. There are hundreds of casinos online and looking through the terms and conditions of everyone would be quite a time consuming process. Thankfully, the majority of the top matched betting sites find these for you and list them along with the expected value and instructions on the best way to complete them. MatchedBets and OddsMonkey both have casino bonus sections which display a number of mathematically profitable offers and so we recommend joining a matched betting site rather than go this process alone.
Making Money From Casino Offers Free
Hopefully this article will give you a better understanding of how casino bonuses work and how it is possible to profit from them. Despite matched betting sites listing the majority of casino bonus offers for you, this information may come in useful should you receive a personal bonus offer from a casino. If you have any questions, don’t hesitate to get in touch via the contact page.