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Currencies - Ensure that the online casino supports the currency of your country.; Why Online Casinos Offer No Wagering Bonuses. Competition - The online gambling industry is flooded with online casinos and they have to compete fiercely with one another to prove that they are the best.; Staying ahead of the trend - Online casino operators know that traditional bonus offers with wagering. The Best No Wagering Casinos. Here are some of the best online casinos that offer Wager Free bonuses to their players. Viggo Slots Casino: When you sign up at Viggo Slots Casino, you can avail their fantastic 100% Wager Free deposit match bonus along with 70 free spins on the classic Starburst Slot. These spins are also free of wagering. How to make the most of your freebies and the best way to wager casino bonus. What is a Wager? In order to understand what are the wagering requirements, you have to first understand what is a wager.
Online gamblers who want good entertainment know that the no max cashout no deposit bonus are a great way to start a gambling adventure, regardless of the player’s experience and knowledge! We like to say that these no deposit bonus no max cashout promotions are mainly aimed at the rookie players who want to explore the gambling house and games before making an initial deposit and get maximum from this! Experienced players and newcomers will find these useful to them. In favor of all players, we came up with the idea of presenting you online casinos with with no deposit bonus codes no max cashout and other promotions you can easily enjoy.
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Use code:GRAVYTRAIN20What are online casino no deposit bonus no max cash out
When we speak about no deposit no max cashout bonus in particular it means that you meet no limitations for wagering requirements. The amount of money you can withdrawal is only limited to your luck. All the money you win using no max cash out no deposit bonus are all yours.
Depending on the policy, it can be used in all games. However, it may be limited to only a few games, depending on the operator, the type and other features. The players collect these codes either by email through the email promotion campaigns or by presenting it next to the code input field on the operator’s homepage.Where you can get casino no deposit bonus no max cash out
A lot of casinos offered many no deposit bonus options and all new players can use the coupons and bonus codes for gambling. Whenever you see these coupons, it means that the gambling house awards you with the best offer so you could eventually become their customer! They encourage you with no deposit casino bonus cashable to explore the games and find your favorite adventure!TOP 5 No Deposit No Max Cashout Casino Bonus CodesCasino BrandBonus DetailsBonus CodeCasino MAX$15 No Deposit Bonus with 20 Welcome Spins BonusSPIN20Red Dog Casino$30 No Deposit Bonus30GIFTCafe Casino$10 FREE chipCafe10Las Vegas USA Casino$25 No Deposit BonusNDK25Ruby Slots$50 Free ChipRUBYSLOTS50
The no deposit casino bonus with no max cash is available in regulated online gambling operators and you should get it only in the distinguished places to avoid scams. When you choose casino to play pay attention on some important parameters that will help you to choose a perfect place to play that is suitable for you:
*safety and security of online online casinos – always check if the casino is licensed
*variety of games
*payment and withdrawal options
*bonuses offered
A lot of casinos offered many no deposit bonus options and all new players can use the coupons and bonus codes for gambling. Whenever you see these coupons, it means that the gambling house awards you with the best offer so you could eventually become their customer! They encourage you with no deposit casino bonus cashable to explore the games and find your favorite adventure!The best tips for online casino no max cash out bonuses
To get the best no cash deposit bonus no max cashout, you should stick to the several tips that can help you in choosing the best offer for your needs. Like in everything, you need to know what to look for when you see a god offer and these tips that will be described in the following headings will help players to get the best possible offer. Each no deposit bonus has rules. The rules are evolving about the requirements that a player has to fulfill to play with money and cash it out.Always read terms and conditions and look for any limitations
If you are looking for the crazy no deposit bonus with no max cashout casino, you have to know that reading the policy and conditions that limit the use of the additional money. For example, RTG no deposit casino bonus no max cash out requires a player to place 35 bets before getting free spins or free money. Also, make sure to check conditions prior to taking the promotion. Sometimes terms & conditions have limits where you have to play only certain games with the extra additional funds to become eligible to cash it out. Do not rush, but rather take some time and get yourself familiar with the conditions that you must meet!Avoid every bonus available and choose the best ones
Each no deposit bonus casino no max cash out offer has something unique and we understand that players sometimes want to catch all of these. There is always something better that can give you more money, but not all casinos are known to be transparent and player-friendly. Therefore, do not reach for every offer. Focus on the places that you like most and watch out for the online casino no deposit bonus keep what you win offers that take place every now and then.Why players get no deposit bonus codes
If you are wondering why the best online casino bonus no deposit no max cash out offer is available to you, you should know that the online gambling industry wants to attract more players who will play regularly. The core of these offers is to offer players new generous aid so they could feel welcome in the new settings and test games.Perfect no deposit casino bonus
No deposit bonuses are common casino bonuses that offered to players in welcome bonuses package and with special promotions too. There are many features of no deposit bonuses but if you want to choose a perfect one try to find that combines the following:
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*bonus is cashable
*bonus has no max cashout limits
All no deposit bonus no max cashout codes and offers are available in two forms: no deposit free money and no deposit free spins. The first form is available in all major casinos where every new player that has not been registered earlier receives a certain amount of money as a welcome package that will help him to explore the games. It is a very common promotion and all the players love it!FAQWhat are no deposit casino bonus no max cashout?No deposit bonus with no maximum cashout limits means that you have no limitations for withdrawal. You can withdraw all the money that you win. Where can I find no max cashout no deposit bonus?You can choose a reputable online casino using our guide.Is using no max cashout no deposit bonus legal?Yes, it is. But it’s still important to read terms and conditions to check out all the additional details that may come out.
Almost every online casino has some sort of welcome bonus to help try and persuade you to sign up and use their website rather than their competitors. With a little bit of thought and cleverness, we can take these new-player casino bonuses and convert them into withdrawable cash.
But before we delve into casino bonuses, let’s talk about sportsbook bonuses. Making money from them is known as matched betting and is pretty easy and may be where you started off?
But right now because of the COVID-19 coronavirus most sports aren’t running so there aren’t that many matched betting offers available. But to try and keep customers casinos are offering better bonuses than normal. Now is a great time to try some casino bonus bagging – especially as we all need to make some more money!
ContentsUnlike Matched Betting, Casino Bonus Bagging Isn’t Risk Free
Unlike matched betting, making money from casino bonuses is not risk-free. But that doesn’t mean that they can’t be profitable and worth doing.
We call this notion EV (expected value). By using maths we can work out how much money we will make on average from the bonus. So why is that not risk-free? Because of variance. Each time we make a slightly different amount, but over the long term it averages to the EV.
If you understand what I mean then feel free to skip straight to the how casino bonuses work section.
Note: this can get quite complicated. If you want someone to explain it to you one-to-one then Oddsmonkey have an onboarding coach who will hold your hand when you sign up to their £17.99 a month service.The Maths – How Casinos Make Money
Let’s say that we are playing a game of flip the coin, and because we’re fun people we’re also betting on it.
If we bet £1 a throw.
*I win £1 and you lose £1 if the coin comes up heads.
*You win £1 and I lose £1 if the coin comes up tails.
That is what we call a fair game.
There is risk – we could play 100 flips and I might lose money, or I might win money. But either way, it is just down to luck. Statistically, I am not more likely to win than to lose.
There is a 50% chance of me winning each throw, and a 50% chance of me losing each throw.
That is not what it is like in a casino. The casino has an edge.
Let’s change the rules slightly:
*I win £1 and you lose £1 if the coin comes up heads.
*You win £1.10 and I lose £1.10 if the coin comes up tails.
That is not a fair a game.
There is still risk – we could play 100 flips and I might make money. But I am more likely to lose.
On each coin toss I expect to lose 5p. We use this word “expect” a lot when it comes to making money from casino bonuses. It means the average in the long-term.
Here is a very simple tree showing you how we worked out that expected loss of 5p.
(0.5 x £1) + (0.5 x -£1.10) = -£0.05
That number becomes what is called the house edge. For every £1 we bet we expect to lose 5p.
If we play 1,000 flips, I will have bet £1,000 and expect to lose £50 (1,000 x 5p).The More We Play The Closer To Expected We Get
Now we get a bit more complicated. The longer I play, the more likely I am to lose money.
I am not going to explain the maths here (email me if you want to know), but over 1 coin flip my chance of walking away with a profit is 50%. The coin can either come up heads or tails.
Over 100 coin flips my chance of making a profit has dropped to 31.7%, that’s almost a 1/3rd chance which still is quite high. I might decide that I’m feeling especially lucky and take that 1/3rd chance. But over 6,000 coin flips my chance of leaving with a profit drops only 1%.
That is how a casino makes money. If there are 60 people playing at your casino and each plays the coin flip game 100 times, then each person has a 31.7% chance of leaving with a profit. But as the casino is playing 6,000 total flips it only has a 1% chance of not making a profit overall. A pretty clever business model.Best Way To Wager Casino BonusesWhat Are The House Edges Of Different Casino Games?
Now you can’t actually play our coin flip game in a casino so let’s apply this concept to two real casino games.
Roulette. Is a very basic game which almost everyone understands.
There are 36 numbers not including the zero. Of those 36 – 18 are red and 18 are black. The number zero is not red or black. Each time the wheel spins there is an equal chance that the ball will land on any of the numbers 0 – 36.
If you bet on red and it comes up, you win your stake back. So a £1 bet would win £1.
There is an 18 out of 37 chance of a red colour coming up. That means that you have a 48.6% chance of winning, and a 51.4% chance of losing.
Let’s draw that same tree we did earlier but this time for roulette:
(0.486 x £1) + (0.514 x -£1) = -£0.028 How do you play deuces card game.
For ever £1 bet we expect to lose 2.8p. That’s the house edge.
That’s pretty low. But roulette is not the casino game with the lowest house edge. That award goes to….
Blackjack. Forget card counting or anything you’ve seen in the films, your basic blackjack is the casino game with the smallest house edge.
There are many different rule sets for blackjack, and the house edge depends both on those rules and also on how close to perfect strategy the player is playing. But most games of blackjack have a house edge of about 0.5p per £1 bet (0.5%).
Let’s just think about that, 0.5%. That’s so low! It’s the equivalent of playing the coin flip game with the rules:
*I win £1 and you lose £1 if the coin comes up heads.
*You win £1.01 and I lose £1.01 if the coin comes up tails.
If we played 1,000 hands of blackjack at £1 a bet, we would have staked £1,000 and expect to lose just £5.How Casino Bonuses Work
Thank you for sitting through all of that. Now that the basics are out the way let’s talk about the juicy stuff. How we can actually make some money from casino bonuses.
Just like with matched betting, most casinos offer new players an incentive to sign up and play at their casino.
Unfortunately, unlike with matched betting, there is no way we can hedge out our bets. But we can use this knowledge of the house edge to turn things in our favour. Provided the bonus is good, we can expect to make money.
Let’s take a look at one bonus that is currently offered by William Hill on their live casino.
To get the bonus, we need to deposit £25 and then place a series of bets that total at least £200. When we have reached that target and we contact customer service, a bonus of £25 will be added which we are then free to withdraw along with whatever is left of our initial deposit.How We Make Money From Casino Bonuses
£200 sounds like a lot, but after what we’ve learnt about house edges and blackjack it shouldn’t sound so bad. Remember blackjack has a house edge of 0.5%.
Over £200 staked we expect to lose only £1. That means we expect to keep £24 of the bonus!
This is what we expect to happen.
*We deposit £25 into William Hill Live casino.
*We place 200 £1 bets. At the end, we have lost £1 and have £24 left.
*A £25 bonus is added to our balance.
*We withdraw our balance of £49 (£24+£25).
*We have made a profit of £24.
But, there is risk.
There is a chance we will lose more than just £1. There is even a chance of us losing more money than the bonus is worth. If we use up all of that £25 we would need to deposit more in order to finish the staking.
We won’t go into the maths on variance. But understand this. Blackjack has a house edge of 0.5% and a standard deviation of 1.15.Best Way To Wager Casino Bonus Poker
That means that at a £1 bet size there is a 95% chance we will make somewhere between £7.75 and £40.25. But it also means there is a 7% chance of making a small loss.
That is the essence of making money from casino bonuses. You are simply moving the odds to your favour.
Websites like Oddsmonkey and Profit Accumulator (more on them later) have calculators for working out your variance and house edge from different casino games. They also have strategy calculators to help you play the games optimally.
Whew. So after all that explaining, the actual steps were very simple.
But we had to go into all that details because it will enable you to look at more advanced offers and take advantage of them as well. Every casino bonus has different terms and you need to be able to work out what strategy to follow to get the highest ‘expected profit’ or ev from the bonus.
Which brings us on to the hardest part of making money from casino bonuses.Where To Find The Best Casino Bonuses
You can only do that William Hill Live casino offer once, so to continue making money you need to find some more offers.
And the unfortunate truth is for more casino bonuses it is not profitable to make money from them. You need to find the diamonds in the rough.
You can do this in exactly the same way as you would when sports matched betting. And in fact, if you have done matched betting before you will probably already know the following two choices:
*Look through casino terms and conditions manually.
95% of people pay for a service. Compared to the EV you can make the services are cheap, they give you a curated list of offers to work through, and they point out any dangerous loopholes in the terms and conditions.Best Bonus Casinos Online
My two favourite paid for services for casino bonuses are:
*Profit Accumulator. Free for your first few bonuses, then £19.99 a month.
*Oddsmonkey. Free for your first few bonuses, £19.99 a month.
Nowadays they are both pretty similar with largely the same offers but different communities, website feel and customer service. They each have free accounts you can try out so I suggest signing up to both and then choosing which one you like the most.
Note: this can get quite complicated. If you want someone to explain it to you one-to-one then Oddsmonkey have an onboarding coach who will hold your hand when you sign up to their £19.99 a month service.There Are Lots Of Different Types Of Casino Bonuses
Wow what a beast of a post!
Let’s just finish on saying that there are lots of different types of casino bonuses and all have slightly different best ways to exploi
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Currencies - Ensure that the online casino supports the currency of your country.; Why Online Casinos Offer No Wagering Bonuses. Competition - The online gambling industry is flooded with online casinos and they have to compete fiercely with one another to prove that they are the best.; Staying ahead of the trend - Online casino operators know that traditional bonus offers with wagering. The Best No Wagering Casinos. Here are some of the best online casinos that offer Wager Free bonuses to their players. Viggo Slots Casino: When you sign up at Viggo Slots Casino, you can avail their fantastic 100% Wager Free deposit match bonus along with 70 free spins on the classic Starburst Slot. These spins are also free of wagering. How to make the most of your freebies and the best way to wager casino bonus. What is a Wager? In order to understand what are the wagering requirements, you have to first understand what is a wager.
Online gamblers who want good entertainment know that the no max cashout no deposit bonus are a great way to start a gambling adventure, regardless of the player’s experience and knowledge! We like to say that these no deposit bonus no max cashout promotions are mainly aimed at the rookie players who want to explore the gambling house and games before making an initial deposit and get maximum from this! Experienced players and newcomers will find these useful to them. In favor of all players, we came up with the idea of presenting you online casinos with with no deposit bonus codes no max cashout and other promotions you can easily enjoy.
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When we speak about no deposit no max cashout bonus in particular it means that you meet no limitations for wagering requirements. The amount of money you can withdrawal is only limited to your luck. All the money you win using no max cash out no deposit bonus are all yours.
Depending on the policy, it can be used in all games. However, it may be limited to only a few games, depending on the operator, the type and other features. The players collect these codes either by email through the email promotion campaigns or by presenting it next to the code input field on the operator’s homepage.Where you can get casino no deposit bonus no max cash out
A lot of casinos offered many no deposit bonus options and all new players can use the coupons and bonus codes for gambling. Whenever you see these coupons, it means that the gambling house awards you with the best offer so you could eventually become their customer! They encourage you with no deposit casino bonus cashable to explore the games and find your favorite adventure!TOP 5 No Deposit No Max Cashout Casino Bonus CodesCasino BrandBonus DetailsBonus CodeCasino MAX$15 No Deposit Bonus with 20 Welcome Spins BonusSPIN20Red Dog Casino$30 No Deposit Bonus30GIFTCafe Casino$10 FREE chipCafe10Las Vegas USA Casino$25 No Deposit BonusNDK25Ruby Slots$50 Free ChipRUBYSLOTS50
The no deposit casino bonus with no max cash is available in regulated online gambling operators and you should get it only in the distinguished places to avoid scams. When you choose casino to play pay attention on some important parameters that will help you to choose a perfect place to play that is suitable for you:
*safety and security of online online casinos – always check if the casino is licensed
*variety of games
*payment and withdrawal options
*bonuses offered
A lot of casinos offered many no deposit bonus options and all new players can use the coupons and bonus codes for gambling. Whenever you see these coupons, it means that the gambling house awards you with the best offer so you could eventually become their customer! They encourage you with no deposit casino bonus cashable to explore the games and find your favorite adventure!The best tips for online casino no max cash out bonuses
To get the best no cash deposit bonus no max cashout, you should stick to the several tips that can help you in choosing the best offer for your needs. Like in everything, you need to know what to look for when you see a god offer and these tips that will be described in the following headings will help players to get the best possible offer. Each no deposit bonus has rules. The rules are evolving about the requirements that a player has to fulfill to play with money and cash it out.Always read terms and conditions and look for any limitations
If you are looking for the crazy no deposit bonus with no max cashout casino, you have to know that reading the policy and conditions that limit the use of the additional money. For example, RTG no deposit casino bonus no max cash out requires a player to place 35 bets before getting free spins or free money. Also, make sure to check conditions prior to taking the promotion. Sometimes terms & conditions have limits where you have to play only certain games with the extra additional funds to become eligible to cash it out. Do not rush, but rather take some time and get yourself familiar with the conditions that you must meet!Avoid every bonus available and choose the best ones
Each no deposit bonus casino no max cash out offer has something unique and we understand that players sometimes want to catch all of these. There is always something better that can give you more money, but not all casinos are known to be transparent and player-friendly. Therefore, do not reach for every offer. Focus on the places that you like most and watch out for the online casino no deposit bonus keep what you win offers that take place every now and then.Why players get no deposit bonus codes
If you are wondering why the best online casino bonus no deposit no max cash out offer is available to you, you should know that the online gambling industry wants to attract more players who will play regularly. The core of these offers is to offer players new generous aid so they could feel welcome in the new settings and test games.Perfect no deposit casino bonus
No deposit bonuses are common casino bonuses that offered to players in welcome bonuses package and with special promotions too. There are many features of no deposit bonuses but if you want to choose a perfect one try to find that combines the following:
*no wagering requirements
*bonus is cashable
*bonus has no max cashout limits
All no deposit bonus no max cashout codes and offers are available in two forms: no deposit free money and no deposit free spins. The first form is available in all major casinos where every new player that has not been registered earlier receives a certain amount of money as a welcome package that will help him to explore the games. It is a very common promotion and all the players love it!FAQWhat are no deposit casino bonus no max cashout?No deposit bonus with no maximum cashout limits means that you have no limitations for withdrawal. You can withdraw all the money that you win. Where can I find no max cashout no deposit bonus?You can choose a reputable online casino using our guide.Is using no max cashout no deposit bonus legal?Yes, it is. But it’s still important to read terms and conditions to check out all the additional details that may come out.
Almost every online casino has some sort of welcome bonus to help try and persuade you to sign up and use their website rather than their competitors. With a little bit of thought and cleverness, we can take these new-player casino bonuses and convert them into withdrawable cash.
But before we delve into casino bonuses, let’s talk about sportsbook bonuses. Making money from them is known as matched betting and is pretty easy and may be where you started off?
But right now because of the COVID-19 coronavirus most sports aren’t running so there aren’t that many matched betting offers available. But to try and keep customers casinos are offering better bonuses than normal. Now is a great time to try some casino bonus bagging – especially as we all need to make some more money!
ContentsUnlike Matched Betting, Casino Bonus Bagging Isn’t Risk Free
Unlike matched betting, making money from casino bonuses is not risk-free. But that doesn’t mean that they can’t be profitable and worth doing.
We call this notion EV (expected value). By using maths we can work out how much money we will make on average from the bonus. So why is that not risk-free? Because of variance. Each time we make a slightly different amount, but over the long term it averages to the EV.
If you understand what I mean then feel free to skip straight to the how casino bonuses work section.
Note: this can get quite complicated. If you want someone to explain it to you one-to-one then Oddsmonkey have an onboarding coach who will hold your hand when you sign up to their £17.99 a month service.The Maths – How Casinos Make Money
Let’s say that we are playing a game of flip the coin, and because we’re fun people we’re also betting on it.
If we bet £1 a throw.
*I win £1 and you lose £1 if the coin comes up heads.
*You win £1 and I lose £1 if the coin comes up tails.
That is what we call a fair game.
There is risk – we could play 100 flips and I might lose money, or I might win money. But either way, it is just down to luck. Statistically, I am not more likely to win than to lose.
There is a 50% chance of me winning each throw, and a 50% chance of me losing each throw.
That is not what it is like in a casino. The casino has an edge.
Let’s change the rules slightly:
*I win £1 and you lose £1 if the coin comes up heads.
*You win £1.10 and I lose £1.10 if the coin comes up tails.
That is not a fair a game.
There is still risk – we could play 100 flips and I might make money. But I am more likely to lose.
On each coin toss I expect to lose 5p. We use this word “expect” a lot when it comes to making money from casino bonuses. It means the average in the long-term.
Here is a very simple tree showing you how we worked out that expected loss of 5p.
(0.5 x £1) + (0.5 x -£1.10) = -£0.05
That number becomes what is called the house edge. For every £1 we bet we expect to lose 5p.
If we play 1,000 flips, I will have bet £1,000 and expect to lose £50 (1,000 x 5p).The More We Play The Closer To Expected We Get
Now we get a bit more complicated. The longer I play, the more likely I am to lose money.
I am not going to explain the maths here (email me if you want to know), but over 1 coin flip my chance of walking away with a profit is 50%. The coin can either come up heads or tails.
Over 100 coin flips my chance of making a profit has dropped to 31.7%, that’s almost a 1/3rd chance which still is quite high. I might decide that I’m feeling especially lucky and take that 1/3rd chance. But over 6,000 coin flips my chance of leaving with a profit drops only 1%.
That is how a casino makes money. If there are 60 people playing at your casino and each plays the coin flip game 100 times, then each person has a 31.7% chance of leaving with a profit. But as the casino is playing 6,000 total flips it only has a 1% chance of not making a profit overall. A pretty clever business model.Best Way To Wager Casino BonusesWhat Are The House Edges Of Different Casino Games?
Now you can’t actually play our coin flip game in a casino so let’s apply this concept to two real casino games.
Roulette. Is a very basic game which almost everyone understands.
There are 36 numbers not including the zero. Of those 36 – 18 are red and 18 are black. The number zero is not red or black. Each time the wheel spins there is an equal chance that the ball will land on any of the numbers 0 – 36.
If you bet on red and it comes up, you win your stake back. So a £1 bet would win £1.
There is an 18 out of 37 chance of a red colour coming up. That means that you have a 48.6% chance of winning, and a 51.4% chance of losing.
Let’s draw that same tree we did earlier but this time for roulette:
(0.486 x £1) + (0.514 x -£1) = -£0.028 How do you play deuces card game.
For ever £1 bet we expect to lose 2.8p. That’s the house edge.
That’s pretty low. But roulette is not the casino game with the lowest house edge. That award goes to….
Blackjack. Forget card counting or anything you’ve seen in the films, your basic blackjack is the casino game with the smallest house edge.
There are many different rule sets for blackjack, and the house edge depends both on those rules and also on how close to perfect strategy the player is playing. But most games of blackjack have a house edge of about 0.5p per £1 bet (0.5%).
Let’s just think about that, 0.5%. That’s so low! It’s the equivalent of playing the coin flip game with the rules:
*I win £1 and you lose £1 if the coin comes up heads.
*You win £1.01 and I lose £1.01 if the coin comes up tails.
If we played 1,000 hands of blackjack at £1 a bet, we would have staked £1,000 and expect to lose just £5.How Casino Bonuses Work
Thank you for sitting through all of that. Now that the basics are out the way let’s talk about the juicy stuff. How we can actually make some money from casino bonuses.
Just like with matched betting, most casinos offer new players an incentive to sign up and play at their casino.
Unfortunately, unlike with matched betting, there is no way we can hedge out our bets. But we can use this knowledge of the house edge to turn things in our favour. Provided the bonus is good, we can expect to make money.
Let’s take a look at one bonus that is currently offered by William Hill on their live casino.
To get the bonus, we need to deposit £25 and then place a series of bets that total at least £200. When we have reached that target and we contact customer service, a bonus of £25 will be added which we are then free to withdraw along with whatever is left of our initial deposit.How We Make Money From Casino Bonuses
£200 sounds like a lot, but after what we’ve learnt about house edges and blackjack it shouldn’t sound so bad. Remember blackjack has a house edge of 0.5%.
Over £200 staked we expect to lose only £1. That means we expect to keep £24 of the bonus!
This is what we expect to happen.
*We deposit £25 into William Hill Live casino.
*We place 200 £1 bets. At the end, we have lost £1 and have £24 left.
*A £25 bonus is added to our balance.
*We withdraw our balance of £49 (£24+£25).
*We have made a profit of £24.
But, there is risk.
There is a chance we will lose more than just £1. There is even a chance of us losing more money than the bonus is worth. If we use up all of that £25 we would need to deposit more in order to finish the staking.
We won’t go into the maths on variance. But understand this. Blackjack has a house edge of 0.5% and a standard deviation of 1.15.Best Way To Wager Casino Bonus Poker
That means that at a £1 bet size there is a 95% chance we will make somewhere between £7.75 and £40.25. But it also means there is a 7% chance of making a small loss.
That is the essence of making money from casino bonuses. You are simply moving the odds to your favour.
Websites like Oddsmonkey and Profit Accumulator (more on them later) have calculators for working out your variance and house edge from different casino games. They also have strategy calculators to help you play the games optimally.
Whew. So after all that explaining, the actual steps were very simple.
But we had to go into all that details because it will enable you to look at more advanced offers and take advantage of them as well. Every casino bonus has different terms and you need to be able to work out what strategy to follow to get the highest ‘expected profit’ or ev from the bonus.
Which brings us on to the hardest part of making money from casino bonuses.Where To Find The Best Casino Bonuses
You can only do that William Hill Live casino offer once, so to continue making money you need to find some more offers.
And the unfortunate truth is for more casino bonuses it is not profitable to make money from them. You need to find the diamonds in the rough.
You can do this in exactly the same way as you would when sports matched betting. And in fact, if you have done matched betting before you will probably already know the following two choices:
*Look through casino terms and conditions manually.
95% of people pay for a service. Compared to the EV you can make the services are cheap, they give you a curated list of offers to work through, and they point out any dangerous loopholes in the terms and conditions.Best Bonus Casinos Online
My two favourite paid for services for casino bonuses are:
*Profit Accumulator. Free for your first few bonuses, then £19.99 a month.
*Oddsmonkey. Free for your first few bonuses, £19.99 a month.
Nowadays they are both pretty similar with largely the same offers but different communities, website feel and customer service. They each have free accounts you can try out so I suggest signing up to both and then choosing which one you like the most.
Note: this can get quite complicated. If you want someone to explain it to you one-to-one then Oddsmonkey have an onboarding coach who will hold your hand when you sign up to their £19.99 a month service.There Are Lots Of Different Types Of Casino Bonuses
Wow what a beast of a post!
Let’s just finish on saying that there are lots of different types of casino bonuses and all have slightly different best ways to exploi
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