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Online Casinos Introduction: Casino Bonus Money
Casino games are designed to earn money for the house, not you. To beat the casinos you need a solid game plan, consistent winnings and discipline. Start with casino bonus money. This online casino introduction shows you how.
How to Beat the Casinos with Their Own Money
When you sign up with an online casino, they will match your deposit with a bonus, say by 100%. So for a $200, they may give you another $200. Bonus money is a lure that casinos use to get people to sign up with them. It lets the gamblers play longer since they have more money.
Sign-up bonuses come in three kinds: cashable, sticky 1 and sticky 2. Cashable is best since you can use and withdraw the bonus money like any money. Sticky 1 can't be withdrawn and vanishes when you make your withdrawal. Sticky 2 stays around for future use. Both sticky types are for wagering only. You never take them home.
When looking for a casino, look for those with cashable bonuses.
Of Course, There Is a Catch…
Bonus money rules are often so tough that you'd have better luck pulling out your own teeth than making use of the bonus. Read the terms of usage and you get the feeling they really don't want you to win—and you're right.
Bonus rules typically require you to play a predetermined amount before you can withdraw your winnings. Usually this is x-number * (deposit + bonus). For example, 20 * ($100 + $100) or $4,000 total wagers. Bet $10 on a losing hand and $10 on a winning hand and they count for $20 toward your total wagers.
Once the wagering requirements are met, you can request for a withdrawal. How soon you can withdraw depends on the casino and the money transfer method used.
Pick a casino that doesn't treat bonus money like a hostage. (Read: has a low wagering requirement and has no unreasonable withdrawal limits.)
What Use is Casino Bonus Money?
Well, if you use the bonus together with optimal strategy for your chosen casino game, you can make big money!
The trick is to pick a game that has the lowest possible house advantage, and which can be improved upon with strategy. House advantage is the mathematical odds that gives casinos a profit in the long run. Strategy is what you can do as a player to win more from the game.
Blackjack is a good choice. Played by average players, it can give a house edge of around 10%. But played with strategy, the house edge goes down to about 0.5%. If you play with cashable bonus money, you count your losses toward the bonus money and get to keep the rest of it!
So if you play with $300 deposit plus $100 bonus for $400, and you lose 0.5% in strategic blackjack, you only lose $2 and take home $398 for a net profit of $98!
That's the deal with bonus money. Pick a generous casino with a cashable bonus and low wagering rules. And play a game like blackjack that can give you steady winnings with correct strategy. Depending on how fast you play and how much is wagered, you can make a killing in just one session. Then you can move on to a new casino and do the same thing!