Making Money From Casino Offers

Some casino players may be new to the concept of casino bonuses and online promotions. Anyone who would like to know how to make money from online bonuses will not have to look any further. They will only have to understand what is an online casino bonus and how it functions to provide players with more money to play casino games. Here are some of the most popular questions and answers related to online casino bonuses.

How Do Online Casino Bonuses Work?

Generally, casino bonuses work in a straightforward way. Players will see the casino offer matching bonus when they deposit into their casino account. The bonus money may be matched from 10% to upwards of 200% for some casino bonuses. There are also some casinos which offer a 500% and 777% matching bonus distributed over several deposits. A casino player will only need to use the bonus code and redeem or claim it inside their casino account. When they make a deposit, the bonus offer is activated, and they will see the bonus money available in their casino account to play with.

Can You Win Money With Online Casinos?

• 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.
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Players will realize that they can win money with online casinos. They will only need to go online to a casino with good reviews and navigate to the website. Most casinos will show the latest wins from their players. Reading the casino blogs and forums is another place to find information about the latest ways to win money with online casinos. The likelihood of an online casino game giving a payout will depend on what is called the Return to Player or RTP. The RTP of games such as slots will vary from 75% and up to 98% in some games. This rate that the slot machines payout will not be for each time you play, but rather this is the general rate of return a player can expect over a specific period of time. This is more long-term than what will be given to do during an evening of playing online casino games. Some of the largest ways to win inside an online casino are progressive games which increase which every bet. The largest payouts in the industry have been with progressive jackpots.

How Do You Match a Bet?

Casino players have used matched bets as a way to increase their bankrolls and have more to play with. It is not difficult to do once players understand the concept behind it. It does involve using the bonuses offered by an online casino to end up with more inside an online casino account. Online casinos might have a bonus offer whereby if you wager $100, they will match it to give $100. Players will see this as a deposit bonus where the deposit amount is matched 100% or more. The free bonus money when you match a bet is for players to wager on games and they can withdraw the winnings depending on the terms and conditions of the bonus offer.

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How Can I Earn Money by Playing Games?

Players may earn money playing games in a variety of ways. They can redeem deposit bonuses and reload bonuses to have more to play with. This will increase the amount of money in their bankroll, which can lead to higher wagers or playing for longer than they normally would. Some casinos will even provide a free spins bonus to try out a slots game. It is also possible to take hold of no deposit bonuses and free casino chips which can earn money by playing games. Players should also look into enjoying tournaments as these tournaments are another possible way to earn money by playing games.

What Is Casino Bonus?

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 match the amount deposited up to a specific percentage. This is not just a bonus, but also what is called a deposit bonus. There are various types of bonuses to be found. For example, the no deposit bonus is another kind of free money. This is truly free money as players may be given $5, $10 or up to $25 to try out the casino. This no deposit bonus will not require players to use their own money to play with, and they receive free casino credits to play games. Other than the deposit bonuses, there are also cashback bonuses. Cashback bonuses are based on deposits which are made and wagered. When players play and receive a loss, the casino will give back a percentage of this net loss as a bonus to play again. Many online casinos do this on a weekly basis, and just requires players to participate each week to qualify. An online casino may also have what is known as a payment method bonus. This is similar to a deposit bonus. However, players will see that a bonus is given only for using specific payment methods such as Skrill or Bitcoin. Players can receive a matched bonus for using a payment bonus.

What Does Playthrough Bonus Mean?

A playthrough bonus is used to refer to a bonus in which players will have a playthrough requirement to adhere to. The 'playthrough' is the amount of times the money has to be wagered or the number of times a player will need to place a wager that includes a combination of the original bet and the bonus money. The playthrough is usually stated as the number of times. For example, 10x. In this example, the deposit and bonus money will need to be staked 10 times the amount. On a deposit of $50 with a 100% matching bonus of $50 for a total of $100, and a playthrough of 10x, casino players will be required to wager $1,000 to satisfy the playthrough requirements.

What Is 35x Wager Requirement?

Using the example above, the deposit and bonus money of $100 will have a wagering requirement of 35 times the total amount. This will result in a wagering requirement equivalent to $3,500 to meet the conditions of the bonus offer.

Can I Withdraw Free Bet Winnings?

Some players may wonder, 'Can I withdraw free bet winnings?' The answer to this will depend on the terms associated with the free bet bonus offer. Some bonus promotions will allow players to withdraw their free bet winnings while others will not. Many bonus promotions will have what is called a 'maximum cashout' which is the maximum amount a casino player can cashout from a bonus offer. For example, a max cashout of $100 will be stated as a condition for redeeming the bonus offer. Other bonus promotions will have what is called a 'no max cashout' and players are able to withdraw their free bet winnings. Keep in mind that withdrawals will also be dependent on achieving the playthrough requirement before any withdraws are approved from an online casino.

What Game Makes the Most Money 2018?

What game makes the most money is dependent on various factors. More than anything, players will have to look at the casino games and the return the player can expect to receive from participating in these games. Overall, Blackjack table games are thought to be games which may make the most money. This is because of the house edge between 0.13% to about 1%. Players can also try Craps which has a house edge of up to 0.60%. Craps does have a learning curve, but understanding the game will help towards making real money online. It has been shown that table games generally will contribute to making the most money. However, these games require understanding and strategy which is far greater than what is needed to play slots games.

What Is the Best App to Get Free Money?

When someone is looking for the best app to get free money they will only need to take a look at mobile casino apps. These are easy applications to download to your mobile device. Players will see that mobile casinos will offer access to some of the top promotions where they can get free money. Mobile apps will have welcome bonuses, reload bonuses, cashback, and more. Casino players will only need to have a device such as a tablet or a smartphone that is compatible with Android or Apple iOS.

What Is the Best Online Casino for Real Money?

There are various casinos available and players will see that the best casinos for real money vary in design and the types of games they offer. Some of the higher paying casinos include:

• Bovada Casino which is known throughout the online casino industry. It has been in operating a long time and is considered by some players to be one of the top paying casinos. Bovada allows not only casino games, but offers a racebook, sportsbook, and video poker games. There is also a live dealer casino. Players can look forward to up to $3000 in new bonuses.
• Cafe Casino is not as old as Bovada, but it has grown to make a name for itself in a short time. It is known for the $100 casino chip offered to players who want to get started inside of the casino. Cafe Casino also has welcome bonus offers which are matched 500%.
• Liberty Slots Casino is no stranger to the online casino industry. It has become established in the industry and frequently provides bonus and promotions to casino members. Liberty Slots does provide access to progressive jackpots and a new player welcome bonus of $777 to get started.

What Is the Best Game to Play at the Casino to Win Money?

Casino members do want to know what is the best game to play at the casino to win money. The ability to win money will depend on things such as the house edge or the return to player. Players can expect the table games such as Roulette, Craps, Blackjack, and Baccarat to give them a better return for their investment. The average house edge for Blackjack is 0.65% and this equals up to $0.65 for every $10 placed as a casino wager. However, not everyone is able to fully understand Blackjack, and they might be more comfortable playing slot games. Progressive slots will give a chance at spinning the reels for an increasing jackpot amount.

Which Online Slots Payout the Most?

The highest paying slot games are known as Progressive Slots. It is essential for players to know which online slots payout the most. The progressive slot game has a jackpot that is continually growing. It is 'progressive'. Slot players in a network will place wagers on a specific slot game and a percentage of each wager is added to the jackpot of the game. This continues to grow the jackpot and each player will have equal chances of triggering the progressive jackpot win. The progressive slots game can be part of a network of all online casinos or it can only be in a local network that pertains to a specific casino. The amount for the progressive jackpot is not fixed, and players may see how this works to their advantage. Progressive slot games will have the jackpot win a threshold before a win is activated. Some of the Microgaming progressive slots have jackpots as high as $1,000,000. There are also progressive jackpots of $100,000 to be aware of.

Can You Win on Online Slots?

It is possible for players to win on online slots. It is more of a matter of discovering what slots are better suited for each player. Some casino members will choose slot games based on themes. For example, animal theme slots or food theme slots. Other players prefer to choose slot game based on bonus features such as a bonus round, free spins, and multipliers. Players will be able to determine the likelihood of a slot game paying out based on the Return To Player for each game which can be as high as 98% in some slot games.

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 :

1. Deposit bonuses
2. No deposit bonuses
3. 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.