How To Make Money On Roulette In Casino

How To Make Money On Roulette In Casino 9,6/10 6142 reviews

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

On the average wheel, and in the average casino conditions, I wouldn’t say roulette is the easiest way to make money. It is actually quite tedious and boring. And many times you can become frustrated with the lack of success. This is all part of the game as a professional player. Make no mistake. PRIME TRACKER will not make you rich overnight or guarantee a 100% win everytime. That is for sure. However, it can certainly help to ensure your gameplay is a lot more structured and with directions. No more betting on a wimp or occasional wins based on luck. Since we are going to use casinos to earn money, the first thing is to open a free account in those we will make money with. Below are 2 casinos I recommend to apply my system, the casinos we are using now. You can open a free account in each of these casinos for free. Both are legally registered and regulated in the USA. They do what they do to make money – that is why the house always has an edge in any casino game. This doesn’t mean that the casino wins at roulette all the time. Players win too, some of them even win a lot, but it’s important to understand that at the end of the day, the losers heavily outweigh the winners.

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

How To Make Money On Roulette In Casino No Deposit

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.

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.

Casino Bonus Amount – (House Edge x (Wagering Requirement Amount/100)) = Expected Value

Finding casino bonuses with a positive expected value

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.

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.

How to win at Roulette?

Roulette is a game that offers the lowest chance of winning. The probability of winning at Roulette depends greatly on the type of bets.

Making a direct bet on a specific number gives you a 2.7% chance to win at classic Roulette and a 2.63% chance to win the American Roulette.

Betting on equal chances (red/black, 1-18/19-36, even/odd) gives a chance to win at Classic (48.65%) and American Roulette (47.37%).

What do these figures indicate?

For instance, a 50% chance of winning implies that the number of wins and losses will be the same. When playing Roulette, where the chance of winning is less than 50% (48.65% and 47.37%), you will lose more in the casino than win.

Chances that a particular number will fall out are always the same. However, several tricks that can lead you to victory.

Use Roulette software

Nice software will not only make the game easier and simpler but also increase the probability of winning.

The software can be roughly divided into 2 types:

1) programs that collect statistics and those that conduct analysis. Such software displays information about the odds and chances of certain bets winning. The decision on the size and type of bet is made by the user.

2) Programs making calculations and offering the player to make a specific bet. Users of such software can rely on mathematical algorithms and follow the instructions of the program.

Even though the main factor of roulette is randomness, probability theory and game theory make it possible to calculate the next result as accurately as possible.

How To Make Money On Roulette In Casinos

All professional players and math experts recommend using Roulette software.

It is up to you how well you can use the information and calculations you receive.

Implement great Roulette systems and strategies

If you play Roulette by the system, the probability of winning at the casino increases. But no Roulette system has raised the chance of winning even to 50/50, let alone guarantee a win at the casino.

As you may know, there are 3 types of Roulette winning strategists, among which are:

- betting systems (with a bet size changing)
- game systems (with a type or place of the bet changing)
- combined ones - betting and gaming (combining elements of the previous two types)

Using casino strategies and game systems gives an indisputable advantage to all players. One can try to cheat Roulette by combining different methods and strategies but in the long run, the player is still doomed to lose.

The best way to beat Roulette

It's almost impossible to win Roulette all the time, but you CAN beat it.

You just have to use all programs and strategies at hand and not be afraid to experiment and try over and over again. This is the only way to succeed at Roulette!

If you plan on making every effort to cheat roulette, try using the whole arsenal of tricks. But don't play for too long. Game sessions must be short and alternate with long breaks.

How to win at Blackjack?

Blackjack is the only casino game where the chance to win isn't constant and can fluctuate strongly depending on the player’s skills, rules of the specific casino, and the cards.

With the basic game strategy and card count, the probability of winning Blackjack is close to 50%, which in some cases even gives the player a better chance of winning than losing.

Basic gaming strategy

Edward O. Torp, An American mathematician, has calculated all the possible outcomes of Blackjack and appointed the best move to each card that allowed him to win at the casino.

This strategy was called 'Monte Carlo' or the Basic Blackjack strategy. It was published in the academic edition, 'Beat the Dealer. A Winning Strategy for the Game of Twenty-One»

E. Torp and his friends and students would go to Las Vegas every weekend and outplay the casino.

By the way, the movie '21' (2008) featuring Kevin Spacey is based on the true story. Edward Torp was the prototype of the protagonist, the mathematics professor.

The mathematically sound and proven game algorithm has brought huge benefits to professional players. Until now, experts unanimously confirm the high efficiency of the Basic Strategy game.

If you want to play Blackjack successfully, you must be familiar with the Basic Strategy! That is the key to victory.

Counting cards

The specific feature of playing Blackjack is that with each card, the whole deck changes its composition. If the Ace of spades comes out, it will not fall out a second time. And if all the Aces came out, you can forget about the 'Blackjack' combination, which makes a game with such a deck unpromising.

This is what card counting systems are based on. By knowing the approximate composition of the deck, the player can win more.

Useful card counting systems are based on the division of the deck into cards, beneficial to the player (tens and aces) and cards, beneficial to the casino (small cards of 2-6).

Tens and aces offer the highest game combination - 'Blackjack', thus increasing the probability of 'going over'.

Typically, there is no need to memorize all the cards used as they are counted in groups.

Software for winning blackjack

As you can see, it is not so easy to count cards. This requires solid mathematical skills, great memory, and extensive experience.

However, with the help of special software, even beginners can correctly count cards and start winning Blackjack.

There are very few nice programs for counting cards at the moment but there is still much to choose from. Lazy BlackJack remains the best of the free programs for many years.

How to beat slots?

The chances of winning at the casino slot machines are even lower than when playing Roulette. This is especially true for slots with a progressive jackpot, where the probability of winning falls below 40%.

There are, naturally, cases when due to the jackpot size players can expect to win. However, very few people have such an amount of money and human resources to cover all the slot machines that form the jackpot and play them until the jackpot is hit.

Of the slot machines, you should only choose a videopoker where the chance of winning is close to 50%. It is indeed possible to win at the casino if you play the game correctly.

We would like to draw your attention to the fact that you can win videopoker not in every casino and not on all machines. Be sure to avoid video poker with the jackpot, of course.

How to withdraw your winnings from the casino?

Winning money is only part of the business. You still need to get your winnings. And it's not always as simple and easy as one might wish.

Oftentimes, players trying to deceive the casino become the victims of deception themselves.

Just keep in mind a few simple rules to avoid fraud and outwit the casino:

1) Play only in reliable and trusted casinos. Major gambling houses are supervised by licensees and independent auditors. Non-payment of winnings on official websites is excluded.
2) Be sure to provide accurate data when registering in the casino and use only your accounts for deposits and withdrawals of won money.
3) Please carefully study all restrictions related to the bonus policy and withdrawal limits.

So, to sum it up,

if you want to win at the casino, you need to avoid slot machines, roulette, and craps.

You can outplay the casino in blackjack only if you follow the Basic Strategy and count cards.

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