How To Get More Cash From Online Casinos
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- 8 Aug, 2024 |
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If a stranger walked up to you asking for $50, what would your immediate response be? You would probably ask what they need it for. Now, imagine they tell you they will triple the $50 and give you $150 back. Intrigued, right? What would you reply? Many people would take the deal, and studies confirm this.
So, what's the point of this analogy? It's to highlight the allure of online casinos today. Objectively, they operate on the same principle. The major difference is that although the analogy isn't inherently complicated, making substantial winnings at online casinos can be quite tough.
How can you overcome this hurdle and begin to increase your profits at your favorite bookmaker platforms?
Choose the Right Games
Figuring this out already gets you past almost half of your hurdle. It might seem obvious, but this is one of the biggest obstacles between most bettors and their millions. Although casino games are designed to be fair and random, they are far from equal. When saying “equal”, I refer to the player advantage the games offer.
Some games tilt the odds more in your favor, cutting the casino’s advantage. For example, strategic play in blackjack and video poker can significantly lower the house edge. In contrast, games like slots and roulette tend to benefit the casino more. But only if you play for an extended period. Plus, some slots have a high Return to Player rate (RTP), meaning you are more likely to see returns on your bets.
As a big fan of slots (and a sucker for winnings), I choose titles with RTP of 90% and higher. For example, one of my latest favorites — Wonder Reels Slot at Everygame Casino — brought me a win in just a few spins. And it’s no wonder, given the game’s impressive 96% RTP.
However, don’t just chase lower-edge games if you’re not comfortable with them. My advice is to stick to the ones you know well and enjoy. Remember, it’s about having fun and increasing your chances of winning within your comfort zone.
Leverage Bonuses and Promotions
Bonuses and promos of all kinds are de-facto free money at online casinos. Sometimes in a very literal way. Let’s consider a no-deposit bonus. They are rare but some casinos have them on offer to let players try games with zero risk. I use this type of bonus to play high-variance games like progressive slots, which offer massive jackpots but come with lower odds.
On the other hand, let’s say, you played and lost. Loss is an inevitable part of gambling if you’re in it long enough. And here comes the cashback made to return a portion of your losses. Imagine losing $100 but getting 10% cashback. You have another $10 to continue gameplay (or save it for later – also a good way to go). That’s not a lot but at the very least, you won’t lose it all.
Rakeback is another great benefit, especially in poker. This system returns a percentage of the rake (the fee taken by the casino from each pot) to you. This effectively lowers the cost of playing and gives you more chances to win. For example, if you accumulate $500 in rake over a month and get 5% rakeback, you receive $25 back.
Other ways to increase your bankroll include:
• Welcome bonuses
• Match deposit bonuses
• Free spins
• Reload offers
Weekend and holiday special promos
Some casinos even feature customized loyalty or VIP packages. For example, as a regular on LuckyWins, I receive new bonuses and custom offers in my inbox every week. Among my favorites, are casino tournament cash prizes. For me, joining a tournament is not only about the sense of community but also the increased chance of winning (as prize pools are pretty impressive).
Understand the Casino Edge
This concept right here is the major hindrance behind your lack of massive wins at online gambling hubs. Why? Let’s first figure out what “house edge” is.
House edge or casino edge is a built-in advantage that favors the house (casino). With this in place, the bookie will most likely come out ahead in the long run. It feels like a deal breaker, doesn't it? In fact, it’s not always the case. With the right information, making huge wins while gambling online is possible.
First, remember the house edge varies by game. For example, in European Roulette, it’s about 2.7%. You can calculate it using this formula:
House Edge = (Total Amount Lost by Players / Total Amount Bet) x 100%.
The formula implies that if players bet a total of $1,000,000 and lose $50,000, the house edge is — (50,000 / 1,000,000) x 100% = 5%. I usually use tools like Wizard of Odds or Casino Guru to analyze the whole thing. It makes my gambling sessions more informed (and most often — more profitable).
Master Game Strategies
There's a common pitfall almost every new gambler runs into — thinking you could make wagers based on pure luck alone. While this might work at first, in the long run, you'll need some strategies to truly optimize your winnings.
This is especially true for games like poker and blackjack. For instance, without understanding tells and cues in poker, playing against someone who has mastered this strategy will most likely result in your loss.
Although there is no fail-safe strategy that can guarantee wins, it's definitely better to be armed with one than not.
Online Poker Strategies:
• Track Opponent Behavior: Many online poker rooms offer features to take notes on opponents. Pay attention to their betting patterns and tendencies.
• Bluffing Online: Online bluffing relies more on betting patterns than physical tells. Mix up your play to keep opponents guessing.
• Utilize Position: Your position relative to the dealer button is crucial. Players in later positions have more information, allowing for better decisions.
Online Blackjack Strategies:
• Card Counting Tools: leverage card counting software tools designed for online play such as CVBJ, BJA, and LTD apps.
• Bet Sizing: Adjust your bets based on your confidence in the hand, but always manage your bankroll to avoid significant losses.
• Avoid Side Bets: Online blackjack often offers side bets with high house edges. Stick to the main game for better odds.
• Bonus Tip: Time Your Play
Believe it or not, the time you choose to play can impact your success at online casinos. Here are some more quick tips:
1. Peak vs. Off-Peak Hours:
• Peak Hours: Evenings and weekends have more players, which is great for poker with more opponents but also more competition.
• Off-Peak Hours: Early mornings or late nights mean fewer players, better for slots, and quicker customer support.
2. Special Promotions:
• Check for "Happy Hour" promotions offering extra bonuses or free spins. These often occur at specific times.
3. Jackpot Timing:
• Progressive jackpots grow until they hit. Play when the jackpot has been building for a while for a chance at a big win.
4. Player Activity Trends:
• Use trends to your advantage. Major sports events and holidays often bring special bonuses and promotions.
I hope these tips will help you maximize your chances of winning and make the most of your online casino experience. Happy gaming!