Casino Promotions and How You Can Utilize Them to Profit

Casino Promotions and How You Can Utilize Them to Profit

Whether you already exploit a good amount of newest casino bonus offers or if you have never utilized a casino bonus in your entire life, this article is sure to make you think in a different manner.

Though online gambling has been the downfall of many a person, we have designed this article to teach you that it doesn't have to be so.

With each and every casino deal or deposit bonus, you can take advantage of them to make a long-term gain.

No, indeed you can!

If you're keen on learning more, please keep reading all the way to the end of this post. 

What Are Casino Offers?

Casino promotions come in a variety of different forms.Maybe they are welcome bonuses, deposit bonuses – in fact, with some websites, you can even get a no-deposit casino bonus – or more commonly 'reload' bonuses.Recharge offers are what we call the offers which are sent to existing clients as an effort to encourage them to return and use again a casino (or bookmaker).

Bonuses also range from 10% all the way to 500% bonuses – the latter being if you deposit £100, you'd have £600 to gamble.

These casino bonuses always come with ‘wagering’ requirements. This means that, depending on the casino and the size of the bonus, you’ll have to rollover a certain quantity of money. These rollovers or wagering requirements usually range from 20x bonus all the way up to 35x deposit + bonus.

For example, if an offer was a 100% deposit match up to £100 with 20x bonus wagering, you’d deposit £100, receive £100 extra on top, and you’d have to complete £2,000 worth of spins on slots.

If the same deposit match had a 35x deposit + bonus rollover, you’d need to do £14,000 worth of spins.

How to Exploit Casino Offers

Most of the bonuses today are designed to make you lose money, short term or long term.

This is even with a no deposit bonus.

The casinos are using the offers as an investment for getting you as a long term player, and they recover their investment either short term if you lose, or long term if you do win initially.

But they are loss leaders.

This is to say that, overall, they will make a loss on most of the offers they promote – especially their welcome offers – in the expectation that you lose sufficient amounts of money in the long-run to cover the initial expense of signing you up as a customer.

Fortunately, with a bit of maths brains, you can calculate how much money the average player can win with a casino's conditions; what type of bonus you can get, the value of the bonus, which games qualify, and the conditions that need to be fulfilled before you can withdraw. 

We're going to walk you through precisely how you find and win with casino offers in this piece.

EV Calculators for Casino

There are few EV calculators out there, but none of them are appropriate for the task.

It is because you do not need a simple calculator, but a simulator rather.

A calculator cannot include crucial variables like your slot variance and spin size, among others. Calculators simply offer you the possibility to input your bonus size and an RTP of a slot; that yields wildly wrong results.

But luckily there is a website named Profit Maximiser which provides you (and us!) with the figures behind all of the casino offers that are ever operated. Not only this, but they do list all of the offers they can find too, so you can finish as many potentially rewarding offers as you can.

Using their website, you can see if an offer is a good use of your money and time.

If you don't require their complete membership & service (our highest rated casino-related product on the entire site of Beating Betting in fact) then you can purchase EV Maximiser – made by the same company – to perform the offers yourself.

Variance

These offers are related to something called variance, and you will need to have the bankroll in order to be able to handle swings.

What that really translates to is that, as opposed to your slow and consistent build-up of your bankroll through matched betting, you are going to go through the same ups and downs as in poker – though much safer because you can't make mistakes or poor decisions.

Can't You Do All This Yourself?

Of course! You can certainly do everything by yourself. But how would you even know that an offer was plus EV or minus EV?

Some are worth it even when they are 60 times roll-over, but others are crap even at 25 times roll-over. Some offers are superb regardless – but the game that you play will make a huge difference to how much profit you can expect.