How to Cash in on Online Casino Bonuses

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The house always wins, or so the saying goes. This has been true since the first game was ever gambled, but what if something new came along to completely transform that? Yes, the house will always have an edge, but what if the player received a little something, perhaps a little bonus, that turned the tide? It’s a rare situation to find, but sometimes, with the right game and the right bonus, it is possible to claim the upper hand.

  1. Know the Numbers

Each game has a different house edge. The house edge for blackjack is around .28 with card-counting and .5% without. An odds bet on craps has an exact 0% house edge, and video poker has about a .46% house edge. All three of these are excellent odds compared to what else is out there. Combined with the right bonus, it is possible to turn the house edge into a player edge.

Keep an eye out for comp points. This is a small bonus for wagered money. If an online casino exchanged 100 comp points for $1 and awards 1 comp point for every $10 wagered, this offsets .1% of the house advantage. It’s not much, but it will help. To find out if a comp bonus is worth it, calculate points (1) divided by wager ($10) divided by the points needed for a cashable dollar (100).

Deposit bonuses are the best deals out there, but unfortunately they’re only available for the first 1-3 deposits at a new online casino. Typically, the greater the deposit, the greater the reward. If the numbers are on the player’s side, one such deposit is still risky but all in all a good idea. Perhaps a $5,000 deposit warrants a $100 cashable bonus. If all $5,000 is wagered, the bonus offsets 2% of the house advantage. To find out if a bonus is worth it, calculate bonus divided by deposit to get the percent.

Non-cashable bonuses will not help. These bonuses just sit in the account until it drops to $0.The money is never coming out the other side.

  1. Swallow Bite-Sized Bets

Even if the casino allows it, it is a bad idea to bet all of the deposited money at once. If all the money is gone in a few rounds, then there is a distinct possibility some of those valuable rounds will be failures. Here is a fact: The more individual bets that are made, the closer the percentage of wins will reflect the calculated average. It’s just math. If a coin is flipped 1,000 times, it will be heads about 500 times, and tails about 500 times. If the coin is flipped only twice or three times, it could well be tails every single time.

  1. Take the High Road

Taking advantage of bonuses is just seizing a good opportunity, but breaking the casino rules will just result in empty pockets. It’s tempting to create new accounts at the same casino to earn

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