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HOW TO WIN IN ONLINE CASINOS: EASY GUIDELINES |
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FROM ET FAN: 
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HOW TO WIN IN ONLINE CASINOS: EASY GUIDELINES By Arnold Snyder © 2005 Arnold Snyder
More Information on How to Win in Internet Casinos The basic premise is simple: You deposit money in an Internet casino account. Let’s say it’s $100. Because you are a new customer, the casino adds a “bonus” of an extra $100, so your account now reads $200. Hey, that’s great! Let’s cash out now! Yeah, right... It’s not quite that simple... You can’t withdraw your funds yet. If it was that easy to make $100, the Internet casinos would have all gone broke long ago. The casino requires you play a certain amount before you can withdraw your funds. We call this the wagering requirement. How much do they require you to wager? You look at the casino’s Terms and Conditions, which you’ll find from a link on their home page or promotions page, and you see that at this particular casino you have to wager five times the amount of your deposit and the bonus money combined. Then you can withdraw any amount of your deposit and bonus that’s left, plus any winnings from your play. That wagering requirement will be strictly enforced. If you withdraw any funds prior to meeting this requirement, the Terms and Conditions may specify that you will lose the full amount of the bonus and any winnings from your play. (Some Internet casinos won’t allow any withdrawal of funds before meeting your wagering requirement—not even of your original deposit.) So, you multiply your $200 (your deposit plus bonus) times five, and you realize that you must wager $1000 before you get to keep any amount of the bonus that’s left after this gambling, plus any winnings you have during this play. You may wager this $1000 any way you want. You may place ten $100 bets, or two hundred $5 bets, or a thousand $1 bets, whatever you prefer, so long as you put a total of $1000 into action. Is this a good deal? Yes, it’s a very good deal since this casino allows you to play their 6-deck blackjack games, where the house advantage is only one-half of one percent (0.50%) over a basic strategy player. And you know basic strategy! (If you don't know basic strategy, you can follow the Correct Blackjack Basic Strategy on a Wagering Requirement Chart available at Blackjack Forum Online.) Or they let you play video poker or Pontoon, with a similarly low house edge. Or the bonus is enough to cover the house edge on a variety of other games of your choice. You pull out your calculator and quickly determine that one-half of one percent of $1000 is only $5. That means that if you play perfect basic strategy until you’ve given them a total of $1000 of action, you would expect to still have $195 remaining, for a $95 profit on your $100 investment! Not bad! So, you play through your $1000 in action at their blackjack tables, but unfortunately, you have a bad run of cards, and you wind up with only $165 in your account at the end of your play session. Well, a $65 profit is at least a profit, and you know that in the next casino you may have a good run of cards, leaving you with more than your $95 expectation. In the long run, you’ll sometimes win more than your expectation, and sometimes less, but for every time you play a bonus like this, you’ll average a $95 profit. That, in a nutshell, is how it works. The bonus money that the Internet casinos give to new players is worth more than the cost of meeting their wagering requirements. Let’s get familiar with some of the terminology used by Internet casino professional gamblers. Definition: The deposit is the amount of real money you deposit with the casino or poker room cashier for the purpose of wagering on their games. Definition: The bonus is the amount of funds the casino or poker room adds to your deposit that you may also use for wagering. Definition: The wagering requirement is the total amount of money you must bet in the casino before you are allowed to withdraw either the bonus funds, or winnings from using the bonus funds, or both. (Poker rooms may have slightly different requirements, such as a minimum number of raked hands.) You’ll find the details of the wagering requirement in the casino or poker room’s Terms and Conditions. For convenience, we abbreviate all of these terms. The Terms and Conditions are the T & C. The wagering requirement is the WR. The deposit is D, and the bonus is B. If our WR is five times the deposit plus bonus, we would say that the WR is 5DB. Some casinos state their wagering requirement as a multiple of the deposit alone. If a WR is ten times the deposit, we would say the WR is 10D. Get used to these abbreviations because you will use them for every Internet casino you visit. The Loot & Scoot Process in a Nutshell Here’s the basic process for making money playing in Internet casinos, from getting in to getting out: 1) Open a Neteller or Firepay account by following the simple instructions at Neteller's web site or Firepay's web site. 2) Get information about what bonuses Internet casinos are offering. 3) If you see one that looks good, you click on it to get the details. 4 ) If the details still sound good, you go to the Terms & Conditions page to find all of the terms you must adhere to in order to meet the wagering requirement. 5 ) You then multiply the deposit and/or bonus by whatever factor the T & C specify as the WR to find the total amount you must wager. 6) You then check the T & C to see if any of the casino’s games are disallowed from qualifying for the WR. After you find what games are allowed, you multiply the WR times the house percentage against you, to find the cost of playing the game to meet the WR. 7) If the profit looks reasonable based on the amount of time you estimate it will take you to meet the WR, you check the T & C to see if the bonus is automatically entered into your account, or if you have to jump through any other hoops to get that bonus. For example, some casinos specify that you must enter a “code” to apply for the bonus either before or after depositing your funds. Others may require you to email a request for the bonus. Or you may be required to bet a small amount of your own money before the bonus funds are added. Some may state that the bonus will automatically be added to your account, but that it will not appear in your account for some number of hours. 8) After ascertaining the hoops you must jump through, you make a record of all the details. 9) You now deposit funds with the casino cashier via your Neteller account or Firepay account, and proceed to jump through any hoops necessary to get your bonus credited to your account. 10 ) Finally, you enter the casino and play your game of choice, keeping track of the total amount of money you bet, so that you know when you have met the WR. 11) You withdraw your funds and celebrate (but only after recording all the details. Always keep a record of details and withdrawals until you've gotten paid.) 12) You can make a lot of money playing in Internet casinos, and it's fun. Just be sure to follow the advice above and play only in reputable Internet casinos with good bonuses. 13) For more information on how to win in Internet casinos, read the articles in the Win Online Table of Contents, at the left of this page. If you have more questions on how to win in Internet casinos, we're here to help you. Just post your questions on our Online Gaming Forum. ♠ Back to Blackjack Forum Online Home or the Blackjack Forum Professional Gambling Library. For more excellent information on this topic, check out the Independent Online Casino Reviews at the Online Gambling Lounge. |
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Play Winning Blackjack or other games at Casino-On-Net Internet casino.
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Use this guide to win on blackjack or any game at online casinos. For more information on how to win in online casinos, be sure to read the Blackjack Forum article on Sticky Bonuses vs. Traditional Bonuses. |
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