Matched Betting Casino Strategy
Casino offers can provide an additional revenue stream alongside the profits you make from sports offers. Casino offers work differently to sports offers in that no betting exchanges are needed and there is often some risk involved with your own money. However, many casino offers are low-risk meaning that you stand a good chance of making a profit in exchange for risking a small amount of cash.
Given the number of casino offers available on a daily basis, if you stick at it, you should be able to increase your matched betting profits by a considerable amount. Matched betting works by cancelling out the risk on the 'back' bet at the online bookies by betting against yourself at the same odds (know as 'laying' a bet) which you can do at a betting exchange. In other words, you are 'matching' your bet. They offer training such as advanced casino strategies, unique dutching strategies, and include an advanced casino EV calculator. For beginners, their in-depth training teaches members what matched betting is, and strategies on how to maximize their site for profit. The Best Matched Betting Strategy - Maximise the Profits From Your Matched Bets August 16, 2019 In matched betting the ultimate goal is to win a bookies bonus, using arbitrage as a means to get it. Bookies provide us with welcome bonuses, which we can use to our benefit. A significant amount of money can be made from matched betting the various free bet and other welcome offers available to new customers. Once these new customer offers have been exhausted, there are daily offers available to existing customers which can also return a good profit using various matched betting strategies.
Below is a list of casino-related articles which will help you get started with casino offers. If you are already educated in low-risk casino offers then you can jump straight to the new customer offers section which contains a list of casino offers with a positive expected value.
CASINO GUIDES
GETTING STARTED WITH CASINO OFFERS
Many matched bettors have never done casino offers before and some have never played casino games online. It can be quite daunting venturing into casino offers for the first time since they don't always return a profit and sometimes you can actually lose money.
Wait...I can lose money with casino offers?
Casino offers work differently to the majority of sports offers in that you never know how much your returns will be.
So why do people do them?
It all comes down to 'Expected Value' which you may see labelled as 'EV' on matched betting sites.
Expected Value is the amount you can expect to make from an offer on average. It's not the amount that you will make from an offer every time but if you played that offer an infinite number of times, the EV is the average profit you can expect to make.
A good way of explaining this is with the toss of a coin.
If you bet on heads and I bet on tails, you would expect that we would both win 50% of the time. Although, it wouldn't be uncommon after 10 spins for you to win 6 times and me to win 4 times or you to win just once and me to win 9 times. However, the more tosses of the coin we do, the more it will average out to close to a 50% win rate each. This is the law of averages.
The same goes for casino offers and EV.
If the EV of an offer is £10, you may win £20, £50, £5, £3.50 etc and then lose £3.5, £50, £1, £15 etc but if you were to play that offer over and over again a number of times, your profit would average out to £10.
Another example is how casinos make money.
Casinos have a house edge on every game. For blackjack it's around 0.5% and for roulette around 2.5%.
If we take blackjack as an example - On average, the casino will make £0.50 profit from every £100 staked, £5 profit from every £1,000, £50 from every £10,000 etc. Although, there's nothing stopping you walking into a casino, winning five hands in a row and leaving with a profit. However, the longer you play, the more the law of averages comes into play and the closer to the 0.5% profit the casino will get. That's why casinos simply want you to play for as long as possible as they know that they have the edge and will eventually come out on top.
When playing casino offers, providing they have a positive expected value (+EV), it is you, the player who has the edge and not the casino and so the more +EV offers you do, the more your profits will average out to the amount of the expected value total.
We recommend starting with either risk-free or low-risk casino offers until you have got used to them and understand EV and how casino offers work. Given the number of casino offers available on a daily basis, if you stick at it, you should be able to increase your matched betting profits by a considerable amount.
Whether you currently make use of a lot of casino offers or if you’ve never used a casino bonus in your life, this post is guaranteed to change the way you perceive slots, online roulette and more.
Whilst online gambling has been the downfall of many a person, we have written this post to teach you that it doesn’t have to be that way.
With every single casino offer or deposit bonus, you can exploit them for a long-term profit.
No, really.
If you’re interested in finding out more, continue reading right to the very end of this post.
Table of Contents
Matched Betting Casino Strategy Poker
What Are Casino Offers?
Casino offers come in several different forms.
They might be welcome offers, deposit offers – you can even get a no-deposit casino bonus with some sites – or commonly ‘reload’ offers.
Reload offers are what we call the offers that are sent to existing customers in order to tempt them back into re-using a casino (or bookmaker).
Offers tend to range from 10% all the way up to 500% bonuses – the latter meaning if you deposited £100, you’d get £600 to play with.
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.
Sounds impossible, right?
Keep reading…
Why This Guide is Unique
Most posts or pages out there that feature casino sign-up offers are crammed full of casino affiliate links.
They feature these offers and bonuses so that you click through their link, and then they hope you continue to lose money on the casinos and in turn they get a percentage of your losses.
Affiliating for casinos is big business.
This is why you will find so many sites out there competing to do the same thing – don’t believe me? Try Googling ‘BGO sign up offer’, or the name of any other casino for that matter.
In fact, I’ll save you the time with this screenshot:
5 stars here, 5 stars there…
…and not a single site being honest about the fact they just want you to lose money on the casino so that they can profit from you.
That’s where we’re different.
You will find zero affiliate links to online casinos in this post.
In fact – we’re the complete opposite of those sites.
We’re here to teach you how to get PROFIT from the casinos, not tempt you to make losses for our own gain.
We’re sick of seeing these greedy bookmakers and casinos taking money from those wanting a better life.
That’s why in this post, we will teach you exactly how to make profits (well, positive EV, or Expected Value) on casino offers long-term.
How to Exploit Casino Offers
A lot of bonuses out there are designed to make you lose money, either short-term or long-term.
This is true even with a no deposit bonus.
The casinos treat the offers as a cost of acquiring you as a long-term customer, and they recoup their money either immediately if you lose, or long-term if you initially win.
However, they are loss leaders.
This means that, overall, they will lose money on the majority of the promotions they run – particularly their sign-up offers – in the hope that you lose enough money in the long-term to pay for the upfront cost of acquiring you as a customer.
Fortunately, thanks to a bit of clever number work, it is possible to work out how much of a profit the average person should generate based on a casino’s terms; the type of bonus on offer, the value of the bonus, the eligible game types, the wagering requirements, and more.
In this post, we’re going to cover exactly how you find and make profit via casino offers.
EV Calculators for Casino
There are a few EV calculators out there, but the majority of them are not fit for purpose.
This is because you don’t need a simple calculator, but a simulator instead.
A calculator cannot take crucial variables into account like your spin size and the variance of the slot, amongst other things. Calculators typically just allow you to input your bonus size and a slot’s RTP; this leads to wildly inaccurate results.
However, fortunately there is a site called Profit Maximiser which gives you (and us!) the numbers behind all of the casino promotions that are ever ran. Not only this, but they list every offer they can find too, allowing you to complete as many potentially profitable offers as possible.
By using their site, you can determine whether an offer is a worthwhile investment of your time and money.
If you don’t want their full membership & service (which is actually our highest recommend casino-related product on the whole of Beating Betting) then you can pick up EV Maximiser – released by the same company – to simulate the offers yourself.
That’s available for the lowest price here.
Variance
These offers involve something called variance, and you do need to have the bankroll to be able to handle swings.
This means, rather than building your bankroll slowly and steadily like you do with matched betting, you will have similar swings to in poker – although there is much less risk involved as you can’t make mistakes or poor decisions.
Here’s a graph that hopefully demonstrates what we mean a little more clearly:
With matched betting, you have a steady increase from a small bankroll over time because of it being no-risk.
With casino, you’ll need a bigger bankroll to start with, and you will see periods of losses as variance plays out.
However, as long as you continue to complete offers over a long period of time, you give yourself the best chance of coming out in profit.
This is because of how EV (Expected Value) works.
In simple terms: this is the average amount of profit that you would receive if you completed the offer millions of times.
For example, let’s say there is a ‘deposit £100, get £200’ casino bonus, and it has an EV of £88 (calculated and listed on the Profit Maximiser site).
Here’s a recent win we had sent in to us from a reader:
You could make £1,000. You could lose £100…
…and you will lose the £100 more often than you hit a big win.
However, if you were to complete the offer a million times (unlikely, but this is how EV works) you would have a profit level somewhere around £88 x one million, or £88,000,000.
Most people will complete hundreds or thousands of offers over a period of months or years.
The smaller your offer sample is, the more variance can affect you either positively or negatively.
Variance can be kinder to some rather than others, but everyone should end up in a good profit as long as they hit a good level of volume.
One person, shown in our Profit Maximiser review post, won almost £600,000 from a single 20p spin.
You should never expect to hit a life-changing win like this, but in the back of your mind you can know that it’s always possible.
How Often Should You Expect to Bust Out?
A lot of people think it seems unlikely to complete wagering on an offer.
For example, you deposit £20 and get a bonus of £20, and you have to complete £500 worth of spins before you can withdraw.
Is it unlikely to complete the offer?
Yes.
It is absolutely unlikely that you will complete it.
However, it’s not about how likely you are to complete that one offer, it’s all about how much profit you should expect to make from the offer on average (known as EV, or Expected Value) after completing a lot of offers.
If you were doing the offer above on £2 spins, you would expect to bust out around 81% of the time on a 96.5% RTP medium-variance slot, but you would take £12.60 in EV.
With high expected bust rates, it’s not uncommon to go on losing streaks.
How to Find Casino Offers Worth Thousands
Profit Maximiser list all of the offers on their site.
This is hundreds of offers every single month from over 100 different bookmakers and casinos.
Matched Betting Casino Strategy Tactics
These comprise of sign-up offers – welcome bonuses, no deposit bonuses etc. – and casino reload offers; offers for returning customers.
The EV is calculated and posted alongside every offer by the site themselves.
They also discuss the offers in detail via their private Facebook group.
Access to both of things is private, and you can’t get access to them without paying their membership fee – unfortunately these things aren’t free!
However, the owner of the site – Mike – is so determined to give value for money that he tries to help all subscribers recoup their membership fee back within three days.
Full yearly access costs £99+VAT, but you can get full premium access for just £1 via this link.
He helps you to get this money back via low-risk, tax-free offers that he posts on the site. You are uaranteed to make a profit from these instantly if you follow the instructions, meaning your membership fee gets covered very quickly.
The offers have two types of profit:
Low-risk profits. You are virtually guaranteed to make a steady & consistent profit on these as long as you follow simple instructions.
EV profits: an average profit value you should expect to receive from an offer over an extended period of time.
Casino offers are rarely guaranteed profit on one attempt – although you can get virtually risk-free offers such as 100% refunds on losses up to a certain amount (usually £10 to £20).
If you continue completing the casino offers that are listed on this site, you will make a significant tax-free income to boost your bank every month.
Can’t You Exploit These Offers Alone?
Absolutely!
Matched Betting Casino Strategy Games
Of course you can do all of this on your own.
However, how would you know if an offer was plus EV or minus EV?
Matched Betting Casino Strategy No Deposit
Some offers can be good value even if they’re 60 times wagering, whereas some can be poor even with only 25 times rollover.
Other offers can be great regardless – but the slot you choose will massively affect the level of profit you should expect to receive.
How would you know which slot to pick?
Opting for high RTP (Return to Player) slots is advisable, but did you know that choosing a lower RTP slot can sometimes be a better use of your time than the higher ones?
Without the help of Profit Maximiser, a lot of it becomes guesswork and you will likely make poorer financial decisions as a result.
The alternative is of course to simulate/calculate your own figures using the cheaper EV Maximiser software.