4/11/2022»»Monday

Making Money Online Casino

4/11/2022
  1. Feb 23, 2019 10. Don’t Stick to One Casino Site. If you want to make money at casino, this doesn’t mean that you have to stick to one casino site. Online casinos are not like land-based casinos and you can switch to another casino in a matter of seconds. The best casino players out there are members of two or more casino sites.
  2. Online casinos have become some of the biggest industries for earning money with easy and simple procedures. There are various types of games available on such online casinos like various types of card games, poker, blackjack, and roulette. You can also play these games on your mobile devices. You will find players of various backgrounds and abilities that are earning more money than people.
  3. Apr 07, 2021 Online casino bonuses are an excellent way to entice new players to sign up at gambling sites. Not only are they a critical decision-maker when it comes to the online casinos you go with, but the extra money gives you more cash to play your favorite games.

How to make money at casino is a common question these days and if you are looking for an answer to this question look no further. It’s very easy to find a good casino site these days, but it’s not that easy to develop a good strategy that can help you minimize risk and maximize profit.

Money

Making Money Online Casinos, G Line Gambling, Casino Aladdin Cali Colombia, Playfree Slot Games On Line. The casinos win money because of mathematical advantage. If a person is making $10 bets on every spin wheel, and the wheel spins 25 times an hour then he is wagering $250 an hour. At the end of 4 hours of play, he will lose $50 (it is the percentage paid, 5% of $1,000).

In any case, it is possible to make money at casino, but you just need a good plan and discipline to stick to it. While it’s true that many of the casino games offered there are games of chance, it’s also true that there are good and bad players.

If you are a fan of casino games and you want to join a casino site, then you should spend some time learning more about the best ways to make money at the casino. You can use this article to learn:

  • How to play as well-informed players
  • How to make the best decisions
  • How to avoid unnecessary risks

So, do you want to learn the best ways to make money at the casino? We will highlight a few proven ways that can help you.

1. Select Casino Games with the Best Odds

First and foremost, you should know that not all casino games have equal odds. As a matter of fact, some of them have much better odds than others. For instance, online slot games have some of the worst odds you can find in this industry.

On the other hand, there are a few casino games with excellent odds. First of all, there’s blackjack, a card game with average odds that go below 1%. This is a simple game where you have to defeat the dealer, not other hands and a game that doesn’t require the development of a special strategy.

We should also mention craps as a game with good odds. If you play craps you can expect a 50-50 chance of winning a turn in this game where you are betting on a dice roll. Finally, we have roulette. This is a very popular casino game which comes in a few different versions. Regardless of the version, you have betting options like odds or even or black or red where you have 50-50 chance of winning.

As you can see, if you want to make money at casino, you have to get familiar with the odds. Of course, this is not the only thing that determines your success.

  • Check the odds of each casino game before playing it
  • Analyze the betting options you have in some casino games
  • Play very safe at the beginning

2. Choose Online Casinos with the Best Payout

Obviously, the online casino you’ve selected has an impact on your success as a player too. So, it’s wise to opt for online casinos with the best payouts. By best payouts, we mean fast payouts even for high prizes. The same goes for the percentage of player bets returned in the form of winnings after a certain period of time. This percentage is also known as average percentage payout.

There are independent bodies that are investigating these numbers. What you should remember is that in order to claim that they have the best payouts, the casino must showcase a payout rate of 95%. In some cases, online casinos have payout rates of almost 98%. Do some research and find a casino site that promises payouts close to these numbers.

  • Look for an online casino with a payout rate above 95%
  • Use online casinos with fast payouts
  • Join a licensed casino

3. Choose a Casino Site with a Generous Bonus Offer

One of the main reasons why online casinos have become so popular these days is the fact that most of them have exceptional bonus offers. Every guide that talks about how to make money at casino should mention the bonuses as one of the ways to do this. In other words, players should use casino bonus money whenever they can.

It’s good to know that there are different kinds of bonuses out there. For instance, there is a welcome bonus for new players and there’s a loyalty bonus for regular players. Read more about these bonuses before you use them. Another thing that is very important is to select an online casino which doesn’t have impossible wagering requirements.

A rollover of up to 50 times should be your higher limit. The best online casinos have rollover requirements of 20 or 25 times. Additionally, you can get a no deposit bonus which doesn’t come with absolutely no risk for your money. Take some time, conduct research and find the casinos with the most generous bonus offers.

  • Select an online casino with a good welcome and regular bonuses
  • Watch out for the wagering requirements
  • Learn more about the different kinds of casino bonuses

4. Select Low Variance Casino Games

Some players may be sad to hear that less volatile casino games are usually the more lucrative games. There are players may argue that high volatility casino games are more exciting, but you have to decide what’s more important to you – to have fun or to make money at casino. Of course, low variance casino games can provide both. Basically, you should look for a game that requires a longer period to win a prize, but it also requires lower wagers.

Of course, if you are interested in winning huge jackpot prizes and you can afford to lose more money in a short period of time, you can choose high variance games like online slots, video poker, bingo, and keno. On the other hand, table games like Pai Gow poker are casino games that are considered low variance games. Don’t forget that in some cases, players have a direct impact on variance because sometimes it all depends on their gaming style.

  • Stick to low variance casino games for long-term earnings
  • Table games promise solid returns
  • Avoid side bets and play conservative

5. Set Up a Budget

Joining a casino site and playing casino games takes just a few minutes. This is one of the advantages of playing online, but this doesn’t mean that you should do that right away. On the contrary, according to many experts, it’s always a smart move to set up a budget first.

Every casino player must know his limits before they invest their money in casino games. Money management is probably not the first thing that comes to your mind when someone mentions poker, blackjack or slots, but the fact is that if you want to make money at casino then you have to create a budget.

Obviously, you should never play with money you need to pay your bills or cover your everyday needs. As the old saying goes – play with money that you can afford to lose. Don’t forget that online casinos are available 24/7 and there’s no need to be in a hurry when visiting these sites.

  • Determine your financial limits
  • Don’t play with money that you can’t afford to lose
  • Be realistic

6. Learn More about the Games you are Playing

One of the things that make casino sites so exciting and popular is that you can get access to hundreds of games. Of course, not all of these games are different and there are a few categories of games you can choose from like table games, card games, dice games, electronic games, a game of chance and more. But what’s known for sure is that each of them has specific sets of rules.

So, before you start playing on a casino site, make sure that you understand the basics of the game you are interested in. It would be even better if you spend some time reading guides that can help master that game. Usually, it takes some practice and theoretical knowledge to master a game. It’s also worth mentioning that some games are better than the others when it comes to learning.

For example, we can’t compare a classic slot game where you only have to push a button and Texas Holdem where people can apply a myriad of strategies and tactics. Another good advice related to casino games and learning these games is to play one or two different types of games at once. If you are playing three or more different casino games a day, you can become confused easily.

  • Master a game you like
  • Stick to one or two casino games at a time
  • Choose a casino site which offers a variety of games

7. Know when to Stop

No one likes to be called a quitter, but there are times when you are playing casino games when you simply have to stop. The only reason why experienced players recommend this is the fact that you have more than your pride to lose here – you can lose all your money. But, what’s even more important is to understand that you have to stop even when you are winning. Many players have a specific time of the day when they are playing for a certain period of time.

It’s easy to get carried away and try to double or quadruple your earnings, but there’s no reason to test your luck because it will eventually fail you. In addition, you should never chase your losses or cover your lost bets. As we said before, a good casino player has a strategy and a plan and has to stick to it if he wants to make money at casino.

  • Limit your gambling activities
  • Don’t chase losses
  • Don’t try your luck

8. Use the Chance to Play for Free

If you visit a land-based casino, you have to place a bet in order to play. But, the situation is different when it comes to online casinos. Namely, most of these websites are offering free play sessions for their most popular games. This means that you don’t have to invest any of your money to play a game there.

Obviously, this also means that you won’t be able to earn money, but you should look at this as a way to earn money in online casinos in the long run. By becoming familiar with the game you want to play, you will have an opportunity to master it. You can try all of its features and use different betting options and see how they work for you. Spend some time using these casino games for free before you invest actual money.

  • Play for free in online casinos that offer free play sessions
  • In this way, you will get familiar with the gameplay
  • You can find many casino sites with offers like this

9. Choose an Online Casino with no Hidden Fees

In order to start playing casino games in an online casino, you have to place a deposit. In addition, once you want to withdraw your earnings you will have to pick a payment method. Generally speaking, all the online casinos have a few payment methods available for their players. But, what’s different in some of them is the fees. Most online casinos don’t charge fees on deposits, but the situation can be a little bit different when it comes to withdrawals.

The first thing that you should do is to check these fees. A reliable online casino should list these fees on a visible place. In the end, you should not notice any hidden fees in your balance. While you are there, you should also check the withdrawal procedure. Are you able to withdraw your earnings more than once per week? Are there any minimum or maximum amounts that you can withdraw?

  • Reliable online casinos don’t charge hidden fees
  • Look for online casinos with high maximum withdrawal amounts
  • Select online casinos with a good background

10. Don’t Stick to One Casino Site

If you want to make money at casino, this doesn’t mean that you have to stick to one casino site. Online casinos are not like land-based casinos and you can switch to another casino in a matter of seconds. The best casino players out there are members of two or more casino sites.

Making Money With Online Casino Bonuses

The truth is that many casino sites in the last few years have developed decent loyalty schemes with competitive points that make their use more attractive. However, this doesn’t mean that you should not join other casino sites. If you have an interest in a specific game, try to find an online casino that has special offers and deals focused on that casino game. Almost all the casinos have temporary bonus offers and using them can bring you a lot of benefits.

We should also mention that many online casinos have special offers for regular players that have stopped visiting their site regularly. They will try to keep your on their website by providing special deals.

  • Shop around and don’t stay in just one online casino
  • Look for special deals and offers
  • Use both welcome and loyalty bonuses

11. Choose Games with Smaller Jackpots

There are many casino games like slot games, roulette, and keno where you can find amazing jackpots. In some cases, these jackpots are worth hundreds of thousands of dollars. But, if you are interested in finding a way to win a jackpot like this, you will realize that you will realize that the odds of winning are extremely low. But, it doesn’t have to be like that.

When a player chooses a game with a smaller jackpot, the chances of winning are higher. This is a low variance jackpot game which is awarded more frequently. Of course, you can still place very small bets on games with impressive jackpot (progressive jackpot) prizes, but don’t hope too much.

  • Play safe for big progressive jackpots
  • Choose small jackpots over big ones
  • Calculate the winning odds

12. Stop Playing when you have a Problem

Finally, there are times when people are noticing that they have problems when it comes to gambling. They are becoming compulsive gamblers that are desperately trying to win high amounts of money. The easiest way to spot this trend is to analyze yourself.

Do you play casino games on a daily basis for more than a few hours? Do you feel dissatisfied when you are playing? If the answers to these questions are affirmative, then maybe it’s time to stop and look for help.

It’s always a smart move to read books and literature focused on problem gambling if you are planning on making money from this interesting activity. Learning more about this behavior can save you a lot of money, time and energy.

  • Stop if you have noticed the first signs of problem gambling
  • Read literature that can help you in situations like this
  • Consult an expert in this field and look for help

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During my years as a blackjack and roulette dealer I watched a lot of people lose a lot of money. I also saw a few players win money — I’ll get to that in a moment.

Oddly, most of my coworkers loved to gamble. You would think they’d know better, since all of their wages (and all those pretty buildings) are paid from gambling losses.

I didn’t (and still don’t) share their gambling habits. On the other hand, it can be fun to hang out in a casino, especially if they have free drinks.

So I understand why people might budget a little bit of money to lose at the slot machines or table games.

Of course it would be even more fun if you could do better than limit your losses, right? It would be great if you could make money at casinos.

Well, you can! And 44 states have casinos!

Here are ten ways to make money at casinos, along with some ways to save money by going to a casino, and — in case you need to satisfy your inner gambler — a way to risk a little money to win big.

Table of Contents

1. Become a Card Counter

Regular blackjack gives the “house” (the casino) an edge of about 0.5% to 3.0% depending on the rules and how well you play. However, at times the game is in your favor as a player.

Specifically, you have an advantage when the remaining cards include more aces and face cards than normal.

To know when this situation has developed you can track the cards using a simple plus-or-minus count, and then bet more when the count is right.

You can learn card counting in a few hours, but to be proficient while playing at a busy blackjack table takes many more hours of practice.

Keep in mind that casinos can ask you to leave, even though card counting isn’t illegal. Where I worked management tolerated small-time card counters.

They probably figured that having a few winners encouraged the less-disciplined players to keep trying. The edge from good card counting is only 0.5% to 1.0%.

So, for example, if you play at a table with a $5 minimum and alternate your bets between $5 and $50 (when the count is right), and there are 50 hands dealt per hour, you might bet a total of $700 per hour, for an expected profit of just $7 per hour (with a 1% edge).

Clearly, to make some serious money you have to be good and bet more.

By the way, having the odds in your favor doesn’t eliminate the ups and downs. I can tell you from experience that even the house, with a larger statistical edge, loses on some days.

So with bets of, say, $25 to $100, you may do well in the long run, but you have to stomach nights when you lose thousands of dollars.

Still, if you do it right, you’ll be ahead in the long run, so you’re working, or investing, not gambling.

2. Try Credit Hustling

Credit hustling is simply looking for leftover credits on slot machines. Players often forget and leave without cashing out.

On slow nights when I had no players at my blackjack tables, I used to watch credit hustlers checking the machines, and they sometimes found credits.

A Daily Mail article on people who live in the tunnels under Las Vegas reports on one couple that survives by doing this.

They once found more than $900 in a single machine, although finding a dollar or two is the norm.

While not illegal (if the credit have been truly forgotten and abandoned), casinos don’t care for credit hustlers, so you’ll normally try to keep a low profile.

3. Join A Players Club

Almost every casino has some sort of “players club” you can join for free.

Apart from earning points as you play, which can be redeemed for freebies of all sorts, you also usually get some rewards up front for signing up.

For example, many casinos offer “match play” money. That might be $5 coupons or chips, for example, but you have to bet $5 of your own along with each one.

You can lose, but when you win $10 for betting $5 of your own money the odds are with you even at the worst games.

If you round up enough of these deals you can be pretty sure you’ll make a profit playing just long enough to use up your match play.

Casinos may offer a free meal or other goodies for joining the club too, which at least saves you some money.

4. Take Advantage Of Promotions

The casino where I worked handed out out $10 in free play to everyone who walked in the door (for a while anyhow).

Some couples came every day to get $20, playing perhaps 50 cents each in the slot machines before leaving with the rest of the money.

When my wife and I lived in Florida we went to a casino where they gave us each $5 in free slot machine play, and a free dinner, and free wine.

The catch was we had to play at least 100 times, but at nickel machines with a 12% house edge the expected loss is only 60 cents (100 x 5 cents x 12%), so, by playing slowly, we left ahead (and full) every single time we went.

Watch for any promotions at casinos near you, and see if there is some way to turn a profit from them.

5. Become A Good Poker Player

When you play against the casino, the house has the edge, but when you play against other players, you can have the edge if you’re good.

There are plenty of online tutorials on how to win at casino poker, but keep in mind that the house takes a cut of every pot, so you have to be significantly better than the other players to come out ahead.

As someone who has won money at poker (and chess) without much skill, I can tell you that the key is to play against weaker players.

Going against stronger competitors might help you prove something, but if you want to make money, look for tables with weak players.

6. Play In Slot Tournaments

Slot tournaments usually involve playing to see who does best in a set time, using machines set up with fake credits.

These events encourage fast play and are meant to get people into the casino, where they might gamble their own money before and after the competition.

Googling “free slot tournaments vegas” turns up (at the moment) a couple options, including one tournament that cost nothing and has prizes of up to $500 in slot play (you may have to play it through a machine, and then you keep whatever you’ve won).

Even tournaments with an entry fee can be money makers, because the prize pool often significantly exceeds the total of the entry fees.

Make Money Online Casino

In other words, if you’re good, and you play in a dozen tournaments, you’ll probably win more than what you spent on entry fees.

7. Play A Biased Roulette Wheel

There are 38 pockets on an American-style roulette wheel, and a “straight-up” bet pays 35-to-1 when you win (plus you keep the bet). You can see that this is a losing proposition.

But what if, instead of each number coming up randomly 1-in-38 spins, some numbers came up more often than they should?

It happens.

When I ran a roulette table one of my customers made a profit of $80,000 over the course of 16 months or so. I met him at a coffee shop after I quit, to get the whole story. Here’s the short version:

He wrote down the winning numbers for 5,000 spins (it took weeks). The number 2 was winning an average of 1-in-28 spins.

He bet $5 repeatedly on that number. On average, he lost $135 for every 28 spins (27 losses), but won $175 (35-to-1 payout) when the number 2 came up, for a net profit of $40 per 27 spins.

There are various possible reasons for a bias, ranging from a sticky pocket (temporary) to manufacturing imperfections (a more durable bias).

The good news is you don’t need to know why a certain number comes up more often to take advantage. You just need to verify that it’s a true bias (which takes thousands of spins).

I’ll let others teach you more about biased roulette wheels, but I’ll warn you that it’s tedious work to find one, and even with an edge you’ll have losing nights (my customer sometimes lost over $700 in a night, even though he was far ahead in the long run).

8. Identify A Roulette Dealer Signature

Some dealers may habitually (unconsciously) repeat certain patterns when they spin the wheel and the roulette ball, which makes the winning pocket more predictable.

My experience? On a slow night with no players a pit boss and I each chose a number and alternated spinning the wheel and dropping the ball, betting a dollar for each win

I came out $14 ahead in couple hours, meaning I spun my number 14 times more than he spun his.

So I strongly believe dealer signature is possible, and even gambling expert Frank Scoblete agrees, but how often it happens in real play, and whether you can take advantage of it… well, who knows? But here’s what you might look for…

Note the number passing by at the moment the dealer releases the ball, and note the winning number. After doing this many times (with the same dealer) look for a pattern.

For example, a dealer might be so consistent (in the speed of the wheel and the ball) that the ball lands in a certain “section” of the wheel (in relation to the release point) more often than it should.

If it lands in a section that covers a third of the wheel, but lands there half of the time, you have a signature.

Now it gets trickier. If the target section is, say, the 13 numbers starting 4 pockets to the left of the release number, you have to identify the release number and quickly place bets on as many numbers as possible in the target section, before betting is closed.

Could it work? If not casinos wouldn’t be so quick to change balls, change dealers, and move roulette wheels when it looks like people are winning. Where I worked they did all three often.

Good luck!

9. Use Casinos For Business Networking

I heard a lot of conversations at my tables. Sometimes they resulted in players getting new clients or developing new business relationships.

And I learned about how to make money from scrap metal from one such conversation.

It’s common for players to talk to other players at a blackjack or roulette table, which makes a casino a great place to network and find new ways to make money.

And watching how players handle those stacks of chips in front of them can tell you a little about whether you want to do business with them or not.

10. Get A Casino Job

In 1994 I was making $14 per hour dealing blackjack and roulette. A BLS inflation calculator tells me that’s the equivalent of $24 per hour in today’s dollars.

And, in fact, a friend who still works at that casino says she makes over $20 per hour.

Dealing table games is just one of the many positions you might find at a casino near you. One of my coworkers started as a surveillance officer with no experience, and used the knowledge and experience gained to later build a successful business selling surveillance equipment.

Other positions include slot machine tech, bartender, waiter, cage worker (handling the money), and pit boss.

Also, working in a casino usually means you’re forbidden from gambling there, which might be a good thing for some readers.

Save Money By Taking Advantage Of Casino Freebies

Some casinos have free events at which they put out snacks or even full meals. Other casinos offer inexpensive meals at their restaurants. Watch for these deals as a way to save money on a night out.

Even the free drinks offered by many casinos can make for a cheap night out if you know what you’re doing.

For example, my wife and I play 5-cent slot machines, set the speed to “slow” (keno machines usually have three settings), and, by the time we have lost a couple dollars we’ve had a few drinks and some fun.

Turn $60 Into $600 By Betting The Right Way

Maybe you like to gamble, and you’re smart enough to limit your losses. But how you play still matters.

For example, with a $60 bankroll, if you bet $5 per hand at a blackjack table you can often play all night, but you’ll never be very far ahead at any point.

That’s great if you want to sit there and enjoy the free drinks.

But to win big you need to make bigger bets at some point. For example, if you’re $20 ahead, bet $10 per hand, and if you get further ahead, bet $20 or $40 per hand. To summarize:

Bet the table minimum when you lose, and bet more and more when you’re winning.

Most of the time you’ll lose your $60 faster this way (because you’ll often those big bets), but it gives you a chance to win big from time to time.

I saw many people turn $60 into $600 over the years, and not one player did it by always betting the table minimum.

You have to “press your luck” to win big. Just be sure to bring a limited amount of money, so your losses are not a big deal.

Final Thoughts

You may like to gamble, and if you limit your losses, it’s affordable entertainment. Even better, if you time your casino visits to coincide with promotional events you might get some free food and drinks.

And finally, if you’re willing to do the necessary work, you can even make money in a casino, and without really gambling.

If you know other ways to make money in a casino, share your ideas below … and keep on frugaling!