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Gambling/General : Taking money out of casino pokets

By Alex Brooke

Level: Feb 9th 2007
Because of the big competition between online casinos they offer potential clients bigger and bigger amounts of play money to open an account.

These monetary incentives can be either:
  • a fixed amount ($100)
  • match bonus: the casino doubles your first deposit
  • percentage amount - they'll add a percentage amount on top of your first deposit
Some offers are really tempting but the house always wins because they know that players loose the bonus at the game tables and then invest bigger amounts than the first bonus. But the player can still make more money than the casino by playing perfect blackjack. Casinos have clever strategies and they don't just let you withdraw the bonus. You have to play several times so you can lose it.

If a casino gives you a $100 bonus and asks you to wager 20 times you would have to make bets up to $2000. Perfect blackjack will allow you to walk away from the casino with your initial sum and some extra cash.

The casino expects a 5% rate of win meaning 5 dollars on each $100 bet by the player. This applies in blackjack only. Basic blackjack strategy can reduce that percentage to 1%.

So let's say you deposit $100 and get $100 bonus and you have to wager $2000. So bet $1 each hand and according to the bonus terms and you will only lose $20 and you can still cash out the $180 you have left. You actually take the money out of their pocket.

Try this operation at more than one casino and you might gather a nice amount.Many casinos give monthly bonuses so you can try this every month. There will be times when you will lose but also times when you will win more than in the example above.

The thing is you have to play by basic blackjack strategy and never gamble with money you can't afford to lose! Good luck!
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