- Profitable Casino Introduction
- 5 Profitable Casino Sign-Up Specific Methods
- World Best Online Casino Sites Sign-Up Opportunities
Profitable Casino Introduction
The House Always Wins
“The House Always Wins” is really true.
It’s theoretically impossible to beat the casinos due to the in-built house edge. The house edge (or advantage) is not a dirty trick or cheating but a legitimate financial structure that makes the casino a “Going Concern” as any other profit-oriented business.
Unlike skill-oriented Sports Betting (we discuss details of this point in Beat The Bookies By Knowing How Your Enemy Makes Money – Secret Of Odds), people can’t beat the casino where simple laws of probability govern the outcome of the games in the long term.
There is no such strategy as guaranteed winning, which you may see a lot on the internet.
Don’t get me wrong, I said it long-term. In the short term, you may win because of the variance.
Advantage Play EV (Expected Value)
The only exception is Advantage Gambling (or Advantage Play), which means we don’t count on luck but solely rely on mathematical advantage expressed in positive EV (Expected Value).
The easiest & most convenient Advantage Play is making the best use of Bonus. As long as we have the casino bonus, we can turn the casino’s edge into our edge.
When we say Casino Bonus, are you tempted by No Deposit Bonus? From the pure money-making viewpoint, it’s probably the worst promotion due to its extremely low probability to reach withdrawable cash.
Our Casino Guide shows you the full list of casino & casino bonus instructions such as the most profitable casino games, or best casino games to win money though, in this guide, we share the best profitable casino sign-up approaches in various scenarios.
5 Profitable Casino Sign-Up Specific Methods
Find our little-known 5 most profitable casino sign-Up methods. BTW, many of our approaches can apply to Cryptocurrencies casino sites that have been booming particularly spurred by Provably Fair Bitcoin Games. The below guides will ensure your success in the crypto casinos, just FYI;
- for those who are not familiar with crypto betting, see How To Gamble with Cryptocurrencies
- If you think much of privacy, List of the Best Anonymous Bitcoin Casinos & Bonuses
- In case you’re from the USA, Best Crypto Sportsbooks for Americans
- obviously, you don’t want to miss the info contained in the “List of Best Bitcoin Casinos All Types of Bonuses“, which includes BTC Casino No Deposit Bonuses, our GEM Crypto Exclusive Bonuses, BTC Reload Bonuses, & BTC Faucet, etc.
1st Method: Keep Away From No Deposit Bonus
It’s not surprising that people like NDB – No Deposit Bonus. It is 100% risk-free because you don’t need to use your own money. However, there are a few critical pitfalls.
Theoretically Almost Impossible To Get Real Profit
As you imagine, every casino set difficult conditions that don’t allow you to walk away with a profit. The typical one is a high WR (Wager Requirement). For example, Pink Casino targeting females (women like Bingo) offer a £10 no-deposit bonus; But T&C says you need WR X 99. This means you have to stake £990 before you can withdraw any winnings and the winnings are capped at £50.
Well, the capping is a fair deal, you must be happy if you can pocket £50 from nothing. But x99 WR is very tough. Many low-house edge table games are excluded from WR contribution.
Although they exclude high RTP – Return To Players slot games as well, slots seem to be the best choice to progress WR.
Let’s calculate EV assuming 5% of average slot house edge as follows;
EV = Bonus (£) – WR Amounts (£) x House Edge (%) = £10 – (£990 x 5%) = -£39.5
A negative EV, means, you will lose £39.5 from this bonus deal if you put in real money. Since it’s no deposit bonus, you will bust out your bonus before completing WR without almost any exception.
From a purely earning viewpoint, it doesn’t practically work. If you still want to dream of any return, take a look at How To Make No Deposit Bonus Whoring Worth Your While, where you will find 2 specific tactics on NDB.
Abandon Sportsbook Bonus Automatically
Taking up NDB means you may give up Guaranteed Profit. As I will elaborate on later, there are many casino sites offering NDB, which also provide Sportsbook services like below;
But once you accept the casino offers, you will automatically abandon Sportsbook Welcome Bonus, which you can lock in profit. Also, be cautious about Exclusive Deals with Special Promotion Code Claims like those below.
The review comments show “I asked Connor on the chat how to get the 10 free but he ignored me. I also sent a message on the website of casino but don’t get any answer. They don’t give the 10 free and if you ask for them they just ignore you.” ;
People occasionally mess up with such an exclusive deal because the casino doesn’t honour the deal. Of course, you can’t get Sportsbook Bonus as well.
All in all, despite the high popularity of the No Deposit Bonus, you have enough reasons to avoid it. Or, I would say you should explore the following methods before you take up NDB.
2nd Method: Make the best use of the Cashback Site
2 Major Cashback Sites
When it comes to the real monetization of the Casino Welcome Bonus, the Cashback Site is far more certain than the above NDB. How does it work? It’s a simple commission-sharing scheme between the Cashback sites and you who open the casino account.
In the UK, TopCashback; is a leader followed by Quidco;
As long as you sign-up for these 2, you may not miss any major cashback opportunities. Remember, Cash Back Sites are not only for the casino but cover a huge variety of your daily shopping from food, utility bills, mobile & computers to travel arrangements.
Therefore in case you have not utilized it yet, it’s high time to start making the best use of it. You may save hundreds of £ every year depending on your shopping life.
In the US, you may use Swagbucks.
Alternatively, you can use the below gambling exclusive cashback sites (these are for anyone as long as their listed casinos accept your country);
They list many online casino sites and basically, the casinos registered in these cashback sites should be safer than the little-known casinos you find on the internet.
Cashback sites have the following 2 benefits;
- The sign-up bonus conditions often don’t require any WR (Wager Requirement) but just a deposit, or very low such as x1 even if required
- They are independent means even if you first register via Cashback Sites & get cashback, you may still get Casino’s welcome bonus separately (however, it depends on an individual case, so need to confirm first).
Find the offer of which cashback amount is bigger than your required deposit & stake, then you’re impossible to make a loss.
Please follow the instruction in How To Guarantee Real Cash from Casino Bonus Cashback Sites, where you find the exact process in the cashback sites. There are over 40 casino cashback offers only on the Topcashback site. You will find a lot of proper deals.
Issues & Actions To Be Taken
There are a few drawbacks;
- It takes some time (usually 30 + days) until your cashback is paid to your account
- Occasionally, the sign-up is not properly tracked & takes several months to get paid after weary follow up
Therefore, you should;
- Check the online review comments, tracking reliability & speed in each offer before you sign-up
- Watch Out Cookie Trails: If you’ve previously visited the casino website, you must delete your internet cookies before clicking the link, so the cashback site is recognized as the referral source.
- Record screenshots of all key actions especially clicking & navigating from the cashback site link to the casino sites etc.
As you will see in the next section, you should sign-up for Sportsbook first rather than Casino on the sites that provide both services. When I look at Topcashback, currently it also lists 11 sportsbooks as below;
Interestingly, the cashback of Coral, Ladbrokes, Sunbet & Genting Sports is better than the direct sign-up to the bookies’ own sites. Obviously, bookmakers give an excellent deal to Topcashback, and you should make the most of it.
3rd Method: Sportsbook Should Sign Up First
Almost all the major bookmakers also offer casino sites. For these sites, you need to Sign-Up Sportsbook FIRST. Why?
Because generally speaking you can receive a casino welcome offer even after you register on the sportsbook site & receive a sports welcome bonus but not vice versa.
Sportsbook Sign-Up Bonus Extraction
For the sportsbook bonuses, we use Matched Betting method to extract cash Risk-Free. If you’re not familiar with it, suggest taking a look at Matched Betting For Dummies.
But, very briefly, let’s see William Hill Offer of “Bet £10 Get £30 Free bet”. How we do matched betting is;
- 2 transactions of Back (bet on win) £10 on Team or Player A at William Hill & Lay (bet on NOT win) appropriate £ (stake can be calculated by free software) on the same Team or Player A at Betting Exchange like Smarkets so that you cover all outcomes. This is called a Qualifying Bet.
- Regardless of the outcome, your losing & winning will cancel out each other. In real practice, usually, 2 bets are not perfectly offset due to the odds difference & exchange commission. Therefore you make a small loss called a Qualifying Loss.
- Now, you get a £30 free bet. So, you repeat the exact same process but use the free bet for the back bet at William Hill. Then, this time free bet value (minus a little loss) will become your net profit. Usually, your net profit for this offer is around £23+.
- The success factor is how to minimize the qualifying loss by selecting the player/team whose odds gap (between William Hill & Smarkets) is the narrowest. For a further detailed process, please see Place Qualifying Bet Section in Free Matched Bet Starting Guide (2) – How To Sign-Up & Place Qualifying Bet(I use William Hill’s real example in this instruction.)
Remember, this process is Risk-Free & you can Lock-in Profit, the same as the above Cashback approach, thus suggest not overlooking it.
As you see in the above process, the betting exchange is essential. There are 4 established betting exchanges as below;
All the above betting exchanges (except Smarkets) provide you with casino accounts like Betfair (you may want to use Betfair Alternatives – especially Piwi which includes Casino) Casino.
But as suggested, you sign-up & get a welcome offer of sportsbook first. This report shows their latest sportsbook sign-up offers & how to extract cash risk-free from each offer.
In case your country can’t access any betting exchanges, use the solution explained in Betfair Alternatives For People Who Can’t Access Or Seek Better Options.
Move To Casino Welcome Bonus
So, once you have completed the Sportsbook sign-up bonus, it’s time to go for the profitable Casino bonus. Usually, as long as you have never played in the casino you can get the sign-up offer after you receive the sportsbook offer.
However, it’s better to confirm it via live chat to make sure everything goes as planned. You may want to do it even before you start the sportsbook bonus. Besides, the most important thing is reading T&C carefully. I know it’s boring stuff but suggest not skipping it to avoid any unpleasant surprise later.
1 thing you have to pay attention to is the deposit method. Almost all casinos reject Neteller / Skrill deposits for Welcome Offer, thus just in case you used such an e-wallet for a Sportsbook deposit, you may need to change it before you play the casino.
4th Method: Tackle Easier Offer First – Develop Your Learning Curve
There are several types of welcome offers though, the easiest one is No or Small WR (Wager Requirements). For this particular offer type, please go & see 3 Most Popular Casino Games – Technique To Rake Cash From Risk-Free Bonus, which explains the best game to make money.
For Small WR, let me quickly show you the exact process by using the actual example.
Less Than x2 WR Offer
Let me use Betfair Welcome Offer. Firstly, be aware that most of the big casino sites run several sign-up promotions in parallel which is actually confusing. We use a £10 Free Bet with x1 WR Offer.
Rationale To Extract Bonus
Betfair’s offer is “Deposit £10, play £10 on the listed games (Slots), so that Get a £10 Bonus, and play £10 before you withdraw”.
Although T&C claims x1, including the stake of the original deposit, it’s effectively x2 WR condition. This means you need to wager £20.
Let’s verify if this offer is worth pursuing by assessing the value in the form of EV – Expected Value that represents an average gain in long term.
EV (Expected Value) of bonus offer can be calculated as the formulas;
EV = (Deposit + Bonus) x Slot RTP (%) – Deposit or EV = Bonus – WR x Slot House Edge (%)
If you play a slot with 95 RTP (Return To Player), your EV will be;
(£10 Deposit + £10 Bonus) x 95% Slot RTP – £10 Deposit = £9.0 or EV = £10 – £20 x 5% = £9.0
With a positive EV, it’s worthwhile pursuing although you can not guarantee a profit. It’s extremely low risk.
Let me show you the step-by-step process. Firstly, if you haven’t opened the Sportsbook / Exchange account, please go back to the Exchange Sign-up Section you saw earlier. After you have completed the sportsbook (or exchange) offer, move to Arcade Offer;
- T&C page to understand the required condition.
- If you have any fund balance in Sports Book or Exchange, you don’t need to make any new deposit for this. Just bet £10 in the listed games (all are slots) by using your balance.
- Click the Opt-In button (you need to Opt-In). Open the listed Slot games (whichever you like but you must choose from the list). Set minimum stake such as £0.1 & maximum lines like 10 – 20. This is one of the safest & effective ways to go through Slots in wager requirements. For specific instructions on How To Play Slot, go to Casino Bonus Strategy – How To Beat Online Casino With Expected Value Betting.
- Once you hit a £10 wager, the system will automatically credit a £10 Free Bet. But you can’t withdraw yet but need to wager another £10. You may try out a few other slots;
- Since the system will not let you know when you complete the £10 wager, you need to occasionally visit your account history to check the status.
- At the time you complete the £10 stake, any additional balance compared to the time you started this offer would be your profit.
You should start these low-risk offers first. Given the positive EV, you will surely be profitable in long term (but not guaranteed in short term due to the variances), thus it’s worth pursuing. You can immediately withdraw the profit or can use it for Sports Betting.
5th Method: Finally Take the Most Profitable High-Risk Offer
What we discuss in the 5th method is a “100% Deposit Bonus up to £400 with 35x WR ” type of offer like the below LeoVegas welcome bonus;
Although it’s by far the most popular Casino welcome bonus, due to the high WR, it is very high risk.
So, we suggest you take up these sign-up bonuses after you complete every easy offer. For Step-By-Step Instructions, please see Casino High Roller Bonus List with High-Risk Management.
This instruction shows the specific method & tool to gauge each offer’s value to decide if it’s worth taking up or not. Let me stress that this is only for experienced advantage players.
The opportunities can still be very lucrative. Actually, the sharp punters’ main earnings come from this part.
However, you need to know your risk tolerance. You really have to understand that you won’t make a profit on every single attempt. Ensure to feel comfortable by fully gauging the value before you attempt the offers.
Slot Machine Mathematical Bet Simulator
If you’re ready, strongly suggest you use Advanced Slot EV Software called EV Maximiser;
Click the image then you will be navigated to the video Mike explains how it works. It does all the calculations to work out
- The estimated value
- Chance of busting
- Profit per hour and the average amount of wagering completion
- A slots machine database with over 800 machines including the house edge and variance level of each game
For the full details of the EV Maximiser, go to Online Casino Bonus Calculator – 2 Advanced Software To Beat Wager Requirements.
Once you have a large bankroll, understand the value, and big stomach to digest individual losses then would be a good way to boost your entire Extra Money.
Allow me to reiterate, as long as you keep taking Offers with Positive EVs, you are Not Impossible To Lose Money, and Make Money Without failing in Long Term. You don’t need to believe me but believe in mathematics.
When you’re ready, select the casinos from the Most Trusted Best Online Casino in Europe.
World Best Online Casino Sites Sign-Up Opportunities
Think Offshore Casino & Think Crypto Casino, So Many Opportunities
We are adding the below information for you to make a huge amount of casino bonus;
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- For European (including UK & Ireland) players, you may want to go through the "List of Most Trusted Best Online Casinos in Europe" based on 4 key critical criteria.
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Since we aim to develop professional punters called "Sharp" through our GEM site. Therefore, separating the sharp bookies that accept professionals from soft bookies that focus on recreational punters by quickly restricting sharp's account is very important.
From this perspective, we have issued and periodically updated the below 2 lists (we use the term bookies & betting sites though all that we list provide Casino services as well) that are important for advantage players, so whenever you have time, go through;
Hope this information will help you stop losing and make real cash in the casino.
Lastly, allow us to share that one of our policies is "Betting On Luck Is For Losers, Stop Gamble Betting But Bet on Only +EV (Expected Value)To Win Reliably.
It is effectively our way to promote Responsible Gambling under the regulation, and we strongly support GamCare & BeGambleAware being explained about us.
If you have any inquiries or need any help from us, please contact us anytime (don't worry, we will not charge you any fee, everything is free here).
Joshua Walker (bio)
Editor - Global Extra Money (GEM)