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Casino bonus abuse - A how to
Bonus abusers at online casinos and poker rooms have many different names such as bonus hunters, scalpers, and most commonly bonus whores. In poker bonus whoring is only interesting for players who are below or just about break even players. With casino bonuses however it is a completely different story. The odds of most casino games are such that they are a losing proposition for the player in the long run. Most casino games have a house edge between 2.5% and 5%. Slot games usually have a house edge of around 5% this means the payout percentage reported on the casino websites will state 95%. A payout percentage of 95% means that on every spin or hand you play, you have a 95% chance of winning. Most online casinos have very restrictive bonus policies that require you to wager your bonus many times on slots so that your chances of keeping most of your bonus money are pretty low. However, a select few online casinos offer quite generous welcome bonuses which can be played through with blackjack. Blackjack has a house edge of only 0.5%. With the slots payout of 95% you would keep 0 of a 0 bonus. The casino requires you to wager and make 2000 bets at (2000 * .05 computes the expected value/your loss). If you play blackjack with a payout of 99.5% then your expected value is on 2000 spins or hands which means you would only lose of your 0 bonus. This last example illustrates how you can keep most of the casino bonuses that permit blackjack wagering. There are only a few good opportunities left for so called "bonus whoring". In my blog I have detailed tutorials for claiming this casino bonuses through advantage play. Furthermore I give you the blackjack strategy charts that you will need to play perfect blackjack strategy. This will empower you to make use of the low house edge and be a professional bonus hunter. About the Author: My name is Max Hoffman and I´ve been working as a croupier for two years and was pitboss for one year at a major landbased casino. I now blog about different online casino related topics at my highroller lounge blog. My special emphasis lies on the bonus whore phenomenon and how bonus hunters beat casino bonuses. Furthermore I have a lot of no deposit bonustutorials and slots reviews for you to read.
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