I know alot of Matched Bettors out there who totally refuse to even consider doing casino offers as part of their Matched Betting strategy. It’s true; all casino games are weighted in favour of the bookmaker however just like with sports betting, we are able to exploit various welcome and recurring offers to gain a mathematical edge.
Unlike most sports offers though, casino offers are rarely entirely risk-free and instead rely on having the odds stacked in our favour. All casino games have a mathematical return to player percentage. For something like roulette and blackjack this percentage is extremely high as it’s almost a 50-50 split on who will win and you double your money if you do. For slots this percentage drops to around 90-97%. This means for every £100 invested in the slot machine, it will spit out £90-£97. Obviously this return is staggered so most spins will give back £0 while others will return £100, however it’s averaged over a long period and it’s this maths we rely on.
Think of playing slot machines as a downward sloping graph, whereby the more you play.. the more you’ll eventually lose on average. The trick to exploiting casino offers is for there to be enough ‘free money’ so that at the end of the wagering requirements you’ve still got your original money + some of the ‘free money’ left at the end.
There’s loads of online calculators for working out whether a specific offer is going to give a mathematical return depending on the slot %, buy-in amount and rollover requirements. I regularly do casino offers and below is just one example I completed this week:
Here you can see I deposited £10, then 4 hours later withdrew £42.87 for a total profit of £32.87.
Some may argue that’s not a great hourly rate, however most slot machines have an auto-spin feature where you set the number of spins you want to complete and then leave it running. In this case I calculated how many spins it would take to complete the offer at the cost-per-spin, set that number into the auto-spinner and then went to watch some TV. Came back 4 hours later and withdrew my profit. Getting paid to watch TV, thanks!
Like sports bets, there are literally hundreds of this type of casino offer out there. The difficulty is filtering through to those which are either risk free or give a mathematical positive return, which is where the sites I recommended earlier come it.