Make Money Playing Jackpot Games Online

Bloodsuckers Jackpot

Can you make money playing jackpot games and slots online?

In today’s article were going to look at whether it can be profitable to play jackpot games online.

Looking at strategies that you can use to flip the odds in your favour and still give yourself a chance of winning a big jackpot.

Huge Casino Win

How online slots and jackpot games work

Online slots and jackpot games are extremely popular, the thrill of landing a big win is only a spin away. However online slots are ultimately a way for casino’s to make a long term profit. Which means that the majority of slots players are going to lose long term.

Slots and jackpot games are programmed with a mathematical formula to ensure they don’t give out more money then they return. This formula is known as return to player (RTP for short.)

For example some of the highest online slots have an RTP of 97%. This means that for every $100 that the slot brings in on average it will pay back $97. This means that long term for every $100 it takes a profit of $3 over the long term.

Slots obviously distribute payouts unevenly. Which is why you get some big winners but the majority of players will be either small or big losing players long term.

Below is a list of some of the highest paying RTP games that you ply online.

  • Book of 99 (99% rtp)
  • Monopoly Big Event (99% rtp)
  • Jackpot 6000 (98.86% rtp)
  • Bloodsucker (98% rtp)
  • Rainbow Riches Pick N Mix (98% rtp)

Bloodsuckers Jackpot

Can It be profitable long term to play jackpot games and slots?

Yes, it can be profitable long term to play slots and jackpot games under the right conditions.

There are times when a casino may offer a sign up bonus, free spins, cashback offer or other types of bonus that can push the return to player (RTP) above 100%.

One of the more common bonus is cashback on losses, for example some casino’s may offer a day in the week were you get 10% cashback on losses.

If we take Bloodsuckers for example which is a game that has 98% RTP and decide to stake $100. We cab break it down to show how long term this would be profitable.

$100 x 0.98 which equals $98 meaning a loss of $2 is expected.

However we can get $10 back should we lose due to the cashback offer.

$98 + $10 = $108

Meaning that if we only played the slot Bloodsuckers when the cashback offer was available, long term we could expect to make a profit.

This is Advantage Play

Whenever you can flip the odds from the casino to yourself as player it is known as advantage play. Due to the fact that it is you that now has the mathematical advantage rather then the casino.

There have been professional advantage players in the past that have made a lot of money by doing this. One of the most famous group of advantage players were the MIT blackjack team.

This was a group of students that used card counting techniques to beat the game of blackjack. Their story inspired the film 21 which was based around the idea of advantage play.

Using advantage play is the best long term way to make money from playing online slots and jackpot games. Yes you may get lucky and hit a big winner. But why rely on luck when you can use advantage play to give yourself a mathematical edge that is proven to work.

Where Can I More About Learn Advantage Play

You can learn more about advantage play in the guide below.

Make Money From Casino Offers Guide

This free guide covers everything that you need to know about advantage play.

  • How advantage play works
  • Understanding EV
  • Flipping the odds to your advantage 
  • Where to find profitable casino offers
  • Staking and risk management
  • Step by step instructions for a cashback offer
  • Video Instructions for an offer

Overall playing jackpot games and slots can be profitable. Either by being very lucky and hitting a big jackpot or flipping the advantage over to yourself via advantage play.

How to Choose the Right Bonus at an Online Casino

Wagering Requirements

Maximising Your Winnings: How to Choose the Right Online Casino Bonus

One of the highlights of playing at online casinos is the bonuses they offer which are usually higher than what is offered at in-land casinos. These bonuses often add great value to your bets and the best casino offers can actually give you an advantage in the long term.

Some of the casino offers however come with many terms and conditions, which are hard to fulfil and mean that passing on that bonus is actually plus ev.

So every time you consider a casino bonus, it is very important to read the terms and conditions along with it. In this article, we have shared some expert tips to help you find the best bonus to maximise your winning at a casino.

Elements of The Casino Bonus One Should Keep In Mind

Every bonus comes with certain terms and conditions that mention certain bonus elements’ details. We have discussed the most important of them below and mentioned some expert views.

Wagering Requirements

Most bonuses at casinos come with wagering requirements. This means you need to meet this requirement before withdrawing the money from your casino account after a bonus is applied.

Wagering Requirements

 

For example, if you deposit £100 and the casino provides a 100% deposit bonus, that means an additional £100. So if the wagering requirement is 20x, you need to bet £2000 before you can withdraw your money. Bonuses with high wagering requirements result in players often spending an excessive amount of money, or they lose their bonus altogether. Players must consider the wagering requirements before obtaining such a bonus.

Besides the wagering percentage, some casino bonuses also require you to fulfil the wagering requirements by betting in certain games, e.g. slots. So a player should see whether he can play his preferred games while fulfilling the wagering requirements.

For example, If your wagering requirement requires you to play poker to fulfil the wagering requirements and become acquainted with the game, you may opt for a different bonus that suits your requirements.

Betting Requirements

Most casinos set a limit for the minimum and maximum bets you can place to avail of a bonus. These betting limits must be kept in mind while considering a bonus. For example, a casino bonus with a high minimum betting requirement increases the risk for your game and may not be suitable for beginners.

Besides, some bonuses may require you to deposit via a certain payment method, e.g. cryptocurrency, so be mindful of such conditions. If you fail to adhere to the betting limits, you can lose all your winnings. Certain bonuses are also levied on specific games, so you must check such requirements before proceeding.

Nature Of The Bonus

Not every bonus acts as a multiplier to enhance your winning amount; you may also get other perks. The common types of bonuses include deposit bonuses, free spin bonuses, VIP bonuses, No-deposit bonuses and many others. Each bonus has pros and cons, which one should consider while opting for.

William Hill Casino Offer

Deposit Match Bonuses 

This kind of bonus increases your initial bet by a certain percentage. Welcome bonuses offer up to 200% in many reputable casinos. For example, if you deposit £50, you get £100 as a bonus to help you bet on more games. Deposit match bonuses sometimes come with high wagering requirements, so one must be careful before selecting one. 

Free Spin Bonus

This is a bonus that one gets for slots. After a minimum deposit or as a part of a welcome bonus, one gets a certain number of free spins on different slot machines. This is usually a bonus with low wagering requirements. For such bonuses, read the terms and conditions and see if the participating slots have a good Return To Player (RTP). 

No-Deposit Bonus

Usually, such kinds of bonuses are offered as a welcome bonus. This type of bonus is usually to help kickstart your casino journey. Even though the monetary value of such a bonus may be less, you can use it to explore different features of the games without risking your own money into it. Keep an eye on the wagering requirements for this, as they may act as a trap in some places.

VIP bonuses

Many casinos offer VIP programs which offer additional perks to the members. Being a part of such programs allows for faster casino transactions and offers higher deposit bonuses, free spins on certain games and lower wagering requirements on bonuses. 

 

A large variety of casino bonuses are present in different online casinos. To choose the best one:

 

  1. Ensure you have considered all the above mentioned factors to avoid irresponsible gambling.
  2. Keep an eye on your bankroll as you bet at an online casino.
  3. Make sure you bet at a licensed casino so your money is safe. 

If you want to learn about advantage playa nd how to make money long term from casino offers we suggest reading our guide.

Click here for our casino bonus guide

Accumulator Betting Tips – Can accumulators be profitable?

Accumulator Betting Profit

Accumulator betting profits

Is there a way of making long term profits from accumulator betting?

Accumulator’s are a bookmaker’s best friend they love them.  

In fact you very rarely see a bookmaker highlighting a winning punters success. If however that punter hit a 16 team accumulator for £150,000 you might here about it.

Those bettors that are able to find value week in week out against a bookmakers odds over the long term. Will likely find themselves limited to pennies or unable to bet.

Accumulator betting profits
My weekend accumulator

Why then do bookmakers love accumulators?

Bookmakers love accumulators generally because it compounds their margins.

A bookmaker margin is basically the percentage of profit a bookmaker would make if the amount of money bet on all outcomes of a game were equally balanced.

For example if a bookmaker has a 5% margin on a game this would mean they would expect to make £5 for every £100 staked on the game. In a way this is similar to arbitrage betting if a bookmaker has a perfectly balanced book then they are guaranteed a profit no matter the outcome.

So bookmakers in general love accumulator bets because its compounds that margin for them with each selection. A 5% margin on a single bet becomes much more with each selection that you add.

Accumulator betting profits
Oddsmath shows what each bookmakers margin is. The margin is the percentage on the far right.

Making a profit from accumulator betting

It is possible to make a profit from accumulator bets and like all methods of betting its about finding value.

I have written about using Asian bookmaker to find value bets with softbooks before. We can use this same approach when making an accumulator have a positive expectation.

For this approach we need to find two or more value bets with the same bookmaker. Then put them in an accumulator.

Accumulator betting profits
Oddsmath also shows the no vig odds of a bet. This is the odds of a bet with the margin removed.

You can see from the above that Marathonbet have Osasuna at 7.10 whilst Pinnacle have them at odds of 6.61. The no vig odds are 6.74 which indicates Osasuna are a value bet.

Betting in this way is still going to be very volatile but if you are going to place accumulators bets you may as well look for value whilst doing it.

Accumulator betting profits

Using bookmaker promotion’s against them

The best way to make money from accumulator betting is by using bookmaker promotions against them. Oddsmonkey is an excellent matched betting service and has something called the “Acca Matcher” which was created just for this.

Accumulators are such a big money earner for soft bookmakers they want to entice people to bet on them. A popular promotion is “back 5 selections get a free bet if one loses.”

This offered by William Hill, Coral and Ladbrokes alongside several other soft bookmakers.

Accumulator betting tips
Oddsmonkey’s Acca Matcher find the best value accumulators available

Selections from the bookmaker are found by Oddsmonkey which are close in price to the Betfair lay odds. This means generally they are close to the true odds.

The Oddsmonkey “Acca Matcher” then uses the Betfair odds alongside the bookmakers money back promotion to show you the expected long term value of placing that bet. There is also the option to lay these selections on the betting exchanges to guarantee small profits.

This process can also be done manually by searching for odds close to the Betfair lay price yourself. Oddsmonkey just enables you to do it quicker and works out the calculations for you.

Bookmaker’s accumulator promotions are a great way of creating accumulator bets with a positive expectation.

Accumulator betting tips
Oddsmonkey’s Acca Matcher at work

I hope this article has given you a few ideas on how to make money from accumulator betting. When used correctly it can be a good way of keeping under a bookmakers radar whilst still extracting some value.