Are you looking to maximize your matched betting profits with casino offers?
This guide will walk you through the key concepts, strategies, and examples that can help you turn casino promotions into profit. Whether you’re a seasoned matched bettor or a newcomer, these insights will enhance your understanding and boost your long term earnings.
What are Casino Offers?
Casino offers are promotional deals provided by online casinos to attract and retain players. They often come in the form of free spins, deposit bonuses, cashback offers, and more. For example:
- Bet £30, Get 100 Free Spins – This type of offer rewards you with free spins on a specific slot game after you make a qualifying bet.
- 10% Cashback on Losses – Some casino’s will offer periods where you can get cashback on your overall losses.
- Bet £50, get £100 in bonus money – A few casino’s will reward you with bonus money which can used when you sign up or take part in a promotion.
These offers can be lucrative when approached with the right strategy, as they provide an opportunity to flip the edge from the casino to the player. This is known as advantage play!
Understanding Return to Player (RTP) Rate
One crucial concept you need to understand when matched betting casino offers is the Return to Player (RTP) rate. The RTP is a percentage that indicates how much will be paid back to players on their turnover on average. For instance, if a slot game has an RTP of 95%, it means that, on average, £95 is returned for every £100 wagered.
Understanding the RTP is essential because it helps you select games that offer better chances of winning, maximizing the value of your free spins or bonus money.
It is a good idea to remember the highest RTP games available to play when doing casino offers. Blackjack for example has an RTP of over 99% and is my first choice, when using a casino offer. There are occasions however when a casino will only let you use a slot.
Here is a list of some of the highest RTP (Return to Player) slot games to out for casinos:
- Mega Joker – 99% RTP
- Blood Suckers – 98% RTP
- Starmania – 97.87% RTP
- White Rabbit Megaways – 97.7% RTP
- Medusa Megaways – 97.63% RTP
Should I Use Matched Betting Software?
To streamline the process of finding and exploiting casino offers, many matched bettors use specialized software. This software helps you:
- Identify Offers: Automatically scans various online casinos and lists the promotions which are most profitable.
- Calculate Profits: Provides tools to calculate the expected value (EV) of an offer, showing you exactly how to take advantage of the offer to make the most profit.
- Track Progress: Keeps track of your bets, wins, and losses, ensuring you stay organized and efficient.
The two most popular sites for profiting from casino offers are OddsMonkey and Profit Maximiser. These tools can save you time and increase your profitability by providing precise calculations and up-to-date information.
How to Profit from Casino Offers
Profiting from casino offers involves a strategic approach. Here are some simple steps to follow:
1. Find a Lucrative Offer
Use matched betting software or manually search for casino promotions. Look for offers with high RTP rates and favorable terms.
2. Read the Terms and Conditions
Carefully review the offer’s terms and conditions to understand the wagering requirements, eligible games, and any restrictions. For example, some free spins may only be valid on specific slot games. (Matched betting services can do this for you to save time)
3. Calculate the Expected Value
Calculate the expected value of the offer using the RTP and wagering requirements. If the EV is positive, the offer is likely profitable. (Again a service like Oddsmonkey will do this for you)
4. Follow the instructions
Place the qualifying bet or deposit required to trigger the offer. Follow the specific instructions to ensure you receive the bonus or free spins.
5. Play with the Right Strategy
When using your free spins or bonus money, choose games with high RTP rates. Play strategically to maximize your chances of winning.
6. Withdraw Your Winnings
Once you’ve met the wagering requirements, withdraw your winnings. Repeat the process with new offers to continue profiting.
Understanding Variance With Casino Offers
In any form of advantage betting there will be variance. This means that despite having an edge and an angle that will win over the long term, you can still lose in the short term. The easiest way to understand this is with a coin flip analogy.
Let’s imagine you have a friend that will pay you £11 every time a coin lands on heads, whilst you only pay them £10 if it lands on tails.
Choose Heads and get odds of 2.1 (real probability is 50%, so the odds should be 2.0)
Choose Tails and get odds of 2.0 (This is the true value of a coin landing on tails.)
There is a clear mathematical advantage to taking heads. If you flipped the coin several hundred times then there would a strong statistical probability that you would win money.
When doing matched betting casino offers, we are giving ourselves that same advantage.
What is The Best Matched Betting Casino Offer Software?
Matched betting casino offers present a fantastic opportunity to make money online. By understanding the key concepts, utilizing matched betting software, and following a strategic approach, you can turn these promotions into a profitable side hustle.
Although you can do it all manually, that is very time consuming and not the most effective way to profit from these offers. After trying out various different matched betting casino offer services, including:
- Profit Accumulator
- Oddsmonkey
- Profit Maximiser
- Bonus Accumulator
The standout for us is Oddsmonkey, due to its pricing and the amount of software they make available to you as a subscriber.
Are you ready to start profiting from casino offers?
Thank you for the casino offers review, it’s very helpful. These casino offers are a great alternative to traditional matched betting on sports and in my opinion offer more value than the sports offers that are available in the UK. One just needs to ride the variance, which in general is much lower than the variance experienced when following some tipsters. The only thing one needs to check as well is the RTP in the game itself since some game developers, including NetEnt, started to provide slots with a “variable RTP”, which means that different casinos may have the same slot with a different RTP rate. I’ve seen Blood Suckers ranging from 98% RTP to as low as around 93% RTP and that makes a very big difference when there are wagering requirements and it can change an offer from a profitable offer to unprofitable (negative EV) offer. Casinos are however required to display RTP for every game and it can be found in the slots “information” or “rules” section, but it’s important to check it before every offer as some casinos can change these RTP settings overnight (although it doesn’t happen often, they generally keep their RTP, but once every few years review it and then change it, sometimes sending out emails to player, but some do it “secretly”).
Regarding the Mega Joker game, I haven’t played that in a very long time, but I remember to reach the 99% RTP you had to play in some specific way, like always spin the upper wheel when triggered or something like that.
Also forgot to mention, a good game with a 99% RTP is “Book of 99”, but some casinos restrict that game from wagering a bonus.
Nice to hear from you Miroslav, are you still betting?