Not a single day without seeing an ad on the Internet to register for online casinos. They have been fashionable in recent years, and more and more of them are offering their services online so you may be able to make some money. To avoid risks and play safe, here are some tips from my own experience
And yes … I tried online casinos a decade ago … I even earned a little money for a short time … to finally lose everything!
These are games of chance
There are tips and tricks in every game to maximize your winnings: for example, going into a slot machine when it has not jackpot for a long time.
However, except at the worst poker, it is about games of chance (except poker where with a good strategy you can win big). Some strategies allow you to increase your winning percentages, but you will never be able to win 100% of the games (or even 60% probably).
Keep this in mind and do not bet all your money
Know your opponent
Your opponent is the casino. (Except poker) And the goal of the casino, of course, is to win. Whether it’s a physical casino or an online casino, they are designed to always win in the long run.
This is called the redistribution rate and it is always less than 100%. For example, for online casinos, it is between 94 and 99%. This means that if you bet 100 euros, on average you will leave with a sum between 94 and 99 Euros – the casino keeps between 1 and 6 euros.
Do you think casinos are stealing you? They are businesses, so they have to make a profit. Other games of chance have a much lower redistribution rate: lotto, keno, EuroMillions … So the casino is still the most interesting.
Rest assured, these numbers are averages: if you’re doing well and you’re lucky, you can play online casino and make money.
Beware of bonuses
Many casinos like Poker QQ offer you super bonuses for you to register and deposit money. For example, some offer to double your bonus up to 400 euros. So, if you deposit 400 euros, the casino graciously gives you 400 Euros.
You think that 400 euros are yours and you can withdraw them, but that’s not the case. In most cases, you will need to “unlock” these bonuses. Betting conditions exist, and you must wager 40 times the amount of your deposit to withdraw the bonus. This means that you have to bet 16000 euros to withdraw your bonus.
Given the redistribution rate of the casino, it is unlikely that you reach these 16,000 euros of bets without being ruined before.