An Overall Plan for Getting an Edge on the CasinoBy: Rick Balding, Thursday December 11th 2014
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The ultimate dream of many players is to be able to get a definite advantage over the casino. The good news is that it is possible if you do your research and put in practice that's necessary at the games. The bad news is that it isn't easy, and you're going to have to put in some work and research if you want to make it work. We're going to walk you through the basic process here and show you the principles that you'll need to understand if you want to make this work for you.
On the most basic level, you're wanting to combine three elements to gain an overall advantage. First, you want to play certain games that have a very high payout rate with correct play. Not only that, but you want to play them skillfully so that you'll get a good payout rate with a low house advantage. Second, you're going to take advantage of every promotion and bonus offer that you can as long as they have favorable terms and conditions that allow you to fit them in as a part of your overall plan.
Let's look at an example. Suppose you're playing a video poker or blackjack game that has a payout rate of about 99.5 percent. This means there's a house advantage of only 0.5 percent. Now suppose you get in a 100 percent match bonus on a $100 deposit, and it has a 100x wagering requirement. The key here is that the bonus itself has to be cashable if you want to make this work for you. The total play-through requirement would be $10,000, and if you take 0.5 percent of that, you'll get $50 which is how much you'll lose on average during the play-through.
As you can see, you'll spend $50 to get a $100 bonus, so you should come up with a profit of about $50 on average. This isn't bad for playing video poker on the side, but it's not exactly something you're going to get a huge hourly on. Overall, this approach can be used to get in on the real money action while maintaining a small advantage over the casino. If you apply this same method and look for deals where it can be used, then you'll find yourself continuing to get an advantage over the long run.
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