CASINO OFFERS – 100% Matched Deposit Strategy (*Risk Level = Minute*)
So I have come across a great and effective way to make use of all the ‘100% Matched Deposits’ many online casinos are offering, in some cases rising to 300%. Before we start I’d like to encourage you to read the T&Cs to check for a suitable rollover requirement – also bear in mind that this requires strict discipline to the following strategy to work.
By far the best way to extract a bonus using casino games is through BlackJack, since the house edge is a mere 1% and there is a sound guide to follow to ensure that you can stay as close to this percentage as possible. The idea is to use small stakes, generally £1, to increase your variance and thus negate the effects of streaks, bringing us closer to the theoretical ‘mean’.
Most casinos will typically demand 30x rollover, so in the case of £100, we must stake go through 3000 £1 hands of BlackJack (approx 3 hours), resulting in the below for the given 1% edge:
3000 x 0.01 = 30
100-30 = £70 profit
So you would basically expect to lose £30 of your bonus and make £70 over the 3-ish hours, not a bad hourly rate. You can find the strategy grid here: https://helpbets.com/images/articles/0000/0125/strategia1.jpg
I’ve only done this at Betfair so far, taking £37 from £100 bonus with 45x rollover (tedious) but there are many others I plan to do soon. Casinos are also good for free spins as chico pointed out, and I have won £170 from bonuses at Spin Genie, BGO, PocketFruity and Betfair thus far.