Casino winners secrets

 

 

Warning

 

While this system will show you that the odds are in your favor it is still very possible to lose money.   Read the document carefully and take note of the risks involved.  You should only gamble with money that you can afford to lose.

 

 

Introduction

 

Let me start by introducing myself.  I’m from Australia and I have a Bachelor of Applied Science with Honors in Statistics.

 

It’s perhaps because of my interest in numbers that I’m quite a keen gambler.  I was close to becoming a compulsive gambler, although I’ve never gambled more than I could afford.

 

Casinos can be quite greedy and dishonest but I find online casinos to be the most unscrupulous.  They are generally based in the Bahamas and other countries that don’t have the same laws to protect individuals that countries like Australia or the USA would have.  I once complained to a member of staff at an online casino call center that they weren’t monitoring people’s usage online. I  mentioned that I found it difficult to stop and was worried I was a compulsive gambler.  He just laughed at me. 

 

But I did manage to stop and for several years I put gambling behind me, until now.  I recently stumbled across an error in the way online casinos allocate bonuses. 

 

I realized this was my chance to get the bastards back.

 

 

Blackjack Overview

 

There are a number of online casino games that you could play with the “Casino Winners Secrets” gambling system.  But the one I recommend is blackjack. 

 

Blackjack generally has the fairest odds and therefore gives you the best chance of winning.  Blackjack is a reasonably simple game and I will assume you are familiar with the rules.  If you are not there are a huge number of websites dedicated to blackjack and how to play.

 

What you might not be familiar with is the concept of “basic strategy” and how it affects the “house advantage”.

 

 

 

House Advantage

 

 

 

The rules of blackjack for the dealer are he must hit on 16 or below and stand on 17 or above. If he goes over 21 he then busts. 

 

If you follow these same rules you have the same chance as the dealer of getting any total.  If you have the same total you don’t win or lose your money.  This is known as a “stand off”.  If you have a higher total than the dealer you win, or a lower total you lose.

 

Where the casinos make their money, or how they receive a “house advantage”, is the fact that you play your hand before the dealer.  So if you both go over 21 (or bust) the dealer still wins your money. 

 

It has been calculated using probability statistics that the chance of a dealer “going bust” is 28%.  If you follow the same rules as the dealer you also have a 28% chance of “going bust”.  The chance of you both “going bust” on the same hand is 28% x 28% = 7.84%.  This is the house advantage. However you get paid 3-2 for a natural blackjack whereas the dealer receives even money, so the house advantage reduces to 5.9%.

 

What this means is if you gambled $100 you would expect to lose $5.90.

 

 

 

Basic Strategy

 

 

 

You could decide to take another card thus reducing the chance of “going bust” to zero.

 

This is not ideal as there are many times when the dealer’s cards are likely to total 17-21.  Taking another card in this case increases your chance of winning.

 

The “basic strategy” was calculated using probability statistics and is designed to reduce the chance of you going bust while still knowing when it is beneficial to take a card.  Following this strategy you know for every card the dealer has, and every total you have in your hand what the best option is for you.  Whether it be, Hit (H), Stand (S), Double (D) or Split (P).

 

By following the basic strategy the house advantage becomes only 0.5%. Therefore if you gambled $100 you only expect to lose $0.50.

 

Here a a table showing the basic strategy guide for online casinos.

 

 

Online Casino Bonuses

 

Many online casinos offer a cash bonus when you sign up.  Why do they do this?  To suck you in and take your money.  There are a lot of casinos out there and with a lot of competition more and more are offering large bonuses.  This is where they’ve made their mistake.  They are relying on you to sign up to the one casino and be a very loyal customer.  You gamble your bonus and then keep on gambling, ultimately losing lots of your hard earned money.  They generally have wager requirements.  A common bonus when you first sign up would be to deposit $100 and receive $100 bonus.  But you then need to wager 8 times the deposit and bonus ($1600) before you can withdraw your money.  They are hoping you’ve had a long enough run of bad luck that by the time you’ve had $1600 worth of bets you’ve lost your bonus and your money.

 

There are a number of gambling schemes out there that show you how to take advantage of these bonuses.  As mentioned above I will assume a house edge of 0.5%.   Using this knowledge we can calculate what the probability is of losing the entire bonus before you’ve gambled your minimum requirement.  The more you gamble each hand the less bets you need to make to meet the requirement.  However there is also a greater chance of losing it all.  This is shown in the table below.

 

 

Amount wagered each Hand   1$ 2$ 4$ 8$

Number of Hands to play   1,600 800 400 200

Chance of losing the bonus     4,5% 15% 30% 45%

 

This is a legitimate and widely used method for making money from Online Casinos.  The problem is that I find it can be very dull playing 1600 hands of only $1.  Just to win less than $100.  Also you run a greater risk of being blacklisted. 

 

 

 

Blacklisted

 

 

 

It is perfectly legal to take advantage of a casino’s bonus system.  You are only working to the rules they have laid out when you sign up.  However they are a business and don’t like to lose money.  So if they become aware that you are consistently only betting the minimum requirement, at several casinos, and winning at all of them, you could be blacklisted and they may refuse to payout.

 

The “Casino Winners Secrets” system involves only a few big bets at each casino.

 

 

Casino Winners Secrets

 

The bonus system I’ve mentioned above involves actual cash that is deposited to your casino account.  As long as you can meet the minimum betting requirements any remaining cash from the bonus is yours to keep.  I have discovered another type of casino bonus. 

 

At first glance this casino bonus system seems a little unfair.  To entice you in, casinos are offering a 200% bonus, up to $200, with only a 4X wager requirement.  But there’s a catch.  You cannot keep the bonus.  If you deposit $100 you receive $200.  You would then need to gamble [($100 deposit + $200 bonus) x 4] = $1,200 worth of bets.  If you only have $200 in your account and you decide to cash out they will simply take back their bonus and you have nothing.  Also you can only play a limited range of games, luckily blackjack is accepted at most of these casinos, but make sure you read the terms of the bonus carefully before you start gambling.  By playing just one hand of roulette you could break the terms of the bonus and they will keep your money.  So how can you make money with these bonuses? 

 

You make money by betting big.  If you bet $300 on the first hand you can win $300 but only lose $100, because $200 of that money was not yours to begin with.  Most casinos have an upper limit of $500 per hand, so in the second hand you should bet $500.  In just two hands by risking only $100 you could have $1100 in your account.  After subtracting your initial stake and the $200 bonus that leaves you with $800 profit. 

 

So you have now gambled $800 which only leaves $400 to meet the gambling requirements.  To maximize your expected return you could bet $400 in one hand.  However the chance of winning 3 hands in a row is quite low.  So you should bet small again (say $10 a hand) until you’ve bet a total of $1200.  Statistically you should not lose too much, if any, of the $800 so long as you make small bets and follow the basic strategy.

 

Using the house edge as a guide and being slightly conservative let’s say the chance of winning a hand of blackjack is 0.48.  So the chance of winning 2 in a row is (48% x 48%) = 23.04%.  Your chance of not winning the two hands is (100% - 23.04%) = 76.96%.  Your expected return is therefore ($800 x 23.04%) – ($100 x 76.96%) = $107.36.  It’s important to note that the chance of winning at any one casino is quite low at only 23.04% so this system only works if you go to many casinos.  At last count there were 24 casinos that offer this type of bonus, the more casinos you try this system on the more likely you will come out on top.  This is a very simplistic model for a more thorough analysis see the formulas on the formulas and results page.  These formulas were tested using computer simulations.  The results of these simulations can be also found in the formulas and results page.

 

In blackjack you don’t simply win or lose you can also have a standoff.  Standoffs are OK as they still add to your wager total.  You could have three standoffs in a row and win on the 4th hand.  You would then win $300.  You should then stop and cash in your money.

 

 

 

It is important to note that this is still a gamble.  Normally the odds are with the casino.  However if you went to a casino just once and gambled $100 you might walk away winning $100.  But if you went to the same casino every day for a year and gambled $100 each time you are almost certain to be worse off than when you started. 

 

The same principle applies here.  The more casinos you use this system on the more likely you are of winning.

 

 

Which online casinos?

 

Any online casino that offers a 200% bonus and has a minimum wager requirement of 4X the deposit plus bonus, and allows you to play blackjack, is suitable for the “Casino Winners Secrets” gambling system.  At last count there were 24 but this number is rising and could have changed since publication.  The 12 most reputable casinos with the best gaming software can be found at www.200pctbonus.com.

 

To get your cash out you will need to provide the casino with proof that you are who you say you are and do own the account from which the cash was deposited.  You therefore need to fax a copy of your Passport or driver’s license, your credit cards and a recent bank statement.  So make sure you can provide these before signing up.

 

 

Risks

 

I’ve mentioned it several times but I want to make it absolutely clear that there are still risks involved in this system.  I have made this system available because I have already gone to every casino with a 200% bonus and already made a profit of over $2,000.  But because there is an element of luck you could lose.  Make sure you study the formulas and simulation results carefully and determine whether the level of risk is acceptable to you.  I do not want casinos to be making money from this system.

 

 

More Ways to Win

 

While I have suggested depositing the maximum $100 into the casino this system works just as well with smaller amounts.  If the level of risk is too high for you then you can quite easily try the same system by just depositing $20 for a $40 bonus.  You should then gamble $60 with your first hand and $120 with your second.

 

Some casinos allow deposits in both British pounds and Euros.  At the time of publication ₤1 GBP was worth $1.87 USD.  If you deposited ₤100 you would receive a ₤200 bonus thus giving you the potential to win even more money.

 

As stated earlier the more casinos you try this system on, the greater your chance of winning.  If you start a syndicate with a group of friends you can share the risk with a greater chance of profits.  I suggest get a group of 5 people together.  Each person should sign up to the casinos at www.200pctbonus.com.  This should also help reduce the risk of any one person being blacklisted.

 

You could also try this on casinos with a bonus less than 200%.  You would not expect to win as much from these casinos but the odds are still in your favor.  Just make sure you read the terms of the bonus carefully.  You may be required to gamble 20x the deposit and bonus before you can withdraw.  This could considerably reduce your chance of winning.

 

 

 

 

 

Well that's all I've got so good luck and I hope you win loads of cash using Casino Winners Secrets at the online casinos.  Don't forget to use the Blackjack Basic Strategy Guide whenever you play blackjack either online or at land based casinos.