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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
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Number of Hands to play
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Chance of losing the bonus
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$1
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1,600
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4.5%
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$2
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800
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15%
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$4
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400
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30%
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$8
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200
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45%
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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.
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