Introduction To Casino Offers
Reading Time: 10 Minutes
Doesn’t The House Always Win?
You have probably heard the saying: “the house always wins”.
And normally, that’s true.
Casino games have a ‘house edge’, which means that the odds are always in the casino’s favour.
Whenever someone plays a casino game they will, on average, lose money.
So why is it that we talk about casino offers as an amazing way to make some profit?
Profiting From Casino Offers
There are over 100 online casinos in the UK. They constantly compete to win and keep customers.
One of the ways that they do this is through casino offers.
This is like the bookies offering free bets and price boosts. Instead, casinos give out free spins, bonuses, and cashback.
Without offers, we would never recommend playing casino games.
But by completing certain casino offers, we can remove the house edge, and gain a mathematical advantage.
By only doing offers where we have this advantage, we could make over £800 from welcome offers, plus £250-£800 per month from reload offers.
A Whistle-Stop Tour
By the end of this guide, you should be ready to start your 10 day trial, with which you can learn more, and get stuck into the offers.
But first, we'll cover the following topics, giving you the perfect introduction to casino:
To kick things off, here I cover three common questions that you might have about casino offers.
Casino offers aren’t a way to get rich quick, but they can be an amazing way to make some extra cash.
The casino welcome offers on Team Casino have an expected profit of over £800.
Then there are reload offers. Depending on how much time you have, you could aim for £300-£800 per month from reload offers.
You’ll need about 15 minutes to check out the getting started guides.
We're mobile-friendly, so you can learn and get started from anywhere!
Once you're up and running, you can commit as little or as much time as you'd like.
Of course, the more time you commit, the more offers you can complete, and the more profit you should expect to make.
But casino offers can fit around any schedule.
The profits from casino offers can be amazing, but they do have an element of risk.
Everyone will have some periods of not making money from casino offers.
But, Team Casino shows you exactly how to approach offers, to manage your risk and ensure that you can achieve fantastic results in a safe way.
There are five important terms that are going to help you understand casino offers.
Click on the headings below to learn about them.
Expected Value (EV) is very important. This is the amount of money that we expect to get back, on average, when we complete a casino offer.
If an offer has positive expected value (+EV) then we have a mathematical edge and will make a profit on average.
If an offer has negative expected value (-EV), then we would expect to lose money on average.
Many offers are -EV. By completing them, we would be wasting valuable time, and costing ourselves money.
Team Casino calculates the EV of offers, and will only post those that are +EV. Plus, we have an EV Simulator, a handy tool that allows you to calculate the EV of any offers that you receive.
Unlike matched betting, the results from casino offers are not guaranteed.
By doing +EV offers, we can expect to make a profit on average. But our results each time we complete an offer will be different.
Imagine you completed a casino offer three times. One time you might make a £5 profit, another time £20 profit, and another time you lose £3.
Overall, you’ve made a profit, but your results were different each time. This change in results is variance.
Variance means that we will lose money on some of the promotions that we complete. But, over time, as long as we are sticking to +EV offers, we can make some fantastic profits.
Return to Player (RTP) is the average amount of money that we expect to get back when we play a casino game.
Different games have different RTPs. So the games we choose impact the amount of profit that we make.
Blackjack has the best RTP, of approximately 99.5% (when following the perfect strategy).
Roulette has a 97.3% RTP and slots can vary anywhere from 80% to 98.5%.
If a game has a 97% RTP, we would expect to receive back £97 for every £100 that we wager. The casino would expect to make £3 profit, giving them a 3% house edge.
By doing promotions that are +EV, we remove the house edge and swing the expected profit into our favour.
Team Casino will always recommend the highest RTP game for each offer, allowing you to maximise your profits. It also features a Slots Database so that you can find the highest RTP slots on over 100 casino sites.
Casino offers come with different levels of risk. One offer you might be risking £5, another offer £50.
If you’re new to casino offers, you don’t want to be jumping straight into the £50 offers.
Bankroll management is very important.
Bankroll is the amount of money that you have set aside to complete casino offers.
Your bankroll will dictate which offers you should complete.
Team Casino sets a bankroll recommendation for every offer. This allows you to see exactly which offers you should complete.
By following this, Team Casino members have begun completing offers with as little as £100 bankroll.
Wagering requirements are where you receive a bonus, but can’t withdraw it until you have wagered a certain amount on casino games.
Wagering requirements can be on bonuses, free spin winnings, or not required at all.
Some casinos offer big bonuses, and they might look appealing. What you might not realise is that these can come with very big wagering requirements.
Let’s say you receive a £5 bonus with 10x wagering requirements. In order for this bonus to become withdrawable, you must wager a total of £50 (£5 x 10).
In this example you might open up a slot and start doing 25p spins until you’ve wagered £50. If you completed 200 spins at 25p a spin then that would equal £50 wagered and so the wagering would be complete. Any bonus money would become withdrawable cash.
However, often you will ‘bust out' before completing the wagering requirements. It is very important that you immediately stop if you ever run out of bonus money.
If you didn’t, you would risk losing your own cash, which you don’t want to do!
Casino offers come in many different shapes and sizes.
Click on the headings below to get an introduction to the four main offer types:
This is where a casino credits us with a reward, like free spins or a bonus, without us needing to wager any of our own money.
These offers often come with large wagering requirements. But, as they are completely risk-free, they can be well worth doing.
Low-risk offers are the most common type of casino offer.
You wager a small amount of your own money (£5-£20) to receive a reward, like free spins or a bonus.
Low-risk offers have lots of different formats. You’ll find step by step instructions to the worthwhile low risk offers on Team Casino.
The bankroll recommendation for low-risk offers varies. This can be anywhere from £100-£800, depending on factors like how much money you have to wager, and on which games.
Currently, there are about 60 low-risk welcome offers on Team Casino with a £100 bankroll recommendation.
Medium risk offers, as the name suggests, are riskier than low risk ones. There are many reasons why this may be, such as:
- Needing to wager a large amount of your own money (£30+)
- The offer involves high variance games
- The chance of profit is very low, due to factors such as large wagering requirements
Team Casino features lots of medium risk offers. They can be a great way to increase your long run profits.
They do come with the risk of larger losses, and you're likely to have periods of not making a profit from them.
For this reason, medium risk offers come with larger bankroll recommendations (£800-£2000).
You should first become comfortable with low risk offers, and build up your bankroll. You can then start introducing medium risk offers.
High risk offers usually need you to deposit a certain amount, to receive a bonus.
As the name suggests, these offers come with lots of risk, and the potential to lose a lot of money.
They come with large wagering requirements, and use your deposited cash before the bonus money.
Because of this, there is a very strong chance (over 80%) of losing your entire deposited amount.
So if you deposited £100 to receive a £100 bonus, you could soon find yourself with a £100 loss.
High risk offers should only be considered by those with a lot of experience, and a bankroll of over £10,000.
Hopefully, you're keen to start making money from casino offers!
If so, its time to check out our Five Easy Steps To Starting Casino (5 mins).
Here we run through the 5 simple steps to take you from a casino offer newbie, to making your first £100+ profit.
And if you're ready to start Team Casino, we're offering you 10 days unlimited access for just £1.