Can I really earn money playing casino games online? It’s a question frequently asked by gamblers on online casino forums: is it possible to make money by playing online casino games?
Okay, so let’s get this straight. When you play casino games, your main goal should be to have fun, not make money. It’s always nice to win a cash prize, but there’s no way to guarantee you’ll win all the time. Online gambling, therefore, should never be depended on as a source of income.
Nevertheless, there are ways to try and improve your chances of becoming a profitable online gambler. Here are our top tips to better your chances of making money from online casino games:
1) Know the odds.
If you’re hoping to make a profit, you need to consider the statistical odds of winning the different casino games you play. Compare the RTP (return to player) of slots to work out how much you can expect to get back from each based on the money you wager. Avoid slots with an RTP of less than 95%, as you’ll find they pay out infrequently.
New casino players often feel intimidated by online table games, but you’ll discover tables generally provide you with a better chance of winning than online slots. Blackjack and roulette boast a relatively low house edge, which can be further reduced when you have a good strategy to put into practice as you play. American roulette comes with an average 5.26% house edge, whilst its European counterpart comes with a house edge of just 2.7%. Blackjack has an average house edge of less than 1%.
2) Get clued up on strategy.
Whilst there’s little skill involved in clicking the spin button on a 5-reel video slot, most casino tables require more than just luck. Researching and perfecting basic strategies and betting systems before you play can seriously improve your chances of making money from skill-based tables like blackjack, roulette and poker. With very little effort, you’ll find an abundance of books and free online guides on strategy aimed at players of all levels of experience.
3) Choose the right online casino.
Choosing where to play online can be just as important as choosing what and how to play. Make sure you pick a generous online casino with a good no deposit sign-up bonus. This will allow you to test out the games and practice the different betting strategies you’ve been studying before you risk any of your own cash.
It’s also important to check the general terms and conditions of the casino before you play. Most places will charge you for making cash withdrawals from your account. Some will even put caps on how much you can win or withdraw. These are obviously important factors to consider if you’re hoping to make money.
4) Set a budget and stick to it.
Finally, if you aim to come away with more money than you wager, you need to control your spending. Set a budget before you engage in any gambling session. That budget should reflect how much you can comfortably afford to lose right now, as well as how much you’ve win/lost in your previous gambling sessions.
It’s important not to exceed your budget when you’re in a session. Avoid the temptation to try and keep cashing in if you’re on a winning streak, and never spend more than you intended to make up for losses. Staying firmly in control of your budget and your gambling is essential to enjoying a more rewarding online casino gaming experience.