Anyone Know Of A Strategy For Online Casinos?

[angelfire]

Hi everyone,

I'm new to the boards though I've been playing for some months on online casinos.

I'm Dan, and I'm new to strategies really having just used the Martingale system on online roulette, which I've just discovered is a bad system, apparently very bad lol. I'm upto £1500 after a deposit of £40 playing £0.10 as a starting bet and doubling my money, takes me ages and I've lost my nerve and was wanting to find an alternate system.

I was just wondering if anyone knew of a good strategy/system if there is any? Is there a system which will help you win more than you lose?

I've just tried a system from WizardOfOdds.com on blackjack but I kept losing and excuse me if I sound like a newbie and really ignorant but I wasn't sure if there were any strategies to help you win rather than lose, so i thought I'd ask the community here to see if I can get any sound advice.

I took a websites bad advise and got a welcome bonus at Vegas Red and now I have to wager £2400 to be able to cash out so I'm just looking for a way to get there without blowing like I might on the Martingale system.

Thanks a lot for reading, and I apologise if this question has been asked a million times before, I'm new to the boards,

Dan

[aka23]

You mentioned you used a blackjack "system" that you saw on Wizard of Odds. Do you mean playing with optimal basic strategy? This is not a system to win over time, as the games have a built in house edge. Nevertheless, choosing a low house edge game and playing with optimal strategy is certainly a good way to minimize losses. If you claim a bonus and use optimal strategy, it may be enough to give you an edge, depending on the bonus terms.

[angelfire]

Hi aka23,

thanks for your reply, I appreciate that.

I really am new to strategies, having just used one over a period of time. What would you suggest as a low house edge game and optimal strategy? I really don't know much about this and if you have a link or anything I'd be interested to have a read.

The only thing is I'm looking for something relatively simple as I'm not too good at following complex strategies. The blackjack system I used was the 'best possible strategy' version, and I followed it ok.

All I'm looking to do is pay off my wagering requirements, I have £1500 so far and need to get to £2400 to pay it off, so obviously I know no system is full proof, but I just need something to help me along.

Any info is appreciated,

thanks,

Dan

[aka23]

You mentioned you were playing at Vegas Red. I believe Vegas Red increased their SUB wagering to 100x40 = 4000, rather than 2400. In any case, the lowest house edge (per wager) alternative is casino hold'em since wagering is tripled if you play BJ. I believe I was the first person to put up an optimal strategy calc for casino hold'em, which is on my site, along with a simplified set of strategy rules.

[Simmo!]

Hi Dan

Welcome to the forum. Just wanted to make sure you were au fait with the Vegas Red bonus terms re. Blackjack & Roulette. If you are, no problem, but if not then you need to be as you'll see:

Bets placed on all versions of Baccarat, all versions of Roulette, all versions of Sic Bo, all versions of Darts, Heads or Tails, all Video Poker games, Blackjack Switch, Blackjack Surrender, Pontoon, and Craps will not be counted toward wagering requirements. We reserve the right to withhold any amount in excess of the player’s original deposit from a player's withdrawal if the play bonus is wagered on the above mentioned games. Bets placed on Blackjack, Blackjack Live, Progressive Blackjack and 21 Duel Blackjack contribute one third of their original value towards wagering requirements. In other words, the sum of the bets placed on this game is divided by three when calculating wagering. Bets, placed on any game, which abuse the betting system will not be counted towards the wagering requirements..

Cheers and GL

Simmo!

[Markus]

On way to win more money then you lose in the long run is to play with a bonus and bet aggressive especially if you play with a phantom bonus like the bonus from Vegas Red.

For example: You deposit £20 and receive £20 bonus, total balance is £40. Now you can bet at a Playtech casino like Vegas Red in the game Spin A Win 4 numbers à £10 then your chance to win is 1:6. If you win your balance will be £234 then make smaller bets to get through the wagering requirement without too much risk. With a wagering requirement of 8x(deposit+bonus) and a game like Spin A Win with a house edge of 2,6% (on the numbers) you will lose on average £7.29 and before withdraw your balance will be reduced by the bonus amount of £20. So your total withdraw will be £234 - £7.29 - £20 = £206.71 which is more then 10 times your deposit (remember you had a chance to win of 1:6, i.e. your expected return here is 172%).

You might find this webpage from the Wizard Of Odds interesting:
http://wizardofodds.com/askthewizard...e-bonuses.html

Most important parts:

If you're not afraid of losing, a good way to get out of the wagering requirement is to bet aggressively early, either going for a big win or go bust trying. If you make the big win then grind out required play more conservatively. However, that isn't what you were asking. The probability of turning $400 into $5,900 ($5,500 in winnings), assuming no house edge, is 400/5,900 = 6.78%. Of course there usually is a house edge but if you're smart you can keep it very low. So 6.78% would be an upper bound on the probability.

My advice is to try to achieve a very large win or go bust trying. The greater your winning goal is, up to a point, the greater your expected return. Personally I would try to get to about $2000. It is paradoxical but the only way to realize the value of the bonus is to lose everything. So you want a high probability of ruin. Hopefully that won't happen and you will have a very nice windfall.

[angelfire]

On way to win more money then you lose in the long run is to play with a bonus and bet aggressive especially if you play with a phantom bonus like the bonus from Vegas Red.

For example: You deposit £20 and receive £20 bonus, total balance is £40. Now you can bet at a Playtech casino like Vegas Red in the game Spin A Win 4 numbers à £10 then your chance to win is 1:6. If you win your balance will be £234 then make smaller bets to get through the wagering requirement without too much risk. With a wagering requirement of 8x(deposit+bonus) and a game like Spin A Win with a house edge of 2,6% (on the numbers) you will lose on average £7.29 and before withdraw your balance will be reduced by the bonus amount of £20. So your total withdraw will be £234 - £7.29 - £20 = £206.71 which is more then 10 times your deposit (remember you had a chance to win of 1:6, i.e. your expected return here is 172%).

You might find this webpage from the Wizard Of Odds interesting:
http://wizardofodds.com/askthewizard...e-bonuses.html

Most important parts:

Hi Markus,

thanks for the input, I've just tried betting aggressively with £1500 on roulette at Vegas Red, putting up £50 bets, I was down to around £200 at one point lol, very nerve racking but somehow I managed to get upto my previous balance, and win a hundred, so I'm at £1645 now. I was very lucky.

Basically, I'm playing on roulette and my plan was to get to £2000 then stop, as the Martingale system isn't great and it takes so long with starting bets of 0.10p. If I get to 2K I would need to win 6 times out of 30 playing a game which counted towards my wagering requirements, then I could cash out any winnings.

You suggest 'spin a wheel', could you tell me how to play this game, I'm not sure how it works.

I really appreciate the input, and anyone else with a strategy that I can use on a game which counts towards my wagering requirements would be really handy. I'm still getting to grips with this whole thing so I appreciate the advice.

[kmay87]

You've been playing roulette? As Simmo quoted, seems that's an excluded game....Best to contact support before you go any further, if that's the case.

[aka23]

You've been playing roulette? As Simmo quoted, seems that's an excluded game....Best to contact support before you go any further, if that's the case.

Yes, the terms say that they may "withhold any amount in excess of the player’s original deposit from a player's withdrawal" if roulette is played, so there is a potential for problems. In any case, you can make aggressive bets on any game -- not just roulette or Spin A Win.

[Markus]

As KMAY87 said, roulette is a excluded game! If you play roulette with a bonus at Vegas Red you risk that your winings will be voided! Furthermore it doesn't count to the wagering requirements so you still have to wager the full sum as at the beginning if you didn't played any other game yet. So don't play roulette while having a bonus at Playtech casino like Vegas Red. If you want to play roulette with a bonus play in a Microgaming casino. Microgaming casinos I recommend for that are 32Red Group (32 Red Casino, Dash Casino) and the Jackpot Factory Group (All Jackpots Casino, Wild Jack, First Web Casino, All Slots Casino).

thanks for the input, I've just tried betting aggressively with £1500 on roulette at Vegas Red, putting up £50 bets, I was down to around £200 at one point lol, very nerve racking but somehow I managed to get upto my previous balance, and win a hundred, so I'm at £1645 now. I was very lucky.

This wasn't what I mean with betting aggressive. You don't have a expected return > 100% if you make £50 bets while having a bankroll of £1500. As the Wizard Of Odds said "you want a high probability of ruin", basically this means you have to bet your complete bankroll. So instead of making big deposits like £1500 you should make smaller deposits (in exchange more often whenever you get a good bonus offer) and then make one single aggressive (= high risk and high profit) bet with your deposit+bonus. This is the only way to win more money then lose in online casinos in the long run.

Basically, I'm playing on roulette and my plan was to get to £2000 then stop, as the Martingale system isn't great and it takes so long with starting bets of 0.10p. If I get to 2K I would need to win 6 times out of 30 playing a game which counted towards my wagering requirements, then I could cash out any winnings.

Don't use the Martingale system, it don't work. Trust me you will lose more money then you win in the long run if you use the Martingale system.
This is what the Wizard Of Odds says about Martingale system and other betting systems:
http://wizardofodds.com/gambling/bettingsystems.html

You suggest 'spin a wheel', could you tell me how to play this game, I'm not sure how it works.

Spin A Win is much like roulette but you have 24 numbers instead of 37. You can bet on these numbers just like on the numbers in roulette. The house edge is 2,6% on the numbers which is slightly smaller then the house edge of roullete (2,7%). There are also some other bets like betting on a color but you should not do that because the house edge is in most cases a little bit bigger then 2,6% so you should only bet on the numbers.
The big advantage of Spin A Win compared to Roulette is that this is a allowed game, so you don't have to fear that your winnings will be voided and it counts to the wagering requirement. The disadvantage is that you can only bet pre-set amounts like 10.00, 15.00, 20.00, 25.00, 50.00, ..., so you have to calculate your deposit amount before making a deposit if you want to bet your complete bankroll.