Stupid Question

KasinoKing said:
I wonder where parkmyjag went? Maybe to park his jag himself? :rolleyes:

Anyway, good timing for this question, cos I've just 'closed' January with the biggest profit I've EVER made in one month - $1,231!! This goes way past my previous best of $915 in October 2003.

This may not sound much to the high-rollers here - but it's a mega result for a low-roller like me!
I'm a dancin' I tell ya!! :D

Have to admit this figure was strongly boosted by a great (successful) slots-only MG SUB that started with a deposit in November, but took til January to complete! Also great SUB's at Virgin, Harrods, and CON - casinos I only joined this year after seeing good reviews on this forum.
THANKS GUYS!!! :thumbsup:

PS: Which games do I make money on? Not telling - it's a secret! :cool:

LOL you can keep your secret if your highest is only over a grand...LOL

Jk KK!!
 
slotchik said:
LOL you can keep your secret if your highest is only over a grand...LOL
Reading the figures you talk about in your posts, it seems obvious that you are a very wealthy and privileged person, and good luck to you.
But the vast majority of people in this world do not share your luxury they scrape their way through life, often on minimal wages, many drowning in debt. There are thousands maybe tens of thousands - of online gamblers who would be equally delighted as I am to make over $1000 in one month most of us are overjoyed just to finish a month in the black!
So if you want to talk down to people less fortunate than yourself well thats your prerogative.
But dont expect any respect in the other direction.
KK
 
KK

Hopefully slotchik was tongue in cheek?

Well done with your winning progress - no matter how large or small.

'I wonder where parkmyjag went? Maybe to park his jag himself?'

Good question - where is he?

Perhaps too busy counting his winnings I hope. :)
 
vgyhnji said:
KK

Hopefully slotchik was tongue in cheek?

Well done with your winning progress - no matter how large or small.

'I wonder where parkmyjag went? Maybe to park his jag himself?'

Good question - where is he?

Perhaps too busy counting his winnings I hope. :)


Sorry Guys,

I have been away for a while, personal family problems :( but nothing to do with gambling.

I wish I had a jag to park :) . I am reading what you guys have posted, keep them coming, I too want to be in a position where you guys are earning money from online casinos.

Any suggestions on where I should start, what games I should play first, should I try for these bonuses? Basically, I need to get a second income going to help ease some of the bills I got. KK I am one of those guys who struggle day to day :(

Thanks in advance :thumbsup:

park
 
Basically, I need to get a second income going to help ease some of the bills I got.

I'd be VERY CAREFUL (can't stress this enough) about going into online gambling, or any gambling, for that matter, looking to make a second income. The variance can wipe out your bankroll in no time at all.

I say this wherever I go (and will bold it, as well):

Only bet with what you can afford to lose.
 
Id suggest looking into playng poker as well. There are many bonuses out there and you dont get labelled a "bonus hunter" and banned. Also if you study the game it is possible to win without taking the bonuses into account.
 
webber286 said:
keep in mind that casinos are in business because the odds are stacked in favor of the house...the best you can do is look for the online casinos with the best payout percentages, especially if they are audited by pricewaterhousecoopers...

some of the best casinos i've found payout-wise are:
99.80% 999 Casino
99.20% Jamaica Bay Casino
99.05% Reef Club Casino
99.02% Jungle Palace Casino
98.76% Winward Casino
Thes numbers are meaningless. They only reflect the past, they don't predict the future. Occasionally, casinos advertise payout over 100%, usually due a progressive win, this does not mean that it will happen again. These numbers are averages over all games, so a casino with a higher proportion of wagering on BJ is likely to have a higher payout than one with a lower proportion of wagering on BJ, all else being the same, but it does not mean that the first casino's games are better.

If there were statistics for each game and everyone played optimal strategy, then you could tell which casino's games are better, but to tell 0.1% difference in house edge at BJ with different rules you would need several million hands.
 
parkmyjag said:
Any suggestions on where I should start, what games I should play first, should I try for these bonuses? Basically, I need to get a second income going to help ease some of the bills I got. KK I am one of those guys who struggle day to day :(
park
I strongly agree with Macgyver - gambling under the pressure of NEEDING to win will almost certainly result in the exact opposite outcome.

But I strongly disagree with Nafanny! Poker is a very dangerous minefield, and unless you have years of experience, I can assure you, you WILL get beat - and bad! While I've been winning at casino's I blew $1000's at poker until I cut back severely on it about 2 years ago.

Start with the best - Intercasino. Don't play the silly games, like Keno, Fruit Machine, Solitaire etc. or the ones not in WR - Craps, Roulette, Baccarat.
Blackjack is most peoples favorite (but not mine!), Stud, PaiGow, 3-card, and Let it Ride Poker CAN be good, but only use minimum bets and make sure you stop when losing too much, or winning too much! (Set yourself a target, say -30 or +30, and make yourself stop when you get there). Their Rapid Fire Slots can be good too - but stick to same rules above.
Other good casinos are William Hills, Harrods, Casino on Net, and pretty much any on the Meister's good list (Except RTG! :axeman2: )
Don't forget to ALWAYS read the T&C's first - especially if you are claiming a Sign-up bonus!
Good luck - be CAREFUL! ;)
KK
 
KasinoKing said:
But I strongly disagree with Nafanny! Poker is a very dangerous minefield, and unless you have years of experience, I can assure you, you WILL get beat - and bad! While I've been winning at casino's I blew $1000's at poker until I cut back severely on it about 2 years ago.


KK

I disagree with this statement. Many, many poker rooms offer bonuses on the order of $5-$10 per 100 raked hands played. This is a HUGE overlay at the lower limits. ($.5/1) You do need to put in some effort in reading some quality books, analyzing your play, and improving your game. Casino whoring will give you a better return than poker playing initially. However, casino bonuses dry up after you've burned through the popular ones. Poker bonuses don't. In the long run .... poker's where its at.
 
bpb said:
I disagree with this statement. Many, many poker rooms offer bonuses on the order of $5-$10 per 100 raked hands played. This is a HUGE overlay at the lower limits. ($.5/1) You do need to put in some effort in reading some quality books, analyzing your play, and improving your game. Casino whoring will give you a better return than poker playing initially. However, casino bonuses dry up after you've burned through the popular ones. Poker bonuses don't. In the long run .... poker's where its at.
You do have a valid point about the bonuses - and it may be something even I will look at in the future. But you must admit that Poker needs far more "skill", "experience", "knowledge" - call it what you will - compared to casino games with fixed return %s. When playing Poker you are up against the unknown - other punters. You could be playing a professional poker player & not know it. Or facing a millionaire, or an idiot, who will blast you out of good hands with disproportionate all-in bets that you just can not call! :(
 
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KasinoKing said:
You could be playing a professional poker player & not know it. Or facing a millionaire, or an idiot, who will blast you out of good hands with disproportionate all-in bets that you just can not call! :(

I totally agree KK, thats why Im a strictly limit player online. If you read a couple of good books and play only decent starting hands your ahead of over 50% of the players. (proberly 75% at low limits)

I find poker to be less risky than BJ but I guess each to his own :D :D
 
I really appreciate all the answers and advice given here. You are right with regards to pressure and not gambling with money you cannot afford to lose :thumbsup:

The more I look at this the more it concerns me and the more my fears are confirmed. I have been playing at various online casinos (casino on net, global players casino, intercasino, etc) for fun money, playing BJ, Roulette and craps and have noticed the following:

1. If you use level bets, say 1 unit, you can really stretch your bankroll, but it takes nearly forever to recoup your losses.

2. If after getting fed up trying to recoup your losses, you start using a progression, man the casino light's up, you can just imagine seeing the casino boss rubbing his hands saying, "Welcome sucker!". Next thing you know you have lost all your bankroll. It is as if the casino know's exactly what you are trying to do which would not surprise me.

If casino games are supposed to be totally random, then why is it when you increase the stakes, the casinos systemactically part you with your money?

Where you might win a hand, spin or roll say on average 4, when you start using a progression, suddenly this increases to 8+. Sorry guys, I am new to all this so please bear with me if I am not making sense here :confused:

So, we know the casino has an edge on us before we even start to play, and everyone including the casinos know of the perfect BJ strategy, so how can you make money against casinos?

Do you guys use your own playing methods to play BJ that is not used by the majority of players?

Thanks,

park
 
parkmyjag said:
So, we know the casino has an edge on us before we even start to play, and everyone including the casinos know of the perfect BJ strategy, so how can you make money against casinos?

Through advantage play.

Essentially, a casino will give you a bonus $X if you wager $Y on a game with a house advantage of Z.

Example ... deposit $100, get a $100 bonus which you can withdraw after wagering $6,000. You play blackjack, where your expected loss is around 50 cents per $100 wagered. So, you'll expect to lose $30 while wagering the $6,000. But the casino has given you a $100 bonus. So after you're done wagering, you'll have an expected win of $70.

Note however that just because the odds are in your favor doesn't guarantee a win. Just as people win big at casinos when the odds are against them, you can still lose big while advantage playing. The universal maxim of don't gamble with money you can't afford to lose applies, regardless of whether you have an edge or not.
 
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I'd discuss bonus hunting, but I'm afraid I'd be tarred, feathered and lynched by half the regular posters on here.

Macgyver - good luck to them and let me do it for you, let them post what they like because there is nothing wrong with it at all.

Hi parkmyjag

welcome back, sorry to hear you have no jag yet, neither do I!

'Basically, I need to get a second income going to help ease some of the bills I got.'

We all want you to make money here, but, as others have already said, be careful. There are no guarantees, the hard fact is its gambling and you may well lose. So from the very start NEVER risk money you cannot afford to lose. This may well mean you have no money, or very little to start a bankroll with. So be it, wait until you have a bit of spare that you really can afford to lose (the casinos will still be here!)- because you must be prepared to lose it and accept it if it happens - if you win thats a bonus.

I suggest you begin by visiting the
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site and copying out the basic strategy for Blackjack. Sign up at a casino and play-for-fun whilst you learn by heart the basic strategy you have copied. You will make mistakes until you have played many hands (and even after that!) and I suggest that these mistakes are best made without risking your own money.

Play-for-fun for many hours and you should become proficient to play without continually referring to the strategy table so often.

Now you are ready to play for real, start with the best initial sign-up bonuses you can find from casinos listed on this site that allow BJ play for WR, copy and read thoroughly the terms of your bonus, play BJ to minimum stakes until you achieve the WR. Assuming you have any balance left, cash-out (YOU WIN NOTHING TILL YOU CASH OUT), do not play more than you have to and do not reverse the cash-out.

You should make money overall from all the bonuses available. Once you have exhausted initial sign-up bonuses things get harder but by then you have either developed a patience, understanding and mental state that can make you more money. Or you have become an addicted loser having already burnt back your winnings and some and should never have started this in the first place.

Its by no means a get rich quick scenario so dont expect it to be.

Whatever you do best of luck.


PS:
'If casino games are supposed to be totally random, then why is it when you increase the stakes, the casinos systemactically part you with your money?'

Before succumbing to this fallacy I suggest you record in more detail the results of hands you play.
 
parkmyjag said:
So, we know the casino has an edge on us before we even start to play, and everyone including the casinos know of the perfect BJ strategy, so how can you make money against casinos?
Pretty much everyone here agrees that in the long run you can not beat the house, no matter what betting strategy you use.
But what you can do is make use of (not abuse) bonuses by meeting WR's before losing all the bonus. It just needs a little self-control. (Well OK, a lot of self control! ;) )
For example, you mentioned Casino on Net which (believe it or not) I only joined for the first time in January! 100% bonus on $200 deposit. I met the $2000 WR playing BlackJack, Stud, PaiGow and even a bit of Roulette! I ended up with a bankroll of $375. That's $175 profit for just a few hours work. :cool:
Good luck again - but PLEASE don't play with money you can not afford to lose.
 
KasinoKing said:
It just needs a little self-control. (Well OK, a lot of self control! ;) )
PLEASE don't play with money you can not afford to lose.

Quite right KK.

Unfortunately I let my standards slip the other night And your record is now safe as I had a losing month in January after 23 consecutive winning months.

I lost $14000 on 29/01/05, I was previously ahead $9500 for the month so my overall loss was $4500. :eek:

It was the deadly brew that led to my loss as it overcame my usual self control. It just shows that willpower is the probably the most important element in gambling.

I console myself that my profit for the last year is still $28000 even after this $14000 loss. Still hard to take however. :(

Mitch
 
Hi Everyone,

Sorry to hear about your loss Mitch, I'm sure you will get it back and then some.

Well, I would like to report that lasseter's casino has given me a $30 no deposit bonus. You can play their roulette for 1c and BJ for 2c. So I think this will be a good test for me.

Any ideas which BJ or roulette strategies I should use on this casino?

I do realise this is free money so no pressure and I am keeping with the "only bet with the money you can afford to lose!" :D

Thanks,

park
 
parkmyjag said:
Hi Everyone,
Any ideas which BJ or roulette strategies I should use on this casino?

The only roulette strategy is don't bet on the 0/0/1/2/3 5-way. Otherwise, every single bet you make on the table has the same expectation.

For BJ, check out the strategy cards at www.wizardofodds.com. Following the correct basic strategy will minimize your expected loss.
 
parkmyjag said:
Well, I would like to report that lasseter's casino has given me a $30 no deposit bonus. You can play their roulette for 1c and BJ for 2c. So I think this will be a good test for me.
Roulette for 1c?? Never heard of that before! Thanks for the tip-off - I may be heading there soon! (How did you get the free $30?)

As for strategy - I use my own WAG system (Wild Ass Guess) - but for beginners, use the Wiz like bpb said.
Unless you have lots of expeience, I would advise you do not touch Roulette at all in real money play - this is such an up 'n' down game, far more dependant on luck than strategy. In any event, most casinos do not allow it for WR if you are taking a sign-up bonus.
 
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Hi bpb and kk,

Thanks for the heads up.

To get the free $30 just sign-up as a fun account and play there for a few days. In a week or so you will get an email from them offering you this free money if you upgrade to a real account.

The free money varies from $10 - $30, so make sure to email them back if they only offer you $10. Just tell them that a friend referred you to them because he got $30. You do not have to mention anyone. Lo and behold, as night follows day, you should get a email back telling you that on their next promotion you will get the $30.

I am up 30cents so far :eek: , not much but starting with $30 only let's see how far I can hold on before I blow it all :p

park
 
parkmyjag said:
I am up 30cents so far :eek: , not much but starting with $30 only let's see how far I can hold on before I blow it all :p
park
WTG! :thumbsup:
And thanks for the info.
Actually I just checked them out (and their clone AusVegas), and think I may not be paying them a (real money) visit after all, after being totally underwelmed by their vast variety of 7 games! :D
So with their T&C's ruling out half, and me being unhappy with 30x WR on BlackCrap - that only leaves VP, Keno & Slots. Hmmmm..... :(
 

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