to beat the casinos with their own money - literally!
wrote this article back in October 2004. It kinda
sums up the overall approach in the ebook - but does
not include the strategy chart. You'll need to get
the ebook for that.
- you didn't read the headline incorrectly. With a
little patience and discipline you can take advantage
of an on-line casino's generosity and beat them, quite
literally, with their own money. There are hundreds
of casinos plying their trade on-line. It's pretty
much a standard feature of every one that they offer
new customers a monetary incentive to open an account
monetary incentives are generally either a:
of the new account incentive offers are very good
indeed. Obviously, the casino is adding the money
to new account holders not only to attract new business,
but they know that the average player will gamble
it all away on the tables and keep coming back for
more losing much more that the incentive they've given
the new player. Sound business sense from the casino
- right? Not necessarily - the clever casino player
can turn the tables and the odds in his (or her) favour
by playing "perfect blackjack."
bonus incentives come with strings attached - the
casinos are not silly enough to allow you to withdraw
your bonus money straight away - you have to play
it through a few times first so you might lose it!
Each casino has its own terms though a typical example
is that they may require you to wager the bonus amount
say 20 times. So if they've given you $100 as a new
account bonus you would have to place wagers to the
cumulative value of $2000. By playing "perfect blackjack"
you really can walk off with your initial stake intact
and a sum on top courtesy of the money the casino
have given you.
The house edge (percentage the casino might expect
to win) from blackjack variable depending on conditions
but generally in the region of 5%. In other words
the casino expects to win $5 for every $100 a player
bets. However - by applying basic blackjack strategy
("perfect blackjack") you can reduce the house edge
to 1% or even less. Now - back to the $100 new account
bonus and $2000 wagering requirement example above.
You've deposited $100 and got your free $100 making
$200 in your account.
the terms of the bonus incentive, you have to wager
$2000. By utilising basic strategy you reduce the
house edge to 1% - thus on average you expect to lose
1% over the course of meeting the wagering requirements
(2000 hands assuming flat betting $1 per hand). Each
hand you play counts towards the wagering requirement.
1% of $2000 is just $20 - you can cash out with £180
left in your account. You've still got your initial
$100 and you've taken an extra $80 from the casino
literally out of their own pocket. Repeat the process
at other casinos and you can rack up a tidy amount
of money. Some casinos even give monthly bonus incentives
so you have the opportunity to take their money from
the every month!
won't win every time - sometimes you'll bust out and
lose, other times you might win more than the above
example. But by playing blackjack with the application
of basic strategy it is entirely possible to literally
beat the casino with their own money. I personally
use this technique and make money doing so. It's possible
that you can do the same - but if you give it a try,
please never, never gamble with money you cannot afford
luck at the tables!
written by Andy. Author of a free ebook on blackjack
strategy. Get your copy today from http://www.perfectblackjack.co.uk