200 Free Spins - How Do Online Brands Make Money From This?

The most common question that is asked on online forums everywhere is how to make money with online casinos. First and foremost, the main goal should be to have fun and be entertained when a customer signs up to an online casino, making money from an actual pastime and the fun is doubled.

Even though the majority of the online slots and casino games are games of chance, meaning that winning is down entirely to luck, some casino games do have different strategies that you can follow to help reduce the edge and increase your chances of actually winning something.

But before concentrating on your winnings, the questions should be asked first. How do online brands make money?

There are numerous ways on how they can make money online:

l Having a house edge

All types of gambling establishments, whether it is a casino, poker room or a bookmaker, including the online ones like Boomtown, will have a house edge that is built into the odds and prices that they offer. This is stacking the odd in their favour to make sure that over time, when the variance is smoothed out, they can make a profit.

An example of this is when the odds that you are giving in blackjack can be determined based on the house edge, which then means that the overall probability is going to be in their favour, mainly tilted, in the long run. So unless a customer or a player has their own edge over the house, like cheating, systems, card counting or other things, then over the long run whey will struggle to make a profit at their game.

l Return to player values

The house edge is not something that is entirely hidden, and it can be known to the player. This is why when looking at different slot games, there is a return to player percentage that you can see flashing. This is effective on the house edge for this game, and it determines how much on average you are going to get from your bets. The standard return to player percentage in the industry on slots games is around 96%. This means that for every $1,000 that is staked on a slots game with a 96% return to player value, the online casino will make around $40 of profit.

l Jackpots and prize draws

Another certified way in which online casinos make their money is by running different types of jackpots and prize draws. This is where people put their money into the pot with the hope of winnings a large prize. Some of the jackpots that are seen in online casinos today can reach up into millions, which is a great incentive for those who wants to get their tickets.

The online casinos are smart about this situation. They run progressive jackpots which are also sweepstakes that have prizes that increase as the pot size increases. That means that the more people who buys the tickets, the greater the size of the prize.

How do you make money on online casinos?

It is no surprise that online casinos have been there for their own profit, and they always will. However, if you are disciplined enough and if you are smart, then the known fact that players do not win anything may not be true. What is needed is looking around and common sense. Playing at online casinos is fun, but if you make money as a bonus then the entertainment will be better.

Competition in the online casino environment is high that some casinos can’t afford to set up slot machines that has a low return to player option. Setting a return to player option of only 70% is common at land-based casinos or even pubs, but if it happens on online casinos that it is not as good of a result.

The return to player of online slot machines today is higher than 96% and it even reaches 99% sometimes which is not so far from making playing online slot machines profitable. As for bonuses and free spins, they can be a way for you to win some money on online casinos. You can benefit from free spins and bonuses for real prizes and other regular promotions that casinos have to offer regularly to stay ahead of the competition. Your job as a player is nothing else than to watch out for promotions and choose the best ones. You can be sure that there are a lot of promotions every day of the week.

Another way to get the advantage over online casinos is playing what they call the Jackpot slot machines, especially when there are massive prices to be hit. Even though the method is favorable to players mathematically, there is still no guarantee that players will win the massive jackpot and the one lifetime of playing may not even be enough, because hitting the jackpot is such a rare occurrence. In the long run, the advantage is with the player.

Lastly, you can also count cards in blackjack. It is another opportunity to make money at online casinos. This method can be used when you are playing online against live dealers. It is vital to master the advanced technique of counting the cards and also to have the appropriate conditions. The dealer must not use any automatic shuffler or the player must not shuffle too often, so that there is a chance of actually knowing which cards are prevailing in the deck.