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Yes, you can make money from casino offers too. Deposit Bonuses, Refund Offers, Free Spins... Use the purpose built Monte Carlo Simulator to assess value and risk, before you get your feet wet.
Generally NOT Risk-Free. Ensure you understand Bust Rate and Expected Value before using.
How it works
Defined
A casino welcome bonus. Usually a deposit match (deposit $100, get another $100 to play with), a refund offer or a free-spins package. The 'catch' is the wagering requirement. You normally need to play through the bonus before you can withdraw anything.
We show you where you can turn these into +EV opportunities.
The mechanic
You only play offers where the expected value is positive after the wagering requirement, game RTP, bonus terms and stake sizing are included. Some offers are worth doing. A lot are not.
For wagering requirements, RTP and variance in full, see Casino Bonus theory on Learn.
Where
Inside the EdgeHunters dashboard. We screen casino bonuses, filter out the bad ones, and show the offers where the maths actually makes sense. You do not need to read every casino promo manually.
How
The platform shows the offer value, the wagering requirement, the game to use, and Optimal Strategies (including Two-Tier). You can also run casino offers through our Monte Carlo simulator to see the distribution of outcomes, before you get stuck in.
Most people don't know how to play casino bonuses optimally - we'll teach you.
FAQ
The bits people usually ask before signing up. Live chat support is on every page if you get stuck.
If you play random games with random stakes, yes. Casino Bonuses are different because we only care about bonuses where the expected value is positive.
There is still variance. One offer can finish above or below expectation, but if you could run the same type of offer many times, the results would start to converge towards the Expected Value.
Variance is real. The Monte Carlo simulator will give you the probability of busting out (losing your entire deposit), so it can (and does) happen. Ensure you understand the risks before proceeding.
Across many offers the maths converges, because of the Law of Large Numbers.
Casino offers usually need a deposit to unlock the bonus, but that's not the whole story. You need to consider the risk you're taking on. Let's say you're considering a $500 deposit to get a $500 bonus, with a 50% bust rate... well, you'd want to have a hell of a lot more than $500 in the bankroll.
We calculate the recommended bankroll for each offer. This essentially answers the question “If I were to play this offer, over and over again, infinitely... in what proportion of those universes would I bust out my entire bankroll”. We want that number to be really small. For our guides, less than 0.5%.
Built into Premium
Before you put real money through a bonus, run it through the simulator. It models millions of playthroughs of the bonus/refund offer/free spins offer you're looking at, so you can see what you're getting yourself into. It's a bit like peeking into the future.
The Casino Simulator is available to Premium Members only. Read the casino bonuses lesson on Learn to understand the maths first.
Illustrative data.
We generally recommend doing the Sportsbook Sign Up offers first, then moving onto non-Risk-Free profits like the Casino Offers and +EV once you've built your bankroll up.
The sportsbook side of welcome bonuses. Lock in Guaranteed Profit with Matched Betting - the bread and butter.
Recurring bonuses the books send existing customers. Smaller profits, but they keep coming.
Take prices that are better than they should be. You are not covering every outcome, but the edge pays out over enough bets.
When two sportsbooks disagree on a price, cover every outcome and lock in profit no matter the result.
Start free with no card and bank up to $100 in profit. Want the rest of the toolkit? Add a 7-day Premium trial when you're ready. Card required, cancel before day 7 to avoid the first charge. The team's on the live chat if you need a hand on your first offer.
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