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Online casino?

  • 02-09-2006 12:17pm
    #1
    Closed Accounts Posts: 126 ✭✭


    Does anybody here use online casino's? if so, can you actually make a good profit from them?


Comments

  • Registered Users, Registered Users 2 Posts: 19,396 ✭✭✭✭Karoma




  • Closed Accounts Posts: 36,634 ✭✭✭✭Ruu_Old


    Mooved from AH. Shift elsewhere mods if ye reckon this isn't the place, thanks.


  • Closed Accounts Posts: 19,341 ✭✭✭✭Chucky the tree


    Does anybody here use online casino's? if so, can you actually make a good profit from them?



    Games like blackjack roulette etc? Of course it possible to make profit. but there alot more losers then winners. Personnaly i think games like blackjack arent worth it. Its takes very little skill and mainly luck. Poker is a different story though.

    I am not sure about other casino games because i know little about them. But again, i do know that their are alot more losers then winners.


  • Closed Accounts Posts: 126 ✭✭haunted-room


    Games like blackjack roulette etc? Of course it possible to make profit. but there alot more losers then winners. Personnaly i think games like blackjack arent worth it. Its takes very little skill and mainly luck. Poker is a different story though.

    I am not sure about other casino games because i know little about them. But again, i do know that their are alot more losers then winners.

    hmm..I dont really know how to play poker. But i dont like the idea of blackjack type games either.


  • Registered Users, Registered Users 2 Posts: 4,282 ✭✭✭westtip


    Never touch these on line casinos - for some reason I just cannot trust tehm- When I play a game of cards I would just rather see the deck being dealt in front of me see the whites of the eyes rather than relying on the "honesty" of an IBM server in someones living room in Moldova - which has been set to provide a guarenteed 10% profit on turnover to the house. Its a bit like tht virtual racing int he bookies - I guess you need to spend the afternoon in the pub be completely locked and on a stag weekend to wonder into Ladbrokes and have a fiver on an imaginery race at an imaginary race track at which the bookie decides the winner. No thanks buddy.


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  • Closed Accounts Posts: 425 ✭✭StephenInsane


    All the main bookmakers have online casinos. (PaddyPower, WillHill, Ladbrokes, Bet365 etc.)

    If you don't feel comfortable playing BlackJack, just play Roulette. Either it's black you win or red you lose...EASY!

    You might make a couple of hundred quid if you're smart and quit while you're ahead, but don't plan on making a living from it!


  • Registered Users, Registered Users 2 Posts: 8,806 ✭✭✭Lafortezza


    You will lose to the house edge over time.
    But if you look for casino bonuses then it's possible to make profit. I've never done it but look for offers on opening a new account. "Lodge $500 and receive $200 free after playing X amount of hands at $5 per hand."
    After you've cleared the bonus amount of hands you should be able to cashout your original $500 plus some of the bonus as profit.


  • Closed Accounts Posts: 14,013 ✭✭✭✭eirebhoy


    I have a strategy of playing blackjack that won me €1,200 from a €20 free bet but you'd need to be really patient. :) Starting off at a low stake level (say 50c for a €50 balance), deal a hand. If you win that hand bet 50c again, if you lose double it to €1. If you lose again double €2, then to €4, and again double to €8, then €16 until you eventually win. It would take 6 losing hands in a row to lose just over €30. As soon as you win a hand go back down to 50c again.

    As your credit increases you can increase the starting stake but I'd stick with €1 until you've got it up to a few hundred. It just means less risk and more patience. If you search for blackjack charts on google it'll actually tell you what hands to play and which ones to stick. After a while it's almost instinct.
    http://www.kasinolankar.com/bilder/blackjack-chart.gif

    I wouldn't double much though. I'd only double on an A when the dealer hasn't got a 10 or A.

    Anyway, 888.com have a very good no risk deal if you want to try it out. You'll get 100% deposit bonus up to $200. You can deposit $200 and you'll get the bonus in your account. Then withdraw the original $200 before placing a bet. It takes a few days before they'll even process your withdrawal so if you bet before the withdrawal is processed your withdrawal is cancelled (scam by most casino's to keep you gambling). When the $200 has been withdrawn you can then start playing with your $200 bonus.

    It needs to be wagered 20 times. I've asked all the questions to live chat and this definitely works according to them. I haven't got around to depositing with them yet though.


  • Closed Accounts Posts: 425 ✭✭StephenInsane


    eirebhoy wrote:
    I have a strategy of playing blackjack that won me €1,200 from a €20 free bet but you'd need to be really patient. :) Starting off at a low stake level (say 50c for a €50 balance), deal a hand. If you win that hand bet 50c again, if you lose double it to €1. If you lose again double €2, then to €4, and again double to €8, then €16 until you eventually win. It would take 6 losing hands in a row to lose just over €30. As soon as you win a hand go back down to 50c again.

    Yeah, you just can't lose doubling up. :rolleyes:


  • Closed Accounts Posts: 14,013 ✭✭✭✭eirebhoy


    Yeah, you just can't lose doubling up. :rolleyes:
    Oh ffs. You'd be bloody rich man if you could find a guaranteed way of winning every time you play blackjack. Jesus.


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  • Registered Users, Registered Users 2 Posts: 2,328 ✭✭✭Mezcita


    Best advice is to check out check out the casino forums on Rpoints.You need to subscribe to them to be able to see it but it’s a good cashback site.

    http://www.rpoints.com/?ruid=101253

    As Lafortezza mentions the concept is called "Casino-bagging". Essentially by receiving a bonus from one of the online casinos the odds are pushed in your favor as long as you keep your stakes low per hand on Blackjack. You also need to use what is called "basic strategy" which means playing the cards in the most mathematically correct way possible.

    http://wizardofodds.com/blackjack

    Above site also has a page listing the various casinos and the software they used. This enables players to adjust their playing style depending on the site they are playing on.

    This calculator explains it all properly:

    http://www.beatthehouse.co.uk/calculator.htm

    Say you deposit £50 and get a "free" £50 bonus. In order to be actually able to take out the bonus it needs to be bet a certain number of times. A figure of around £1200 is about normal. To tilt the odds in your favor you need to keep the bets per hand low. So by betting £1 per time the stats are:

    Chance of overall loss: 16.24%
    Chance of losing it all: 1.37%
    Chance of profit: 83.75%
    Chance of at least doubling your money: 30.72%

    It’s by no means a guaranteed way to make money out of the casinos and the casinos are starting to cut down on whether their offers include Blackjack. I've been giving it a go for the last week and have made about £300 profit but some guys on RPoints seem to be making reasonable cash out of it.

    Hope this helps. Don't start lashing in money if you can't afford to lose it though!


  • Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 60,110 Mod ✭✭✭✭Tar.Aldarion


    eirebhoy wrote:
    I have a strategy of playing blackjack that won me €1,200 from a €20 free bet but you'd need to be really patient. :) Starting off at a low stake level (say 50c for a €50 balance), deal a hand. If you win that hand bet 50c again, if you lose double it to €1. If you lose again double €2, then to €4, and again double to €8, then €16 until you eventually win. It would take 6 losing hands in a row to lose just over €30. As soon as you win a hand go back down to 50c again.
    I've seen a lot of poeple do this in Casino's...and lose it all, including a friend.
    It may win money though.
    He also incorporated that if a table had say three blacks in a row, he would come in and bet red. Then double up if he lost etc...


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