| Whoring FAQ | --- Amount whored so far this month using casino bonuses: $150 -- |
So what exactly is Casino Bonus Whoring? And why should I be interested in it?As anyone who has been to Las Vegas knows, the casino business is big business and is very competitive. All of the casino games have a built in mathematical "house edge" which no amount of betting strategy or play strategy (with the exception of card counting in blackjack) can overcome. What this means is that you may be lucky or unlucky over the short term (meaning days, weeks or even months) but over the long term (thousands of hands over years) the casino will win a certain amount per wager. To determine the amount a casino will make long term per wager, you take the casinos "house edge" and multiply it by the wager to determine their expected value. For example, if you know a certain bank of slot machines is advertised with a 95% payout, then that means that the casino has a 5% house edge on that particular group of slots. When you go play a $1 token on this machine, sometimes you win, and sometimes you lose, but the casinos expected value over thousands of pulls will be $0.05 per pull. This means over 1000 pulls, the casino's expected value will be $50. If you started with $200, and went through your 1000 pulls, over the long term, you would end up with $150 remaining from your original $200. Now what if, as a marketing idea, the casino gave you an extra $200 as long as you played 1000 pulls. This would mean you had $400 to play with instead of $200. That would leave you with an expected value of $350 at the end of your pulls, for a profit of $150. Now what if, the casino allowed you to play blackjack instead of slots, which has a 0.5% house edge. This would bring the casino's expected win down to $5 and would make your profit $195 on top of your original $200. That is exactly the situation with Online Casinos! By playing the right games, and using the math that is behind the games to our advantage, we can guarantee ourselves a profit over the long term. Lets look at a typical casino bonus to see how the math works on a real world example. One of the casinos from our "Easy Grand" program is Bet365. This bonus is 100% up to $200. So we deposit $200, the casino matches our $200 so we have $400 to play with. This particular bonus has a wagering requirement of $4,800. This means we must make $4,800 worth of wagers before we are able to cash out. Using the above example as a guide, $4,800 *.005 (.5%) = $24. This is our expected loss over the long term. However, since they gave us $200 extra, we should end up with $176 of the bonus still in our hands. This means $176 in profit! Sure $176 isn't enough to retire on today, but what if you could do this at 10 different casinos, thats $1760! What if you could do this every month at 5 different casinos for $900 a month, or $10,800 per year for clicking your mouse a few times. And on top of all of this, the casinos are always open, so you can work on your bonuses whenever you have a few spare minutes. You don't have to do it all in one setting, you can spread it out over several days if you like. I would also like to comment at this time on a popular misconception about using affiliates like us to sign up. Some people believe that by using links from a site like ours will "flag" them as a bonus abuser. To be honest, the casino knows that these bonuses are used to draw in players who wouldn't otherwise be playing. The bonuses are a cost of doing business and we have never had anyone who clicked on our links be denied because they came from our link. So rest asured that clicking on our links won't affect your status with the casinos one way or the other. So please use our links to sign up so we can keep providing this service to you. |
