This is the guide about low-risk casino offers I wish I had when I started. Prior to making a profit from low-risk casino offers, I had never been in an actual casino and had certainly never placed a casino bet before.
For me, slots were machines that would suck in all your money and leave you broke and in debt. Equally, Roulette seemed like a high-risk gamble where the chance to win was one in a thousand. Blackjack just sounded like a highly addictive drug.
If you share the beliefs of the old me, this low-risk casino offers guide is for you. Let me help you dispel myths and take action.
To ensure Monethalia remains free of charge, this post contains affiliate links.
How much profit can I make from low-risk casino offers?
The amount of money you can make from low-risk casino offers depends on how much time you put in. For me, I usually let the slots run in the background while doing something else. This means I make around £100-£300 per month with 20 minutes or less effort per day.
Some months are more profitable than others. This is due to
- Variance: Low-risk casino offers do not guarantee profit each time. Instead, sometimes you will lose money and at other times you will win (I go into more detail below)
- Available offers: As I am taking advantage of offers, the profit naturally depends on how many offers are available and how lucrative they are
- Time: The more time you put in, the more money you can make. Making £1,000 a month with casino offers is not impossible
Below you can see my profits from slot offers only during my first year of low-risk casino. You will notice that the profit (green line) goes up and down depending on the three factors mentioned above. However, over time, there is a strong upwards trend.
Please ignore expected profit (yellow line) as I have been lazy with logging offers.
I give no guarantee regarding the profit you may make. If you are following this guide, you do so at your own risk and I will not be liable for any outcomes of your actions. You may lose money.
How to profit from low-risk casino offers – the concept
The profitability of low-risk casino offers is based on pure maths and statistics. Please do not run away now, it is less difficult than it sounds! First of all, there are three important terms:
- Return-to-player (RTP)
- Expected value (EV)
What is Return-to-player (RTP)?
RTP is the primary method for casinos to make a profit. It defines how much of your stake (the money you bet) is returned to you (the player). Every casino game has an RTP. It is always given as percentage which commonly ranges between 95%-98%.
Example: Imagine you play a slot with 95% RTP. You bet 100 x £1 (your stake=£100). From staking these £100, you can expect to win £95 (95% of your stake). Therefore, you would lose £5 which the casino takes as their profit.
Every slot and casino game has a slightly different RTP. The higher the RTP, the less money you are likely to lose. Hence, you always want to look out for the highest RTP slot or game.
Slots and casino games are set up to make you lose money. Otherwise, they would not be profitable for casinos. This is why gamblers always end up losing.
What is Variance?
If everyone was always losing, nobody would play slots or casino games. This is why casinos have introduced variance. Variance means that you could win big or lose everything, irrespective of RTP.
However, variance only means short-term fluctuations. In the long-term, the RTP of a slot or casino game will always hold true. Imagine you are in an airplane and are encountering turbulences on the way. These turbulences (variance) do not mean the plane will not reach its goal (RTP).
Note that while planes can crash, RTP cannot be affected by anything. Slots and casino games are rigorously tested to ensure they are not manipulated.
Generally, slots are categorised into low, medium and high variance. For slots, the variance can be minimised by setting the slot to the maximum number of lines and using the minimum stake.
What is Expected value (EV)?
In the RTP section, you have learned that casinos are unprofitable for players. And this is largely correct. However, casinos may run promotions (offers) which we can take advantage of.
We know that we are going to lose £5 for each £100 staked on a 95%-RTP slot. Now, the casino may offer you a £10 cash bonus for each £100 staked. Staking the initial £100 will cost us £5 but with the £10 cash bonus, we have made a profit of £5 (EV=£5).
The amount of money you can expect to gain from completing an offer is called EV. The offer involving staking £100 to gain a £10 cash bonus has an EV of £5. If you are unsure about the EV of an offer, you can use this free calculator.
Note that instead of a cash bonus, most casinos give out free spins but the concept remains the same.
As mentioned, instead of a simple cash bonus, you are likely to get free spins or bonus money that has to be wagered once (x1). If your bonus comes in free spins, this means you may get 50 £0.20 spins. Whether it is a bonus or free spins does not matter.
If you receive a £10 bonus or 50 £0.20 spins with a wagering requirement, this means:
- x1 wagering: Staking £10 (or 50 £0.20 spins)
- x2 wagering: Staking £20 (or 100 £0.20 spins)
- x3 wagering: Staking £30 (or 150 £0.20 spins)
- And so on
Each round of wagering decreases the EV of the offer, thus making high-wagering offers less profitable. This is because each time you wager £10, the RTP is 95% (or £9.50). Thus, 0.5% of your bonus is lost each time you complete a round of wagering.
As a beginner, you should avoid offers that have a wagering requirement of more than x1.
Wagering will negatively affect the EV of the offer. Plus, the higher the wagering requirements, the more likely it is that you will bust out (lose all your bonus).
How do I play casino games?
Blackjack should always be your game of choice, if it is acceptable for a promotion, because it is the highest RTP game (>99%). As a beginner, I thought blackjack was risky and playing it would turn me into a gambler. Now I know that it is actually the most low-risk of all casino games and playing it is as boring as washing dishes.
What is blackjack?
Blackjack is a card game with the aim to get a hand of cards equal to 21 points. You play against the dealer who will draw after you. The dealer will always have a slight advantage but this can be minimised by using the right strategy.
How do I play blackjack?
In the game, you have several options, as shown in the image above:
- SPLIT: When you have a pair, you have the option to split and continue playing with two separate hands
- STAND: End your turn
- HIT: Draw another card. You can hit until you have 21 points or more (bust)
- DOUBLE: Double your stake
The decision of which action to take depends on your hand. You then consult a blackjack chart to find out what to do. This means you need no prior experience to be successful at blackjack. However, if you want to practice, you can do so for free here.
Personally, I rarely play Roulette as Blackjack has a higher RTP. However, Roulette is an acceptable choice for offers that require you to play in a live casino.
What is roulette?
In Roulette, the dealer rolls a ball and you bet by trying to predict the location it will land on. There are several different outcomes you can bet on, including:
- Specific number
- Group of numbers
- Odd or even
How do I play roulette?
To play, simply place your chip on the board. As a matched bettor, you should generally place your chip in either the red or black box (without numbers) or, alternatively, on the “odd” or “even” field. This is because for these fields there are only two outcomes (red or black/ odd or even). This reduces the variance.
You can practice playing Roulette for free here.
Although, roulette is easier to play, you should always prefer blackjack due to its higher RTP (~97% versus >99%).
How do I play slot games?
What are slot games?
Slots are casino games that operate a bit like a lottery. In simple terms, you put in money and receive more or less money in return. While the concept sounds boring, many punters become addicted to having the chance to win £1,000s with low stakes.
However, we know that the return of a slot machine depends on its RTP. You may win £1,000 but this is should happen only after you lost £1,050 (based on 95% RTP). It is only when associated with a bonus or free spins, that slot games become EV positive.
How do I play slot games?
Firstly, before you start playing, ensure that the maximum number of lines are activated and that the slot is set to minimum stake. We do this to minimize the variance. Once you are set, simply click the “spin” button.
Above, you can see the general layout of a slot game, although there are slight differences between different slots. An important feature for matched bettors is autoplay. This allows you to go through a large number of spins without much input from yourself.
which slot should I use for low-risk casino offers?
The choice of which slot to use should be based on its RTP and its variance. You always want to use the highest RTP and the lowest variance possible. When compared, RTP is more important than variance. Your choice may also be limited by the low-risk casino offer you are attempting.
A few notable slots to look out for are these:
- Bloodsuckers (RTP 98.00%)
- Starmania (RTP 97.87%)
- Golden Tour (RTP 97.71%)
- Big Bad Wolf (RTP 97.34%)
- Age of Egypt (RTP 97.05%)
- Wild Gambler (RTP 96.67%)
- Age of the Gods: Gods of Storm (RTP 96.14%)
You can find out the RTP of a slot here.
When completing low-risk casino offers, ensure your slot is eligible for the promotion. Otherwise, you are gambling and will lose money.
How can I start with low-risk casino offers?
Low-risk casino offers with Cashback
These are the lowest risk low-risk casino offers there are. Hence, cashback offers are ideal for beginners! To attract new customers, online casinos offer to pay you a certain sum to sign-up and deposit money with them. This is done via cashback sites.
Usually, offers follow the example of “wager £20, get £20 cashback”. This is super profitable as you can expect to retain £19 of the £20 you staked (if using a 95%-RTP slot for wagering). Overall, you would make a £19 profit (£20 cashback minus £1 lost from wagering your initial £20). Note that your individual results will vary due to variance.
I made over £400 profit from cashback casino sign-ups. Download my free casino sign-up tracker to easily log your progress from Monethalia’s Resources section. In the process, you also sign-up to my free newsletter from which you can unsubscribe at any time.
Getting started with low-risk casino cashback offers
Firstly, sign-up for free with the three major cashback sites:
Then go to the “gambling” section and look for suitable offers. Before attempting any offer, search for reviews of the casino in question. If these are negative or non-existent, stay away. You do not want to fall victim to scam.
Ensure that you do not get tangled up in sign-up bonus offers. If you are offered free spins, you can accept them. However, decline any casino bonuses.
How do I find low-risk casino offers?
After completing the cashback offers, the best way to find low-risk casino offers is to subscribe to Profit Accumulator. You can sign-up for a free trial here and then progress to pay £1 for your first week.
This will give you access to the daily offer calendar and the forum both of which are excellent sources to find low-risk casino offers. Because you spend less time searching, you can complete more offers and thus, the membership essentially pays for itself.
Always check the Terms & Conditions and do not attempt offers that you do not fully understand.
Low-risk casino offers Beginner’s guide summary
Low-risk casino offers are a lucrative way to make tax-free money from home. You can start with only a small amount of money and make £100-£1000 per month in your own time.
The concept of low-risk casino offers is based on math and statistics. RTP, variance, and EV are the key players. You should always aim to use high-RTP slots/games and only complete offers that are EV positive.
A good way to start low-risk casino offers is by completing the cashback offers. You can find more offers on Profit Accumulator.
Should you have any questions relating to this guide, please reach out and contact me via email.
You should only ever place a bet to complete an offer. Mug spinning or chasing losses is gambling and over time, you WILL lose money. If you are concerned about developing a gambling addiction, contact GamCare.
If you like this post, help Monethalia grow by sharing it on social media using the buttons below. You can also sign-up to my newsletter by entering your name and email address into the top bar.
You may also like
My Matched Betting Income Report series is finally back after the Summer break. And with football returning, profits are not far. After taking so...
Matched betting and coronavirus: Is now a bad time to start this side hustle? COVID-19, known as coronavirus, has led to many sports events being...
This simple matched betting guide aims to teach you how to make money from matched betting. If you are interested to boost your bank balance with...
How much profit did I make?My March matched betting profits amount to a stunning £1,354! Or £6,443 in seven months. Bear in mind I started wi...
With matched betting, I supplement my income and in this post, I will show you where My May matched betting profits came from.Matched bettin...
In this OddsMonkey review, I am presenting the website that has helped me to earn nearly £10,000 within one year. When I started matched betting,...
This OddsMonkey vs Profit Accumulator will decide once-and-for-all which matched betting software is superior. Matched betting is a popular metho...
My matched betting glossary explains all important matched betting terms. As a new matched bettor, it can be hard to wrap your head around all th...