No-risk and low-risk casino offers can be very profitable–as can high-risk casino offers. However, knowing where to draw the line between offer types and how to approach them can be challenging for matched bettors.
Which type of casino offers are right for you depends on your personality. Even if you are against putting your money at risk, no-risk casino offers still offer you the opportunity to profit. Equally, if you have large bankroll, high-risk casino offers may look very appealing to you.
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Table of Contents
No-risk casino, low-risk casino and high-risk casino in matched betting
If you want to learn how to complete casino offers, read my free matched betting low-risk casino guide.
What are no-risk casino offers?
No-risk casino offers are inherently risk free. This means you cannot lose money from completing these offers. This makes no-risk casinos suitable for every matched bettor, whether you are a beginner or an expert.
Examples of no-risk casino offers include free spins without prior qualifying criteria, no-deposit bonuses, and offers that do not require you to wager your deposit.
Are no-risk casino offers profitable?
The short answer is “yes”. As you cannot lose money, no-risk casino offers are always expected value (EV) positive. This means over the long-term you will make a profit from completing these offers.
However, as bookmakers are guaranteed to lose money from no-risk casino offers, this offer type is usually limited. Additionally, no-risk casino offers may come with high wagering restrictions. This makes it much harder to profit.
You should still take advantage of every no-risk casino offer due to there being nothing to lose but a lot to gain.
How to find no-risk casino offers
You can easily find no-risk casino offers in Profit Accumulator‘s daily offers list. They are labelled as “risk free”, making them easy to spot for beginners.
What are low-risk casino offers?
Low-risk casino offers are the most common offer type you will encounter. They are the main way matched bettors make a profit from casinos. There are various different types of offers that fall into this category.
Most commonly, you have to wager your own money before receiving free spins or a bonus. Generally, the free spins or bonus will have no or low wagering requirements. This means you have to put your own money at risk but you can expect to gain money from your free spins or bonus.
Note that low-risk casino offers are profitable over the long-term, in the short-term you may lose money. Therefore, low-risk casino offers are very different from no-risk casino offers.
Are low-risk casino offers profitable?
Low-risk casino offers are very profitable. You can usually expect to make £1 per offer (although this varies). They are profitable because you can let the slot run in the background while you are doing something else. Hence, they are low effort.
Additionally, low-risk casino offers give you the chance of winning big. You could potentially win a jackpot, although this is highly unlikely. Think of low-risk casino offers as lottery tickets, except you will make money from them.
Note that for low-risk casino offers to be profitable, you can never stake more than the minimum requirement and should stop once an offer is completed. Everything else would be gambling.
How to find low-risk casino offers
You can find low-risk casino offers in Profit Accumulator‘s daily offer list. Some offers may appear to be profitable but are EV negative. This is why it is important to check whether an offer is on the daily offer list beforehand.
Profit Accumulator is a paid matched betting service. However, the membership will pay for itself as you will save time by not having to search for offers and you can always be sure that the offers are profitable.
If you are unsure whether Profit Accumulator is worth it for you, you can sign-up for a free trial and upgrade to premium membership for £1 for your first week.
What are high-risk casino offers?
High-risk casino offers are the kind of offer where you either lose everything or you win big. More often than not, you can expect to lose all your money. However, when you win, the money you gain will make up for your losses.
By their nature, high-risk casino offers are similar to low-risk casino offers. Distinguishing them can, therefore, be difficult for beginners. However, there are few differences:
- High-risk casino offers generally have high staking requirements (wager £100+)
- Slots used for high-risk casino offers have high variance (it is hard to win, many dead spins)
- Free spins or bonuses have high wagering requirements (x10 and above)
Are high-risk casino offers profitable?
High-risk casino offers are the most profitable casino offers. You can expect to make around £10 per offer. However, the issue is that you are likely to lose money, and depending on variance, it can take a long time to make a profit.
This is why you should stay away from high-risk offers until you have a large bankroll and feel comfortable with the risk. Even then, I recommend limiting the amount of high-risk casino offers you attempt.
How to find high-risk casino offers
If you want to complete high-risk casino offers, it is crucial to have access to Profit Accumulator‘s daily offers list. This is because profitable offers are very hard to find by yourself. Many offers that may seem like profitable high-risk casino offers are actually EV negative. This means you can lose large amounts of money.
You can also search for offers yourself and use a free EV calculator. However, I only recommend this if you are already very experienced with this kind of offer type.
While the different types of casino offers may seem similar at first, there are key differences between them. As you increase the risk, the EV also increases. It is a relationship that is also seen in other areas, for example, in investing.
When completing casino offers, no matter of their risk, it is important to never stake more than the minimum amount or continue playing a slot after an offer has finished. While there may be short-term gains with gambling, in the long-term, you will lose money this way.
If you ever feel like you are losing control, casino offers may not be right for you. But fear not, there is an abundance of other ways to make money.
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