Dec 02, 2020 Introduction to free slot bonuses. No deposit bonuses are a promotion given by online casinos to attract new players. These bonuses usually take the form of free credit, which can be used to bet on various games, or the form of several prepaid spins on certain slots. 3/12/2020 Weekly GTA Online Bonuses. Posted by 7 hours ago. Help Reddit App Reddit coins.

Almost every online casino has some sort of welcome bonus to help try and persuade you to sign up and use their website rather than their competitors. With a little bit of thought and cleverness, we can take these new-player casino bonuses and convert them into withdrawable cash.

But before we delve into casino bonuses, let’s talk about sportsbook bonuses. Making money from them is known as matched betting and is pretty easy and may be where you started off?

But right now because of the COVID-19 coronavirus most sports aren’t running so there aren’t that many matched betting offers available. But to try and keep customers casinos are offering better bonuses than normal. Now is a great time to try some casino bonus bagging – especially as we all need to make some more money!

Contents

Unlike Matched Betting, Casino Bonus Bagging Isn’t Risk Free

Unlike matched betting, making money from casino bonuses is not risk-free. But that doesn’t mean that they can’t be profitable and worth doing.

We call this notion EV (expected value). By using maths we can work out how much money we will make on average from the bonus. So why is that not risk-free? Because of variance. Each time we make a slightly different amount, but over the long term it averages to the EV.

If you understand what I mean then feel free to skip straight to the how casino bonuses work section.

Note: this can get quite complicated. If you want someone to explain it to you one-to-one then Oddsmonkey have an onboarding coach who will hold your hand when you sign up to their £17.99 a month service.

The Maths – How Casinos Make Money

Let’s say that we are playing a game of flip the coin, and because we’re fun people we’re also betting on it.

If we bet £1 a throw.

• I win £1 and you lose £1 if the coin comes up heads.
• You win £1 and I lose £1 if the coin comes up tails.

That is what we call a fair game.

There is risk – we could play 100 flips and I might lose money, or I might win money. But either way, it is just down to luck. Statistically, I am not more likely to win than to lose.

There is a 50% chance of me winning each throw, and a 50% chance of me losing each throw.

That is not what it is like in a casino. The casino has an edge.

Let’s change the rules slightly:

• I win £1 and you lose £1 if the coin comes up heads.
• You win £1.10 and I lose £1.10 if the coin comes up tails.

That is not a fair a game.

There is still risk – we could play 100 flips and I might make money. But I am more likely to lose.

On each coin toss I expect to lose 5p. We use this word “expect” a lot when it comes to making money from casino bonuses. It means the average in the long-term.

Here is a very simple tree showing you how we worked out that expected loss of 5p.

(0.5 x £1) + (0.5 x -£1.10) = -£0.05

That number becomes what is called the house edge. For every £1 we bet we expect to lose 5p.

If we play 1,000 flips, I will have bet £1,000 and expect to lose £50 (1,000 x 5p).

The More We Play The Closer To Expected We Get

Now we get a bit more complicated. The longer I play, the more likely I am to lose money.

I am not going to explain the maths here (email me if you want to know), but over 1 coin flip my chance of walking away with a profit is 50%. The coin can either come up heads or tails.

Over 100 coin flips my chance of making a profit has dropped to 31.7%, that’s almost a 1/3rd chance which still is quite high. I might decide that I’m feeling especially lucky and take that 1/3rd chance. But over 6,000 coin flips my chance of leaving with a profit drops only 1%.

That is how a casino makes money. If there are 60 people playing at your casino and each plays the coin flip game 100 times, then each person has a 31.7% chance of leaving with a profit. But as the casino is playing 6,000 total flips it only has a 1% chance of not making a profit overall. A pretty clever business model.

What Are The House Edges Of Different Casino Games?

Now you can’t actually play our coin flip game in a casino so let’s apply this concept to two real casino games.

Roulette. Is a very basic game which almost everyone understands.

There are 36 numbers not including the zero. Of those 36 – 18 are red and 18 are black. The number zero is not red or black. Each time the wheel spins there is an equal chance that the ball will land on any of the numbers 0 – 36.

If you bet on red and it comes up, you win your stake back. So a £1 bet would win £1.

There is an 18 out of 37 chance of a red colour coming up. That means that you have a 48.6% chance of winning, and a 51.4% chance of losing.

Let’s draw that same tree we did earlier but this time for roulette:

(0.486 x £1) + (0.514 x -£1) = -£0.028

For ever £1 bet we expect to lose 2.8p. That’s the house edge.

That’s pretty low. But roulette is not the casino game with the lowest house edge. That award goes to….

Blackjack. Forget card counting or anything you’ve seen in the films, your basic blackjack is the casino game with the smallest house edge.

There are many different rule sets for blackjack, and the house edge depends both on those rules and also on how close to perfect strategy the player is playing. But most games of blackjack have a house edge of about 0.5p per £1 bet (0.5%).

Let’s just think about that, 0.5%. That’s so low! It’s the equivalent of playing the coin flip game with the rules:

• I win £1 and you lose £1 if the coin comes up heads.
• You win £1.01 and I lose £1.01 if the coin comes up tails.

If we played 1,000 hands of blackjack at £1 a bet, we would have staked £1,000 and expect to lose just £5.

How Casino Bonuses Work

Thank you for sitting through all of that. Now that the basics are out the way let’s talk about the juicy stuff. How we can actually make some money from casino bonuses.

Just like with matched betting, most casinos offer new players an incentive to sign up and play at their casino.

Unfortunately, unlike with matched betting, there is no way we can hedge out our bets. But we can use this knowledge of the house edge to turn things in our favour. Provided the bonus is good, we can expect to make money.

Let’s take a look at one bonus that is currently offered by William Hill on their live casino.

To get the bonus, we need to deposit £25 and then place a series of bets that total at least £200. When we have reached that target and we contact customer service, a bonus of £25 will be added which we are then free to withdraw along with whatever is left of our initial deposit.

How We Make Money From Casino Bonuses

£200 sounds like a lot, but after what we’ve learnt about house edges and blackjack it shouldn’t sound so bad. Remember blackjack has a house edge of 0.5%.

Over £200 staked we expect to lose only £1. That means we expect to keep £24 of the bonus!

This is what we expect to happen.

• We deposit £25 into William Hill Live casino.
• We place 200 £1 bets. At the end, we have lost £1 and have £24 left.
• A £25 bonus is added to our balance.
• We withdraw our balance of £49 (£24+£25).
• We have made a profit of £24.

But, there is risk.

There is a chance we will lose more than just £1. There is even a chance of us losing more money than the bonus is worth. If we use up all of that £25 we would need to deposit more in order to finish the staking.

We won’t go into the maths on variance. But understand this. Blackjack has a house edge of 0.5% and a standard deviation of 1.15.

That means that at a £1 bet size there is a 95% chance we will make somewhere between £7.75 and £40.25. But it also means there is a 7% chance of making a small loss.

That is the essence of making money from casino bonuses. You are simply moving the odds to your favour.

Websites like Oddsmonkey and Profit Accumulator (more on them later) have calculators for working out your variance and house edge from different casino games. They also have strategy calculators to help you play the games optimally.

Whew. So after all that explaining, the actual steps were very simple.

But we had to go into all that details because it will enable you to look at more advanced offers and take advantage of them as well. Every casino bonus has different terms and you need to be able to work out what strategy to follow to get the highest ‘expected profit’ or ev from the bonus.

Which brings us on to the hardest part of making money from casino bonuses.

Where To Find The Best Casino Bonuses

You can only do that William Hill Live casino offer once, so to continue making money you need to find some more offers.

And the unfortunate truth is for more casino bonuses it is not profitable to make money from them. You need to find the diamonds in the rough.

You can do this in exactly the same way as you would when sports matched betting. And in fact, if you have done matched betting before you will probably already know the following two choices:

• Look through casino terms and conditions manually.

95% of people pay for a service. Compared to the EV you can make the services are cheap, they give you a curated list of offers to work through, and they point out any dangerous loopholes in the terms and conditions.

My two favourite paid for services for casino bonuses are:

• Profit Accumulator. Free for your first few bonuses, then £19.99 a month.
• Oddsmonkey. Free for your first few bonuses, £19.99 a month.

Nowadays they are both pretty similar with largely the same offers but different communities, website feel and customer service. They each have free accounts you can try out so I suggest signing up to both and then choosing which one you like the most.

Note: this can get quite complicated. If you want someone to explain it to you one-to-one then Oddsmonkey have an onboarding coach who will hold your hand when you sign up to their £19.99 a month service.

Online Casino Bonus Reddit Games

There Are Lots Of Different Types Of Casino Bonuses

Wow what a beast of a post!

Let’s just finish on saying that there are lots of different types of casino bonuses and all have slightly different best ways to exploit them.

By now you should understand the concept of expectedvalue and therefore making money from casino bonuses. You have a guide to tackle your first bonus and you have plenty of resources to help you research and find new offers. Good luck!

USEFUL LINKS

• More details on casino wagering requirements.
• My summer betting diary where I made £250 a week throughout the summer holidays.

FAQ

What happens if I lose all of the £25 before completing the wagering requirement??

This is a very real risk and is also the reason why there is a chance of losing a small amount of money while completing the wagering requirement.

What you need to do is to deposit more money and finish the betting.

I hear people talking about ‘sticky’ bonuses or doubling up. What does that mean?

You should really join a forum and start asking people there. You are getting into some quite complicated areas with the potential to lose some large amounts of money if you make a mistake.

But in short: A sticky bonus is one that you can never withdraw. You can only withdraw the winnings. This means that the tactics we spoke about earlier don’t work. Doubling up is a technique to make money from them. You basically bet the whole bonus on red on roulette. If the bet wins you withdraw the winnings. If you lose you’ve lost the bonus which you couldn’t withdraw anyway.

What are the house odds of some other casino games?

• Baccarat – 1.06%
• 3-card Poker – 2.01%
• Craps – 0.34%
• French Roulette (you get 50% of your stake back if it lands on 0) – 1.35%
• American Roulette (two 0s) – 5.26%
• Slots – 3-10%. Average is about 5%.

Can I card count online blackjack?

No, you cannot. Card counting relies on the contents of the remaining cards changing as the rounds go on. In online blackjack the cards are shuffled every hand so the contents don’t change. You can do it with live blackjack – but I believe they shuffle regularly to make it more difficult. I have never tried.

I have a question that is not answered here?

Drop me an email at hello@sampriestley.com and I will do my best to get back to you.

Can you make money from casino bonuses while self-isolating or under quarantine?

Yes you can! It is actually a very good time to do it because you can do every step of the offer from your home.

Online Casino Bonus Blog

Table Of Contents

Navigating the world of online casinos NJ can be a tough task. Which New Jersey online casino offers the most lucrative bonuses? How to make sure the NJ online casino is safe and regulated? Which online gambling sites hold the biggest online casino games selections?

We have all of these questions answered for you.

If you're looking to find a NJ online casino establishment that will make you feel as if you're gambling over in Atlantic City, hesitate no longer and pick the casino from this list of top New Jersey online casinos!

Top New Jersey Online Casinos

Five does not seem enough?

We want to make sure you're looking at the best gambling sites only, so we took the quality over quantity approach when putting together this NJ online casino list.

Wondering how we chose these specific online casinos and what makes them stand out in NJ online gambling market? Or perhaps you're hoping to know more details about each of these casinos?

Keep reading for a short review of top online casinos NJ!

Top Online Casinos in New Jersey: Reviews

Every single one of these online casino sites is reputable and licenced by the New Jersey Division of Gaming Enforcement.

All these NJ online casinos have their perks and strengths, be it the game selection or the overall feel of the site.

So let's take a closer look at each of these gambling websites.

BetMGM NJ online casino

Borgata in Atlantic City has been the top casino in New Jersey for quite some time now, and their online partners BetMGM bring that same quality to the virtual world.

One of the better known online poker sites out there, the casino version of BetMGM is also perfectly put together, presenting you with a variety of options and convenient navigation from the very start.

With over 300 slot titles, BetMGM treats slot lovers who want to play online in the state of New Jersey very well.

Press 'Slots' on the top menu and get taken to an exciting world, which is conveniently grouped into categories to help you find what you're looking for in no time.

Table games and live dealer games are plenty and of great quality. The live dealer platform is powered by Ezugi, which have made live dealer technology their main focus, so you can expect nothing but the best.

The only downside is that live dealer games are not available 24/7, but they offer a reasonable time window of 10am to 4am.

When you hover over a game that caught your eye, you're offered two options - 'Play Now' or 'More Info'. That's where you get to see the provider of every game - BetMGM wants you to know exactly what you're choosing to play.

To top it all off, BetMGM is not just a stellar platform for casino games; it also offers sports betting and online poker, all in one place.

You can see BetMGM excelling in the customer support department big time. Their 24/7 live support, comprehensive FAQ section and a phone number are all available to you whenever you encounter issues. And you can expect to have them solved quickly.

Overall, BetMGM has everything it needs to be one of the top NJ online casinos, and then some more.

P. S. They have a loyalty program in place that will blow your mind, a mobile casino app that will make playing on the go a breeze, and a first deposit bonus that will boost your gaming experience big time. Feeling convinced yet?

Bet365 NJ online casino

Bet365 has a worldwide reputation for being an exceptional online gambling platform ever since its establishment in 2001. 2018 marks the year it became a legal online casino for all those looking to play online casino games in the state of New Jersey.

And the Garden State online gambling enthusiasts couldn't be more hyped.

Why?

Because the experience edge is evident. Bet365 NJ casino updates their gaming lobby frequently, so each and every player can rest assured their gambling session will be no lesser than in the Atlantic City itself!

True, Atlantic City has Hard Rock Cafe, but then on the flip side you get awesome first deposit bonuses when you play online instead.

And Bet365 NJ will treat you to one.

Now let's see what you can play using that first deposit.

Fan of Ozzy Osbourne, Guns n' Roses, Jimmy Hendrix? Or perhaps you're more into games themed around ancient Egypt or believe keenly in the luck of the Irish?

You'll find slots you're looking for at this NJ online gambling platform.

Table games rarely get that good too! The choices are not the most numerous, with four roulette variations, three blackjack tables and a couple of other options, but the quality lives up to even the highest of expectations!

Bet365 NJ online casino stands out as an extra responsible online gambling site - you're required to install a plugin that verifies your location.

While it's primarily focused on online gambling at does not exactly cater to online poker fans, sports betting enthusiasts have the sports section ready and waiting!

Bet365 NJ is a New Jersey online casino you certainly want to try, even if it's just to see what the hype is all about.

Unibet NJ online casino

Unibet is no rookie in the online casino scene. Coming at you with sports and casino sections, Unibet NJ has both sports betting and online gambling covered.

And it surely does it exceptionally well, starting with the 'Get Started' page, which walks you through all the steps of signing up at an online casino.

When it comes to slots, Unibet NJ casino does not cut corners. There are over 600 slot titles, from the famous Jumanji, to a bunch of new and exciting slots that get added to this online gambling site on a regular basis.

With its signature green and white colour scheme as well as a well thought out structure, the site is pleasing to the eye and a breeze to navigate.

Looking for some live dealer action? Hesitate no longer and head to the live dealer section, where you can choose from eight outstanding games, including roulette, blackjack, baccarat and more!

Table games are numerous, and the demo version is available if you're still learning the ropes.

Something isn't working? Contact Unibet NJ through live 24/7 support, drop them an email, give them a call or go as far as sending a fax document - whatever suits your fancy.

Unibet NJ online casino takes great care of its players, and we couldn't recommend it more as one of the top NJ online gambling sites.

BetAmerica NJ online casino

BetAmerica is where all the patriots play, as they went ahead and designed the site with America's colours - white, red, and blue.

This online gambling site is complete, with a great selection of jackpot games and promotions that will give you an upper hand when getting in on the action.

The casino does not have a multitude of table games available, but it makes up for it big time in other departments.

Are you one of the thrill seekers? Head over to their 'High limits' section and enjoy games designed specifically for the high rollers!

Or perhaps you're just browsing? BetAmerica has made it easy for you by grouping games based on types, themes, limits and much more!

This online casino in New Jersey has made a name for itself for constantly offering new and extra lucrative bonuses - from a gigantic first deposit or sports betting bonus to slot of the week competitions.

BetAmerica is among NJ online casinos that deserve to be called the best.

How We Choose Top New Jersey Online Casinos

First things first, security. This is a baseline criterion for all gambling websites that hope to qualify for any top list ever. Top online casinos are legal online casinos and those that take your money and your entertainment seriously.

There is a lot more to that though.

Take a look at a full list of what goes into choosing our top NJ online casinos:

• Does the casino have many deposit options and quick withdrawal times?
• Does the casino have a good online reputation?
• Does it offer a worthy first deposit or no deposit bonus?
• Does the online casino offer a broad selection of slots and table games?
• Is the live dealer section well developed?
• Is customer support prompt (available 24/7 is a massive plus)?
• Is the casino user-friendly and easy to navigate?

These are the general criteria though. When it comes to online casinos NJ specifically, we also look at:

• whether it is among legal online casinos in NJ;
• whether it is licenced by New Jersey Division of Gaming Enforcement;
• whether the casino takes effort to verify the player's location (e. g. geolocation plugins).

If a casino passes all these tests with flying colours, it is fair to say it deserves a spot on a top NJ online gambling sites list.

And we can proudly say all of the casinos on this page have done just that.

If you're looking for overviews of specific sections, stay tuned, because we will walk you through playing slots, live casino games and much more at online casino sites NJ!

Live Dealer New Jersey Online Casinos

We all agree that the Atlantic City gambling scene is as good as it gets, but sometimes playing some roulette from your couch seems like the right way to spend your evening.

Live dealer casinos that are legal online in New Jersey make sure you get all that thrill and excitement of playing with or against a live dealer without having to leave the comfort of your own home!

The games are numerous, the dealers are professional and the stakes are high (or low, whatever you prefer) at the top NJ online casinos.

Our top pick of New Jersey online casinos that offer live dealer games is Unibet.

Not only are the games available 24/7, but the variety will delight any player. Most importantly, they offer demo play, which is rarely available for live dealer games.

Test your skills, and when you're ready to start playing with real money, with bets as low as $5 and going up to $1,500, you'll surely find what you're looking for.

Online Slots at New Jersey Online Casinos

NJ online gambling sites are famous for their sports betting and online poker sites, but the slots section will have you feeling as if you're gambling in Atlantic city as well!

No matter if you're a devoted online poker player who fancies an occasional slots session or you only play the slots, knowing where to turn when you're ready to spin the reels is comforting.

Most online gambling sites will offer plentiful options when it comes to slots, but we choose BetAmerica NJ online casino as the top NJ online slots site.

Several reasons for that, the first being very convenient navigation. You don't just sort by game types and studios, but also get to apply filters, such as free spins, wheel bonus, volatile payouts, and more!

Slot games are available for free play if you're just testing the waters and don't want to put down real money just yet.

There is really nothing more you can ask for when you're picking a new slot to play.

And if you just want to browse the games, take a look at the best online casino slots New Jersey.

New Jersey Online Casino Sign-Up Bonus

Online gambling sites in New Jersey come at you with an array of bonuses, and you can rest assured you'll get an extra boost when you decide to start playing, no matter where you choose to register.

With that being said, you should know what you're signing up for and which gambling website's offer suits your need best.

Let's take a closer look at what you can expect as a treat for deciding to choose a certain casino.

No deposit bonus casinos in New Jersey

Every online gambling enthusiast is out seeking to get a no deposit bonus.

And what's not to chase? It's basically money on the house to go and explore the casino, and you get it for doing the bare minimum - creating a new account at one of the NJ online casinos.

Good things can be hard to find, so you need to look carefully, search for bonus codes and read NJ online casino's rules to see whether they have a no deposit bonus on offer.

Our advice - check out BetMGM. They usually have a sweet no deposit deal available, and you can use it on pretty much any games offered by this NJ casino.

First deposit bonus casinos in New Jersey

Let's face it, every online casino in New Jersey has a first deposit deal you can grab.

Not all are worthy though.

While gaming for free is awesome and we usually grab no deposit bonuses without much consideration, when it comes to depositing your own money, it's wise to know exactly what you're getting.

What you want to take into account when browsing among first deposit bonus deals available at NJ online casinos:

• does it match the deposit by 100%?
• what's the maximum amount of the bonus?
• do free spins happen to come with it?
• what are the wagering requirements?
• what do the T&Cs look like?

When you have all of that lined up, you can really see if that's the golden nugget that will help you land more wins and explore the casino, or if it's designed to benefit the casino only.

We are proud to say that all of the gambling websites on our list are fair, generous and determined to give you a gaming experience which would top what you'd get in the Atlantic City itself.

If you're looking for a well-balanced first deposit bonus, look no further than bet365 NJ casino. They will double your deposit, and they will do it generously. Plus, the wagering requirements don't bite.

Other bonuses at New Jersey Online Gambling Sites

Free spins, loyalty rewards, sports betting bonuses, slot and table game tournaments that come with prizes are all available at every one of our top New Jersey online casinos.

Browse the promotions section of your chosen casino sites and you'll see that they will go the extra mile to make NJ online gambling a lucrative legal online option for those seeking to play real money games.

Top NJ Mobile Casinos

Looking to play your favourite online casino games on the go?

We're glad to let you know that mobile apps are available from almost all online gambling sites in the state of New Jersey. NJ online gambling has never been this easy.

Online casino apps are the perfect legal online gambling option for those who prefer to take their gaming session off the desktop and onto their mobile device.

All of the gambling sites on our list offer a mobile online gaming option and most are available on both Android and iOs in the state of New Jersey.

These apps are sure to transport you to the exciting world of gambling in seconds.

Online Gambling in New Jersey: Real Money Gambling, Licenses and More

Let's start with some basics:

• Online gambling is perfectly legal in New Jersey
• All online casino sites offering real money games in the state of New Jersey have land-based partners in the Atlantic city
• It's crucial to look for an online casino site that is licenced by New Jersey Division of Gaming Enforcement (all of the casinos on this list hold one). That way you know you're playing at regulated and legal online casinos.

If you know all that, you can rest assured you're gaming safely and at reliable online casino sites.

Now let's take a look at how online gambling became a thing in New Jersey in the first place and what exactly New Jersey Division of Gaming Enforcement is.

It all has to do with the decline of the Atlantic City as the hub of land-based gambling on the East Coast. While the Atlantic City is still one of the top destinations for casino enthusiasts, the gambling scene started to change when more places around the US loosened up their land-based gambling regulations.

Naturally, New Jersey wasn't going to lose its status, and so it started looking for alternative solutions. Regulated online poker and online casino proved to be that much-needed solution back in 2013.

Not anyone can open an online casino that accepts players from New Jersey state though; no land-based partner in Atlantic City means no online gambling license.

That's partially why all sites available for gambling online in New Jersey have such astounding quality - the casino offering online gambling services has a long-lasting reputation to uphold.

Don't ever play at gambling sites that don't hold the proper gambling licenses in New Jersey state.

And when you're looking for licenses, look for New Jersey Division of Gaming Enforcement. They have a list of regulations for online casino sites and online poker sites, which are strict and ensure the highest standards.

Top Online Casinos in New Jersey FAQ

Yes, licensed online gambling is perfectly legal in New Jersey. The gambling sites might ask you to verify your location with a plugin as only the people physically located in the state of New Jersey can access sports betting, online poker or casino sites.

Absolutely, otherwise they wouldn't be out there. New Jersey Division of Gaming Enforcement supervises casino fairness and reputation very carefully, so if you choose a casino that is properly licenced, there won't be any issues withdrawing your winnings.

That's hard to say. Essentially, you should look for casinos that have low wagering requirements and many games with good RTP (return to player).