Turn Bingo Bonuses In To Cash In your Pocket!
Posted on December 18, 2009
Filed Under Uncategorized
Simply taking the time to read this article and gaining just a little bit of knowledge you can turn free online bingo bonuses into cash in your pocket! All online bingo sites such as Jackpotjoy Bingo are much more than bingo portals. They are in effect casino sites as they offer a massive range of casino games similar to online casino sites such as 32Red Casino. Blackjack is a game where the house edge is less than 3% so long term out of l000 x £1 hands you would lose £30. How then can we make a profit? Well online bingo sites such as Jackpotjoy Bingo are fighting for new customers. Most will offer you 100% or even 200% deposit bonus. In real terms this means that if you deposit £100 you would be playing with £200 or even £300. Unfortunately you can’t though simply cash out. You are required to play a fixed amount before you can make withdrawal.
To further explain the rules regarding cash outs let’s imagine that we get a 200% deposit bonus but the site states we must wager 10 times our initial deposit which is the wagering requirements. If we deposit £100 we will in effect we have £300. So If we intend to play blackjack at £1 per hand then we would have to play 1000 hands to meet the wagering requirements. For optimum play use Google to find a blackjack strategy card that tells us the optimum play for every hand. As an example let’s say the house edge is 3%. Using optimum strategy we are expected to lose £3 for every £100. For a £1000 we will lose £30. As you can see we are predicted to lose £30 so we should be able to cash out £170 profit.
There will be times you will get unlucky and lose more than £3 per £100. Other times you get lucky and lose less than £3 per £100 or even win. Don’t also forget online casino sites like 32Red Casino as many also offer good bonuses.
Give it a try!
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