How To Recover Lost Money In Casino

How To Recover Lost Money In Casino

How To Recover Lost Money In Casinos
How To Recover Money Lost In Gambling
Recover Lost Money In Casino
How To Get Back Money Lost At Casino
 The possibility to play for money is the main feature of the gambling world. Only during a session with real funds, the customer can have a full taste of gamble and a real joy of victories.
There is only one scenario in which the answer to how to recover lost money in casino question is yes: Fraud. English-russian dctionary of contemporary Economics  to recover money. Money in the Bank (2011) — For the professional wrestling match, see Money in.
However, if you are wondering how to recover lost money in casino games, the answer is simple – bonuses. Tackling casino bonuses is probably the most logical step after you have done well in matched betting (making money from sports bonuses).
To play for money in online casinos, adult users must:
create a web wallet;
find a suitable casino site in our list for playing;
choose a game and start winning.
Everything seems simple at first glance. However, it is necessary to understand the details and nuances before making the first real bet. So, find out what is the game for real money in online casinos and what entertainment is provided on gambling websites. We'll assess user's odds to hit a big jackpot and give a number of recommendations regarding the choice of gaming platform for safe play.
How to start playing for moneyTo start playing for money, you need to select a credible gambling portal first. A search of an online casino is an important matter for users as it determines further integrity and safety of the game. Opening a page of a gambling resource considered as a potential place for investment, pay attention to:
information about the casino license (date of issue and the regulatory authority which authorised organising gambling activities);
information on owners of the platform, date of the foundation, administration contacts;
availability of information about the privacy policy, conditions and terms of use of customers' personal data.
payment systems available for input and output of money.
ways of providing gambling services (availability of mobile versions of the site, possibility to download and install the game client, access to demo versions of gambling applications).
methods of communication with the technical support and responsiveness of representatives.
online casino reviews from customers.
The license is the most important document confirming the right to organise the gambling business. This is quality and safety assurance, a guarantee that platform activities comply with international standards. Please note, when and by whom the license was issued and the time of its validity. Make sure that the organisation that approved the work of a casino is recognised on the world gambling market and in your country in particular.
Of course, the reviews of the site on forums are not objective data. However, players experience also characterise the work of a casino. On the basis of the opinions expressed, you can develop your own view on this or that site. If comments are mostly positive, it reinforces the desire to further explore the terms of use and range of services of an online gambling portal.
In addition to studying a platform, you should prepare all the necessary for input and output of money from the gaming account. So, you need to get a virtual wallet or credit card which allows making financial transactions. If you do want to monitor the flow of funds, set limits on withdrawals using payment systems. Visa/MasterCard allow limiting amounts of money that can be used on the Internet. Learn how to make a deposit in casinos and withdraw received prizes.
Benefits of playing for moneyGambling is primarily attractive by the fact that the user gets the chance to win real money in an online casino for free at a time. Of course, there are no guarantees of success as games of chance deserved its name (the outcome is unpredictable). However, there are cases of fantastic prizes in real money casinos.
Never assume that casinos are not interested in customer's benefit. Some developers are literally competing showing jackpot records on slot machines. If we are talking about table games, active participants often can get into various kinds of competitions and tournaments, get great bonuses for the use of the software or for money volume used for bets during a certain time period.
So, starting to play for real money at a casino, you get:
the opportunity to hit a big jackpot;
promotions from a casino – various bonuses and drawings;
offers within the loyalty program with a chance to recover some money spent (cash back);
the opportunity to take part in competitions (tournaments).
It is worth noting, that some tournaments imply a further invitation to real casinos with a probability of travelling to other countries. Thus, qualifying rounds of many world championships, including poker, are held on virtual platforms. Needless to say, that the winner of a tournament receives a large reward?
Moreover, it is a game for money is associated with the brightest emotions and excitement. Free apps are training versions lacking the main incentive – a real prize. Besides, not all casino entertainment are available in demo modes. Some applications will open to users only after the registration and making a deposit.
Payment systemsMost online casinos for real money support multiple payment systems – methods of input and output of funds. This diversity allows users to increase the audience by offering the most convenient options for a deposit and transfer of the funds to personal accounts. Furthermore, the use of different methods of committing transactions shows the quality and reliability of a casino. Some payment methods involve additional checks and the legality confirmation of a portal.
Among the popular casino deposit methods, there are:
Visa/MasterCard – payment system implemented in the form of credit cards that have earned the trust of users. Years of experience in the global market are the guarantee of the security and fast transactions.
PayPal – a major debit payment service. It provides fast and secure money transfers and offers the issuance of a personal debit card.
Skrill – a system was originally developed for sports betting. Today, the financial company works with a wide range of services including remittances. Service ensures easy and quick payments, reliability and security.
Neteller – the use of the system implies the existence of an account and registering with the indicating of personal data. Service is positioned as a fast and secure, ensuring speedy transfers to the account or Net + card.
WebMoney – a popular payment system with high protection of user data. To create a virtual wallet, the client must enter the detailed personal information proving the identity. This information is not to be disclosed and is used for the purpose of money transfer security. The system guarantees the anonymity, speedy transactions, the possibility of withdrawing funds to a bank card.
Bank Transfer – system of bank transfers available on all gambling sites. Such transactions involve international and national banking operators, that's why depositing and withdrawing funds from the account mean maximum safety. However, the efficiency of financial transactions is slightly reduced in comparison with the services of 'instant translations'.
Also, depending on the region, online casinos support local money transfer systems – LiqPay, W1, Qiwi and others. Some portals work with cryptocurrency bitcoin.
Systems allowing depositing and withdrawing money are an important indicator of the orientation of a casino. The more ways of account management are given by a website, the more convenient would it be for customers. Different payment methods affect the transaction speed and accrual of money on personal accounts (bank cards, e-wallets). Transaction speed is an important detail which is of interest to users. Find out how quickly a casino is ready to pay winnings.
Deposits and withdrawalsDeposits and withdrawals can be performed only by registered users with access to advanced functionalities. A personal client's profile contains a field for filling in. There, customers of online casinos willing to take off real money through Paypal or other services are to select the desired payment system, enter the details of a card or wallet, assign the amount of money to transfer and (in some casinos) the currency in which the funds must be received.
Replenishment of the game account in online casinos is the crucial moment which can cause a lot of nuances. Before putting money on deposit, find out what payment system are supported by a gaming platform, the timing of money transfers and possible fees for withdrawals, deposits and the conversion of money. Please note, that:
in addition to the commission of banks and payment systems, gambling platforms can charge their own fees;
playing in foreign casinos, specify the exchange rate;
each gambling platform assigns its own limit for the minimum and maximum cash deposit.
When taking off funds, you should take into account the same aspects. Moreover, pay attention to the speed of translation. In an online casino, instant withdrawal is not literally instant. Transaction processing takes some time (from 12 to 24 hours), and money transfer to a bank card may take a few days (up to 5 business days).
Selecting games for moneyGetting to the game for money, any client asks what gambling games are more beneficial – slots or table games. There is no definitive answer to this question. It all depends on the temperament of the player and his preferences. In the relevant section of the site, you can find the useful information about playing slots for money. Odds to win a large sum during sessions on slot machines for real money and at virtual gaming tables are equal. 
The major differences between gambling offers of casinos are:
game rules;
requirement of specific skills;
bet amounts.
Thus, the lowest bets are accepted in the slots. A virtual table game will be much more 'expensive'. A special section of casino offers – gambling tables with live dealers, no deposit casino coupon codes.
Playing for money – tipsPlaying for money is a big decision, so it is not surprising that people try their best to protect the gameplay and make it maximally profitable. Given that gambling is unpredictable, it is worth noting that security is just an integral part of the success. So, for starters, take into account some recommendations regarding the organisation of a gaming session:
Look through terms and conditions of a casino: what conditions must be observed for the use of gambling applications, what bets can be made in a game, how benefits are accrued.
Learn the rules of the selected game. Find out how the program works, what affects the outcome of each round, how to form the desired combination and how are they paid, what is RTP.
Before you start the real game, check out a demo version of a selected game.
Set limits: determine the amount of money to play for, set the limits of winning and losing. Having reached any of them – stop the session.
Learn the basic strategy. However, it is necessary to understand that there is no certain method that guarantees you victory.
Adhering to these simple tips, you get a significant advantage – the opportunity to cope with the game by controlling the bankroll. Sometimes stopping in time is equivalent to winning.
Bonuses and promotionsPromotions and casino bonuses are an additional way to attract and keep customers. Thus, promotions are given for:
registration;
first deposit;
each subsequent replenishment;
volume of bets made;
total duration of gaming sessions, etc.
There are several types of casino bonuses: simple and complex. Simple include promotions directly related to the gameplay (free spins, Free Play, increased payments for bets). Complex – deposit and no deposit bonus in casinos – they involve the accrual of bonus funds on deposit.
A distinctive feature of complex casino promotions is that they need to be wagered (wager is a multiplier for playing for gifted money). When you see x25, x40 indicators or any other number assigned by a casino in the description of a bonus, you should understand that for wagering this bonus offer, you need to make bets exceeding the accrued amount of funds a specified number of times.
Bonuses need to be wagered because the manipulation with the deposit is limited at the time of a promotional offer. So, until the player hasn't wagered or spent all the bonus money, he can be restricted to withdraw funds. If you want to get more information on bonuses, visit the relevant section of the site.
How to check the integrity of a casino
The integrity of a casino – is a user's security guarantee. To enjoy the game without extra worry and suspicion, it is better to ensure the reliability of the chosen site. Determining the quality of a gambling portal can be done by assessing data given on the resource pages. Afraid of being fooled? We have a list of reliable casinos. Choose the best for yourself.
Data on casino ownersOwners of a casino – it is a company or private persons engaged in the supply of gambling services on the Internet. By studying data about the administration, you will find out how long the company is represented in the gaming market, where the head office is located and how to contact the company's representatives. If this kind of information is available in the public domain, it means that a casino act legally and site organisers operate in the open.
This increases the credibility of a casino as customers recognise that they are using the services of living people who are open to dialogue to resolve contentious issues and difficulties. Furthermore, the existence time indicates the quality, and preservation of the common design, logo and focus speak of the reliability and stability of a casino.
Information on the use and storage of personal data
Privacy Policy is the guarantor of the security and anonymity of casino customers. Since we are talking about financial transfers (input and output of money), this topic can be attributed to the most important conditions of interaction with a gambling platform. Before you register, find out:
what data is needed to implement certain operations on a site;
for what purposes customers information is used;
who has access to personal data;
how personal customer data is protected.
If all these moments are covered and described in detail, you can assess the conditions and agree to use site services for cash games. Otherwise, continue searching online casinos for real money if the conditions seem to be unsatisfactory.
Forms of interaction with a casinoThere are several ways to play for money in online casinos: activation of slots and table games directly in a browser window or downloading and installing the game client – a directory that hosts gambling application.
Learn how a casino delivers entertainment services. Also, check out additional features – the presence of mobile versions, the opportunity to try a slot machine or any other gambling game in a free mode. The range of possibilities supported by a gambling portal indicates the quality and commitment of the administration.
SupportResponsiveness of technical support – it is the evidence of reliability and high-quality service. If a site gives several options for communication with personnel involved in the support and malfunctions are eliminated quickly, a site is focused on the user and is ready to provide comfort during gaming sessions.
ConclusionThe opportunity to win real money online instantly attracts experienced players and absolute newbies. The probability of losing only holds the interest and makes the victory even more desirable. Not all countries permit visiting land-based casinos and a trip to Las Vegas or Macau requires a lot of investments. That's why there are online casinos existing on the Internet that offer a full range of gambling services that are as good in quality and quantity as real gambling venues. Here you can find more information about gambling in any country, as long as our website has this country in its list. to find out relevant information on the gambling laws.
You can play slots for money in a comfortable environment: without leaving home, using a PC (by downloading content in a browser or installing the game client on a hard drive) and on the road, using mobile applications.
At the same time, the range of available bets and applications is quite wide. In addition to one-armed bandits, online casinos that payout money offer digital versions of table games and even live games with real dealers.
Overall, this kind of playing is no different from sessions in land-based casinos. Automation of the gambling process automatically resolves the issue of cheating and playing along in favour of a casino dealer during gambling entertainment. Similarly, slot machines are licensed software that does not imply intervention by a site.
Moreover, virtual casinos often provide various promotions, including welcome bonuses and casino free bonus codes. Taking one or another deluxe offer, the customer gets the opportunity to try out casino games at no additional cost. However, it is worth remembering, that most of the bonuses associated with the deposit (money) need to be wagered.
Thus, online casinos that offer to play for real money can be a pleasant entertainment with attractive prospects of winning. The main thing is to examine all available information for security purposes, choose a proven platform, decide on the payment system and a list of interesting applications. And then – there is a direct path to victory.
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 FreeUnlike 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 MoneyLet'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 GetNow 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.

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 GetNow 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.
How To Recover Lost Money In CasinosThere 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 WorkThank 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 BonusesYou 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.
There Are Lots Of Different Types Of Casino BonusesWow what a beast of a post!
How To Recover Money Lost In GamblingLet'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 LINKSMore details on casino wagering requirements.
My summer betting diary where I made £250 a week throughout the summer holidays.
FAQWhat 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.
Recover Lost Money In CasinoWhat are the house odds of some other casino games?
How To Get Back Money Lost At CasinoBaccarat – 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.