Question For Everybody

Hey there, I'll take and delete those extra threads.

Hedge betting I think is placing a bet on two different outcomes from the same event, which you can do profitably if the odds shift or you have a proper promotion to take advantage.

I can't speak for the other ones you mentioned, as I've only heard of them in passing.

Lets use Tennis as an example.
A match between two players (A and B) with almost equal skills are about to happen.
In casino 1 player A is a small favourite, and in casino 2 player B is a small favourite.
Now, lets say you see this and place a bet on both results in different casinos, so that no matter how the game ends, you will end up as a winner. This is hard to spot for the casinos if you do it in two different groups, but if they find out they might not like it.

Besides that for hedge betting you need an accounts in at least 5-10 sportsbetting sites to follow and find the margins in the odds between the different bookies .
Caliber26 make it pretty much clear above although there's also other ways of hedging too.

And there's one more thing - the bookies don't like that so you could end up your account being banned, except for Pinnacle who in fact greets a hedge betting punters.

Another thing can be when you have an account on every casino site that exist, but only play when you have the very best of bonuses. And then you play only games with very low variance and high RTP, and with the lowest bet possible. With other words, they will not like you very much if you are an expert of seeking out spots and only playing when you have +EV.

It can also be when you use betting systems in order to give yourself an advantage in chances to meet the WR. Take a look at the Martingale system in roulette as an example. Most gamblers today understand that this is a mathematically bad system that will not work for a very long time, but add a 200% bonus with 30x WR to the calculations, and the numbers will look very different.

In terms of casino bonuses, slim is on the money. The casinos are trying to stop people from wagering through bonuses with minimal risk. So for example in Roulette, betting on both red and black, or all columns, or all numbers; or betting on both the dealer and banker in Baccarat; or both sides of a craps roll etc.

Believe it or not many years ago casinos used to give out bonuses with crazy low wagering requirements like 5x the bonus and they could be wagered on any game. So smart players would load up with the maximum bonus then meet the requirements by covering the roulette table or betting both player and dealer in Baccarat. So they would lose the house edge for those games but at that low amount of wagering required they were guaranteed to end up with most of the bonus money converted to cash after the wagering requirements were met. It truly was risk free betting with a guaranteed win.

Hardly any casinos are dumb enough to give away such generous bonuses any more but they still have those rules to prevent players switching to that strategy to grind out the wagering after having a big win on another game.

Well, I've been given a loyalty bonus almost every week for years now on the Bet365 sportsbook and despite that I even don't remember when was the last time I 've succeed to turn that in to a cash, so even the lowest WR (something like x3)could be tough converting most of the times, it's for me anyway.

WaroftheGods wrote:

Wagering requirements are going to soon become a thing of the past,..

Yeah that would of be great, I hope it will become reality someday for every casino out there but right now we should be cautious for any deposit bonus we've triggered for the corresponding wr, that's why I'm usually avoiding most of these.

WaroftheGods wrote:

The only thing that concerned me was that I never deposit very much at a time, so in turn I wager pretty much the lowest amount on an of the slots I play, I thought maybe one day that was going to cause me a headache, but after reading all your answers, I dont think my playing style is much concern to any online casinos these days lol

same thing here WaroftheGods...i always make small deposits and most of the times i spin with the lowest amount possible and had never any problems playing this way.it is like CL-Ed said above...bet in roulette on red and black at the same time to wager a bonus .i agree that the wagering requirements at the most deposit bonus offers are way to hi and at many casinos i have found also a huge list of slot games which count only 50% - 25% or even 0% on the wr reading the terms & conditions for first deposit bonuses..they advertise with a wagering requirement of "only" 25 times the bonus amount but that can easily turn into 50 times or more if you play certain games...that is crazy

Yeah vomvom12 that reminds of a casino (long forgotten which one) I once saw that was once offering a bonus with only 5x wagering. Then we read the fine print and saw that no game contributed more than 10% to the wagering requirement for each dollar wagered. So in reality it was a minimum of 50x. There wasn't a single game in the casino that you could play that would contribute at 100%. A classic case of false advertising.

I've noticed both Slotland and Winaday have both gone the way of higher playthrough requirements for their bonuses when they were once known for having low playthroughs. Wonder if they were losing more money than they liked?

CL-Ed wrote:

Yeah vomvom12 that reminds of a casino (long forgotten which one) I once saw that was once offering a bonus with only 5x wagering. Then we read the fine print and saw that no game contributed more than 10% to the wagering requirement for each dollar wagered. So in reality it was a minimum of 50x. There wasn't a single game in the casino that you could play that would contribute at 100%. A classic case of false advertising.

the last time i find more and more casinos who have this hidden hurdles concealed in the fine print.
it seems to me that it's more like it used to be. maybe it is because i pay more attention to the
fine print as i do when i start playing slot games.
and for me that is much more then false advertising...i would call it misleading of customers/players.
we can not call it a fraud because these unfair rules are somewhere in the fine print but how could we trust casinos who do not play with open cards from the beginning ?

cheers

Reckless Bets wrote:

I've noticed both Slotland and Winaday have both gone the way of higher playthrough requirements for their bonuses when they were once known for having low playthroughs. Wonder if they were losing more money than they liked?

Not sure of the exact answer of that but I've noticed this too, it's likely to be that way but I think those two are not the only casinos going that direction recently so it's probably a global tendency and of course the players couldn't be too happy about it.

Obviously you're done a great job there WG, surely it's nice when the casino reps could see the whole picture from the players perspective and act accordingly to that.