There are hundreds of online casinos and the majority of them offer players promotions such as free spins or bonuses on a regular basis. These can be a great way to add to your matched betting profits and you’ll find all of the best ones listed in the members area of Profit Squad. Even if you prefer the security of sports offers with being able to lock in a profit regardless of the result, many casino offers are low-risk meaning that you have a chance of making a significant profit for a very minimal outlay. Many Profit Squad members dedicate the majority of their time solely to low-medium-risk casino offers and do very well from them. However, there are some members who have ventured into the world of high-risk casino offers. These are offers which usually require a slightly larger deposit but the rewards can be much greater.
If you’re intrigued by high-risk casino offers then you definitely don’t want to jump straight in. They can work slightly differently to low-risk casino offers and different strategies and methods should be used to extract maximum value from them. Profit Squad provides some of the most comprehensive advanced casino training guides available which is why so many of our members are so interested in casino offers and do so well from them.
Why consider high-risk casino offers?
As mentioned, many Profit Squad members focus solely on low-risk casino offers and do very well from them. There are plenty of these about and you’re able to make a good profit for a relatively low risk.
So why get into something where the risk is higher?
In most cases with casino offers, the higher the risk, the higher the reward. As you cannot guarantee a profit from every casino offer, the ‘Expected Value’ of each offer is extremely important. The majority of low-risk casino offers have an expected value of £0.50 – £10 but high-risk offers can have expected values of hundreds of pounds each!
Take a look at this screenshot below of some of the high-risk casino offers available in the members area of Profit Squad. As you can see, the estimated value of the offers is considerably higher than with low-risk offers with some of the offers having an EV of over £200!
So, if the EV of high-risk casino offers is so high, why doesn’t everyone do them? You’d only need to do one per day to make a profit of £5k+ a month on average.
Despite the EV of high-risk casino offers being so high, the risk of losing your initial deposit is also very high. Therefore, you must have a relatively high bankroll to even attempt these offers and be able to handle losing your stake more times than not.
Unlike with sports offers where you know how much profit you will make before the event has started, casino offers are more unpredictable. Instead, we determine an expected value of the casino offer which is the profit you would make on average if you played the offer an infinite number of times.
Calculating the Expected Value for low-risk casino offers where there is no chance of busting out can be done by using a simple EV formula (see below). However, when there is a chance of busting out, in order to determine an accurate EV, you must simulate the wagering hundreds of thousands of times. Of course, this would be virtually impossible to do manually and so you need to use a simulator similar to the one available to Profit Squad members.
The advanced casino calculator at Profit Squad was developed specifically for casino offers and is able to determine the EV of almost any casino bonus or free spin offer by using a number of variables which are input by the user.
The advanced casino calculator will not only determine the Expected Value of any casino offer but also the chance of profit, the average wagering, the average time to complete the wagering, the EV per hour and more.
Getting started with high-risk casino offers
If you think high-risk casino offers is something you want to try, it’s essential that you use the correct strategies and methods. Simple things like changing the size of your stake when wagering your cash or bonus can have a huge effect on the Expected Value, as can the game you play and a number of other variables.
Profit Squad provides full advanced casino offer training to annual members who also have access to dozens of +EV casino offers and the use of the advanced casino calculator. There are many members of Profit Squad who are extremely experienced in high-risk casino offers and are willing to help others out. All Profit Squad members get access to our private Discord channel which is a place to discuss matched betting, strategies, offers and more in real-time. It’s a live chat application which is more effective than a standard forum you may find elsewhere.