Low & No Risk Casino Guide: How To Make Profit
Casino offers are a potentially lucrative chance to boost your betting earnings. However, there is a lot more that goes into it than spinning the roulette wheel.
That doesn’t mean it has to be difficult – or even risky.
That’s where this guide comes in. We’re going to teach you what to look for in a low-risk casino offer and the best methods of finding these offers.
When you see online casinos being advertised you might be sceptical. Surely the odds are stacked in favour of the casinos?
Well, you’d be right and wrong.
Every casino game is stacked to favour the casino. This is how they make their money. By gambling, and mindlessly spinning you are likely to lose more than you win.
Unlike physical casinos, the online variety make you aware of this. It can be seen in the RTP percentage.
RTP, or Return To Player, is the percentage of your money wagered that you can expect to get back. Let’s look at an example.
If the RTP of a slot machine was 92 that means if you were to wager £1 one hundred times you could expect to get back £92. A loss of £8.
This is of course based on betting in the long-term. Over time the machine will be profitable because probability states it is keeping 8% of all money wagered and simply returning the other 92% to players.
Right now casino games might not sound very enticing. However, if you have any familiarity with matched betting you know that the profit lies in the offers.
Online casinos are always looking to bring back old customers and entice new ones into gambling. To attract people they will run offers which can normally be accessed with little or no deposit.
They are even happy to lose money on these introductory offers as they know the value of getting customers back into gambling long-term.
We want to avoid gambling with no strategy but if we stick to these offers we can start to build profit.
How Do Risk Free Offers Work?
Risk Free offers are where bookmakers give you free spins on games where there is no risk of you losing money – some you won’t even have to deposit any money.
These offers are likely to be mostly available to new customers. For signing up to the bookmaker you will get a certain amount of free spins in return.
You will be surprised by the amount of companies that are in the online casino business. Even if you have been matched betting, there will be a large number of casino bookmakers that you won’t have registered with.
Even if you have signed up, most companies run what’s known as reload offers. These offers are open to all customers and can be one-offs or be part of a regular promotion.
However, not all casino offers are as they seem. Companies will often put wagering requirements on any winnings. Meaning you will have to bet anything you win a certain amount of times before you can withdraw it.
For example, you might get 20 free spins but the offer has a 30x wagering requirement. That means if you win £5 you have to stake £150 before you can withdraw any winnings. If each spin costs £1 you have to do that 150 times to match the wagering requirements.
Suddenly this offer doesn’t seem too great. There are times when it may be beneficial to complete offers like this but for the purpose of this section, we will be focussing on offers that don’t carry these requirements.
Risk Free Casino Offers
There are a lot of casino offers about. We have separated the offers that, at the time of writing, are truly risk free. All of them will require you to sign-up.
BGO Casino 10 Free Spins
- Create a free BGO account and make sure you select the box that offers you 10 free spins. No deposit required.
- Free Spins will be credited to your account. You have 3 days before the free spins expire.
- Free spins can be played on selected games only. Please check before playing.
- No wagering requirements.
- 50 free spins for customers new to Paddy Power Vegas. Create a Paddy Power account using the promotion code they supply.
- You will be sent a free code which you will need to enter at Paddy Power before the free spins are credited.
- Selected games only. Free spins must be used within 10 days.
- Available for all customers but you must opt-in. Paddy Power will send you regular emails with free spins.
- On selected games only.
- No wagering requirements.
William Hill Vegas
- New Vegas customers only, must opt-in.
- 30 seconds of free spins at games priced at 10p a spin.
- Free spins must be used within 24 hours.
- No wagering requirements.
- 50 free spins to new Sky Bet customers. Register and add a card to your account.
- Click the opt-in button to claim your free spins. They will be credited to your account with 24 hours.
- Free spins must be used within 7 days on selected games only.
- No wagering requirements.
There are some offers which requires you to deposit money in order to receive free spins. We’ll run through one example with you here.
PlayOJO offer 50 free spins when you make your first deposit.
The minimum deposit is £10 so we suggest you match this to trigger the promotion. Signing up is easy and takes less than five minutes. It’s no different from your normal sports bookmaker, they will ask for name, email and address.
There is a variety of deposit options available from bank transfer to eWallets. It is important to remember that while deposits may be instantaneous, withdrawals can take a few days and you may need to provide ID and proof of address.
We would advise that you have a photocopy of these items saved on your computer. That way you have it ready to upload should a company ask.
Once you have registered and deposited your money you should navigate to the promotions section and claim the reward.
In this offer, the free spins have to be used on a certain game.
When using the free spins it’s important you keep track of how many spins you have made. There will normally be a counter but you don’t want to overuse your free spins and start spending your own money.
You should be alerted by the website but this might not always be the case.
You can see above that we’ve won £2.80 from our free spins. It doesn’t seem like much but this offer took us less than ten minutes to complete including sign-up.
There is no fixed amount that you can expect to make. There is the possibility of striking lucky and getting a big win. We have heard of some users winning large sums of money on slot games for very little risk. This shouldn’t be expected it is exciting to know there’s a chance of it happening.
The most important thing is if done correctly you are not going to lose any money.
With the amount of risk-free offers available the profit will start to add up. Remember, it’s essentially free cash.
For this offer, they have certain thresholds in which they will match your deposit with free spins.
Deposit £25 and receive 25 free spins, deposit £100 and receive 100 free spins or deposit £200 and receive 200 free spins.
Other offers can take the format of:
Deposit £10 and receive 25 free spins. No wagering requirements.
Deposit £5 and receive 10 free spins. No wagering requirements.
Deposit £10 and receive 10 free spins. No wagering requirements.
These are just a few of the offers out there. It would be a good idea to go through and complete all the sign-up offers that bookmakers run.
Low Risk Casino Offers
Low risk casino offers do require you to wager some of your money. You will normally have to bet a certain amount in order to trigger free spins or a bonus. For example, bet £20 and get £10 free. Or bet £20 and get 50 free spins.
This means that by wagering £20 worth of spins on slot games they will credit you with £10 which also has to be wagered on the slot games. Or by betting the amount specified you will trigger free spins.
Betfair Arcade is currently running a similar offer which requires you to bet £10 on selected games to receive a £10 bonus and 20 free spins.
This comes with a wagering requirement of 10x. You have to wager the £10 ten times before you can withdraw any winnings as cash.
How do you know if the offer is profitable?
Due to the nature of these types of offers, it is possible to lose money. Finding casino offers with a positive estimated value should lead you to be profitable in the long-term.
There are several estimated value calculators that are available through a Google search.
Here it shows our offer of having a positive EV of £3.45. That’s how much we should be making from completing that offer regularly. With low risk casino offers like this, it is important to try and complete a high number of them.
By doing this you are giving yourself the best chance to even out the results into positive.
Although using a calculator like this can help to point you in the right direction you should not take it as gospel. This is because they fail to take into account all of the variables involved in slot machine offers.
This is why, like matched betting, it becomes more difficult to find promotions once you have completed the sign-up offers.
Where To Find Low and No Risk Casino Offers
A long list of casino sites can be found by Googling casino offers. The difficulty comes in finding the offers that are worth your time.
It is possible to do this manually. Signing up to receive promotional emails from casino bookmakers will help you locate promotions that are being run. Also, most sites have a promotional section where they display the offers currently being run.
However, all of this takes time. To be taking as much profit as possible your time should be spent completing offers.
To do this we recommend that you sign-up to Profit Maximiser. This site does all the leg work for you. It displays loads and loads of casino offers. Not just this, it also gives us the numbers behind every casino offer.
It does this in a much more sophisticated fashion than any free calculator.
All you have to do is decide which offers are worth your time and go ahead and complete them.
We only recommend products that we have used ourselves. We have been members of Profit Maximiser for a while and will continue to use and recommend it as the number one product for exploiting casino offers.
Hopefully, there will be enough information in this guide for you to go out and start making money from casino offers. It might seem confusing at first but once you get your head around it you can start making money with little risk.
The best thing about casino offers is there’s always the chance of winning big. That’s why you should get started today.
About the Author
This post was written by Max. Max has been writing and editing for Beating Betting since August 2019. He's a massive sports fan and got into matched betting a few years ago.