CASINO WHORING!!!

"Casino Whoring", a startling term for someone who comes across it for the first time,
is a method or technique used by some people, whose main goal is to exploit the bonuses
offered by online casinos to new players. The objective is to play casino games using
these bonuses to the maximum extent possible, risking little or no money of their own,
and in the process make a profit, then hop onto the next online casino bonus offers.

Free Casino Bonuses for new players:

Most online casino, bingo or poker sites offer bonuses to new players as a way of luring
them into their site. These bonuses are of two types. One is the No Deposit Bonuses -
where a certain amount of money is given without requiring any deposit e.g. $25. The
other is the Sign Up Bonuses also called Welcome Bonus, New Player Deposit Bonus or
First Deposit Bonus - where a certain percentage of the first deposit made is given as free
bonus subject to a maximum amount e.g. 300% up to $300. These bonuses can be used to
play the casino games and the winnings from it are credited to the players' accounts.

Restrictions on the Bonus winnings:

On top of the free cash bonus, these gambling sites set rules which must be fulfilled
before winnings from the bonus can be withdrawn. The most popular is the 'Wagering
Requirement(WR)' rule. With this rule/requirement, before the bonus is eligible to be
withdrawn, wagering/betting of a certain number of times of the bonus must be made.
This WR is usually around 25xB (i.e. 25 times bonus amount) for Casino and Poker
games and 2xB(2 times bonus) in the case of Bingo games. This means that for a casino
or poker bonus of $20 with a 20xB WR, the total wagering minimum before encashment
will be 20 x 25 = $500! This makes it very hard for players to profit from the bonuses.
Most people would lose all their balance before fulfilling the requirements, which is
exactly what the Sites hopes would happen.

Another requirement that some online sites enforced before cash out of winnings from
the free bonuses are permitted is the Minimum Deposit rule. In this case, a certain
amount, say $10, minimum deposit is required to be made before withdrawal of the bonus
winnings is allowed. This is not so much of a hassle as the first rule, as the player would
deposit the amount only if he has got a considerable profit from it.

What the "Casino Whoring" practitioners do:

Given the rules that are in place, what the Casino Whoring practitioners do is take a
calculated approach to the games. The first thing to do is look at the odds against them.
The odds of winnings varies according to the game. For Example, the payout percentages
of games like Blackjack is generally known to be better than slots. Slots are reported to
be around 95%(i.e. in the long run) which gives the House a 5% edge. House edge for
Blackjack is reported to be around 0.5%. So in this case the first choice would be to play
on Blackjack. A slight hitch here is that in some smaller casinos, Wagering Requirements
are not counted when played in Blackjack. But a couple of big casino houses do, albeit
most of them in a slightly higher WR than playing slots e.g. 50xb instead of 25xb on
slots.

The "Science" - the magic formula:

Take an example of a Sign up bonus of 200% up to a limit of $200 and WR of 50xB in

Blackjack.

Deposit $100 + $200 (200% bonus) = $300. WR = 50 x 200 = $10000.

House edge =0.5 of total wager = .5% x 10000 = $50 = expected loss on play-through of
$10000 in the long term.
So net balance after fulfilling WR = $300 - $50 = $250.
Therefore net profit = $250 - $100(deposit amount) = $150

After the player satisfactorily fulfills the play-through, he withdraws the money and then
move on to another Casino Site with bonus and start all over again.

So, is winnings using "Casino Whoring" method guaranteed?

The example taken above is based on a perfect condition where the payout percentage is
absolutely spot-on and that the turnover of the particular set of games is full circle i.e. the
long term is fulfilled during the play-through. This in reality can never be guaranteed in
fact. Yet the risks are, to a certain extent, definitely minimized. And for the careful
player, the option to withdraw before the deposited money is touched is always there.

Therefore it is still more of a combination of luck and science working together. Yet,
there are a number of people who have reported making profit using this method.

So wanna be a "Casino Whore"? Huh! Feel free to try your luck.

For those interested - Suggested Latest list of bonuses: 1) No Deposit Casino Bonus 2)
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Deposit Poker Bonus 6) Poker Deposit Bonus.