Let’s assume you are running an 바카라사이트 (or, online casino), you’d be into the business to make right? This means that you’d do everything to make sure that your business is secure because you wouldn’t want to lose money. But if you are the player, you’d be in it to make money as well, which means knowing a few handy skills that’ll give you an edge would be a big bonus.
Everyone knows that it’s possible for online casino owners to prevent cheating by using secured technologies. While some people believe that it’s possible to still cheat in online gambling despite the security and rules and others believe it’s not. So which is it? Possible or impossible? To find out if it’s possible to cheat online, continue reading.
Is It possible to cheat in online gambling?
This is a tricky question as it doesn’t have a straightforward question because the answer is either yes or no. Yes, because like every other technological invention, the software is bound to have loopholes that can be exploited. No, because iGaming websites know that loopholes on their platform can be exploited by players, they take preventive measures to detect and prevent unusual activities at the machines.
So while it’s safe to say that cheating at online casinos is possible, the odds of achieving them are pretty low and if you get caught, you can be prosecuted and face jail time.
How to cheat in online gambling
Although it’s illegal and difficult to cheat online casinos, there are still some techniques that cheaters use to make money online gambling. One of the most commonly used techniques to cheat online casinos is “Bonus Abuse.”
Bonus abuse: what it is, how it works, and how casinos tackle it.
Bonus abuse can be defined as the act or process of signing up for the service multiple times using marketing offers that are usually intended for new users only. While casino operators see it as cheating, some players agree otherwise as they believe that the bonuses are there to be taken advantage of as long as they meet the terms and conditions of the bonus.
So how does it work? Casino operators usually offer incentives to new members who sign up, usually in the form of credit or free chips and they are usually expressed as a percentage of your deposit.
For example, it’s possible to sign up to an online casino that offers a sign up bonus of 100% of your deposit, up to $1,000. So this means that if you deposit $1,000 after signing up, rather than have a bankroll of $1,000, you’d have a $2,000 bankroll.
The bonuses given by online casinos can be divided into two types: cashable and non-cashable.
A cashable bonus is a type of bonus that can be cashed out once the casino’s wagering requirements have been met.
On the other hand, a non-cashable bonus is a type of bonus that cannot be cashed out. Non-cashable bonuses can be further divided into two: sticky bonuses and non-sticky bonuses.
Before we go into the sticky and non-sticky bonuses, let’s briefly talk about the wagering requirements.
Online casinos often require you to gamble a certain amount of money before you’ll be able to cash out. This is usually done by multiplying your initial deposit plus the bonus. As an example, you might be required to wager 35X your deposit plus the bonus before you can cash out.
So if you started out with $1,000, plus the bonus, you’d have $2,000. So a 35X wagering requirement would need you to stake $70,000 in bets before you’ll be able to cash out. After fulfilling the requirement, if you had a cashable bonus, you’ll be able to cash out the money left in your account but if you had a non-cashable bonus, you won’t be able to cash it out, rather, you’d be able to cash out money in your account that’s above the bonus.
Now, if your non-cashable bonus is a sticky bonus then the amount will stay in your account—you won’t be able to cash it out—but you’ll be able to use it to gamble and take the profits you make with it until you lose the amount of the bonus. A non-sticky bonus on the other hand means that players can withdraw their initial deposit together with the winnings made without having to fulfil any bonus terms or wagering requirements.
Back to our example, after meeting the wagering requirements, let’s say you had $1,500 left in your account. This means you have made a gain of $500. For a cashable bonus, you’d be able to withdraw the $1,500 while for a non-cashable bonus, you’d only be able to withdraw $500 and play with the $1,000 to make more wins.
With the right strategy and a game with a low house edge, online players can use bonus abuse to make tons of money using the amount they are comfortable with losing. However, casinos know that and that’s why they set up contingencies against it. In some online casinos, you’d only be allowed to play games with the highest house edge and others could give you partial credit for games with a low house edge.