Most Kiwis spend time playing slot machines. As obvious, slots stand out among other games to play. You can find slots everywhere, but also you can easily choose a casino in the list of top online casinos NZ. There are honest casinos with legal licenses that offer only high RTP slots from reliable software providers. Choosing a reliable casino is the first step towards the truth of how to make money. The second step is to find out the most effective strategies. These are the most frequently asked questions from our readers:
- how to make money at online casinos
- in which game you can earn real money – NZ
- is it possible to make money playing online games
- online casinos with withdrawal to a bank card
- in which gambling game you can earn real money without investment
- no deposit bonus casinos
The best strategies to keep in mind
With a lot of experience in gambling industry, we have seen many useless and really helpful strategies which may help you gain success. It will directly lead to efficiency improvement and will be bringing winnings more often.
1. Smart Gambler
Most often, professional gamblers and players with experience choose the Smart Gambler strategy. This brings not only efficiency to your gameplay but also gives confidence to make bets. The essence of this strategy is the following:
- if you play classic slot, you need to make minimum bets using only one payline;
- if you collected a winning combination at a slot with doubling feature, don’t miss the opportunity to use it;
- double the bet until the winnings reach the initial bet size. This approach will help you to make a profit.
There are types of gamblers that often change from one slot to another. The purpose of this is to test their own luck, thereby increasing their chances of making a profit. The essence of the strategy is that a person makes only minimal bets. But at the same time, you also need to constantly change the number of pay lines. If you fail several rounds in a row, then you should choose a different slot. Such a strategy allows not only to increase the chances of making a profit and having fun.
3. Martingale strategy
You have probably heard of the existence of this strategy at least once. But many New Zealanders do not understand how to use it correctly. Using it in the right way you can beat most of the popular slots quite easily. And if you use it correctly, you will not only succeed in winning, and return the money spent but also make a significant profit. Martingale strategy gives the maximum result only if you choose the slot with the following characteristics:
- The minimum RTP is 95%.
- All the special bonus symbols
- The minimum range of acceptable rates (1-100).
- Free spins, bonus rounds, and respins
Also, Martingale strategy requires using only one line for the game. In this case, the first bet should be minimal. As soon as the player makes a profit, it is worth doubling the bet. Keep doubling the bet until the first loss. After that, you need to reduce the rate again.
Each strategy on the internet has its own characteristics. To understand all the nuances, make sure to test all the options in the demo mode. It will help you to save money, and give you more opportunities to find the best strategy.
Advantages of Online Gambling in New Zealand
When you are looking for online entertainment, online gambling is a great choice. Just grab an internet-connected device to get started. Online gambling not only brings fun, but also real cash.
Be careful, as much as I would like it to be, online casino games cannot be the main source of income. If gambling takes a special place in your life and you spend more than 50% of your income, you probably have a gambling addiction. In such cases, we recommend you to contact the specialist or at least read the article where we recommend techniques of how to avoid gambling addiction. Many modern casinos spam with millions of advertisement promotions. It’s all up to you. Take gambling as a way to relax, do not wish for a multi-million jackpot.
Online casinos offer many more advantages than land-based casinos. Nowadays, online casinos try to bring the atmosphere of land-based casinos through live games. So, you will definitely find something exciting. Check out the main advantages over real casinos.
What are the advantages of online gambling?
Obviously, online players can access their favorite casinos from any place, at any time. This is a huge benefit for people who are busy driving to a casino and spending time. Therefore, online casinos give a possibility to play through computers, and mobile devices. Some casinos offer mobile applications for smartphones and tablets (iOS and Android). All you have to do is create an account and request the bonuses as a new user. Once you register, you’re free to choose any game from the casino lobby.
Lack of restrictions
Another advantage is freedom. Online casinos require much less from the players than land-based casinos. All land-based casinos have restrictions, such as opening hours, or capacity. And this is especially important during the pandemic. Sometimes, your favorite slot machine can be busy, which doesn’t happen with online slots.
The lack of restrictions is another huge advantage. Traditional casinos may have some restrictions such as opening hours or even capacity. Sometimes your favorite car might be busy even after you get to the casino. This is especially true during a pandemic. As you know, many establishments are closed at this time.
Online gaming is convenient in any terms. You can even work at the same time or cook.
Security and anonymity
The only requirement you have to follow is finding a licensed casino. Licensed casinos protect players’s personal information, including banking details. All licensed online casinos provide the SSL encryption technologies, as well as certificates of fair operations by independent audit organizations. As a result, playing safe casinos, and following its rules, you can be guaranteed to get the winnings. And even if you couldn’t withdraw the winnings, you can write a complaint to the casino’s regulator.
Variety of options
It’s important to look at the range of casino games and the variety of top software providers. In most cases, there are more features in these slots than you think. Each slot has its own theme, bonus rounds, special symbols, number of paylines, and payout ratio. In addition to slots, there are table games such as poker, roulette, and blackjack, as well as live games.
Compared to traditional land-based casinos, online gambling sites offer generous welcome bonuses, loyalty privileges, weekly promotions, profitable tournaments, and many more. This is a must have way to get extra money for beginners to practice strategies and learning rules. With free money, you won’t risk your own funds. In some casinos, it’s possible to win a jackpot with bonus money. New Zealand players are able to win the jackpot without any investments.
We are all convinced that online casino games are totally randomized. Of course, every game rules tell us about an installed RNG. Moreover, there are special independent authorities like eCOGRA that approve fairness of results. Well, do you believe it? Are they really that random? Then try to answer another question: why do you notice absolutely cold rounds that bring you no winnings?
How RNG works?
The fact is that RNG is probably not so random in reality. What hides beside the online games is the computer. A counting system that knows you’re winning or losing and, accordingly, gives out the spin results. The computer is programmed to maintain the payout percentage of a casino. Thus you never win much.
There is something wrong with randomization. For example, you might notice a losing track of spins until you get to the lowest. And then suddenly you hit a streak of successful rounds raising your balance back to normal or even more. This process is made by a smart computer with algorithms. No matter if you play at an online casino or land based one.
Judging by this and other ‘unpredictable’ results, I can only say that online casinos must use the special algorithms to make some spins cold. Usually, the cold track lasts until your balance is low enough. During this time you might have done 5 or 10 or 20 spins. It all depends on your budget and counts accordingly by the computer.
Later comes a moment of raising the balance level. If you notice the repetitive positive results, that’s it. My advice to you is to spin until you overcome your initial balance then stop and go withdrawing. If you know where to finish gambling game, you are a winner. After the payout, you can deposit again and the computer will work with the new balance sum.
The transfer of winnings depends on the particular online casino. Takes from 2 hours to 1-5 banking days. It is impossible to find a casino with a quick withdrawal without registering in the casino.
Before we actually estimate the total revenue of online casinos, I would like to mention that no one can provide the real amount of money earned by casinos per month or per year. Besides, it depends on the casino reputation and popularity. Fair and customer-oriented online casinos probably make more money compared to the income of the small, less popular gambling sites.
Online casinos have expenses too
Like any other business, companies working in the online gambling industry have to buy services, pay ‘for rent’ and other fees. The highest expense of online casinos is game software providers. A well-reputed casino has at least three partnered softwares, each of them costs about $11,000 a month. In addition, they all take charges from the games when players use it. The monthly charge is about 15% per game.
Apart from the providers, online casinos need to pay for marketing and affiliate programs. It’s again estimated about $12,000 a month. Add to this other payments for hosting, security services, salary to the team and additional expenses. Totally it equals to approximately $25,000 – $30,000 a month.
Yearly revenue of online casinos
Let’s take an average revenue amount of the online gambling industry a year. It’s around $50 billion a year. Thus, about $4 billion each month. It would be simple just to divide the sum by the number of operating online casinos, which is about 4,000 online casinos on the whole Internet. We consider small and big popular casino sites.
Dividing it all, we get $1 million per casino. But as I’ve already mentioned, not every casino works at the fullest. So, there must be about 20% online casinos that make a real profit worth approximately a million dollars.
Presumably, an online casino makes $1,000,000 a month. This sum covers the fixed expenses of $30,000 and payout to players, let’s say it’s $150,000 a month. Saying again, I’m not sure which sums are correct. Anyway, online casinos result in about $800,000 a month, which is approximately $10 million a year.