Ask yourself, do you play online casinos for money or just for entertainment? Anyway playing games with the best odds is a key to success. In fact, the statistics says that smart casino players choose Baccarat, but why? There are several reasons why Baccarat stands out from other casino games. The game is made for both beginners and professional players, due to the straightforward game rules and high chance of winning. So, to understand the reasons why you should play it, let’s get deeper in Baccarat features.
You can easily find Baccarat on almost all reputed casino sites, including mobile online casinos. For this reason, the game is perfect for newbies and high-rollers. If you are just starting out, this will be great as it does not require serious knowledge and skills. Moreover, you don’t necessarily need to learn the rules by heart, as there is a card dealer who runs the show.
You’ll have three options to choose from, a tie, the player’s hand, and the dealer’s hand. All you have to do is select the hand and place a bet. Then, the dealer will follow you through all necessary steps. In case you wanna simplify the game, play on a midi or mini-baccarat table.
Winning money is a pleasant process, however, in order to make money from online casinos, you need a bit of luck, good strategy, or even both. In general, Baccarat requires simple strategies, and the first tip is to wager on the dealer’s hand. Although, every bet you make collects a commission, it’s still better than placing a player’s hand, or a tie. In fact, betting on a player’s hand is also a good option, however, never place on a tie, as the house edge is almost 13%. So, the easiest strategy is to bet on the banker’s hand.
In comparison to pokies, Baccarat has much lower house edge, increasing your odds. Usually, the banker has a house edge of around 1.06%. It’s significantly lower than the 3%-10% on slot machines. By all means, Baccarat has the lowest house edge among all online casino games.
Although Baccarat isn’t the most popular casino game, if you know its best sides, you will skip even pokies in its favour. It provides easy gameplay, and the lowest house edge. Combine it with casino bonuses and promotions, and baccarat becomes the number one game to play.
What is in the article?
- What is the process of withdrawing?
- Tips for convenient money processing
- Methods for withdrawals
What is the process of withdrawing?
First thing you should take into account when thinking of cashing out the winnings is the time it takes to transfer the money to the banking account. Regardless the deposits are instant, the withdrawal process requires some security and verification processes. As soon as you made a request for withdrawing, don’t be shocked, it can take up to 4-5 days for the money to transfer from the casino account to your card. Although, it’s usually a lot faster, especially using e-wallets, because e-wallets are the quickest method right now. Such payments systems, like Skrill or Neteller, take from 0-72 hours to make a transaction. However, the bank wire transfers will take much longer.
Tips for convenient money processing
Don’t cashout the whole sum. If you win a large amount of money and are ready to withdraw all of them, ask yourself two questions: am I going to continue playing? or am I going to stop gambling for a while?. If you think to continue playing later, we recommend you to keep some money on the account and do not pay out every cent. Otherwise, you will have to again make deposits and just spend too much time on it.
Think ahead. Create a weekly plan when you will make a withdrawal, for example, on a certain day on the week, and stick to the plan. In this case you will always know when the next transfer is, and when the money drops on the banking account.
Methods for withdrawals
In fact, each casino provides a list of available options to make payouts. Mostly, the list is pretty similar, however, different casinos provide different withdrawal time, security aspects, privacy and other features. The fastest methods are e-wallets, such as Skrill, Instadebit, PayPal, Neteller, EcoPay, and Citadel. All of them provide fast transaction and secure service.
All things considered, money transferring, especially payouts, take some time. In order to minimize the time you should choose the suitable method and stick to the useful tips and strategies. Furthermore, there are a large number of methods you can choose from, however, not all of them are free and secure. By that, we recommend you to use e-wallets from our list and be confident in your financial safety.
The reason why everyone wants to beat, cheat or win at online casinos is money. This is so greedy that we even forget about simple joy and fun. Of course, it’s a lot more cheerful to enjoy games when you’re winning than losing. But the gambling sites tend to bring rather failure. Still the question is open: how to beat the casino games in a legal manner. Well, if you are so obsessed with it, let me clarify some ideas for you.
The only legal way to win at casinos is using strategies. However, you should understand that strategies don’t give you a 100% assurance of winning. Using strategies you may with equal success lose money. There are different strategies found on the net, but the fact is that they can only work in individual cases. So, you’ll have to make them up by yourself. I’m just going to tell you about the most common working tips that you can use to create your own beating strategy for each particular game.
Learn the rules
First of all, know the rules of the game. Either you’re playing blackjack or slot, no matter. Start with checking the rules. Although they are quite typical, still each game is different and requires attention to the rules. Especially, if we’re speaking about card games. You have to understand what the ‘insurance’ or ‘3:2’ mean. Figure it out by yourself and build up your own winning strategy at each unique game.
Play for free first
Testing games before you play for money will also boost your strategy process. Don’t ignore the free mode. Practising for free will save your money and clarify some points at game rules which you don’t really understand. However, remember that strategy used in free mode games might not work with the real money mode.
Whether you are a high roller or have just a couple of bucks in pocket, place small bets at the beginning. The first rounds tend to be losing as you have to warm up your nerves. So, it’s never advisable to begin with high stakes. Calm down your feelings and save the budget. You can raise the bets after you make 10-20 spins.
That is quite reasonable why a person might get a thought of starting its own online gambling business. It brings much profit, especially nowadays when online related industries are at the top. Just like the huge yearly revenues of online casinos, one has to spend the big sums of money for the business launch.
Gambling business requires many responsibilities and attention. The known stereotype about casinos that they are always cheating impose additional obligations on the casino owners. They have to license their business activity, get special certificates and constantly prove that they are safe and fair.
This ‘proof’ costs money which you as a potential owner need to pay at the very beginning. All the licenses, certificates and security technologies are the first instruments that you have to think of before you start. Not a single high roller or even a regular player will make funds into an ‘unknown’ casino without an official license.
However, in order to receive a license you need to accomplish several steps. First one is to create the company according to the laws of the country that allows running online casinos. They are usually small countries like Malta, Costa Rica, Gibraltar or it can be the UK, by the way. The company registration cost varies. In the UK it’s 550 euros, in Costa Rica you would have to pay almost 3,000 euros. However, Gibraltar and Curacao don’t take charges at all. So, let’s take the average cost of the registration of a legal entity – $1,000.
The site content is the most important. It’s the face of the online casino. The real money attractive games are what people come for to the online casinos. Basically, you need to make a deal with at least one software provider and have a minimum of 500 games in your casino lobby. Nevertheless, the more games and providers, the more customers. The price is different again. It varies from $10,000 to $150,000. It depends on the provider reputation and amount of games you purchase. Mind that you will have to pay commission from each game. About 15% from one game revenue goes to the provider. Averagely, you could pay about $50,000 for games including commission.
Finally, you can apply for the license. This step allows you to host servers and represent casino games worldwide (where they are accepted by laws, of course). Generally, the licensee is based in the same country where you registered your casino business. Accordingly, the price varies. For example, in the well-reputed Malta you can get the MGA license for about $18,000 + the same for annual fee, in total over $35,000. In Costa Rica you’ll pay totally $50,000. Besides, the license doesn’t last forever. It’s issued for several years. On average, 6 years is the expiry date. So, let’s assume that the first licensing costs $50,000 including the cost itself and annual fee.
Your casino site should be, first of all, clear and easy to navigate. Whenever a visitor enters the site, he or she must understand what the casino offers: games, bonuses, banking options, support, security and etc. Clarity, transparency and availability of all website options. The whole development of the website costs from $10,000 to $50,000. Though we can’t deny additional losses. Let’s take $50,000 for the website development stage.
This step is necessary for all businesses. In order to let people know about you, you need a marketing plan including advertising, SEO content and affiliates. Your minimal marketing losses can be $20,000. However, it doesn’t make much sense as it pays off quite a little. For the good profitable marketing system you can pay $100,000 and even $200,000 monthly. Additionally, you will have to pay a fixed sum and sort of 20% commission to the partners that brought you clients. All in all, for the advertising stage we have approximately $100,000 a month which annually is $1,200,000.
Here you should include, first of all, salaries for your staff. It should be a whole team of specialists in the fields of design, web development, security service, support, sales and marketing, finance and copywriting. In addition, you will have to maintain the site and its security system annually. The total cost of this all will be about $500,000 a year. It depends on the salary amounts you can afford, of course.
This is a specific amount of money you save in the bank as a guarantee that you are able to give payouts to your players. It can’t be used for taxes and other expenses. This is a necessary fund, and its minimum depends on the registration country. It will cost you about $100,000.
If we consider each expense given above, the online casino site costs $1,951,000 at the start. Still, you have to understand that this sum is not exact. In reality you may pay more or even less. Anyway, considering all the necessary and additional expenses, you need to have at least $2 million in your account to open and maintain the casino site during one year. With an excellent marketing plan you can compensate for the losses during a couple of years, or even less period of time.