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Blackjack Insider Newsletter, Oct. 2004, #57

ONLINE CASINOS AND LEVERAGING BONUSES

By Dan Pronovost

Dan Pronovost is the owner and president of DeepNet Technologies, makers of a wide range of blackjack training products and software. Their web site is: www.HandheldBlackjack.com, and all products are available for free trial download. Dan is the creator of the new card counting system Speed Count, which is being taught by Henry Tamburin and Frank Scoblete in the Golden Touch Blackjack two day courses: www.GoldenTouchBlackjack.com.

Winning at Online Casinos

Unless you've been living under a rock without Internet access, you've probably heard of online casinos. You probably have also been flooded by their advertisements, both in your wanderings on the web and in your e-mail box. Online casinos are a huge business… the gaming taxes alone they paid to all their host countries amounted to over 3 billion in 2003 (imagine the profit)! But can you beat them? In this article, we'll provide an overview of a classic online casino advantage approach, with some new and surprising statistical analysis about leveraging bonuses.

Without exceptions, online casinos have a base positive edge in the games you can play at their sites. Tried and true strategies such as card counting are of no help, since they reshuffle the decks after each round played. All games are carefully selected and modeled to provide a positive advantage for the casino, depending on the game. If you think you can make money just playing the games at online casinos, guess again: not gonna happen, no matter what voodoo you practice! And if you think you have the magic progression betting system that works, ask yourself why everyone hasn't done it and put the casinos out of business already.

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