Fact checked by Wilbur Thompson.
Online gaming has grown in popularity over the past few decades, especially during COVID-19 and lockdown times. Nowadays, everyone has seen a lot of catchy casino ads on TV and social media. Some of them are even starring Hollywood movie stars and other large-scale celebrities.
All that hype around online gaming and Internet gambling venues makes thousands of people wonder, can you really win money on online casinos? And the next salted question that springs into people’s minds when they find out that the possibility of making a bundle in online gaming is real is how much money can you win in a casino?
Long story short, it is real to win a great sum of money playing at Web gambling parlours. The lucky current record-holder won $23.6 million in April 2021, just in the middle of Coronavirus lockdowns. If you are interested in how it works and want to find out all about online games and winnings, dive into the world of online gambling houses with us and keep reading this article. We’ve put a lot of effort into it, and so we are hopeful it will be worth your time.
Where Does Great Winnings Begin?
If you want to push the luck, first things first, you need to make an account at any Web casino platform you like. You can choose the game up to your tastes, from lotto, bingo and keno to slingo, poker, blackjack and roulette. It is better to consider that some types of games need a skill element to succeed, while others are entirely based on blind luck. Nonetheless, there are some simple methods to increase your chances of winning in any game type. Anyone can hit the jackpot just like Rawiri Pou in 2016 and get life changing $10 million. And if you are a newbie obsessed with the question of how much money you can win at a casino, you’d better train yourself to a higher level of skill before starting betting.
Web entertainment platforms provide free versions of game titles, especially for players who want to boost their skills or get familiar with a new game. You can’t win real money in demo versions, but you can improve your performance and strategies without risking funds on betting. When you feel confident enough, you can join real versions of games and start your path to the jackpot.
However, it bears mentioning that consistently winning at Web gaming venues is impossible. Internet casinos can set limits to betting and gambling activities, and the limitation remains at the casino’s discretion.
Does RTP Really Matters When It Comes to How Much You Can Win?
RTP is the abbreviation of a term familiar to every player who has some gambling experience. It is short for Return to Player Percentage. This figure specifies an average amount a game pays out as a percentage of all the money wagered on it. This aspect differs from one game to another. Sometimes it reaches 100%, but mostly it is a little bit lower.
To find out the RTP of the exact game, you need to look through the terms and conditions of the game. And remember to verify that info via the terms and conditions of the casino platform you are playing. Also, usually, you can see information about the overall RTP at the operator’s operator in their advertisement. Lucrative Return Player Percentage attracts both newbies and experienced players. Also, you can check the info on online review websites. Some gambling sites offer great RTP and allow players to get some great winnings, just like a Norwegian gambler who won $17.3 million in 2011.
Also, it is better to bear in mind that the jackpot differs from game to game and from casino to casino. The amount of the winning depends on the stake’s value. Usually, the biggest jackpots can be found at slot games. For example, progressive jackpots work in players’ interest. They take a small percentage of all the funds bet on them and sum up into a prize pool that can reach millions. For example a great win of $24 million happened in 2013 in a video slot game. You can find these at most casinos reviewed on our website.
Never Forget About the House Advantage
Online entertainment platforms that offer games of chance is a business that exists for people’s joy but can’t operate without making profits. So, casino loss is a regular and common thing. But it is organized in a way that ensures the casino will win more money in the long run than lose. Every player has a possibility to increase the winning odds. It can be reached by a proper choice of game titles that have lower house advantage percentages. It will increase gains over an extended time period.
Gambling Strategies and Skills
Playing games of luck on the Internet and participating in them at traditional casinos are quite similar. So, the skills and abilities of the gamer play a pivotal role. You can’t just take a chance on each game you join – it would be irresponsible. First things first, get familiar with the game rules before you start playing and get some experience using free demo versions of games.
Most gamers prefer to play using gaming strategies to cut the likelihood of losing money. There are a great number of different systems that are used by players all over the world. The most common betting system for card games is widely known as card counting, in roulette – Martingale system, in sports betting – Handicapping. There are also such famous gambling systems as Oscar’s grind, d’Alembert system, Anti-martingale, Split martingale and the so-called Kelly criterion. It should be mentioned that all of them require numeracy skills from the player.
How to Receive Your Winnings?
If you do get lucky and win a substantial amount of money at a Web casino, you can continue enjoying your favourite game titles or withdraw the funds. Usually, it is a rather straightforward process. It can take only a couple of hours for the operator to verify and finalize the transaction. Also, it can make money transfer a couple of business days to reach your bank account. Also, you should be ready that you have to cash out in a couple of steps because of the payout daily, weekly or monthly limits of the casino. Remember to check the terms and conditions of the platform to be sure that withdrawal restrictions are not very onerous.
Get Profit from Bonuses and Promotions
Online gambling platforms perform in an extremely competitive environment. New Internet casinos pop up all over the Web every day. And every new one is trying to catch customers’ attention. For the purpose of expanding their communities of gamers, online gaming venues offer a great number of bonuses and promotions to their players. Every gamer can always expect an offer of the welcome bonus, at the minimum. But before joining a casino, remember to check the terms and conditions. Sometimes the most generous can have the most strict payout terms. The best option is small bonuses with favourable conditions.
Winning in online casinos is possible. Sometimes it can even be a life-changing amount of money. But players should be careful with their money and play responsibly. Web gambling parlours are certainly not the best way to make a fortune. First of all, they are places for having fun and joy. Please, remember to gamble only with funds you can afford to lose. Such a reasonable attitude makes the whole gaming environment healthier.