Canada
How to Actually Make Money with Online Casino Games
If you’ve ever played casino games online, then you certainly know that they are all about luck.
Except for poker, you won’t be able to use your skills to play any of them with more success.
This effectively means you can’t score consistent wins playing online casino games.
However, that doesn’t imply that the games are rigged in any way — it just means that, when luck is involved, there’s no telling what the outcome will be.
Despite all that, there are still methods you can implement in your casino gambling experience if you want to make more money from these games. So, let’s take a look at what you need to learn if you want to earn more significant profits while having fun.
Always Learn How to Play the Game
Most 1 dollar casino games are easy to play (especially video slots), but that doesn’t mean you should avoid learning the basics before you begin. In other words — you have to study the game carefully if you want to make money from it.
With slots, you can’t just jump headfirst into any new game. You need to read up on the RTP, the volatility, and what the game has to offer first to ensure it’s worth playing. Then, try it for free to see all of that in practice. Only after you’ve played it for a while and read up on the rules and features should you start playing it with real money.
The same goes for table games, even the live dealer ones. You can’t just play a live dealer game without doing some research first, as that’s a sure-fire way to lose your money.
Don’t Get Distracted By the Dealer
Speaking of live dealer games, there’s another piece of advice we can give you here. If you want to play these games, you should never get distracted by how attractive the dealers are or what they are doing. This can easily lead to you not thinking clearly when playing, thus investing more money than you wanted.
Human dealers are trained to exploit your weaknesses, and no matter how innocent they pretend to be, you should not get distracted by them. Play your game, and don’t pay too much attention to them.
Use the Bonus Offers and Other Promotions
As long as you’ve read the terms to see whether they are favourable, you should definitely use bonuses to your advantage.
This is especially true with no deposit offers, match bonuses, and free spins. You rarely have anything to lose here, as you probably would have used the same amount of money on gambling anyway. However, this way, you’ll use it not only to gamble but also to gain additional bonus funds or free spins.
Before you claim any offer, make sure to read what the wagering requirements and limits are, as these are the most important bonus terms you need to know. Don’t claim bonuses that allow you to win only small amounts and never claim offers with massive wagering requirements, i.e. anything above 40 times.
Never Invest More Than You’re Willing to Lose
With all forms of gambling, you must have a specific budget in advance. That way, you’ll always invest only the money you’re willing to lose.
However, you have to learn how to control yourself as well. Don’t rush for the credit card if you’ve lost it all. It’s much better to give up than to go about chasing your losses, as that’s precisely when you start losing more money than you should. Remain calm and allow yourself to think clearly. After all, you can always come back another day.
Don’t Look for Patterns — These are Luck-Based Games
Always remember that casino games are based on luck, which means that they are entirely random. As long as they come from respectable software providers and use Random Number Generators (RNGs), there’s no point in looking for patterns on how they work.
Therefore, even if it might look like the occurrences are orchestrated, you need to remember that they are not. Sometimes it might seem like they are, but this is just your mind playing tricks on you, trying to find some patterns, as it does with anything in life.
The Bottom Line
Making money with online casino games is not easy, but it’s certainly possible. You only need to rely on your brain, not your heart, and use the advice you’ve found in this short guide. If you go down that road, you’re bound to win more than you have in the past.
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NorthStar Gaming Holdings Inc. released its financial results for the three months ended March 31, 2024. All dollar figures are quoted in Canadian dollars.
“In the first quarter we continued our pattern of strong year-over-year growth, highlighted by record total wagers. Our premium customer experience and growing brand awareness are propelling higher player retention, strengthened loyalty and increased player values. These positive trends enable us to spend our marketing dollars more efficiently, contributing to improved operating leverage as the business scales,” Michael Moskowitz, Chair and CEO of NorthStar, said.
Financial highlights for the first quarter ended March 31, 2024:
- Revenue, including managed services fees, net of bonuses, promotional costs and free bets, was $5.9 million in Q1 2024, an increase of 63% over $3.6 million in Q1 2023.
- Total Wagers1 at Northstarbets.ca were $218.0 million in Q1 2024, an increase of 56% compared to $140.2 million in Q1 2023.
- Gross Gaming Revenue at NorthStarbets.ca was $7.0 million in Q1 2024, an increase of 59% over $4.4 million in Q1 2023.
- Gross Margin was $2.2 million in Q1 2024, an increase of 91% over $1.2 million in Q1 2023, and represented approximately 37% of revenue compared to 32% of revenue in Q1 2023.
Recent Operating Highlights:
- Notable year-over-year improvements in key performance indicators (KPIs) included a 42% increase in active players, a 9% decline in cost per acquisition of a customer (CPA), and a 54% increase in estimated 12-month player values.
- Renewed the strategic marketing agreement with Playtech Software Limited, which will contribute services valued at up to $4 million through to October 31, 2024, designed to accelerate player acquisition in Ontario.
- Secured $3 million of short-term financing to fund the Company’s continued growth through an unsecured promissory note to Playtech plc dated April 25, 2024 repayable in one year, or earlier upon completion by the Company of additional financing transactions.
- Recently celebrated the second anniversary of the NorthStar Bets platform, which launched in Ontario on May 9, 2022. Northstarbets.ca has generated more than $1 billion in total wagers1 in its first two years of operations.
- Ongoing roll-out of enhancements to the Company’s “Sports Insights 2.0” content vertical, an initiative announced in February 2024, with recent additions including player injury reports from industry leader RotoWire and a revised content strategy placing a greater emphasis on casino.
- Launched the VIP Elite program to help secure the loyalty and satisfaction of our most active players.
- Introduced branded studios for select live dealer games, prominently showcasing the NorthStar Bets brand and reinforcing the Company’s positioning as a premium offering.
- Continued to strengthen the Casino vertical, which has surpassed 650 games covering all major categories and curated from leading vendors worldwide.
“March was the strongest month of Q1, and we have maintained that momentum into the second quarter. Our team is making regular improvements to our service offering, such as the recent launch of a VIP Elite strategy aimed at the most active players who drive a meaningful share of our results. We have some exciting demand creation activities planned for the coming months along with further innovations to our platform and content. We remain focused on unlocking value for our stakeholders and are excited about the opportunities ahead of us in 2024,” Mr. Moskowitz said.
In-demand software provider receives AGCO approval to operate in the regulated province, bringing full suite of games to Canadian players for the very first time
Swintt, the EGR award-winning software provider famed for its classically-themed Premium releases and state-of-the-art Select slots, has announced it has received permission to operate in Ontario, meaning its full suite of games will now available to AGCO-licensed platforms.
Having unveiled ambitious plans to expand into further regulated markets at the start of 2024, Swintt’s portfolio is now certified in eleven countries including Malta, Germany and the Netherlands, but this latest approval represents the company’s maiden entry into North America.
This means that not only will Ontarian players now be able to enjoy popular SwinttGames releases like the fan favourite slot Aloha Spirit XtraLockTM, but also newer upcoming games from Elysium Studios – Driven by Swintt.
The product of Swintt’s acquisition of Elysium Studios earlier this year, the collaboration has resulted in a new line-up of releases being added to the software provider’s roster, with these games combing immersive themes and features with the very latest in slot design and graphics.
Tipsy Charms, the first game in the Elysium Studios – Driven by Swintt line-up, has already launched to great effect – and with the Mesopotamian-themed adventure, Law of Gilgamesh, scheduled for May 30th, there’s plenty for Ontarian players to look forward to in the coming weeks.
With all this and more on the horizon for the province in the second half of 2024, everyone at Swintt is excited about entering the regulated Canadian market for the first time and the company has high hopes that the approval will further underline its credentials as a leading global provider.
David Mann, Chief Executive Officer at Swintt, said: “Swintt is delighted to have received AGCO approval for its games in Ontario and we’re very excited to now have the chance to take this new and dynamic market by storm. Being certified to launch in Ontario is definitely a huge step for the company that will enable us to showcase our brand to new audiences on the global stage.”
Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for Gen Z, today announced details of its planned release of first quarter 2024 financial results.
The Company expects to file its Q1 2024 results the morning of Thursday, May 30, 2024 prior to the commencement of TSXV trading. Management plans to host an investor conference call that same day at 10:00 am EDT to discuss the results.
| Conference Call Details |
|
| Timing: | Thursday, May 30, 2024 at 10:00 am EDT |
| Dial-in: | 1-800-717-1738 (toll free) or (+1) 289-514-5100 (local or international calls) |
| Webcast: | A live webcast can be accessed from the Events section of the Company’s website at rivalrycorp.com |
| A replay of the webcast will be archived on the Company’s website for one year. | |
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