Rich through online casinos – is that possible?
We all want to get rich, don’t we? But does this also work with online casinos? We will get to the bottom of this question in more detail below. The fact is that playing online casino is exciting and fun. But how much comes around in the end and can we possibly manage to accumulate real wealth? We’ll clear it up.
The quickest answer: it is possible
The simplest and quickest answer is of course yes! It is possible for someone to get rich playing online casinos. But the question should not be whether it is possible, but how likely it is. After all, it is also possible to get rich without working – someone could have inherited, for example.
It’s also possible to get rich playing the lottery, but it’s a well-known fact that that doesn’t happen very often. It’s the same with online casinos. It is theoretically possible to get rich if the jackpot is hit and is correspondingly high.
But what someone is probably much more interested in is the question of how high the probability is for a jackpot. Or whether you can also get rich with the classic game or with certain game categories – i.e. without a jackpot. We will go into more detail on these points below.
Getting rich with slots – is that possible?
Let’s start with the slots, i.e. the classic slot machine games. These often take up the most common game category at an online casino. Skill is not really required here. While some of the features of slots differ depending on the machine, the chance of winning is broadly similar.
The house advantage of an online casino should be considered here. Even the best online casinos often “only” have a payout rate of 96 percent. The house edge would be four percent. This is a relatively typical value for slots.
However, it should be noted that this game is particularly fast-paced. Unless a player has just found an online casino with a German license (where players cannot simply play through slots without a break, but have to wait to prevent gambling addiction), gaming can be quite fast-paced.
You can do a few spins in a minute. Of course, it is important to also keep an eye on your own budget, because profits can be lost again as quickly as they come in.
Nevertheless, slots with progressive jackpots in particular could represent a good chance of actually getting rich. In some cases, there are already millions in the jackpot and with the right amount of luck, the amount could be unlocked. The downside, of course, is that this jackpot is rare and it’s never clear when and if it will ever happen to you.
Nevertheless, with slots, the question of whether you can get rich with slot machines can be answered positively. Yes, if a player hits the jackpot, then that is easily possible.
Getting rich with sports betting in online casinos – is that possible?
Many online casinos not only offer casino games, but also have a sports betting section. Here players have more control over whether they win or lose. Although it also depends very much on one’s own skills in forecasting and ultimately also on the sports games, with a little skill, profits can be made in a timely manner.
Getting rich with lotteries in online casinos – is that possible?
Let’s move on to another casino category that, while not always present, is quite common. lotteries! This category basically works like classic lottery tickets, only players can do this in the comfort of the casino instead of buying a lottery ticket at the kiosk.
However, lotteries are completely luck based, basically like jackpots in a slot. But if you want to try your luck from time to time, you can also get rich here – but without a guarantee or an opportunity to increase the probability through your own skill.
Get rich with scratch cards in the online casino – is that possible?
The next category is very closely related to lotteries and basically works in a similar way. This refers to scratch cards where players also buy a ticket, but this time they don’t just wait for a draw, but virtually scratch the ticket free.
Here, too, it does not depend on your own skill or ability. While it’s possible to get rich with it, the chances of winning aren’t terrific, and they can’t be influenced since it’s a purely luck-based offer.
Getting rich with poker in online casinos – is that possible?
Now we come to a category where there are already many more tips to actually get rich with it. We’re talking table games and in this section we’ll start with the popular online poker.
As with sports betting, players can also use their existing skills and their own skill to make as many and high profits as possible. They are not dependent on the football game and its result, for example, but are partly dependent on the randomness of the cards.
Although the game can still be influenced in a certain way, the cards dealt cannot. So players need to get the most out of their hand while using the right poker strategy. There are numerous books, tips, websites and guides from pros to get better at poker. In this way, it would be entirely possible to get rich playing poker at an online casino as well.
What are the odds of getting rich from online casinos?
We have previously detailed some categories in online casinos with which it is possible, at least in theory, (as with many other variants and categories in online casinos) to get rich.
But theory and practice are known to be two different things, which is why probability is also an important point in the end. Here again we cannot make a firm statement. Although, for example, sports betting and table games in general can often be influenced by one’s own skill, there is still no guarantee as to when which profit will occur.
Therefore we cannot in any way predict whether someone will get rich after x rounds or not. Claiming anything else would be dubious, which is why we think you should also refrain from strategies and casino tips on getting rich.
Rather, we’d rather let our readers know what the statistically highest odds are. As mentioned above, this is related to the house advantage of the online casino. There are already big differences among the casinos, but also within the game categories.
Note: The lower the house edge of the casino, the higher the chance of winning:
Games Category | House Edge |
---|---|
Blackjack (Single Deck) | 1,5% |
Baccarat | 1,5% |
Poker (Three-Card-Poker) | 1,5% |
Slots | About 2% to 10% |
Craps | About 1.5% to 5% |
Roulette (Single Zero) | 2,5% |
As you can see from this list (which can vary depending on the source, by the way, since there are never 100 percent uniform values and the numbers can also differ from casino to casino), there are categories with a higher or lower house edge.
Slots, for example, are very easy to play and depending on the slot, there can be machines with a house edge as low as two percent, but there can also be machines with a house edge of ten percent. With certain table game variants (excluding roulette), on the other hand, the house edge is usually the lowest.