chiquinho333
chiquinho333
  • Threads: 1
  • Posts: 1
Joined: Oct 2, 2012
October 2nd, 2012 at 10:17:40 AM permalink
Hi. New to the site, so apologies if this question has been previously covered.

Is it still possible to make a good living exploiting online casino bonuses in 2012?
Mission146
Mission146
  • Threads: 142
  • Posts: 16832
Joined: May 15, 2012
October 2nd, 2012 at 10:32:01 AM permalink
Welcome to the site.

This thread has been moved to On-Line Gaming.

Living? I would say that, even if you were guaranteed to win the amount that every single on-line casino will give you in No-Deposit bonuses, every single time, your standard of living would be pathetic, at best. My understanding is that, even if you win, it can be very difficult to collect your money from on-line casinos. Moreover, if you are from the U.S., then you will have to get a VISA Crad to make a deposit in order to collect your winnings in most, if not all, cases.

Your balance becomes zero with any amount being erased after the maximum allowabe win has been paid. Furthermore, you must make a deposit in order to withdraw your money, and your deposit is usually less than the minimum permissible withdrawal. Given that such is the case, you will at least have to gamble to get your deposit up to the minimum withdrawable amount or you will gamble until you lose your deposit.

In other words, even in the unlikely event that you win, (the on-line casinos require 100x playthrough-sometimes less-for a reason) you will only be allowed to cash out for a certain amount and a percentage of that amount must essentially be re-gambled. Not to mention the withdrawal fees, if/when applicable.

In short, my answer is that it is extremely doubtful that you would make a living this way, even if you did as well as one possibly could (i.e. winning on the no-deposit bonus from every single possible website) you would not make enough to earn a living.

I will not advocate for another message board on this website, though I will inform you that there are other Boards that exist for no purpose other than to discuss this specific thing. You will also get good answers here, however. Regardless of whether or not you pursue such Forums or your objective, I encourage you to remain here as our Members are extremely knowledgeable and you will learn much about your game(s) of choice.

I would also suggest, though they may or may not have no-deposit bonuses at this time, that you go to Bovada if you are going to gamble on-line. The Wizard of Odds, "Wizard," who owns this website will support you if you ever have a legitimate issue with Bovada, and Bovada customer service also appears, on occasion, to see if there are any problems being posted about here. In fact, I saw Bovada logged in just the other day. You can read Wizard's reasons for supporting Bovada and promise of support by clicking the bottom-right link of any page.

If you choose to gamble on-line, Bovada will provide you the best opportunity to, "Raise Your Game."
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
richporter103
richporter103
  • Threads: 1
  • Posts: 9
Joined: Oct 5, 2012
October 5th, 2012 at 1:03:08 PM permalink
i need a gambling income w-2g form please because im filing taxes for my uncle i already have the numbers i just need a w-2g form the Payer name,street adrress city, state, zip code, and federal id number please!!!!!! asap!!!!!
  • Jump to: