Raging Dragons Live Slot by iSoftBet

The real winnings are the most questionable issue of online gambling activity. Anyone can easily fall for it, but no one actually sees the promising Jackpots. Indeed, you will hardly find a weekly or monthly list of casino winners. The reason is that the only continuous winner of online games is the casino itself. The players are just players who sometimes win, and sometimes lose. So, is it really worth playing for money in online casinos?

Is it really worth playing for money in online casinos?

The fact is that you have to be super lucky to win a big sum of money. Despite the randomization of games, you will leave some percent of your money to casinos. The algorithms are set for this. So, you will hardly avoid it.

You can have a big chance of winning in one case only – if you follow certain strategies and tips. Add your professional responsibility of being patient and avoiding addiction to games. Thus you can win with online casinos more often than loose.

These tips are all based on responsible gambling. Actually, this is the reason why everyone including casinos themselves advise you to play responsibly. Let me tell you some secrets of winning online games.

Useful tips to win more often

• Watch the gameplay. Before actual betting make sure you understand the game. The way it works, bonus rounds and the pay system influence your total result. Practice the favourite game in a free mode, first. After you learn the rules and feel like playing for money, deposit.
• Start at the lowest. Unless you are a high roller with a bunch of bucks, place the first bets on minimum. Raise it gradually and only when you feel like it.
• Quit on time. The key to high payouts is the finishing on time. When you have a big win, stop, don’t try to spin again and again in order to raise the balance. Remember that the following results can be failing, and you won’t be able to return to the former success later. It’s better to quit the game and proceed to withdrawing.
• Follow the algorithms. Although online casinos swear their games are fully random, it’s not really like this. Online casinos must keep their house edge steady, so the randomized algorithms are set to make you lose and win from time to time. This is the so-called rollercoaster. If you play a lot, you might notice that sometimes you lose, and not only money but also the courage. Don’t get upset. The online casinos drive you to this spirit, so you quit the game with the lost (paid to casino purse) money. After you have a little sum, the algorithms will drive you forward. You will constantly gain good winning results until you overcome your initial budget. At this point you can raise the bet amount. As soon as your next spin or hand is failing, quit the game. It’s time for withdrawal.

Taxes in NZ

Usually, after the successful winnings you will be presented with funny music and flashing lights. However, we need to know whether the gamblers should pay taxes or not. Take into account that the taxation process depends on the particular country. For example, in the US, if the winnings are more than 1200$ you have to make a report. Moreover, you have to prove the identification information of your age and passport. So, in the US you have to pay tax up to 25% depending on the certain game. However, in Canada or New Zealand, there are taxes free. In fact, New Zealander have to pay income tax, but it’s very unusual for winnings to be taxed.

Conclusion

The declarations of your winnings are required in few countries, including the US. However New Zealanders can play for money and win a lot without any taxation from the government.

For each bonus, the online casino sets its own wager, which indicates the multiplier for wagering. The reward amount is multiplied by the current coefficient. For example, the wagering multiplier is x10, the player received a $50 bonus on the deposit. For wagering, you need to place bets totaling at least $ 500 ($ 50 x 10). After that, you can request a cashout. If you create an application earlier, the bonus is canceled along with the winnings from it. Less often, the wagering conditions apply to both the bonus and the deposit. In this case, in order to wager, the player needs to scroll through the total amount of the promotion and the payment made.