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-   -   Golden Palace Sticky (http://archives2.twoplustwo.com/showthread.php?t=218206)

JTrue14 03-22-2005 08:33 PM

Golden Palace Sticky
 
Just did GP sticky and seem to have meet wager req by 400 more than i should have...Up and down..finished with 449 dollars. Now, my question is do I cash this out full amount and get 249 back. Or do I cash out 249 and start wagering the 200 sticky? I'm a little confused about these stickys..

fluff 03-22-2005 08:44 PM

Re: Golden Palace Sticky
 
Cash out $449, they'll automatically substract $200, leaving you with $249.

IggyWH 03-22-2005 09:03 PM

Re: Golden Palace Sticky
 
Nice work... shame I busted out on GP. I don't have the balls to try anymore sticky's since I then did well on Grand Online Casino. Still waiting on the cashout...

splashpot 03-22-2005 09:07 PM

Re: Golden Palace Sticky
 
Let me know how your cashout goes. I cashed out 5 days ago. I got an email from them saying it would take 48 hours. I haven't gotten my money and I haven't even gotten as much as a reply from emails. I know they are a reputable casino, but what's up with them not answering my emails. I'm starting to get really annoyed.

Homer 03-22-2005 09:22 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
Let me know how your cashout goes. I cashed out 5 days ago. I got an email from them saying it would take 48 hours. I haven't gotten my money and I haven't even gotten as much as a reply from emails. I know they are a reputable casino, but what's up with them not answering my emails. I'm starting to get really annoyed.

[/ QUOTE ]

You have to send documentation before they will process the cashout.

Homer 03-22-2005 09:26 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
Just did GP sticky and seem to have meet wager req by 400 more than i should have...Up and down..finished with 449 dollars. Now, my question is do I cash this out full amount and get 249 back. Or do I cash out 249 and start wagering the 200 sticky? I'm a little confused about these stickys..

[/ QUOTE ]

The bonuses offered at Golden Palace are "type-1" stickies. This means the bonus is removed and is NOT refunded to your account for further wagering. There are very few "type-2" stickies that let you keep wagering the bonus until you lose it (Mapau and Casino Fortune are two).

BTW, what's your bankroll size? If it's higher than $1048.82, you should keep wagering as your optimal target is higher than $449.

-- Homer

JTrue14 03-22-2005 09:27 PM

Re: Golden Palace Sticky
 
we need documentation?...bah guess ill wait till next week to cash out so i can use my friends scanner..

Homer 03-22-2005 09:28 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
we need documentation?...bah guess ill wait till next week to cash out so i can use my friends scanner..

[/ QUOTE ]

Yeah...read my other post before cashing out too. [img]/images/graemlins/smile.gif[/img]

JTrue14 03-22-2005 09:29 PM

Re: Golden Palace Sticky
 
i see...my bankroll is over that amount...so when do I actually stop wagering then...and how do I wager. Basically i did 25 a hand wagers until i cleared it...i was below 250 so i got bored and did one 119 bet for each hand of blackjack switch...so thats why i finished at 449

IggyWH 03-22-2005 09:30 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
You have to send documentation before they will process the cashout.

[/ QUOTE ]

OOPS... is a DL good enough or do they want more?

Homer 03-22-2005 09:31 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
[ QUOTE ]
You have to send documentation before they will process the cashout.

[/ QUOTE ]

OOPS... is a DL good enough or do they want more?

[/ QUOTE ]

I'm not sure what DL means. I just scanned my driver's license and a utility bill, whited out certain details and saved it as a jpeg. I send that document to every casino that requires documentation.

-- Homer

JTrue14 03-22-2005 09:33 PM

Re: Golden Palace Sticky
 
which post would that be?? you have like 32481293470198237490821347 post homer =P

Homer 03-22-2005 09:34 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
i see...my bankroll is over that amount...so when do I actually stop wagering then...and how do I wager. Basically i did 25 a hand wagers until i cleared it...i was below 250 so i got bored and did one 119 bet for each hand of blackjack switch...so thats why i finished at 449

[/ QUOTE ]

There is a famous post by Izverg on the BW forums in which he derived an equation that computes the "target" cashout amount, based on the bonus amount and your bankroll size. For the GP stickies:

Bankroll = $5,000 -> Cashout when balance is $700

Bankroll = $10,000 -> Cashout when balance is $900

Bankroll = $20,000 -> Cashout when balance is $1200

I wouldn't blame you for cashing out with the guaranteed $229 profit, but just know that you're leaving something on the table and may regret it in the future once you've run out of stickies. I played some early stickies weakly definitely regret it, now that I've done them all.

-- Homer

Homer 03-22-2005 09:35 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
which post would that be?? you have like 32481293470198237490821347 post homer =P

[/ QUOTE ]

Heh, I just meant the one in this thread in which I told you to consider not cashing out just yet. [img]/images/graemlins/smile.gif[/img]

JTrue14 03-22-2005 09:35 PM

Re: Golden Palace Sticky
 
DL = Driver's License

IggyWH 03-22-2005 09:38 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
DL = Driver's License

[/ QUOTE ]

nh

JTrue14 03-22-2005 09:38 PM

Re: Golden Palace Sticky
 
well. its 149 profit and my bankroll i guess is around 2k. So how should i continue betting? just 25 for each hand?

Homer 03-22-2005 09:42 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
well. its 149 profit and my bankroll i guess is around 2k. So how should i continue betting? just 25 for each hand?

[/ QUOTE ]

I would bet about 1/6 of my roll on each hand, in other words around $70 ($140 total).

Disclaimer (Trying to avoid being blamed for costing you $250)

Keep in mind that stickies are high risk and you could easily go from +$149 to -$100 ($249 swing), but continuing to play, given your bankroll size, is optimal.

Homer 03-22-2005 09:45 PM

Re: Golden Palace Sticky
 
Also, if it comforts you at all, I've made around $4K on 26 stickies since the beginning of the year, so I'm not entirely talking out of my ass. [img]/images/graemlins/smile.gif[/img]

splashpot 03-22-2005 09:46 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
[ QUOTE ]
Let me know how your cashout goes. I cashed out 5 days ago. I got an email from them saying it would take 48 hours. I haven't gotten my money and I haven't even gotten as much as a reply from emails. I know they are a reputable casino, but what's up with them not answering my emails. I'm starting to get really annoyed.

[/ QUOTE ]

You have to send documentation before they will process the cashout.

[/ QUOTE ]

Sent documentation in emails. They haven't responded. It's been over 48 hours since I sent the emails. I know I should be patient, but if i need to wait more than 48 hours, they shouldn't say I will get the money within 48 hours. They could at least respond and tell me I have to wait more.

JTrue14 03-22-2005 09:46 PM

Re: Golden Palace Sticky
 
hehe..i totally understand its my own risk if i decide to continue with betting. So no blame will come to you [img]/images/graemlins/smile.gif[/img]. Just trying to get some advice.

Homer 03-22-2005 09:47 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Let me know how your cashout goes. I cashed out 5 days ago. I got an email from them saying it would take 48 hours. I haven't gotten my money and I haven't even gotten as much as a reply from emails. I know they are a reputable casino, but what's up with them not answering my emails. I'm starting to get really annoyed.

[/ QUOTE ]

You have to send documentation before they will process the cashout.

[/ QUOTE ]

Sent documentation in emails. They haven't responded. It's been over 48 hours since I sent the emails. I know I should be patient, but if i need to wait more than 48 hours, they shouldn't say I will get the money within 48 hours. They could at least respond and tell me I have to wait more.

[/ QUOTE ]

True, they suck with cashouts, as do most of these casinos offering sticky bonuses. The standard is 4 business days of the cashout having a status of "Waiting", then another day or two before it hits Neteller. I've never not received a cashout at maybe 100 casinos, so I wouldn't be too concerned.

JTrue14 03-22-2005 09:50 PM

Re: Golden Palace Sticky
 
Do you know whats the link to find this famous equation?

Homer 03-22-2005 09:51 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
Do you know whats the link to find this famous equation?

[/ QUOTE ]

I will probably get bitched at by someone for posting the exact link, so just go to the forums and search for all terms of "target sticky x".

-- Homer

JTrue14 03-22-2005 09:57 PM

Re: Golden Palace Sticky
 
I must say. I owe a very big Thank Yous to Homer and Iggy.

IggyWH 03-22-2005 10:00 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
I must say. I owe a very big Thank Yous to Homer and Iggy.

[/ QUOTE ]

All my info I give to you comes from Homie so no need to show me luv.

sfwusc 03-23-2005 05:41 PM

Re: Golden Palace Sticky
 
so sticky-2 is better than sticky-1.

So what bet size do you use?
What game?

Seems like type 2 would be good to....clear with BJ..cashout with bonus coming back to your account. Then bet it all on say red. Win cash out. keep doing that until it is gone.

SFWUSC

gorgeous 03-23-2005 06:03 PM

Re: Golden Palace Sticky
 
[ QUOTE ]
Nice work... shame I busted out on GP. I don't have the balls to try anymore sticky's since I then did well on Grand Online Casino. Still waiting on the cashout...

[/ QUOTE ]

Wow, what a coincidence... I also busted out at GP, did OK at GO, cashed out and sent documents on 3/18 and still waiting. Stickies are scary as hell and I'm not touching them til my BR gets to $5k

Yobz 03-23-2005 06:09 PM

Re: Golden Palace Sticky
 
GP has to be one of the nicest casinos I have ever lost at...

I deposited my $100 and called for the promo...they gave me an extra (cashable w/no WR) $25 for using neteller. I had a total of $325 in my account. Bet it all on the first hand, 7 vs dealer 2, hit, 12 vs dealer 2, hit, 18 vs dealer 2, stay, dealer flips over a 10 and hits, gets a 2 for 14, hits a 5 for 19 =(.

Next morning (today) I wake up to find they gave me $10 for free.

So even though I busted my $100 there, I still like them. [img]/images/graemlins/smile.gif[/img]


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