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-   -   Casino Bonus Summary (or: $565 in free money) (http://archives2.twoplustwo.com/showthread.php?t=285481)

parttimepro 07-03-2005 03:18 PM

Casino Bonus Summary (or: $565 in free money)
 
I'm not entirely sure whether this post is appropriate. Since this is a poker site, I figure discussion of casinos won't step on anybody's toes. If discussion of outside sites is not kosher, mods please delete.

People are probably familiar with poker sites that give rakeback or a one-time bonus. What you might not know is that there are also referral sites that will pay you to sign up for online casinos. If you're going to play online casinos, either for the bonuses or because you're a degenerate gambler, there's no reason not to sign up through one of these sites.

There are 5 main sites that I'm aware of. They all feature a different set of casinos. Here's how they work:

Bonusbonus.net
Pays cash for each casino you sign up through.
Casino-on-Net: $50
Starluck: $30
Planetluck: $30
Fortune Room: $60
Golden Palace: $35
Challenge: $30

allthis4free.com
This site works on a referral basis. In order to get a prize, you need to refer other players to the site after you have done one casino yourself. (And far be it from me to post my affiliate code) If you can't find anyone to refer, every two casinos you do yourself count as one referral. They offer several prizes, which are featured on their front page. Most people will be interested in either the 1 referral prizes--an Ipod Shuffle or a Gameboy SP--or the 3 referrals for $200 via Paypal.
They offer a lot of casinos, but many of them are from the same group, so you can't get credit for all of them. Here are their casino offerings, sorted by group:
Casino-On-Net
Blackjack Ballroom/Golden Tiger
Casino Tropez/Noble Poker/Vegas Red/Casino Del Rio/Casino Europa
Pokerroom
Pacific Poker
Absolute Poker
Aztec Riches/Poker Metro/Challenge/Music Hall/Golden Reef
Planetluck
Starluck
Paradise Poker

Gamesgifts.com
This works on the same referral model as allthis4free. They offer a $50 gift card at Best Buy, Amazon, etc. for 1 referral.
CD Poker
Casino-on-Net
Pacific Poker
Paradise Poker
SportingBet Poker
Monaco Gold Casino
Blackjack Ballroom
Casino Tropez
Noble Poker

Memolink.com
This is a huge site that offers referral bonuses for a lot of things besides gambling. Gambling bonuses are by far the most lucrative, though. After signing up for sites, you get points, which can be converted to dollars and other prizes. Doing one casino is worth about $50. One warning, though. I signed up for this, and I get about 4 emails a day with worthless crap offers from them. They'll go on my block list as soon as I get paid.
Their casino offerings are fairly limited.
7 Sultans, Royal Vegas, and Platinum Play are offered. These are all owned by the Fortune Lounge group, and it's not certain if you can get credit for more than one.

eCasinodeals.com
ECD is similar to bonusbonus.net in that it offers direct rewards without a referral system. They offer $60 in gift cards or other prizes for each sign up.
Poker Rewards
SuperVegas/Sporting Bet
Superior Poker
Absolute Poker
Royal Vegas/7 Sultans (Poker only)
Noble Poker
Golden Tiger
Poker Metro
Music Hall Casino
Bodog Poker

So, how can you maximize your profits? Let's assume you don't want to bother with referrals. If you don't do referrals, you need to do 7 casinos at allthis4free to get $200, which is $28 per casino. You need to do 3 at gamesgifts to get $50, or $17 per casino.

I would recommend this:
CoN: bonusbonus.net $50
SuperVegas: ecasinodeals.com $60
Starluck: bonusbonus.net $30
Planetluck: bonusbonus.net $30
Fortune Room: bonusbonus.net $60
7 Sultans: memolink.com $50
Platinum: memolink.com $50
Royal Vegas: memolink.com $50
Golden Palace: bonusbonus.net $35
Music Hall: ecasinodeals.com $60
Challenge: bonusbonus.net $30

Net: $565

It may be worth trading referrals to get credit for BJ ballroom, casino del rio, and monaco gold at at4f and gamegifts.

PrincipalSkinner 07-03-2005 11:20 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
Thank you for all the great work you put into this!

IggyWH 07-03-2005 11:22 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
Thank you for all the great work you put into this!

[/ QUOTE ]

Unless he's Drinking Bear from BW, the great work was copy and paste.

jman220 07-03-2005 11:30 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
What do you need to do to clear those bonuses? I'm pretty risk averse, and the variance playing at casinos to clear bonuses is horrible.

pokerrookie 07-04-2005 12:11 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
What do you need to do to clear those bonuses? I'm pretty risk averse, and the variance playing at casinos to clear bonuses is horrible.

[/ QUOTE ]

I was as well. But then I had a couple of good nights playing poker, had some money to spare. And after whoring a total of 19 casinos, with initial deposits totalling $1290, I have managed to cashout $5519.3, for an average take per casino of $368. In other words, you must give it a shot. Because of casino bonuses, and a ridiculous run of luck in BJ, I was able to move from playing 2/4 to 5/10. Now, if only my poker game was good enough for that level....

BTW, see the classifieds, one particular site there was very helpful in getting me started. You can find it yourself, or PM me and I will give it to you. Don't want to post it on the boards, or my wonderfully insightful post will be deleted.

Reef 07-04-2005 03:05 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
[ QUOTE ]
Thank you for all the great work you put into this!

[/ QUOTE ]

Unless he's Drinking Bear from BW, the great work was copy and paste.

[/ QUOTE ]

plagiarism

parttimepro 07-04-2005 02:11 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Thank you for all the great work you put into this!

[/ QUOTE ]

Unless he's Drinking Bear from BW, the great work was copy and paste.

[/ QUOTE ]

plagiarism

[/ QUOTE ]

bonuswhores(Drinking Bear) == twoplustwo(parttimepro).

Just trying to share with a larger audience. I thought someone might get their panties in a bunch over this. [img]/images/graemlins/wink.gif[/img]

IggyWH 07-04-2005 04:36 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Thank you for all the great work you put into this!

[/ QUOTE ]

Unless he's Drinking Bear from BW, the great work was copy and paste.

[/ QUOTE ]

plagiarism

[/ QUOTE ]

bonuswhores(Drinking Bear) == twoplustwo(parttimepro).

Just trying to share with a larger audience. I thought someone might get their panties in a bunch over this. [img]/images/graemlins/wink.gif[/img]

[/ QUOTE ]

It's fine if you are drinking bear because you created this...

but it wouldn't be the first time that someone stole someones hard work that was posted on BW and reposted it on 2+2 as their own.

grouchie 07-04-2005 05:11 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
looking at ecasinodeals and not sure where the $60 is coming from.
I see that you get 600 points for doing sites through them, but have searched the store and did not find a way to turn that into cash/gift certs, only different products (table tops, card covers, chip sets, etc).

am I just missing something right in front of my eyes?

IggyWH 07-04-2005 05:42 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
http://www.ecasinostore.com/gift_certificates.html

parttimepro 07-04-2005 11:08 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
What do you need to do to clear those bonuses? I'm pretty risk averse, and the variance playing at casinos to clear bonuses is horrible.

[/ QUOTE ]

Well, it's actually pretty small for some of the casinos. Take Casino-on-Net. It gives a $200 bonus on a $200 deposit, and requires you to make $2000 in wagers. If you get the bonusbonus.net $50 credit, the algebraic expected value of this bonus is +$240. If you do 1000 $2 bets (should take about 4 hours), there is only a 1 in 300 chance you would come out behind. That's $60/hour. Maybe El Diablo wins more than that at poker, but there aren't a lot of other people around here who do.

jman220 07-04-2005 11:16 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
Ok thanks, I'm going to try this out, gotta brush up on my blackjack skills though, its been a while. Can you send me a link to one of the charts for play? I remember the basics of what to hit and what to stay on versus what the dealer is showing, but not some of the hyperspecific double down and split situations.

IggyWH 07-04-2005 11:28 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
Ok thanks, I'm going to try this out, gotta brush up on my blackjack skills though, its been a while. Can you send me a link to one of the charts for play? I remember the basics of what to hit and what to stay on versus what the dealer is showing, but not some of the hyperspecific double down and split situations.

[/ QUOTE ]

Here's a specific chart for CON's software, Random Logic :

http://wizardofodds.com/randomlogic

sexdrugsmoney 07-04-2005 11:32 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
Ok thanks, I'm going to try this out, gotta brush up on my blackjack skills though, its been a while. Can you send me a link to one of the charts for play? I remember the basics of what to hit and what to stay on versus what the dealer is showing, but not some of the hyperspecific double down and split situations.

[/ QUOTE ]

Link

parttimepro, since you are a Casino Whore I have 3 questions for you:

1) With Cyptologic casinos if you take advantage of their monthly deposit and lose the bonus but cash out your original deposit, next month if you deposit again for the bonus does your unfinished wagering requirements carry over as well?

2) With Casino365 in their terms and conditions it says 'your own money will be wagered before the bonus", I take this to mean if you deposit $200, they instantly give you another $200 (bonus money) and say you play BJ at $10 hits and lose $200, you have actually lost your money and not the bonus money which is the remaining $200. (since "your money is wagered first)

Is this true? (this was a huge deterrant in signing up for them.

3) If you do Starluck can you do Planetluck(SP?) also? I have heard a couple of scare stories about people having their Party poker accounts closed because they whored Party's casinos, any truth to this?

Many thanks from a losing poker player who could use some casino whoring on the side. [img]/images/graemlins/wink.gif[/img]

Cheers,
SDM

IggyWH 07-04-2005 11:36 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
1)Yes

2)Yes, but it shouldn't be a deterrant. Once WR is over, the bonus is cashable. It's really no different than every other casino (minus Crypto's that you can do risk-free).

3)You should be fine. I have accounts at all the skins (minus Euro) and have taken 3 casinos (planetluck, starluck, and aceclub) for about a G total and have had no problems.

sexdrugsmoney 07-04-2005 11:44 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
1)Yes

2)Yes, but it shouldn't be a deterrant. Once WR is over, the bonus is cashable. It's really no different than every other casino (minus Crypto's that you can do risk-free).

3)You should be fine. I have accounts at all the skins (minus Euro) and have taken 3 casinos (planetluck, starluck, and aceclub) for about a G total and have had no problems.

[/ QUOTE ]

Many Thanks Iggy.

Re: Casino365, I know I'ma nervous nelly, but what do you think the chance is on a $200 deposit (total $400) to come away with less than $200 (ie- lose money) by flat betting BJ at $3 per hand?

Many Thanks,
SDM

IggyWH 07-04-2005 11:52 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
Re: Casino365, I know I'ma nervous nelly, but what do you think the chance is on a $200 deposit (total $400) to come away with less than $200 (ie- lose money) by flat betting BJ at $3 per hand?

[/ QUOTE ]

The math part of ROR has never been my strong point. Overall, you're about .25% chance of busting completely. I think there's about a 15% chance of you losing the bonus completely but my math could be wrong there.

Need Homer to chime in...

Guthrie 07-05-2005 12:19 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
I did Casino365, $200 deposit, $200 bonus, 2205 hands at $2 per, and cashed out $425. I was never below $360.

sfwusc 07-05-2005 12:25 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
[ QUOTE ]
1)Yes

2)Yes, but it shouldn't be a deterrant. Once WR is over, the bonus is cashable. It's really no different than every other casino (minus Crypto's that you can do risk-free).

3)You should be fine. I have accounts at all the skins (minus Euro) and have taken 3 casinos (planetluck, starluck, and aceclub) for about a G total and have had no problems.

[/ QUOTE ]

Many Thanks Iggy.

Re: Casino365, I know I'ma nervous nelly, but what do you think the chance is on a $200 deposit (total $400) to come away with less than $200 (ie- lose money) by flat betting BJ at $3 per hand?

Many Thanks,
SDM

[/ QUOTE ]

Lets see... 200/3 is 66 units. and 4000/3 is 1333 hands

Losing the bonus is around 15%....http://wizardofodds.com/blackjack/bjapx12.html

SFWUSC

BluEsiNsOuL 07-05-2005 12:31 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
How long did it take to finish the wager requirement Guthrie? How long did it take to get the money back? Thanks.

ttw22 07-05-2005 12:41 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
Question about Casino on Net: Can you get the bonus (and any affiliate bonus) even if you already have a Pacific Poker account? Pacific Poker and Casino on Net are run by the same company, right?

BluEsiNsOuL 07-05-2005 12:46 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
I don't think you can get both. I got that information off bonuswhore.com.

sexdrugsmoney 07-05-2005 03:34 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
Question about Casino on Net: Can you get the bonus (and any affiliate bonus) even if you already have a Pacific Poker account? Pacific Poker and Casino on Net are run by the same company, right?

[/ QUOTE ]

Yes, Casino-on-Net treat Pacific as a seperate entity therefore you cannot log into casino-on-net using you Pacific login.

tinga81 07-05-2005 03:40 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
Is Royal Vegas casino associated with any poker rooms?

I signed up to do a bonus at their site, and after I got my deposit in there, I went to their 'claim bonus' section, as instructed. 30 minutes later, my account is locked and they say that I already had an account on their casino. But I never remember signing up, so I am led to believe I may have signed up through a poker site of theirs.

After a number of e-mails back and forth (and some I had to send a few times, arg) The problem is still not resolved.

I'm glad the bonus takes less than an hour to clear for some nice +EV.

parttimepro 07-05-2005 11:21 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
Question about Casino on Net: Can you get the bonus (and any affiliate bonus) even if you already have a Pacific Poker account? Pacific Poker and Casino on Net are run by the same company, right?

[/ QUOTE ]
You can definitely get the casino bonus. The affiliate bonus is doubtful. I suppose it wouldn't hurt to sign up through an affiliate, but I wouldn't cry if I didn't get their bonus.

IggyWH 07-05-2005 11:35 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
Is Royal Vegas casino associated with any poker rooms?

[/ QUOTE ]

Royal Vegas Poker... you use the same login as the poker site but you can still get the bonus if it's your first time to the casino.

You registering a casino account when you probably already had a poker account there was most likely the problem.

MrBlueNose 07-05-2005 01:28 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
Another site to add to your list that pays cash for signing up at Casinos is UltimatePokerBankroll.com Thats who I went through when whoring last week

sexdrugsmoney 07-05-2005 07:08 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
1)Yes

2)Yes, but it shouldn't be a deterrant. Once WR is over, the bonus is cashable. It's really no different than every other casino (minus Crypto's that you can do risk-free).

3)You should be fine. I have accounts at all the skins (minus Euro) and have taken 3 casinos (planetluck, starluck, and aceclub) for about a G total and have had no problems.

[/ QUOTE ]

Many Thanks Iggy.

Re: Casino365, I know I'ma nervous nelly, but what do you think the chance is on a $200 deposit (total $400) to come away with less than $200 (ie- lose money) by flat betting BJ at $3 per hand?

Many Thanks,
SDM

[/ QUOTE ]

Lets see... 200/3 is 66 units. and 4000/3 is 1333 hands

Losing the bonus is around 15%....http://wizardofodds.com/blackjack/bjapx12.html

SFWUSC

[/ QUOTE ]

Thanks SFWUSC, 15% is what Iggy said also. (Thanks to Guthrie for your post, it was good to know you never dropped below $360, that's alot of help towards me making a decision)

I'm just thinking to myself that 15% of a chance is low.

Am I correct in assuming that if I was at a $200 NL table and dealt aces and went All-in and got called by a player with a pair of kings, that it would actually be riskier than doing the casino whoring? (as theres a 19% of losing with Aces HU?)

Cheers,
SDM

jman220 07-05-2005 07:22 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
1)Yes

2)Yes, but it shouldn't be a deterrant. Once WR is over, the bonus is cashable. It's really no different than every other casino (minus Crypto's that you can do risk-free).

3)You should be fine. I have accounts at all the skins (minus Euro) and have taken 3 casinos (planetluck, starluck, and aceclub) for about a G total and have had no problems.

[/ QUOTE ]

Many Thanks Iggy.

Re: Casino365, I know I'ma nervous nelly, but what do you think the chance is on a $200 deposit (total $400) to come away with less than $200 (ie- lose money) by flat betting BJ at $3 per hand?

Many Thanks,
SDM

[/ QUOTE ]

Lets see... 200/3 is 66 units. and 4000/3 is 1333 hands

Losing the bonus is around 15%....http://wizardofodds.com/blackjack/bjapx12.html

SFWUSC

[/ QUOTE ]

Thanks SFWUSC, 15% is what Iggy said also. (Thanks to Guthrie for your post, it was good to know you never dropped below $360, that's alot of help towards me making a decision)

I'm just thinking to myself that 15% of a chance is low.

Am I correct in assuming that if I was at a $200 NL table and dealt aces and went All-in and got called by a player with a pair of kings, that it would actually be riskier than doing the casino whoring? (as theres a 19% of losing with Aces HU?)

Cheers,
SDM

[/ QUOTE ]

I don't think this is right. There is a only a fifteen percent chance that you won't "lose money." I believe. Whereas with AA against KK, there is only a 19 percent chance that you won't double your money. Of course the other 19 percent of the time you will literally lose all your money (which won't happen 15 percent of the time while casino whoring), so I could be wrong, but I think the math is more advanced than just the example you just gave.

sexdrugsmoney 07-05-2005 07:38 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
1)Yes

2)Yes, but it shouldn't be a deterrant. Once WR is over, the bonus is cashable. It's really no different than every other casino (minus Crypto's that you can do risk-free).

3)You should be fine. I have accounts at all the skins (minus Euro) and have taken 3 casinos (planetluck, starluck, and aceclub) for about a G total and have had no problems.

[/ QUOTE ]

Many Thanks Iggy.

Re: Casino365, I know I'ma nervous nelly, but what do you think the chance is on a $200 deposit (total $400) to come away with less than $200 (ie- lose money) by flat betting BJ at $3 per hand?

Many Thanks,
SDM

[/ QUOTE ]

Lets see... 200/3 is 66 units. and 4000/3 is 1333 hands

Losing the bonus is around 15%....http://wizardofodds.com/blackjack/bjapx12.html

SFWUSC

[/ QUOTE ]

Thanks SFWUSC, 15% is what Iggy said also. (Thanks to Guthrie for your post, it was good to know you never dropped below $360, that's alot of help towards me making a decision)

I'm just thinking to myself that 15% of a chance is low.

Am I correct in assuming that if I was at a $200 NL table and dealt aces and went All-in and got called by a player with a pair of kings, that it would actually be riskier than doing the casino whoring? (as theres a 19% of losing with Aces HU?)

Cheers,
SDM

[/ QUOTE ]

I don't think this is right. There is a only a fifteen percent chance that you won't "lose money." I believe. Whereas with AA against KK, there is only a 19 percent chance that you won't double your money. Of course the other 19 percent of the time you will literally lose all your money (which won't happen 15 percent of the time while casino whoring), so I could be wrong, but I think the math is more advanced than just the example you just gave.

[/ QUOTE ]

It probably is, I failed every Maths I attempted and definately have a pseudo-Gorilla math approach.

My POV though, (enter the Gorilla math) was that in Casino whoring (specifically the Casino365 example) the ROR is 0.25 (IIRC) or 1 in 300 chance, while you have a 15% chance of losing money.

In the AA vs KK comparison, AA will win 81% of the same, but you are right I didn't think of 'splitting the pot', probably because it is quite rare, though happens. (the board would have to straight or flush)

I don't know of the remaining 19% that you don't "double up" with AA vs KK, how much of a % split pots account for.

My question though was that AA vs KK All-in for $200 seems riskier than whoring Casino365 because of the 1 in 300 chance of going broke and the 15% chance of losing money.

Anybody confirm or deny this simian example? [img]/images/graemlins/wink.gif[/img]

Benholio 07-05-2005 08:10 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
AA vs KK for $200 is definately more risky than clearing a $200 CON (we're talking about CON right?) bonus at blackjack. Less $EV too...

sexdrugsmoney 07-05-2005 08:17 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
AA vs KK for $200 is definately more risky than clearing a $200 CON (we're talking about CON right?) bonus at blackjack. Less $EV too...

[/ QUOTE ]

If by CON you mean Casino-On-Net, no.
If you mean "online casino", yes. [img]/images/graemlins/wink.gif[/img]

Specifically it was about Casino365 which (unfortunately) isn't no risk like the Cryptos as it treats all wagered money as yours first, so you can't play, lose and withdraw your original deposit. (you ain't losing bonus money when you're playing etc)

I decided when I started Casino Whoring I would *never* use my own money on something so risky, that's why I'm trying to do the math using the AA vs KK example.

Cheers,
SDM

sfwusc 07-05-2005 10:55 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
Casino whoring variance is higher than Poker.

Hourly rate is also higher.

If you do $10 bets at BJ, then the casino on the net bonus is over $100 an hour.

You would have to be four tabling a nice limit to be making that.

-SFWUSC

jman220 07-05-2005 11:09 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
Two Questions:
1. Smaller bets = smaller variance?
2. Ignoring hourly rate and just looking at gross profits, bet size doesn't matter over time, right? Or am I missing something.

ttw22 07-06-2005 12:24 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
Two Questions:
1. Smaller bets = smaller variance?
2. Ignoring hourly rate and just looking at gross profits, bet size doesn't matter over time, right? Or am I missing something.

[/ QUOTE ]

Yes and yes.

TheMetetron 07-06-2005 12:29 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
[ QUOTE ]
Two Questions:
1. Smaller bets = smaller variance?
2. Ignoring hourly rate and just looking at gross profits, bet size doesn't matter over time, right? Or am I missing something.

[/ QUOTE ]

Yes and yes.

[/ QUOTE ]

2) Not necessarily. I know I have more casino bonuses to do then there is time in a month, so larger bet sizes are mandatory for me. They do increase my gross profits. However, for most people, you are right.

BluEsiNsOuL 07-06-2005 02:13 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
Can someone post or PM me a good guide of casino whoring? Thanks in advance.

SoCalRugger 07-06-2005 03:26 AM

Re: Casino Bonus Summary (or: $565 in free money)
 
[ QUOTE ]
Can someone post or PM me a good guide of casino whoring? Thanks in advance.

[/ QUOTE ]
http://www.bonusbug.com/cgi-bin/yabb...i?board=casino

parttimepro 07-06-2005 12:21 PM

Re: Casino Bonus Summary (or: $565 in free money)
 
To answer the AA vs. KK question:
If you go all in with AA and get called by KK, you will win $200 81% of the time, and lose $200 18.5% of the time. EV = 200 * .81 - 200 * .185 = 125.

At Bet365, it's a little more complicated. Algebraicly, we can determine that the average EV is the bonus minus (wager requirements times house advantage). EV = 200 - (4000 * .005) = 180. There's a wide distribution of possible outcomes. You could lose your whole $200 or you could win $1000. Based on the earlier calculations, 15% of the time, you will lose money, and 15% of the time, you will win more than $380 (i.e. cash out $580 or more).

Bigger bets mean more variance, but they don't change the EV. In other words, if you bet $20 a hand, you'll have a much higher chance of losing money, but also a much higher chance of a huge score. The average is unchanged. Experienced whores make large bets to save time, because they know they'll do enough bonuses that the variance will average out eventually.

After you've exhausted the available cashable bonuses, you'll eventually go to the stickies, which are a whole other topic. Suffice to say that the higher your risk tolerance, the higher the EV for these bonuses.

jman220 07-06-2005 09:21 PM

Another Question
 
Is there an easy way to keep track of how many hands you've played, how much you've wagered? Any programs?

Thanks


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