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-   -   Littlewoods casino bonus, I busted 1/4 way thru, should i redeposit? (http://archives2.twoplustwo.com/showthread.php?t=390971)

PLOlover 12-04-2005 03:59 AM

Littlewoods casino bonus, I busted 1/4 way thru, should i redeposit?
 
So I've wagered about 250 of the 1000 necessary WR before I busted my 50gbp deposit.

Should I redeposit for the bonus 50 after WR met?

Basically a) can I do that? and b) should I do it if I really bet tilty sometimes at these casino deals?

Also, can I also do the Littlewoods poker bonus, or can I only do one or the other? Should I just do the poker one now?

hhughes 12-04-2005 11:36 AM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposit?
 
Id re-deposit and try for the bonus, but that's just me...finished about 20 pounds ahead clearing this one earlier this week. If your prone to tilting though, I might wait a few days before attempting this again, or just wait till next month.

And you can do both the casino and poker bonuses...they're seperate bonuses.

FWIW

Homer 12-04-2005 12:22 PM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposi
 
[ QUOTE ]
So I've wagered about 250 of the 1000 necessary WR before I busted my 50gbp deposit.

Should I redeposit for the bonus 50 after WR met?

Basically a) can I do that? and b) should I do it if I really bet tilty sometimes at these casino deals?

Also, can I also do the Littlewoods poker bonus, or can I only do one or the other? Should I just do the poker one now?

[/ QUOTE ]

Yes, you should redeposit. I had to do it 3 times at Littlewoods this month, but it was the correct play. Think of it this way -- if you don't redeposit, you're saying that a 50 bonus with a 1000 requirement is worth doing, but a 50 bonus with a 750 requirement isn't. That being said, if you can't control yourself and bet within your bankroll, you should abandon the bonus.

AcmeSalesRep 12-04-2005 03:41 PM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposi
 
What Homer said.

Plus, here's a little info on the level of variance in bonuses like this...I was flat-betting 2P per hand for 5 hands per deal and here were my results at some points:

@ 300P wagered, I was -77P (all amounts pre-bonus)
@ 600P wagered, I was -7P
@ 800P wagered, I was -74P
@ 1000P wagered, I was +6P

It can be super-frustrating when you are running poor. But you just have to accept that there are times when you run super-hot. I had 2 nasty streaks while clearing this bonus...but I also had 2 awesome runs that more than balanced things out.

Acme

PLOlover 12-04-2005 03:55 PM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposit?
 
Thanks everybody, btw, it's not really that I tilt, even though I guess I do, but it's more I'm used to playing these as a sticky type bonus where I bust often but win big sometimes.

With the bonus at the end you just can't play them that way.

Thanks for pointing out I can do the littlewoods poker bonus too.

Just to recap, AFAIK,

Littlewoods, can do casino AND poker bonus,
Intercasino, can only do casino OR poker,
Will Hill, not sure but think only casino OR poker.??

I don't play the ones where technically american players are not allowed so I'm not sure about them.

hhughes 12-04-2005 05:48 PM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposit?
 
[ QUOTE ]
Thanks everybody, btw, it's not really that I tilt, even though I guess I do, but it's more I'm used to playing these as a sticky type bonus where I bust often but win big sometimes.

With the bonus at the end you just can't play them that way.

Thanks for pointing out I can do the littlewoods poker bonus too.

Just to recap, AFAIK,

Littlewoods, can do casino AND poker bonus,
Intercasino, can only do casino OR poker,
Will Hill, not sure but think only casino OR poker.??

I don't play the ones where technically american players are not allowed so I'm not sure about them.

[/ QUOTE ]

FWIW, the Will Hill bonuses are also seperate... [img]/images/graemlins/grin.gif[/img]

AcmeSalesRep 12-04-2005 07:52 PM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposi
 
[ QUOTE ]
Littlewoods, can do casino AND poker bonus,
Intercasino, can only do casino OR poker,
Will Hill, not sure but think only casino OR poker.??

[/ QUOTE ]

At Will Hill, you can do both casino and poker.

Also,
UK Betting -- both casino and poker
Total Bet -- both casino and poker

My Will Hill status is pretty funny actually...Despite betting just 2P per hand, I have quickly busted the bonus for 8 straight months. My wager requirement to ever withdraw a bonus now stands at ~1860P. I doubt it will ever actually be +EV for me...but since I don't have to bother with any of my own money, I have a little fun each month for free. Then I go off and whore bonuses where I can actually make money!

If they ever banned me for bonus abuse, I would just about die laughing. I'm not costing them anything...and it would just remove the "need" to play something with no value to me!

Acme

Sniper 12-04-2005 08:37 PM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposit?
 
[ QUOTE ]
FWIW, the Will Hill bonuses are also seperate

[/ QUOTE ]

Do you have a seperate account setup for each, or do you use one WH account to take advantage of both bonuses?

AcmeSalesRep 12-04-2005 08:50 PM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposi
 
[ QUOTE ]
[ QUOTE ]
FWIW, the Will Hill bonuses are also seperate

[/ QUOTE ]

Do you have a seperate account setup for each, or do you use one WH account to take advantage of both bonuses?

[/ QUOTE ]

I have just one account...and I have never had any trouble clearing both bonuses in a month...

Acme

BigF 12-04-2005 10:29 PM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposi
 
[ QUOTE ]
Thanks everybody, btw, it's not really that I tilt, even though I guess I do, but it's more I'm used to playing these as a sticky type bonus where I bust often but win big sometimes.


[/ QUOTE ]

It doesn't make sense to "stickify" these bonuses. No matter how hard you try, your EV gain is negligible.

fluff 12-04-2005 11:38 PM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposi
 
[ QUOTE ]
[ QUOTE ]
Thanks everybody, btw, it's not really that I tilt, even though I guess I do, but it's more I'm used to playing these as a sticky type bonus where I bust often but win big sometimes.


[/ QUOTE ]

It doesn't make sense to "stickify" these bonuses. No matter how hard you try, your EV gain is zero.

[/ QUOTE ]

FYP

BigF 12-05-2005 12:15 AM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposi
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Thanks everybody, btw, it's not really that I tilt, even though I guess I do, but it's more I'm used to playing these as a sticky type bonus where I bust often but win big sometimes.


[/ QUOTE ]

It doesn't make sense to "stickify" these bonuses. No matter how hard you try, your EV gain is zero.

[/ QUOTE ]

FYP

[/ QUOTE ]

Please don't FIX my post if you don't know what you are talking about.

PLOlover 12-05-2005 11:19 AM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposi
 
It doesn't make sense to "stickify" these bonuses. No matter how hard you try, your EV gain is negligible.

--------------------------------

I just meant I usually bet big and usually bust out quickly but sometimes win big. One big plus is that it doesn't take very much time.

hhughes 12-05-2005 11:45 AM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposit?
 
Just one account, but you do have to download the casino( I believe this is correct, its been awhile since I set this up [img]/images/graemlins/laugh.gif[/img])

fluff 12-05-2005 12:30 PM

Re: Littlewoods casino bonus, I busted 1/4 way thru, should i redeposi
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Thanks everybody, btw, it's not really that I tilt, even though I guess I do, but it's more I'm used to playing these as a sticky type bonus where I bust often but win big sometimes.


[/ QUOTE ]

It doesn't make sense to "stickify" these bonuses. No matter how hard you try, your EV gain is zero.

[/ QUOTE ]

FYP

[/ QUOTE ]

Please don't FIX my post if you don't know what you are talking about.

[/ QUOTE ]

The EV gain from "stickifying" a bonus, ie. setting a target, betting big in order to reach it or bust, comes from the fact that if you bust, the remainder of your WR is forgiven. Your EV increases by the exact amount of WR forgiven. Since this particular bonus is only awarded after the WR is completed, no WR is ever forgiven, hence there can be no EV gain.

Now, what were you talking about?


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