Re: Free casino money
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"Deposit - $200
Bonus - $200
Wagering Requirement - $1000 (5 times deposit!)
EV is almost the full $200, maybe $197 or so. Will take you an hour at most with $5 bets."
thanks for the info, Homer, but i'm afraid i don't understand this
are you saying you make 200 $5 bets and you are likely to still have $397 to withdraw?
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The expected value is $397 (profit of $197), which on average is how much you'll withdraw. If 100 people did this deal and we took the average cashout, it would be extremely close to $397. You personally may win more or less than that amount, because of standard deviation.
-- Homer
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