Re: Bodog\'s Casino Bonus
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Okay so Bodog offers a 20% deposit bonus on every deposit. But to clear it at the casino you need to wager 20x the deposit and the bonus.
Their craps game has a .606% house advantage with optimal strategy.
So if you deposit 100 dollars, you get a 20 dollar bonus and must wager 2400 to clear it. So 2400 * .99394 return ~ 2385. So you keep 5% of your bonus.
The bonuses are infinite. Is my math wrong? How can they offer this without being exploited?
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You keep 25% of your bonus (assuming your Deposit, Bonus, WR and HA numbers are correct)...so it is better than you first posted. I suspect they will pretty quickly ban you if you "abuse" the bonus by depositing, playing the minimum, and withdrawing...then repeating over and over.
Acme
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