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Old 07-04-2005, 11:08 PM
parttimepro parttimepro is offline
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Join Date: Dec 2004
Posts: 227
Default Re: Casino Bonus Summary (or: $565 in free money)

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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.

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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.
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