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Old 08-15-2005, 08:18 AM
Benholio Benholio is offline
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Join Date: Jun 2004
Posts: 238
Default Re: Anyone employ the martingale strategy when clearing casino bonuses

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No. You can't increase EV of a cashable bonus by doing it as a sticky.

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If you look up a few posts, Phzon describes very clearly that you can:

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Yes, you are increasing your EV by busting out early some of the time. When you bust out, you don't have to pay the house advantage on the rest of the wagering requirement. This is a very useful strategy if you can accept some variance and the wagering requirements are large.

Imagine you are playing a game with a 1% HA, and you have to wager 100 times the bonus. If you grind it out with tiny bets, you will give up the whole bonus. If you bet everything on the first hand, then grind it out if you win, you will get to keep a little bit less than half of the bonus on average.


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