View Single Post
  #23  
Old 08-04-2005, 10:08 AM
SteveM SteveM is offline
Member
 
Join Date: Apr 2005
Posts: 95
Default Re: i\'m afraid to whore casinos

[ QUOTE ]
[ QUOTE ]
Intercasino and I think some of the other cryptos ARE risk-free. Deposit $100 (this month, but usually it is $90), then they credit your acct. 100% bonus. Play blackjack (I just bet $5 for 500 hands) according to the chart they provide until you reach the WR (25X) or lose the bonus. Then quit. Any losses come out of the bonus first, so as long as you stop when your bonus is gone, it is truly risk-free. I've done it the last 2 months (ever since they made the bonus too hard to clear at the micros) and won $200-$300 in about 1.5 hours both times. I don't expect to do that well every time, but since I can't LOSE anything, I'll be back every month.

[/ QUOTE ]

let me get this str8, say i lose the $100, did i only lost the bonus cash? or did i lose my actuall 100 bucks i put on.

im a little confused here, why and or how would they cover your loses?

[/ QUOTE ]

Yes, that is correct. When you deposit the bonus will show up in your account but will not be "available for withdrawl" until you meet the 25X wagering requirement. You can even take out your initial deposit before playing a single hand. Either way, your losses come out of the bonus first, so as long as you stop playing if you lose the bonus before clearning the WR you can't lose any money (I was skeptical at first, too). When you hit the 25X WR, you can immediately withdraw everything in your account. If there's any drawback, it is this - I've heard that the WRs stack from month to month so if you bust out after betting, say only half of the WR, next month you will have to wager the remainder PLUS the current month's WR before being able to cash out your free money. Still, this clearly meets my definition of risk-free. And it isn't any secret, either, lots of 2+2ers do it every month. There were several threads about it when the bonus became all but unclearable at the micro poker tables.

As for "why or how would they cover your losses" I suppose they just want your action. Maybe most people who use the bonus will continue to play long after meeting the WR. Took me about 1.5 hours - after that all those games are -EV.

Finally, a disclaimer: They've changed some of their policies lately and there's no saying they can't change this one, too. It worked for me this month and last month - that's all I know for sure.
Reply With Quote