Casino Whoring vs. Poker Whoring: Hourly Rate

kenberman · #1 12-30-2004, 11:05 AM

Hi,
I've learned a lot about poker bonus whoring thanks to The Zoo, and am thinking about expanding into casino whoring.

I really don't have any more "free" time, so any time I spend Casino whoring would take the place of time I would have spent poker bonus whoring. (I like playing poker, so I'm not talking about replacing all my poker time w/ casino time, but rather some of it)

So basically I am wondering if I can make more, per hour, doing casino bonuses or poker bonuses. I realize that different bonuses give you different hourly rate (at both casino and poker), so I guess I'm looking for rules of thumb.

Apologies is this has been asked before, but I searched and couldn't find too many details.
Thanks!

playersare · #2 12-30-2004, 01:27 PM

casino bonuses are starting to run a bit thin nowadays compared to poker. I'd estimate that if you were able to run through all possible whores in a particular month, the gross bonus dollar breakdown would be like 25% casino 75% poker.

in terms of a per hourly basis, after you calculate your net theoretical win of a particular casino bonus, divide your average per-hand wager (assuming blackjack or video poker) by the WR and then divide that by the number of hands the software can play per hour. crypto casinos in particular have great data logs which display how many hands and gross wagering totals per session (generally 30 minutes max).

as an example, here is my analysis on intercasino bj whoring from a previous post:
400 hands per hour in intercasino turbo mode
$800 of wagering per hour at $2 per hand (minimum bet)
3.125 hours to clear $2500 wagering requirement
$100 cash bonus minus $12.50 theoretical loss
($2500 times 0.5% casino edge S17 DAS Sp1 nS)
net win $87.50 divided by 3.125 hour
earnings rate $28.00 per hour

you can't multitable at a casino, so if you want to increase your $/hr earnings rate, you can bet more per hand so long as you also increase your live bankroll to cover the rise in RoR. I usually have at least 50x of my flat BJ bet to cover the swings, at higher stakes you may consider closer to 100x. at the same time, you don't want to bet so high that the variance goes beyond the actual gross value of the bonus itself. you don't want to bet $25 a hand and swing down $200 for just a $100 bonus.

to calculate poker earnings rate per hour*per table, I would use an average of 50 raked hands per hour (60 total hands/hour), and ensure that you are playing at limits which guarantee the maximum player points credit per raked pot (generally $2/4 and up for per-dollar sites like Poker Stars and Ultimate Bet). On sites that credit you for ANY raked hand like Party Poker and Paradise (though there is still a minimum req'd rake of 25c or more), then you can play the minimum stakes tolerable (play higher if you are a winning player to begin with). calculate the player points to bonus dollars ratio for the site your playing on and then multiply by 50 (hands/hour*tables) for your hourly bonus rate.

party poker for example (using 7 raked hands = $1 bonus ratio) is worth about $7 per hour (50 divided by 7), per table in bonus earnings.

so four tabling 50c/$1 on party poker is roughly the same in hourly earnings as playing turbo blackjack on intercasino for the minimum $2 bet.

this post might be useful too
http://forumserver.twoplustwo.com/sh...Number=1425377

vindikation · #3 12-30-2004, 02:34 PM

I'm new to the whole "whore" thing but what I did notice was that Casino whoring is REALLY, REALLY boring compared to poker. It is fun for about 15 minutes, then turns into hell.

Now if you can stay focused and play straight up Blackjack for hours, then go for it. After 45 minutes I was really bored, started losing, started to increase my bets and busted out. No more Casino whoring for me.

Just my experience.

kenberman · #4 12-30-2004, 02:52 PM

great info, thanks

playersare · #5 12-30-2004, 02:59 PM

*I* am the one who told you about boring casino whores in the last thread. All you've reiterated here is that you had no f**king idea what you were doing the first time out. using your own dumb experience of negative progressive betting has absolutely no bearing on the strict mathematical outcome of casino whoring when done properly. I doubt you even knew the correct basic strategy chart for the game you were playing.

kenberman is trying to make an honest go at something that could pay in excess of $30 an hour, while you are 3-tabling paradise at a $15 max (and not even accomplishing that by playing lower-raked NL games) and STILL whining about it.

it's a free country, and sometimes your newbie travails are actually mildly entertaining. but I do suggest you stay out of discussions concerning numerical fact in the early goings.

no hard feelings

BradleyT · #6 12-30-2004, 03:19 PM

Wrong - it IS boring.

Profitable - sure?
Boring - definitely.
Tilt prone just to get it over with - yes.

Lazymeatball · #7 12-30-2004, 03:23 PM

[ QUOTE ]
*I* am the one who told you about boring casino whores in the last thread. All you've reiterated here is that you had no f**king idea what you were doing the first time out. using your own dumb experience of negative progressive betting has absolutely no bearing on the strict mathematical outcome of casino whoring when done properly. I doubt you even knew the correct basic strategy chart for the game you were playing.

kenberman is trying to make an honest go at something that could pay in excess of $30 an hour, while you are 3-tabling paradise at a $15 max (and not even accomplishing that by playing lower-raked NL games) and STILL whining about it.

it's a free country, and sometimes your newbie travails are actually mildly entertaining. but I do suggest you stay out of discussions concerning numerical fact in the early goings.

no hard feelings

[/ QUOTE ]

bitter?

Subby · #8 12-30-2004, 03:33 PM

[ QUOTE ]
*I* am the one who told you about boring casino whores in the last thread. All you've reiterated here is that you had no f**king idea what you were doing the first time out. using your own dumb experience of negative progressive betting has absolutely no bearing on the strict mathematical outcome of casino whoring when done properly. I doubt you even knew the correct basic strategy chart for the game you were playing.

kenberman is trying to make an honest go at something that could pay in excess of $30 an hour, while you are 3-tabling paradise at a $15 max (and not even accomplishing that by playing lower-raked NL games) and STILL whining about it.

it's a free country, and sometimes your newbie travails are actually mildly entertaining. but I do suggest you stay out of discussions concerning numerical fact in the early goings.

no hard feelings

[/ QUOTE ]
Why is it so hard to treat people with common decency and respect?

I mean, really...

kurosh · #9 12-30-2004, 03:47 PM

I think poker is more boring than casino whoring. In poker, you're folding 80% of the time. I'm in and out of casinos within 15 minutes. When you're betting up to $200 a hand of BJ, it's plenty exciting! mmmmm *thinks of when he placed a max bet of $500 and got a BJ*

vindikation · #10 12-30-2004, 04:09 PM

The reason I like the 2+2 Forums is because there are world class players sharing their knowledge with newbies like me. There are not a lot of fields where this can be done.

I was stating my opinion that I found Casino whoring boring (as many others have said as well). I also mentioned I f#cked up and didn't play correctly (even with my correct Wizardofodds chart for Planet Luck). Also mentioned was the fact that if you play properly, you should win money from the casino whoring.

I think your posts are very informative, but your social skills are on par with Josh Arieh and Mike Matsuo. Saying "no hard feelings" doesn't negate you sounding like a dick. Funny the more I'm around poker and casinos, I'm discovering a lot of nice people but I'm also discovering a lot of assholes.