Golden palace Casino

[POKhER]

Boogster.com do a 5k point thing (Equivelent to $50).

Now the game is black jack( http://www.goldenpalace.com/welcome....%2Fprivacy.php ) Rules should be in that link.

Now it seems its multiple deck, Stands on 17, Split to 2 only, Not sure if you can split with 9-11 or 10-11 cant seem to find this out.

Using the calculator:
http://wizardofodds.com/blackjack/ho...alculator.html

it seems its between 0.5808% and 0.6729% 9-11 or 10-11 respectively.

So 0.5808 = .005808*200(wager) = EV + $50 = EV
Or 0.6729 = .006727*200(Wager) = EV + $50 = EV
I've done this bit wrong im sure it must be .05808 and .06727 for 200 wagering at the House Advantage.

ANyhow can someone confirm my math.

I done Starluck/planet so far... oh and VCCASINO.COM partially, Awaitng bonus then i got to wager a bit more.

Cheers guys.
p.s. This place offers a bonus themselves, but i must check the T&C of Wagering.

[Freakin]

I'll help you out

Playtech software

There the breakdown of all their games. They use the Playtech software.

Their bonus is probably not what you're looking for. It's a fantastic bonus of 300% to $300, with only a 4x(deposit+bonus) wagering requirement.

However, it is a STICKY bonus. This means that you can NEVER cash out the $300 bonus. Why is this an advantage to you? You can still wager with the money.

In the simplest sense, you deposit 100, get 300 bonus, so yoru balance is 400.

You bet this all on one hand of Casino War (or another coin-flip kind of game).

If you win, your balance is 800. If you lose, it is 0.

When you cash out your 800, they take 300 back, leaving you at 500. So you deposited 100, and are cashing out 500 for a 400 profit. If you lose, you're only losing 100. Get it? 50/50 chance of winning 400 or losing 100 = +EV.

It's not quite that simple, there is still a wagering requirement attached, but you get the idea...

Freakin

[POKhER]

Awesome post mate, Cheers for this - Much much much appreciated.

Yeh it does make sense, Although thats down to if i have $100 to wager i suppose... Risky but if i do it in $1 increments... Might be +EV anyhow(With less varience)?

Im not sure, There T&C do state however:

"If the casino deems that you have wagered and risked only the BONUS in order to pass the audit, the casino reserves the right to void any winnings resulting from these wagers as well as the bonus itself, and will refund your purchases.

By claiming this promotion, all forms of Craps, Roulette, Baccarat, or Sicbo can not be played until you have cashed in after wagering 4X the total amount deposited or your play balance reaches zero. Failure to comply will void any and all winnings, as well as play bonus credits, and may result in your account being locked at the sole discretion of the casino."

Anyhow i ALSO get $50 from BOOGSTER.COM for wagering $200... so if i risk it on one bet... maybe i only lose $50 if it comes to the worse.

You see what i mean?

Hmm so sticky bonuses means they keep the cash, How do you know fi its a sticky?

I did starluck/planet, and i got to keep my bonus? That mean it wasnt a sticky?

[Freakin]

It's impossible to do a sticky bonus without being risky. A more advanced strategy is to set a target based on your bankroll and risk tolerance (more discussion on www.bonuswhores.com). So you have a target of say $1000. And your goal is to either hit that target or bust trying. If you start at 400 and make $1 bets, you'll have to go up 600 bets before you hit your target. That has ALMOST no chance of success. If you bet $50 per hand, then you only have to go up 12 bets, which is much more likely. Of course, if you go down 8 bets, you've busted.

Stickies are all a numbers game, where you set a target and do as many as you can find.

You know when it's a sticky bonus because it will say "Play bonus is for wagering purposes only" or something to that effect.

As for the bolded line that you found in the T&C, nearly every casino has it, but few will use it. The casinos that revoke bonuses or lock account of players who are bonus whores are usually poorly respected even on the real gamblnig websites like CasinoMeister. Look at a casino like Grandbanks, that basically always will catch a bonus whore and confiscate their winnings... they're rogued.

You should be totally fine. Don't bet it all on one hand, but don't worry too much about being label a bonus abuser.

Freakin

[POKhER]

Hmm i see, Thanks for the information freakin. Were my calculations wrong by the way?(of course they are now due to it being a sticky, but if it wasnt? are my HA's correct at all? Have i got the HA from Wizard of odds and added two zeros in front of it correctly? Or is it one 0?

If you could clear that up then my understand of Casinowhoring just increased [img]/images/graemlins/smile.gif[/img].

Cheers mate,
POKhER.
p.s. With $50 after wagering $200 i guess its -EV $50 if i lost it all.. Hmm debateable, ill guess ill see what happens.
p.p.s. do you do any offers like these?

[Freakin]

[ QUOTE ]
Hmm i see, Thanks for the information freakin. Were my calculations wrong by the way?(of course they are now due to it being a sticky, but if it wasnt? are my HA's correct at all? Have i got the HA from Wizard of odds and added two zeros in front of it correctly? Or is it one 0?

If you could clear that up then my understand of Casinowhoring just increased [img]/images/graemlins/smile.gif[/img].

Cheers mate,
POKhER.
p.s. With $50 after wagering $200 i guess its -EV $50 if i lost it all.. Hmm debateable, ill guess ill see what happens.
p.p.s. do you do any offers like these?

[/ QUOTE ]

Lol, i guess I should have answered the questions you were actually asking.

The HA for this game is .52% according to wizard of odds. (So your calculation was quite close) To calculate your EV, you take the amount of money you have, minus (house advantage * amount to wager).

So in this example if your only goal was to wager $200 on blackjack

200*.0052=$1.04 in expected losses.

So if you want the $50 from Boogster, you can deposit say $100, wager 200 hands at $1 each, expect to lose $1.04, and expect to cash out $98.96. This isn't ideal, since you're kinda screwing over Boogster, but it would work fine for you.

The reason I say it's screwing over Boogster is because they're getting paid to refer players to Golden Palace, and if every player is just wagering the minimum and cashing out, they're going to realize that Boogster is unprofitable for them and terminate their affiliate account (hopefully after paying them what they're owed)

I do sticky offers whenever I can find them, and have done at least a few dozen since I started casino whoring. They're a lot of fun when you hit your target, and kind of depressing when you don't.

It's nice to wake up, sign up for a casino, hit your target and make $800 before you go off to work. Of course, this happens about 25% of the time for me.

I'd recommend staying away from stickies at this point in your whoring career. It doesn't mean you shouldn't do this offer for the free $50, but it's shooting yourself in the foot for the best sticky bonus offer available.

Freakin

[POKhER]

Thanks your help freakin, This thread will go to my favourites and hopefully help many in the future. Actually helped me more than bonuswhores whole site has but now i understand a fair bit of it.

Ah i see so its profitable for doign $1 bets, But if i want to takine CasinoWhoring seriously and potentially make lots of cash i shouldnt do this as its the best out there?

Hmmm, Got to weigh up the options i suppose.

Was you sucessfull with this at all?
And finally how do you set a target? Just pick a number? i asume there must be a calculation to get a target?

Im currently doing VCCasino.Com £100 bonus.

Thanks,
POKhER.

[Freakin]

Here you go

Thats the BW thread on sticky targets. There's another one on bet size. It's all based on your bankroll.

If you're looking for a quick buck, then this will probably work for you.

If you're looking to get serious about casino whoring, then either do this bonus seriously with a good target, or don't waste it yet.

Know that Golden Palace also can take up to 3 weeks to process cashouts, and you'll have to send in a picture ID, bank statement, and utility bill.

Freakin

[bobman0330]

[ QUOTE ]
However, it is a STICKY bonus. This means that you can NEVER cash out the $300 bonus. Why is this an advantage to you? You can still wager with the money.

In the simplest sense, you deposit 100, get 300 bonus, so yoru balance is 400.

You bet this all on one hand of Casino War (or another coin-flip kind of game).

If you win, your balance is 800. If you lose, it is 0.

When you cash out your 800, they take 300 back, leaving you at 500. So you deposited 100, and are cashing out 500 for a 400 profit. If you lose, you're only losing 100. Get it? 50/50 chance of winning 400 or losing 100 = +EV.


[/ QUOTE ]

It seems like a coinflip game is one of the worst to use. Assume it's just a 100% sticky bonus to make the numbers easier. If I deposit 50, get matched 50, and bet it on a coinflip, my EV is (+100 - 50) / 2 = +25.

But wager it on a 2-1 shot, and your EV is now (+ 200 - 50 - 50) / 3 = $67. And so forth.

Am I missing something?

[RiverTheNuts]

nm