Casino Whores Only

[Spartacus]

This is for those with some 'gamble' in them. Super Vegas Casino has their casino cash back bonus today. Make 5 bets of $50 on blackjack and get a $50 bonus. The bonus must then be wagered 10 times. I don't know what the expected value is for this but my $200 deposit now sits at $500 [img]/images/graemlins/smile.gif[/img] awaiting the bonus to be credited. I won 5 out of 6 hands so of course I am very happy.

FWIW They are very reputable and I have had good luck and service from them. I ran a $30 match bonus a few months back to up over a grand, which was in my Neteller the next day. No complaints about them at all.

As I said, this is for those with 'GAMBLE' in them. Good luck.....

[bwana devil]

Could someone smarter than me run the numbers and determine if this is +ev from a mathmatical perspective? Upon first glance and using rudimentary math to look at it, it seems to barely be +ev.

Then throw in the hugh variance factor and it is not something my bankroll could withstand a negative swing to right now.

[Sponger15SB]

Its not that hard to figure out mathematically.

Its only a $750 WR for a $50 bonus, which should give you like an EV of $45. However I'm sure the varience is off the charts, which makes it not worth it for me!

[Forum Enforcement Division]

[ QUOTE ]
This is for those with some 'gamble' in them. Super Vegas Casino has their casino cash back bonus today. Make 5 bets of $50 on blackjack and get a $50 bonus. The bonus must then be wagered 10 times. I don't know what the expected value is for this but my $200 deposit now sits at $500 [img]/images/graemlins/smile.gif[/img] awaiting the bonus to be credited. I won 5 out of 6 hands so of course I am very happy.

FWIW They are very reputable and I have had good luck and service from them. I ran a $30 match bonus a few months back to up over a grand, which was in my Neteller the next day. No complaints about them at all.

As I said, this is for those with 'GAMBLE' in them. Good luck.....

[/ QUOTE ]

For those that want to go direct to the casino and not use the hidden affiliate url in this post:

http://www.supervegascasino.com/c/content/home.html

[pzhon]

[ QUOTE ]
Upon first glance and using rudimentary math to look at it, it seems to barely be +ev.

[/ QUOTE ]
This is extremely favorable. The house advantage is 0.46% if you ignore the comp points, so if you wager $250 you give up $1.15. They give you $50 to make up for this, for an EV of $48.85, ignoring the play needed to clear the bonus. The Kelly Criterion recommends having a bankroll of $350 to take on a standard deviation of $130 for $48.85.

You get $70 for placing 5 $100 bets. The marginal value of this promotion is $20-$1.15 = $18.85. The Kelly Criterion recommends having at least $2700 to take advantage of this.

You get $100 for placing 5 $500 bets. The marginal value of the last step is $30-$9.20 = $20.80. The Kelly Criterion recommends having a bankroll of $79,000.

Please play more than the minimum to encourage them to continue this promotion.

[Spartacus]

I am NOT an affiliate here. I merely cut and pasted from their bonus page. It may have a 'hidden affiliate tag' from wherever I signed up from. [img]/images/graemlins/blush.gif[/img]

[busguy]

Yah, I was figurin it had to be sumpin like dat


[img]/images/graemlins/grin.gif[/img] busguy

[GrannyMae]

It may have a 'hidden affiliate tag' from wherever I signed up from

it does not look like a hidden tag. i think the affiliate is that sportingbet dot com site, probably not an individual.

[fluff]

Sportingbet is the parent company of SuperVegas casino.

That link is not an affiliate link.