Casino Bonus Worth it or not

Barry_G · #1 10-25-2005, 01:50 AM

I keep getting a reload offer from a casino for 50% bonus on any deposit from $50-$1000.

However for BJ it's a 40x B+D playthru. I've never done a bonus with this large playthru. I've only done the easier ones (CON,STARLUCK,etc..)

Whats the chance of busting before completing? How large would you bet? 60,000 is a lot of hands. No autoplay but really fast software and it is listed on casinomiester as accredited casino.

$1000 is a lot of my bankroll so i may just do a smaller deposit and go for a quicker playthru.

Thanks.

Freakin · #2 10-25-2005, 01:54 PM

Thats a helluva lot of WR for $200 in EV. I'm sure you have better offers.

Freakin

Homer · #3 10-25-2005, 03:46 PM

Alright, so it's a 1000/500/60000. If the HA is 0.5%, EV is $200, which isn't bad. However, to have a decent hourly rate, say $20/hr, you're going to have to bet about $15/hand, which gives you an SD of $1090. Translation -- you're going to lose money about 43% of the time, and it's not outside the realm of possibility that you'll lose a lot. Probability of losing $500 or more is 26%.