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djbruxism
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01-01-2007, 02:23 PM
Post subject: Big bonus...Big risk??
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#1 (permalink)
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Join Date: Jun 2006
Posts: 69
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so i've found a 100% $1000 sign up bonus for a casino, and you have to wager 20x$2000= $40,000 to cash it.
The only problem i can see with this is that the game allowed with the lowest house edge is casino war. The house advantage on casino war is between 2% and 2.5%.
if my maths is right then, you can expect to cash 2000-(40,000 x .025)=$1000. Damn. That means i can expect a profit of $0!!
any ideas on how we can turn this into a +EV casino bonus?
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I Like Pie
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Flush
Join Date: May 2006
Location: Toronto, Canada
Posts: 399
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It sounds like this bonus is just not worth doing.
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eeeee
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Full House
Join Date: Jan 2005
Location: SoCal
Posts: 906
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$1000 bonus sounds too good to be true anymore.
BUT, that being said, give us more info -- what room? If you know, what software? If you feel like posting it, terms & conditions?
I can help.
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I'm a know-it-all.
No, really.
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djbruxism
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Join Date: Jun 2006
Posts: 69
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hey guys, just spilling the beans on where the $1000 deposit bonus is.
Here's the terms and conditions, let me all know what you think of it.
http://www.mansion.com/content/casino/casino.aspx?pg=pm
oh, and eeeee, i never did get an email from you about that 1 hour bonus thing. I'll PM you with a different email address now.
Peace out
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eeeee
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Full House
Join Date: Jan 2005
Location: SoCal
Posts: 906
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Oh, yeah. This is a good company. A bunch of folks went through this and made a gob playing even-bet Keno, but then the Keno even bet was removed.
Video Poker is the only reasonable EV game at their 80xB, and the paytable looks OK from where I sit. But, the WR is too high for manual play, so I cannot recommend it. If you still want to tackle it, multi-line, full coin version will give you the best odds and reduce your variance. Still, your hourly return will suck.
I looked at the table game offerings at 40xB. Nothing there, either. All the games are over 2% HA at 40xB, which is far worse than VP at 80xB.
There have been other strategies here, and Mansion has slowly sewed them up one at a time. How's the Poker bonus look? 
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I'm a know-it-all.
No, really.
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05-26-2012, 03:08 PM Australia Legalized Online Poker coming up in next 6 to 12 Months
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