Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

If your first deposit at Mansion was $1100 to the the Steelers bet, then you also were given an $1100 bonus that can be played off in the casino or poker room. In the casino you must wager 10x the bonus+deposit. In this case, total wagering of $22,000 is required (($1100+$1100) *10)

This is further complicated by the fact that certain games have reduced contribution to the required wager. For instance, blackjack only contributes 10% of each bet towards your wagering requirement. So, a $5 bet on blackjack only contributes $.50 cents towards your $22,000 requirement. Baccarat contributes 25% towards your wagering requirement and results in about $150 EV if played out.


However, the best way to clear this bonus is actually with KENO resulting in EV of $540.08! Keno clears at 100% contribution for each bet. So a $10 bet at keno clears $10 of your wagering requirement. They allow this because Keno has a much higher house edge than most other games, however it seems they overlooked a keno side bet they offer.

Mansion offers a odd/even side bet on Keno that pays 1.95:1. (2.5% house edge) In order to play this bet, you have to also pick numbers. Picking 3 numbers has a house edge of 6.962%. Mansion allows your side bet to be 100x larger than your number pick bet. So, you can bet $.10 cents on the 3pick and $10.00 on the side bet.

This will require 2179 total spins to clear the $22,000 wagering requirement. The total expected house edge on this is $559.92 leaving your expected bonus EV of $540.08.

Doing this manually would be tedious, but setting up a script to auto-run these spins is not difficult and results in an easy EV $540.


I've not calculated the SD or risk of ruin, but it should be relatively insignificant. Anyone want to add those calcs to this discussion?

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

Was this bonus already credited or only after wagering? When I go into a casino game, I only see my original, cashable balance.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

If you click "My Account" and then the "Earned Bonus" tab you will see where the bonus is calculated. It is already available to you (if this was your first deposit) - it just needs to be cleared.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

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Was this bonus already credited or only after wagering? When I go into a casino game, I only see my original, cashable balance.

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Pretty sure it's not credited until you meet the WR.

and OP, I don't have time to run through your math, but if correct, NICE WORK!

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

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I've not calculated the SD or risk of ruin, but it should be relatively insignificant.

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I think this needs more investigation. Keno itself can have very high variance. Not sure about the side bet you're talking about though.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

Right, most of the money is bet on the side bet which will have very low variance over 2179 spins.

The 3pick will have higher variance, but is much less significant.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

BUMP

Interesting thread [img]/images/graemlins/grin.gif[/img]

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

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Right, most of the money is bet on the side bet which will have very low variance over 2179 spins.

The 3pick will have higher variance, but is much less significant.

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What is the SD of the side bet? Do you know? How do we find out?

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

One more point:

You don't really need a script to automate this. They have a "Play 10x" button which runs 10 spins for you. It's not tough to leave this up on a second monitor and press the 10spin button every 5 minutes or so while working on something else.

(I know some people are not comfortable with AHK scripts)

220 presses of that button and you are EV $540 richer.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

Have u tried clearing it or is this just a theory?

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

Sounds very interesting, but I'm still wondering what the variance looks like.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

This thread will be 250 replies long after the weekend.


Excellent job EC.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

so can I play for those 1000 bonusdollars already(they dont seem to be available cause my account money is still 2100 and not 3100? And if so and I loose them am I still able to cash out my other money?

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

My run is about 5 hours in, will probably take around 18 hours to run total. So far I'm a little up in Keno and the bonus is clearing as expected.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

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However, the best way to clear this bonus is actually with KENO resulting in EV of $540.08!

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http://www.theindyexperience.com/pho...Crusade/15.jpg


Asps.

Very dangerous.

You go first.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

and how can 200 clicks on a button take 18 hours? Sounds strandge to me or am I missing sth?

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

forgive me....what does it mean when the word "BUMP" appears as or in a post?

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

Awesome!. Gimme script please!.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

Each click is 10 spins which takes just over 5 minutes.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

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and how can 200 clicks on a button take 18 hours? Sounds strandge to me or am I missing sth?

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After you click, you have to watch the game play out 10 times before you can do anything else. I ran through one set of 10 games, took about 4 minutes, lost $2.70 which is pretty close to right on.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

OK, sounds tedious but worthwhile if true - but could you answer my q below please EC Mount?:

so can I play for those 1000 bonusdollars already(they dont seem to be available cause my account money is still 2100 and not 3100? And if so and I loose them am I still able to cash out my other money?

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

[ QUOTE ]
OK, sounds tedious but worthwhile if true - but could you answer my q below please EC Mount?:

so can I play for those 1000 bonusdollars already(they dont seem to be available cause my account money is still 2100 and not 3100? And if so and I loose them am I still able to cash out my other money?

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Nope. You play with your money first. Once you complete the wagering requirement, the bonus money is yours.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

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so can I play for those 1000 bonusdollars already(they dont seem to be available cause my account money is still 2100 and not 3100? And if so and I loose them am I still able to cash out my other money?

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No, you have to clear the bonus before you can cash it out. The bonus appears in your account under earned bonus, you have to play with your own money to clear it.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

Thanks BOOT.

Glad I could give something back. I only logged onto the forum to answer some questions about my product and ended up winning $1k on the Steelers game due to info posted here.

Great forum.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

I only deposited $200 my first time deposit. Still +EV to clear the 1st deposit right? Also on keno you can do upper and lower bets too.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

What's the ev if you kick the bet up to .20/20, which would clear the thing twice as fast.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

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What's the ev if you kick the bet up to .20/20, which would clear the thing twice as fast.

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EV should stay pretty much the same...you would just increase your chance of going bust.

Turbo Mode
 

Go into options and choose game speed--Fast. This goes way more than twice as fast. Note you have to exit and restart keno for speed change to take effect.

You're welcome.

Re: Turbo Mode
 

Can someone calculate the variance on this? It would be nice to know what bet size would offer a 1% chance of busto. What size would offer 5%. Etcetera. I'd love to clear this faster if I could do it without the risk getting too high (I'd probably lean toward the 1% risk myself).

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

EC, keep us up to date with your progress and method.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

Does anyone know how to calculate the HA for the upper/lower sidebet?

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

I'm giving it a shot. I've went through the 10 bet cycle twice (10.10 bets). My account is currently at 2098.
1,048.58 20,971.60 20,768.54 are my bonus amount, wagering level, and remaining, respectively. It doesn't say that I have Released anything yet though (that column is blank). How can I check if it is releasing properly?

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

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I'm giving it a shot. I've went through the 10 bet cycle twice (10.10 bets). My account is currently at 2098.
1,048.58 20,971.60 20,768.54 are my bonus amount, wagering level, and remaining, respectively. It doesn't say that I have Released anything yet though (that column is blank). How can I check if it is releasing properly?

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Yor WR remaining is $203.06 lower than your WR required. 20 spins at $10.10 each is $202. That extra $1.06 of clearance is odd, but it seems to be working right for you.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

I was trying out the card room for a bit. I'm still a bit confused. About how many cycles will it take to release $10?

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

[ QUOTE ]
I'm giving it a shot. I've went through the 10 bet cycle twice (10.10 bets). My account is currently at 2098.
1,048.58 20,971.60 20,768.54 are my bonus amount, wagering level, and remaining, respectively. It doesn't say that I have Released anything yet though (that column is blank). How can I check if it is releasing properly?

[/ QUOTE ]

I'm not sure if this is what you're looking for, but I believe it releases in one large chunk once you finish the wagering requirement. So, that column will remain blank until the end.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

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I was trying out the card room for a bit. I'm still a bit confused. About how many cycles will it take to release $10?

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I'm not sure, but I bet the T&Cs of the bonus will tell you.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

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forgive me....what does it mean when the word "BUMP" appears as or in a post?

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It means that someone is trying to bump the thread back up to the top of the forum without actually adding any new content. It's usually done to make sure everyone sees a thread that might otherwise fall off the first page.

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers b
 

Should one bet the even OR odd AND the upper OR lower to clear twice as fast?

Re: Easy bonus clearing with $540 EV at Mansion Keno (after Steelers bet)
 

Is the upper/lower house edge the exact same as the even/odd? That "p" for push is counted as a loss.

Upper/Lower has a lower ev--house wins ties
 

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Should one bet the even OR odd AND the upper OR lower to clear twice as fast?

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Do not use upper/lower because house wins ties. If it were a push that would help ev.

from their website:

"Upper / Lower - You can bet on whether more balls will be drawn in the Lower (1-40) or Upper (41-80) half of the table. Choose which one you would like to bet on and use the 'Side Bet Multiplier' to decide on your stake.

If the numbers drawn in the lower and upper halves of the game are equal, the house wins.

Your final stake for both side bets is calculated by multiplying the main Keno game stake by the side bet multiplier.

The payout for both side bets is 1.95 times the stake."