casino whoring question from a n00b

[ShakeZula06]

I'm thinking about getting into casino whoring and was wondering a few things.

Looking at Casino Dave's website I see the first casino for cashable blackjack bonus on the list is Starluck, $100 deposit, $100 bonus, $1,600 wagered.

What is the normal wagers that people make on these? I figured I'd just bet $1 to have a low RoR but 1600 wagers seems like an awful lot.

So what is your normal wager? What has been your approximate hourly rate? how much variance is usually involved?

Thanks a lot for any help,
Ben

[skierdude1000]

If you're starting, do $1 best. I've done like 5 casinos now with minimum wagers and my hourly rate is like $25-30 and VERY little variance.

If you wanna make money at this, you need discipline and patient.

I do about 400 hands per hour, so 1600 took me 4 hours.

[ATB13]

zzzzzzzzzzzzzz.......flat betting $1 will get boring. Get your gamble on! How about flat betting $4? You get it done 4x as fast with the same EV...(actually slightly higher I think).

[Homer]

[ QUOTE ]
I'm thinking about getting into casino whoring and was wondering a few things.

Looking at Casino Dave's website I see the first casino for cashable blackjack bonus on the list is Starluck, $100 deposit, $100 bonus, $1,600 wagered.

What is the normal wagers that people make on these? I figured I'd just bet $1 to have a low RoR but 1600 wagers seems like an awful lot.

So what is your normal wager? What has been your approximate hourly rate? how much variance is usually involved?

Thanks a lot for any help,
Ben

[/ QUOTE ]

Standard Deviation is 1.15*(bet size)*sqrt(#hands). For example, if you bet $5/hand, SD = 1.15*5*sqrt(1600/5) = $103. What this means is you'd have to run about 1 SD below EV to lose money, which is about a 1-in-6 shot. In other words, with a $5 bet size, you have a 5/6 chance of making money. As far as ROR is concerned, I'd have to dig out my formulas. They are in the archives, though.

[ShakeZula06]

[ QUOTE ]
If you're starting, do $1 best. I've done like 5 casinos now with minimum wagers and my hourly rate is like $25-30 and VERY little variance.

If you wanna make money at this, you need discipline and patient.

I do about 400 hands per hour, so 1600 took me 4 hours.

[/ QUOTE ]

Interesting, also another thing i was thinking about is mutlitabling or playing two sites at the same time. Is the software slow enough to make this a good idea? Anyone try it?

[Homer]

[ QUOTE ]
[ QUOTE ]
If you're starting, do $1 best. I've done like 5 casinos now with minimum wagers and my hourly rate is like $25-30 and VERY little variance.

If you wanna make money at this, you need discipline and patient.

I do about 400 hands per hour, so 1600 took me 4 hours.

[/ QUOTE ]

Interesting, also another thing i was thinking about is mutlitabling or playing two sites at the same time. Is the software slow enough to make this a good idea? Anyone try it?

[/ QUOTE ]

No, there is no multitabling when it comes to casino whoring.

[Ken_AA]

[ QUOTE ]
[ QUOTE ]
If you're starting, do $1 best. I've done like 5 casinos now with minimum wagers and my hourly rate is like $25-30 and VERY little variance.

If you wanna make money at this, you need discipline and patient.

I do about 400 hands per hour, so 1600 took me 4 hours.

[/ QUOTE ]

Interesting, also another thing i was thinking about is mutlitabling or playing two sites at the same time. Is the software slow enough to make this a good idea? Anyone try it?

[/ QUOTE ]

haha, why dont you jsut try one and find out for yourself.

Ken

[Ad Alta]

How large you bet when clearing this bonus should depend on your bankroll. If you only have ~500 or something, bet a buck or two. If you have 10k, feel free to bet $25 or $50/hand.

[ShakeZula06]

That seems a little to conservative. When I was playing on starluck I got up to about $8 or so betting a $1, so I started betting $2 with the stipulation that if I dropped back to even I'd go back to $1. Once I got u to about +$24, I started betting $3 a hand and so on. Luckily I hit a nice rush and at one point was up $120. The concept is that I can clear my bonus much faster this way and keep m RoR fairly low since even if I drop all the way to even (not including bonus) I can just go back to betting $1.

Thoughts on this strategy?

[jba]

"So what is your normal wager? What has been your approximate hourly rate? how much variance is usually involved?"

$25/hand usually, sometimes up to 50 or 100. ~190/hr. I have BUSTOD a little over 50% of the time.