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Old 06-12-2007, 09:29 AM
Ray Of Light Ray Of Light is offline
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Join Date: Nov 2003
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Default Re: Virgin Casino - dumb noobie bonus question

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Their reloads suck? Have to wager deposit 35x before bonus is credit to account.

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Suck... how? In terms of return? In terms of time/effort?

£40 +ev return out of every £50 weekly reload bonus, doesn't suck... at least not to me.

Plus, when betting just a mere £1 ($2) on the ante (Texas Holdem Bonus) their weekly reload bonuses clear at a rate of approx £40 ($80) +ev per hour.

Personally, I bet a larger amount on the ante bet... this increases my variance; but it also increases my hourly return.

Plus there are other ways to increase your hourly return (and lower your effort expended). Just sit down and think it about...

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correct my sums if I am wrong, but £40 EV from a £50 bonus at 35x works out at a HA of 0.5%. Are you sure you have this EV?

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Yes... when playing Texas Holdem Bonus the house edge is 0.53% at its most optimal; although this house edge % is variable depending on your average total wager per round of betting. Essentially in laymans terms, the more aggressive you are 'postflop' in Texas Holdem Bonus, the lower the houses edge will be.

If however, you NEVER bet postflop in Texas Holdem Bonus (and simply checked it down every time), the house edge would be around 2%... (which is roughly the same house edge of three card poker). So it is important that you work out your postflop edges and take them when playing this casino game.

There is a more extensive explantion of the sums involved at www.wizardofodds.com
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