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#1
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new on casino whoring, advise will be much appreciated
hi all i played poker for a while now and it makes a long time is see all of you speaking about casino whoring
i look on the forum and other place and tried to understand the best way to be "the less in position of loosing against the casino" http://wizardofodds.com/blackjack i followed the table advise do you think using this method is enough in order not to lose money? is there a game which is better for me to play against casino than blackjack? i test this method on blackjack in free money game but the result are i guess not very realistic on 200 hands i would be glad if the Noob i am can be help by some of you |
#2
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Re: new on casino whoring, advise will be much appreciated
i'm guessing there would be a lot of people writing replies right now, but i'll also join in.
there's several types of bonuses so you should know which ones they are: casabhel, Sticky1,sticky2. cashable bonuses are the ones you want to start off with, as you will be able to cash out the bonus when you are done completeing their bonus wagering requirements. as for stickies, don't bother with them yet but just note that they are bonuses that can't be cashed out. so that much money HAS to stay in your account whenever you cash out. secondly moving on to wagering requirements, you should always check their websites and their terms&conditions to know that blackjack is allowed for completing the bonus requirements. most bonuses will look something like this: 25xB, or 10x(D+B). 25xB simply means you have to wager a total of 25 times the bonus amount. for example if you get a deposit bonus of 100% up to a $100. then you'd deposit $100, get $100 bonus, and you'll have to wager a total of $2500. 10x(D+B) would mean you have to wager 10 times the combined amount of deposit plus bonus. so forexample: if you get a 50% upto 100 bonus, then when you deposit $200, you will get $100 as bonus, and you will have to wager a total of $3000 = 10 x (200+100) most sites give you the bonus beforehand so u can use it to wager, but some sites only give you the bonus after you complete the requirements. for most bonuses, blackjack will be allowed, but some sites might offer blackjack surrender which has lower house advantage (and chart for that can be found in wizard of odds as well). you might also wanna consider Pontoon, which is similar to blackjack, but with lower house advantage but higher variance. some sites you should start off with: Planetluck 8x(D+B) Starluck 8x(D+B) 888/Casino-on-net Intercasino Golden Palace casino Online Casino Bet365 casino Betsson casino Eurobet casino BestPoker casino |
#3
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Re: new on casino whoring, advise will be much appreciated
also, usually betting 1~3 dollars will be a good idea, and don't raise your betsize (like me, while tilting, and losing), as it is the quickest way to losing (like me).
just bet small amounts till you clear your bonus. betting larger does have higher EV but will increase your chances of busting. so unless you have a sufficient bankroll to accomodate the busting situation, don't bet large. 1~3$ will be enough. hopefully you will reach a profit level of 30$/hour but that really depends sort of on how your luck turns out, how fast the software you are using is, and stuff like that some one else please post the wagering reuirements for the sites i mentioned above? as i can't remember them 100% and they might have changed |
#4
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Re: new on casino whoring, advise will be much appreciated
"hopefully you will reach a profit level of 30$/hour
but that really depends sort of on how your luck turns out, how fast the software you are using is, and stuff like that" nice posts in this thread just want to clarify something. increasing your bet size has a miniscule effect on your overall EV (does increase it).. however it has a significant effect on your overall risk of ruin (BUSTO), and a significant effect on your hourly earn. A bonus with an hourly earn of $30/hr making $1 flat bets becomes $300/hr making $10 flat bets, but your risk of busto goes from practically nil to significant. in other words if you can sport the bankroll you're much better off betting bigger. |
#5
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Re: new on casino whoring, advise will be much appreciated
ummm, how can betting higher have more EV at blackjack (unless you are counting, which i'm just assuming you can't do at these sites -- I'm assuming they shuffle each hand).
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#6
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Re: new on casino whoring, advise will be much appreciated
You are right. you can't increase your EV, only your variance, by increasing the size of your bet.
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#7
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Re: new on casino whoring, advise will be much appreciated
you can, supposedly, hopefully some maths experts will come to explain.
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#8
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Re: new on casino whoring, advise will be much appreciated
[ QUOTE ]
You are right. you can't increase your EV, only your variance, by increasing the size of your bet. [/ QUOTE ] No, you are wrong. You can increase your Effective EV by betting larger amounts in a fixed wager game with a target WR like cashable blackjack bonuses. Ed Miller has written about it, and anyone who has taken a reasonably high level math course could tell you this is the case. Pascal did plenty of studies on it. |
#9
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Re: new on casino whoring, advise will be much appreciated
bet the minimum bet if you're afraid to lose money
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#10
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Re: new on casino whoring, advise will be much appreciated
Also, keep in mind that your hourly rate is not especially relevant (unless you have another source of income that's in the $40-$200/hr range).
The reason is that there's only so many of these bonuses so you won't make 5 times as much by increasing your bet size, you'll just make the limited $$ available 5 times faster. |
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