Casino Classic bonus

[housenuts]

I got suckered into doing this bonus, and I also felt like gamboooling.

They give you $500 and you have 1 hour to make 100 bets. After the hour you get to keep whatever you have in excess of that $500 as a bonus up to a max of $200.
All the games the bet amount is fixed. I started with High Limit European Blackjack which has it fixed at $20. I got it up to $720 in about 50 bets, and then I finished off the rest of my 100 bets with $1 blackjack. I ended with about $710, so I got a bonus of $200.

To clear this bonus you have to wager it 30x. However only American Roulette, slots, and parlor games? count as 100% of wagering. Blackjack only counts as 10% of wagering so you'd have to wager $60,000 in blackjack to clear a $200 bonus. Casino War, European roulette, and Sicbo count as 50% of wagering.

So at 50% I'd have to wager $12,000. The house edge in Casino War is 2.4% according to wizardofodds. So if I wagered $12,000 my EV would be -$288.

You can't play with your bonus money. You have to deposit your own money. So I deposited $200 and am autoplaying $5 hands of Casino War.

How bad of a proposition is this? What is my risk of ruin assuming I don't redeposit?

[batmanoflove]

I guess you're asking this at a wrong timing.

[Pyro12345]

you are doing this casino all wrong, PM me for details

[elrudo]

On the site of poster aka23 you can find a way to beat this bonus as well.

[faststeady]

why post in riddles

[Folding Pete]

After the fact, you should research before you take on these bonuses.

You only needed to deposit $20 to get the $200 bonus after winning it on freeplay. Then you would be able to double up on one hand of Baccarat or French Roulette. If you win you are up $220ish if you lose you are down $20. If you win and you are adventurous you could try to double up again if not you could grind it out autoplay $1 on French Roulette (black or red) or just cash out your winnings.

As you have made a $200 deposit and don't want to suck it up for a double up with your $200 bonus then just autoplay French Roulette for $1 which has and EV of $38 if memory serves.

[housenuts]

i guess i majorly screwed this bonus up. here's what happened. i deposited $20 expecting to get the $200 bonus to play with. well i didn't immediately receive the bonus. i thought you weren't able to play with the bonus money and that you had to playthrough however much it was to unlock it.

after i lost the $20 quick, i just deposited $200 because I figured there'd be no way I'd lose that and it would have a large enough buffer to prevent any losses. well I lost all that too.

then i got discouraged. the other day i got an email from them saying my bonus was released. so i checked my account and it just means i was given the bonus. so now my account has $200 in it of bonus which i have to playthrough. all the playing i did before didn't even count!

i hate this casino. i am just going to play a couple large hands of baccarat. try to regain my losses at a minimum, and then see what happens. god dammit.

[housenuts]

hahaha. well as you can tell by the time difference of my post that was retarded.

i had $250 in my account because I cashed in VIP points for $50.

i played baccarat, bet on player every time and lost every single one in the following denominations.

$100, $100, $20, $20, $10 (tie), $10

busto

great bonus whoring. i lost $220.

[Jago]

that's because you're supposed to bet on banker.

[noggindrill]

lol