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  #11  
Old 06-12-2007, 09:03 AM
shabun shabun is offline
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Join Date: Apr 2006
Posts: 136
Default Re: Virgin Casino - dumb noobie bonus question

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

[/ QUOTE ]

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...

[/ QUOTE ]

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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  #12  
Old 06-12-2007, 09:29 AM
Ray Of Light Ray Of Light is offline
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Join Date: Nov 2003
Location: Where the Sun Shines...
Posts: 313
Default Re: Virgin Casino - dumb noobie bonus question

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

[/ QUOTE ]

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...

[/ QUOTE ]

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?

[/ QUOTE ]

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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  #13  
Old 06-12-2007, 10:43 AM
Wadofella Wadofella is offline
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Join Date: Aug 2006
Posts: 39
Default Re: Virgin Casino - dumb noobie bonus question

<i>First of all, make sure you sign up through a referal cashback link... when I first opened an account here I signed up through quidco.com and got £50 cashback (this cashback has nothing to do with the bonus, it is simply a nice sum that is given to you simply for having opened an account at the casino).

I don't think quidco still offer it, but you can check around. If you are really stuck trying to find a cashback website, sign up through their 'refer a friend' offer instead. You get £25 extra that way (but its a £25 bonus rather than a 'hassle-free' cashback).</i>

Actually at Virgin Casino it's entirely possible to get the £25 R-A-F AND cashback via a Quidco-style site. I know 'cos I've done it (both as referrer & referree). It's the only Casino I know of where you can do this.
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  #14  
Old 06-12-2007, 06:06 PM
shabun shabun is offline
Senior Member
 
Join Date: Apr 2006
Posts: 136
Default Re: Virgin Casino - dumb noobie bonus question

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

[/ QUOTE ]

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...

[/ QUOTE ]

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?

[/ QUOTE ]

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

[/ QUOTE ]

Thanks.
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