Casino Bonus Idea

[Obliky]

Hi Guys,

not sure if this post is obvious to you guys or not..i also could be completely off the mark here [img]/images/graemlins/smile.gif[/img]

Ok.. so im doing the $100 bonus playing BJ at Starluck casino. Using the strategy sheet i have, my ROI per hand is ~ 99.4% and i have to wager $1600 before i cash out.

Therefore if i wager $2 per hand i have to play 800 hands, giving me a final total of:

(2 * ((100 - 99.4) / 100)) * 800 = $9.6 loss over the 800 hands

So as the bonus is deposit $100 and get $100 free i end up with 200 - 9.6 = $190.40 on average.

Thats all fair enough.. but now here is the idea. If i now take that ~$190 and stick it on a bet of ~50/50, say red or black in roulette i get the following:

EV is:

(($190 * 2) * ~0.5) - ($100 * ~0.5) = + $140

Edit: Just thought i should clarify where the $100 is from. This is the original $100 invested at the start..

So surely this is a bet worth taking? Or am i missing something obvious?

Help would be appreciated as im new to casino whoring!

Thanks

Obliky