Take win or play for bonus? slots WR

[aussiecounter]

Hey guys,

I deposited into another casino to play for their 300% first deposit bonus.

I deposited $50, so I should have a $150 bonus on the way.

Now, I've played a bit of Blackjack to get my balance up, and its up to around $300, before I've got my bonus.

The WR is 20x (deposit+bonus), so its $4000. I might get another bonus for using Neteller or something as well, unsure.

As you could probably guess from the big % bonus, the WR is SLOTS ONLY.

So, my question for anyone with more slots experience than me is should I apply for the bonus and play it out on the slots, or should I take my money and run?
i.e. Should the $150 bonus be enough to play out $4000 WR on a slot?

[KenSmith]

Typical payout percentages for slots online run in the 96% to 97% range.

If the hold is 4%, then your expected loss on $4000 is $160, which is $10 more than the bonus. And of course, most sessions you'll lose more than the average, and occasionally you'll do very well to make up for it.

I'd probably bail out instead of getting the bonus.

[LeonShuffle]

Hey Aussie,

I would take the money you've got. I think the edge for most on-line slots would be approximately 5%. If that held exactly true, you'd lose about $200. And betting more than $1 per spin (which you'd most likely be doing) would make the up or down swing even bigger.

Continued luck with whichever you choose,

Leon

Edit - After I posted, I saw Ken agrees with me, so I'd definitely grab it while you can.

[aussiecounter]

Thanks guys.

I should have cashed out. I lost it all, down to $15.

Had a bit of a streak again, and its up to $100. I'll see how it goes.

[aussiecounter]

Argh!

I've got it up to $200 again.

I don't know what to do!

[aussiecounter]

Withdrawing at $195