"Bonus Strategy" Youtube tutorial clip...

[rwbbj]

http://www.youtube.com/watch?v=oVKlXQQf3Ig

I don't know how to post .flv clip's so I posted the link instead.
Is this the long and short of how the "Bonus Strategy" system works?

As 'zg' mentioned in the other Thread, Do you just play the "Basic Strategy" until you've reached the "cash out" OR "minimum play requirement"? And that's basically it?

Thanks,
rwbbj

[rwbbj]

Originally Posted by rwbbj

http://www.youtube.com/watch?v=oVKlXQQf3Ig

I don't know how to post .flv clip's so I posted the link instead.
Is this the long and short of how the "Bonus Strategy" system works?

As 'zg' mentioned in the other Thread, Do you just play the "Basic Strategy" until you've reached the "cash out" OR "minimum play requirement"? And that's basically it?

Thanks,
rwbbj

The simplest is a cashable bonus with a wagering requirement. For example, a casino might offer a $200 sign-up bonus with a 25x bonus wagering requirement. The total wagering requirement is $200x25 = $5000. This $5000 wagering requirement can be done in 5000 $1 bets, 500 $10 bets, 50 $100 bets, or any other combination. A player is expected to lose an average of ~0.5% of their wager playing blackjack, so expected loss over the $5000 wagering is $5000x0.5% = $25. This leaves $175 of the $200 bonus as cashable profit.

I came across this info on another site in which someone here had kindly posted the link on another thread of mine. So looks like I'm answering my own question this time, I guess that means I'm starting to make some positive headway!

rwbbj

[zengrifter]

Originally Posted by rwbbj

The simplest is a cashable bonus with a wagering requirement. For example, a casino might offer a $200 sign-up bonus with a 25x bonus wagering requirement. The total wagering requirement is $200x25 = $5000. This $5000 wagering requirement can be done in 5000 $1 bets, 500 $10 bets, 50 $100 bets, or any other combination. A player is expected to lose an average of ~0.5% of their wager playing blackjack, so expected loss over the $5000 wagering is $5000x0.5% = $25. This leaves $175 of the $200 bonus as cashable profit.

Yes, that is the basics of e-casino bonus hustling. This is or was the primary way that e-casinos were scientifically beaten. Not clear if this still works with the reputable casinos that you will need to cash out from. zg

[rwbbj]

Originally Posted by zengrifter

Yes, that is the basics of e-casino bonus hustling. This is or was the primary way that e-casinos were scientifically beaten. Not clear if this still works with the reputable casinos that you will need to cash out from. zg

Thank you ~zg~
After doing further research it seems you may need to have quite the B.R to start off with considering the amount of bets you have to make?!?

If I deposit $100 bucks and get a 100% Bonus return they are asking that I play a minimum of my total Balance x 20(times twenty). Which would be 4000 hands @ $1.00 a dollar a hand, using basic strategy!

THAT seems to be somewhat RISKY on my end unless Im an EXCELLENT seasoned BJ player...or maybe I'm wrong? I haven't tried calculating anything yet with with "Fun Money" to see how everything would "AVERAGE OUT"? Possibly I need to have more money in my account to make it possible to make ANY money without having a HUGE risk factor(with a next to PERFECT overall playing strategy), with the expectation that I play with a 25% overall-(maximum)-loss. Leaving me with the remainder to collect.

I wanted to start out SMALL and get the feel for things before I started doing this with larger deposits and bonus returns. So I thought I would start with around $100 and get 100 credits giving me a balance of $200 overall, but I have NO CLUE if this small amount is going to cut it or not? Hmmm.....

[zengrifter]

Originally Posted by rwbbj

If I deposit $100 bucks and get a 100% Bonus return they are asking that I play a minimum of my total Balance x 20(times twenty). Which would be 4000 hands @ $1.00 a dollar a hand, using basic strategy!

4000 x $1 does NOT require much BR.
How much, anyone? zg

[Maestro]

In Snyders book, HOW TO BEAT INTERNET CASINOS & POKER ROOMS (2006), he recommends a br of as little as $500 but $1000 would be better.

[zengrifter]

Originally Posted by Maestro

In Snyders book, HOW TO BEAT INTERNET CASINOS & POKER ROOMS (2006), he recommends a br of as little as $500 but $1000 would be better.

What are the chances of tapping out $200 at $1 x 4000?
Also, RWBBJ, can you bet 50cents minimum? zg

[rwbbj]

Originally Posted by zengrifter

What are the chances of tapping out $200 at $1 x 4000?
Also, RWBBJ, can you bet 50cents minimum? zg

I'm still in the process of finding the appropriate place for me to start. There are SO MANY different sites I want to make sure that I invest/submit/or transfer any funds somewhere where I feel confident there will be minimal to no problems! (who doesn't)

For the site I made reference to regarding the $100.00 investment giving me a total of $200.00 (with bonuses) with a required minimum wagering of 20x my starting total being ($200.00) only allows bet increments starting at $1.00 then going to $5.00 next and so on.... as for.50cents, unfortunately not!

BUT...I have heard of bet sites as low as 0.01 (penny) today in another post I made but I have yet to follow through and see if they provide bonuses or what the URL is for that matter. I'm pretty sure I would be able to find a site that has 0.50cent bets, but I don't know if the bonus structure will be the same? I will check and see if there are any and let you know what I come up with.

[rwbbj]

Originally Posted by zengrifter

What are the chances of tapping out $200 at $1 x 4000? zg

I'm not exactly sure what your saying in this particular question? I'm not familiar with the term 'tapping out' - this is embarrassing - Does it imply 'shelling out' money?

[Maestro]

Originally Posted by rwbbj

I'm not exactly what you mean in this particular question? I'm not familiar with the term 'tapping out' - this is embarrassing - Does it imply 'shelling out' money?

Zg means risk of ruin or odds of losing it all.