rwbbj said:

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

This Info Looks like its straight from the Casinos them self... casino propaganda or wat?

rwbbj said:

The total wagering requirement is $200x25 = $5000. rwbbj

Most Casinos have Deposit + Bonus Multiplied by wagering Requirement.

so If 200 deposit and 200 Bonus multiplied by 25 wagering

400 X 25 = 10,000/-

BlackJack WR Game Percentage is Mostly 10%

so 10,000 WR becomes 10,000X10=100k and not 5k

rwbbj said:

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.rwbbj

BlackJack WR Game Percentage is Mostly 10%

Expected loss = ((Deposit + Bonus) x Wagering requirement x (100 / Game %)) x House edge.

The Blackjack has (House edge is 0.5% or 0.005), if you’ve received a 100% match bonus of $200

your expected loss is:

((200+200) x 25 x (100 / 10)) x 0.005 =500

so the expected loss is now $500.

rwbbj said:

This leaves $175 of the $200 bonus as cashable profit.rwbbj

Oooops

:whip: