Properly Utilizing a Loss Rebate Program

[BlackjackFeign]

I have come across a casino that gives you a loss rebate per 24 hour period of 10% of your loss. You can also decide to take the loss rebate before the day is up, and then your 24 hours starts up anew again. I have heard different answers from seasoned players about this, but I'm not entirely sure how to best utilize this loss rebate program. Any advice, or anyone who has used a loss rebate programs before please share. If you'd like to email me instead of posting publicly please say so and I will give you my email.

Thank you

[refinery]

I have come across a casino that gives you a loss rebate per 24 hour period of 10% of your loss. You can also decide to take the loss rebate before the day is up, and then your 24 hours starts up anew again. I have heard different answers from seasoned players about this, but I'm not entirely sure how to best utilize this loss rebate program. Any advice, or anyone who has used a loss rebate programs before please share. If you'd like to email me instead of posting publicly please say so and I will give you my email.

Thank you

Did you check AP Heat? EJ wrote a lot about it.

[ZenMaster_Flash]

I am familiar with this particular rebate offer.
A unique part of this offer is that it applies to
high rollers only WITHOUT a minimum loss to
secure a rebate. The 'fly in the ointment" is
that the BJ has a $300 maximum bet and is a
C. S. M. game with excellent rules yielding an
otherwise very attractive House Edge.

[BlackjackFeign]

Did you check AP Heat? EJ wrote a lot about it.

I did, and I started hyperventilating and getting panic attacks like I was back in high school math class. I'm just gonna throw it out there, I was never a good math student. Funny, seeing as the profession I chose and all...

Can someone just give me the answers then who understands this stuff?

So if I have a $25,000 bankroll, and flat bet $300 and $300x2, or $500 and $500x2 what is my defined exit point each day, and when am I suppose to quit each day? Are the bets too high relative to my bankroll? I'm just genuinely confused.

[BlackjackFeign]

I guess this article is relevant for this: https://www.888casino.com/blog/casin...advantage-play

But what I still don't understand is how you end up with an advantage in this situation.

[Meistro123]

2 x 500 on a 25k bank? Are you insane? One 20 big bet downswing and your bank is crippled. I'm no expert on loss rebates but I don't think the goal is to actually lose your bankroll. With 25k bank $300 should be your max not your min.

[Marvin]

I have come across a casino that gives you a loss rebate per 24 hour period of 10% of your loss. You can also decide to take the loss rebate before the day is up, and then your 24 hours starts up anew again. I have heard different answers from seasoned players about this, but I'm not entirely sure how to best utilize this loss rebate program. Any advice, or anyone who has used a loss rebate programs before please share. If you'd like to email me instead of posting publicly please say so and I will give you my email.

Thank you

You can't receive private messages...
If this is something that's actually worthwhile then you shouldn't be discussing it openly on a public forum.

CVDATA can sim loss rebates.
In general, if you want to maximize the daily EV on this, the gain will be less than a percent over what the game normally returns (assuming the above mentioned good rules).
You can gain a more in edge by only betting once, but your EV will be limited.
If you email me the exact rules and conditions at [email protected] I can sim it for you.

Marv

[Red Green]

Don Johnson discussed this in some detail as I recall in a Gambling with an Edge episode. May be worth a listen if you’re interested.


Sent from my iPhone using Tapatalk

[BlackjackFeign]

If someone has information they would like to share or get more specific, please email me at [email protected]