deleted bc i'm dumb
Yeah, it is optimal to go all in on baccarat and then clear the bonus if you win, assuming this does not break T&C.
First of all, your expected loss foe $100,000 of action is $100,000 * 0.4% or $400. So yes, you would have an expected win of $600.
But if you double it first, assuming it is a 100% match bonus, you have $4000 in funds now with an expected loss of $400 so $3600 or $2600 expected profit.
SO 50% chance you make $2600 and 50% chance you lose $1000.
This is because you are risking the bonus funds before they are reduced by the house edge.
Betting $140 / hand does somewhat the same thing, only less cleanly.
Please review the terms and conditions of your bonus carefully, because often bet sizes are restricted.
Thank you for answering. That's very interesting; something i never would've figured out myself, that's for sure. So the bonuses are now worth 800 each instead of 600. The only problem with this method is that it takes such a long time to complete if i go back to my normal 35/hand bet after doubling that it's almost not worth it. Do you have any advice on what to do after doubling up on first hand on baccarat?
I guess you can't go all in on BJ first hand bc of the potential split/double. Do you know how the exact amount of $140/hand was computed, or it's just that it's a large enough amount that it will reduce the HE on the bonus funds? I've tried it six times and lost every time pretty quickly, but i understand the ROR with a bet size like that has to be astronomical.
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