Of losing 100, 200 units of bank spreading 1-20 on a 6 deck 75% pen. Typical rules.
1-2 unit min at 0
2unit at 1
4unit at 2
8unit at 3
20unit at 4
What are my results within 1 SD?? How much risk do I reduce if I spread 1-15 instead, cap 15 at +4?
How much ev do I reduce??
Thanks in advance to the experts.
> Of losing 100, 200 units of bank spreading
> 1-20 on a 6 deck 75% pen. Typical rules.
> 1-2 unit min at 0
> 2unit at 1
> 4unit at 2
> 8unit at 3
> 20unit at 4
You aren't being realistic. ROR is 84% for 100 units and 71% for 200 units. You can't spread 1-20 and have 200 units of bank. It's certain suicide.
Don
Does that mean I have more chances of losing all my money than winning??
It can't be, since I'm counting maybe you mean I
have 84% chance of losing bank before doubling. but what is the result for spreading 1-20 on a typical 6deck game with my betting scheme???
Given that I will play 15hrs on this trip.
200 units is my trip bank. I like to have very high probability of a winning trip. I think I will need to play more hours. How many hours do I need to play to be up even if my results were negative 2SD.
>Given that I will play 15hrs on this trip.
It would have been helpful if you had mentioned that somewhere, don't you think? :-)
I think you'll still have about a 30% ROR, even for the 15-hour trip.
Don
To win $25,000 from net casinos weekly??
I am fairly new to the net casino arena.
JM said he got a check for $25m. I didn?t see a claim of $25m weekly. I won three VP jackpots online and received three prompt checks (better than I have ever done in a ?real? casino at VP,) in addition to dozens of smaller payments. And yes I am well ahead. But, there are also losses. What counts is the long run. I?Net casinos, with care, are profitable. But this is not a get rich quick method. The largest value, IMHO, of I?Net casinos is in building a bankroll for land casinos with proper care.
> To win $25,000 from net casinos weekly??
I'm afraid you've just lost my participation in this thread.
Nothing personal.
Don
> To win $25,000 from net casinos weekly??
What methods you use depend on the specific casino. Generally its blackjack, but the enormous power of variance reducing hedging strategies should be employed where possible.
In this case I received the offer below:
ClubFiore News Bulletin
Isle of Man, September 27, 2002
An Exclusive ClubFiore Bonus Offer Just For You.
Dear Mr. May:
To show you how much we appreciate your business, we are delighted to include you in an exclusive reward provided to a select number of our most valued customers.
We hope that you have enjoyed playing in the casino, and as a way of saying thank you, we have designed a bonus offer exclusive to ClubFiore players such as yourself.
Wait, there?s more. Receive a bonus on your next four deposits.
Deposit 1: Receive 20% Bonus
Deposit 2: Receive 10% Bonus
Deposit 3: Receive 10% Bonus
Deposit 4: Receive 10% Bonus
Remember that this is an exclusive reward given to you. It is not available to the general public.
Hurry into ClubFiore and enjoy the benefits of being a valued customer!
The following rules apply to this promotion:
1. Receive a 20% bonus on your next deposit.
2. Receive a 10% bonus on your subsequent three deposits.
3. Bonuses are credited after wagering twenty (20) times your deposit amount.
4. Players are eligible for bonuses of up to a maximum of $10,000.00 bonus.
5. We are offering this promotion exclusively to the recipient mentioned in this message. This offer is non-transferable.
6. We reserve the right to withdraw or modify this bonus offer at any time.
7. We reserve the right to withhold the bonus amount if the Company deems that the player has abused the promotion. We reserve the right to withhold the bonus amount with due cause for any reason whatsoever.
8. This offer expires November 15, 2002.
Click the logo to visit the Casino
With Best Regards,
David Hope Robertson
Director of Casino Operations
The bonuses collectively amount to $40,000, of which I collected $30,000. Club Fiore permit hedging strategies so while the action requirements are large, mostly the risk was cancelled out by bank and player bets at baccarat. Naturally, with what risk I did take on I ended up losing $5,000.
I'm talking about this a) because I'm never going to play Club Fiore again for non-gambling reasons b) the offer has expired and c) to settle the ridiculous notion that card counting is in the same league as this or other forms of advantage play. I'm a professional, it is my business to know these things, and I grow tired of hearing negativity from people with no expertise in this area.
Be sure to take note because as a general rule I never talk about a big score.
Note: Club Fiore are owned by the same group who operate the British Napoleons casino chain. The standard of regulation they have is superior to most Nevada casinos. I would not risk this much money or advise any ne to risk this much money on an offshore operation in general.
> The bonuses collectively amount to $40,000,
> of which I collected $30,000. Club Fiore
> permit hedging strategies so while the
> action requirements are large, mostly the
> risk was cancelled out by bank and player
> bets at baccarat. Naturally, with what risk
> I did take on I ended up losing $5,000
Club fiore let you get away with this?Dont online casino have a clause saying that if they suspect you of promotion abuse then they will not give you the bonus?
> To show you how much we appreciate your
> business, we are delighted to include you in
> an exclusive reward provided to a select
> number of our most valued customers.
> We hope that you have enjoyed playing in the
> casino, and as a way of saying thank you, we
> have designed a bonus offer exclusive to
> ClubFiore players such as yourself.
> Wait, there?s more. Receive a bonus on your
> next four deposits.
> Deposit 1: Receive 20% Bonus
> Deposit 2: Receive 10% Bonus
> Deposit 3: Receive 10% Bonus
> Deposit 4: Receive 10% Bonus
> Remember that this is an exclusive reward
> given to you. It is not available to the
> general public.
> Hurry into ClubFiore and enjoy the benefits
> of being a valued customer!
> The following rules apply to this promotion:
> 1. Receive a 20% bonus on your next deposit.
> 2. Receive a 10% bonus on your subsequent
> three deposits.
> 3. Bonuses are credited after wagering
> twenty (20) times your deposit amount.
> 4. Players are eligible for bonuses of up to
> a maximum of $10,000.00 bonus.
> 5. We are offering this promotion
> exclusively to the recipient mentioned in
> this message. This offer is
> non-transferable.
> 6. We reserve the right to withdraw or
> modify this bonus offer at any time.
> 7. We reserve the right to withhold the
> bonus amount if the Company deems that the
> player has abused the promotion. We reserve
> the right to withhold the bonus amount with
> due cause for any reason whatsoever.
> 8. This offer expires November 15, 2002.
> Click the logo to visit the Casino
> With Best Regards,
> David Hope Robertson
> Director of Casino Operations
> The bonuses collectively amount to $40,000,
> of which I collected $30,000. Club Fiore
> permit hedging strategies so while the
> action requirements are large, mostly the
> risk was cancelled out by bank and player
> bets at baccarat. Naturally, with what risk
> I did take on I ended up losing $5,000.
> I'm talking about this a) because I'm never
> going to play Club Fiore again for
> non-gambling reasons b) the offer has
> expired and c) to settle the ridiculous
> notion that card counting is in the same
> league as this or other forms of advantage
> play. I'm a professional, it is my business
> to know these things, and I grow tired of
> hearing negativity from people with no
> expertise in this area.
> Be sure to take note because as a general
> rule I never talk about a big score.
> Note: Club Fiore are owned by the same group
> who operate the British Napoleons casino
> chain. The standard of regulation they have
> is superior to most Nevada casinos. I would
> not risk this much money or advise any ne to
> risk this much money on an offshore
> operation in general.
so this means you deposited 350,000? to get the 40,000 amount of bonuses.and had to wager 350,000X20=7,000,000.
for the 2nd bonus you would have to deposit 100,000 and wager it X20= 2,000,000.Hedge betting on baccarat you will lose at least 1% of total wagers.(because of banker 5% commission,maybe you would lose more than 1%)2,000,000X.01 = 20,000.so at the end you would have 80,000 in your account then get 10,000 bonus added for a loss of 10,000 overall.
Same for 3rd and 4th bonus,for the 1st bonus you would be just even.
There is no way you could have made money on this by hedging as wagering reqs are too high.
> Club fiore let you get away with this?Dont
> online casino have a clause saying that if
> they suspect you of promotion abuse then
> they will not give you the bonus?
They do, but such clauses are not usually enforced unless the abuse is very blatant. In general I've found clauses to be enforced when players do not meet wagering requirements with cynical malice of forethought, which is cheating in my opinion and something I do not do.
I suspect he has some cunning camoflage techniques for online casinos. Otherwise this wouldn't be possible or extremely risky for the ordinary bonus hustler.
I wouldn't recommend you doing this Bob, even if the edge was so big, think about the risk.
Kelly = ev/V.A.R
What can you bet with your B.R?? Hey that rhymes!
> so this means you deposited 350,000? to get
> the 40,000 amount of bonuses.and had to
> wager 350,000X20=7,000,000.
> for the 2nd bonus you would have to deposit
> 100,000 and wager it X20= 2,000,000.Hedge
> betting on baccarat you will lose at least
> 1% of total wagers.(because of banker 5%
> commission,maybe you would lose more than
> 1%)2,000,000X.01 = 20,000.so at the end you
> would have 80,000 in your account then get
> 10,000 bonus added for a loss of 10,000
> overall.
> Same for 3rd and 4th bonus,for the 1st bonus
> you would be just even.
> There is no way you could have made money on
> this by hedging as wagering reqs are too
> high.
It was rather more complicated than that. I took on some risk remember? Also, all online casinos do cashback in addition to bonuses.
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