Big bonus...Big risk??

[djbruxism]

so i've found a 100% $1000 sign up bonus for a casino, and you have to wager 20x$2000= $40,000 to cash it.

The only problem i can see with this is that the game allowed with the lowest house edge is casino war. The house advantage on casino war is between 2% and 2.5%.

if my maths is right then, you can expect to cash 2000-(40,000 x .025)=$1000. Damn. That means i can expect a profit of $0!!

any ideas on how we can turn this into a +EV casino bonus?

[I Like Pie]

It sounds like this bonus is just not worth doing.

[eeeee]

$1000 bonus sounds too good to be true anymore.
BUT, that being said, give us more info -- what room? If you know, what software? If you feel like posting it, terms & conditions?
I can help.

[djbruxism]

hey guys, just spilling the beans on where the $1000 deposit bonus is.

Here's the terms and conditions, let me all know what you think of it.

http://www.mansion.com/content/casino/casino.aspx?pg=pm

oh, and eeeee, i never did get an email from you about that 1 hour bonus thing. I'll PM you with a different email address now.

Peace out

[eeeee]

Oh, yeah. This is a good company. A bunch of folks went through this and made a gob playing even-bet Keno, but then the Keno even bet was removed.

Video Poker is the only reasonable EV game at their 80xB, and the paytable looks OK from where I sit. But, the WR is too high for manual play, so I cannot recommend it. If you still want to tackle it, multi-line, full coin version will give you the best odds and reduce your variance. Still, your hourly return will suck.

I looked at the table game offerings at 40xB. Nothing there, either. All the games are over 2% HA at 40xB, which is far worse than VP at 80xB.

There have been other strategies here, and Mansion has slowly sewed them up one at a time. How's the Poker bonus look?