OzzyOsbourne
OzzyOsbourne
Joined: Jul 10, 2012
  • Threads: 17
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December 18th, 2014 at 11:30:24 PM permalink
so Bovada has a $3,000 sign up bonus. They also charge a 4.9% credit card fee if I'm not mistaken (I haven't deposited yet).

rules

"The chip purchase plus bonus amount is subject to a 40X rollover requirement in the casino before the chip purchase, bonus amount and any winnings can be withdrawn."

"Any play in Single Deck Blackjack, Double Deck Blackjack, Baccarat, Sic Bo, Craps, Roulette and Mini Blackjack and Mini Roulette in our Sportsbook and Racebook does not count towards meeting rollover requirements for withdrawal."



Bovada has a .56% house edge 6 deck game, so if you put on 1000 dollars and paid 49 bucks in credit card fees, played 40k through the game you would expect to lose 212 dollars, plus the 49 in fees for an expected loss of 261 to get the 1000 bucks. Is there some fine print somewhere where they would stop this from working?

You could also do 9/6 JoB for an expected loss 233, but your risk of ruin would be higher. Does anyone know of a better way to play it, or know of anyone who has done this?

Thanks!
casino's money disappears the execs worry when the wizard is near He turns tears into joy Everyone's happy when the wizard walks by
AxelWolf
AxelWolf
Joined: Oct 10, 2012
  • Threads: 114
  • Posts: 12545
December 18th, 2014 at 11:58:26 PM permalink
Quote: OzzyOsbourne

so Bovada has a $3,000 sign up bonus. They also charge a 4.9% credit card fee if I'm not mistaken (I haven't deposited yet).

rules

"The chip purchase plus bonus amount is subject to a 40X rollover requirement in the casino before the chip purchase, bonus amount and any winnings can be withdrawn."

"Any play in Single Deck Blackjack, Double Deck Blackjack, Baccarat, Sic Bo, Craps, Roulette and Mini Blackjack and Mini Roulette in our Sportsbook and Racebook does not count towards meeting rollover requirements for withdrawal."



Bovada has a .56% house edge 6 deck game, so if you put on 1000 dollars and paid 49 bucks in credit card fees, played 40k through the game you would expect to lose 212 dollars, plus the 49 in fees for an expected loss of 261 to get the 1000 bucks. Is there some fine print somewhere where they would stop this from working?

You could also do 9/6 JoB for an expected loss 233, but your risk of ruin would be higher. Does anyone know of a better way to play it, or know of anyone who has done this?

Thanks!

I'm not 100% sure the exact rules for the New players bonus. But be careful because many promotions exclude Single and Double deck


This promotion is over, however heres an example.


Blackjack Sundays ("Promotion") runs every Sunday between 00:00:01 AM ET and 11:59:59 PM ET ("Promotional Day"). This promotion will end on October 6, 2013 at 11:59:59 PM ET.

$21 Cash Bonus

To qualify for the $21 Cash Bonus Blackjack players need to hit at least one Blackjack hand with a minimum bet of $5 per hand during the promotional day.
Blackjack is defined as a combination of any ace card plus one face card (ten, jack, queen, king) dealt in the player’s first two cards. Single Deck and Double Deck Blackjack are excluded from the Promotion.]
Maximum total amount of Cash Bonus credited per player per Sunday is $21.
Players' $21 Cash Bonus will be credited directly to the qualifying players' account as e-Cash within 48 hours after the end of each Sunday within the promotional period.
The Cash Bonus has a 20X rollover requirement on casino games and any play in Single Deck and Double Deck Blackjack, Baccarat, Sic Bo, Craps, and Roulette does not count toward meeting rollover requirements for withdrawal.]
$2,100 Weekly Prize

To qualify to receive an entry to the weekly prize draw you must hit a Blackjack with a minimum bet of $5 per hand during the promotional day.
There is no limit of entries a player can receive.
The winner of the draw will be notified by phone within 48 hours of the time the promotional day has ended.
The winner of the weekly prize will be offered $2,100 in Cash with no rollover restrictions attached.
The weekly prize is non-transferable.
By accepting the weekly prize, the winner agrees to have their name published on www.bovada.lv, and to carry out any reasonable publicity requests of www.bovada.lv, in connection with the winning of the weekly prize.
General Terms and Conditions

The general rules and policies of www.bovada.lv found here shall also apply to this Promotion.
www.bovada.lv has the right to cancel or withdraw the Promotion or change any of its terms at any time and without cause or notice.
If you have any questions regarding the Promotion, please contact casino@bovada.lv.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
teddys
teddys
Joined: Nov 14, 2009
  • Threads: 150
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December 19th, 2014 at 10:47:38 PM permalink
First $1000 in deposits is no fee.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
AxelWolf
AxelWolf
Joined: Oct 10, 2012
  • Threads: 114
  • Posts: 12545
December 20th, 2014 at 12:01:08 AM permalink
Quote: teddys

First $1000 in deposits is no fee.

From BV however you can be charged by the CC company for international transactions.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
SOOPOO
SOOPOO
Joined: Aug 8, 2010
  • Threads: 89
  • Posts: 3921
December 20th, 2014 at 4:47:43 AM permalink
Quote: AxelWolf

From BV however you can be charged by the CC company for international transactions.



There are a gazillion credit cards that do not charge fees for international transactions. For those of us who periodically go to Canada it is wise to have at least one.
24Bingo
24Bingo
Joined: Jul 4, 2012
  • Threads: 23
  • Posts: 1347
December 24th, 2014 at 8:09:56 PM permalink
Quote: AxelWolf

I'm not 100% sure the exact rules for the New players bonus. But be careful because many promotions exclude Single and Double deck



He already knows this. He mentions it in the fourth paragraph.
The trick to poker is learning not to beat yourself up for your mistakes too much, and certainly not too little, but just the right amount.
Boney526
Boney526
Joined: Sep 25, 2011
  • Threads: 8
  • Posts: 366
December 24th, 2014 at 8:53:14 PM permalink
It's easy to crush Bovada's bonuses. I'm not going to spell it out for, but I'll give you a clue.

High RoR is your friend in this case. The more variance you can take, the better. I'd ask "DUCY?" but I don't really care that much, and I'm giving you a little to work with.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
  • Threads: 114
  • Posts: 12545
December 25th, 2014 at 1:07:15 AM permalink
Quote: 24Bingo

He already knows this. He mentions it in the fourth paragraph.

Ahh yes I missed that.

E
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪

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