Best strategy to turn $150 freeplay into ~$150 cash?

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June 14th, 2013 at 1:28:04 PM permalink
100xOdds
Member since: Feb 5, 2012
Threads: 219
Posts: 914
i got a mystery freeplay prize, minimum $50.

my plan was to put it all Banker in electronic Baccarat.
1 hand ending with either $0 or ~$100 then walk away.

well, to my surprise i got $150 freeplay. nice!
stuck w/the plan.. 1 hand of banker... LOST :(

but thinking back, i would have settled on just keeping the $150 instead of double or nothing, seeing as how my win expectation was only $100.
you cant bet both pass and dont pass in e-craps so no $75 pass/$75 dont.

what would be the best strategy to turn that $150 freeplay into ~$150 cash?
2 hands of e-bacarrat @$75 per hand?
Craps is paradise (Pair of dice)
June 14th, 2013 at 1:43:35 PM permalink
sabre
Member since: Aug 16, 2010
Threads: 0
Posts: 117
The best way to cash out as close to $150 as possible is to play many hands of the smallest denomination possible. So 600 hands of nickel video poker was probably the way to go.

If you're trying to maximize your expected return, then you want to play the game with the highest expectation. Possibly VBJ if it pays 3:2. Video baccarat may have been the choice if the VP paytables sucked.

If you want to maximize your earn per hour, then putting it all on one hand is the way to go.
June 14th, 2013 at 1:56:07 PM permalink
Venthus
Member since: Dec 10, 2012
Threads: 13
Posts: 531
I prefer eCraps, eRoulette (but almost no machines will accept FP on them) or VP.

As I recall, eCraps, you're looking at insurance of about 1.5%, eRoulette, 5.5% and VP is just VP. Irritatingly enough, I get so many natural 4 of a Kinds when playing nickel DW when trying to grind out my FP.
June 14th, 2013 at 2:41:48 PM permalink
aKaTIMSPEED
Member since: Jun 2, 2013
Threads: 3
Posts: 33
Get a friend...load up two machines, with $75 each (of the freeplay), then play do on one, and don't on the other...problem solved.
Welcome to the Republic of Nevada, where the 13th Amendment doesn't exist.
June 14th, 2013 at 2:47:12 PM permalink
Ibeatyouraces
Member since: Jan 12, 2010
Threads: 43
Posts: 5710
Quote: aKaTIMSPEED
Get a friend...load up two machines, with $75 each (of the freeplay), then play do on one, and don't on the other...problem solved.

Don't forget to hedge the 12 or you know what will happen. BTW, I would stick with VP unless its only a freebet on tables.
"Shut up Meg." Peter Griffin, Family Guy
June 14th, 2013 at 2:49:45 PM permalink
djatc
Member since: Jan 15, 2013
Threads: 54
Posts: 1741
I would stick with a low denom high returning VP machine. That's what I end up doing with freeplay.
https://www.youtube.com/watch?v=jxJHcwlBcmU
June 14th, 2013 at 2:55:25 PM permalink
24Bingo
Member since: Jul 4, 2012
Threads: 21
Posts: 1271
Quote: sabre
The best way to cash out as close to $150 as possible is to play many hands of the smallest denomination possible. So 600 hands of nickel video poker was probably the way to go.


I would say no. If the goal is to get as close to $150 as possible, playing video poker at 25¢ (assuming the royal pays fully at five credits, which on those machines it often doesn't) will have a variance of 1-2 "square dollars" per hand, about what VBJ would be at a dollar a hand, and considering VP by the variance is deceptive, since the distribution approaches the normal so slowly. I'd say VBJ is the way to go, for the smallest denomination allowable (you're not losing that much by giving up surrender). It'll probably pay 1:1, but even so, the edge will be better than most nickel VP. eCraps might be a good option, too - that usually has a pretty low minimum.

Then again, it sounds like the OP doesn't have the patience for that. I'd say it's what I'd do, but honestly, for $150, I wouldn't do it either. Probably what I'd do would be to bet it $5 or $10 at a time, and in that case e-baccarat would have a better edge than VBJ, certainly. Two bets of $75 is too few, though - a 1 in 4 chance of losing everything is pretty substantial.

(I have come full circle.)
You will never be able to explain to me why selective auditing is a "manufactured scandal" whereas closing a tollbooth is this generation's Iran-Contra.
June 14th, 2013 at 3:28:05 PM permalink
tringlomane
Member since: Aug 25, 2012
Threads: 2
Posts: 3737
For the Cosmo promo, I did 5-line penny poker (25c per round) on their 100-play machine. Surprisingly, they offer 7/5 Bonus (98.01%) for pennies with no min bet requirement. Took me about an hour to play through, and I did reasonably poorly, I got $89 out of $100 back. Video BJ would definitely have been faster with similar payback and probably lower variance, but I like video poker...lol

If you can find Video BJ at 25c a hand with ~okay rules (1:1 BJ, S17, DOA, split once, no DAS) (2.88% house edge), then you would win $145.68 back on average with a standard deviation of $6.675 per 600 hands. So roughly 95% of the time you would expect to be within 2SDs, so roughly 95% of the time you would fall between $132.33 and $159.02. Of course if time is valuable to you by any means, this method is bad since it would take at least an hour for many people.
June 14th, 2013 at 7:47:33 PM permalink
wanca
Member since: Jun 14, 2013
Threads: 0
Posts: 5
Quote: Venthus
I prefer eCraps, eRoulette (but almost no machines will accept FP on them) or VP.

As I recall, eCraps, you're looking at insurance of about 1.5%, eRoulette, 5.5% and VP is just VP. Irritatingly enough, I get so many natural 4 of a Kinds when playing nickel DW when trying to grind out my FP.


Last time I checked, most of the ECraps machines do not accept freeplay.
June 15th, 2013 at 12:15:16 AM permalink
100xOdds
Member since: Feb 5, 2012
Threads: 219
Posts: 914
Quote: wanca
Last time I checked, most of the ECraps machines do not accept freeplay.


the casino in md does.

and because it's in md, all the VP machines are basically slot machines. (results are predetermeined, no matter what cards you muck.)
thus not going to play vp for freeplay.

also, no video bj there.

so if the best strategy to pocket most of the $150 freeplay is to play many hands of the smallest denomination possible, then i guess either $5 banker @ bacarrat (30hands) or $5 dont pass/$30odds?
Craps is paradise (Pair of dice)
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