ChumpChange
ChumpChange
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April 9th, 2023 at 3:04:02 PM permalink
I tried to search for what I know MDawg has posted about loss rebates he tries for, but out of hundreds of pages I can't cite specific information yet. Some results point to one of his dead threads.

So I was playing BJ on my Roku last night for the first time in quite awhile because I was on a severe losing streak when I left it last, dropping from $100K to just under $50K. So I started last night with $48.5K and ended with $30K after 1154 hands. So that's quite a long double session, I lost nearly 65 bets supposedly. My session bet was $620K, so my average bet, if anybody was counting which I doubt they would, was $537. My loss was $18.5K.

$620K x 0.5% = $3,100 for the HA.
If I get 1/3rd of the HA back, that'd be about a $1,000 rebate.

If I played at a full table for 23 hours at 50 hands an hour and my average bet was $537, that'd be 5.75 x 4 hour sessions or 5.75 x $537 = $3,087.75 in comps.

If I got a straight 10% loss on the $18.5K, that'd be a $1,850 loss rebate.

So that's 3 different ways to calculate the loss rebate. But none of it matters because I'd be rated different at the start of each 4 hour session by the pit.
tuttigym
tuttigym
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April 10th, 2023 at 12:29:34 PM permalink
Quote: ChumpChange

I tried to search for what I know MDawg has posted about loss rebates he tries for, but out of hundreds of pages I can't cite specific information yet. Some results point to one of his dead threads.

So I was playing BJ on my Roku last night for the first time in quite awhile because I was on a severe losing streak when I left it last, dropping from $100K to just under $50K. So I started last night with $48.5K and ended with $30K after 1154 hands. So that's quite a long double session, I lost nearly 65 bets supposedly. My session bet was $620K, so my average bet, if anybody was counting which I doubt they would, was $537. My loss was $18.5K.

$620K x 0.5% = $3,100 for the HA.
If I get 1/3rd of the HA back, that'd be about a $1,000 rebate.

If I played at a full table for 23 hours at 50 hands an hour and my average bet was $537, that'd be 5.75 x 4 hour sessions or 5.75 x $537 = $3,087.75 in comps.

If I got a straight 10% loss on the $18.5K, that'd be a $1,850 loss rebate.

So that's 3 different ways to calculate the loss rebate. But none of it matters because I'd be rated different at the start of each 4 hour session by the pit.
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How does one play BJ on a Roku, and are there any other casino games available; are they free?

tuttigym
ChumpChange
ChumpChange
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tuttigym
April 10th, 2023 at 2:17:18 PM permalink
You have to add the Blackjack channel, there's also a Video Poker channel that has 5 different games. I've played for free so far. I use the Roku remote to select betting chips and hit, stand, double down, and split actions. I put rechargeable AA batteries in my Roku remote because playing 10 hands a minute can run out the batteries in a few hours. There is a problem that I can't abide by with this BJ game, it's that the table limits change as my bankroll gets bigger. It might be a $5 minimum below $2,000, a $25 minimum between $2,000 and $5,000 with a $2,000 maximum bet, and a $100 minimum at and above $5,000 with a $5,000 maximum bet. Also the rules are kind of tight compared to regular rules I would expect. No surrender, no resplitting of Aces, no double down on a split hand, but I can resplit to 4 hands.

If I hit the asterisk on the remote, it will give me the stats chart I've been quoting. I'm down about $26.5K after 36,182 hands with about $8.75 million in total bets and I have a bankroll of $5.5K now, or 64 days of $500 buy-ins. I can start a game with $500 each day for free if I went broke the previous day. It's been awhile but I think it adds $500 to my balance for each new day I log-in and play the game. Of course with minimum bets of $100, it won't go far. So I got from $500 to $100K, then back down to $5K. I would most expect to get from $500 to $10K or better, but how many buy-ins will I need to do that? It seems I get ahead by a lot, then I start losing 5-10 hands in a row several times in a row and then I'm back down to where I started or worse. When I'm forced to play a $100 minimum table, I've got to try to run $5K into $50K, but I was starting at $10K instead of $5K because it's easier to keep track of on the scoreboard. So I lost 10X $10K buy-ins, or 350 hands, like an avalanche going down a hill.

I would expect actual table games to be better to me because I'm always suspicious of these electronic games being rigged somehow. The electronic games have to maintain their loss edge by making me lose more hands than necessary. A real shoe game wouldn't do that, would it? I don't know, I haven't played BJ in a casino enough to find out under these conditions. I'm hoping for some beginner's luck at the tables that can take me high, like say to $10K, then keep winning $10K sessions before I run out of $1K buy-ins. There's only $1K - $3K max tables in my area.

Ahh yes, it is possible to purchase tokens on this Roku BJ game: 500 for $0.99; 1,000 for $1.99; 2,000 for $2.99; 5,000 for $3.99; and 10,000 for $4.99. So buying 100,000 would cost $49.90.

Loss rebates:
If I take that $8.75 million in total bets and multiply by 0.5% to get $43,750 then multiply that by 1/3rd, I'd get $14,437 in comps.
If I take my $26.5K loss and took a $10% loss rebate, that'd be a $2,650 rebate
If I divided 36.2K hands by 50 hands an hour for 724 hours and divide by 4 hour sessions, I'd get 81 sessions X an average bet of $241, or a comp of $19,578.
The last one could shave my losses from $26.5K down to $7K.
But again, none of this matters because I would be rated differently at each 4 hour buy-in.
Last edited by: ChumpChange on Apr 10, 2023
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