FinsRule
FinsRule
Joined: Dec 23, 2009
  • Threads: 119
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February 9th, 2011 at 8:04:35 AM permalink
Bodog gave me a $21 casino bonus today for playing in their poker room. That was great of them.

However, the bonus had a 40X rollover requirement. AND, I couldn't withdraw any of it until I had played the entire $840.00 worth of hands.

Roulette, Craps, Bac don't count toward it, so don't give me any both ways advice. I already lost all of it and got through about 10% of the bonus requirement.

I tried BJ and Pai Gow, because I thought the pushes in Pai Gow would help.

Do you think 40x rollover requirement is fair?
RonDiaz
RonDiaz
Joined: Jun 26, 2010
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  • Posts: 56
February 9th, 2011 at 9:02:55 AM permalink
Yea I got a casino bonus once there and the rollover was ridiculous I thought. I lost it all before getting more than a few percent in. I do not touch their casino bonuses now. They are still my site of choice, but I stick to SnG poker and their sportsbook.
dwheatley
dwheatley
Joined: Nov 16, 2009
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February 10th, 2011 at 7:27:18 AM permalink
Fair? Sure, it's free money. They didn't have to give you anything. If you were going to gamble anyway, it doesn't matter what the rollover is.

Worth it? Barely. At 2.5% house edge, you'd actually expect to lose the same as the bonus is worth. Even playing one of their good games like pick'em poker, I would say it's not worth your time to try and clear it.

Conclusion: *shrug*
Wisdom is the quality that keeps you out of situations where you would otherwise need it
FinsRule
FinsRule
Joined: Dec 23, 2009
  • Threads: 119
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February 10th, 2011 at 8:48:27 AM permalink
My point is: If you're going to make it 40x, why bother even giving it. At least make it 10x, and give the player a chance.
petro
petro
Joined: Dec 6, 2010
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  • Posts: 99
February 12th, 2011 at 10:46:44 PM permalink
40x Bonus playthrough is pretty normal for the market at this point in time.
But if it is free then thats cool imo. :)

Varies from casino to casino.
Some are 30xB others are 20xB.
Some have better games to clear the bonus others don't.
drw
drw
Joined: Apr 16, 2011
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  • Posts: 14
April 16th, 2011 at 3:16:45 AM permalink
Quote: dwheatley

Fair? Sure, it's free money. They didn't have to give you anything. If you were going to gamble anyway, it doesn't matter what the rollover is.

Worth it? Barely. At 2.5% house edge, you'd actually expect to lose the same as the bonus is worth. Even playing one of their good games like pick'em poker, I would say it's not worth your time to try and clear it.



So long as they give you the bonus up front, 40x2.5% has expected value, given that the non-zero risk of ruin means that in practice your WR is going to be significantly less than 40x.

Of course for $20, meh.
AZDuffman
AZDuffman
Joined: Nov 2, 2009
  • Threads: 221
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April 16th, 2011 at 5:54:36 AM permalink
Quote: FinsRule

Bodog gave me a $21 casino bonus today for playing in their poker room. That was great of them.

However, the bonus had a 40X rollover requirement. AND, I couldn't withdraw any of it until I had played the entire $840.00 worth of hands.

Roulette, Craps, Bac don't count toward it, so don't give me any both ways advice. I already lost all of it and got through about 10% of the bonus requirement.

I tried BJ and Pai Gow, because I thought the pushes in Pai Gow would help.

Do you think 40x rollover requirement is fair?



$21 is quite low to play with. The only idea I would have would be to find the table with the lowest limit, lowest house edge, and closest to 50/50 chance per hand and martingale it to death. but it only gives you 3-4 levels of martingale.
All animals are equal, but some are more equal than others
pubjoe
pubjoe
Joined: Mar 25, 2011
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  • Posts: 1
April 22nd, 2011 at 3:52:38 PM permalink
If a bonus is credited up front, personally, I just punt it. If I turn it into 200, then I consider wagering it (which in this case would now be at ~ 4x the total balance).

You could aim for $84 (for a 10x WR to cashout), or $420 (for a 2x WR) and so on. The higher the 'start wagering target' is set at, the better the overall value. This is because in the long run you will actually wager the required $840 less often and therefore expose less money to the house edge. The higher the target, the closer the bonus is to being worth 100%, with no limit except for any 'maximum win from a no-deposit bonus' cap that the casino may have in place. ...And they often do, so check the terms and conditions before lumping $21 on one slots spin.

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