Bovada: Online Slots
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Quote: gaming4titoI've never been a huge fan of slots and I typically stay away from there anytime I have a chance to go to a brick and mortar casino. However I was curious if a bonus offered by Bovada is worth trying to clear. They'll match a $500 deposit and require 50x the initial deposit to clear the bonus. Is there any way to determine the return rate on online slots and is this a bonus worth taking advantage of?
Is the bonus only valid for slots? Generally from an optimal perspective, you should avoid slots. But generally speaking, online slots usually return 94 to 97% back to the player. Some online casinos disclose their payback on individual games. Bovada, unfortunately, does not.
Quote: gaming4titoI've never been a huge fan of slots and I typically stay away from there anytime I have a chance to go to a brick and mortar casino. However I was curious if a bonus offered by Bovada is worth trying to clear. They'll match a $500 deposit and require 50x the initial deposit to clear the bonus. Is there any way to determine the return rate on online slots and is this a bonus worth taking advantage of?
Assuming a 97% return on the game, it's not even remotely advantageous. Think about it this way, based on EV, the first time you run the $1,000 through, you should come out of it with $970. For every additional round, just take the cash result of the previous round and multiply by .97.
This is a pure guess, because I didn't do the Math on it, but I believe this would be a better than break-even proposition if you had to play it through twenty (or maybe a couple more times) and it is worse than a break-even proposition at 25 or more times. Somewhere between 20-25, I want to say 22 would still be a slight advantage.
Are you trying to say Bovada slots are somewhere near 97%? LOL ...... I Have very good evidence they are close to 10 % loss.Quote: Mission146Assuming a 97% return on the game, it's not even remotely advantageous. Think about it this way, based on EV, the first time you run the $1,000 through, you should come out of it with $970. For every additional round, just take the cash result of the previous round and multiply by .97.
This is a pure guess, because I didn't do the Math on it, but I believe this would be a better than break-even proposition if you had to play it through twenty (or maybe a couple more times) and it is worse than a break-even proposition at 25 or more times. Somewhere between 20-25, I want to say 22 would still be a slight advantage.
Quote: AxelWolfAre you trying to say Bovada slots are somewhere near 97%? LOL ...... I Have very good evidence they are close to 10 % loss.
I am not trying to say that at all, I happen to know that the Video Keno is God-Awful, something around 15% HE.
What I was saying is, in a best case scenario, that promotion is still not beatable on a slot game, unless the return is unrealistically high.
