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Ozzwiz
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July 10th, 2024 at 5:04:34 AM permalink
Has anybody ever had any experience playing through 60 x wager requirements on baccarat w/ a 200% match on deposit?

... in a scenario where a casino where to give out a 200% match on $2,500 deposit w/ a 60x play thru requirement. I put in $2500. I have $5,000 to wager 60x or ($300k in action). That's 3000 $100 bets. (*i chose 100$ flat bet by assessing my time that I would want to sit at the screen to play thru t necessarily the amount of distribution it would give me on the probabilities. I'm open to thoughts about what would be better?)

I worked/played through a simulator where I just did $100 flat bets on player and one time i came out winning $9,200 (plus get to keep that $5000 promo bonus) one time I lost a $2000 of my own deposit.

I'm still working through simulator scenarios as we speak.. but it seems to be that if the probabilities are playing out like this - with varying bonuses involved - then it looks like even with the losses over the Long Haul it's worth it? Though the screen time it takes for 60x is about 10 hours.
Mental
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July 10th, 2024 at 6:56:43 AM permalink
Quote: Ozzwiz

Has anybody ever had any experience playing through 60 x wager requirements on baccarat w/ a 200% match on deposit?

... in a scenario where a casino where to give out a 200% match on $2,500 deposit w/ a 60x play thru requirement. I put in $2500. I have $5,000 to wager 60x or ($300k in action). That's 3000 $100 bets. (*i chose 100$ flat bet by assessing my time that I would want to sit at the screen to play thru t necessarily the amount of distribution it would give me on the probabilities. I'm open to thoughts about what would be better?)

I worked/played through a simulator where I just did $100 flat bets on player and one time i came out winning $9,200 (plus get to keep that $5000 promo bonus) one time I lost a $2000 of my own deposit.

I'm still working through simulator scenarios as we speak.. but it seems to be that if the probabilities are playing out like this - with varying bonuses involved - then it looks like even with the losses over the Long Haul it's worth it? Though the screen time it takes for 60x is about 10 hours.
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An RNG baccarat game can deal 9-12 hands per minute on turbo mode. Are you sure your game is that slow?

Is the play through requirement (PTR) still 60x for slots or is it less?

I suppose craps and BJ are not permitted for PTR.

Is the PTR cancelled if you lose $7500 or is it sticky? Do you plan on playing at this casino after you do the promo?

Are you sure they will let you withdraw the profits and deposit after you complete the PTR?
Gambling is a math contest where the score is tracked in dollars. Try not to get a negative score.
ChumpChange
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July 10th, 2024 at 7:13:35 AM permalink
Is there a time limit on when you have to complete the promo? I seem to remember a previous post where someone had a similar promo but had to play it all through in 3 days or something. I'd divvy up the $7,500 into $500 sessions because I lose 15 sessions in a row lately and have a base bet of $15. I bet with progressions so I'd get through the run-through quicker than theo if I had a good run and make a profit. I'd be aiming to win a couple $5K sessions + the $5K promo. But baccarat usually has higher minimums like $25 or $50 or $100, so what I'm saying might be inapplicable. If it was OK, I'd plan on playing for much more than 10 hours, if it lasts me months, that's fine.
Ozzwiz
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July 11th, 2024 at 9:43:46 PM permalink
Yes chump change... the time limits vary but I've learned a lot since I first encountered your posts both you and mental are great assets to my learning.. nonetheless I've dodged a few bullets I ready to find print of only 5% PTR on Baccarat.. that would have cost me a good deal of stress it might not read that.

Nonetheless just wanted to take a moment and say thank you I'll probably respond more later to everything I learned from you guys
Ozzwiz
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July 11th, 2024 at 9:45:30 PM permalink
Hey Mental! I really want to say thanks for your input. It turns out there's only 5% PTR on Baccarat. The full PTR is on the slots. And then I read more of your articles and posts here. I found a lot of my answers and the stuff you were saying. Thank you.

I have since done a lot of follow-up with a few casinos... reading the fine print. Some online casinos will let one try some slots in "demo" mode. Fortunately I found a way to use an auto click feature. Now, in appx 90 minutes, of "play/screen time"...I've ran through several scenarios of reaching the 30X PTR scenarios- AND being on some of the more low volatile slot demos (RTP -return to player: 96.96%) ... where I'm using a flat bet .75% unit ($7.50 out $1000 bankroll) at avg 53-58 spins per minute.. i've finished 1 PTR with $1370, another with around $785 (if my memory serves me closely.) I'm not really into "winning big" at all... I'm just into not losing into my deposit. Fyi, I'm 40 minutes into a 3rd simulation using the casino's demo, at time of this writing.

i found using a flat bet wager more than .75% creates deviations that are just not within my stomach/headache range. My aim is to be a little socratic in my emails and demeanor with casinos. Act a bit like it's dumb luck. Though i thank you for all I've read and simulated. Will b great to talk shop sometime about latest slots and other strategies. Eventually I aspire to become able to risk large losses... like you mentioned in your post about what you learned from casinos. Yes, I will remember to take out funds periodically:) so as not to tip off an upper management staff... btw, i am just getting set up w bitcoin to take advantage of larger % bonus

Thoughts?
AxelWolf
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July 11th, 2024 at 10:55:10 PM permalink
Quote: Ozzwiz

Hey Mental! I really want to say thanks for your input. It turns out there's only 5% PTR on Baccarat. The full PTR is on the slots. And then I read more of your articles and posts here. I found a lot of my answers and the stuff you were saying. Thank you.

I have since done a lot of follow-up with a few casinos... reading the fine print. Some online casinos will let one try some slots in "demo" mode. Fortunately I found a way to use an auto click feature. Now, in appx 90 minutes, of "play/screen time"...I've ran through several scenarios of reaching the 30X PTR scenarios- AND being on some of the more low volatile slot demos (RTP -return to player: 96.96%) ... where I'm using a flat bet .75% unit ($7.50 out $1000 bankroll) at avg 53-58 spins per minute.. i've finished 1 PTR with $1370, another with around $785 (if my memory serves me closely.) I'm not really into "winning big" at all... I'm just into not losing into my deposit. Fyi, I'm 40 minutes into a 3rd simulation using the casino's demo, at time of this writing.

i found using a flat bet wager more than .75% creates deviations that are just not within my stomach/headache range. My aim is to be a little socratic in my emails and demeanor with casinos. Act a bit like it's dumb luck. Though i thank you for all I've read and simulated. Will b great to talk shop sometime about latest slots and other strategies. Eventually I aspire to become able to risk large losses... like you mentioned in your post about what you learned from casinos. Yes, I will remember to take out funds periodically:) so as not to tip off an upper management staff... btw, i am just getting set up w bitcoin to take advantage of larger % bonus

Thoughts?
link to original post

In a situation like this it’s important to expose the name of the online casino so people can give a proper analyst. You can figure out all the math and staticals you want, but if the casino is bunk there is more you need to factor in.

Unless it is a state regulated online casino, I wouldn't mess with such a small edge.
♪♪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♪♪
Mental
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July 12th, 2024 at 5:35:37 AM permalink
Quote: Ozzwiz

Hey Mental! I really want to say thanks for your input. It turns out there's only 5% PTR on Baccarat. The full PTR is on the slots. And then I read more of your articles and posts here. I found a lot of my answers and the stuff you were saying. Thank you.

I have since done a lot of follow-up with a few casinos... reading the fine print. Some online casinos will let one try some slots in "demo" mode. Fortunately I found a way to use an auto click feature. Now, in appx 90 minutes, of "play/screen time"...I've ran through several scenarios of reaching the 30X PTR scenarios- AND being on some of the more low volatile slot demos (RTP -return to player: 96.96%) ... where I'm using a flat bet .75% unit ($7.50 out $1000 bankroll) at avg 53-58 spins per minute.. i've finished 1 PTR with $1370, another with around $785 (if my memory serves me closely.) I'm not really into "winning big" at all... I'm just into not losing into my deposit. Fyi, I'm 40 minutes into a 3rd simulation using the casino's demo, at time of this writing.

i found using a flat bet wager more than .75% creates deviations that are just not within my stomach/headache range. My aim is to be a little socratic in my emails and demeanor with casinos. Act a bit like it's dumb luck. Though i thank you for all I've read and simulated. Will b great to talk shop sometime about latest slots and other strategies. Eventually I aspire to become able to risk large losses... like you mentioned in your post about what you learned from casinos. Yes, I will remember to take out funds periodically:) so as not to tip off an upper management staff... btw, i am just getting set up w bitcoin to take advantage of larger % bonus

Thoughts?
link to original post


Quote:

RTP - return to player: 96.96%?


If you lose 3.04% every time you play through 1x PTR, how is this an advantage play? You are expected to lose 182% of the bonus after 60x.

The situation is even worse if the base for the PTR is actually (deposit + bonus) which is sometimes the way a casino calculates the base. Then, this is effectively a 90x PTR.

I make it a point to never interact with a casino unless there is a lot of money on the line. I would just as soon have it that nobody at a casino even knows my name, even the help desk. If I get a call from a host, I let it go to voicemail. I won a decent fraction of the leaderboards at one online casino within a three month time frame. This meant I played more on the eligible slot games than any other customer during the promo. I am sure this got me noticed and my host was sending me messages about the wins. You would think this slot play would have ingratiated me to management. Instead, I was stripped of all promotions. I don't even get the daily login wheel spin that every customer normally receives. This spin was worth less than $1 per day. They don't even want to give me that. Getting noticed cost me a significant amount of future revenue.
Gambling is a math contest where the score is tracked in dollars. Try not to get a negative score.
Ozzwiz
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July 14th, 2024 at 10:03:54 AM permalink
Thank you Axel. You've helped clear me up of some possible issues in line of the casino. Though for the sake of courtesy however important it may be to divulge the name of a casino I don't want to develop any sort of repute that I am a sower of bias. For sake of impartiality, I'll just say that your last words there about "unless a casino is state regulated ...you wouldn't mess with such a small edge"

Fyi, I'm only doing International "off shore" casinos, cuz I'm not in a state where it's legalized.

I will admit wholeheartedly , and perhaps albeit failingly, that what I've been "looking to find for the past two weeks of study and simulation"... is just a small, but consistent edge, in the promo environment...

My thought being that today,online,I think anyone knows one can just set up a few computers, with an auto clicker and playing low volatility slots.

Mental again did a wonderful job of clearing me up of this fallacy.. because even if you have great odds.. 182% loss over the life cycle of a 60x playthrough won't offset a 3% 1x PTR..

My questions are intriguing me to investigate further what mental has learned in his experience of the casinos cause this is very interesting to hear... and I'm sure not only they'll- the casinos- talk amongst themselves about other big winners they don't want coming around...

....what seems to be happening for me right now is that I thought I could find a way to be time efficient and just use the computers and basic auto-mouse clicking software to play tons of slots simultaneously.... but at the same token I've now found that some of the slots I've played have 'screen time sensitive features "and in the name of recreational play" they will keep kicking off the screen so you can't get a continuously running slot...(duh, because if promotions on low volatility slots would make sense - which they don't anyway - it seems the software is actually geared to keep the participants attention at the screen without being able to get up).. My Hope was to overcome that obstacle.

Nonetheless it looks like just playing Blackjack on the smallest amount of decks possible and basic good strategy with time and attention still the only way to engage a reasonable edge?

If i had a chance to ask Mental... if I could have just a few questions to ask you... it would be ...what current edges are you seeing out there in the online casino world with offshore casinos if any? And to the effect that you do know them ...I wouldn't expect you to share them on the forum.. or with me.. because I wouldn't want to spoil your game ...but I'm interested to see you what you might think of the current opportunities out there.. or what you might direct my attention to start studying?
Mental
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July 14th, 2024 at 12:21:11 PM permalink
Quote: Ozzwiz

Thank you Axel. You've helped clear me up of some possible issues in line of the casino. Though for the sake of courtesy however important it may be to divulge the name of a casino I don't want to develop any sort of repute that I am a sower of bias. For sake of impartiality, I'll just say that your last words there about "unless a casino is state regulated ...you wouldn't mess with such a small edge"

Fyi, I'm only doing International "off shore" casinos, cuz I'm not in a state where it's legalized.

I will admit wholeheartedly , and perhaps albeit failingly, that what I've been "looking to find for the past two weeks of study and simulation"... is just a small, but consistent edge, in the promo environment...

My thought being that today,online,I think anyone knows one can just set up a few computers, with an auto clicker and playing low volatility slots.

Mental again did a wonderful job of clearing me up of this fallacy.. because even if you have great odds.. 182% loss over the life cycle of a 60x playthrough won't offset a 3% 1x PTR..

My questions are intriguing me to investigate further what mental has learned in his experience of the casinos cause this is very interesting to hear... and I'm sure not only they'll- the casinos- talk amongst themselves about other big winners they don't want coming around...

....what seems to be happening for me right now is that I thought I could find a way to be time efficient and just use the computers and basic auto-mouse clicking software to play tons of slots simultaneously.... but at the same token I've now found that some of the slots I've played have 'screen time sensitive features "and in the name of recreational play" they will keep kicking off the screen so you can't get a continuously running slot...(duh, because if promotions on low volatility slots would make sense - which they don't anyway - it seems the software is actually geared to keep the participants attention at the screen without being able to get up).. My Hope was to overcome that obstacle.

Nonetheless it looks like just playing Blackjack on the smallest amount of decks possible and basic good strategy with time and attention still the only way to engage a reasonable edge?

If i had a chance to ask Mental... if I could have just a few questions to ask you... it would be ...what current edges are you seeing out there in the online casino world with offshore casinos if any? And to the effect that you do know them ...I wouldn't expect you to share them on the forum.. or with me.. because I wouldn't want to spoil your game ...but I'm interested to see you what you might think of the current opportunities out there.. or what you might direct my attention to start studying?
link to original post


I am reluctant to comment in too much detail. I play in US regulated casinos. Axel and others have experience in offshore casinos. I believe they usually spend more time worrying about the reputation of the casino than I do.

My impression is that offshore has high bonuses and high PTRs similar to what you reported. I have heard of even higher deposit bonuses and higher PTR requirements. What I am seeing onshore is a lot of 10-50% deposit match bonuses with 1x to 15x PTR on the bonus only. I don't know if you can find these offshore, but you can see how a 1x PTR is attractive in terms of time and variance versus 60x.

I am a low roller at some US sites because those casinos don't cater to high rollers and don't offer anything more to high rollers than low rollers. Almost every casino has a daily promo that if worth a $5 - $15 in EV. Some are quick opportunities -- others take too long for me to bother with them. I earn $2000 a day in promo cash on average, so obviously, these small promos are not doing the heavy lifting.

Almost all of the big offers are based on my VIP status. It costs money to get to VIP status. If you can become a VIP, hopefully, you can maintain it just through earning points on PTR and play associated with other +EV promotions. I recently fell out of VIP status at one long-time casino because I could not maintain the required play levels while doing only +EV opportunities. I got stripped of my VIP status at two other casinos recently even though I met the play requirements. One casino sent me an e-mail explaining that they just didn't want me in the VIP program any more. The other casino just ghosted me and my host abruptly stopped calling me even though I was probably their highest volume customer during the period. I made the mistake of winning too much for too long at these two properties. A similar thing happened to me at another casino two years ago. However, that was a really small casino and their loss threshold was only mid 5-figures before I was ghosted.

I have no idea what the VIP promos are like offshore. Since the deposit bonuses seem to be so much different than what i am seeing, I assume the entire VIP program might be so different that my experience might not be of much help to you. If you are just doing a one-time deposit bonus scam, then you will never find out what the promo department is worth. I cannot say whether it will be worth your time to play at a site for a while and see what they give you in return. If you try this, you need to keep really good records of the promotional value that you are getting. This is not just the gross dollar amount of promo cash, but the EV of the promo. Many casinos have a variety of promos. Which ones have the best profit potential? If you are playing for weeks at a property and the promo EV does not get really good, then you might just have to write off your investment of time and any losses and look elsewhere. You cannot get blood from a stone.

The casino industry always goes through promotional cycles. If they need to compete for market share, promotions can get good for a while. Later, they might decide they are being too generous and start cutting back on everyone. In my experience, things are much tighter now at most US casinos than they were as recently as 2022. The problem with being a one-man shop is that I cannot compare what I am being offered with others. Am I being targeted specifically, or are promotions tighter for everyone? I really don't know. Almost nothing that I read in this forum is of any help to guide me.

My Plan B for this year was to get ridiculously lucky. Its not the best plan I ever implemented, but it was working really well for a few months. A lot of my EV is from loss rebates. This is definitely something that everyone can afford to exploit to the max. The variance is just too high for most players. But it is really fun when you are trying to lose a lot of money at a casino and you keep failing.
Gambling is a math contest where the score is tracked in dollars. Try not to get a negative score.
Ozzwiz
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July 14th, 2024 at 1:47:35 PM permalink
Thanks yet again Mental. Respects to your discretion.

As to figuring out if the promotions you are getting are targeted at your profile/behavioral/betting history rsus being treated like the status quo. That would be hard to tell, but you could always browse websites of the casinos you're interested to see what promotions are - w/o being logged in...(?) or browse privately on a browser like Brave/mullvad/tor/ etc..and that way you could at least see what they're doing - stats quo.

I definitely see my limits as an offshore only player, simply because I don't live in a state that has legally adopted online gambling. Definitely see the added layer security of operating in the United States. I'd do it, if i lived in a state that had it.

I respect your feedback as to the functional utility value of what you find here on this forum. That kind of surprises me and my short acquaintance with it. I found some pretty immeasurable learning gaps covered really short in the span of a week, but I am new to the perspective of a long-term probability oriented pursuer of managing risk in gaming.

Thank you for mention on the EV on loss rebates. And thank you for the mention of the US domestic PTR's you're seeing. Just from that alone, my guess is that establishing the probability of promotions along with loss rebates en might tilt the overall math in favor of somebody playing at a frequency and volume that otherwise would not be worth engaging.(?)

In regards to that mention you gave about handling casino staff, hosts ,and so forth in Casino relations... it does sound like they -the casinos- definitely do have it out for the winners. And even on another post you wrote about what you learned about casinos where you about something to the effect that looking back you would have been withdrawing more frequently.

The thoughts that I'm left with here are:

1) Seeing my limitations for being in a state that doesn't have legalized gambling online. ( i won't entertain any server/IP/ or location mapping reverse engineering of telemetry, etc to game somewhere else.) I've got several casinos around me. But I'd have to walk in person. I don't have the time to sit through PTR's manually.

2) it clearly sounds like I'd want to best be putting together both promo/bonus offers, loss rebates,and perhaps even gamblers insurance... in conjunction with types of online gaming that the casinos are looking for Action to increase on? Most of the offshore casino promos im seeing are 30X PTR slots only... the other ptrs on baccarat is astronomical 340x 7 days. (At one casino's fineprint )

Thanks again Mental. Definitely don't mean to badger you too much ..but I am intrigued and a little bit smitten with how you're doing what you're doing. I'm a low roller too. Can I be ho, in this environment of online potential these days.. I have been casing out the opportunities in promos. Stopping Just short of blatantly asking you - please to tell me what then do I do next to put together my first successful online effort on a bonus promotional offer/loss rebates/ gamblers insurance etc...(?)

If you have found yourself banned outside of certain casino promotions...and you want action in them... well I don't want to go down that line of consideration on a forum to position yourself to enjoy a path to re-entry into VIP status & promo offer status... but I can think of one way off hand that might work.
Mental
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July 14th, 2024 at 2:54:11 PM permalink
Quote: Ozzwiz


I respect your feedback as to the functional utility value of what you find here on this forum. That kind of surprises me and my short acquaintance with it. I found some pretty immeasurable learning gaps covered really short in the span of a week, but I am new to the perspective of a long-term probability oriented pursuer of managing risk in gaming.
link to original post


I am not trying to knock the forum. There are people on this forum that know a lot about certain AP plays. There doesn't seem to be anyone who is saying anything about online play that I find useful. This is a Vegas-centric forum. Most folks here can only play online offshore or play B&M like you. There are some sports bettors, but I never saw any big promos on sports. I had some back and forth with charliepatrick that I found useful when I was building my Bingo Blackjack program. Apparently, nobody here seems to play Bingo Blackjack even though it is ostensibly the BJ game with the best off-the-top RTP online. A lot of my edge comes from knowing the online slot inventory really well. As far as I can tell, nobody here cares about online slots. There are a lot of online slot games that have a better payback than than 9/5 DDB VP.
Gambling is a math contest where the score is tracked in dollars. Try not to get a negative score.
Mental
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July 14th, 2024 at 3:23:03 PM permalink
Quote: Ozzwiz

Thanks yet again Mental. Respects to your discretion.
As to figuring out if the promotions you are getting are targeted at your profile/behavioral/betting history rsus being treated like the status quo. That would be hard to tell, but you could always browse websites of the casinos you're interested to see what promotions are - w/o being logged in...(?) or browse privately on a browser like Brave/mullvad/tor/ etc..and that way you could at least see what they're doing - stats quo.
link to original post

This will not work at any of the sites I frequent. The VIP offers are all specifically targeted to individual players. No other player can see my offers, and I cannot see my good offers unless I am logged in. I only see the generic low roller offers.
Gambling is a math contest where the score is tracked in dollars. Try not to get a negative score.
Ozzwiz
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July 15th, 2024 at 5:24:12 AM permalink
Slot inventory awareness? Hmmm, I was frankly thinking that was the case. least that was the direction I was heading from what I was finding out for the strategies I was deploying with those 30X PTR's offshore.

To ur earlier point

"What I am seeing onshore is a lot of 10-50% deposit match bonuses with 1x to 15x PTR on the bonus only. I don't know if you can find these offshore, but you can see how a 1x PTR is attractive in terms of time and variance versus 60x."

... I, not at all being biased toward any game play that's found profitable, albeit slots, bingo bj,etc.. I guess where I'm still intrigued... and I don't expect any detailed response response over a forum like this... is that given the mention you had of Loss vouchers, ( my not knowing if those vouchers are applicable on assets that were initiated via promo PTR , or if it even matters per ur deployed strategy?) ... and my not knowing if gambling insurance even has a role in any of said strategies, or what your criteria are for selecting slot inventory (low /medium/high volatility) of a given strategy... especially as I was smitten hearing achieving profitability of 2K per day from slots... if a private email exchange is something you may be as kind and inclined to offer for elaborating on this further, I would look forward in a privileged attitude.


United States Integrity of gaming regulations? I think that's a good thing too. After I conducted several hours of play on supposed "low volatility" slots on offshore casinos... I experience what I consider clearly lenient behavior of the slot machine that would ensure no bonus or promo would be attained. (Back to your earlier point about factoring in 3.04% PT 1x loss on low volatility slots). Hence, it reinforces the fact that the gaming regulations in United States is likely more accountable. Hopefully it will stay that way.

Regarding the nature of description that I can gather from what you're mentioning here as to the way the casinos are treating you with regards to your VIP and promotional campaigns... it may be a situation that's relatively unsalvageable... I heard your philosophy about keeping casino staff interactions to a minimum.. whereas I know my Approach is maybe like one of the other gentlemen you mentioned in one of your other posts ... I found it very important to be diplomatic, kind, good natured, good humored, in all interactions cause i end up laying out a certain type of repute & demeanor and attitude amongst the staff and employees... and all probability I find that good business acumen , however frustrating and exhausted it might seem at times... may sometimes prove out to be my biggest win ... if of the one or two times it comes back to serve me when I need it most: like making sure I don't get asked to leave or trespassed, or stripped of promos and privileges in VIP.

Again please accept my appreciation and respect what you've been sharing with me, Mental. Anybody who is steady at the tables definitely garners my intrigue, fascination, and inspires me to see if I can learn some small low rolling Edge to generate a little passive income... it just let me know that it's possible. Hope ur off to s good week...
Mental
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July 15th, 2024 at 6:19:20 AM permalink
Quote: Ozzwiz

... especially as I was smitten hearing achieving profitability of 2K per day from slots...
link to original post



Quote: Mental

I earn $2000 a day in promo cash on average



Promo cash does not translate directly into profitability. In fact, promo cash will only generate losses if you are meeting the PTR using games where your theoretical loss is greater than your promo cash. By promo cash, I mean all forms of credits to your account. This is most commonly free slot play, but sometimes it is cash credits to my account balance with 0x PTR.

I have seen darkoz posting about the amount of free slot play he downloads in a good month on multiple slot cards. These are impressive amounts of top-line revenue. I assume most of his FSP has a 1x PTR. I know some B&M casinos require that the PTR is done on slots. If he can find a slot in a +EV state, then he actually makes a profit on the PTR. Normally, I assume he has theoretical costs associated with the PTR, further costs associated with keeping the FSP coming, travel costs, and profit sharing cost for the people who provided cards and services. I don't have travel expenses and I don't share my profits with anyone except the IRS and my favorite charities.

It is important to have a holistic view about your entire interaction with a casino. If I don't receive good promos without being a VIP member, then the profit potential of a promo needs to be reduced by the cost of maintaining VIP status. I won a leaderboard last week. Playing in the leaderboard theoretically cost me 6.68% of the coin in for the house edge because the rules specified that I only earned points if I played one of several low-RTP slot games. Based on how much I needed to play to win the contest, my expenses were 57% of the FSP that I won. So my theoretical advantage before any PTR was only 43% of the prize amount, and I will lose another 20% doing the PTR. My overall edge was only 23% of the top prize, and I spent two hours on the initial play and the PTR will probably take longer.

I ran bad on the leaderboard slot play . Instead of losing the theoretical 6.68%, I lost 27% of my wagers or 232% of the prize that I earned. I will probably lose more money doing the PTR, but I might get lucky and win thousands of dollars. I don't focus on actual results. My theoretical edge was 23% of the top prize and that was enough to justify my time. The monetary risk isn't important to me, but it would be for many players.

I also receive a tiny amount of value from the points that I earned. Online points usually don't add much to the profitability of a play, but they do add up to a substantial amount of value over the course of a year. What is more valuable than the points is the fact that this slot play counts towards keeping me at the VIP level. This was a VIP invitational leaderboard. The hardest part of my job is figuring out the value of maintaining my tier status. The RTP of the play and the value of the FSP is easy to understand.
Gambling is a math contest where the score is tracked in dollars. Try not to get a negative score.
Ozzwiz
Ozzwiz
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July 16th, 2024 at 3:20:44 PM permalink
I'm still digesting this. However I got a piece of news you might respect.. a good friend of mine talked to me about a year and a half ago about doing sports betting online. he had really good profit. I didn't say much at the time, I tried following up with him..but he got busy had his second kid., etc.

Just got off the phone with him ...and he said that he ran promos... just similarly to the style that you were describing.. and he also used a 30 day trial sports betting odds subscription service, and used two separate platforms to hedge his bet... in addition to using promos...

So he did really really well for about 1 month... he ran all the promos... then got stripped of promos...he also didn't want to pay the $5,000/yr for anything past the 30-day trial of that sports betting odd subscription service... he played he and his wife's account.

It seems to me that the real stickler here is: the house runs the promos ...and sees who wins... and doesn't let em back in on promos. It appears to me.... rather plain and simple the casinos run their numbers.
... they probably look at the types of clients they want to generate ...and are willing to suffer these losses via promos...( by astute aware gamblers) in order to get to the easy money b)(w/ non astute gamblers).

Totally open being wrong ...but if I learned how to do this ...I'm happy to reach out to you... my friend said wait till about a couple weeks before the NFL starts, because they run best promos then.. but again I don't know if the VIP status and other promotional offers you've been stripped of at casinos here domestically United States won't even let you have access to the sports book?
Mental
Mental
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Ozzwiz
July 16th, 2024 at 6:30:14 PM permalink
The betting patterns of a sharp sports bettor are quite different than those of a square bettor.

The betting patterns of advantage slot player look a lot like those of a degenerate gambler.

For whatever reason, I have heard that folks can wear out their welcome rather quickly at sports book. I takes a lot longer to get thrown out of an online slot parlor.
Gambling is a math contest where the score is tracked in dollars. Try not to get a negative score.
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