Recommended online casinos

supergrass
supergrass
supergrass
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April 6th, 2014 at 4:12:11 PM permalink
the deal is for 500k front money, I get 100k cash bonus once I put in 1 million turn over. I also get free airfare and hotel. I am thinking maybe the casino is cheating? Small casino in Asia. Anyone ever played similar promotion? Did it turn out to be legit?
AxiomOfChoice
AxiomOfChoice
AxiomOfChoice
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April 6th, 2014 at 4:24:23 PM permalink
Quote: supergrass

the deal is for 500k front money, I get 100k cash bonus once I put in 1 million turn over. I also get free airfare and hotel. I am thinking maybe the casino is cheating? Small casino in Asia. Anyone ever played similar promotion? Did it turn out to be legit?



That does seem way too good. 10% of your action back?

Maybe they think that you are an extremely good customer, and it's worth $100k to try to acquire you as a regular customer? It seems high but if they think that you will drop 6 figures on every visit, it might be worthwhile. (I assume that this is a one-time offer, not what they plan to offer you for every trip?)
beachbumbabs
beachbumbabs
beachbumbabs
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April 6th, 2014 at 4:29:40 PM permalink
FWIW, I've seen those percentages on a loss rebate/action, but not at those dollar figures. Well above my bankroll.
If the House lost every hand, they wouldn't deal the game.
Deck007
Deck007
Deck007
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April 6th, 2014 at 6:06:57 PM permalink
Quote: supergrass

the deal is for 500k front money, I get 100k cash bonus once I put in 1 million turn over. I also get free airfare and hotel. I am thinking maybe the casino is cheating? Small casino in Asia. Anyone ever played similar promotion? Did it turn out to be legit?



Never heard of 100K cash bonus before. High rollers can get a 20% loss rebate and all the other perks they normally get. If junket is used then then junket can give them about a 0.5% rebate on their volume of play.
Hunterhill
Hunterhill
Hunterhill
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April 6th, 2014 at 7:12:25 PM permalink
Quote: Deck007

Never heard of 100K cash bonus before. High rollers can get a 20% loss rebate and all the other perks they normally get. If junket is used then then junket can give them about a 0.5% rebate on their volume of play.

Did they say what game you have to play?
The mountain is tall but grass grows on top of the mountain.
Hunterhill
Hunterhill
Hunterhill
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April 6th, 2014 at 7:17:44 PM permalink
Even on a game with a 2% edge your expected loss is only 20k.Are you sure you don't get the 100k if you lose your front money. This would be a 20% loss rebate which isn't that unusual for that amount of front money.
The mountain is tall but grass grows on top of the mountain.
supergrass
supergrass
supergrass
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April 6th, 2014 at 7:41:35 PM permalink
20% regardless of win/loss. Essentially a show up money. The turnover requirement was just there to make sure you will gamble; as oppose to just take their 20% and leave.

A nearby larger casino offers 10% show up money to their known/regular customers; definitely no cheating there because AP all win there.
Deck007
Deck007
Deck007
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April 6th, 2014 at 8:42:08 PM permalink
Up to 20% rebate for your loss only whatever you lose. Nothing if you win. Baccarat only and buy in $1M in dead chips.
Tomspur
Tomspur
Tomspur
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April 6th, 2014 at 9:03:24 PM permalink
All I can think of is perhaps their definition of "turnover" is different to ours?

$100k just for turning over $1m???

Seems like the best +EV situation in the history of AP?
“There is something about the outside of a horse that is good for the inside of a man.” - Winston Churchill
AceTwo
AceTwo
AceTwo
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April 7th, 2014 at 10:26:59 AM permalink
Quote: supergrass

the deal is for 500k front money, I get 100k cash bonus once I put in 1 million turn over. I also get free airfare and hotel. I am thinking maybe the casino is cheating? Small casino in Asia. Anyone ever played similar promotion? Did it turn out to be legit?



Its a hell of a risk to trust a small casino in Asia with $500k (I assume you mean $) front money.
It depends on the country and the casino and what you mean by small.
$500K sounds a lot to me for a 'small' casino from a single player.
I would do way more research before I trusted a small casino with $500k.
From the info you give, I would say no, way too big risk.

Does it have to be $500k to get the 20% from money. Can it be a smaller amount to test the waters.
And is this going to be a one of hit and run or repeat business.
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