Cashback is paid twice a week directly to my bank account.
There is no limit or any terms condition of this cashback, I earn this privilege just because my friend is the website owner, and he is winning A LOT, and have recruit some agent to find players for the website, which is me as one of the agent.
0.8% isn't that much, but if i trade two side using two acc's, I gain 1.6% every trade i placed :)
I need advice which is the greatest method or betting progression to exploit this advantage? I know that 0.8% is still not beating the roulette house edge
But, i can use flat betting using two account (different IP, different agent account, betting same table)
The game list:
LIVE BACCARAT (5% commission on banker), LIVE BLACKJACK, LIVE ROULETTE (single zero), and LIVE SICBO
One method that i think will work is betting two side of EC on roulette table, but i still not figuring out how to handle ZERO's safely
This method below is now the best strategy that i have, but i still haven't try it.
1.flat bet roulette on two accounts (lets say 1 unit black and 1 unit red on two acc's)
2. if zero has occured (those two acc's being minus 1 unit),
3. then i will repeat the flat bet (B and R on the two acc's), one of the account will gain the -1 unit from the ZERO's
4. I just need to use the safest way to gain back the -2 unit on the second acc's
5. I am thinking about using LABBY method i read from BELGIAN somewhere from internet.
Please give me any suggestion for exploiting this cashback feature. Since i gain 1.6% per trade, i still need to place the bet about $100 per trade (1.6$ per round, about 3 minutes) so i earn about $32 per hour
My deposit limit per account is about $5000 per account. so if i trade using $100 unit, I only have 50 unit maximum wagered
Quote: rajaroletI have been reading this forum for weeks, seeking for system that i want to use on a betting website which give me 0.8% cashback every trade placed.
If by 'trade' you mean bet, I believe what you are saying is if you bet $100, whether you win the bet or lose it you get 80 cents deposited to your account. So playing a game with a house edge greater than .8% means you are playing a losing game. So you can eliminate Roulette and Baccarat and SicBo. Depending on the rules offered, there might be some BJ games where you have a slight advantage.
I know i still cannot beat the house edge, but i think if i can trade both side, like i think on roulette, i just figure out how to handle the zero's with the most safest way, than i just need to flat bet and earn risk free commission every trade on both acc's.
I cannot trade both side if i play blackjack, do you think i can gain advantage?
Quote: rajaroletYes, but the cashback is not credited to account but transfered to my bank account.
I know i still cannot beat the house edge, but i think if i can trade both side, like i think on roulette, i just figure out how to handle the zero's with the most safest way, than i just need to flat bet and earn risk free commission every trade on both acc's.
I cannot trade both side if i play blackjack, do you think i can gain advantage?
What difference does your first sentence make?
You will not earn risk-free commissions because there is no, "Safest way," to handle the zeroes. There is a way that has the least Variance and all that way will do is guarantee that you lose money rather than make it extremely likely that you will lose money. The only way to beat the House Edge is to be getting back in excess of the House Edge. There are no ifs, ands or buts.
I think you will have an advantage on Blackjack if the House Edge is less than 0.8% and you are getting back 0.8%. In fact, I know you'll have an advantage. I don't know whether you will win or lose, (except, with limitless funds, you would win in the extreme long run) but I know you'll have an advantage.
In the game of Blackjack there are Drawing Rules that apply to the Dealer’s hand, as provided below in Table 1. The dealer must draw with any hand totalling 16 or less, and must stand with any hand totalling 17 (including soft 17) or more.
Payouts are determined at standard odds that are identical to those used in all of the major Casinos of America, Europe and Asia.
Winning BLACKJACKS receive payout odds of 3 to 2 (1.5 to 1).
Winning INSURANCE bets receive payout odds of 2 to 1.
All other winning hands receive payout odds of 1 to 1 (EVEN MONEY).
Is this playable for 0.8% cashback every bet?
Do you think i just use the wizardofodds calculator and cheat sheet for the blackjack strategy?
Quote: rajarolet0.8% isn't that much, but if i trade two side using two acc's, I gain 1.6% every trade i placed :)
Why don't you just trade using 125 accounts, that way, you'll gain 100% every trade?
Quote: rajaroleti will figure it out tomorrow, thanks mission for your kind guide
Do you think i just use the wizardofodds calculator and cheat sheet for the blackjack strategy?
I imagine so, if you have an advantage. Just remember that you're talking about a live Blackjack game, so become familiar enough with the strategy that, if you do have to look up a play, you can do so quickly enough to make the play on the other site.
Edit: Derp, look below. What I get for trying to think before coffee...
Quote: VenthusIsn't single-zero roulette with imprisonment 1.35%? If the OP's playing both sides of a live table, collecting the .8% cashback on both, that'd be a net positive. Though it's unlikely they're operating with imprisonment, it wasn't specified...
Both sides would be eating the 1.35% House Edge. Both sides would receive 0.8% of all monies bet back. It fails for the same reason that Roulette without imprisonment fails.
Quote: IndyJeffreyWhy don't you just trade using 125 accounts, that way, you'll gain 100% every trade?
how to bet on 125 accs? there is only two side of even chance.
so you can combine all the money in two acc's and the result of cashback still the same.
Quote: onenickelmiracleWhat if your friend really isn't your friend? In which case, you're being set up.
No, in my country, online gambling working like this. however, i am not using any money at front. I can create account with limit credit, so i pay after losing, i gain after winning, twice a week recap
Quote: Mission146I imagine so, if you have an advantage. Just remember that you're talking about a live Blackjack game, so become familiar enough with the strategy that, if you do have to look up a play, you can do so quickly enough to make the play on the other site.
do you think, if the HE of BJ is 0.4%, i got cashback 0.8%, i can win a lot plaling wizards strategy using flatbet?
Quote: VenthusIsn't single-zero roulette with imprisonment 1.35%? If the OP's playing both sides of a live table, collecting the .8% cashback on both, that'd be a net positive. Though it's unlikely they're operating with imprisonment, it wasn't specified...
Edit: Derp, look below. What I get for trying to think before coffee...
i think the HE is not as low as 1.35%, about 3%
Any BJ game that pays 3:2 will be have a positive expectation unless there are some highly unusual rules.
then one of this acc will solved, and will left only 1 acc with -2 units.
i just how to figure it how to get this -2 with safe method, one of the safest i ever tough is the cancelation method
Quote: AxelWolfIs RS making sockpuppet accounts again?
Rob Singer will never quit.
I hope your friend decides to stiff you, just as you propose to stiff him. That's assuming there is anything genuine about the original post.Quote: rajaroletI earn this privilege just because my friend is the website owner
i just wondering how much i will make per month if i just get 0.4% advantage in blackjack hand by hand betting $50
Quote: AxelWolfIs RS making sockpuppet accounts again?
FWIW, account appears to be legit and matches what he says about himself. His English is consistent with that part of the world.
Quote: rajarolet
i just wondering how much i will make per month if i just get 0.4% advantage in blackjack hand by hand betting $50
There are obviously a few unknowns, here:
1.) I would have to take it for granted that you're playing Optimal Strategy.
2.) I don't know how many hours you intend to play in a month.
3.) I don't know how many hands per hour you'll get in.
If you fill in the blanks on two and three, then it is really simple multiplication. Take however many hands you can get in an hour, multiply that by how many hours you'll play in a month, multiply that by 50 and then multiply all of that by .004. So, if I assume 60 hands per hour and that you will play 160 hours per month:
(60 * 160 * 50 * 0.004) = 1920
Thus, you would EXPECT to profit $1,920/month based on those parameters.
I also want to note that you should avoid using terms like, "I will," because it's gambling, so you don't know whether or not you'll do anything. When you're talking about 9,600 initial hands (as in my example) and the $50 bet you mentioned, that's going to be $480,000 total in base bets. (This will be increased by splits/doubles). In other words, I don't know that you WILL even profit. You could lose a few grand. You could make five grand, you could lose ten grand in a month.
More importantly, I don't know what you're bankroll is. Even with the advantage, if your bankroll is $1,000, you're much more likely than not just to eventually bust out at some point because your bankroll cannot sustain the swings of a $50 bet.
Does the wizardofodds basic strategy at the website is the "optimal strategy" you mean? or is there any other strategy for playing blackjack?
If the game uses a continuous shuffle machine (CSM) then the basic strategy is also the optimal strategy. If the game is delt from a shoe then combining basic strategy with a card counting system will be optimal strategy.Quote: rajaroletthanks for your kind reply
Does the wizardofodds basic strategy at the website is the "optimal strategy" you mean? or is there any other strategy for playing blackjack?