double winngs and cashback

Hi,

A casino has offered me a 25% cashback on losses or a double my winnings bonus up to 100. The only snag is I have to play a minimum of 25 transactions. What is the optimum way to play either of these?

thanks!

Please define 'transaction'. Can you bet 24 $1 pass line bets, then 1 $100 pass line bet?

No, that is against the terms. There must not be a large disparity between the bets.

OK, fella- then if you are asking a forum for help, you must list all the 'terms'. What does the word 'large' mean?

no real idea Im afraid. The terms themselves state that manipulating staking requirements constitutes bonus abuse eg: 1 large bet followed by 24 small bets. Thats the only term in addition to the 25 bet rule.

Considering the fact that the terms you provided use vague wording and unquantifiable terms, I would get in writing a document which defines the terms.

Thanks but Im looking for a strategic discussion.

If we can accept some assumptions, then, I think I would really check out what they are talking about [unless it is an online casino, personally I trust none of those]. If you are really going to get a 25% monetary rebate on actual losses, this is even better than theoretical losses on EV. 25% off of theoretical losses would mean modifying, say, a 10% HE to 7.5%, but actual loss rebates means you can only win or only have the HE get back a portion of its theoretical "due." That's my understanding of it, anyway, maybe somebody can explain better. Don Johnson is the guy who made a killing with 20% on actual in A.C. recently.

So you can see you need to find out what they mean. If on actual loss, you can flat bet if they insist and it is still good, I think. You can certainly accept that you must have 25 transactions! You should soon have them wishing you had stuck to 25.

It sounds too good to be true. If it isnt, the saying "that which can not go on forever, will stop" is going to kick in, bear that in mind.

Quote: 3dfella

Thanks but Im looking for a strategic discussion.

Geeeeezzzzz.... If I knew the exact rules I could give you an exact strategy.... Unless you know what the allowed variation on bet size is, there can be no reasonable discussion on what to do...... And a casino that doesn't define the rules in clear, unambiguous fashion should be avoided.....

Quote: odiousgambit

If we can accept some assumptions, then, I think I would really check out what they are talking about [unless it is an online casino, personally I trust none of those]. If you are really going to get a 25% monetary rebate on actual losses, this is even better than theoretical losses on EV. 25% off of theoretical losses would mean modifying, say, a 10% HE to 7.5%, but actual loss rebates means you can only win or only have the HE get back a portion of its theoretical "due." That's my understanding of it, anyway, maybe somebody can explain better. Don Johnson is the guy who made a killing with 20% on actual in A.C. recently.

So you can see you need to find out what they mean. If on actual loss, you can flat bet if they insist and it is still good, I think. You can certainly accept that you must have 25 transactions! You should soon have them wishing you had stuck to 25.

It sounds too good to be true. If it isnt, the saying "that which can not go on forever, will stop" is going to kick in, bear that in mind.

This has been how I am approaching it. I cant help feeling I should be setting a target and risking target/25 then target/24 /23 etc .

Pretty sure you are supposed to set a large target - up to 10x your session bankroll, trying to make it or go bust. If you want to ensure you get 25 bets in a session, you need your first bet to be BR/25.

I think I would go with (current session bankroll) / (# of bets left to make it to 25). If you get really lucky, I wouldn't press too hard past about 10x. Also, you may to want to bet more than 25 bets, to not "abuse" the bonus.