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Old 23rd May 2006, 11:59 PM
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Quote:
Originally Posted by elscrabinda
CM, if you consider the rule and the way it was applied to be so eminently sensible please explain how a player benefits from playing a house edge game when it doesn't count towards playthrough. Dissallow games from WR but do not disallow them completely from being played. IT MAKES NO SENSE and results in highly unfortunate threads like this.
Let's say you deposit $100 and get 100% cashable match bonus with 10x(D+B)=$2000 wagering requirement on slots with 5% house edge. Your expected loss is $100, your expected profit is 0. (OK, not quite, the possibility of busting out works in your favour, once you bust out you stop losing money, so there would be a small expected profit.)

Instead, put everything on a single number on roulette. If you win, you have $7200, you play the required amount on slots, the expected value of your final bankroll is $7100. If you lose, you just walk away. Your expectation is $7100/37=$191.89. This strategy turned a bonus with minimal profit into one with more than $90 profit. If the wagering requirement were 20x(D+B) then I am pretty sure that playing on slots would have a negative expectation, whereas this strategy combining it with roulette would still show almost $90 expected profit.

This player does not appear to have used such a strategy, but playing in £££ when you are not from the UK is likely to set of a warning flag. (Was it Trident Lounge that invented the "International Foreign Exchange Laws"?)
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