Gambling Log

[aka23]

I had an interesting experience at Golden Reef Casino. This casino has been blacklisted by multiple groups, so I did not have high expectations. They offer a $100 100% match bonus. I increased to $370 after a win and some playthough on FR, then cashed out my $100 deposit, losing my remaining bonus.

When I checked my account today, I found my $100 returned to my account. Support tells me I hd to meet the full playthough, even though they use the MG EZ bonus system, which allows you to cash out (and lose bonus $) at any time. I convinced them to restore my bonus as well. This apperantly reset my playthough back to the full $5000 (50x bonus, not usual MG 30x).

At this point my balance was $470. Taking advantage of the sticky bonus, I bet the max bet of $200 on a hand of ACBJ and won, increasing my balance to $670. Statistically, the best game to meet the playthough on was French Roulette. The expected loss was $115 (-$15 if cashable bonus is included). I lost approximately this amount. I should have ended above $600, but made some foolish large bets towards the end. At one point I asked a support rep how much I had to wager. He said I needed to get to $10,000 rather than $5,000. I called him on this, and he said he made a mistake and it was $5,000, as expected. I brought my total to $600 again playing BJ, then cashed out for a $500 gain on a $100 deposit.

Net Gain/Loss at Golden Reef: +$500
Overall Gain/Loss: +~$12,700

[KasinoKing]

Originally Posted by aka23

Overall Gain/Loss: +~$12,700

You make me ashamed to call myself a gambler!
(It takes me ~ 3-years to win that much!)

If only I could treble my testicle size maybe I too could increase my max bet from $10 to $100 and follow your lead!
You are de man!

[amatrine]

I never knew golden reef was rouged. That was the first MG caino I used to play at. I never had any problems with cashouts or anything there. I stopped playing there because they did not have as much of a game selection back then compared to others. Im sure they have changed that since then.

Ama

[aka23]

Originally Posted by KasinoKing

You make me ashamed to call myself a gambler!
(It takes me ~ 3-years to win that much!)

If only I could treble my testicle size maybe I too could increase my max bet from $10 to $100 and follow your lead!
You are de man!

Thanks. I'm up to +$13,200 now.

When I make a large bet, there is always a good statistical advantage. For example, take a MG EZ bonus casino offering a 150% bonus up to $150. If all $250 is bet, then a win brings the total to $500. If the bonus is cashed out at this point and not played through, there is an average gain of 0.5xB=$75 (either gain $250 or lose $100). If the bonus is played through after the bet on a 50% FR casino, the average gain increases to 0.595xB= $90. With King Neptune's 2/3 FR, the average gain increases to 0.696xB= $104.

I play with a slightly different stategy than above. I bet half on Atantic City BJ, so I have the opportunity to double/split on a good hand or surrender on a bad hand, I usually get to play more than one hand, and I am less likely to be limited by the 200 max bet. If I win on a double/split I stop. If I win on a regular bet, I bet half again and stop on a win. If I lose the first hand, I bet everything (not half) and start over on a win.

[aka23]

Originally Posted by amatrine

I never knew golden reef was rouged. That was the first MG caino I used to play at. I never had any problems with cashouts or anything there. I stopped playing there because they did not have as much of a game selection back then compared to others. Im sure they have changed that since then.

Ama

I don't think its been rougued on Casinomeister. Its been blacklisted on other sites for labeling players as bonus abusers and then not paying. I'm hoping that this won't be an issue so long as I limit myself to a single casino within the Casino Profit Share group.

[aka23]

I had an eventful lunch break. Note the changes with King Neptune's, Online Casino, and Authorian. I'll post more later.

Gains
1. King Neptune's: +~$1600 (New)
2. Casino.net: +~$1500
3. Winward: +~$1000 (Increase)
4. 888.com: +$925 (Increase)
5. Venetian (B&M Casino): +$750
5. USA Casino +$750 (New)
7. Casino Euro: +$640 (Increase)
8. Golden Rivera: +$600 (New)
9. Intercasino: +$540 (Increase)
10. Nine.com: +$530
10. Villento: +$530 (New)

Losses
1. Connecto: -$300
2. Luck N Roll: -$250
3. Cinema Casino: -$200 (New)
4. Online Casino: -$190 (New)
5. Omni Casino: -$100
5. Kiwi Casino: -$100
7: Sporting Odds: -$90
7. Planet Luck: -$90
9. Vegas Palms: -$50
9. Magic Oasis: -$50
9. Mummy's Gold: -$50
9. Sands: -$50
9. Palace of Chance: -$50 (New)
9. Aus Vegas: -$50 (New)
9. Authorian: -$50 (New)

[frufrugirl]

I love this thread, keep it going... Fyi.. I went to casino glamor....BOO Hoo..no US players for money.... I played for free..Im crazy about their games! They are so different!

[aka23]

Originally Posted by frufrugirl

I love this thread, keep it going... Fyi.. I went to casino glamor....BOO Hoo..no US players for money.... I played for free..Im crazy about their games! They are so different!

I also was not able to play at other casinos in that group. They changed their policies about US players within the past few weeks. This probably is related to the BoS arrest and/or pending legislation.

[frufrugirl]

looking at the way you play reminds me of how I play when Im in the fun mode.
Maybe it is just having the guts to make the high bet on the high return games that makes the difference.
I played at a land casino for the last two days with my friend while on vacation, we played "milkmoney" (we love the features and bonus rounds) for pennies...two moms playing 20 to 40cents per spin lol.... not much happening in the win margin but by golly, a woman was sitting next to me playing max bet 400 ..started at 80.00 us and ended up with over 600.00 in less than an hour. She was sorta drunk and told me she would never have played that much normally but her husband was over at the 21 table loosing his and her shirt so she felt "oh what the heck" and it payed off!

Do you ever play slots? I noticed you mentioned war..any hints on which casino you like best for that?

[aka23]

Originally Posted by frufrugirl

looking at the way you play reminds me of how I play when Im in the fun mode.
Maybe it is just having the guts to make the high bet on the high return games that makes the difference.

That is absolutely true for the majority of my recent gains. The expected return increases as I increase bet size due to bonuses. For example take a typical 100% match MG bonus with 30x playthrough and FR counting 50% to wagering.

--The average return by only playing FR is 0.2xBonus

--The average return by betting it all (deposit and bonus) on a 1:1 bet before FR is 0.6xBonus. If the first bet is lost the return is -1xB. If the first is won, the gain is 2.2xB. The average return by betting it all on two sequential 1:1 bets before FR increases to 0.8xB, but the clear majority of the time, you will lose everything.

This looks good on paper, but playing and betting hundreds on a single hand is a different matter. I have built up a good sized bankroll in my Neteller account that is separate from my bank account. I am only risking gambling winning, so I am can accept the greater risk of loss.

Without bonuses or similar edge, there is not such an advantage to a larger bet, aside from getting more comps. Slots do appear to pay off more and get more large hits in fun mode because of remembering the big hits and ignoring the big losses with fun money.

Originally Posted by frufrugirl

Do you ever play slots? I noticed you mentioned war..any hints on which casino you like best for that?

I usually select games that give me the greatest advantage. I play war when I cannot play a lower house edge game or when my losses at lower house edge gains are far greater than statistically expected.

Having said that, I do enjoy slots. I have been playing Mad Hatters periodically. The win that inspired me to begin online gambling was playing slots at Vegas over Memorial Day weekend. I made a single bet of $1 before we left. That bet won $750, which was more than enough to pay for the full trip.