playthrough ??

[hobobiker]

please correct me if im wrong on this cos my maths are crap.

i was just about to take up the 32 club rouge bonus of 150+ match, when i
(for the first time) looked at the playthrough, it say 15X D & Bonus ...so i make that a £4500 wager on a deposit of £150 + £150 bonus .

this is the bit where i might be wrong .........if i start with £300 , and achive a wager of £4500 (15X) would that mean i have achived a %rtp of 94%.

Now i havent had a 94% return at 32 for many many months ....think my best this year is 91% ...

so the reality of hitting 94% on one deposit ? ?

i dont think the slots on average for zillions of players per month even average 94% do they?

are my sums wrong or is the bonus deal not really an additional benefit but just a promise .

[WAYLANDER]

It all depends on what figure you end up on after the wagering
You are correct that the wagering requirement is £4500 ( 15 x dep + bonus ) but the % return is variable
If you finish on £300 then you have achieved a 100% return
£345 is a 101% return , £255 is a 99% return and so on ...

WAYLANDER

[hobobiker]

It all depends on what figure you end up on after the wagering
You are correct that the wagering requirement is £4500 ( 15 x dep + bonus ) but the % return is variable
If you finish on £300 then you have achieved a 100% return
£345 is a 101% return , £255 is a 99% return and so on ...

WAYLANDER

so a £0 balance at the end of a 4500 wager would be a 94% return?
which is considered a very good return by the casino.

well it would do .....!

[hobobiker]

It all depends on what figure you end up on after the wagering
You are correct that the wagering requirement is £4500 ( 15 x dep + bonus ) but the % return is variable
If you finish on £300 then you have achieved a 100% return
£345 is a 101% return , £255 is a 99% return and so on ...

WAYLANDER

if you finish with 300 then would you not have wagered up to 4800 or 16X dep & bonus at some point?

[KasinoKing]

are my sums wrong or is the bonus deal not really an additional benefit but just a promise .

Not quite sure what you meant by that - it's not free-money, obviously.

Personally I see it as a great benefit.
Suppose you play only 1-credit spins on slots with an average return of 95%. Now I know you personally never get anywhere near that, but let's just pretend for a moment.

You deposit 150 & get 150 bonus, so start with 300. WR is (D+B)x15 = 4,500.
Wager 4,500 x 5% loss = 225 credits lost. So you are left with 75 credits, which are cashable.
You have had 4500 spins and they cost you 75 credits.

You deposit 150 without a bonus. After 3,000 spins your money runs out.
So you will have had 3000 spins which cost you 150 credits. (i.e. 1500 spins per 75 credits).

Clearly you are getting 3 times more spins per deposited credit by taking the bonus!

You also have the advantage that if your balance drops by over 150, you are not bust yet and (if a miracle happened & your luck changed) you have a chance of winning all your losses back!


Here's a couple of extracts from my 32Red January log, just for interest.
It was a $250 deposit + $250 bonus, WR $7,500.
At the end of the month I cashed out $150 profit, which is fricking annoying cos I was over $600 up approaching half way through WR (on the game right after WorldCup Mania).

First; WorldCup; Wagered $118, made +$147 = 224% return.
Later; Dolphin Tale; Wagered $136, lost $136 = 31.6% return.

Swings & rounabouts...

[hobobiker]

Not quite sure what you meant by that - it's not free-money, obviously.

Personally I see it as a great benefit.
Suppose you play only 1-credit spins on slots with an average return of 95%. Now I know you personally never get anywhere near that, but let's just pretend for a moment....

er yes lets pretend???? its the only way of getting a a 95% return thats for sure. .... why pretend at 95% .... lets pretend its a 500% return ...may as well its only pretend.

Swings & rounabouts...

yup sure is...only problem is that i seem to be nailed to the b*****rd roundabout at this point in time........ so cant get to the swings.

[WAYLANDER]

hobobiker
You seem a little confused as to how to work out % returns , i shall try to explain it for you ...

What you start with has no relevance at all to the % return
You need to look at how much you have wagered and then your final balance in relation to your starting balance to work out the % return
In this case the wagering is £4500 so to make things simple we will work in whole %'s ,
1% = £45
If you finish on the same starting balance you have achieved a 100% return , you have wagered £4500 and got £4500 back
Every £45 above your starting balance is an extra 1% , so 101%
Every £45 below your starting balance is a loss of 1% , so 99%


WAYLANDER

[gerilege]

so a £0 balance at the end of a 4500 wager would be a 94% return?
which is considered a very good return by the casino.

well it would do .....!

It would be 4200/4500 = 93.33% (Total wagered = 4500, total won = -300, so returned 4200. Payout% = returned/wagered)

A GBP100 balance would be a 4300/4500 = 95.55% (Total wagered = 4500, total won = -200, so returned 4300.

And so on...

[vinylweatherman]

You are all assuming you have to play SLOTS.

However, this is 32Red, and they do not weight games. The ONLY restriction is on "even money" bets. Examples of these would be betting on Red, Black, Odds, Evens at Roulette (or covering 50% in another manner). Progressive games also do not count.

If the WR were made on Blackjack (although I believe they have a 2 chip min, not 1) there is very much a player advantage in the long term.

Even for slots, 15x D + B, on a 100% bonus, is simply the MGS EZBonus "standard" of 30x on slots.

In addition, if the wagering is done by a Casinomeister member (who has registered), and the average bet is 10p or more, you have to factor into the calculation the potential Slotmeister prize, and its own WR the following month

[KasinoKing]

If the WR were made on Blackjack (although I believe they have a 2 chip min, not 1) there is very much a player advantage in the long term.

Well maybe... or maybe not.
If you just played BlackJack every month to squeeze what you can out of the bonus, I'm pretty sure you would soon be invited to leave Club Rouge...

Though I have always been fully aware of their terms, I always play slots with my bonuses there... I like them to think I'm giving them a chance!