Online Casinos - Casinomeister Logo Online Casinos - Casinomeister
Results 1 to 9 of 9

Thread: My 50p experiment

  1. #1
    RandomEvent is offline Full Member
    Join Date
    Oct 2009
    Location
    Old House At Home - England
    Posts
    34
    Thanks
    16
    Thanked 9 Times in 7 Posts
    Rep Power
    11
    Reputation Points: 55

    My 50p experiment

    Hi all!

    Having had a naff start to online casinos in the past couple of weeks. I've managed to use some of the remaining £72.18 balance to start a 50p Blackjack experiment. Having bet £2 and tried my luck for 5 minutes using the system below I was fortunate enough to get this balance up to about £5-£6.

    The original £72.18 might get deducted by the casino once it actions my withdrawal request from my introduction bonus (silly t&c's). I'm not adding any further money now to my account, until the middle of November due to what I talked about in my intro thread.

    The system kind of uses the Martindale technique. Something which I've used in the past and can gain cash fast, but obviously kills cash fast as well. Only a little, I have toned this down a slight notch.

    Obviously with the Martindale technique there is a point where one could lose everything quickly. So I will do the following bet pattern and if the continued bad prevails, I jump ship (at least for a few hours, but probably for the day).

    Bet Pattern
    Bet #1 = 50p
    Bet #2 = 50p
    Bet #3 = £1
    Bet #4 = £1.50
    Bet #5 = £3.00
    Bet #6 = jump ship!

    Having been used to applying the Martindale technique and managing to get £100 in the space of 15-25 minutes in the past and then losing it in 5 minutes, I've decided this might be a safer bet. Although being my first time at betting just 50p a bet, it kind of feels like it takes forever to get anywhere.

    Since I started this within the past hour (didn't track the start time, but I'd say maybe 30 minutes ago), my balance has now reached £100.78.

    With the idea that my £72.18 will be deducted (I'm banging my head against a brick wall over this. Hurry up casino!!!), I will start this 'experiment' from now, stating the following:

    Starting Balance = £5
    Current Balance = £28.60

    I can only hope this lasts at least a week (nerves)

    Has anyone else done this kind of thing before? Low bets using Martindale?

    Edit: Well, having finished this post I went back in and got up to about £37.00. Only to then begin to drop again, so I'm guessing the computer wanted to give me a losing streak. I'm finished for today.

    Current Balance = £30.10

  2. #2
    KasinoKing's Avatar
    KasinoKing is offline WebMeister & Slotaholic..
    Achievements:
    VeteranCreated Album picturesCreated Blog entry50000 Experience PointsSocial Magnet!
    Join Date
    Aug 2004
    Location
    Hastings, UK
    Posts
    8,853
    Blog Entries
    7
    Thanks
    5,181
    Thanked 5,316 Times in 2,625 Posts
    Rep Power
    219
    Reputation Points: 28666
    Quote Originally Posted by RandomEvent View Post
    The original £72.18 might get deducted by the casino once it actions my withdrawal request from my introduction bonus (silly t&c's).
    You've got me intrigued about that bonus - what casino it this?
    Obviously not MG or RTG as I don't think they have 50p Blackjack...
    Please let us know and someone here might be able to give you some advice about your withdrawal.

    Welcome to the forum!
    KK
    Smile, it may never happen...
    KasinoKing's News < Rival release their first ever 50-line slot.
    SIX new softwares to try ~ Reel Layouts and Jackpot Odds ~ New USA Friendly Casinos!

  3. #3
    RandomEvent is offline Full Member
    Join Date
    Oct 2009
    Location
    Old House At Home - England
    Posts
    34
    Thanks
    16
    Thanked 9 Times in 7 Posts
    Rep Power
    11
    Reputation Points: 55
    Hi KK,

    The casino I use is William Hill (UK). According to information I found in a link from this site William Hill are said to use Microgaming. Not sure if this is the case, as I play on their 'instant play' software. By this I mean the software you don't need to download. Instead of Mircogaming the screen shows what appears to be a Playtech badge.

    The casino bonus I refer to was one in which I never read the T&C's for. Silly I know. After a day or two of wagering I decided to contact the customer service team to see if I had met the bonus requirements. I have a feeling William Hill use independent global contractors for c/s team, as the woman I spoke to was from Asia (she told me).

    Having then read the T&C's I found out the £30 intro bonus was simply for gambling only. These T&C's of the offer were copied from their website...



    " £30 No Deposit Bonus additional terms and conditions

    1.This promotion is only open to first-time customers who open and register a real-money account during the promotion period. Existing holders of real-money accounts with us are not eligible to participate.

    2.Subject to clause 4 below, in order to qualify to transfer your winnings, you must have completed 50 bets, during the promotion. (subject at all times to the maximum amount permitted to be withdrawn in accordance with clause 6 below). If you fail to meet this requirement, all winnings will be null and void.

    3. Subject to clause 4 below, the minimum wagering requirements for a No Deposit Bonus are 20 times the bonus amount, i.e. £30x20 = £600. This means that you will have to wager at least this amount in order to be eligible to withdraw any of your winnings. (subject at all times to the maximum amount permitted to be withdrawn in accordance with clause 6 below). If you fail to meet this requirement, all winnings will be null and void.

    4. Stakes from all games in the William Hill Casino Club will count towards the qualifying criteria however certain games, including Roulette and Blackjack, have lower weighting than others. This is detailed below

    Game Category Stake % Contribution
    Slots (all varieties) 100%
    Blackjack (all varieties including Pontoon) 20%
    Roulette (all varieties) 20%
    Baccarat (all varieties) 20%
    Jacks or Better (all varieties) 20%
    Aces and Faces (all varieties) 20%
    Craps (all varieties) 10%
    Sic Bo (all varieties) 10%
    Casino War 10%
    All other games 100%


    Examples:

    A bet of £100 in Roulette/Blackjack will be calculated as £20 for wagering requirements.
    10 bets in Roulette/Blackjack will be calculated as 2 bets for wagering requirements.

    5. A first approved deposit of at least £35 must be made, in order to be able to withdraw your winnings (subject at all times to the maximum amount permitted to be withdrawn in accordance with clause 6 below).

    6. Please note: A player may make only one withdrawal of any winnings earned using a No Deposit Bonus, and this withdrawal is limited to a maximum amount of £200 . Any remaining winnings will be deleted from the player's account, upon making this one-time withdrawal request up to such maximum amount.

    7. Please note that all No Deposit Bonuses are issued only for wagering purposes. Bonuses will be automatically removed from players' accounts after a withdrawal request.

    8. This offer will close at midnight casino time (GMT) on October 15th 2009. To qualify for this offer, all eligibility requirements must be met by this date. New customers registering after this date will not be eligible for this offer. William Hill Casino Club reserves the right to extend the offer beyond this date.

    9. Following qualification for the 'No Deposit Bonus',any customer with a balance greater than 5 currency units, or where they may have a pending withdrawal, will not be eligible to claim the 'No Deposit Bonus'.In any such instance the 'No Deposit Bonus' will not be issued

    10. The No Deposit Bonus will only be issued once per person, family, household, address, e-mail address, any environment where computers are shared (schools, workplaces, public libraries, etc) and/or per account.

    11. All other Casino Terms & Conditions apply.
    Please note that players which are from the groups are not eligible to participate in this promotion:

    Players depositing with £ and are not from the United Kingdom
    Players depositing with $/€/C$ and are from the United Kingdom
    Players depositing with € who are from Canada
    Players who are from the following countries – Poland, South Korea, China, Macau, Brazil Indonesia, Pakistan, Thailand, Romania, Mexico and Dominican Republic "




    Current Balance = £77.82

  4. The Following User Says Thank You to RandomEvent For This Useful Post:

    KasinoKing (9th October 2009)

  5. #4
    KasinoKing's Avatar
    KasinoKing is offline WebMeister & Slotaholic..
    Achievements:
    VeteranCreated Album picturesCreated Blog entry50000 Experience PointsSocial Magnet!
    Join Date
    Aug 2004
    Location
    Hastings, UK
    Posts
    8,853
    Blog Entries
    7
    Thanks
    5,181
    Thanked 5,316 Times in 2,625 Posts
    Rep Power
    219
    Reputation Points: 28666
    Quote Originally Posted by RandomEvent View Post
    Hi KK,

    The casino I use is William Hill (UK). According to information I found in a link from this site William Hill are said to use Microgaming.

    Having then read the T&C's I found out the £30 intro bonus was simply for gambling only. These T&C's of the offer were copied from their website...
    I'm just quoting your 2 bits of mis-information above;
    William Hills has NEVER been a Microgaming casino - and I would be interested to hear where you read that!
    They used to use Cryptologic software (since 2001 at least) and only switched to Playtech in January this year. (The Crypto casino is still open as well, until December I believe)

    The £30 free-chip is not "for gambling only" - you can win up to £200, and cash it out, as stated in clause 6.
    But I believe it is a phantom bonus (removed on cash-out) so you'd need to get your bank up to £230 in order to cash-out the maximum.

    One good lesson I hope you have learned here is always, but ALWAYS read all the T&Cs regarding ANY bonus you take at ANY casino. I know from bitter experience that it is all to easy to get caught out by something unexpected.

    In fact, I did just that myself with Will Hills when I signed-up at the Playtech version in May this year: I would swear blind that when I took the 150% bonus it was fully cashable. But when I came to cash-out they said it was phantom. Unfortunately I didn't take a screenshot of the T&C's when I joined, so I couldn't prove it.
    I'm waiting for the archive page to be loaded so I can go look to see if I was dreaming or not.

    As a by-the-way, I did actually complete the £5,000 WR and cash-out £253 (after the phantom £150 was removed) from my £100 deposit playing slots only... so it can be done!

    KK
    Smile, it may never happen...
    KasinoKing's News < Rival release their first ever 50-line slot.
    SIX new softwares to try ~ Reel Layouts and Jackpot Odds ~ New USA Friendly Casinos!

  6. The Following User Says Thank You to KasinoKing For This Useful Post:

    RandomEvent (16th October 2009)

  7. #5
    love2winalot's Avatar
    love2winalot is offline Playing to Win, not lose.
    Join Date
    Feb 2009
    Location
    Philippines/Visiting Las vegas
    Posts
    812
    Thanks
    540
    Thanked 434 Times in 267 Posts
    Rep Power
    32
    Reputation Points: 2816
    Hiya: Your betting method is ok because you are keeping your losses low. I am of the mind set that, "If i lose, how many bets do i have to win to get my losses back". The fewer, the better.

    In FREE mode, you may want to try this adjustment.

    $3 bet. win, and drop to $1 bet. Lose, and up to $5 bet.
    This comes out to the following.
    win win = +$4
    Win Lose = +$2
    Lose Win = +$2
    lose lose = -$8

    You can adjust according to your bankroll.
    "All I want, is to WIN my fair share, and maybe just a teeny bit more"

  8. The Following User Says Thank You to love2winalot For This Useful Post:

    RandomEvent (16th October 2009)

  9. #6
    RandomEvent is offline Full Member
    Join Date
    Oct 2009
    Location
    Old House At Home - England
    Posts
    34
    Thanks
    16
    Thanked 9 Times in 7 Posts
    Rep Power
    11
    Reputation Points: 55
    KK - Thanks for your reply. With regards to William Hill using the software of Mircogaming. I read on one of the links to an extrenal site that it mentioned this. I will try and find it and come back to you if I can remember where I got this idea from. By the sounds of it I probably mis-read it as you seem certain on what you say. If I did mis-read it, then clearly I apologise for my mistake.

    Yeah, I pretty much learnt from the experience regarding bonuses. Maybe some still like to play them, but this kind of put me off the idea of ever entertaining another one.

    I remember when I play a few sessions on Betfair a couple of weeks ago when I spent and lost all £600, during the betting of my initial £100 I got this up to £800 in value. During the time of play I had forgotten that I was playing in a bonus situation. At about the £300 stage the screen displayed a message saying that I was now entitled to keep the £30 Betfair bonus. I was pleased as punch with that. Why-oh-why did I not just settle for £300 (roughly)? Greed mostly, but also the brain being unable to connect with the rest of my body and scream "ABOOOOOOOOOOOOOOORT SESSION!!!!!", thus disabling my arms and hands from continuing their repetitive actions.

    On the plus side, William Hill have not deducted the £72.18 I was keep aside, incase it was like earnt through the bonus session. Two of my three cash withdrawals have been 'approved'. I am not waiting for the third to go through.

    On this 50p experiment I didn't expect to get over £50 in a few days. Of course it is down to luck and it could easily go the other way. Part of me wants to stop while I am ahead, especially now I have the £72.18 officially mine and not taken as part of the bonus play. I'm now in profit for the month, so I might hold fire for a while.

    I have also started the proces of getting woodchip wallpaper of my walls in one room. Pain in the arse stuff, but makes a wallpaper stripper seem like a god-send. I've done quite a bit so may come back to this between now and November. I forgot my book-keeping course starts in November, so I might do 5 bets a night or something.

    I never did plan this 50p experiment through properly. It has made me realise that you don't need to put in £100 a time to do so well. I might stick with the idea of smaller bets.

    love2winalot - Thanks for the idea. I will give a whirl in free mode tonight. If you lose twice do you simply revert to a $3 bet? Sorry just trying to get an idea

  10. #7
    DiamondGeezer's Avatar
    DiamondGeezer is offline Senior Member
    Join Date
    May 2007
    Location
    NOT Pennsylvania!!!
    Posts
    584
    Thanks
    845
    Thanked 292 Times in 184 Posts
    Rep Power
    32
    Reputation Points: 1921
    Random have you checked out the Wizardofodds website? It is packed with amazing information about gambling.

    If you go there you will see how the Martingale system can never work. Also progressive betting will have results exactly equal to flat betting over the long run.

    If you want to have fun gambling and maybe earn a little I suggest you hit the 'bonus trail' .

    Welcome aboard anyway

  11. The Following User Says Thank You to DiamondGeezer For This Useful Post:

    RandomEvent (16th October 2009)

  12. #8
    RandomEvent is offline Full Member
    Join Date
    Oct 2009
    Location
    Old House At Home - England
    Posts
    34
    Thanks
    16
    Thanked 9 Times in 7 Posts
    Rep Power
    11
    Reputation Points: 55
    diamondgeezer - thanks for the tip. I'll be honest I think in future I'll give up Martindale. Yes, you can do well when the losing patterns are only a few in a row, but can be dangerous gameplay once you get involved in the big amounts. Will take a look

  13. #9
    RandomEvent is offline Full Member
    Join Date
    Oct 2009
    Location
    Old House At Home - England
    Posts
    34
    Thanks
    16
    Thanked 9 Times in 7 Posts
    Rep Power
    11
    Reputation Points: 55
    Damn, I had a crack outside of the 50p betting. Went from £72 to £50 in minutes. Bailing out this money and perhaps come back into it in November hmmm.

Similar Threads

  1. Interesting non-scientific slot experiment
    By anniemac in forum Online Casinos
    Replies: 3
    Last Post: 17th August 2009, 02:53 AM
  2. Canadian based player wanted for experiment
    By Simmo! in forum Help Wanted Ads
    Replies: 2
    Last Post: 17th July 2008, 05:00 PM
  3. EXPERIMENT WITH VP
    By juliack in forum Online Casinos
    Replies: 8
    Last Post: 20th February 2008, 12:30 AM
  4. Expensive gamble experiment... 3Dice
    By kimss in forum Online Casinos
    Replies: 14
    Last Post: 28th December 2007, 02:00 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Legal Statements and Privacy Policy
Casinomeister.com does not intend for any of the information contained on this website to be used for illegal purposes. You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. Online gambling is illegal in many jurisdictions and users should consult legal counsel regarding the legal status of online gambling and gaming in their jurisdictions. The information in this site is for news and entertainment purposes only. Casinomeister.com is an independent directory and information service free of any gaming operator's control. Links to third party websites on Casinomeister.com are provided solely for informative/educational purposes. If you use these links, you leave this Website.