- Joined
- Oct 8, 2012
- Location
- Derby
Just a quick question. Do positive EV bonuses actually exist or are they all in the casinos favour?
Do ev+ bonuses exist?
- Thread starter philderby
- Start date
- Joined
- Aug 26, 2010
- Location
- Old bag lady with a laptop
What is an EV+ bonus?
- Joined
- Oct 10, 2012
- Location
- London
Short and best answer is no. They did, not for a while now.
- Joined
- Mar 13, 2008
- Location
- Ontario
Some casinos offer them as a reward to loyal players.
- Joined
- May 10, 2014
- Location
- UK
A bonus with "positive expected value" - at least in the mathematical sense. For example, if you had a £10 bonus with 10x wagering requirements and played 97% slots, you would expect (in the long run) to lose 3% across that £100 of wagering - or an "expected value" of £7 profit.
Naturally it can vary wildly for any individual player, but in the long run a casino would expect to lose money from EV+ promotions - it's a loss leader or a loyalty reward.
They tend to be a rare beast now-a-days, because there are enough advantage players out there capable of exploiting them that the casino doesn't have a loss leader, they just have a loss!
If anything, I would say we have gone to the other extreme - plenty of 100 times (or worse) bonus requirements now-a-days, fine if you want to extend your playtime, but best to avoid if you expect to actually withdraw something!
