Little bit advice needed: to withdraw or not to withdraw

gokkie

Senior Member
PABnononaccred
Hi all,

Little bit of advice needed, I am curious what you would do.

I deposited 70€ and took a bonus of 35€
I got lucky quickly and am now at a balance of 550€

I now have two options:

Option 1: withdraw now

Via de terms and conditions of the bonus I can now withdraws 2/3 of this amount: about 365€
When I do that I lose the bonus money amounting to 1/3 of the amount: about 180€

Option 2: Keep playing

I keep the balance of 550€ but I still have 2400€ wagering to do.
Any winnings are divided evenly according to the relation between real money and bonus money in the bet. I have now 365 Euro real money and 180 Euro bonus money in my account. A bet of 3 Euro will contain 2 Euro real money and 1 Euro bonus money and any winnings are divided into the same ratio.

Which option would you choose?

I am inclined to go for option 1 because of the high wagering requirements but not sure.
 

Vegasbum

Senior Member
In gambling you always take a sure bet...so withdraw what you can now. If you keep playing and lose it all (and that will "probably" happen) you will feel like crap knowing you could have made a withdrawal earlier.

You are getting 5x your deposit...grab it.
 

dunover

Unofficial T&C's Editor
Staff member
webmeister
PABnonaccred
PABnononaccred
CAG
mm3
Do the math - you (at 95% RTP) would expect wagering that 2400 to cost you 120, so you'd be better-off carrying on. Your bonus/cash ratio shouldn't make any difference as most casinos don't calculate the bonus WR on partial cash/bonus per spin, but on the whole value of the spin which comes off of the WR.
If that's the case, find a low-variance slot and carry on and you should be circa 60 better-off than now when WR is met.

IF the bonus is only coming off on WR at 1/3 of the value of each spin (which doesn't seem likely) then you'd effectively be wagering 7200 so would lose 360 and be 180 worse-off at 95% RTP.
 

gokkie

Senior Member
PABnononaccred
Do the math - you (at 95% RTP) would expect wagering that 2400 to cost you 120, so you'd be better-off carrying on. Your bonus/cash ratio shouldn't make any difference as most casinos don't calculate the bonus WR on partial cash/bonus per spin, but on the whole value of the spin which comes off of the WR.
If that's the case, find a low-variance slot and carry on and you should be circa 60 better-off than now when WR is met.

IF the bonus is only coming off on WR at 1/3 of the value of each spin (which doesn't seem likely) then you'd effectively be wagering 7200 so would lose 360 and be 180 worse-off at 95% RTP.
3€ is deducted from the wagering requirement per spin not 1/3 of 3€.
 

gagamel

Professional smurf hunter
MM
Do the math - you (at 95% RTP) would expect wagering that 2400 to cost you 120, so you'd be better-off carrying on. Your bonus/cash ratio shouldn't make any difference as most casinos don't calculate the bonus WR on partial cash/bonus per spin, but on the whole value of the spin which comes off of the WR.
If that's the case, find a low-variance slot and carry on and you should be circa 60 better-off than now when WR is met.

IF the bonus is only coming off on WR at 1/3 of the value of each spin (which doesn't seem likely) then you'd effectively be wagering 7200 so would lose 360 and be 180 worse-off at 95% RTP.
Or not, who knows.

He has this money now and all spins in the future are unforeseeable.

With or without maths:)
 

Valhalla

The Professional
MM
WITHDRAW! WITHDRAW! WITHDRAW! :eek:

Without a shadow of a doubt, I would always withdraw 5x my deposit if and where applicable :D
 

dunover

Unofficial T&C's Editor
Staff member
webmeister
PABnonaccred
PABnononaccred
CAG
mm3
3€ is deducted from the wagering requirement per spin not 1/3 of 3€.
In that case you are EV+ to cash out more than you are doing now. I'd play on, on the bonus/cash ratio you are quoting you can still cash out later anyway before meeting WR if things don't go your way..:)
 

gokkie

Senior Member
PABnononaccred
Well what do you know?
I cashed out, made a few small deposits without a bonus and cashed out 900€ more! :lolup::thumbsup:
I posted a nice screenshot in the winners screenshot session. A huge base game hit on the turd (Creature from the black lagoon)

So I guess it was the right decision ;):p
 

chayton

aka LooHoo
webmeister
PABnonaccred
CAG
Well what do you know?
I cashed out, made a few small deposits without a bonus and cashed out 900€ more! :lolup::thumbsup:
I posted a nice screenshot in the winners screenshot session. A huge base game hit on the turd (Creature from the black lagoon)

So I guess it was the right decision ;):p
lol I am SO glad that you're smarter than me! :thumbsup: Good going, keep up the good work!
 

Tirilej

Still a Lady
CAG
MM
So now we have all learned one important thing from this thread:

Don't follow any advices from dunover :p
 

Nifty29

Dormant account
WITHDRAW! WITHDRAW! WITHDRAW! :eek:

Without a shadow of a doubt, I would always withdraw 5x my deposit if and where applicable :D
Excellent advice.

Right from the Nifty Playbook :D

One of the biggest issues with us gamblers is lack of bankroll management. Remember, if you cash out 5x your deposit, that's 5 more sessions you can have later!!
 
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