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Question Theoretical question to Rival players

Discussion in 'Online Casinos' started by Dipity, Oct 3, 2012.

    Oct 3, 2012
  1. Dipity

    Dipity Dormant account

    Occupation:
    Web Designer
    Location:
    UK
    Just had this promotion through my email:

    XXXXXXX has just added a €70,000 Challenge promotion to your account!

    I checked the terms and they are:

    My question to you is, how would you approach this bonus? High variance all the way? If so, what slots?

    Mine would be a mix of Scary Rich 1 & 2, Spy Game, Jacques Pot, Cosmic Quest, Stitch in Time, Opera Night and Pigskin Payout all the way at max bet.

    Is this kind of bonus beatable in your opinons?
     
    1 person likes this.
  2. Oct 3, 2012
  3. LaHutti

    LaHutti Sr. ÜberUnter Ass. Man. webby PABnonaccred PABaccred

    Occupation:
    .
    Location:
    East and West
    I agree on all your choices except scary bitch 1 and 2 ... those 2 will kill you, unless you get EXTREMELY lucky...well you'll have to get extremely lucky to survive the challenge either way, but those 2 have killed me more times, than I care to remember ;)
    I would add As the reels turn 1 and 2...my personal favorites, thanks to a $10.000 cashout from a $100 deposit, back in the good old days, when Rivals were open to me.
    It's a different challenge anyway, and I would probably go for it myself, if I could still play at Rival casinos.
    If nothing else, you get some fun highrolling play, at low cost, and a theoretical chance of taking the big one home ;)
    Good luck, and let's hear how it goes.
     
  4. Oct 4, 2012
  5. Ginske

    Ginske Dormant account

    Occupation:
    Sales rep
    Location:
    Belgium
    Never really got into any Rival casino so i'm not sure but whats the max bet on slots you can play?

    Anyway unless its like €0.1/spin and i'm missing something this is the sickest bonus i have ever seen in my life :s

    0.01 WR is obv neglectable and all you need to do is bring your 7K bonus to 70K ? on a €35 deposit? where you get to keep that 70K if you succeed??

    Surely i'm not reading correctly...
     
  6. Oct 4, 2012
  7. LaHutti

    LaHutti Sr. ÜberUnter Ass. Man. webby PABnonaccred PABaccred

    Occupation:
    .
    Location:
    East and West
    I was just thinking...what casino is this from ??
    There are way too many Rivals, that I would not trust with 10 cents of my money ;) Let alone a 70K cashout
     
  8. Oct 5, 2012
  9. Dipity

    Dipity Dormant account

    Occupation:
    Web Designer
    Location:
    UK
    I suppose it can't hurt to say the name, it was from DaVinci's Gold casino, and they've just mailed again this morning with an identical promotion, but this time it's....

    Terms are the same as before, but seriously, is this kind of bonus beatable? Even so, would you trust any casino to pay out 100k?

    Not taking either of these myself, but I've gotta say, the thought did cross my mind :p
     
  10. Oct 5, 2012
  11. Nifty29

    Nifty29 Dormant account

    Occupation:
    PAID CASINO SHILL
    Location:
    Turn right, then right. then right again
    .....and the kicker is......the max bet restrictions.
     
  12. Oct 5, 2012
  13. Dipity

    Dipity Dormant account

    Occupation:
    Web Designer
    Location:
    UK
    There are none - or at least none specified in the terms for the bonus on the page. All it says is progressives aren't allowed.
     
  14. Oct 5, 2012
  15. Balthazar

    Balthazar The Governor

    Occupation:
    Leader
    Location:
    Woodbury
    From what I understand, it's "70k or nothing" with no bet restriction and you can withdraw your 70k as soon as you reach it? That's only 10x your starting money, it's a HUGE risk for the casino for a small €35 deposit! If a bunch of players take this offer and the slots aren't rigged, they are going to go bankrupt real soon. Especially since you can do it again and again.

    The hell am I missing?

    In theory, you could try this bonus 2000 times and if you make it to 70k only once, you get all your money back. It doesn't make sense.

    I'd be all over this offer if I could play.
     
    2 people like this.
  16. Oct 5, 2012
  17. Balthazar

    Balthazar The Governor

    Occupation:
    Leader
    Location:
    Woodbury
    Just did some quick easy maths:

    At €100/spin, that's the equivalent of betting €1/spin with a €70 bankroll and having to reach €700. Anyone can do it with enough time and unlimited "rebuys". It won't take 2000 attempts for sure.

    At €40/spin, it becomes much harder but still possible. That's like €0.40/spin on the same bankroll and goal as the previous example. Will probably need a few 500x to 1000x stake hits to reach it.

    At €10/spin or less it becomes nearly impossible unless you hit a progressive.
     
  18. Oct 5, 2012
  19. Mousey

    Mousey Ueber Meister Mouse CAG

    Occupation:
    Pencil Pusher
    Location:
    Up$hitCreek
    That may be the kicker. Max bet sizes can be set in the software by the operator (even while you're playing LOL). Last time I played Davinci's Gold, Paradise 8, etc. (few years back) they had set my max bets on 3 reelers to $3 and $6.50 on vid slots.

    I can't believe there's something else we're not missing in this promo... The majority will bust out of course, but it looks doable to me if there's no time limit. (Though for me, getting my balance up to 10x what I start with is a thing of the past.... LOL Haven't done that in years.)
     
  20. Oct 5, 2012
  21. Balthazar

    Balthazar The Governor

    Occupation:
    Leader
    Location:
    Woodbury
    If there's a max bet size in that area then it's going to be virtually impossible to make it. That would be like starting with a €70 balance and having to reach €700 while being limited to €0.06/spin. Not going to happen.
     
  22. Oct 5, 2012
  23. Nifty29

    Nifty29 Dormant account

    Occupation:
    PAID CASINO SHILL
    Location:
    Turn right, then right. then right again
    Actually, upon reading the terms again, it states you must have:

    1xdeposit + 1xbonus + 10.05xbonus

    before you can make a withdrawal. I.e. the bonus is phantom.

    Changes things a little.

    I can't see them allowing $100 bets. If they do, they're nuts.
     
    3 people like this.
  24. Oct 5, 2012
  25. Balthazar

    Balthazar The Governor

    Occupation:
    Leader
    Location:
    Woodbury
    Interesting and important details.

    So you need to reach (1 x €35) + (1 x €6965) + (10.05 x €6965) = €76998.25 in your account before you're allowed to make your €70000 withdrawal. That definitely makes it harder and it all comes down to how much you're allowed to bet.


    €40/spin would be the bare minimum to make the bonus beatable IMO. I sure as hell wouldn't be surprised if it would be much less though.
     
  26. Oct 7, 2012
  27. Balthazar

    Balthazar The Governor

    Occupation:
    Leader
    Location:
    Woodbury
    So did anyone try this bonus? I'd be curious to know the details, especially how much per spin you were allowed to bet.
     
  28. Oct 7, 2012
  29. ksech

    ksech Dormant account

    Occupation:
    yes
    Location:
    Here
    Didn't KK do something similar to this awhile ago (I'm old and get confused easily and suffer from CRS alot!)? But I think there was a time restriction he was under? What's the max bet you can make on one of their slots? (it's been so long I've forgotten) And to be able to cashout the €70,000 wouldn't you then have to win €140,000 since the bonus is phantom? (Sorry, I've been up almost 24 hrs and my logic is confusing even myself...)
     
  30. Oct 7, 2012
  31. LaHutti

    LaHutti Sr. ÜberUnter Ass. Man. webby PABnonaccred PABaccred

    Occupation:
    .
    Location:
    East and West
    Nah, the bonus is "only" €6,965
     
    1 person likes this.
  32. Oct 7, 2012
  33. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    No - I don't think I had a go at this bonus myself. I was advertising it on my site last time they ran it (about 18 month - 2 years ago...?) - but I can't recall the exact details now. I'll go and look it up later...

    KK
     
  34. Oct 7, 2012
  35. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    Didn't ThisIsVegas refuse to pay a player that withdrew $70K after playing promotions? (not necessarily one of this type).

    As well as the max bet and minimum balance requirement, there is also the danger of a couple of sneaky rules that could be used to void such a win. The fact that you can try repeatedly until you succeed makes it a good offer, as you are betting $35 that you can get $7000 up to $77000.

    Progressives are not allowed, so no chance of making it from such a big win.

    The best way would be to play high variance at high stakes. Even though you will bust out frequently, there is still a chance to win $70K from a $35 stake. The higher the allowed max bet, the more chance there is of winning. If the max bet is set low, all you will get is loads of play time for your $35, but almost no chance of winning $70K.

    Of course, a slight error in the risk calculations, and the casino stands to lose a considerable amount. Rival operators are not best known for properly calculating the risks involved in such promotions, and many have been taken to the cleaners through gross underestimation of the risks.
     

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