Question Theoretical question to Rival players

[Dipity]

Just had this promotion through my email:

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

Deposit €35 and we will credit your balance with an additional free €6,965 - giving you a total balance of €7,000 to play with. Your challenge is to get your balance up to €70,000 playing ANY game you wish and then cash it all out. It's really that simple.

As an added bonus, if you don't make it to €70,000 the first time, you can try this promotion again as many times as you like! Are you up for the challenge?

This promotion expires October 5th, don't miss your chance at taking home €70,000!

I checked the terms and they are:

Get a 19900.00% bonus on your next deposit or by reversing a withdrawal! You must deposit or reverse a withdrawal of at least €35.00 to qualify.
The maximum bonus amount is €6965.
0.01x (deposit+bonus) playthrough
Playthrough is the amount that must be wagered (put at risk) before you may cashout. It is a multiple of your deposit or a multiple of your deposit plus the bonus. For example, "20x deposit" on a deposit of €100 means playthrough is €2000. "20x deposit + bonus wagering" on a deposit of €100 with a bonus of €100 means playthrough is €4000.
Unless otherwise stated, 1 credit wagered in a game counts as 1 credit toward playthrough requirements. Play at the following games, and any variants, does not count towards playthrough requirements and winnings may be considered null and void: Game Type: Slot Progressive.
You must win at least 10.05 times the amount of the bonus before a withdrawal is allowed.
You may only make a withdrawal when your balance is greater than your starting balance plus any deposits or withdrawal reversals, plus your bonus, plus the win amount of 10.05 times the bonus, plus any converted comp points. For example, if you have €100 in your account and you deposit €20 and receive a €20 bonus with a 1 x bonus win requirement, you may withdraw when your balance is greater than €160.
A maximum cashout of 10.05 times the bonus applies.
A maximum cashout applies. For example, if you receive a €10 bonus and the maximum cashout is 10x the bonus your maximum cashout is €100. Any balance remaining after your cashout will be removed from your account.
If your balance is greater than the maximum cashable amount the remainder will be removed automatically on cashout.

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?

 

[LaHutti]

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.

 

[Ginske]

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...

 

[LaHutti]

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

 

[Dipity]

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....

Deposit €50 and we will credit your balance with an additional free €9,950 - giving you a total balance of €10,000 to play with. Your challenge is to get your balance up to €100,000 playing ANY game you wish and then cash it all out. It's really that simple.

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

 

[Nifty29]

.....and the kicker is......the max bet restrictions.

 

[Dipity]

.....and the kicker is......the max bet restrictions.

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.

 

[Balthazar]

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.

 

[Balthazar]

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.

 

[Mousey]

.....and the kicker is......the max bet restrictions.

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.)

 

[Balthazar]

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.

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.

 

[Nifty29]

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.

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.

 

[Balthazar]

Actually, upon reading the terms again, it states you must have:

1xdeposit + 1xbonus + 10.05xbonus

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.

 

[Balthazar]

So did anyone try this bonus? I'd be curious to know the details, especially how much per spin you were allowed to bet.

 

[ksech]

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...)

 

[LaHutti]

Nah, the bonus is "only" €6,965

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...)

 

[KasinoKing]

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...)

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

 

[vinylweatherman]

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.