when to cash out?

[jerrylee]

The idea is, at what point do you cash out or play strategically to avoid being branded a bonus hustler ?
Let's say you've deposited once at a CM accredited Playtech, then cashed out for 3x your deposit via mostly BJ, though also trying slots and losing some there.

A month after sign up, you're awarded a small (under $50) no deposit bonus, exceed the WR, don't play excluded games, try slots again, and manage to increase your bonus by 6x.

Then you cash out. But thinking you might be labelled a bonus hustler, you reverse the cash out, knowing you might get reckless and lose it all. Still, returning once more, you win some more and end up with 7x the bonus.

Now if you cashed out, would you leave let's say $20 and squander it on slots, or leave the balance as is for while, playing again later in the week?

The question is - let's say you love this property but your neteller account is empty, so can't readiliy deposit again-and don't want to use credit card (cash advance fees), how would you play the field? You want to avoid being locked out, as overall you're up by quite a percentage. Net gains in dollars is relatively low at a few hundred dollars, but the experience is wonderful, well worth the time spent.

Are you at risk, or would only big winners (thousands of dollars) be targeted?

 

[Simmo!]

My take is it may be easier without a bonus using what I term a "cash and go" strategy. So you start with say $100 $1.35 a spin and every time you hit a $20 or more payoff you cash it out. Adapted yto suit obviously.

I play this way a lot with say a $500 deposit playing at $4.50 a spin or more. I set goals and every time I hit one, I cashout a set amout normally equivalent to 75% of the difference/win. IE: I hit a $100 win, I cash out $75. Or my balance hits $750, i cashout around $200. I find with bonuses you can't play that way generally due to cashout restrictions.

 

[soflat]

I don't see any reason not to cashout whenever you feel like it. And leaving $20 in the account for the purpose of avoiding being labelled a bonus hustler is a waste of a good $20. Non bonus hustlers cashout too you know.

 

[Addisyn]

I simply don't understand the term "bonus hustler". Aren't the casinos the ones hustling us to deposit in their casinos enticing us with bonuses?

It is a relationship which benefits both parties. They get us to put our money into their casinos and if we get lucky enough to meet the WRs we get to withdraw.

I prefer the cash and carry approach too. When I win I know it is my money. I cash out when I have double my deposit. Say I deposit $100 and my balance gets up to $200. I cash out my deposit so I am now playing on the casinos money. From there I just wing it.

When I finally decide it is time to cash it all out I do so and uninstall the casino. I make a notation I have a withdrawal pending. I will not play that casino again until my withdrawal is in my Neteller account.

 

[vinylweatherman]

Hustler

I believe the main way to avoid the hustler tag is to not open an account at another of their properties till you have deposited again at the first after the cash-out.
The less reputable casinos will be looking for an excuse not to pay, and the only way to avoid the tag here is to lose the first deposit and bonus altogether, or not play at all.
If you ARE a bonus hustler, but are trying not to be too obvious, then the above strategies will work to an extent, however, do not use a set pattern over time, as this can eventually be spotted as a means of trying not to be spotted. This seem a particular problem with Playtech casinos. Be aware which casinos belong to which groups before firing off new player deposits. Look out for small print and exclusions, such as at Grand Privvy.

 

[EasyRhino]

My own personal hunch would be to occasionaly deposit and play (and withdraw) without using a bonus.

Of course, with the casinos that take a few weeks to process a withdrawal, it can be difficult to find any time that isn't covered by either a bonus, or processing time.

 

[mgibson99]

When I finally decide it is time to cash it all out I do so and uninstall the casino.

You posted this strategy in another thread also. I am very curious as to the purpose of uninstalling the casino software. I can't imagine why you would uninstall the software everytime you cash out. Would you mind explaining.

 

[jerrylee]

I am very curious as to the purpose of uninstalling the casino software. I can't imagine why you would uninstall the software everytime you cash out. Would you mind explaining.

I bet it's a self exclusion strategy, as depositing is so tempting.

In the meantime, after reversing the PT cashout, I played some more and finally said it's enough and actually gained a little more, then cashed out again, same day.

Then I told myself no more playing for the rest of the month. But today I logged in again, enjoyed the live dealer play (it's my favourite feature), tried slots and even BJ Switch. Seeing that the balance is winnings without bonus, I can play any game I like..ha!

 

[jerrylee]

leaving $20 in the account for the purpose of avoiding being labelled a bonus hustler is a waste of a good $20.

True enough! Too bad, after a mini hot streak at $1-2/hand in BJ Switch (not restricted game, wasn't playing with bonus) I upped to $4/hand and busted quickly. Account balance is near zero again.

 

[babs7262]

I do the same thing as Addy

I do the same. I usually uninstall after a cashout so I am not tempted to do a reverse w/d. In my personal experience, everytime I win enough to have a decent cashout and continue playing at the same place, I lose what I leave in pretty fast, so I uninstall and put a small amount in another casino

I do have 2 casinos installed all of the time because I enjoy those casinos, but I understand what Addy does

I dont play with bonuses, so I dont have to worry what anyone thinks at the casinos because its my money. Bonuses are like going to a job and trying to get in your 40 hours before you get paid, that's work to me, not fun

Thats why I always did cash jobs lol, I worked, got paid, end of story!!

 

[mgibson99]

I do the same. I usually uninstall after a cashout so I am not tempted to do a reverse w/d.

I thought that might be case, so now I have a follow up question......you can always re-install the casino software if you want to reverse a w/d, right? That being the case, you are relying on your willpower not to reinstall the casino, right? Why can't you just rely on that same willpower not to reverse your w/d? I still don't see how the extra 2 minutes to reinstall a casino is that much of a deterent to reversing a w/d. If you're getting a serious urge to gamble, you can reinstall the casino almost as easily as reversing a w/d. If it works for you that's great and I'm happy for you, but again I'm just curious.

 

[babs7262]

valid question

Because I have the other 2 casinos that I mentioned. When I cash out it is usuallly because Im ready to move on for a bit and if I have the casino installed, I might be tempted to just say, "i may as well play with money that's already in" before I know it, I use all of it when I was just in the mood to play $20. Sometimes I get impulsive, so I have to do things in a certain way to control my OCD Better to know and accept your short comings than to deny and be in trouble !!!

OH.....I got a good non bonus user motto, ready???...................

Gamble with your own, get paid
Gamble with a bonus, get played

whatcha think?

 

[GrandMaster]

I I still don't see how the extra 2 minutes to reinstall a casino is that much of a deterent to reversing a w/d.

Reinstalling a Microgaming casino is not a 2 minute job. But then most of them have a flash version.

 

[Addisyn]

I have an extremely fast computer with a cable connection. Downloading and reinstalling casino software is less than a few minutes for me. The reason I uninstall the casino software is so I am not tempted to reverse my withdrawals. When they are just sitting there so easy to reopen and click on reverse withdrawal I will do it. Yes I have issues.

I suppose you could correlate my behavior to someone who uses a lucky charm, or counts when they bet (I do that) on slots, or just about any other idiosyncrasy one might have when playing online casinos. I think we all probably have one or two.

You posted this strategy in another thread also. I am very curious as to the purpose of uninstalling the casino software. I can't imagine why you would uninstall the software everytime you cash out. Would you mind explaining.