My Blog - How did i do?


In my beginners bonus whore section I have claimed that you should win roughly $1400 from doing the top ten casino bonuses. So how did I do? I have written below my first attempt at casino bonuses. I made some mistakes, and followed a blackjack strategy guide that I wasn't totally confident in. But in the end after doing only the top 7 casino bonuses, I'm up $910, and I'm looking forward to the monthly reload bonuses.

Casino On Net

8/21/2007 11:42:15 PM - Result +0

Casino on net offer 100% up to $200. I started with $400 and  betting $5 a hand I wasn’t far off the wagering requirement with $350 left. I went on a horrendous run where the casino won 75 out of 80 hands, and I lost all the bonus. I cashed my deposit back out, so I lost nothing, but I was disappointed and began thinking $5 a hand may be too much.

Running total:$0

Casino Review

Ladbrokes Casino

8/21/2007 11:56:20 PM - Result +$260

Ladbrokes offer 100% bonus up to 100 pounds. I began with 200     Pounds, and bet a reasonable 2 pounds a hand. The wagering requirement is very low, and wasn’t too long before I had completed it. I finished up on 230 pounds.

Running total:$260

Casino Review

William Hill Casino

8/22/2007 12:00:19 AM - Result -$100

William Hill offers a 100% bonus up to 50 pounds. I began with 100 pounds and bet 2 pounds per hand. After getting down to my deposit amount, I asked a friend who had done the bonus whether they allow cash out of your deposit, he said no you must complete the wagering requirement. What the hell I guess I’ll have to go for it I thought. Unfortunately I busted out and lost my 50 pounds.

Running total:$160

Casino Review

Golden Palace Casino

8/22/2007 8:36:55 AM - result +$435

Golden Palace casino offers what I think is the best value bonus on the net, 300% bonus. I began betting $2 a hand, but upped it to $5 as it was taking too long. I went on a good run got up to a high of $730, before cashing out on $535 after completing the wagering requirement.

Running total:$595

Casino Review

Bet365 Casino

8/22/2007 9:48:18 AM - Result +$145

I already had a bet365 poker account so all I had to do was transfer $200 from my poker account to my casino account and as they offer a 100% bonus I began to play with my $400 stack. I had completed about 1/3 of the wagering requirement when I went on a bad run, I credit my bad blackjack strategy guide, (the one we have provided I believe to be the best). I was betting $5 a hand and got all the way down to my $200 deposit. Believing I could just cash it out I left it there meaning to transfer it later back to my poker account. Fast forward to a month later, I go to transfer the money only to realize that I had to complete the wagering requirement before I could withdraw anything. I asked live chat, which is a handy tool, where I was told I still had a further $3200 to wager. Bad news for me. I decided to go all or nothing and bet $10 a hand. I won about 17/20 hands and got up to $350. I decided to reduce my bet and grind out the bonus, which I did. Finishing up on $345.

Running total:$740

Casino Review

Casino Club

8/22/2007 9:50:03 AM - Result +$140

Casino club offer a 100% bonus up to 100 euro. The wagering requirement wasn’t too high, I gave it a go. Starting with a 200 euro stack I decided to change my bets to 2 handed BJ betting 2 euro a hand. I cleared the wager requirement after about 2 hrs, and cashed out on 180 euro.

Running total:$880

Casino Review

City Club Casino

8/22/2007 9:52:54 AM - Result +$170

Up until now I’d only tried blackjack bonuses, I was happy that the casino only had a 0.5% edge in blackjack. Slots however have a casino edge of about 3%. Doing the math’s it seemed like I’d still make money so I tried the City Club Casino Slots bonus. City Club offers a 400% bonus up to $100. So after depositing $100 I began play with my $500 stack. The wagering requirement is 20 x the bonus and the deposit, meaning I had had to wager $10,000 to release the bonus. Mathematically I should be left on $300 stack after finishing the bonus as the city club casino slots have a 2% edge. This turned out to be relatively accurate. I cashed out on $270.

         

Ps. It took a whole day to clear this bonus!

Running total:$1050

Casino Review


That's it for now, I've only done 7 bonuses and I'm up $1050. Not bad, but I did make mistakes, especially by betting to big. I'll update my blog very soon as I plan to do many more bonuses. If you're still skeptical just try the easy bonuses. Golden Palace is a good start! Remember you can start with a very small bankroll $100 is fine; you can even start with less.

 Whats a Bonus Worth?

Caculating what you should win

A typical bonus is say 200% of your initial deposit. But it must be gambled 20 times before you can withdraw it.

In online Black Jack and some slots, the casino rarely has an edge of over.5%.

Bonus Calculation
  • $150 deposit you play with $450
  • Wager = 20 x $450 = $8500
  • House edge 0.5% of $8500 = $42.5

So assuming your nieither lucky nor unlucky you should make $257.50 out of this particular bonus.


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