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CASINO ADVANTAGES
Online casinos come with betting requirements that ask players to bet 2-10 times their original deposit before cashing out on a bonus. Letīs say Kyle
Smith decides to make an initial deposit of $200 with the promise of a $100 bonus. In order to receive that $100 bonus, he will have to bet between $600
to $3000 dollars before seeing the bonus money. Suppose Kyle Smith is playing Blackjack with basic strategy under Atlantic City rules with a 0.43% house
edge. Following these figures, he should expect value in losing between $2.58 and $12.90 before being given the bonus. This means he could earn a profit
of $87 to $97 on a $100 bonus. Online casinos consider this scenario a form of bonus abuse where players do not bet more than the stated minimum. In
order to beat bonus abuse, one more play 2-3 times more than the online casinoīs stated minimum. This will allow the Roxy Palace casino, the Golden
Palace casino, or any other reputable gaming establishment to welcome you with open arms.
The amount Kyle Smith cashes out depends on the standard deviation he is willing to accept. This coincides with the size of bets made. Letīs say Kyle is
overly cautious and decides to place many small bets to reach his betting requirements. This will ensure he ends up closer to his expected EV. Making
larger bets would guarantee more money lost or a bigger profit gained. In the long term, the expected value should expect to stay the same if Kyle is
using basic strategy playing at a reputable casino with a fair house edge. Our recommendation as upper tier gamers is to bet high and accept a high
standard deviation in order to make the casino your friend. A crazy Kyle depositing $200 on a $100 bonus to bet 8000 hands of Blackjack on $1 per hand
to reach your minimum betting requirement will frustrate casino authorities. Accept the notion that you will lose part of your first deposit, while at
others, you will win a noticable amount. Conducting bonus abuse to reach your bonus money does not give the Swiss Casino a fair chance at winning your
money. Both parties expect to out-do the other at some point in time. By playing at multiple casinos, you are almost certain to come out on top.
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