Texas Calculatem and Poker Office Blog

The Acorn and Juice are shooting ahead and leaving me behind. I'd really like to catch up but don't have the skills and will be too busy in the next few weeks. This weekend I'm off to Budapest and after that will be moving to Balham where I'm keen to try out Mr Acorn's recommended Bubble and Squeek.

Moving onto more positive stuff I have another potential bit of free money for my loyal readers. (888.com's Casino on Net are offering new clients a 100% bonus up to $200. However, they must wager the $200 welcome bonus 20 times over before making any withdrawals. Using the Simple Jacks or Better Strategy players can expect a 99.46% payout.

Doing the sums...

A player can deposit $200 and get $200.
In order to complete to complete the 20 times wager requirement the player must wager $200x20=$4,000.
Assuming an expected 99.46% payout the player can expect to achive a return of $3978.40. i.e. They expect to lise $21.60.
Therefore someone doing the offer can expect to profit buy $200-$21.60 = $178.40.

This offer should therefore be profitable.

However, before doing this please note a few things.

- My sums do not account for volatility in returns. If your balance fluctuates to zero or below you've lost. You can reduce the volatility by reducing your bet size.
- You could be unlucky and lose anyway.
- My sums could be wrong.
- Players should check that they play games that are eligible for completing the 20 times wager requirement. Blackjack and Roulette do not comply. Players should check the terms and conditions for themselves before starting.

Other than my disclaimer above (I'd feel very bad if someone did this and lost) I'd like to wish you all good luck. I already have an account with them and can't do it. The last casino bonus that I did was the 7Sultans 15 minutes free session. I think about 3 of us did it. 2 came out with nothing (but didn't lose either) but the Juice won about $300.

Click here to take advantage of the offer.