This thread is inspired by this comment by Andy
Now I'm 5 casino offers in and how many offers I do between now and xmas depends on how well it goes and how much spare cash I have to throw at it. I simply donít have the bankroll some of you have but from a newbie perspective going softly softly cherry picking the offers as and when I have the money it could be a nice little guide for others reference in the future, and allow them to judge for themselves if itís worth it.
The table and graph.
So basically what I have done is document the offer the green section contains all the relevant info needed from who the offer is with, the amount deposited to receive the offer, the bonus amount, and the wagering requirement to unlock it.
The red section contains the EV amount as calculated by a variance simulator or an estimated figure this is basically the amount you would expect to withdraw if you did the offer 100000 times. The next column is the real amount I ended up with.
Finally the blue section contains the running totals for the expected EV and for the amount I have actually gained from doing the offers, these are the numbers that are used on the graph and calculate the mythical line Andy talks about. As you can see my £50 loss at 32red on my last offer has set me well below the line if I walked out with the expected total I would be on £102 pretty much right on line so the small sample size is naturally throwing the experiment off at the moment.
Now i have thought about it and decided that it would be a cool idea as Andy suggests to track more data so if anyone wants to add to the data pool you can either post it here or PM it to me. If you provide the following info that would be great.
Link to offer:
Outline of your Strategy:
If anyone has anything to add, suggest or improve then feel free to do so.