I just did the betfair casino welcome offers, I would really appreciate if someone would check or comment on that, in case I approached it wrong somehow.
My bankroll is 5k, and I decided to take some MB income into casino bonus abuse.
First offer was 100% on 40x(D+B) WR. As I didn't know the maximum bet size accepted on roulette, I took the offer for 60$+60$. (in demo play max was 120 on my target bet).
I figured out (of course beforehand) that a double up would be EV-5$, and a triple up EV+15$. However I decided to go for Six Line EV+36$, and Kelly allows a max betsize of 340$ given those odds and bankroll. So 60$ should be fine.
First reload was then a 50% bonus on 40x(D+B) WR, which I took for 80$+40$, heading again for Six Line (as I still believed that 120$ was max bet size). EV+16$ - but also the lowest odds with positive EV. Kelly allowed 155$. Looked ok for me.
Second reload again a 50% bonus, now I didn't forget to check max bet size (was 5k), so I was heading for max bonus and took the offer with 100$+50$. EV+20$ with Kelly allowance 155$.
Odds where 6.0 (6.16 fair) on Six Line, and of course I busted out each time.
Only mistake I could find is not maximizing out bonus amount (as I didn't know max bet size allowed). Are there any comments on game play ?