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  #1  
Old 03-03-2013, 05:43 PM
symbian11 symbian11 is offline
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Default bonus whoring as main income source

Dear fellow whores

I would like to know about your experience with recurring bonuses.
The welcome bonuses are normally a nice thing to have and can bring a few hundred dollars a month, but the real money comes from deposit bonuses that are granted for every deposit (mostly 10-25%).
Have I been just lucky so far and there is an error at some casinos or is it normal that they add those bonuses every time?

For the last 4 month I could easily live from those smaller bonuses.

looking forward to your replies,
Chris
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  #2  
Old 03-03-2013, 10:52 PM
hongkor hongkor is offline
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wondering why you are asking.

if you are asking because you are considering quitting a "normal job", i suggest that you do not be rash.
it sounds like you have been playing for only 4 months and that is probably a timeline too short to make such a decision.

casinos might not continue to have the same amount of bonuses for you indefinitely.
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  #3  
Old 03-04-2013, 10:54 AM
Poppy Poppy is offline
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Quote:
Originally Posted by symbian11 View Post
Dear fellow whores



For the last 4 month I could easily live from those smaller bonuses.


Chris
Do you live in a cardboard box with no overhead?

Maybe you could get the casinos to pay your 401K directly from your winnings.

Last edited by Poppy; 03-04-2013 at 10:59 AM.
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  #4  
Old 03-04-2013, 12:16 PM
symbian11 symbian11 is offline
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I did not quite understand your last comment but I am a student living in a single household without great expenses so 1-2k a month is sufficient for me.

Since I am a college student I don't think of quitting my job, but I was just wondering if there is anybody who has earned the above mentioned bonuses for a longer period or if I have to expect the bonuses to stop.

regards, Chris
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  #5  
Old 03-04-2013, 01:08 PM
hongkor hongkor is offline
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wow, you can make 1-2k from recurring bonuses a month with just 4 months experience?
you must have a large bankroll or be really lucky.
or you know something that i don't.


bonuses have generally dropped greatly in quality over the years. ( lower expected profit/ higher risk tolerance required )
its hard to predict if it will continue to worsen, but i think most players' opinion would be that it will still drop further.
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  #6  
Old 03-04-2013, 01:38 PM
yokspot yokspot is offline
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Yes, you would need either a high level of loss-tolerance or a time machine to average that kind of money. Preferably the time machine.
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  #7  
Old 03-04-2013, 05:07 PM
autopilot88 autopilot88 is offline
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What are the current bonushunting income ceilings [EV per month]?
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  #8  
Old 03-05-2013, 07:24 AM
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aka23 aka23 is offline
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It's difficult to give precise limits since the range depends on your risk tolerance, bankroll, and experience. As a new player, you might struggle to make your 1-2k/month goal, while other more experienced players with a high risk tolerance and bankroll could easily earn far more. As time goes on, you'll get a good feel what range of wins/losses is normal in a typical month for you and whether you want to increase your monthly EV by claiming bonuses with a higher risk of a loss.

I'd recommend focusing on your college classes and related longterm career goals and treating advantage play as a hobby that will likely provide some extra income, rather than your "main income source." As others have pointed out, even if you can make more than you need to live, then you still have an income source with an uncertain longterm future that may dramatically change from one year to the next.
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  #9  
Old 03-11-2013, 03:24 AM
jme007 jme007 is offline
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Good god, no. They will continue to dry up and it's an absolute dead end.
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