If you're serious about making money, the three 7 of spades $5000 prize definately raises the odds for their blackjack game over 100%. It's pretty cool, but you need to know how to play blackjack.
I think that there is a parallel with the free flash slots. The long term payout of free flash slots is around 99%. This long term payout assumes that you play long enough to hit a fairly sizeable jackpot. Something on the order of $2,000-10,000. Once you hit the jackpot, the payout on the slots is around 99%.
The short term free flash slots payout (the stuff you experience on your day to day play before you hit a jackpot) is around 95%.
The trick is to use the deposit bonues to increase the short term payout to around 98%.
Now, to get that jackpot, you need make alot of bets. You'll probably be down $1,000-$2,000 dollars, which is kind of a bummer.
But all is not lost, the jackpot will push your long term payout up by 4%. If you can maintain a short term payout of over 96% (using the deposit bonuses) the jackpot will push you up into the magical land of greater than 100% payouts.
So, the answer to the question is yes. Just make sure that you're always getting a deposit bonus. Luckily, Commodore casino generally gives repeat players a 125% deposit bonus.
You depost $100 and you get $125 worth of chips.
If you bet once, you'd get the following payout:
- Deposit $100
- get $125 worth of chips.
- $125 x (.95% payout odds) = $118 payout.
- $118 winnings on a $100 deposit = 118% payout.
Unfortunately, it's not that easy. You have to make 8x wager requirements, so that free $25 bonus is really spread over $800 of wagers. So, it's really only going to raise the payout by 25% / 8 = 3.1%.
- Deposit $100
- get $125 worth of chips.
- $825 worth of bets x (.95% payout odds) = $783 payout.
- $783 winnings on a $825 bets. $800 of which was your money.
- Payout = 783/800 = 97.6%.
Now the key thing to remember is that hitting the jackpot will raise the payout by 4%. So,
97.6% + 4% = 101.9%!!! Yeah baby :)
The key thing is to have disipline, and only make deposits when you can get $125 for each $100 you deposit.
