| Posted by: Sirius at April 29, 2003, 12:57 am | | Topic: Havanah Club Casino Forum: Winner Online |
I don't think it's clear that they prohibit these games but others may disagree. Most casinos just do not count them towards the wagering requirements.
The player completed the wagering requirements so I don't see how it justifies oiding the bonus and winnings. The terms seem to allow withdrawing early and forfeiting the bonus but I missed this before. In this case it might make sense to disallow games in case a player used the rule to his advantage and withdrew before completing the requirements (treating the bonus as a non-cashable one).
This gets a bit confusing though when you consider players withdrawing before completing the requirements. If the bonus was non-cashable, the player could make an amount approching it if he aimed for a high cashout amount. Whenever he withdrew and the bonus was removed, he would have made an average profit in the long run of nearly the amount of this bonus. To maximise this amount, he would either have to play a ery low house edge game or a game with high payoffs with a reasonable percentage return. If he played the same way but the bonus *was* cashable, the average return isn't affected ery much and it never exceeds the bonus amount. So in effect the bonus is diminished if you play this way on top of the requirements.
The only way to gain an advantage is to withdraw before completing the requirements so you don't have to be under the wagering terms which, on average, will lose the player a set amount due to the house edge of the game (assuming you play the lowest house edge game that counts towards the requirements). The rules of Havana seem to allow you to play it as a non-cashable bonus described above and so bypass the wagering requirements. This is because the terms just say you can't withdraw the bonus but it doesn't say you can't withdraw the rest- a lot of casinos don't allow any cashouts before the requirements are met. This player didn't gain any advantage though, since he completed the requirements.
Got2Bet, regarding your last post, I was just explaining using your example how the casino can't be at a disadvantage from a player's bet at a negative expectation game. Why did you say they would be robbing the casino? Usually, a player has to complete wagering requirements before withdrawing anything so if he played these requirements on top, the house would have made more money on average than if he hadn't played any games not included in the requirements.
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