| Posted by: terrellk11 at June 2, 2006, 6:13 am | | Topic: Neteller points question.. Forum: Bonus Whores | luckyfish wrote: Why does everyone always want to dump all their points into one raffle?
This is clearly worse EV than splitting it up.
Take for example you have four raffles to choose from with each 1000 tickets besides yours and you have 1000 tickets to spend. Spending them all at one raffle will give you an EV of 0.5 raffles won, while spending 250 on each of the four gives you an EV of 0.8 raffles won and you will win at least one 59% of the time which is clearly better.
The point is that you will increase the number of tickets with participating, so your $/ticket goes down when you spend many of them into one raffle.
The problem is that even someone with 4 million points and dumps them all into one raffle is still only going to have a small fraction of a percentage of the number of tickets in that raffle, which can be in the hundreds of thousands of tickets. The change in EV is so small that the difference doesn't really matter. | | Static Link |
| Posted by: luckyfish at June 2, 2006, 4:28 am | | Topic: Neteller points question.. Forum: Bonus Whores | Why does everyone always want to dump all their points into one raffle?
This is clearly worse EV than splitting it up.
Take for example you have four raffles to choose from with each 1000 tickets besides yours and you have 1000 tickets to spend. Spending them all at one raffle will give you an EV of 0.5 raffles won, while spending 250 on each of the four gives you an EV of 0.8 raffles won and you will win at least one 59% of the time which is clearly better.
The point is that you will increase the number of tickets with participating, so your $/ticket goes down when you spend many of them into one raffle. | | Static Link |
| Posted by: wernerw at June 2, 2006, 1:04 am | | Topic: Neteller points question.. Forum: Bonus Whores | ajk123 wrote: then again, if they never do, i guess when/if i ever decide to stop playing online poker, i'll just dump em all into one of those raffles at once..
STOP PLAYING ONLINE POKER????????
That's a good one
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I'm a lusty whore, so don't flame me if I lose money being lusty. | | Static Link |
| Posted by: ajk123 at June 1, 2006, 10:45 pm | | Topic: Neteller points question.. Forum: Bonus Whores | I have 2.8M. i don't think it's worth it to enter the draws. hoping to save it for when/if they have some real options for the points. they've made a ton of money off me, that's for sure. i think i got an e-mail a while back telling me that i'm in their top 1% of customers.. they can afford to offer me something decent for my points...
then again, if they never do, i guess when/if i ever decide to stop playing online poker, i'll just dump em all into one of those raffles at once.. | | Static Link |
| Posted by: Alphaunit1 at June 1, 2006, 3:32 pm | | Topic: Neteller points question.. Forum: Bonus Whores | Some people over at 2+2 have won their drawings, they posted screenshots showing the entry, so the drawings are for real. Need to keep in mind how few people actually win anything from them per month.
I'm at around 3.5M netpoints right now, have no idea if I'll ever bother to enter one of the giveaways or not. | | Static Link |
| Posted by: HeelHo at June 1, 2006, 2:55 pm | | Topic: Neteller points question.. Forum: Bonus Whores | i think you need 100 million to even approach much EV. save them, one day they may have a store, but right nwo they arent taking competition seriously by offering the customer much beyond the debit card.
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If it's a miracle, Colour Sergeant, it's a short chamber Boxer Henry point 45 caliber miracle.
And a bayonet, sir, with some guts behind. | | Static Link |
| Posted by: terrellk11 at June 1, 2006, 1:04 pm | | Topic: Neteller points question.. Forum: Bonus Whores | | I haven't used mine yet. I figure I'll save them up until I have a truly absurd number (only 450k right now, which I'm sure is small potatoes compared to more experienced whores) and then just dump them all in to one of the raffles. | | Static Link |
| Posted by: SlapDash at June 1, 2006, 12:59 pm | | Topic: Neteller points question.. Forum: Bonus Whores | Good question!
I've been throwing these points into the cashaways and won the proverbial big fat zero on them. Got a feeling the Neteller site says that points can be used for the cashaways and other promotions offered, or something like that. Anyone ever been offered anything or is this just a load of bollocks?
And yes, this is probably my all-time low posting on this site as I basically just rephrased the question. Those points just seem to be in my face every time I log in to my account... Don't keep us in the dark if you know what to do with them!
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Whory-whores, come out to play-ay! | | Static Link |
| Posted by: jhess888 at May 31, 2006, 9:51 pm | | Topic: Neteller points question.. Forum: Bonus Whores | | Im sorry in advance cause this has nothing to do with poker but what does everyone do with all those neteller points. Do u sign up for cash give away drawings and has anyone ever won $ from these or do you do something else with all them points. Thanks for the info. | | Static Link |
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