Originally Posted by phatstax
So titan poker is running a casino promotion in which you get 30% of your casino losses refunded up to $1000. Now in the fine print in the terms and conditions it says you have to wager 20x your bonus to cash out. Is this profitable to play blackjack? If so, whats the most profitable way to play? (max bet is $500)
If it's as you say it is, it is profitable.
You should max bet until you lose $1,000 or reach a target you're comfortable with (utility function).
If you do lose, you should roll over the refund slowly, small bets to insure you get as much back as possible, should be in the neighborhood of $270 returned.