https://www.pokerstars.uk/casino/promotions/cash-back/

Available for a limited time only, players who opt-in to this special offer will automatically receive 10% cash back on losses made at our Casino tables, each week for four weeks.
How to claim your Casino cash back

To take part in this promotion and receive 10% of losing Casino wagers back to their PokerStars account, players need to opt-in by entering the Star Code ‘CBACK’. Once you have opted in, you will be eligible to receive your money back once per week for the following four weeks:



In order to qualify for the cash back offer, players must have lost $50 or more playing Casino games at PokerStars during the qualifying week. The maximum payout for cash back is $1,000 per week.

Players who opt-in and meet the qualifying criteria can make use of this offer no more than once per qualifying week. Refunded cash will be paid into player accounts within 24 hours, and will expire within seven days if unused.

Does anyone know what "used" means in this sense? Can we transfer it to our Poker accounts and be done with it?


What's the best way to approach this offer? Just a $1k bet on black each week for 4 weeks?

It's not exactly an offer to get excited about, if you're planning on playing casino anyway then yeah, enter the code. Other casinos have similar stuff running all the time.

From support:

WRT the best way to approach the offer, some theory:
http://wizardofodds.com/gambling/loss-rebates.pdf

See the appendix for how to play with a $100 bankroll. First column is the bet amount you choose then you should keep betting if bankroll is between 2nd and 3rd column, stop otherwise. 4th column is your EV.

To summarize with the max bets on Pokerstars, I guess you will maximize the EV by playing blackjack (up to $2500 a hand) but if you dont want to bother with a chart, roulette is fine, especially for small bankrolls.

Blackjack ROI: approx 6.35% (up to $2500 bet), maybe a little more on the double deck tables.
Roulette ROI: from 4.05% for dozen/column bet (up to $2500 bet) to 7.03% for straight up bet (up to $100 bet)

Plus like 0.13% worth of FPPs in roulette per bet and 0.01% in blackjack using $0.016 per FPP.

If someone can confirm all of that..

Easier to work in $ right?

Betting on black we win 18/37 right? Or 0.48648648648

40000*0.48648648648*2=38918.9

40000*(1-0.511734)*2=39061.3

We should lose 2/4, so 2000*0.1=2000 cashback

EV is looking to be barely $1000 for $40k of variance, my ROIs are lower than yours, I probably did something wrong?

You can not make 10k bets, 2.5k is the maximum. This will lower your EV A LOT for a total wage of 40k on roulette. Actually I think you will earn only ~$200 in this case. (saying that using the chart that says 0.486% ROI if you bet 1/5 of your roll) It is not worth it to make several roulette bets each week.

You can apply your numbers for 4x 2.5k bets total tho (1x2.5k per week), your EV is then $243.

But betting on black (18 numbers) will give you the worst roulette EV while straight up (pick 1 number) will give you the best. The less numbers picked the higher ROI as you will use the cashback much more often.

Yes with black/red, you will get 2.43% ROI (so up to $243 with 4x2.5k bets total) but this goes up to 4.05% ROI if you bet on 12 numbers (so up to $405 with 4x2.5k bets total) and it will give you the best roulette EV as you can not bet that much if you pick less numbers. For example straight up (pick 1 number) is the best if you only want to risk up to 4x$100. ($28 EV)

With blackjack you can get $635 EV for 4x2.5k bets total and I guess around $1480 EV if you're willing to risk $40k. It makes sense in blackjack to make several bets if you reaaally want the highest possible EV and are ok with losing over 17k.

Obviously the variance is going to be huge compared to the EV on any choice but hey, it is not every day that Pokerstars give us something +EV.

Hmm, who's in for 10k$? Would be interesting to know :P

http://www.fulltilt.com/promotions/c...ino_GOTW_APRIL

anyone calculated the EV$ of the FTP promotioN?

*edit: How easy is it to play blackjack more +EV$ without knowing much about the game than roulette?