Fine discussing here.

I use **** and sometimes *gulp*a progression.
The difference is online you start with an advantage, so with a decent bonus, a progression can be +EV for awhile. i.e.

At the Gamingclub, they are offering a $250 bonus for a $50 deposit on signup. That makes $300. Using a progression, build that up 100 or 200, make sure you have met the betting requirements and leave. (making a very nice profit)

Of course it's not that simple. That bonus can only be cashed out after $3750 has been wagered.

Still, for those who are just happy BHing in itself, forget the progression (it just gives you an inexpensive shot at quite a bit).

There are 2 schools of thought when it comes to bet size. These are:
a)bet minimum to lower risk to an unbelievable point

b)bet much higher (say 10%, or more) to maximise EV

With 'b', what must be remembered is that there are a limited number of bonuses out there, so in effect you are wasting many of them.

If you bet say $2-5 bets on a $100 deposit, which then gave you a bonus of $100, it is extrememly unlikely to bust. This will normally have to be wagered say 10 times the deposit$bonus (2k). That means 400-1000 hands would have to be played. Since most casino software deals 300-500 hands/hr, you will get through this quite quickly. As the casino edge is normally 0.5% at best (normally lower), this won't eat into your profits much at all.

I used to count (even counted SP21 at Star City, my home town!!), but BHing has (for awhile) been more profitable and reasonably risk-free.

As far as hit'n runs go, there's another reason I like to use progressions (only online, it's a customised version of D'Alembert, customised meaning it limits the impact of losing streaks and busting the bank). Progressions give you GREAT cover. A BH is likely to be pretty knowledgable of BJ, and VERY unlikely to use a progression. Normally I'll use it to double my deposit

e.g. deposit $100, get a bonus of $100,=$200, do $2 base bet to give 100 units, win 50 units. (for a $200 profit).

I do this about 3-5 times a day on average, with an average of $85 matching bonus. This means my wins are $170 on average.

Another advantage of a progression is it quickly eats up the total wagered requirement (VERY quickly).

Even with using a progression to make 50-100% extra on the deposit, there's less risk than CC. I'm not 21 yet, so my CC opportunites are limited. Still, the benefits of BHing can't be ignored (for the AP)