FAQ guide
Is it legal? Its completely 100% legal. Casinos use
bonus offers to entice new players and hope that you’ll waste all
of your money on the slots straight away. Luckily with the help of our
site you’ll be able to play expert blackjack and will be able to
beat the house.
Why do the casinos offer bonuses? To get customers. Because there
are so many casinos out there the competition between them is massive,
so if a casino didn’t offer a bonus, any new players would just
go to one of their competitors offering a good bonus.
Why don't the casinos put a stop
to this? Casinos make money on bonuses.
There are a much greater number of people who sign up thinking they
can make lots of money and loose their entire deposit plus the bonus.
They make much more money from these than the money bonus grabbers
take away. So its still very profitable for them to offer the bonuses.
Are my winnings taxable? No casinos winnings are tax-free. See
here for official government documentation of this.
I've never played Blackjack before,
I'll be rubbish at it and lose everything. The charts
show you exactly how to bet 100% off the time there is no skill involved.
So once you have read up on the rules of blackjack found here, and
learned how to use the strategy charts found here. You are ready
to go. Just follow the charts and you’ll be playing perfectly.
You can never beat the house, this
is all wrong. Yes if you play on the casinos
games alone the house always has an edge so you will loose. But with
the bonuses involved it’s a different story. If you keep to small
bet sizes and play perfect blackjack strategy, by the time you have
completed the wager requirement you will have lost a small amount to
the casino, but then gain the bonus so you become the one with the
edge this time.
This is all a scam isn't it! Not at all. Casinos are huge corporations
and regulated by law. See below for more info and why we tell you this
info for free.
Why are you telling us this information
for free? Every time you sign up to a casino
through a banner link on www.bonusonline.co.uk, they make a little
bit of money. Our job is to send them visitors. So by using www.bonusonline.co.uk you help us do our job and we can give you this information at no cost
to you. Thanks very much for you help!
Online casinos are dodgy, the cards are fixed and they'll steal
my money, why should I trust them? Online casinos are rigorously tested and monitored for fairness
by independent bodies like for example the IBAS www.ibas-uk.com.
It is in the interests of the casinos to be as fair as possible. If a casino
started rigging games and the independent bodies and customers found out,
no one would ever gamble there again and they would go out of business.
What is the most I can lose? You can only lose what you deposit.
So say you deposit £50,
you can never lose more than this. Casinos can’t take any more
money from you if you don’t have funds on the casino you can’t
play. Hopefully this won’t happen though.
Can I do each casino more than once? Sadly no! You can get your friends
and sometimes your family to do it as well. If a casino only mentions “one account per
customer” then it will be fine to let your family do it as well.
Some casinos however have more terms and conditions like only “one
account per household” or IP address, computer and other things
as well. So make sure you read the terms and conditions before getting
family members to sign up for another account. Casinos have automatic
checks for duplicate accounts so it would be a bad idea to try and
make two since they could all their money back with interest. Doing
bonuses grabbing once is perfectly legal and since their offering the
bonus we may as well take advantage of it. So the rule is make sure
you read the terms and conditions before making more accounts.
Should I close my account when I'm finished? Closing your account is a bad idea. Casinos will send you special
offers to try and get you back into the casino. You could check if
the offer is worthwhile from a bonus-grabbing point of view, but most
of the offers they send you will be rubbish and just fill up you inbox.
We advise that you get a free email address like hotmail.com for casinos.
This will keep you main email address free a spam messages.
Some of the terms and conditions
state, "The bonus amount
is non-withdrawable". What's that all about? This could be one of two things.
It could mean that it’s
a sticky bonuses meaning the bonus itself isn’t withdrawable
only money won from it is. These bonuses can be useful to, but should
only be attempted by experts who already have experience at bonus grabbing.
It could also mean that the bonus has to be wagered once through before
you can withdraw it. E.g. you have a £50 bonus; to withdraw it
you must wager £50. Don’t worry about this though, all
of the casinos on www.bonusonline.co.uk have been tested and you can
check the casino fact file to see what type of bonus it is.
How long does it take to get my money back from a casino? On average its around 1-5 business days for your money to come
back into your account. It varies from casino to casino.
How come the expected profits on
www.bonusonline.co.uk are not equal to the actual bonuses amounts?
The game blackjack is designed to be in favour of the house. Sometimes
you will win and other times you will lose. But statistically you are
expected to lose, only a very tiny bit though. If you expected to lose
a lot then no one would play it. Casinos have millions of players so
even a tiny house edge adds up to a sizeable profit for the casinos
Expected
Profit = Bonus - (House Edge x Wager Requirement)
We will use Victor Chandler Casino
as an example, the House Edge is 0.001502 (0.1502%) and you have to
wager £550 to get a bonus of £50.
So with a little maths you get:
Expected Profit = £50 - (0.001502 x £550)
Expected Profit = £50 - £0.83
Expected Profit = £49.17
(basically your bonus minus a small loss from Blackjack) |