Introduction
Principle
Step-by-Step guide
Risks involved
Blackjack guide
Blackjack Wager tracker guide
Strategy Chart guide
FAQ

Risks involved in Bonus Grabbing

There are risks involved with any sort of gambling, with this system the chances of losing money is very low but not impossible. The following explains the risks involved and calculates your chances of winning and losing.

You should expect to lose money playing Blackjack

You should lose money playing Blackjack, the odds are in favour of the house only slightly though. Your bonus should cover any loses made but expect to make less money than the whole sum of the bonus

You should bet small amount per hand

Keep your hands sizes small; the odds become more volatile at bigger hand sizes. For example if you toss a coin 10 times you could have 7 heads and 3 tails, which is 70/30, but if you toss it 5000 times the variance would be much smaller and you’d expect the percentage to be very close to 50/50. So small hand sizes means more bets and less variance.

Don’t trust hunches

Make sure you follow the strategy charts exactly, these maximise the odds in your favour going on hunches will eat into your profit, so don’t trust them.

Only gamble what you can afford to lose

Only gamble money you can afford to lose. This system is statically sound if you look at the maths the percentage of winning is massively in your favour. If you play at 6 casinos you should win at 5 and lose at 1. Still however unlikely it is possible if your really really unlucky to lose so you should never gamble with money you can’t afford to be without.

To give you a bigger idea of your percentage chances of winning or losing we will use a risk of ruin table. The rules assumed for this table is six decks, dealer stands on soft 17, player may double on any two cards, player may double after splitting, player may resplit to three hands, no surrender, dealer peeks for blackjack. Under these rules the house edge is 0.414%. This is around the average house edge for the online casinos you will be playing at.

E.g. The Victor Chandler casino offers a bonus of £50 with a wagering requirement of £500, so using the table find 500 along the top and then look for a value as close to 50 as possible, so 52. Moving across the row the chance of ruin is 5% so very low, which means the chance of making a profit is 95%, that’s pretty good odds no matter what your doing.

Risk of Ruin	Number of Hands to Play
Risk of Ruin	100	200	300	400	500	600	700	800	900
50%	7	11	14	16	18	20	22	24	25
40%	9	14	17	20	23	25	27	29	31
30%	12	17	21	25	28	31	33	36	38
20%	15	21	26	31	34	38	41	44	47
10%	19	27	34	39	44	48	53	57	60
5%	22	32	40	46	52	58	62	67	71
4%	23	34	42	49	55	60	65	70	75
3%	25	36	44	51	58	64	69	74	79
2%	27	38	47	55	62	68	74	79	84
1%	29	42	52	61	68	75	82	88	93
0.5%	32	46	57	66	74	82	89	95	101
0.25%	35	50	61	71	80	88	96	102	109
0.1%	38	54	67	77	87	95	104	111	118
0.01%	45	64	79	91	102	112	122	131	139

Risk of Ruin	Number of Hands to Play
Risk of Ruin	1000	1200	1400	1600	1800	2000	2500	3000
50%	27	30	32	35	37	40	45	50
40%	33	37	40	43	46	49	56	62
30%	41	45	49	53	56	60	68	75
20%	50	55	60	65	69	73	83	92
10%	64	70	76	82	88	93	105	116
5%	76	83	90	97	104	110	124	137
4%	79	87	95	102	108	114	129	143
3%	83	92	100	107	114	121	136	151
2%	89	98	107	114	122	129	145	161
1%	99	108	118	126	134	142	160	177
0.5%	107	118	128	137	146	154	174	192
0.25%	115	126	137	147	156	166	187	206
0.1%	125	138	149	160	170	180	202	223
0.01%	148	162	175	188	198	212	236	261