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Originally Posted by DannyC
The casino offers are one of the biggest cruds Ive EVER seen in my entire life. They advertise "We will double your signup amount" only to find out afterwards that you have to wager at least 30x your initial amount, so if you deposited £25 onto an online casino, and got £25 bonus you would have to wager at least £750 just to have the chance to withdraw any balance you have.
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Nothing personal, but I'm a little surprised at this post, as I assumed you knew quite a bit about online gambling.
Assuming for a moment that BlackJack wagering was allowed, and assuming 1% house edge (that's actually very high - most Blackjack variations are less than that):-
Loss = £750 x 1% (0.01) = £7.50 lost in meeting the WR = £17.50 profit.
Many 'bonus abusers' use this method to make small profits from generous bonuses where BJ play is allowed. Not my style, I might add!
As in my previous post, I play more slots than cards these days - you'll never win $289 from a $1.50 bet playing Blackjack....