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So how does this work, surely casinos
never give away money? On the land it's true that casinos don’t lose. Overall,
the house always wins. Odds on every casino game are in
the casino’s favour and they consistently pay out a lot
less than they take in. Even 'card counting' is now
virtually impossible and does not affect the odds hugely.
Internet casinos
differ primarily because their running costs are minimal. Once they
have the software and the server, then if they can attract
people to play at their casinos with their own money it
also a guarantee that they will make significant profits. Online
gambling has now become an estimated $7bn industry, many
casinos have been incredibly successful online and they're
all desperate to get a bit more of the 'action'.
BUT the industry is still relatively
new with new sites springing up every day all looking for
new players. In trying to attract customers nearly
all online casino's are prepared to make generous bonus
offers to entice you to try their particular casino,
changing the odds that you face dramatically.
Generally these are a match on your
first deposit, so were you to put in £50 they would give
you £50 of their own money. However, before you are
allowed to withdraw this amount you will be required to
bet it (called wagering) a certain number of times. This
can vary from 1 (meaning that you would have to bet 50 in
total stakes before withdrawing), up to 40 (meaning you
would have to bet 2000 in total stakes before
withdrawing). The lower the wagering requirement the less
you have to bet, the higher the chance of winning.
Imagine this scenario. I ask you to
play heads or tails with me at £1 a game, but in order to
entice you to play I say that if you put down £20 I'll
give you £20 out of my own pocket so that the amount you
had to stake was £40. My only condition was that you had
to play at least 100 games with me. The vast majority of
people would correctly tell you that you'd be very wise to
take up an offer like this. This is in essence what most
of the sites listed here are offering you and the odds,
when playing blackjack perfectly (which we show you how to
do in the blackjack tables section), are actually very
close to those of tossing a coin, meaning that the odds
overall are vastly in your favour.
How do I know the games are fair?
This is a tough one to answer. Virtually all the sites
recommended here are audited by PWC the biggest
accountancy firm in the world, or another similarly
reputable auditor. If you click on the links
you will see the link where you can view the payout
reports. All the casinos here are also verified by their
country’s gaming commission (generally Canadian, Caribbean
or British). Virtually all of the casino’s listed here
also use one of the 6 major casino software ‘brands’,
made by
major and often publically listed companies- Microgaming, Playtech, Odds on, RTG, Crytologic
and iGlobalMedia . These have all
been stringently tested and over millions of hands the
payout has proven to be exactly what it statistically
should be. While we firmly believe that all the sites and
software brands we detail here are legitimate and fair
it's important to be very careful with other gambling sites you may
find that aren't listed here at BeatTheHouse, particularly
if you feel that they look dubious in any way and don't carry any
licensing or auditing logos.
And how can I be sure I’ll get paid?
The majority of casino transactions are carried out by a
small number of huge merchant companies, processing
millions of gambling and non-gambling transactions a day.
Virtually all the casino’s have UK freephone numbers to
check on the status of your payment. All casinos listed
here have also been approved by their relevant countries
gaming commissions and any failure to act properly usually
results in the software companies or gaming commissions
stepping in very quickly.
What are the chances of me losing my money?
As you're playing at a casino there is,
in most cases, a chance of losing your own money, though
sometimes you are allowed to withdraw your deposit at
any time. The calculator
(currently only works with windows XP) gives you an idea
to the % risk involved with the individual offers.
What else do I need to take into account?
It's always very important that you read the terms and
conditions of the offer. This site is kept as up-to-date
as possible, but you should also check yourself the
wagering requirements on offers and whether, as is
sometimes the case, blackjack is excluded from the list of
games available to play. If this is the case then Jacks or
Better video poker offers almost identical odds, though
with a much greater variation in results.
You’ll notice that a large number of casino’s operate in
dollars. With a growing number of Microgaming casinos
(the most common software) there is the option to play in pounds
or alternatively have
your dollars converted to £GBP before being refunded to
you. Despite this we highly recommend you open a
neteller account- a free,
secure online account if you intend to play at a large
number of US$ casinos.
Casino
offers are generally getting less and less 'generous' as
time goes on, with blackjack being excluded as an
available game more and more. The window of opportunity
won't be around for ever, so get in
while you can- click here for
our 10-step getting started guide, or
here to get straight on to the
bonus offers. |