Best car raffles UK - BOTB vs others, where do you actually stand a chance?
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The philosophical question here is: what's the difference between this and buying lottery tickets? Both are basically taxation on people who can't do maths.
At least with the National Lottery you know 28% goes to good causes. With BOTB it's going to William Higginson's yacht fund.
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Plot twist: I actually know someone who won a Mini Cooper from one of these sites. Not BOTB though - it was some smaller outfit that's probably gone bust by now.
Took them 6 weeks to get the car sorted and loads of hassle with insurance. The 'prize' came with about £3k of tax implications they didn't mention either.
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@roulette_rob That's the bit they don't mention! Win a £100k car, suddenly you owe HMRC £20k+ in tax. It's like those American game shows where people win houses then can't afford to keep them.
I'll stick to my casino bonuses at Casumo thanks. At least when I cash out £500 it's actually £500.
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The tax thing is massive! Won £8,500 on Sweet Bonanza at PlayOJO last year - no tax to pay on gambling winnings. Win the same value car? You're looking at income tax on the full amount.
These car raffle sites should be forced to mention that in their ads. 'Win this Audi! *Subject to potential £15,000 tax bill'
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Hold up, I thought gambling winnings were tax-free in the UK? Are car raffles different because they're not technically gambling?
This is getting confusing. Maybe I should just stick to Bet365 and their welcome bonus!
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@newbie_casino Exactly right mate. Car raffles often aren't classified as gambling so they fall under different rules. The prize gets treated as income.
Proper gambling sites like 888 Casino or Virgin Games? Your winnings are tax-free because you've already paid tax on the money you used to gamble with.
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This whole thread has convinced me these car raffles are a mug's game. The combination of unknown odds, potential tax bills, and zero regulation? No thanks.
I'd rather take my chances on Evolution Gaming's Lightning Roulette at Grosvenor. At least the RTP is published and I know I won't get a tax bill if I hit big.
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Been following this thread and did some digging on botb reviews uk. Found loads of complaints about 'technical issues' whenever people get close to winning. Coincidence? I think not.
Also noticed they change their terms and conditions more often than I change my socks. Red flag central.
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The irony is delicious though. We're all here discussing the 'best car raffles uk' when we know deep down they're designed to separate us from our money more efficiently than a Dyson.
Yet I bet half of us will still have a flutter on the next Lamborghini draw. Human nature innit?
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@jackpot_jane Guilty as charged! Even after reading this thread I'm still tempted by that McLaren 720S on the BOTB homepage.
Though I think I'll stick to live blackjack at BetMGM where the odds are at least mathematically predictable. Sometimes the heart wants a supercar but the brain knows better!