Posted in Guides November 20, 2018

Bonus Hunting: What is It and How Does It Work

Bonus Hunting is a strategy used in the online gambling industry to profit from casino bonuses. Although it was easier to do in the past, there are still some tactics that work today, although they can be difficult to learn and master.

Bonuses have been around in the online gambling industry for almost 25 years. They were introduced by casinos as a way to attract more users by offering them free money. However, the large amounts of cash being given away made it difficult for casinos to be profitable after paying out all the players due to low wagering requirements.

To address this issue, casinos raised and adjusted their wagering requirements. This allowed them to offer bonuses while still maintaining profitability.

For example, let’s take a look at the rewards and wagering requirements for a specific casino bonus:

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Different bonuses have different rewards and wagering requirements, which are carefully calculated to ensure the casino remains profitable.

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How to Bonus Hunt

It’s important to note that bonus hunting is a risky and potentially costly method of gambling. Here are the fundamental steps involved:

Search for the best bonus offers with low wagering requirements
Register at the chosen casino and make a first deposit to receive the bonus cash
Choose a game with a high RTP (Return to Player)
Play aggressively and aim for big wins
Keep playing until you either win big or lose everything
Move on to another online casino after losing all your funds
Once you win enough, easily meet the wagering requirements

Please note that these are fundamental steps and require experience and careful management during the process. If you’re new to gambling, it’s best to avoid this method.

The RTP for online casino games typically ranges from 85% to 99.5%. However, it’s important to remember that the house always has a slight edge, making these strategies not profitable in the long run. However, with some luck and knowledge, it’s still possible to win at online casinos.

Strategies

While there are other ways to approach bonus hunting, following the fundamental steps is recommended by experienced players on official forums. If you don’t have a lot of money to spend, here are some alternative strategies:

You may have heard of no deposit bonuses, which require only a simple registration and provide free money or free spins. Take advantage of these bonuses and try to win big without risking your own funds. After a few attempts, you might meet the wagering requirements and walk away with some profit. However, please note that maximum payouts for no deposit bonuses are often low.

Once you withdraw the money from a no deposit bonus, use it to claim a first deposit bonus at one casino, or divide it among several different ones. Remember to have fun throughout the process and not just focus on making money, as there are no guarantees in gambling.

It’s worth mentioning that the game of blackjack has a theoretical return to player of 99.5%. While this might seem like the best game to play, online casinos have implemented a new formula for calculating the total wager, which heavily favors slot machines over games like poker, baccarat, and blackjack. This makes it much harder to fulfill the wagering requirements when playing these games.