Posted in Guides November 20, 2018
Bonus Hunting: What is It and How Does It Work
You might already be familiar with the term “Bonus Hunting” as it is not something exclusive to the online gambling industry. Essentially, it presents a way of going “door-to-door” and trying to make money off of casino bonuses by applying certain strategies. Although it is extremely hard to pull them off nowadays, there are some tactics that are still working, but also new ones that are hard to learn and master.
The online gambling industry is almost 25 years old now and bonuses are not something new on the market. They appeared as soon as casinos sensed competition and found a way to attract more users by giving them privileges in the form of free money. The problem for the casinos was that the amounts of cash they were giving away were so high at that point that they couldn’t find a way to be profitable after paying out all the players due to low wagering requirements.
This is why exploiting and abusing bonuses was a lot easier back in the day. Changes were necessary as the only way to change the way everything is working. It turns out that the easiest best thing to do was raise and adjust wagering requirements.
Look at this bonus and their wagering requirements, for example:
- RivieraPlay Casino – Up to €7,500 welcome package – 35x
Notice how different the rewards and wagering requirements are? That’s because both parameters were calculated by the people who specialise in this area. Use wrong numbers and you’re either losing users or money.
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How to Bonus Hunt
Alright, the first thing that needs to be said is that we do not recommend using this method of gambling as it is extremely risky and sometimes requires a lot of money. This is how it is done fundamentally:
- Dig through the internet and find the best bonus offers with low wagering requirements
- Register to the chosen casino, make a first deposit and get the bonus cash
- Choose a high RTP game
- Turn on the 100% aggressive mode and play as aggressive as you possibly can
- Play until you hit a big win or you lose everything
- Move on to another online casino after losing it all
- Meet the wagering requirement easily after you win enough
Of course, this is not a guide but a fundamental explanation of the steps. Micromanaging in between the rounds is the key, which requires a lot of experience. If you are a beginner, stay away from this type of gambling.
The RTP for online machines of any kind goes anywhere from 85% to 99.5%. The most important fact is that no matter what game you are playing, the house always has a slight edge. This means that theoretically, these strategies won’t be profitable in the long run. On the other hand, you are gambling, and you can never be 100% sure that you’ll win. With a little bit of luck and a lot of knowledge, you can “conquer” online casinos.
The fundamental steps should always be applied, as even though there are other ways of doing it, this is the one that makes sense the most judging by what veterans using this method have to say on official public forums. If you do not have lots of cash to speedrun through casinos, here’s what you can do.
You’ve probably heard about no deposit bonus casino. If not, these are the bonuses that require only a registration or something as simple as that, awarding you free money or Free spins. Go all out with the money you receive (usually €5 or €10, rarely above that) and try to get a big hit. It costs you nothing and after a few tries, you might manage to meet the wagering requirements and win yourself a little bit of money. Be aware that maximum payouts for no deposit bonuses are pretty low in most cases.
After you withdraw the money, use it all on one casino to claim the first deposit bonus, or split it between two or three different ones. Have fun throughout the process, don’t just focus on making money, as you’re never guaranteed to succeed.
It is true that blackjack has the 99,5% (the classic version) theoretical return to the player. You might think that this is undoubtedly the best game to go for, but here’s why we said it’s a lot tougher to apply any bonus hunting strategies nowadays. Online casinos implemented a new formula of calculating the total wager – it counts 100% for slot machines, but only 10% for games such as poker, baccarat and blackjack. That means that betting €100 will only add up €10 to your total wager, making it ten times harder to fulfil the requirement.
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