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August 24, 2022

Bonus Hunting in an Online Casino: Explained

Have you ever heard about bonus hunting? And if you did—are you even sure what that's about? In this guide, - Gambling Made Simple, will tell you everything there is to know about how to bonus hunt, if it's worth it, what the risks associated with it are. Read this complete guide to learn the basics about bonus hunting and decide whether that's something you want to try and add to your gambling portfolio!

Online Casinos in 2022 

An online casino is similar to a classic land-based casino, but the players can reach it from wherever they are as long as there’s an internet connection. In 2022, pretty much all the world’s online casinos are available on all sorts of devices, such as mobile phones, notepads, and desktop computers. You can find all the classic casino games like poker, roulette, slots, and baccarat. Many establishments also provide a live casino section, where hosts present the games and interact with the players. 

Bonus Hunting

You won’t probably find an internet casino that doesn’t offer some bonus for new players. Usually, the casino will give the player extra money for the first deposit or several deposits. All bonuses come with conditions, though, and it can be tricky to figure out what the small print really means. In this text, we’ll tell you all you need to know about casino bonuses and how to hunt for the best ones.

What is bonus hunting in an online casino?

Bonus hunting is a strategy where players sign up to several casinos to take part in their bonus offers – often referred to as sign up-offers. Finding the bonuses that suit your preferences and playing style can take some time, but it can also handsomely reward you. A successful bonus hunting session ends with the player earning some money from one casino, withdrawing it, and moving on to the next one. Some players also refer to bonus hunting as activating the bonus features on several slots and then playing them one by one, but that is not what this article is about.

How does a bonus hunt work?

Bonus Hunting isn’t as easy as it sounds. A lot of players will say that the casinos aren’t as generous with sign up-offers as they used to be. On the other hand, new online casinos are being launched all the time, opening up more bonuses to be claimed. You just have to figure out how to do it.

First, you need to visit several casinos and read the fine print. The most common bonuses will give the player extra cash on a deposit. It is usually a percentage like 50%, 100%, or even more. The bonuses also come with a wagering requirement, meaning that you have to wager the money a specific number of times before withdrawing it.

Let’s say that you deposit €100, and the casino offers you a 100% bonus with a 30X wagering requirement. You’ll then have €200 on your account, and you need to gamble €6000 (200x30) before you’re allowed to withdraw the money. Since the casino has better odds, in the long run, there’s a risk that you’ll lose all money during the wagering, and you won’t have anything to withdraw.

While hunting, you should look for the casino bonuses that fit your way of playing. The highest bonus doesn’t have to be the best one. Remember that the higher the waging requirement, the harder it is to perform a successful hunt.

After you have found a casino with an attractive bonus, you need to sign up and provide them with some personal information. When the registration is done, you’ve to deposit some money to get the bonus, and you’re ready to start playing. Generally, video slots have an RTP of about 96%, meaning that 96% is paid back to the player in the long run, and the casino keeps 4%. Video poker and blackjack are usually the games with the highest RTP, so they can be an awesome option for bonus hunters. You need to read the fine print again, though, since some casinos have excluded certain games from the wagering requirements.

Now you’re ready to start playing. Spin the reels, put some money on the roulette, or enter a live baccarat game. Hopefully, you’ll score some nice wins, and when the wagering limit is met, you can withdraw all the money on your account and find another casino offering nice bonuses.

Why is bonus hunting famous?

Bonus hunting has become famous because some players made a lot of money in the early days of online gambling. The rumor spread and tons of players wanted to take advantage of the system. The internet casinos have changed the terms and conditions since, and you will usually find much higher wagering requirements today than 15 years ago. It’s still possible to visit site after site and collect bonuses, but it’s not as profitable as it used to be.

Benefits of bonus hunting in an online casino

If you still don’t know why some players go on bonus hunts, we’ll explain some of the pros here.

  • Improving the odds of winning. Taking advantage of the best bonuses could give you a statistical upper hand over the casino.
  • Getting to know several online casinos and maybe find a favourite.
  • Getting to know different kinds of casino games.

Bonus Abuse

You can’t do whatever you want to achieve a bonus, and you can’t use it in any way you want either. You should be aware of the following information to avoid bonus abuse.

Restrictions of bonus hunting

It’s always a smart idea to read the terms and conditions carefully before signing up for any online casino. You need to know some basic rules that all operators stick to. If you fail to obey these rules, you’re responsible for bonus abuse.

  • Never open more than one account on the same platform. It’s against the rules, and you’ll not get your money if the casino finds out, which it most certainly will.
  • Make sure to meet the wagering requirements, or you won’t be able to make withdrawals.
  • Always check that the casino you’re playing at allows players from your jurisdiction. You generally reside in a permitted area if the site isn’t blocked, but you can access non-permitted sites in rare cases.
  • It’s not permitted to claim the same welcome bonus several times. It’s usually done by the already mentioned method of registering several accounts, but there are other methods too. This is considered bonus abuse, and the casino will not payout your money.
  • Huge bets with bonus money aren’t allowed. Read the terms and conditions to find out the maximum allowed bet.

What Are the Consequences of Bonus Abuse

As already mentioned, the online casinos will keep your money if they find out that you have achieved a bonus through bonus abuse. They might also press charges, although it’s not very likely if you haven’t tried a big scam.

Conclusion: Is Online Casino Bonus Hunting Worth It? 

Bonus hunting can benefit any gambler, providing some extra cash to the table. Doing it with the sole purpose of earning money and moving on to the next platform isn’t as easy as it used to be, though. You should do the math and calculate the odds for the average outcome after the required wagering. In most cases, you’ll realize that the risk of losing more than your deposit is greater than the chances of ending up with more than you started with.

A math genius can still probably benefit from some bonuses, but our general advice is that bonus hunting these days is for casino players who want to raise their chances of winning but still are fine with losing their money. It’s also a great way to get to know different online casinos. After some bonus hunting, you might have found your new favourite platform where you become a regular.

Just remember not to violate the rules and stick to the principles of never signing up at the same casino more than once. Also, remember that gambling should always be fun and never play with money you can’t afford to lose.

If you’re interested in more casino-related information, you’ve come to the right place. On Aboutslots - Gambling Made Simple, you’ll find news, forums, honest reviews of casinos and slots, and a lot more gambling-oriented material.