Posted in Guides November 20, 2018

Bonus Hunting: What is It and How Does It Work

Bonus Hunting is a term used to describe a method of making money through casino bonuses. It is a tactic that involves following specific strategies and going from one casino to another in search of opportunities to exploit bonuses. Despite being challenging, some tactics still work, and new ones are emerging with time.

Bonuses have been a part of the online gambling industry for almost 25 years. They originated as a way for casinos to attract more users by offering them privileges in the form of free money. However, the casinos realized that the high amounts of cash given away were unsustainable, leading them to adjust their wagering requirements to remain profitable.

Take, for instance, the bonus and wagering requirements of RivieraPlay Casino: Up to €7,500 welcome package – wagering requirement of 35x. The figures for both bonuses and the wagering requirements are calculated by experts. If the wrong numbers are used, the casino risks losing money or its users.

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Offering a state-of-the-art casino play inspired by luxury and good life, RivieraPlay Casino is clearly a favorite online. RivieraPlay Casino puts the concerns and welfare of players and members first, and this can be seen in the quality of promotions offered. For new members of RivieraPlay Casino, they can enjoy a Welcome Bonus package, up to €/£/$7,500. And that´s just the first deposit - come play now!

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How to Engage in Bonus Hunting

Bonus Hunting is a risky strategy that requires a lot of money, and we do not recommend it. However, for those interested, here is a simplified guide:

Search for the best bonus offers with low wagering requirements on the internet
Register and make your first deposit to get the bonus cash
Choose a high RTP game
Get aggressive during gameplay
Stop playing after a considerable win or when you exhaust your funds
Move on to another casino and repeat the process
Meet the wagering requirements by winning sufficient funds

Bonus Hunting requires a lot of experience, and micromanagement is the key to success. For beginners, it is best to avoid this type of gambling. Although online machines can have an RTP of anywhere from 85% to 99.5%, the house always has a slight edge, meaning that this strategy is theoretically unprofitable in the long run. However, gambling is unpredictable, and a little knowledge and luck can go a long way towards “conquering” online casinos.

Strategies

Other ways exist to engage in this method of gambling, but the fundamental steps are the most practical, according to veterans on public forums. For those without a lot of money to invest, the following strategies may be more accessible:

No deposit bonuses are a good option, as they only require registration, offering you free cash or free spins. Use all the cash or spins (usually €5 or €10) to try and land a big win. After meeting the wagering requirements, you can withdraw the money. You can use the funds to claim deposit bonuses in one casino or split them between several others. Don’t just focus on winning; enjoy the process.

Although blackjack has a theoretical return to the player of 99.5%, it is now more challenging to apply any bonus hunting tactics with ease. Casinos use a new formula for calculating total wager requirements, where games like poker, baccarat, or blackjack count for only about 10%, while slot machines score 100%. This makes it ten times harder to fulfil the wager requirement when betting €100.