Online casino gamblers love to win and play hard. However, there is an alternative strategy. It’s not to lose, it’s to win. This strategy is more conservative and requires more discipline than simple online casino gambling. However, it has significantly higher chances of a player leaving the tables with more money than they started with. This is called “bonus hunting,” and it’s the closest thing to an exact thing in online casino gambling. So why isn’t everyone doing this? This article is about the bonus hunt.
Let’s start by describing the process. Peruse gaming site reviews on sites like http://www.casinobrain.com and http://www.poker-ranking.com, and you will see that almost every one offers a Bonus upon sign-up. You may call it a Sign-Up Bonus, a Welcome Bonus, a First Deposit Bonus, a Match Bonus or a Initial Deposit Bonus. However the concept is the same.
The bonus chip portion of the online casino’s first deposit will be given to you if you sign up and make your first deposit. The bonus amount is automatically added to your player account once you have made the deposit.
However, there is a catch: you must wager a minimum of one dollar of your bonus amount or your first deposit before you can withdraw it.
You can bet that two things will likely happen when you meet your wagering requirements.
- You may lose all or part of the bonus amount, as well as some or all your initial deposit.
- You love the online casino gambling experience at this site so much (or you have lost so much money that you can’t afford to walk away) that you deposit more money and keep playing.
The key thing that Bonus Hunters discovered is that they can play at the lowest stake table (ie. They can reduce the amount of their bonus lost due to the wagering requirements by playing at 1 cent video poker. It is doubtful that a bonus hunter would be able to win. Even less likely is that the bonus hunter will take home all of the bonus. They will likely walk away with some and receive their initial deposit back.
What are the drawbacks of this? There are many – and more than you might realize. Bonus hunting has its challenges and flaws. Not the least is its yield. Bonus hunters are happy to lose time and risk but they do gain in reward. Unfortunately, it takes a lot of time to play not to lose but to win, and the reward will likely not be worth it (think 50 cents per hour – you might as well take a minimum wage job).
There are many bonuses out there, but not all of them are created equal. You must search (hence the moniker) to find the highest percentage bonuses. The lowest wagering requirements and lowest stakes games will give you the best chance of keeping your bankroll safe. This is a huge task. This means that the number of possible targets suddenly shrinks. The amount of time spent searching for an online casino gambling site will also increase exponentially.
You could also lose everything if you make a poor decision.
Online casinos don’t like bonus hunter – is that any surprise? – and as such you could be permanently barred from the casino and forced to forfeit any winnings. You may also find yourself blacklisted from other affiliates. You are responsible for your actions.