“Bonus Hunting” in the context of online casinos refers to a strategy used by some players to gain a profit from the various bonuses that casinos offer. This practice involves the following steps:
- Identifying Bonuses: Bonus hunters seek out online casinos that offer generous bonuses, such as no-deposit bonuses, free spins, or large welcome bonuses.
- Meeting Wagering Requirements: These players then aim to meet the wagering requirements set by the casino in the most efficient way possible. Wagering requirements are conditions that dictate how much a player must bet before they can withdraw winnings earned from a bonus.
- Minimizing Losses: The goal during this process is to minimize losses while satisfying these requirements. Bonus hunters often use low-risk betting strategies or play games with a high return to player (RTP) percentage to achieve this.
- Withdrawing Profits: Once the wagering requirements are met, the player withdraws any remaining funds, including any profits made from the bonus, and then moves on to the next casino offering a lucrative bonus.
Bonus hunting was more prevalent in the early days of online casinos when wagering requirements were more relaxed, and it was easier to profit from these bonuses. However, due to the widespread practice of bonus hunting, most online casinos have since implemented stricter rules and requirements, making it a much less viable strategy today.
While bonus hunting is not illegal, it is often frowned upon by casinos. Many online casinos have strict policies in place to identify and restrict bonus hunters, including limiting access to bonuses for players who exhibit patterns indicative of this strategy.