Saturday 18 April 2009

Casino bonus hunters


What is Casino Bonus Hunting?As the name suggest, bonus hunters are people who hunt around the online casinos for the best bonuses. They sign up to casinos and accept bonuses and play until they are ready to cash out their winnings.

The History of Bonus HuntingWhen online casinos were a new industry, bonus hunting did not exist or at least was not common. Bonuses tended to be big and wagering requirements were small and there were a small number of online casinos available. As the number of online casinos available grows, they are tending to toughen up their wagering requirements. Bonus hunting began in earnest in Denmark where a few Danes figured out the best way to get the most out of the casinos.

Why Bonus Hunt?
Some people who enjoy playing at online casinos are concerned that there is a high risk involved and they want to minimize the amount of money they can lose by playing online casino games. These people worked out that by hunting out the best casino bonuses and playing wisely with bonus money, you are more likely to come out without having lost, and in fact, you may come out winning. Casino bonus hunters do not necessarily play to win, but they play to not lose.

The Disadvantages of Casino Bonus HuntingIn order to come out ahead with bonus hunting, players need to play at the lowest stakes tables and wager the minimum amount. This is a way to minimize the percentage of the casino bonus that is used up in the process of fulfilling the casino bonus wagering requirements. While this method makes it highly unlikely that you will lose money and even makes it likely that you will win back your initial deposit plus some extras, there are drawbacks. One of the major drawbacks is the amount of time that it will take you to win back your initial deposit if you are only playing at the lowest stakes tables and wagering the minimum amount. Also, you need to spend the time researching which casinos offer the biggest bonuses with the smallest casino bonus wagering requirements that you can play at the lowest stake tables. In truth, the winnings that you come away with are probably not worth the time that you put in.

Another major risk of bonus hunting is that you may be labeled by the casino as a bonus abuser. Bonus abusers are people who sign up multiple accounts at a casino in order to receive casino bonus offers multiple times or people who sign up for a new player account even though they already have an existing account. This is unethical and casinos can ban these players, block their accounts and withhold their winnings. Bonus hunting on the other hand is completely legal and ethical. Some professional casino bonus hunters employ camouflage techniques to appear to be a regular online casino player. However, if you only ever wager the minimum amounts at the lowest stake tables, you run the risk of being labeled a bonus abuser.

With the increasing popularity of bonus hunters, no deposit casino bonuses are becoming rarer. No deposit bonuses are a bonus hunter's dream because they do not have to risk any of their own money in order to receive the bonus.

1 comment:

  1. In the early days of Internet gambling, online casino bonus amounts were big and the number of internet casinos was small. Wagering requirements were low and there was no such notion as bonus hunting. Such a concept did not exist, although a few smart players quickly discovered how to profit handsomely from online casino bonuses.

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