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Bonus Hunting and Casino Bonus Abuse – Can It Still Make Money?


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online casino bonus forums All of these terms describe the activity of players who try to make money in the long run by using bonuses offered by online casinos.
And many of them were and are still successful, although this practise is getting harder and harder to pull off as time goes by.
That meant that players could just use the bonuses and rely on their positive expected values to make a profit in the long run.
He is trying to meet the WR by playing a slot game with RTP of 98 %.
Therefore, the casino has a 2 % edge, which means that the player statistically loses 2 % of every bet he makes.
Unfortunately, bonuses like this are a thing of the past.
If you're wondering how to make money gambling online, the method I'm about to describe might present a good answer.
However, keep in mind that it's definitely not for everybody.
Bonus hunting nowadays is based on high volatility and requires a big bankroll, willingness to spend a lot of time and strong nerves to overcome losing streaks that are unavoidable with this kind of a strategy.
Choose a slot with high variance and play until you hit a big win or lose everything.
But if you win, you should have a big enough buffer that should allow you to comfortably meet the WR of your bonus and cash out.
You have to repeat this strategy numerous times in order to be profitable.
Of course, you can be lucky the first time, however, you can also be unlucky and still be losing money after 100 tries.
For the 96 % RTP slot I used in my simulations, the probability of being in the reds after 100 bonuses is still a bit over 30 %.
After 500 bonuses, it drops to 7,5 %.
So, even after 500 bonuses, there is still a chance to be in red numbers.
No deposit bonuses and freebies However, there are still bonuses that can easily be cleared with profit, even in the current state of online gambling market.
No deposit bonuses and freebies can be used to make money, albeit very little of it.
This was a short summary of the entire article about bonus hunting.
I wanted you to have a basic overview of the topic before getting started with the detailed information and instructions supported by simulations you can find below.
Bonus hunting reached its peak between 2000 — 2006.
The online gambling industry was new.
Finding a 200% bonus with 25x wagering requirements was quite common.
Bonus hunters at that time were able to exploit the positive expected value of a bonus when played on a certain game.
In the graph you can see I did 5 runs and each is marked with a different color.
Casinos' countermeasures So why did it take casinos so much time to notice this pattern?
But in the end the casinos did notice and over time have implemented some countermeasures.
Casinos had to react, because players kept looking for instructions how to make money in online casinos and how to make money from online casino bonuses.
The situation in the past allowed them to win big money in the casino, which, of course, wasn't good for the casinos themselves.
The best bonuses had an expected value close to 0.
Even the best bonuses offered by casinos have a positive expected value of close to the deposit even if played on 98% RTP slots.
That is the main reason why bonus hunting based on positive expected value is history.
There are still 2 other viable options for how to hunt for bonuses in online casinos.
Freebies and no deposit bonuses Do you remember from history lessons how paleolithic tribes were classified either as hunters or gatherers?
No deposit bonuses are closer to bonus-gathering than bonus-hunting.
The gambling community calls these guys freebies.
No deposit bonuses are small bonuses given by casinos usually as a reward for registering a new account.
The most common forms are and.
You can play with these bonuses and win some limited amounts of money.
Free cash and free spins are offered as a form of marketing.
I was trying hard and was barely able to fill the first page of.
So how should you collect these kinds of bonuses?
How to play no deposit bonuses The first thing to do is that you have to find casinos which will give you online casino bonus forums no deposit bonus.
Then you have to sign up.
Keep in mind that these bonuses are a kind of trade between you and the casino.
To get the bonus you need to provide your personal details, email address and sometimes phone number.
So you have signed up and validated your email address and phone number.
Now you have a bonus.
How do you play it the most effective way?
Just spin with predetermined bet size and see what you win.
Step 2: Carefully read the terms and conditions of the bonus.
Step online casino bonus forums You have to decide how aggressively you will play.
Finding the optimal strategy Finding optimal strategy just by experience would be too inaccurate.
To find the optimal strategy I have reverse-engineered 2 high variance with 98% online casino bonus forums medium variance with 96% RTP and carried out a lot of simulations.
I have also modified those slots to 92%, 96% and 98% payout to observe the influence of RTP on your chances to win.
What percentage of a bonus will that player be able to convert if he bet X on certain slot Y?
We calculate the converted percentage later referred as EFFECTIVENESS by simulating the situation 100 000 times.
Running this algorithm a few times I was able to find the optimal bet for certain slot configurations.
For example the following chart shows how effectiveness changes with bet size on 96% high variance slot: Playing a little with bet sizes around 0.
If maximal converted value is 5x bonus then a medium volatility slot is doing a little better.
RTP is the most significant indicator for the success so you should pick your slot by RTP.
Higher RTP works more effectively with lower bets.
Same is true for the slot volatility.
The situation is a lot different as now you can iphone free bonus no uk up to 25 times of the original bonus which favors more high volatility games.
To make your bonus journey more effective: I have run tons of simulations and compiled tables for various maximal converted values X times bonus.
All values are calculated for 50x wagering requirements: Max.
If you decide to choose a bet for optimal effectiveness then the chance to convert a bonus is also quite good.
Conclusion: Free bonuses are a good option to make some money for a coffee or beer.
But if you are eager to win more money for a nice new bicycle for example then read my next chapter which focuses on real bonus hunting.
BUT at the same time I MUST WARN YOU that this technique is much riskier and requires much more work and knowledge than bonus hunting 15 years ago.
Your buffer should be big enough to comfortably meet WR.
So where are the potential problems?
Problems of high volatility bonus hunting strategy Problem 1 - Lack of Luck You have an advantage on your side but you can be unlucky as well.
If you are very unlucky, you can make 50 attempts with no success.
You need a big bankroll when you start, accept the risk and be prepared to repeat this with 50-100 bonuses.
Also your real converted value of a single bonus can vary from few hundreds up to few tens of thousands.
Following table displays your approximate chance to lose all N bonuses and your chances of experiencing a loss after N attempts.
For the simulation I have used my reverse-engineered 96% high variance slot.
Total bonuses Chance to lose all Chance to be in loss Avg.
After 200 correctly played bonuses there will be still almost 20% of players who will be in the red.
And you may also run out of the bonuses — there are many hundreds of casinos but not many thousands of them.
Or you can either start with the best bonuses or take lower bonuses, choose slot with medium to low variance and try to build your bankroll gradually.
You were getting profit from every bonus you played.
If you are looking for a way how to win at the casino every time nowadays, you are simply out of luck.
Unfortunately, there is no such thing anymore.
Problem 2 - Very high wins in few casinos Now imagine that you have started to play this bonus hunting game.
Will they pay you?
On the one hand a good casino manager may notice from your betting style that you are a bonus hunter.
Your style with higher variance will differ a little from the style of casual players who are just killing their time in the casino.
But most of the casinos will pay despite they think that you are a bonus hunter.
Many casinos have introduced an "irregular play" clause with the intention of repelling bonus hunters.
This clause usually states something like: "If we notice any kind of irregular play with bonus a.
But the risk is still considerable.
At the end the casino has the money in its account.
If you want to decrease the chance of being accused of bonus abusing by displaying irregular play then you must avoid making an obvious change in your game style.
Or at least make attempts to disguise it.
An example for this would be to decrease your bet size to 10% of former bet size after you win high.
This will increase the volatility of your betting strategy but not that much as you might think.
And your long-term profit remains same.
But be especially aware of very small casinos with low revenues.
Which casino - out of all the chatroulette working on chrome where you deposited - will be the one where conversion is successful is of course going to be decided by pure chance.
Problem 3 - skill and time required High variance bonus hunting requires a lot of knowledge.
Decide whether the bonus on offer gives you a sufficient statistical advantage.
And even if you are good at all of the above, it will take you online casino bonus forums hundreds of hours to make some reasonable money.
If you think that you can properly do everything described above I may have a better job for you .
Problem 4 - not enough good casinos and bonuses This is more likely to be a problem if you reside in one of countries where gambling is illegal or strictly regulated, or if you reside in country which is well known for bonus abusing.
Tips and tricks for high volatility bonus hunting If you are still thinking about getting involved in bonus hunting, then read my tips and tricks before you start.
This is a condition which is much more important than it looks at first glance.
If you are lucky, then you can forfeit the bonus and withdraw your win.
If you are not lucky then you have a follow-up 2nd chance with the bonus.
If you have a bonus which is NOT CONNECTED TO A DEPOSIT then neither maximal bet restrictions nor game restrictions will be applied for RM play.
I would recommend you to spin poker bonus 100 5% of your real money per round on any medium variance slot with high RTP.
Withdraw when you increase your bankroll more than 7 times.
Then you have the whole bonus to compensate it and make profit.
That is truly a game changer — even a 25% bonus with 50x WR should be profitable in the long run under these circumstances.
After you have either lost the RM or if the bonus is connected with a deposit then follow the following advice: Bonus size in % Bonus size determines your buffer for wagering.
You lose money by spinning and you gain money when you get the bonus.
If bonus is played together with deposit, then bonuses below 25% are usually not profitable.
Profitability of bonuses in range 25%-90% depends on bonus size and your options for how to play them.
Bonuses over 90% are usually profitable.
Bonuses over 90 % are usually not always profitable.
The profitability of lower bonuses generally depends on the WR and other factors.
Maximal new slot value This restriction is usually applied on bonuses not connected to deposit.
If you come across this rule for bonus connected to the deposit the best advice is to keep hands off.
An optimal way to play this bonus can be found in my section.
Maximal bet, maximal bet per line, max.
Bet and game restrictions are the most difficult part to incorporate into your strategy.
What will be the average amount which I reach when I meet WR?
Until then you can try to use my tables at the end of this article.
Wagering requirements WR are still quite overrated… Maybe a relic from 15 years ago when they were a very important part of the bonus hunting landscape.
Pushing volatility to extreme levels unnecessarily increases 2 previously mentioned risks.
And as my simulations show you can comfortably achieve profit anyway without pushing too much.
After you have determined the slot RTP and estimated its variance, then check the following tables to choose the suitable bet size.
this web page is the ultimate feature to regulate the volatility of a slot game: simply double up until you win high enough or until you lose.
And since the chance is 50:50 go here are statistically not losing anything.
By abusing this feature you can theoretically reach effectiveness of bonus conversion close to the game RTP.
But your playing style will be very suspicious.
Be careful as this feature is usually prohibited or restricted in bonus conditions.
Change number of winning lines to 1 If you play a slot with 20 winning lines and hit a winning combination only on 1 line, the win is split among the bet on all 20 lines.
So even if that one line won 10 coins, the bet for the whole round was 20 coins and you actually lost 10 coins.
This happens most of the time with the exception of some special slots with features which allow you to win on all lines simultaneously.
The exact opposite is when you decrease the number of winning lines to 1.
You either hit a combination which gives you 3-15000x of your bet or you lose.
This trick increases volatility of the game 5-15 times depending on the number of lines and other features of a game.
Note that with a lower number of lines the maximal bet allowed by game is usually decreased as well.
However that is a good tradeoff if your maximal bet is already restricted by bonus conditions.
Be aware that some casinos already know about this trick and restrict maximal bet per winline when playing with bonuses.
Take lower bonus If maximal bet limits are set as absolute values max.
Less is sometimes more.
And what about the future?
More and more casinos are fixing the last cracks in their terms of service, which is why casino winning tips such as those in this casino oktober 2020 might only work for a limited time.
On top of that with increasing regulation the choice of online casinos will become more and more casino bonus for everyone.
Countries like Peru which a few years ago had almost no idea about online gambling are now founding their own regulators and stop respecting licenses from trustworthy worldwide regulators like Malta.
Countries with freedom of speech like Czech Republic are adopting legislation for internet blocking like in Russia just to block foreign casinos and bookies.
When most players end up with a limited choice of 20-30 casinos then the times of bonus hunting will definitely be over.
Attachment: bonus conversion statistics tables I have run a number of simulations to build a picture of the chances to convert certain types of bonuses.
If you're looking for the best way to make money at casinos, these simulations might complete the picture.
The best way to clear casino bonuses is right here.
Each of the following 12 tables shows statistics for the combination of 25x or 50x wagering requirements and one of my 7 reverse-engineered slots.
Each row displays values for certain bet size denominated in % of original bonus.
If you want to be absolutely sure about the performance of specific slots then reverse-engineer them and make your own calculations.
Slots with similar-looking volatility may differ in bonus conversion effectiveness at a rate of anywhere from 10-20%.
This article was really long one, the work he did was priceless.
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