Bonus hunting at Australian online casinos
In this article, we are going to talk about a relatively new phenomenon in the world of online casinos – bonus hunting. What does this concept mean and who are the bonus hunters? How to get the maximum profit from online gambling using bonuses at online casinos?
What tools and formulas are used for bonus hunting? How to become a bonus hunter and earn money in online casinos? What should you look for and what to avoid? If you learn about this concept, you can win money at casinos permanently. The second part of this article contains information for bonus hunting in 2020.
If you are not familiar with the concept of bonuses, wagering requirements and bonus hunting, we recommend that you read the following sections of our website before reading this article further:
- What is a wagering requirement at online casino bonuses?
- How to win at a casino using a bonus (Formula for bonus hunting)
- What is RTP (return to player percentage) in online pokies?
What is bonus hunting?
There is a group of punters that are hunting for online casino bonuses with excellent terms and low wagering requirements. Bonus hunters are looking for the most generous bonuses that allow them to have the positive mathematical expectation of winning in the online casino. There are different bonus promotions in the online casino. With them, online casinos attract new players and keep existing ones. There are welcome bonuses, no deposit bonuses, loyalty in the form of comp points, free spins, reload bonuses and other types. All these promotions are developed to attract new players and to motivate existing ones.
A bonus hunter is a player who is looking for an opportunity to safely complete the wagering requirements of bonus in a casino and to cash out real money. He does this all the time by registering new accounts at multiple trusted online casinos. He is using a bonus hunting strategy to find all generous bonuses and welcome deals. For a player to win money, it is not enough to play. Following a bonus hunting formula is necessary. Learn more about the confident expectation of winning on a casino game by clicking on the link “formula for bonus hunting” at the top of this page.
Examples of generous bonus offers
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Let's try to explain the possible usage of bonus hunting with an example:
- A player deposit €100 at an online casino using the welcome bonus. He will receive a 100% bonus (his deposit will be doubled up to €100). The wagering requirements for this bonus is 35x (€3,500). After completing the wagering requirements, he can cash-out bonus money to his e-wallet or bank card.
- The player gambling via small stakes in Blood Suckers, which has 98% RTP. The player does everything to complete the wagering requirements safely and to earn money: the player does not fall into a rage, does not increase stakes and is using the stake according to the rule of 200 total bets on the account balance (if has €200, the stake per single spin is €1).
- After player cash-outed the money, he is searching for the new generous bonus deals in different online casinos.
- After some time, a lot of online casinos, where the player has an account already will send to him generous reload bonuses to return him to gambling. These deals can have low wagering requirements 40x (or below).
This tactic is called bonus hunting. In a typical situation, meeting the wagering requirements takes longer if you are playing via small stakes. However, increased stakes carry the additional risk of losing.
Bonus hunting at an Australian online casino
Trusted Australian online casinos offer bonuses with wagering requirements between 35x and 40x. Use this bonus to play pokies with RTP (return to player percentage) higher than 97%.
When playing pokies with 98% RTP (such as Blood Suckers), you earn (statistically) 0.86% (for 35x wagering requirements) and 0.5% (for 40x) of each bet you make. This gives you €8.6 per each €1000 wagered.
Accelerating the wagering
Use the autoplay and quick spin features on a pokie to make 80 spins per minute. That is at €5 stake per one minute you are wagering €400. Using the proposed model, your averages earnings (based on the mathematical calculation) will be about €3.44 per minute. Sometimes you will lose, but sometimes you will hit big winning. The risk of loss and the potential of winning is based on the volatility rating of the pokie.
What conditions must be met for bonus hunting
Speaking about the personal qualities of a player who is planning to gamble professionally in an online casino we should highlight commitment, psychological stability, endurance and the ability to control himself. The most important thing does not blow out and does not deviate from the given formula for bonus hunting.
- First, a bonus hunter is always looking for trusted online casinos because half-scams wouldn't pay money to bonus hunters. Examples can be found on our list of scams.
- The online casino should have generous bonuses and promotions.
- The third condition is to find deals with low wagering requirements.
- When you select your stake per single spin, you must always follow the rule to have enough money in your balance to cover at least 200 bets of the same value.
- To use the bonus hunting strategy try to find online casinos that do not require account verification and not asking to upload documents. Keep in mind that sooner or later an online casino will ban you from its promotions. If you do not send your passport (ID), your accounts cannot be linked.
I decided to become a bonus hunter. What to do next?
If you want to become a bonus hunter, then you should search for good casinos with the best bonus offers in the industry. It is essential to choose casinos with an excellent reputation that do not want to see negative comments about themselves on online forums and websites.
It’s important to remember that casinos don’t like bonus hunters. However, some operators will pay to players that are continually winning as long as they do not earn large sums. For these online casinos, their reputation is much more critical.
How to find the best bonus deals
As we have already mentioned, most of the work for bonus hunting is not in the gambling itself. It has more to do with the search for appropriate bonus offers to earn money and to check the reputation of the online casino. We have prepared a few rules that should be applied to looking for lucrative offers for bonus hunting.
- First, you must select those casinos that inspire confidence. Check them out by searching more about the casino on search engines with the words "do not pay", "deceived", "deception" and "thieves". At this stage, you should keep out of casinos with questionable software. Also, stay away from casinos that use Playtech (only) and Microgaming (only) software.
- It is recommended to sign up with the casinos which are available on our site. Also, you can always turn to us for help if you registered with one of our recommended places. To get in touch, use email@example.com.
- Once you have selected potentially profitable casino bonuses, where you can practice bonus hunting, you need to choose casinos that fits your payment method. Pay additional attention to "trust rating" numbers.
- Carefully read the reviews of each of the partners and pay attention to the news and announcements of bonus offers at each casino. Make bookmarks for each page. It is necessary to schedule your deposits and receive notifications of upcoming bonuses directly from the bookmarked pages.
- After that, you need to filter out the best bonus offers with low wagering requirements (clicking on the blue button). The lower wagering you will find, the more profitable your bonus hunting strategy will be.
- Also, carefully read the bonus terms and conditions. Search for bonus terms and "fraud activity" sections. If they are okay, register an account. If in the review of online casino, it states, that casino always asking for the account verification, it is wise to send documents before making the first deposit.
- Afterwards, make a deposit and claim the bonus. Having accounts at 5-7 trusted casinos, you will receive many reload offers and your balance on your e-wallet will grow fast.
The formula for bonus hunting
On our website, there is a page where the possibility of using bonus hunting is mathematically calculated. To successfully use this strategy, you must play a game with an RTP of 97% and above and claim a bonus with wagering requirements of 40x and lower. Learn more about this on the following page:
On this page, you will find mathematical calculations and a lot of examples of bonuses usage. It is essential to understand our calculations to have a complete understanding of how the system works.
Things to avoid
If you verify your account before making a deposit, you will be much safer during the cash-out. Do not register multiple accounts from one IP address to different personal details. Do not register several times in the same online casino. Ideally, it is better to use a virtual machine to change the MAC address and the computer name. Remember that although bonus hunting is not officially prohibited, casinos don’t like these players because of one reason - they always win.