Latest CASINO BONUSES 2023
We at BonusHunting.net try to observe all actual bonuses that may bring profit. Casino bonuses are incentives that online casinos offer to both new and existing players to enhance their gaming experience, attract new players, or retain existing ones. Bonuses can come in a variety of forms. Here are a few common types:
- First deposit bonus. That is the bonus that you get with your first deposit to online casino. Usually it is around 100% of deposit amount and limited with $100-300 with exceptions for high-rollers – they may bet more. Such kind of bonuses always have wagering requirements. Wager is usually around 40x.
- No Deposit Bonuses. That is the bonus that you get with no need to make deposit. All you need to get such kind of bonus is just to open account. Not each casino offer no deposit bonuses, it is rare and usually have winning limits.
- Free Spins. Free spins may be given as a part of first deposit bonus or in several different ways. That is one of most profitable casino bonuses
- Reload Bonuses: These are deposit bonuses given to existing players. They encourage continued play by topping up the player's account with extra funds.
- Loyalty Program Rewards: Most casinos have a VIP program where players earn points by making bets or playing specific games, which can later be converted into bonuses or cash.
There are a lot of different types of casino bonuses but main of them are listed below.
Bonus hunting, also often referred to as bonus bagging or bonus whoring, is a strategy where players seek to profit from the bonuses offered by casinos. The idea is to maximize profits and minimize risks by exploiting the bonuses. Here's how it usually works:
Find the Right Bonus: Bonus hunters start by finding the most valuable and favorable bonuses. They often look for high match percentages and low wagering requirements.
Calculate the Expected Value: They calculate the “expected value” (EV) of the bonus offer to see whether it's profitable over the long term.
Fulfill the Wagering Requirements: Wager the minimum amount on low-risk games to fulfill the wagering requirements without losing much of the initial deposit or bonus money.
Withdrawal and Repeat: Once the wagering requirements are met, the bonus hunter will withdraw the money and move on to another casino with a favorable bonus offer.
However, it's important to note that bonus hunting isn't as profitable or easy as it once was. Most online casinos have implemented strict wagering requirements and other terms and conditions to prevent exploitation of their bonus offers. Nonetheless, understanding how bonuses work can still provide an edge and enhance the player's experience.
Lastly, it's essential to remember that gambling should always remain a form of entertainment. Chasing losses, spending more than one can afford, or attempting to make a living out of gambling often leads to negative outcomes.
Good luck, bonus hunter!