In recent years, as governments have begun to delve into online gambling, regulators have tightened regulations. To prevent problem gambling, protect players and make online gambling fairer, regulators have introduced many new regulations. They also looked at bonuses and promotions, free spins etc, spotted anomalies and loopholes in the regulations and set a set of rules on how these offers could be delivered.
Operators saw this as an opportunity to make wagering requirements much harder to meet, especially for bonus hunters. Whereas in the past the wagering requirements were, say, 5 times the bonus amount, today they are anywhere from 15 to 50 times the bonus amount!
If you are new to online gambling, a wagering requirement is a condition that requires a player to wager the bonus amount several times before they can withdraw the money they have earned with that bonus. For example, if you claimed a 15USD bonus in the past with a 5x wagering requirement, this would mean that you would have to deposit and play with only 75USD to withdraw your winnings. This was very easy to achieve when playing a game such as blackjack.
But if you claim a 15USD bonus in today’s day and age, with 20 times wagering requirements (which today are considered reasonable wagering requirements), it means that you have to deposit and play with 300USD before you can actually withdraw your winnings!
Also, betting on low edge games like blackjack, which used to be great for meeting turnover requirements, only counts for a small percentage of the turnover requirements today. And with all this, it is rather difficult to play a bonus game on the hunt today.
You can’t just go from one site to another, collect their bonuses and cash out your winnings the way bonus hunters did in the past.
Is bonus hunting, Bonus Hunting still effective?
As explained above, with the new strict rules and higher wagering requirements, you probably come to think that bonus hunting is now absolutely impossible. But, you would be wrong. Sure, it may be a lot harder to do, but it is achievable.
Opportunities to circumvent wagering requirements are extremely rare, but they do exist. But whether bonus hunting is still effective, you’ll find out for yourself.
There are various online casinos that give no deposit, no wagering offers that you can take advantage of. Be careful though, because none of the bonuses are completely free, so they must have some rules attached, like withdrawal limits or something like that. Although tempting, these offers will keep you on the site for some reason.
You may find a No Wagering Requirements offer with no wagering requirements, but this offer is bound to have some restrictions, some other condition, something that would require you to make at least one deposit and play at the casino before you can withdraw your winnings. Today’s casinos are well aware of bonus hunting and do everything they can to guard against it.
But as long as you aren’t greedy and aren’t looking for real cash profits in bonus hunting, you can actually enjoy sweet bonuses at most online casinos.
For example, you can claim Free Spins No Deposit.
Look for bonuses with the most reasonable terms that you can meet in a short period of time. Consider this as a new modern bonus hunt at new casinos. As long as you submit offers that offer reasonable requirements that you can meet within a few days, you can always move on to the next page to try your luck there. Whether this modern way of bonus hunting is effective and whether you would like to try it out is up to you. Many players still do it, trying to profit from it, and with a bit of luck some even succeed. But the fact is, it’s a lot harder and more complicated than it used to be, so keep that in mind.