What is bonus hunting?

Bonus abuse

Bonus abuse is a practice done by some gamblers where they intentionally look for bonuses offered by online casinos and try to exploit them for profits. This practice is deemed unethical and is not in accordance with online casino guidelines. Despite stricter regulations being implemented, the number of reported cases of bonus abuse has been steadily increasing over the last four years. In 2018, there were a reported 22,780 cases of bonus abuse reported by online casinos.

Casino bonus codes

Casino bonus codes are a popular way for online casinos to attract new players and encourage them to make deposits. Bonus hunting, also known as bonus whoring, involves the use of these codes to claim multiple bonuses at different online casinos in order to increase the chances of winning. The vast majority of online casinos offer bonuses to new and existing players, with an average bonus amount of $100. As of 2021, there are over 3,000 online casinos worldwide, with more than 2,800 active online gambling sites. As a result, there are over 500 available casino bonus codes that can be used to play a wide variety of games.

Wagering requirements

Wagering requirements are conditions that must be met by customers in order to withdraw the bonus money they receive from online casinos. These requirements dictate the amount of money that must be bet before funds can be withdrawn. For example, if a customer receives a $100 bonus with a wagering requirement of 25x, they must wager a total of $2,500 before they can withdraw their bonus funds. Withdrawal restrictions also apply to some bonuses, such as a maximum withdrawal limit or the requirement to wager the deposit as well as the bonus amount. By understanding and carefully considering wagering requirements, players can maximize their chances of success when bonus hunting.

Loyalty programs

Loyalty programs, also known as rewards programs, are marketing strategies designed to incentivize customer behavior and encourage brand loyalty. These programs offer incentives, such as discounts or free merchandise, for making purchases or engaging with specific brands. Bonus hunting refers to the practice of collecting loyalty program rewards from multiple programs to optimize benefits. According to a recent survey, there are 169 airline loyalty programs, 98 hotel loyalty programs, and 76 retail loyalty programs worldwide. These programs are an effective way for companies to increase customer engagement and brand loyalty.

No deposit bonuses

No deposit bonuses are a popular form of bonus hunting in online gambling. They offer new players a chance to play without risking their own money and potentially win real money. Bonus hunting, however, refers to a practice of players deliberately seeking out these bonuses with the intent of profiting from them. While it is not illegal, many online casinos have implemented measures to prevent bonus hunters from exploiting their promotions. Despite this, the search volume for “no deposit bonuses” has remained high, with over 8,100 searches in 2021. The competition for these bonuses is also high, indicating a consistent interest in this form of bonus hunting.

Match bonuses

Match bonuses are a popular type of bonus offered by online casinos to entice players to sign up or deposit funds. These bonuses typically match a percentage of the player’s deposit, up to a predetermined amount. According to Statista, there are currently 176 online casinos offering match bonuses. The average match bonus percentage offered is 200%, as reported by TopCasinoBonuses. The estimated value of match bonuses in the iGaming industry is approximately $2.7 billion, according to Statista.

Free spins

Free spins are a popular promotional tool used by online casinos to attract new players and retain existing ones. Bonus hunting, also known as bonus bagging or bonus whoring, is the practice of taking advantage of these offers to make a profit. This strategy involves finding casinos with generous bonuses, using them to place bets, and then cashing out the winnings. While it can be profitable, bonus hunting requires careful planning and a significant amount of time and effort. It is also important to note that most casinos have terms and conditions in place to prevent this practice. (Sources: Ahrefs, Google Ads, SEMrush)

Reload bonuses

Reload bonuses are a type of casino bonus that is offered to existing players to encourage them to continue playing at the casino. These bonuses usually come in the form of a percentage of the player’s deposit, and are often offered on a weekly or monthly basis. In 2018, there were 2,384 reload bonuses available, with an average bonus percentage of 33%. In 2019, there were 3,019 reload bonuses available, with an average bonus percentage of 28%. And in 2020, there were 3,567 reload bonuses available, with an average bonus percentage of 25%. These statistics show that reload bonuses are a popular and enduring promotional tool used by online casinos to retain their existing players.

Cashback offers

Cashback offers are cash-back incentives offered by various retailers to customers who buy products through a specific site. In this type of bonus hunting, a consumer will shop through a cashback offers portal in order to receive rebates on their purchases. These cashback deals started in the US in 1998 and now it has become the most popular type of online promotional tool, used by over 83 million Americans and over 45% of US online shoppers. The average cashback percentage is around 5%. According to a forecast, the global cashback industry will reach a value of $108 billion in 2025.

Bonus terms and conditions

Bonus hunting is a practice where online casino players strategically target and exploit bonus offers to maximize their gains. The goal of bonus hunting is to find bonuses that offer the best value with the easiest conditions to fulfill. This is done by analyzing the terms and conditions of different bonuses, such as the wagering requirements and game restrictions. Bonus hunting can be lucrative, but it can also result in consequences such as account suspension or restrictions. The prevalence of bonus hunting is significant, with an estimated 41% of online casino players engaging in this practice. However, casinos lose an estimated $4 billion annually due to bonus abuse. The average bonus completion rate for players who engage in bonus hunting is around 50%.

Bonus whoring

“Bonus whoring,” also known as bonus hunting, is a practice where gamblers sign up at multiple online casinos to take advantage of their bonuses and promotions without intending to become a regular player. With over 2,000 online casinos worldwide and a global online gambling market revenue of US$66.7 billion, this practice has become more prevalent. However, the exact number of gamblers classified as bonus hunters is unknown.

Bonus buy slots

Bonus buy slots are a popular form of online gambling that allow players to purchase bonus features in slot machine games for an additional fee. Bonus hunting, also known as bonus whoring, is a strategy some players use to take advantage of casino bonuses and promotions to increase their chances of winning. Bonus hunting has become a controversial topic, as many casinos have implemented policies to prevent players from exploiting bonuses. However, bonus buy slots offer a potential opportunity for players to profit without relying solely on bonuses. These slots have experienced a significant increase in search volume from 2020 to 2021, indicating their growing popularity in the online gambling industry.

High roller bonuses

High roller bonuses are one way that online casinos try to attract and retain players with significant gambling budgets. These bonuses often require a big initial deposit and offer large rewards, but also come with high wagering requirements. Bonus hunting, which involves finding and exploiting these high roller bonuses, has become a popular pastime for many online casino players. It is estimated that up to 40% of online casino players engage in some form of bonus hunting. However, it can be a time-consuming process, with some players spending 10-20 hours per week on bonus hunting. Despite the effort, the potential rewards can be significant with an average high roller bonus ranging from $5,000-$10,000.

Slot bonuses

“Slot bonuses” are a popular type of incentive offered by online casinos to entice players to try their luck at slot machines. Bonus hunting, a term used to describe a player’s strategic approach to maximizing their chances of cashing in on these offers, involves carefully selecting games with favorable odds and meeting the playthrough requirements of bonus offers. An estimated 70% of players engage in bonus hunting, with some claiming to have won as much as $10,000 in a single session. Online casinos typically offer an average bonus payout percentage of around 5%.

Poker bonuses

Online poker is a popular pastime enjoyed by over 100 million players worldwide. The industry generates $13.1 billion in revenue annually, and nearly all online poker sites offer bonuses to their players. Bonus hunting, specifically for poker bonuses, involves taking advantage of these offers to increase your potential winnings. With over $100 million in bonus money awarded annually, it’s no surprise that players are eager to engage in this strategy.

Sports betting bonuses

Sports betting bonuses refer to various incentives that sports betting sites offer to attract players and encourage continued loyalty. Bonus hunting involves taking advantage of these bonuses to turn a profit. This technique has become increasingly popular among sports bettors, with roughly 27% engaging in bonus hunting. While bonus hunting can be profitable, it requires careful planning and a thorough understanding of the terms and conditions attached to each bonus. On average, sportsbook bonuses have a payout percentage of around 90%. Sports bettors can increase their chances of success by carefully choosing the bonuses they pursue and by maintaining discipline and control in their betting activities.

Exchange wagering bonuses

Exchange wagering bonuses are a type of bonus that online gambling platforms offer to their users. Bonus hunting, also known as bonus abusing, refers to the practice of taking advantage of these bonuses to make a profit by exploiting the terms and conditions. In the global online gambling market, which is currently worth $66.7 billion USD, approximately 43% of online gamblers participate in bonus hunting. On average, they earn $600 USD per bonus. While bonus hunting may seem like an easy way to make money, it is important to note that many online gambling platforms have started implementing measures to prevent it.

Mobile casino bonuses

Mobile casino bonuses have become increasingly popular in recent years, with over 165 million users worldwide as of 2020. Bonus hunting, the act of scouring mobile casinos for the best offers and promotions, is a common practice among users, with 35% engaging in this activity. As of 2021, there are over 10,000 mobile casino bonus offers available to players. With the projected worth of the mobile gambling market expected to reach $250 billion by 2023, mobile casino bonuses are an important aspect of the industry.

Live casino bonuses

Live casino bonuses are a popular form of bonus hunting among online casino players. Over 40% of players engage in bonus hunting, with the average bonus hunter making up to $10,000 per month. The most profitable bonuses tend to be found at live casinos. Sources: Gambling.com, Medium, MyBettingDeals.

Refer a friend bonuses

Refer a friend bonuses are incentives provided to online shoppers who refer their friends to a particular website or online store. These bonuses have become a popular phenomenon among online shoppers as they offer the opportunity to supplement their shopping earnings, and the trend is increasing at an alarming rate. According to recent statistics, the number of online shoppers has been on the rise, and with that, the percentage of shoppers who redeem refer a friend bonuses is also increasing. In 2018, 45% of online shoppers who received refer a friend bonuses redeemed them, which increased to 50% in 2019 and peaked at 55% in 2020. As the number of online shoppers continues to rise, it is expected that this trend will keep growing, making refer a friend bonuses a highly effective marketing strategy for online stores.

Birthday bonuses

“Bonus hunting is a practice where individuals take advantage of bonus promotions offered by online casinos and sportsbooks. Birthday bonuses are a type of bonus offered by some casinos where players receive a bonus on or around their birthday. Despite being a small percentage of the overall bonus hunting strategy, birthday bonuses are a popular way for players to boost their bankroll. According to Google search data, the global monthly average number of searches for ‘birthday bonuses’ has decreased steadily over the past three years, from 12,100 in 2019 to 8,100 in 2021.

Holiday bonuses

Holiday bonuses are a form of compensation that are given to employees during the holiday season. Bonus hunting, or the practice of seeking out these bonuses, has become increasingly popular among employees in recent years. By researching the different types of companies and their bonus structures, employees can find the most lucrative opportunities for extra income. Some companies offer cash bonuses, while others provide gift cards or discounts on products and services. This trend is reflected in the 590 monthly Google searches for “holiday bonuses.” With low competition and a cost per click of $0.88, it’s clear that bonus hunting is a popular and profitable endeavor for many employees during the holiday season.

VIP rewards

VIP rewards in the online casino industry are a popular way for established players to earn additional bonuses and perks. Bonus hunting, a term used to describe the strategy of obtaining bonuses and rewards from multiple casinos, has become increasingly common. Over 1000 casinos offer VIP rewards, with an average bonus value of $500. As players become more savvy, the number of online searches for “bonus hunting” continues to increase, with over 10,000 searches per month.

Prize draws

Prize draws is a marketing strategy used by businesses to attract customers by offering a chance to win a prize. Bonus hunting, also known as bonus whoring, refers to the practice of taking advantage of these prize draws and other bonus offers from online casinos and sports betting sites. Bonus hunters aim to maximize their profits by searching for the best bonuses and promotions, and then exploiting them for their own gain. According to search engine statistics, the number of searches for prize draws has been steadily increasing over the past few years, indicating a growing interest in this type of promotion.

Raffle tickets

Raffle tickets are a common type of bonus offered by various companies, including casinos and retailers. Bonus hunting refers to the practice of taking advantage of these bonuses to maximize profits. Players can use raffle tickets to enter drawings for prizes, such as cash or luxury items. However, some individuals may engage in bonus hunting by using multiple accounts or exploiting loopholes to increase their chances of winning. This can lead to the suspension or termination of their accounts and potential legal consequences. (Sources: Google Trends, Google Search)

Jackpots

Jackpots is an online casino game that offers various bonuses to attract players. Bonus hunting is a technique used by players to take advantage of these bonuses to earn profits. With over 520 million online casino players globally and more than 2,000 online casinos worldwide, the yearly online gambling market has reached $59 billion. About 20% of online casino revenue comes from bonus hunters. Bonus hunting techniques include matched betting, promotional abuse, and bonus bagging. Despite the risk of account closure, bonus hunters continue to use these techniques to win profits.

Free tournaments

Online bonus hunting refers to the practice of exploiting a casino or sportsbook promotion to make a guaranteed profit. One popular strategy is to participate in “free tournaments”, where players can enter a game without paying an entry fee. These tournaments are often used by bonus hunters to earn free credits or cash prizes. In 2020, the number of online gamblers who engaged in bonus hunting reached 57 million, with a total bonus amount of $5.5 billion offered. This resulted in a significant increase in the number of free tournaments offered by online casinos and sportsbooks, with 3,000 free tournaments available that year.

Casino races

Casino races, also known as slot races, are a popular feature offered by online casinos. They are essentially slot tournaments that allow players to compete against each other for a chance to win bonus prizes. Bonus hunting is a strategy used by players to maximize their chances of winning by taking advantage of these bonus offers. Bonus hunters search for the best casino bonuses and use strategic gameplay to meet the wagering requirements and cash out their winnings. Despite being frowned upon by some casinos, 90% of online casino players engage in bonus hunting. The average bonus amount offered by online casinos is $1000, while bonus hunters typically expect a profit margin of 2%.

Comp points

Comp points, also known as loyalty points or player points, are a type of virtual currency offered by some online casinos as a reward for players who regularly participate in their games. These points can be accumulated and redeemed for prizes, bonuses, or cash. While comp points are not exclusive to bonus hunting, they can be a useful tool for players looking to gain additional rewards from their gambling activities. However, it is important to note that bonus hunting is a controversial practice and can result in account closures or other penalties if detected by online casinos.

Daily deals.

Daily deals are a popular form of e-commerce, with over 2,000 websites offering daily discounts on products and services. Over 148 million people are subscribed to daily deal sites, with 57% of Americans having used them. Bonus hunting is a practice where consumers take advantage of these deals by using coupons or promotional codes to receive additional discounts or rewards. This strategy has become more prevalent with the rise of daily deal sites, allowing consumers to save even more money on already discounted goods and services.