Some of these can be very worthwhile and bonus hunters make a point of finding the most worthwhile bonuses in order to make a profit from the bonus alone.
This is known as new casino bonus hunting. It is important to understand all areas of the bonus if you want your new casino bonus hunting to be successful.
Understanding the Bonuses
There are many different types of bonuses that are available. Even among the new casino bonuses, there are a variety of available options. These most commonly include first deposit bonuses and no deposit bonuses. When online casinos decided that new casino bonus hunting was becoming a problem, they introduced the concept of sticky bonuses.
Sticky bonuses are bonuses that can be used to play games at the online casino, but that cannot be withdrawn with a player’s winnings. These were introduced as a way to reduce the profits of bonus hunters and to make it more difficult for them to be profitable. Some no deposit bonuses or even deposit bonuses are classified as sticky bonuses.
Understanding the Wagering Requirements
All online casino bonuses have wagering requirements that are attached to them. Wagering requirements have also become a lot more limiting since online casinos became concerned by the number of new casino bonus hunting players they were attracting to their sites.
Wagering conditions determine the number of times the player will have to play through their bonus amount or the number of times the bonus amount plus deposit must be multiplied by in order for you to be able to withdraw your winnings.
It will also determine the games that you can play using the bonus and how much each game will count towards fulfilling the wagering requirements. Each bonus and casino will have unique wagering requirements. If a bonus has very limiting wagering requirements attached to it, it may not be worthwhile to use. When new casino bonus hunting, you must take the wagering conditions into account.
Choosing a Game to Play
As a way to limit new casino bonus hunting, casinos have limited the games that players can use to fulfill their wagering requirements. Typically, the online casinos have excluded games that provide low risk betting and players who take part in new casino bonus hunting are now forced to play on games with higher elements of risk involved.
The chance of new casino bonus hunting players losing their deposit and bonus on games such as keno and slots is much higher than on games such as blackjack and roulette where the average wins and losses are much smaller.
This is the reason that it is not as easy to find bonuses that you can play blackjack or roulette with. New casino bonus hunting can be profitable if you know what to look out for and you look carefully at all the fine print of the bonuses before you accept one.