Bonus Hunting in 2019 is no easy feat, that’s why a lot of bonus hunters need effective tips for bonus hunting. Thanks to casino abuse, online casinos made it harder for bonus hunters to make a profit off of online casino bonuses. They’ve seen through the scheme of bonus hunting and have made it more difficult to complete both the terms and conditions plus wagering requirements.
But fret not, bonus hunting is far from illegal. After all, their main purpose is to attract players into the online casino offering them, and that’s still happening.
Here are 5 Effective Tips for Bonus Hunting that Will Still Work in 2019
1. Choose the Right Casino Bonus
The first step to profitable bonus hunting is using the right online casino bonus. There are many types of casino bonuses, all of them attractive enough that you’d want to claim them. But not all casino bonuses are made equal. There are ones that are better than others.
Should you Claim the Bonus or Not?
You will answer this question depending on the promotion.
If you have a Free Credit bonus that promises up to RM500 Free Credit to play with and “no deposit required”, then there must be a catch.
Casino Bonus for New Players
- Free Credit
- Welcome Bonus/Sign Up
- No Deposit
For Existing Players
– Welcome/Sign Up Bonuses are often the most generous bonuses.
– Stay away from No Deposit Bonuses.
If it’s the Right Casino Bonus…
- Read the Terms and Conditions
- Make sure the Wagering Requirements are Realistic
Great! You found a casino bonus whose Terms & Conditions and Wagering Requirements are manageable (and that you won’t be sticking your neck out for anything), then the next step would be…
- Make Sure You Get the Maximum Amount of Said Bonus
Sometimes online casinos will require you to make a minimum deposit, and that will gauge how big the bonus will be. Make sure you will be able to get the maximum account. As they say in Poker: all in!
This will still work in 2019 because more and more online casinos are popping up left and right. And with them, come casino bonuses. You won’t have trouble bonus hunting if that’s the case.
2. Choose the Right Online Casino Games
People revert to bonus hunting for a reason, and it’s because they can’t cheat online casinos and their casino games. Random Number Generators are still, more or less, foolproof. So online gamblers look to the outside-game-forces that will help decide their fate i.e. bonuses that increases the player’s edge.
If you claim the bonus, you will have to decide where to use it.
Tips for Bonus Hunting #2:
Pick the right casino games: the ones with a Low House Edge
Games with Low House Edge:
- Online Slot
- Video Poker
Other Gambling Sites Bonus Hunters can Exploit:
- Sports Betting
3. Use Probability to Make a Sure Profit
The real Bonus Hunters won’t risk money on a casino bonus or a game and then just leave it up to chance. Bonus hunters must be familiar with a bit of mathematics, especially calculating probability. One of these ways is to calculate for Expected Value
Expected Value – calculating the potential winnings for each outcome by multiplying your bet by the decimal, then subtracting the bet. IN SHORT, it’s the expected value returned on every bet.
Only take bonuses with a Positive EV. This means we can turn the casino’s house edge into our own edge.
The most secure way to bonus hunting is playing the Low House Edge games like Blackjack (0.5 – 1%) and Slots (2 – 3%). In theory, you will lose % out of your total wagering amount depending on the Wagering Requirements.
But for example:
- Deposit RM10.00
- Get RM50.00 bonus with a wagering requirement of 24x.
- All in all, you will have to bet RM1,200 before you can withdraw.
Let’s use European Roulette for our EV example:
European Roulette (2.7% house edge)
EV (Expected Value) Formula:
EV = Bonus – WR x Casino House Edge (%)
EV = RM50 – RM1,200 x 2.7% = RM17.6
This yields a positive EV, which means that it’s safe to play European Roulette because you can win RM17.6 per bet. The point now is to bet as many times as possible to make the probability come true.
4. Play at Trusted Online Casinos in Malaysia
And last but not the least, play at a trusted online casino you know. The point of bonus hunting is reaping profit. You won’t be able to do that if the casino doesn’t let you withdraw your winnings.
Only blacklisted and scam online casinos don’t let players withdraw their winnings..
Still, make sure that you don’t come off as a suspicious player. If the online casino thinks you’re just bonus hunting, even if they are a trusted online casino, they might not let you withdraw your winnings as punishment for trying to make a profit off of their business.