In the early days of online casino gambling, online casino bonus amounts were big and the number of casinos sites was small. The wagering requirements were low and there was no such notion as bonus hunting. Such a concept did not exist, although a few smart players quickly discovered how to profit handsomely from online casino bonuses.
Online casinos that offer no-deposit or match bonuses with very low wagering requirements and without limiting players to specific casino games were easy prey. With huge bonus hunting was almost non-existent, mostly because the Internet itself and online casinos were quite new.
Serious bonus hunting began in Denmark. Because they have figured it out on how to cheat in online casino. It was simple: you made a deposit of $100 and you got a $100 bonus. You would make a few low-risk bets and then withdraw $200 or more. It was an easy and sure way to make a profit.
You'd get your deposit back on your credit card in several days and the winnings would come by check in a week or two. Bonus hunters would click from casino to casino, open new accounts and get bonuses. By registering at a few casinos a day, one could earn a good return on investment at very low risk. Fantastic!
A relatively small number of Danish online casino bonus hunters were not a huge threat to the casinos, but when Danish TV aired a program about online casino bonus hunting, thousands of Danes decided to get some easy money. Lots of clubs, sites and forums for bonus hunters emerged after that TV program and a wave of Danes overflowed online casinos.
According to some research, some people got to visit more than 200 casinos just to claim bonuses! Multiply this by thousands of participants and it's easy to see how casinos lost millions of dollars. No wonder they no longer tolerate bonus-hunting.
- Online casino struck back by implementing a number of measures to stop bonus-hunters:
- Online casino closed doors for Danes, other canceled bonuses for them.
- Online casino greatly increased wagering requirements.
- Online casino introduced “sticky” bonuses, so you can not withdraw bonus amount at all.
- Online casino forbade risk-free bets like fore example, simultaneous bet on red and black or games where such bets are possible especially in roulette, baccarat and craps.
- Online casino disallowed games with low house edge such as blackjack and video poker to fulfill wagering requirements.
Meaning, other online casinos expand the list of casino games forbidden for bonus wagering. Blackjack or Video Poker are either forbidden or bets needs increased by 2-4 times. Some preferred bonuses which might be wagered in slots only.
Does it mean that bonus-hunting is dead? Not at all! It’s just become much less profitable for those who aim to cheat the casinos. According to the GamblingAdvisor.com, there are currently well over 2,000 online casinos in operation. All of them are vying for your business. And they lured you by offering huge bonuses. As long as the competition is fierce, bonus hunting will be part of online casino.
0 comments:
Post a Comment