Bonuses and other rewards perfectly work in sports betting just as in other spheres. This much leads to new client flow who fall for such offers.
Some even sign up with bookmakers deliberately just for using the benefits. They are literally hunting for bonuses. It may mean nothing for a newbie, but in fact it’s relatively common in betting.
Bonus hunting is a hunt for benefits from sportsbooks, which are usually offered to new and existing clients. Except for bookmakers, the places to operate are online casinos with poker rooms. Would need to dig a little deeper to grasp the essence of the strategy.
Scale up the bankroll only using free riskless wagers - that’s what bonus hunters do. The approach perfectly works on the basis of surebets: a gambler signs up with a couple of bookmakers and places free bets for different outcomes of the same competition. This way the bet with at least one of the bookies would pay off.
The concept was quite popular around 5-7 years ago. The terms were extremely compelling and no one even followed the multi-account violation. Sportsbooks are now more meticulous about promotional offers establishing some truly rigid rules for winning back the bonuses.
Aside from all the appeal, bonus hunting is hardly an excellent betting tactic. And here is why.
The way the bookmakers treat the bonus hunters is extremely negative. The strategy is frowned upon which makes perfect sense. No point in giving out free stuff if that won’t make the gambler stay, but he’ll ultimately be rambling around other bookies.
The management keeps a close eye on the clients’ accounts, especially those who are using bonuses, and will definitely take action if suspected of bonus hunting. There are two potential scenarios that may take place:
It's not rocket science to spot the gambler who’s misusing their promotional offers. Nearly all bookmakers cooperate with each other, so it’s hardly a problem to track them down by the Security Service.
Absolutely all sportsbooks provide some kind of benefit. Here are some common offers the gamblers can get:
Large scale bookies are constantly giving out new and unique promotional offers to their clients, so it’s actually impossible to find the full list somewhere on their website. As a matter of fact, these bonuses are set up for client retention.
Though the whole hunting thing is rather attractive, there is no point in doing it in the first place. Not only is there no manual for hunters, there are so many flaws like:
Bonus hunting is slowly leaving the business. Only some 5-10 years ago the gambler could earn a pretty penny with promotional offers. Now considerable income is virtually impossible with this kind of strategy.
Bonuses should be considered as add-ons but not as a way to earn a living. Especially because the hunting may lead to account suspension.
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