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Online betting information site Wizard of Odds has published their latest informational article related to the world of online gambling, as the site has released their “Bonus Hunting, Then and Now" guide.
The guide reveals the short history of bonus hunting, or “bonus whoring” as it has affectionately become known among those in the online gaming community, while also analyzing modern day bonuses and explaining the math behind them. The guide also provides valuable information about the various methods that casinos utilize to keep players from walking away ahead, and how you can minimize the odds of that happening.
Casino bonuses are a lucrative way for online betting sites to get customers through their virtual doors, offering up free money that can boost player bankrolls by up to 200%. These can be obtained through what are referred to as bonus codes. An example might be "Unibet Casino Bonus Code" and accompanied by a word or phrase to use when signing up.
In the early days of online gambling these bonuses were much more liberal than today, as casinos offered bonuses with very low playthrough amounts. Today things are much tighter for players, as the bonus amounts remain the same but have playthrough requirements generally between 30-40x, with some sites reaching as high as 100x for bonuses.
These increased terms are the result of better-informed bonus hunters, and today nearly every online casino has taken steps to make cashing out on bonuses much more difficult. In addition to the above-mentioned wagering requirements, casinos today often times limit the type of games that are available to be played with the bonus and identifying what casinos call “suspicious activity” and canceling bonuses out. Because of this, it is vital that players end up having resources to help counter these restrictions and the Wizard of Odds guide accomplishes this.
The mathematical analysis of the bonuses in the guide is very in-depth, with the Wizard analyzing how much money a punter can expect to have left over after completing the terms of the bonus, understanding the wagering requirements for the particular bonus, and how players can hopefully come out ahead.
The world of online gaming has definitely evolved over the past decade or so, and it is likely that the promotional side of things will also continue to evolve necessitating alterations to bonus hunting strategy. Moving forward, the Wizard of Odds will continue to cover these aspects of online gaming and future articles will be forthcoming, allowing players who want to put in the work the chance to capitalize on any bonuses being offered by internet casinos.
The Wizard of Odds is a gambling information website that was founded by Michael Shackleford in 1997. Since its launch, the Wizard of Odds has become a trusted source for casino game information, as Mr. Shackleford brings a deep analysis of casino games, while also providing players with a strategy to maximize their odds of success. In 2014 the Wizard of Odds became a part of the Latest Casino Bonuses (LCB) network of sites and has recently received a face lift while still maintaining the high quality of information that has been provided for years.
Learn more about the Wizard of Odds Bonus Hunting Guide here
