It involves players signing up for multiple online casinos to claim welcome bonuses, deposit bonuses, or free spins, then withdrawing the winnings after fulfilling the wagering requirements. Some players use these bonuses strategically to minimize losses and maximize potential profits, often moving on to the next casino once the bonus is used up. Casinos combat this by setting strict rules around bonuses, such as wagering requirements, limits on maximum winnings, and restrictions on game types that count toward the requirements.
Bonus Hunting/Bonus Whoring Example
For example, a player might sign up for an online casino offering a 100% match bonus on their first deposit. They deposit $100, receive another $100 in bonus money, and proceed to meet the wagering requirements by playing low-risk games. After fulfilling the conditions, the player withdraws any remaining funds and moves on to another casino offering a similar promotion.