Bonus hunting in sports betting

Bonus hunting. What is it, and why not do it?

Bookmakers compete for new customers and attract newcomers with lucrative bonuses and promotions. Bonus hunters abuse this and try to get additional earnings with the help of promotions.

Bonus Hunting Strategy

Who are bonus hunters and what do they do?

Bonus hunters are bettors who use bonuses for personal gain. The term consists of two English words: “bonus ” and” hunting “(to hunt — “to hunt”). Such players earn additional profit from bonuses, earning money using strategies that do not have the risk of losing. Profitable welcome promotions are designed for newcomers to the BC — the goal of the promotions is to “lure” a new user. Bonus hunting is done by experienced bettors. The BC bonus needs to be wagered, more often-in multiple amounts. Beginners make bets without using fraudulent strategies and bet at random, while bonus hunters play on “forks” and resort to other professional ways to get money on bets.

Bonus types hunted by bonus hunters

Bookmakers offer different types of rewards to their clients. Bonus hunters understand promotions and are more likely to profit from the following types:

  • welcome  bonuses. This bonus is credited to the new player’s account after making the first deposit. The amount of the welcome free bet often depends on the amount that the player has deposited to the account. At the time of writing, 1XStavka offered a bonus of 100 % of the deposit amount. To get real money, the player will have to win back the bonus in three times the amount, making a bet like “express”. In addition, the express must include at least three events, which reduces the chances of winning. But professional bettors know how to do it;
  • free bets (from  the English “free bet” — “free bet”). It is available for both newly registered beginners and frequent users of the same bookmaker’s office. Freebet — the amount that the player can bet on the desired outcome within  the outlined quotation frames. Sometimes a freebet cannot be placed on an event with a coefficient of less than 1.5. When the bet is played, the freebet is burned. The amount of winnings is credited to the player’s account, and if the bet loses,  then the player has nothing left on the account, more often the free bet needs to be wagered several times — sometimes in five or ten times the amount.
  • cashback for lost money (refand). This bonus consists of returning part  of the lost money to the player. Usually, this type of bonus is given by BC players on the eve of top events in the world of sports.

The experienced bonus hunter has opened accounts in dozens of offices at the same time – including both bookmakers in the CIS and foreign resources. For each account, the bonus hunter creates separate banking details — email, phone number, etc. He keeps track of what offers the bookmaker sends out and regularly reviews the news and offers of BC published on the official website.

Bookmakers ‘ reaction to bonus hunting

If the bookmaker suspects that the player is engaged in bonus hunting, it will take action. The betting company denies the bettor any incentive actions, blocks the accounts, and calculates the bet based on the odds of 1 or as a loser. Bonus hunters should be prepared for exposure.

The bonus hunter runs the risk of encountering a number of problems:

  • lack  of additional registration data.  The bookmaker’s account is created for one person. In Russia, there are few legal BC’s — about 20, and registering a phantom account is no longer easy. There is no place to get new registration information, so bonus hunters ask their friends or acquaintances for it. Not everyone will agree to provide passport data. BCS often require photos with an expanded document in their hands, which complicates the task.
  • additional verification. The bookmaker has the right to request additional documents from the player or ask them to confirm their identity again;
  • tracking by the BC security service. New technologies help you track the bonus hunter. Each BC has a security service that easily detects accounts with suspicious activity. Hunters have to access the bookmaker’s page via a fake IP or VPN, which can also be compromised;
  • banking details for payment systems. It is no longer enough to enter your password and email address to register with the BC. The account is linked to the phone number that the confirmation codes are sent to. In order not to be exposed, the bonus hunter has to stock up on dozens of SIM cards.
Bonus Hunting at Online Sportsbooks | How To Bet On Sports

Conclusion

Bonus hunting cannot be made a source of income. The bettor can and should use the bonuses provided by the bookmaker. But these bonuses and promotions are a nice addition to the game, not a chance to earn money. The bonus hunter will eventually pay for blocking the account and will be permanently blacklisted by the BC.