Bonushunting for Beginners

With the help of this beginner’s guide you will be able to start earning money from online casinos. If you are completely new to online casinos you should also check our FAQ.
First you need to understand that the competition between the casinos online today is very fierce. There are over 2000 casinos online and all want to attract as many players as possible.
The best promotion tool the casinos have is the sign-up bonus. They offer you a certain amount if you deposit money. A common bonus will give you 100% upp to $100. This means that if you deposit $100 the casino will double your money automatically and you have $200 to play with. Before you are able to withdraw the bonus amount you need to wager it. How much you need to wager depends on the rules of the bonus. Often the wager requirement is between 10 and 30 times the amount you deposit plus the bonus. This is called the Wager Requirement or Playthrough Requirement. Remember that all bets are counted as an wager, both winners and losers count towards the wager requirements.
If you play optimal blackjack you will have a return of 99.5%. This means that if you wager $100 you can expect to have $99.50 left. So you only lose 50 cent if you do this. Playing optimal Blackjack is not very hard if you follow the strategy cards that can be found all over.
If you read this far you should understand what a sign-up bonus is and how wager requirements work.
Live Example: A well known casino offers a 100% sign-up bonus up to $300. The wager requirement is 20 times the bonus amount only. So 300×20 is $6000. You need to wager $6000 before you can withdraw your bonus. Since this bonus allows Blackjack you can follow the optimal blackjack chart and wager $6000 ($6000x.99.5% = $5970). This means that you can expect to lose $30 when you wager this and can expect to withdraw a profit of $270.
How long will it take to wager this? Most beginners play $2 – $6 per hand. At $6 you would need 1000 hands of Blackjack to wager your bonus. Most people can play about 400 hands per hour. It would take a beginner about 2.5 hours to complete the above bonus with an expected profit of $270. This is a pretty good hourly payment.
We have a lot of casino bonuses listen on our site and you can start by playing the top 10 casino bonuses. By the time you are done with the 10 first you have the skills to continue with the rest and earn a lot of money.
Maximizing your Profits
1. Open a Neteller Account
Neteller is an online wallet and the preferred payment method of most casinos. Another good thing with Neteller is that you can avoid most of the identification verifications that you need when depositing with credit card. To sign up for a Neteller account is very simple and you can get it “verified” in less than 48 hours. After you have verified it you can easily transfer fund to and from you checking account. Remember that some casinos offers an extra bonus if you deposit using Neteller, so you can never go wrong with that. Just make sure that your personal information on Neteller matches exactly to the casino account you want to deposit or withdraw money from.
2. Terms & Conditions
Always read the casinos Terms & Conditions if you plan to take the casino bonus. The important things to look for are the wager requirements. Are there games that are not counted towards the bonus? If it is stated in the casino’s bonus term it will supersede what is listed on the regular bonus page.
3. Choose the Right Game
Try to always choose the game with the lowest house advantage. You will notice that most casinos ban the play of low risk bets on games like roulette, craps and baccarat when clearing the wager requirements. Blackjack and videopoker are usually the best games to play when clearing a bonus if others are restricted.
4. Making Small Wagers
Most beginners make small wagers to clear a bonus. However it can be wise to raise the wager a bit to speed up to clearing of the bonus and to not be labelled an advantage player or a bonus abuser.
5. Withdrawing
Make sure you have cleared all the wager requirements before you withdraw any money. If you withdraw before you have cleared your bonus you will lose the whole bonus amount. You should also be prepared to send in documentation when withdrawing money. This is for your own safety and you might be required to send a copy of your driver’s license or passport and a copy of a utility bill. If you have a scanner or a digital camera this is a piece of cake.
6. Choosing Casino and Bonus
When choosing a casino and bonushunt.co.uk you should always use the link provided at the page. Many of the offers advertised here are exclusive bonus offers and they will only be activated if you use the correct link. If not using the link you risk losing out on the maximum bonus.
7. Documentation
You should try and document your efforts. Track all casinos you have played at and you winning or loss. This will give you a good overview of your total winnings. In this business you have to be ready to lose money at times but in the long term you will be a big winner.