Bonus Whoring – Is It Still Effective?

Online casinos have offered bonuses from the beginning.

Back then, the terms were more relaxed. Players could actually clear the bonuses.

In fact, many players would take advantage of this. They would deposit money, clear their bonus while boosting their bankroll, then withdraw and stick their money into another casino to repeat the process. This is called bonus whoring.

It was possible for players to build their bankroll to thousands of dollars off the back of their $50 or $100 deposit. It only took some patience and strategy on their part. I did this all the way through college to give me some beer money – others took it to a whole ‘nother level and made a living out of it. You can read about it in this Reddit AMA for example.

But is bonus whoring still a viable strategy? Are there better options to building your bankroll?

Those are the questions I aim to answer for you below.

An Example of Bonus Whoring

I wanted to give you an example of bonus whoring in action, and why it was so effective.

So, bonus whoring is the process of going from one casino to the next, taking advantage of the deposit bonuses. Players would go about this strategically, so that they could turn a small deposit into a large bankroll.

For example, say you deposit $50 into one casino that has a 200% offer up to $500. After clearing the bonus, you’d walk away with $100 in free money plus your initial $50 deposit. Then you’d withdraw, and deposit your $150 into another casino.

The whole idea – especially in the beginning – is to make your money stretch as far as possible, all the while not wasting larger bonus opportunities.

For example, you’re better off making your first deposit into a casino that offers large match and smaller bonus, then you are a larger (4-5 figure) bonus. That way, you can build your bankroll up so that you can take full advantage of the larger offers, as opposed to, say, depositing $100 for a $2,000 bonus (which is a waste).

Using this strategy, you’d deposit and withdraw from as many casinos as possible. It wasn’t unheard of for players to net thousands of dollars with bonus whoring.

Why This Strategy Sucks Today

Sound strategy, right?

But is it still effective? Can you use bonus whoring to build your bankroll to hundreds, or even thousands of dollars?

No. And let me tell you why.

Bonus whoring doesn’t work today because casinos have stricter wager requirements. There’s just no way the majority of people are going to be able to fulfill their terms.

For example, a standard rollover might be 40x the deposit plus bonus. Say the offer is 100% up to $2,000, and you take full advantage of it – a $2,000 deposit for a $2,000 bonus. How much money do you have to wager to clear the offer? Oh, only $160,000.

160 GRAND!

You might get lucky. But putting luck aside, do you really think you’re going to stretch $4,000 into $160,000? That’s a fat chance in hell. Even playing the penny slots, you’ll burn through the money in a couple of weeks. And chances are good that you’ll go broke before you wager that much money.

It might’ve been a possibility with table games, because the house edge is lower and there are strategies you can learn to make them better yet.

But – and this is a BIG but – casinos require table game players to wager 2-4x the amount slots players do. In my example above, a $4,000 deposit bonus would require a blackjack player to wager $320-$640,000 – just to be able to cash out a $4,000 bonus.

That’s why this strategy is ineffective today, and why I wouldn’t play my bankroll building eggs in the bonus whoring basket.

What You Should Do Instead

While the thought of bonus whoring is attractive, the truth is, bonuses just aren’t as easy to earn nowadays. So I recommend avoiding the snatch and grab, hit and run type of mindset when playing online.

What I suggest you do instead is focus on the long term. In other words, find a casino that can offer you free money and perks over the course of months and years. You won’t walk away with as much upfront, but the loyalty to 1-2 casinos will pay off many times over in the long haul.

So – what types of offers or promotions should you focus on?

High Match Bonuses – Stop thinking about how large a bonus you can get (unless you can actually deposit that much), and instead think about how to make your bankroll stretch. For example, I’d rather have a 300% match bonus up to $500 compared to a 100% bonus up to $1,500. If I deposit $500, the first bonus will net me $1,500 free (for $2,000 total), while the second will net me $500 (for $1,000 total).

Find Free Cash Offers – These are smaller offers ($10-$50), but are a great way to get your bankroll started on the cheap.

VIP Programs – Choose 1-2 casinos, join their VIP program, and spend all of your money there. In return, you’ll receive points (for cash back and gifts), personalized service, junkets, gifts and more. All for playing (something you were going to do anyway), and being loyal.

Ask for a Reload Deposit Bonus – A reload bonus is for existing customers. The casino might offer it on their website, or you might have to ask for it. But it’s a great way to get free money for making another deposit (you were going to do it anyway).

Weekly Deposit Bonuses – Many casinos, especially those using Real Time Gaming software, offer weekly reload deposit bonuses. For example, at Grand Parker you can get bonuses for slots, blackjack, roulette and more. A couple examples include a 125% match on deposits of $21 or more, or a 370% deposit bonus on deposits of $500 or more.

The point? There are many ways to get free money or other perks. Sometimes all you need to do is ask. It sure beats having to transfer to/from online casinos, especially considering that you can face several weeks of downtime. Just find a good casino, keep all of your money there, and reap the benefits of being loyal. It’s a much better, more long term approach to online gaming.