As known from:
The SunFootball365Sportskeeda
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Betting.net / Betting Terms A-Z / B / What is Bonus Hunter? Bonus Hunter Explained in 2 minutes

What is Bonus Hunter? Bonus Hunter Explained in 2 minutes

Publish Date: March 31, 2021
Fact checked by: Jesse M Cox

What is a Bonus Hunter?

Bonus hunter is the term used for a bettor who makes a point of seeking out the bonuses which bookmakers often pay out to people choosing to sign up to an online site. In most cases the bonus in question will take the form of a certain amount which can be bet, but only on wagers which meet specific terms and conditions. These might be to do with the timescale, the type of bet or the sports which can be bet on.

How is Bonus Hunting used in Sports Betting?

The bonuses paid out by online bookmakers are symptomatic of the highly competitive nature of the marketplace. With so many options on offer, the average bettor will be looking for anything which gives them a little more to bet with, but a bonus hunter will seek to use the bonus to turn a profit before moving onto another bookmaker and another bonus. As the bonuses on offer have become smaller in recent years, and the conditions attached to them more limiting, this has become a little more difficult, but is not impossible if the right system is employed.

The basis of this technique is for the bonus hunter in question to sign up with one site, use the bonus to make wagers which meet the terms and conditions and then make the opposite wagers on another site. This way one side of each wager will win and there’s a possibility that the final pay-out will clear the bonus to result in a profit.

Given the amounts involved it’s fair to say that being a bonus hunter is probably a minority activity and one which is unlikely to generate the profit needed to justify the time and effort required to make multiple opposing bets on a number of different sites. Whilst a signing on bonus will always be welcome it should be viewed as simply that – a small bonus when a bettor would have joined a site anyway – rather than the means of generating larger winnings.

See also

Terms and Conditions

Read Also
What is Matched Betting? Matched Betting Explained in 2 minutes
Matched betting is a form of online sports betting which takes advantage ...
What is Point To Point Racing? Point To Point Racing Explained in 2 minutes
Point-to-Point racing in Britain is the amateur version of steeple chasing. Races ...
BetMGM Promo
What is Bettor? Bettor Explained in 2 minutes
A bettor is a term used to describe a person who places ...
What is Cash Bonus? Cash Bonus Explained in 2 minutes
A cash bonus is an amount offered by online bookmakers as an ...
What is Sign Up Bonus? Sign Up Bonus Explained in 2 minutes
A sign-up bonus is a term for a new customer offer, as ...
Top Betting Sites
Top Betting Bonuses
Bet365
4.6/5
BetMGM
4.6/5
FanDuel
4.5/5
Caesars
4.5/5
DraftKings
DraftKings
DraftKings Review
4.5/5
Bet365
Bet365 Bonus
Get $150 in Bonus Bets Win or Lose when you bet $5!
T&Cs apply
4.6/5
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
BetMGM
BetMGM Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply
4.6/5
FanDuel
FanDuel Bonus
Bet $5 Get $150 in Bonus Bets If Your Bet Wins!
T&Cs apply
4.5/5
Caesars
Caesars Bonus
First bet back as a bonus bet up to $1000
T&Cs apply
4.5/5
DraftKings
DraftKings Bonus
Bet $5, Get $200 in Bonus Bets Instantly!
T&Cs apply
4.5/5
Our Team
David Genge
David Genge
Editor
Jesse M Cox
Jesse M Cox
Chief Editor
Alyx Tzamantanis
Alyx Tzamantanis
Editor
Simon Briffa
Simon Briffa
Sports Editor
James Leeland
James Leeland
Editor
Author Icon
Marcus
Content Writer
mikegoodpaster
mikegoodpaster
Head Content Writer
Get the latest updates in Sports and Casino via our Newsletter
Poker & Bingo

Full coverage of poker and bingo, from reviews of providers to guides and much more besides!

21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.
Virginia Town HallCloudflareSSLco² neutral
Close
Our Sports Pros recommend these awesome Social Casino sites this week:
Stake.us
Stake.us Bonus
55 Stake Cash + 260K Gold Coins + 5% Rakeback
T&Cs apply, 18+
Promo Code:
Go to Stake.us
Get Bonus
Fortune Coins
Fortune Coins Bonus
Claim Your Free 650,000 Gold Coins & 1,400 Fortune Coins
T&Cs apply, 18+
Promo Code:
Go to Fortune Coins
Get Bonus
×
Your Promo Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site