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Bonus Hacking 101: Because Bonus Whoring Is Old School!

Bonus Hacker — Wed, 16 Jul 2008 14:42:34 +0000

Yes, I said it. Bonus whoring is old school. For those of you who aren’t familiar with bonus whoring, it’s basically taking advantage of poker and casino bonus offers. Bonus whores sign up at a site, play the minimum required to clear the bonus, cash out, and move on to the next victim.

But don’t you tell people that they SHOULD take advantage of gambling bonuses?

Yes, I do, but not the same way that bonus whores do. See, I too was at one time, a bonus whore *shameful look*. I’ve changed my philosophy somewhat since then and advocate a slightly different approach I call bonus hacking. So how is bonus hacking different from bonus whoring? I’ll explain that and more in the following article.

As a new player I learned quickly that one of the keys to becoming a successful gambler was proper bankroll management. I started looking for any article I could find on building a bankroll. That’s when I discovered bonus whoring.

That was back in 2004, when bonus whoring was in its prime. Now, things have changed significantly. Most of it has gotten worse as far as players are concerned. Bonuses have become much more difficult to clear, and gambling sites now make examples of bonus whores by banning them and/or confiscating their winnings.

A new approach is needed to ensure new players have a chance to build a nice sized gambling bankroll, and gambling sites aren’t completely ripped off. So that brings me to the first difference between bonus whoring and bonus hacking;

Bonus whoring is shortsighted, while bonus hacking is in the long-term interest of players and gambling sites.

My main purpose is to help you make money gambling. However, in order for online poker rooms, online casinos, and bingo sites to continue providing quality bonus offers, we have to consider their interests as well. If selfish players (me included) hadn’t abused the gambling sites for the past few years, everyone would still be reaping the rewards of great online gambling bonuses. So what is the answer?

Bonus Hacking Principle #1: Play more than required

When playing for a particular gambling bonus, ALWAYS play between 50-75% more than is required.

For example, if a poker site requires that you get 100 points to clear a $100 bonus, you should get between 150 - 175 points before trying to cash out any winnings. This way, the site will view you as a valuable player, and gladly offer you bonuses in the future to come back. At the same time, they won’t be as inclined to change the bonus requirements to make their offer more difficult to clear.

While there is a slight chance that you will lose some of your winnings in the process, there is also the same chance that you’ll win even more.

Bonus whoring focuses mainly on poker bonuses. There’s nothing wrong with that, I love poker bonuses. But there’s so much more money to be made from casinos, bingo sites, sportsbooks, and even rummy and spades sites. If Bonus Hacking Principle #1 was the bad news, here’s the good news.

Bonus Hacking Principle #2: Diversify your bonus portfolio

Just like with investing, diversification is key. By expanding the range of bonus offers you take advantage of, you will make thousands of dollars more over time. It doesn’t matter if you want to be a poker player, a craps pro, or a blackjack card counter, there’s no reason you can’t take advantage of an online bingo bonus while you build your roll.

Are you ready to start your bonus hacking career? If you are, you need to stick around for the remainder of this series of articles on bankroll management. I’m going to show you how to build a bankroll of over $5,000 with gambling bonuses, and then how to manage your bankroll as you move up in stakes. It’s going to be very valuable information, so I hope you’ll join me as I show you how to make money gambling!

Do you have any questions about Bonus Hacking? Or perhaps you have an idea on how to improve the concept of Bonus Hacking – if so, let me hear about it!

4 Top Gambling Strategies to Help You Make Money Gambling

Bonus Hacker — Tue, 10 Jun 2008 22:00:37 +0000

There aren’t too many ways that someone can consistently make money gambling. However, I have found 4 top gambling strategies that will surely make you money. In the future, I’ll be spending a lot of time researching, testing, and teaching you more about these gambling strategies. For now I want to share them with you so you can decide for yourself which of these top gambling strategies you want to use to make money gambling.

1) Online Poker

When you play online poker, you’re playing against other opponents, not the house. For the past several years Texas Holdem has been the most popular choice among poker players. I just wrote an article on how to play Texas Holdem that you may want to read if you’re new to poker. I’ve made a lot of money playing poker so I know first-hand how lucrative the game can be.

Pros of playing online poker:

Lots of new players create plenty of money-making opportunities
It’s simple to learn to basics of poker and feel comfortable playing for real money
Many quality online poker rooms give players great poker bonuses which add to profits from the beginning

Cons of playing online poker:

To successfully move up to higher stakes takes a lot of study of the game and self-analysis
Due to the popularity of televised poker, online poker, and poker books, opponents are much stronger than in the past

2) Blackjack Card Counting

Recently made (even more) popular by the movie 21, blackjack card counting is a system of figuring out when you have an edge over the casino and thus, should bet bigger. Most of the time the house edge for blackjack is around .5% (meaning you lose $1 for every $200 you bet). By card counting in Blackjack you can gain an edge of .5% - 2% over the house (meaning you would make $5 - $20 per $1000 bet)! The key is to first learn and practice basic blackjack strategy first, and then study and master blackjack card counting.

Pros of Blackjack Card Counting:

There are plenty of resources including books, websites, and software to help you learn card counting
With the availability of online casinos, it’s easy to gain plenty of practice card counting before hitting the live casinos
Anytime you can gain an edge over the casino it is a “pro”

Cons of Blackjack Card Counting:

Just like any other area, if you want to be successful you will have to practice, learn, and master blackjack
Because casinos are aware of card counters, you will have to learn how to make money without arousing suspicion

3) Sports Arbitrage

Sports betting is a new area for me. It’s one that is intriguing to say the least. Sports arbitrage is a way to make money with each bet you make. To make it work, you have to find two different sportsbooks that are offering the right odds. Then you bet on both teams at different books. You will lose money on one bet and make more money on the other.

Pros of Sports Arbitrage:

Sophisticated professionals can make upwards of $100,000 per year using this method
The large number of sites that allow sports betting online give you more opportunities to find these “sure bets”

Cons of Sports Arbitrage:

It takes a lot of time, capital, and organization to get started developing the processes that will make you the most money
Without a large bankroll to have money at many different sportsbooks at the same time, transfer and withdrawal fees may eat away your profits

4) Gambling Bonuses

One of my favorite ways to make money gambling is with gambling bonuses. By finding and signing up at sites with the best gambling bonuses, you can make money without being an expert in any certain area. As long as you understand correct gambling bonus strategy, you can make a build a bankroll to pursue any of these other top gambling strategies.

Pros of Gambling Bonuses:

Provides a great way for new gamblers to build a bankroll
Plenty of competition between online gambling sites means bonuses will be around for a long time
Fun and easy to learn the strategy involved in getting top gambling offers

Cons of Gambling Bonuses:

Once you build a bankroll to over $5,000 other gambling strategies may yield more profits
If you immediately cash out after clearing a bonus the gambling site will label you as a bonus abuser and at a minimum refuse to give you future bonuses, and at a maximum refuse to pay your winnings

I hope this article has given you some ideas about how to make money gambling. If you’ve used any of these top gambling strategies with success, or have more questions about them please use the comments to share your thoughts.