There is no risk in this strategy but I don't think I would be satisfied gambling with bonus only.
I bet a decent amount of money when it comes to sports gambling, so I can't rely on bonuses only, I need to set a bankroll
that I can use for a long session in my gambling journey, that's what I do.
Topic: Gambling with bonuses only - page 10. (Read 1494 times)
As far as I know there are plenty of bonuses out there that don't require you to deposit your own money, in fact here on bitcointalk you can find free bitcoins in the giveaway section, I've seen plenty of prizes/contests/etc that give a small amount of free btc 10-100k satoshis for doing some really simple tasks, you can easily use that money to gamble, again risk free.
An example of that is Bitsler's contest, they have a wagering contest for their play money but you're only likely to win if you're a high roller because the amount of play money you get is based on your total wager. Another is Stake's challenge, it's announced on their telegram you can win without gambling a single satoshi but there is one requirement which is to send messages on chat and to do that you need to gamble a certain amount.
It's a less risky but also time consuming. Moving from site to site just to get bonuses will be a boring one for a lazy gambler. Tbh I care less about those bonuses since their is requirement to met. Instead, i'll just focus on the game. If you aren't a lazy gambler then such strategy is for you.
I don't see this idea profitable though. Sign up bunoses cannot be withdrawn unless you wager from your own pocket and reach the amount required to be withdrawn.
Like the people above said, there's a condition that will force you to deposit and wager with that amount to comply with the requirement of the bonus that you are trying to hit. I stopped chasing with these bonuses when the wagered amount has increased mostly for popular casinos.Yea I fell into this trap once, one site gave like a free $30 which I then turned into $100 but then lost it all before I was able to hit the withdraw requirement lol
Because of that bonus that you are trying to get, you even lost more than that and this is now associated if you want to claim the bonus. Before it is good but today, a lot has changed.As far as I know there are plenty of bonuses out there that don't require you to deposit your own money, in fact here on bitcointalk you can find free bitcoins in the giveaway section, I've seen plenty of prizes/contests/etc that give a small amount of free btc 10-100k satoshis for doing some really simple tasks, you can easily use that money to gamble, again risk free.
I don't see this idea profitable though. Sign up bunoses cannot be withdrawn unless you wager from your own pocket and reach the amount required to be withdrawn.
Like the people above said, there's a condition that will force you to deposit and wager with that amount to comply with the requirement of the bonus that you are trying to hit. I stopped chasing with these bonuses when the wagered amount has increased mostly for popular casinos.Yea I fell into this trap once, one site gave like a free $30 which I then turned into $100 but then lost it all before I was able to hit the withdraw requirement lol
Because of that bonus that you are trying to get, you even lost more than that and this is now associated if you want to claim the bonus. Before it is good but today, a lot has changed. 
Such a strategy has been thought of by many others, but it is not profitable for everyone where the bonus is not very profitable because the nominal given I think is not much and will not easily allow you to win any profits and bonuses are ways that are not important for me to just waste time and energy, do something more realistic in a game where there is capital, there is also profit if it's your luck LOL.
Recently I have been thinking about this ''strategy'' that is free but difficult to pull off. Essentially you would go from casino to casino, getting all the bonuses and welcome bonuses they give and trying to rollover them to eventually withdraw the money won. This ''strategy'' is obviously risk free since you are not using your money, the clear downside is the rollover part, 100% of the bonuses they give will need to be wagered 20 times, 40 times, 100 times, whatever it is, it's always a huge number so you clearly need a lot of luck but hey, you are gambling, you need luck anyhow, right? I think we could make a list of the best casinos that offer the best bonuses here, any ideas?
I don't see this idea profitable though. Sign up bunoses cannot be withdrawn unless you wager from your own pocket and reach the amount required to be withdrawn.
Never tried it but it sounds like it would take a bunch of time for a little payoff.
Eventually you will run out off bonuses if you hit no winners to keep playing with your profit.
Eventually you will run out off bonuses if you hit no winners to keep playing with your profit.
you are bound to lose, almost no one stays profitable while gambling because we are all greedy and we keep playing
There is the line of winners that are staying profitable on the long run ; )On sports betting yes, on normal casino games there is mathematically no way to stay profitable in the long run, my strategy will at least ensure you don't lose money. It doesn't matter if you run out of bonuses or if it takes a bunch of time for little payoff, it's infinitely better than gambling long term since, again, you are bound to lose.
Claiming free bonuses with high wagering requirement from casino to other casinos will be wasting your time and energy only imho. The probability to complete the wagering requirement is so low, so taking it for fun only on your spare time is better instead of forcing yourself to claim it everywhere.
What you are telling is the true fact of bonus given by the casino or gambling sites, as they know that it is very hard to achieve that wagering reqirement and out of 10 person 1 person claiming the bonus with required wagering itself is very hard. That is why all gambling sites and casino sites are giving high bonus for all new and old customers as they know in the process of wagering bonus the gambler will also lose the deposited fund in the end.
It won't work nowadays since most gambling sites require a small deposit first before you could actually withdraw some funds with the bonuses that you have collected from them. Plus doing it in a lot of gambling site will take a lot of time if you could find free bonuses but i bet there's no casino's nowadays that would give freebies without a small deposit and the most annoying part of them is that they would ask a KYC.
Never tried it but it sounds like it would take a bunch of time for a little payoff.
Eventually you will run out off bonuses if you hit no winners to keep playing with your profit.
Eventually you will run out off bonuses if you hit no winners to keep playing with your profit.
you are bound to lose, almost no one stays profitable while gambling because we are all greedy and we keep playing
There is the line of winners that are staying profitable on the long run ; ) 
Tried it myself a long time ago since who wouldn't want free money, but it obviously did not work out due to my messed up luck along with the annoying wagering requirements though it makes sense why they enforce these rules.
However, I hate it when casinos ask us to complete KYC which is plain horrible. Matched betting is much better in comparison.
However, I hate it when casinos ask us to complete KYC which is plain horrible. Matched betting is much better in comparison.
Recently I have been thinking about this ''strategy'' that is free but difficult to pull off. Essentially you would go from casino to casino, getting all the bonuses and welcome bonuses they give and trying to rollover them to eventually withdraw the money won. This ''strategy'' is obviously risk free since you are not using your money, the clear downside is the rollover part, 100% of the bonuses they give will need to be wagered 20 times, 40 times, 100 times, whatever it is, it's always a huge number so you clearly need a lot of luck but hey, you are gambling, you need luck anyhow, right? I think we could make a list of the best casinos that offer the best bonuses here, any ideas?
I do not think it a profitable idea because the bonus which you get from the gambling sites is not that much. Also you cannot withdraw bonus unless you wagered some amount from your own money.
A better idea can be to gambling with the profits we gain in gambling and not using our seed money once we are in profit.
It is a profitable idea if you compare it to just gambling with your own money, you are bound to lose, almost no one stays profitable while gambling because we are all greedy and we keep playing even when we win a big amount of money, this is still gambling so if it's gambling what you like, why not do it for free, risk free? Yes, chances are low but chances of you winning a huge amount of money with your own money were low anyways so why complain about the chances now?
This bonus whoring was possible (still is?) at different fiat sportsbooks where people would arbitrage bet with the bonus money until they successfully withdraw the bonus. I don't think this is possible at crypto sportsbooks though because the rollover requirements are egregious.
...go from casino to casino, getting all the bonuses and welcome bonuses they give and trying to rollover them to eventually withdraw the money won...
I have made it a long time ago when bonuses were a lot higher and wager requirements a lot lower.
I was successful and was able able to generate nice bankroll but only in poker related games in any other casino with roulette or slots, I have never won a dime.
Until today I almost never use my own money to gamble. Try to find promotions or even better I don't look for them anymore and frequently when online I just find a nice new promo or no deposit bonus because we have a lot of new services popping up every day and scream for awareness (this is the only way to attract players fast). The only thing which changed during these years is the bonus amounts and wagering requirements.
I am successful with poker only because this game depends on your skills and during all these years (play over 10 years) I just mastered Texas Holdem poker game.
Never won in the casino because in the longer run casino always wins. If one uses deposit bonuses or any other type of bonuses which have to wager then this is the end because you will have to play very long to fulfill these requirements and as I told above in a longer run casino will always win.
You're right, it's less risky but it's hard to find gambling sites which offer freebies and bonuses. I could also see it as a time-consuming process yet we couldn't gain much from it since no gambling site would offer high bonuses for us to use as capital. They would offer bonuses just to attract players but I don't think it's all worth it.
It is not that hard, most online casinos (usually casinos that offers slots game from some gaming software providers) offers free spins or no deposit bonus. The main purpose of free bonuses is indeed to attract players to try the game. It is not about how big is the bonuses, the bigger the amount of the bonuses the higher wagered amount need to be completed especially there is always max amount bet that allowed while using the bonus.
Recently I have been thinking about this ''strategy'' that is free but difficult to pull off. Essentially you would go from casino to casino, getting all the bonuses and welcome bonuses they give and trying to rollover them to eventually withdraw the money won. This ''strategy'' is obviously risk free since you are not using your money, the clear downside is the rollover part, 100% of the bonuses they give will need to be wagered 20 times, 40 times, 100 times, whatever it is, it's always a huge number so you clearly need a lot of luck but hey, you are gambling, you need luck anyhow, right? I think we could make a list of the best casinos that offer the best bonuses here, any ideas?
Yeah it do give out the chance on getting some profits without having depositing into that casino but as said these things do have ridiculous high rollovers which is impossible to attain and most of casino owners do really know such stuff.If you are in luck then you might able to pull off but most of the time players will bust up along the way. True motive of these bonuses?
They are luring in potential players on the site because some of them or even most of them would end up on depositing after busting up that bonus.This is a simple marketing strategy but it do works anytime.
Recently I have been thinking about this ''strategy'' that is free but difficult to pull off. Essentially you would go from casino to casino, getting all the bonuses and welcome bonuses they give and trying to rollover them to eventually withdraw the money won. This ''strategy'' is obviously risk free since you are not using your money, the clear downside is the rollover part, 100% of the bonuses they give will need to be wagered 20 times, 40 times, 100 times, whatever it is, it's always a huge number so you clearly need a lot of luck but hey, you are gambling, you need luck anyhow, right? I think we could make a list of the best casinos that offer the best bonuses here, any ideas?
If you are talking about online casinos, I tried doing that some time ago as well. There were many faucets in casinos, and they used to be worth more than nowadays, of course. I took the money from the faucets and tries to make something out of it. I tried all sorts of things: martingale, betting with a high probability of winning, betting a tiny bit of money with a very low probability of winning. Sometimes I got pretty successful with all this, but it was still a rather tiny amount of money, so I never had the patience or motivation even to withdraw the winnings. I know a guy who did, though, but he played his game a bit differently. All in all, I think it's not worth the effort. 
You're right, it's less risky but it's hard to find gambling sites which offer freebies and bonuses. I could also see it as a time-consuming process yet we couldn't gain much from it since no gambling site would offer high bonuses for us to use as capital. They would offer bonuses just to attract players but I don't think it's all worth it.
Claiming free bonuses with high wagering requirement from casino to other casinos will be wasting your time and energy only imho. The probability to complete the wagering requirement is so low, so taking it for fun only on your spare time is better instead of forcing yourself to claim it everywhere.
Yea I fell into this trap once, one site gave like a free $30 which I then turned into $100 but then lost it all before I was able to hit the withdraw requirement lol
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