Q+A from a PM i recieved:
"It sounds like from you that you simply put in some money in order to get their bonuses (because most people will gamble it all away) but you pull out the second you are allowed and hope to break even?"
Youve got the idea, sort of. Let me give this example
1.I deposit $1000 by credit card (certainly not all deals require this much capital)
2.I get a 30% bonus ($300)
3. In order to cash out that bonus, I am required to wager, or play through, an amount 3x my deposit and bonus combined ($3900).
4. Assuming you stick with major casinos (listed at deal sites like fatbonus.com), the software is generally considered fair. If you play perfect blackjack strategy, an average casino will have a house advantage of 1%. 1% of your $300 bonus is $39-meaning that you should expect to come away with $261 of your $300 bonus (on top of your deposit) in the long run. However, sometimes things dont go your way...and most of the software IS NOT random. How can it be not random, but fair? Well, its not uncommon to encounter 10+ game losing streaks, but the same goes for winning streaks...cards will seem BS sometimes, but rmemeber, in the long run, it IS fair. We wouldnt be doing this if the software was rigged and we were losing money by the bagful.
"I know nothing about gambling, are there certain games to play for this?"
Craps, BJ, and video poker. Craps is generally disallowed during promotions because of its extremely low house advantage, and VP is harder to master, so most just play BJ, which is easy to learn using strategy guides at
www.thewizardofodds.com.
"Also, how much time do you spend doing this? Do you sit there watching for every deal you can?"
Sorta. You can let it take over your whole day...some deals, when they are poorly designed and too generous, are ended quickly, just like hot deals are, so its important to keep up, tho I've never seen a deal get pulled before 24 hours of it being introduced, so you dont have to spend your WHOLE day in front of the puter. Wagering $4k can take a few hours-2-3-flat betting at $5, tho it depends on the software.
I highly recommend you read up at fatbonus.com, both in the offers forum and in the talk forum, you can learn a lot.