The Official vBulletin Modifications Site.

Spoiler For Hide Links From Guests MOD or BBCode
Mod Version: 1.00, by ramesh_umk3 (Designer)
Developer Last Online: Jan 2021

Hey friends today i share my spoiler which is pretty impressive way to show bulk links in that

Make sure you have installed below mod

Block Disabled:      (Update License Status)
Suspended or Unlicensed Members Cannot View Code.

if above plugin is not working then try corrected plugin from Ozzy for vBulletin 4.2.2 is listed below

Block Disabled:      (Update License Status)
Suspended or Unlicensed Members Cannot View Code.

After installing follow below procedure:
AdminCP --> Settings --> Options --> Hide Links From Guests

Change text option
Replace with below code

Block Disabled:      (Update License Status)
Suspended or Unlicensed Members Cannot View Code.

You can also Use it for BBCode:

Title: Spoiler

BB Code Tag Name: Spoiler

Replacement:

Block Disabled:      (Update License Status)
Suspended or Unlicensed Members Cannot View Code.

Example: [Spoiler]Some Text[/Spoiler]

Description: Allows you to hide text or images.

Image Path: Choose an image and upload it to your server.

Use {option}: No

Remove Tag If Empty: Yes

Disable BB Code Within This BB Code: No

Disable Smilies Within This BB Code: No

Disable Word Wrapping Within This BB Code: No

Disable Automatic Link Parsing Within This BB Code: No

===================

You can check your code here
Spoiler design Inspired from: ipmart forum