[toc]Using a poker bonus is a great way to increase your starting bankroll for free when you sign-up at a new poker room like Bet365. This is perhaps one of the biggest benefits of playing poker online versus in a live casino, where no incentives are given to the player.
Because the online poker market is so competitive, poker rooms have been forced to give their players a reason to choose one brand over another. Enter poker bonuses. These range from a few hundred up to a few thousand dollars. They are given to you after your first deposit on a site.
On this page, we’ll highlight some of the best poker bonus offers in the market. Additionally, we’ll take a look at how they work and why they are extremely valuable for poker players. Below you’ll find our current selection of the absolute best poker bonuses:
When you sign up at a poker site, the most common type of bonus you’ll find is a match bonus. This is where the site matches your first deposit up to a certain amount.
For example, a 100% up to $600 deposit bonus would mean that anything you deposit up to $600 will be matched at a 100% rate. If you deposit $300, you get $300 free, and so on. You can, of course, deposit over $600. But, the maximum bonus you would attain would be $600 since that was the cap amount in the example.
After you create your real money online poker account and make a successful deposit, the bonus amount is usually credited to a bonus account. It will remain there until such time that you unlock the requirements needed to convert it to your real money balance.
These vary from site to site. Generally speaking, the way it works is as you play ring games and tournaments for real money you’ll be earning frequent player points that contribute toward releasing your bonus.
In terms of points, ring games usually offer fewer points than tournaments. This is due to the fact that the rake (poker room fee) is split amongst the players at the table. Whereas with tournament buy-ins you pay the fee directly to the room. Usually with ring games, players can earn up to 3 points for each $1 contributed to the rake. With tournaments, players earn between 7-10 points per $1 paid in entry fees.
However, over the course of a few hours of play, ring games will generate more rake than a tournament. Hence, you will unlock your bonus sooner.
As you continue to earn points, your bonus will be released to you. This will happen either in increments (a portion of the overall bonus) or as a lump sum once you’ve completed the requirements. Typical requirements for poker bonuses are usually 10-20 times the bonus amount in points. (This depends on which site you sign-up at and their policy for bonuses.)
Many sites used bonus codes that were entered when making a deposit or creating a new account. As of late, many poker sites have stopped requiring the need for bonus codes.
If you are creating a new account for the first time on a site, you will usually receive a deposit bonus by default.