Top 8 Types of Poker Bonuses You NEVER Heard?
Almost every poker room offers some type of bonuses to its players as a way to reward them or attract them to their sites. These bonuses may vary in size and quality ranging from $10 to $1000 depending on the poker room and the type of incentive.
Poker bonuses are important because they allow you to increase your bankroll especially when you are playing real money online poker.
There are various poker bonuses being offered by different online poker rooms. Some of the most commonly offered bonuses are:
- Sign-up Bonus
This type of bonus is offered to new players when they register and make the first deposit in an online poker room. The poker site matches the initial deposit of the player by 50-500% depending on its offer.
The most common percentage being offered is 100%. This means that if you make a deposit of $100 in a site offering 100% match bonus, you will receive another $100 in your account.
- Reload Bonus
Most poker players find this type of bonus to be the most crucial bonus that a poker room can offer. It is offered to existing players in a poker room so that they can continue depositing and playing in that particular poker room.
This offer is only intended for players who have already made their first deposit and played several games in the site. It is meant to make players want to make a 2nd, 3rd 4th …500th deposit in their account in order to access the bonus.
- New Depositor Freerolls
Online poker tournaments are quite popular among poker lovers. This is where players are able to test and sharpen their poker skills and win some real money. With freeroll tourneys, you don’t have to pay for a buy-in, and you can participate in a freeroll competition for free.
Some established poker rooms offer these new depositor freerolls to their new players.
- No deposit bonuses
If you want to play online poker without risking your hard earned money, look for a site that offers a good no deposit bonus to its new players. Unlike other types of bonuses which require you to make a deposit, this bonus is offered for free without a need for a deposit. A set amount of money is deposited in your poker account for free and you can use it to place bets and play real money poker games in the site.
- VIP Club Reward Bonuses
The frequent player bonus is another commonly offered bonus aimed to reward loyal players. This bonus is usually in form of frequent player points that can be redeemed in various forms including merchandise, cars, trips, and global professional level tournaments. There are also several privileges obtained by frequent players including access to better tournaments and payoffs.
The more you play in a poker room the more frequent player points you will be able to obtain and the more privileges you will enjoy.
- Rake back Bonus
This is a type of incentive where online poker sites return a part of the rake that a player pays to entice them to continue playing in the site. In cash games, rake bake is usually calculated in two ways-dealt and contributed. In the dealt method, every player in a hand is awarded the same amount of rakeback while in the contributed method; players are awarded according to the amount they contributed to the pot.
- Missions and Challenges
This is the most recent interesting way which aims at adding interest to the games and rewarding poker players. You are given various goals of increasing difficulty to complete and rewarded with tournament entries or cash bonuses. The best thing about this is that you are given the opportunity to experience different games and also get rewarded.
- Refer a friend poker bonus
To get this type of bonus, you are only required to invite your friends to join and play in your poker site. Not all poker rooms offer this bonus so be sure to check with your poker broker before.
How to redeem Poker Bonuses
Poker bonuses are usually awarded immediately into a players account so that they can be used to play poker games. Normally, you will find that the bonuses withdraw are cleared if you generate a stated amount of rake (commission taken by a poker site from each winning pot). Some sites will require that you earn a certain number of player points in order to release the bonus.
Other bonuses can be withdrawn in stages, for instance, a bonus of $100 may be withdrawn in ten stages of $10 while others may be released to you in full after the bonus clearance period.
All the bonuses have an expiry period of about one month.
It is important to learn the terms and conditions of a bonus before choosing it to ensure that you understand the requirements set for you to withdraw the bonus.
Clearing a Poker Bonus
One of the greatest benefits of playing online poker is that you can play in several tables at the same time. This is good because you will be able to clear the bonus amounts much faster. What this means is that if you were to play four tables, you would be able to clear the ‘rake’ or the ‘poker points’ requirement four times faster than if you were playing at one table.
Playing for higher stakes is another way that you can clear a poker bonus faster. If you were playing NL20 instead of NL10 you’ll be able to generate twice as much rake.
Playing in more tables or playing higher stakes could obviously have a great impact on your win-rate and possibly even cause you to lose your bonus amount. Therefore, don’t do it if you are not comfortable with it.
Picking a good bonus package can work great to boost your bankroll, so take some time to determine which one suit you best. A lot of players will automatically go for the highest bonus available, but this can be pointless especially if it means that you’ll earn nothing at the end. Think smart and choose the one that will give you the best chance of earning some extra money.