How do you make the best out of a poker bonus?
Do you know how to evaluate if a bonus promotion is really worth it?
Believe me, many of them are not!
Bonus are a great way to increase your return of investment. Let’s say you deposit $100 for a 100% bonus. If you play an average poker and keep your first $100, after a while you will have doubled it, with little efforts. So it is a great opportunity.
It all started six years ago. Poker was exploding in the internet, and the poker rooms were doing their best to get new players on board. That was the time of the small bonus, from 20% to 50% of the first deposit. Now you will find some rooms offering up to 200% bonus, but it’s not that simple.
In the beginning, a room would have an instant 20% bonus, for example. After your first deposit, the bonus was added up to 24 hours later in your account. Now, things are a lot tougher.
These are the factors that you should consider while deciding for a bonus:
1. Maximum amount. OK, this room offers a 100% bonus, to a maximum of $50? $1000? Be careful about that. If you have the money to invest, and you usually play high limits, you should be looking for the rooms that offer a higher maximum bonus amount.
2. Bonus release – requirements. Most poker rooms have rules about when your bonus will be released. Usually, they state on their conditions on their website. This means that you need a certain number of raked hands, or points, to be able to receive the bonus. For example: a room release 5$ of your bonus every time you get 50 points. But how you get 50 points? That’s what you should focus on. Usually you get points by playing real-money tables, every time some rake is collected from the table. You can also get points by playing tournament fees. This makes all the difference. If a room only give points in cash games, and you play only tournaments, forget about your bonus. If the other room give points only if the rake was higher than $0.25 and you play only alexistogel micro-limits, again, it will be really hard to get your bonus.
3. Bonus release – full or partial. Some rooms give you your whole bonus after the conditions are met. Others give you in increments, usually of $5. If you play less than one hour per day, you should be going for the second type, because even if you don’t get the full bonus, you can make some profit. However, if you play a lot, you could try the first type, as you will be able to receive it in full.
4. Bonus expiration. This upsets a lot of people. You will find that some rooms have a 30 day expiration for all bonus. This means that if you don’t make the requirements in 30 days, you don’t get any of the bonus. Usually, the expiration of bonus is 90 days, but you should check the poker room website for more information.