Online Poker Bonuses
Online poker is really fun to play, and you can win (or lose) cash at the same time! Many online poker rooms offer bonus codes, which may offer a wide variety of different kinds of incentives for signing up with them. Each bonus tends to have its pros and cons, but most people agree it is much better to go into a poker room with one instead of without one! One type of poker bonus is called a deposit bonus. A deposit bonus typically ranges from 5-100% of your first deposit, it is rare, but you can find bonuses more than 100% sometimes.
A deposit bonus is great; you get free money to play with! This should be particularly appealing if you are a novice at poker, because you get a chance to learn poker a little better before you start taking losses. One of the cons of of this type of bonus, is that you are restricted by what is known as a wagering requirement. A wagering requirement is a restriction on your account that says you can’t withdraw any of your money until you have wagered a certain amount of it. Usually, a wagering requirement is 5-20% of the amount you deposited plus the bonus they gave you for depositing. It is understandable why they do this, if this restriction did not exist everyone would just deposit 500 dollars, get a 100% bonus somewhere, and withdraw 1000, they would be out of business in under 24 hours.
The type of bonus above is known as a cashable deposit bonus, you can withdraw everything including winnings and money left over from the bonus once you have completed your wagering requirement. The other type is known as a sticky deposit bonus, this means the amount of bonus you receive can be used to wager, and you get to keep winnings from it, but you can not withdraw the amount of the bonus no matter how much you have wagered. Another type of bonus is called a free roll bonus, which is usually used for poker tournaments. The rules for a free roll are different at ever different room, but they give you a free entry into a poker tournament(s) and give you a chance to win the big prize without putting up cash!
Online poker is certainly fun, and with time and patience, you can get very good at it. Every bonus has it’s downside, but it is far better to play with one, than without one. Not all types of poker bonuses are listed here, just remember to check all of the terms and conditions before you choose to take advantage of a bonus.