When you play online poker you’re able to fatten up your bankroll considerably when you take advantage of bonuses. Many players start their poker journey with free games, but the truth is, that you aren’t able to win real money when playing free games.
When you play with bonus money, however, all your winnings will be credited to your account, which means that you’ll also play for free but you’ll still stand the chance to win real money.
What’s a Bonus?
Let’s start with the basics: understanding the term ‘bonus’ is important. This is when an online casino gives you an opportunity to play with bonus money, while still standing the chance to win real money.
Bonuses are offered in many different shapes and forms – some better than others. Once the bonus money is credited to your account, you’re able to use the bonus money to place bets while playing poker. The value of the bonus money is the same as real money; the only difference is that you don’t pay for it.
Why Do Casinos Offer Bonus Money?
This question is always asked by new players. The online poker industry is incredibly competitive, and because poker sites want to attract more players, they offer players the opportunity to play for free. They want to lure you in and they know that if they offer you a brilliant promotion, chances are, you’ll choose them and become a loyal customer.
It’s a clever marketing strategy that’s obviously working because more and more players are enjoying all the perks that online poker has to offer on a daily basis.
Perhaps one of the greatest things about bonuses, is that they’re not exclusively offered to new players. Online casinos also want to keep their existing players entertained. This means you can expect to be offered some sort of promotion throughout your entire online poker experience.
As mentioned before, there are many different types of bonuses offered, so let’s explain.
Sign-up poker bonuses are generally offered to new players when they open an account. The casino will offer you a specified amount of bonus money that will be credited to your account once it’s been verified.
The amount of bonus money might not be high, but it gives you the perfect opportunity to test the functionality of a casino before you spend any of your own cash. No deposit is required, which means that you’ve got nothing to lose.
After you’ve played through your sign-up bonus and want to make your first deposit, you’ll be surprised by how generous poker bonuses actually are. A match bonus is when the online casino will match a percentage of your deposit amount. If it’s a 100% match bonus of up to $500 and you make a $100 deposit, you’ll receive $100 bonus money. Yes, this means that your chances of winning will be doubled.
A re-load bonus is a match bonus that’s offered for a specified number of deposits made. The casino might offer you a 100% match bonus of your first deposit, a 75% match bonus on your second deposit and a 50% match bonus on your third deposit. You can sometimes get your hands on up to $5000 bonus money if you take full advantage of a re-load bonus.
There is always a maximum cap on these bonus offers, which means that the casino will match your deposit amount up to a maximum amount.
Poker tournaments are incredibly popular among poker enthusiasts and freerolls are a dream come true for any new poker player. This will give you the opportunity to take part in a tournament without having to spend any of your own money. It’s a fantastic way to sharpen your pencil, or to test different variations of the game before spending any of your own money.
It never stops! Online casinos often run daily promotions which means that you’re able to play with bonus money every single day of the week. One casino might offer you a no-deposit bonus on a Wednesday night, while a different casino will offer you a 100% Match bonus on a Thursday night.
This bonus tends to offer generous amounts of bonus money but you aren’t able to withdraw the initial bonus amount.
So let’s say you’ve received $3000 bonus money and made $2000 winnings, you’ll only be able to withdraw the $2000 win and not the $3000 bonus money. But lets’s face it, it’s still a sweet deal because it gives you the opportunity to bet more aggressively – which is something you might not have done if you were playing with your own money.
The more you deposit, the better the bonus offers. Online casinos reward players for their loyalty and will therefore constantly offer players promotions to keep them entertained. You can expect to be offered any of the above bonuses, plus, you’ll have the option to earn loyalty points.
Again, loyalty points differ from one casino to another, so one casino might give you 5 loyalty points for every $1 you deposit, while another might offer you 1 point for every $1 spent.
Players can exchange these points for money or bonus offers, so it’s highly advisable to take advantage of these offers. If you take advantage of all these different promotions, you’ll be able to make decent winnings while spending very little or nothing at all.