Nowadays, it’s customary for poker rooms/casinos to offer poker bonuses to new players. Some rooms offer big one-time poker bonuses whereas others release the poker bonus to players in instances depending on how they use the site. Having said that, there are several types of poker bonuses offered by most rooms. Read on.
Types of poker bonuses
Deposit bonus
Most rooms offer this type of poker bonus. Most poker rooms, if not all, have some form of a deposit bonus in their welcome bonus package. Usually, the deposit bonuses are offered as a percentage of the deposited funds. For instance, a poker room may offer a 100% bonus. This means that whichever amount you deposit will be matched to the last coin.
In the same light, for a poker room offering a 50% deposit bonus, your account should reflect an additional 50% of playing funds.
However, it is worth noting that this type of bonus may have upper and lower limits. For example, a poker room may offer a 100% bonus for deposits above $100 but not more than $1000.
No deposit bonus
Poker players may also be treated to another unique poker bonus, the no deposit bonus. A no-deposit bonus is the exact opposite of the deposit bonus. Although rare, some poker rooms still offer it to stay ahead of the competition.
First things first, the no-deposit bonus is not expressed as a percentage of anything. Instead, it is given as a round figure. So, there is no deposit necessary to unlock the bonus. For example, a poker room may offer a $10 bonus to new players if they complete the registration process.
It means you can use the bonus from the word go.
Tournament tickets
Some poker rooms may offer free tournament tickets every now and then. The tickets can, however, be redeemed for select tournaments only. The tickets can be for a one-time tournament or a satellite to a more prestigious tournament.
Playthrough/wagering requirements
Before I sign off on this article, let me get you acquainted with this term. In most cases, the bonuses are not necessarily “free” money that you can withdraw to your bank account. If you take your time to read the fine print, theirs is always a monster known as the wagering requirement on almost all bonuses.
A wagering requirement denotes the number of times a bonus must be wagered before being available for withdrawal. Failure to meet the playthrough requirements can lock you out from making any withdrawal.
Therefore, it is always imperative to consider the wagering requirement before claiming a bonus so you can avoid future inconveniences.
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