You've seen them in every online
poker site ad - "100% sign up bonus", "Loyalty bonuses", "Frequent Player
Points". What are they and how do you cash in on these amazing offers?
First
Deposit Bonuses (New Player Bonuses, Sign-Up Bonuses)
These are bonuses you
receive when you first sign up for a new poker site and deposit money
into your account. Typically,
it a fixed amount or a percentage of your deposit which is matched
by the poker site.
You are probably thinking this sounds like
quite a deal and wondering: "Does this mean they
deposit money into my account and I can withdraw it whenever I want?" Sorry,
but no. Generally, the bonus is credited to you ("cleared") as you play
in "raked" real-money
poker games (ring games, sometimes tournaments too). Most poker sites
give you a limited amount of time to use your bonus.
It's still a good deal
though - 100% bonus means your money goes twice as far! With
a good-sized deposit, you'll get to play a lot of games for half-price!
Loyalty Bonuses
Loyalty bonuses are offered by the casino
to reward people who continue to play poker on their site. A common
type of loyalty bonus is the re-deposit bonus - a bonus
given to you when you deposit more money into your account . Re-deposit
bonuses are usually similar to sign-up bonuses in that you use ("clear")
them by playing in raked poker games.
Frequent Players Points, Players Rewards Programs
Another way online casinos reward people for playing on
their site is through rewards programs or frequent
player points programs. Points are earned by playing in poker games -
these points can be saved and eventually redeemed for merchandise (or
in some cases, tournament buy-in fees). Merchandise ranges from money
clips, hats and t-shirts to iPods and other electronics. VIP players
in some programs can trade their points for a Plasma TV!
"Refer
a Friend" Promotions
Want to play poker online with your
friends? Many of the
top poker rooms offer "refer a friend" bonuses, most ranging from $25
to $100 per referral!
Other Promotions
Poker is a competitive industry so all of the online poker
sites offer frequent promotions to attract and keep players. These may
take the form of
"Win a car" tournaments, big-money
free rolls, satellites
for major Poker tournaments (where the prize is
a seat at a high-profile poker event) and prize
drawings, just to name
a few!
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