Poker Deposit Bonus Explained
Deposit bonuses, or welcome bonuses, are like free money. It is a contribution which a poker site gives when a player deposits into his account. Its amount varies, sometimes 100% or more of the amount a player deposits.
Deposit bonuses are often used to bring in new customers for them to join a poker site so these are available only when a player signs up for the first time. In order to claim the poker bonus, a player will need to input a code. These codes are usually readily available in the rewards or bonus section of the site.
The amount of first deposit bonuses usually matches the initial deposit of a player. Giving a 100 percent match bonus is a frequent practice. For instance, if a player signs up for a poker game giving a 100 percent sign-up poker bonus, he will be given back $50 if he deposits $50 into his account by using a code for the deposit. Although other sites give higher bonuses, they are not as easy to find.
Before a player is allowed to withdraw his deposit bonuses, he will be required to free the bonus money. It simply means a player needs to play a given amount in real money in his poker games. Winning or losing a game does not matter as long as a player contributes a certain amount of money for himto clear the bonus money in his account.
The amount of money a player needs to play differs from one poker site to another. For Winner Poker, bonuses are given in $5 increments. Each release requires 300 points in order to clear. The number of points depends on tournament and rake fees. A $1 in rake is equivalent to 15 points while a $1 of tournament fees gives 17 points. So in order for a player to get $5 of his bonus released, he will need to spend a $20 rake playing in cash games.
When a player makes a deposit, he also needs to input a bonus code. In any poker application, the cashier section often has a field where a player can enter the poker bonus code. Current codes are sometimes advertised directly on the sites of poker rooms. They are usually found on the promotions tab or page. There are also sites that give codes out to some affiliates. To find these, a player can search the web using the name of his chosen site followed by the words "bonus code" or "promotion".
A bonus code is used only once since it is offered only for the initial or first deposit. But there are some sites that apply bonus to deposits that were made during that day. It can also be a week or maybe a month from the players initial deposit.