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Online Poker Bonuses – Understanding the Best Offers

Poker’s meteoric rise in popularity over the last 15 years has been driven by two main factors. Firstly, the inclusion of major live events on mainstream television. And secondly, the arrival of online poker.

Image credit: Pixabay

The post-millennium poker explosion

TV presence and media coverage of top tournaments such as the World Poker Tour and the World Series of Poker brought the game to the masses. It also turned top poker players into celebrities and celebrities into poker players, sparking interest in a new generation of casual poker fans.

Poker nights became a common social activity and the number of weekly players hit new heights. As more people learned to play the game, online poker gave them the opportunity to practice and play for real money in a safe environment at any time of day or night.

Online poker bonuses

With so many people taking up poker and so many websites vying for their business, the best sites started offering attractive bonuses to entice players to sign up. The types of promotions have varied over the years, but it is now common for poker sites and online casinos to offer a free cash bonus to every new player who signs up.

To make it easy for new customers to find the best online poker bonuses, sites such as www.bestonlinecasinos.org.uk have been established. These review sites are similar to the comparison websites you might use when looking for a new insurance deal or other financial product.

Basically, they assess a range of factors including online safety, level of service, reliability of software and quality of bonuses to help players find the right online casino for them.

What makes a great poker bonus?

When it comes to bonuses, what makes a great offer? The first thing that will grab users’ attention is the amount of bonus cash offered. This can range from tens to thousands of dollars. Many players are tempted by the bigger cash numbers and rush to sign up and play.

Only then might they find out that the wagering requirements to receive the bonus are very restrictive, and in some cases, extremely difficult to achieve. But what are these requirements?

Understanding bonus wagering requirements

If you are not sure what a wagering requirement is, let’s take a closer look at this feature, which is often hidden away in the small print of online casino sites.

A wagering requirement refers to the number of times a player must stake the equivalent of the cash bonus before the money is released into their account.

For example, if you must deposit $20 to get a cash bonus of $100 but there is a wagering requirement of x5 including your deposit, you will have to wager 5 x $120 ($600) before you can withdraw any bonus winnings.

Okay, you might think, I’ll probably wager that amount eventually. But there may also be a time limit on meeting the wagering requirement. So you may have just 14 days to wager $600 and release your bonus winnings.

Online-Poker – Chips und Karten auf dem” (CC BY 2.0) by marcoverch

Check the Terms and Conditions

It is often the case, that the best bonus deal overall offers a lower bonus payment but has much easier wagering requirements. All licensed and industry-regulated poker websites will display their wagering requirements and other information related to their bonus in the relevant terms and conditions page of their website.

However, many players do not look beyond the monetary value of the bonus before signing up. So, it is vitally important that you check through the terms and conditions yourself, or find a reputable casino review website that you can trust.

As we have explained, online casino game bonuses are not always what they seem. The best deals are often the ones that have lower cash incentives but more reasonable wagering requirements.

What’s more, they are always offered by fully licensed and authorised poker websites that have a good reputation for service and offer speedy pay-outs. Make sure you understand what makes a great poker bonus offer before you sign up and start wagering.

How Much Cash Back Will I Earn?

Rakeback increases your winnings from online poker as you continually earn money back from every raked hand or tournament you play.

Many players earn a living wage from rakeback alone. Use the calculator below to estimate the size of payments you’ll get over a given period of time. The calculator will compute your expected daily, weekly, and monthly cash back depending on the stakes and tables you input.

Calculate Your Rakeback
$125
Hourly
$998
Daily
$17,472
Monthly
$174,720
Yearly

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