BONUS'S:
There is a lot of competition to get YOU; to Register, Play and Deposit at a Poker Site. Each site offers a variety of Bonus's; player incentives; and other benefits to get you and keep you playing at their Sites. You will want to take advantage of these as much as possible.
There are Three Major Bonus offers.
NO DEPOSIT BONUS:
Naturally this is the Best. These can be $5.00; $10.00; $15.00; or $20.00. The most common is the $10.00 bonus offered on many Prima Network Sites. To get the Bonus you generally only need to register with the Site; and open a "real money" account. you may or may not, have to enter Banking or funding information. But; a deposit is NOT required. The Money will be deposited into your player account and can be used to play on the Site. Note: there may be some restrictions on withdrawals.
DEPOSIT BONUS: RE-DEPOSIT BONUS:
This is a Bonus the Site gives you when you make a specified Deposit. It can be a Flat Amount. (Like: "deposit $100.00 get $30.00 Free") or it can be a percentage of your Deposit. (Like: "$100% Bonus on new Deposits & 50% on Re-Deposits"). On some Sites; you receive the Bonus, as money in your account you can use to play. Other Sites; the money is in "Bonus Dollars" (You need to read the "Rules" and Restrictions; before Depositing.)
REFERRAL (Friends/Buddy) BONUS:
This is really Two Bonus's. When you are a registered Player on a Site You refer a "Friend"; by having them come to the site & register & give your name; either in a referral or Code box. You will receive (usually a Flat amount; Say; $50.00) deposited in your player account; when your "friend" fulfills becomes eligible to receive their Bonus. Note; their Bonus is in ADDITION to whatever "Deposit Bonus" they had. This is usually also a Flat amount. Even if the "Deposit Bonus was %. Note: Some sites have programs for you to furnish e-mail address for them to mail "Invitations" from you, to your list of "friends". I DO NOT reccomend this. It puts you and your Friends on SPAM LISTS; for numerous gaming Sites.
WHAT ARE:
BONUS DOLLARS:
This is "Money" put in your account by your Poker site; that cannot be used until it is "released" or Converted into "real cash". (it is sometimes called different names. You can receive Bonus Dollars; as a Deposit Bonus. On some sites you can WIN them in Freeroll PokerTournaments.
PLAYER POINTS:
These are Points "earned" on the Poker Site. They are usually called "frequent player points'; but have differnt names on different sites. You can receive Bonus Points; as a Deposit Bonus. On some sites you can WIN them in Freeroll; or other PokerTournaments. You can also "earn" them spending money on a Site. Sometimes you get Points for Tournament entry Fees. Sometimes; for playing a certain number of "hands"; on the Site at individual Tables. Sometimes they are given for numbers of "Raked" hands for different denomination game play.
RAKE:
The Rake is the Percentage taken by the "house"/Gaming site. It is a percentage of "the Pot" in Table (ring) Games. This percentage varies by individual Sites. This must be disclosed & you can find it on the Site. Some sites take their Percentage of every Pot, period! Other sites have what they call "no Flop-no Drop" Policy; and do not take a Rake if the flop is not seen.
RAKED HANDS:
What your Site considers a "Raked Hand" for earning Points; and "releasing" Bonus Money; also varies from Site to Site. Some sites give you credit for "playing" the Hand; if you are NOT "sitting out" & are dealt Cards; even if you fold. Other sites; require that you have "personally" contributed to the Pot, to get credit for "playing" the Hand. .
Others base your Points or Credit on the (Dollar Amount) of the Rake. Some even go so far as to only count your personal contribution towards the (Dollar Amount) of the Rake. Note: these last requirements are generally used by Sites that promise to "RETURN" a percentage of the Rake to you.
BONUS RESTRICTIONS:
On some Sites; when you receive a Deposit Bonus, instead of money Deposited in your account you can use; the money is in "Bonus Dollars", that need to be "converted to "real cash", before you can use them to play. These require either the accumulation of " a certain number of "player Points"; per Dollar to be "released".
Sometimes the requirement is to play a specified number of "Raked Hands" to release/convert each Dollar of Bonus.
On some sites it is a "Wagering Requirement": you are required to "wager" /BET; so many times the Bonus Amount. (for Example; if the it were 5-times the Bonus amount; and you received $20.00; your bets would need to total $100.00; to have the Bonus released) Guess you need to win some of those Bets. (Read the "Rules" & Restrictions before Depositing.)
WITHDRAWAL REQUIREMENTS:
Even though you have gotten "Free" money to use for "playing" does not mean you can withdraw; either your "No deposit Bonus" OR the winnings you have accumulated using the Bonus. It is common that before you can "withdraw" you must must either meet a "Raked Hand" requirement; OR a "Wagering" Requirement (above). Usually; if you have managed to accumulate some winnings; (rather than losing the Bonus Money) you will meet these requirements.
CATCH 22
Even though you have "MET" the requirements; there can be a complication when you attempt to make a withdrawal. For example: you try to withdraw using your Fire Pay account. You will get a message that you can only withdraw using this account, if you Deposited by that method. This will be the same message no matter which way you attempt to withdraw. If you contact support; some sites may make an accomidation for you. But; with most sites; you will need to make a Deposit; before you can withdraw. |