Best Poker Bonuses 2020
Most online poker sites understand that variety is the spice of life, so they offer different poker bonuses. They kick in whenever you deposit, although some sites operate smaller, no-deposit gifts as well. They are aimed at enticing new players to sign up with the temptation of free cash or to keep regular players happy. Online poker bonuses can help to boost your bankroll, allowing you to enter more tournaments, and play in tournaments with bigger buy-ins or simply increase in stakes for the cash games. They also get you on cash tables with higher stakes. If you think poker bonuses are one-size-fits-all, you are mistaken. There is a considerable amount of different promos and deals out there.
How do poker bonuses work?
When you deposit, you might need to enter a bonus code to start earning player points. They are awarded each time you play at a Sit & Go tournament or play cash games. The more poker you play, the more you accumulate. When you earn enough during the set promotional period, the site rewards you with free money. How much they award depends on the poker site and the manner how they allot their bonuses as well as how much you deposit. Some poker sites give you a reward of up to 100% with your initial deposit. You might need to pay a minimum amount, so better to check the specific terms and conditions. For instance, if you deposit €30 and you will receive a 100% match, which would be another €30 free as a poker bonus. Several poker sites offer a reload bonus when you make additional deposits later on. These bonuses vary from 20% to 100%.
Types of Best Poker Bonuses 2020
Deposit bonuses, first deposit bonuses, no deposit bonuses, freeroll bonuses, VIP bonuses, and reload bonuses are commonly available poker bonuses 2020. While they may have different names, you will find that they also come in various shapes and sizes according to where you play. Here are some common types of poker deals you are likely to find.
Welcome Bonus & First Deposit Bonus
The world’s most popular Internet poker sites all offer first deposit bonuses along with other promos that allow you to earn as you play. Poker sites often use signing up bonuses to attract players. Signing up bonuses are as the name suggests. You receive a bonus once you register. A website could offer a first deposit bonus alongside the signing up bonus. The first deposit poker bonus augments the player’s first deposit, and often tend to be match deposit bonuses. You are typically given a limited time frame of up to about 90 days, during which you need to clear the bonus funds and claim your free poker bonus money. Many such bonuses are cleared in steps of say, €10 for several hands playing real money poker games. Most welcome bonuses and first deposit bonuses equal around 10% to 20% Rakeback, which will be paid on top of any other bonuses or Rakeback you earn.
No Deposit Poker Bonus
Bonuses that do not require a deposit are appropriately called no poker deposit bonuses. Many welcome bonuses would fall into that bonus category. A no deposit bonus is given entirely free by a poker room in exchange for registering with the site. Once you sign up at the site, you receive free poker money as soon as you have registered. They are one of the better ways to build a bankroll or start playing poker for real money, as you can only win and don’t have to risk your own money. New players and beginners should make use of no deposit poker bonuses as they are a fantastic way to learn how to play the game of poker.
Match Poker Bonus
A match bonus is when a site matches a portion or all of your deposit amount. The exact percentage varies from one bonus offer to another and may rise as high as 100%. However, there will be a maximum limit you can withdraw from the bonus offer, and the site will specify the exact limit explicitly.
Reload Poker Bonus
The signing up bonus poker ushers you through the digital doors, but a Reload bonus keeps you there. You receive points after you make successive deposits and as such have lower percentages than welcome bonuses. The wagering requirements are generally more easy-going, which is a significant plus. Such bonuses essentially a match bonus as once you reload, the bonus kicks in and you receive a match bonus, not dissimilar to a first deposit or welcome bonus.
VIP Poker Bonus
If you are happy to commit to a poker room over the long-term, you can turn loyalty into monetary rewards, which are linked to a loyalty points system. While most benefits and prizes issued through a VIP system will be cash bonuses, you may also be in line to earn everything from merchandise to cars and holidays to tournament invites. Any beneficial VIP scheme should add extra oomph to your online poker experience, which is probably why they are well worth checking.
Poker Tickets Bonus
Poker tickets sometimes form part of a welcome bonus for new players who make a cash deposit. Vouchers can be used for entries in selected poker tournaments where users will play for real cash, qualification for other competitions or other gifts. Poker tickets offered as part of a bonus cannot be cashed in, but you need to play in specific poker tournaments. While you may find many other poker bonus choices, these are among the most used by online poker rooms. In many cases, a mixture of the two bonuses may be available as a welcome bonus package with selected poker websites.
Wagering Requirements and Conditions
If you get a welcome bonus when you make your first deposit, you cannot cash out that bonus money immediately. You will need to play through the amount several times before cashing it out. The exact play through requirements may include the amount of your initial deposit plus the bonus, or it may only include the bonus amount. Typical play through requirements range from 20x to 50x. There can be a catch with activating poker bonuses. If you don’t play enough over a period, the reward may not come into effect. You need to ensure you play enough poker to trigger that bonus. Cash game players tend to activate these bonuses.