Best Online Poker Promotions
Online poker sites are now legal in many US states. We have taken time to research all poker promotions online, and have a selection of the hottest deals on the internet to save you time and money. Kickstart your journey with some of the best poker promotions online. Sign up with our top-rated poker sites, or read more to discover how to claim the best online poker bonuses and if a poker promotion is right for you.
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A Guide to Poker Promotions
Table Of Content
What are Poker Bonuses and Promotions?
Poker bonuses are offered by most online sites as a way of attracting new players and keeping old ones.
With a new player bonus, you can earn extra cash to add to your bankroll. Use your free money to spend on tournament entries or a cash game. Oftentimes, you don’t even need to make a deposit in order to claim a bonus.
Regular players can also earn real money by claiming reload bonuses and rakeback. And all players can join a VIP scheme to turn loyalty points into cash.
Pros and Cons of Online Poker Promotions
You can find lots of poker promotions online in 2020. But poker bonuses aren’t for everyone. Many bonuses come with strict terms and conditions so it’s important to know what you’re signing up to. Here are a few pros and cons to claiming your poker bonus:
- Add extra money to your bankroll with the same deposit money
- Increase your chances of winning thanks to a bigger budget
- Wagering requirements can be difficult to clear
- Strict time limits on promotion usage means you have to clear the requirements in a short amount of time
Types of Poker Bonuses
Some bonuses require a deposit but the best sites will offer free cash with no strings attached. Let’s explore the best online poker promotions you may find at US casinos.
Often received at an initial or later deposits.
This allows you to get back part of the fees for tournaments.
No Deposit Bonus
A bonus that doesn’t require any deposit but is received for free.
Poker Welcome Bonus
A welcome bonus rewards you when you who make your first deposit.
After making your first deposit, you will earn points as you play cash games and tournaments. The more points you earn, the faster you can clear your bonus.
For example, let’s say you deposited $50 at a poker room. The site is offering a 100% match, so you can earn $50 in free money. You earn player points every time you enter a tournament or play a cash game. Points are then redeemed for dollars.
A poker site might offer a different percentage match, for example a 150% match, which gives you $75 for a $50 deposit. However, the most popular is the 100% match.
You must clear enough points to match your deposit within 30-60 days, but the time limit can vary.
No Deposit Poker Promotion
A no deposit poker bonus is one of the top online poker promotions. As the name indicates, no deposit is required, and you can usually try out cash games and tournaments. This is usually offered as a welcome bonus, to encourage new users to sign up and play.
A small amount of free money is deposited in your account after registration, with no deposit required. Normally, you will receive a few tournament tokens plus money to spend on poker cash games.
Reload Poker Bonus
A reload poker bonus awards regular players who have already made their first deposits. The promotion promises a smaller amount of free money than a welcome bonus. You will be able to deposit up to $50-100 to qualify. The poker room will match the deposit once you meet the playthrough requirements. Rollover requirements for a reload bonus can vary. In some cases, you may have to bet 30-40x your deposit in order to unlock the free money.
Some US poker sites still offer cashback, or rakeback. Every time you play cash games or tournaments you pay rake. Rake is a fee paid to the poker room.
Rakeback promotions let you recoup some of those fees. Oftentimes, you will have to clear enough games during the month to qualify for rakeback. Rakeback deals vary but can be as much as 10-40%.
The best online poker promotions for new players feature freerolls. Freerolls are free-to-enter tournaments that guarantee a small prizepool. The prize money is divided between the top 10% of freeroll finishers.
When it comes to poker promotions online, VIP loyalty schemes are hard to beat. With a VIP program, you get to earn points for every tournament and cash game you play.
The more online poker your play, the higher you’ll rise through the loyalty levels. You can earn benefits like tournament tokens or cashback on your play.
For example, you might earn 2 points for every $1 in fees you pay when playing online tournaments.
You enter 50 tournaments priced at $10+1 each, where the $1 is charged as a fee. You now have 100 points in your account.
Poker Promotions Wagering Requirements
It’s important to understand rollover requirements before you claim an online poker promotion.
Rollover requirements, or “wagering requirements”, refer to the amount of money you must deposit in order to unlock a bonus winnings.
Here’s how a typical rollover requirement in online poker might work.
Example 1: Reload bonus
You deposit $50 to claim a reload bonus at a top poker room. The wagering requirements are 35x the deposit + bonus. That means you must gamble 35 x (50 + 50), or $3,500, in order to unlock any winnings you get from that promotion. You may also have only a few days in which to clear the bonus.
Example 2: Clearing bonus points
You can also clear a bonus by earning player points through tournaments and cash games.
An online poker site is offering 100% up to $500. You decide to deposit the full amount. The poker room gives you an extra $500. This is paid into your account in installments as you earn points.
You collect points by playing cash games and tournaments. You earn 2 points per $1 in rake or tournament fees. The poker room will award you with $1 in cash toward your bonus for every 4 points you redeem. These are figures that will vary from one poker site to the next. Always make sure to check the T&Cs of a particular offer. Even with the best online poker promotions, there will be a disparity between the rate you earn points and the rate you redeem them. Essentially, the poker room is rewarding you for paying fees and cash game rake.
Find Great Online Poker Promotions in 2020
Ready to play? Take advantage and sign up to one of our recommended poker rooms. Earn free cash today with our top US poker sites.
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