Ladbrokes, primarily known for their betting shops throughout the UK (and online), also operate a popular and full-featured online poker room. Open a new Ladbrokes account with the Ladbrokes Poker promo code BONUSBETS and make your first deposit, and Ladbrokes Poker will double that deposit amount and give it back as a bonus! Get a 200% initial deposit welcome bonus for up to £1200!
*18+. Deposit and your 200% bonus will be released to your balance at £5 increments for every 275 points earned. You have up to 90 days to redeem your full bonus through points. Terms and conditions apply.
What exactly do I get with the Ladbrokes Poker promo code BONUSBETS?
- By entering the Promo Code BONUSBETS, you will receive the maximum poker bonus available – which is a 200% initial deposit bonus of up to £1200. So if you deposit or transfer £600 into your new poker account, you have the opportunity to earn an extra £1200. The Ladbrokes Poker bonus is awarded in 5 equal payments, each being 20% of the maximum bonus.
- The Ladbrokes Poker promotion is available to both new and EXISTING Ladbrokes customers. As long as you are new to Ladbrokes poker, you can take advantage of the Ladbrokes Poker welcome bonus!
Enter Promo Code BONUSBETS
Ladbrokes Poker Bonus Release Rate: 3.20
Learn more about the Poker Bonus Release Rate.
Ladbrokes Poker Promotion Code & Bonus – Instruction Guide
To receive the Ladbrokes Poker bonus, follow these simple instructions:
Step 1: Click here to go to Ladbrokes Poker and register your new account.
Step 2: During the registration process, enter the Ladbrokes Promo Code as seen below:
Step 3: Make your first money transfer into the poker account. If you need to make a deposit, you may do so via credit card, debit card, Paypal, Skrill/Moneybookers, Neteller, ClickandBuy, Ukash, Western Union, bank transfer, and even via cash at a brick and mortar Ladbrokes shop. Please note that you will need to deposit or transfer £600 to receive the maximum bonus of £1200/$2000!
Step 4: You now have 90 days to earn Player Points by playing real money poker games, which will convert into bonus cash. The Player Points will convert into bonus awards at the rate of 170 points = $5. The bonus is paid out in $5 chunks. To receive the full bonus of £1200/$2000, you would need to earn a total of 68,000 player points.
You can read more details about earning Player Points below.
Earning Poker Player Points to Release the Poker Bonus
Player Points are earned from playing any real money poker game or tournament. For cash/ring games, 10 Player Points are given for every $1 in rake that you yourself contribute. The Ladbrokes cash games typically charge a 4.5% rake on the total pot, except for the micro-stakes games, in which case only 3.50% or 4.15% rake is charged.
More easy to understand is the tournament rate, in which 10 Player Points are given for every $1 spent on tournament fees. So you would need to spend $17 in tournament fees to earn the $5 bonus.
You would have to effectively spend $3.40 in tournament fees to earn back $1 in bonus money (PBRR of 3.4). So to earn the maximum bonus of £1200, you would need to spend £4080 in tournament fees, and do it within 90 days.
The Poker Bonus Release Rate (PBRR) of 3.4 is a decent rate and around average for the online poker industry. This equates to a 29.41% rakeback plan. The Ladbrokes Poker bonus is substantially easier to earn than the bet365 Poker bonus (PBRR of 6.67).
If you already have a Ladbrokes account and like poker, then it’s definitely worth checking out Ladbrokes Poker and earning at least some free bonus money. Since the bonus is paid out in increments of 20%, you can at least go for one bonus payout.
The Ladbrokes Poker Player Club further improves your rakeback by offering an additional 10% up to 30% on top of the 29.41% you’re getting from the welcome bonus! Keep reading to learn more.
Ladbrokes Rakeback with Poker Player Club
As mentioned above, you’re receiving 29.41% rakeback while earning the poker bonus. This is pretty good and a worthwhile reason to deposit enough to maximize the bonus amount.
While earning Poker Player Points to cash in on your bonus, those same points are establishing your Player Club Level. There are four levels in the club, Bronze, Silver, Gold, and VIP.
The number of Poker Player Points earned in the previous month determines your level for the current month. All poker players automatically participate in the Ladbrokes Poker Player Club and start off at the Bronze level. At this level, all players can cash in their Poker Player Points for a 10% rakeback.
This is in addition to the rakeback your getting from earning the poker bonus.
Remember that you earn 10 points for every $1 paid in rake or fees.
If you can earn 500 points in a month, then the next month you will be at the Silver level. But what you really want to do is get to the Gold level or higher with a minimum of 3,000 points because that’s where you’ll see a big jump in the rakeback. In addition to the 10% rakeback, you will receive a loyalty bonus worth another 17.5% rakeback, for a total rakeback percentage of 27.5%!
See the chart below:
Note that if you make the Gold level, you must OPT-IN to receive your 17.5% loyalty bonus! You can do that at the Ladbrokes website.
Loyalty Bonus payments are made into your account on the 5th and then 20th of each month based on points earned the prior month.
This is an excellent deal for regular poker players! For the first 60 days while earning the poker bonus, you could potentially earn a rakeback percentage of 31.25% (welcome bonus) + 30% (VIP Level) for 60.25% rakeback!
Of course, Ladbrokes is best known for their sportsbook. Read our review of the Ladbrokes Promotion Code for sports at https://redeembonuscode.co.uk/ladbrokes-promotion-code/.
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