The online poker bonus offers that scatter the Internet are very difficult to understand and oftentimes even more difficult to cash in on. While we go in-depth on all our poker bonus and bonus code reviews to help the player understand what he’s getting into, that’s not enough.
What players also need to know when choosing a bonus code and poker bonus to pursue is a comparison between the online poker sites, clearly showing which poker room offers an easier bonus to EARN!
The most critical aspect to taking advantage of any online poker bonus is what we call the “Poker Bonus Release Rate” or PBRR. If a poker site offers a $10,000 bonus, but requires you to play an ungodly amount of poker at stakes you can’t afford, then this bonus is practically worthless.
We’ve compared the poker site bonuses below, in an apple-to-apple comparison so you can see which poker bonuses are easier to earn than others. Of course, this isn’t the only factor when considering bonuses – there is also the maximum size of the bonus, the match percentage offered, whether you can earn fractional increments of the bonus or it’s an all-or-nothing award, and if you are even allowed to play at that poker site (jurisdiction).
The Poker Bonus Release Rate listed below describes the amount of tournament fees (in dollars) required to spend in order to earn $1 in bonus money. The lower this number, the better the bonus offer.
For example, at Bovada Poker, you have to spend $1.67 in fees/rake to receive $1 cash back in bonus money. If we divide $1 by $1.67 (1 / 1.67), we can calculate a rakeback or cashback percentage of 59.88%.
William Hill Poker offers a PBRR of 3.4 or a 29.41% (1 / 3.4) rakeback percentage.
The rakeback or cash back offers provided by these poker welcome bonuses decrease the cost of playing poker, improving your profit margins and extending your bankrolls.
Furthermore, the online poker rooms sometimes offer a VIP or Loyalty program, which further contributes to the rakeback percentages above and beyond the welcome bonuses.