Deposit Bonus
Claiming a deposit bonus is a great way for players to start their experience at an online poker platform. All major poker sites would greet new members with a sign-up deposit bonus which enables them to build up their poker bankrolls by simply playing their favorite game. Redeeming one such bonus is a smart way for customers to get more value for their play. It serves as a compensation for the rake they are obliged to pay to the house for hosting the online poker games.
Deposit bonuses can be grouped into two major categories, the first one being the sign-up bonus we mentioned above. This usually comes in the form of a deposit match of the amount you first transfer to your new poker account. You need to opt in for the bonus and deposit the stipulated minimum amount to your balance, which in many cases is no more than £10.
The deposit is matched by a specific percentage, usually 100%. This means that if you deposit £50, another £50 will be added into your account so you will have a total of £100 for free play. The deposit match is limited to a specific amount, though. For example, if you opt in for a 100% poker deposit bonus of up to £500 and deposit £600 for the first time, you will still get only £500 in bonus monies.
Note that poker deposit bonuses are usually released into your bonus balance in increments, typically of 10%, but this all depends on the policies of the poker platform you have signed up with. You need to play cash games, tournaments, and Sit & Gos with your deposited money where you will have to contribute either with buy-ins or rake to release the bonus increments.
Sometimes when you play with your own money, you are awarded points. Once you have earned the necessary number of points, you may receive another bonus increment. The deposit bonus remains valid for a limited period of time, for instance, a month or so. Those who do not manage to release all their bonus increments within this timeframe will have their bonus voided. In some cases, the poker operator would offer sign-up deposit bonuses in the form of freeroll tournament tickets.
The second type of poker deposit offer is the reload bonus which is awarded upon subsequent deposits. It works in a similar fashion to the sign-up offer. Almost all poker platforms offer deposit bonuses to new players, but if you do not know which one to join, we recommend you check the poker operators on this page. William Hill, 32Red, Betway, and Ladbrokes all offer very mouth-watering bonuses to their poker players.