So you want to play online poker at Bovada. One of the most important things you want to look at when deciding on which online poker site to play at is the welcome bonus offer.
First of all, what is an online poker bonus? An online poker bonus is essentially free cash which is given away by the poker site as a way to attract new players to the site. There are many poker bonuses for new players of a poker room and they can be divided into the following categories:
No Deposit Poker Bonus
These are less common that match deposit poker bonuses. They are sought out by online poker players who are new to the game and don’t have a lot of money to make a real money deposit, and would prefer to get a small bonus to play any real money games and try out the software. Winnings can be cashed out, but maximum withdrawal limits can be imposed. Check out the terms and conditions of the no deposit bonus prior to claiming it.
Poker Match Deposit Bonus
These are the most common online poker bonuses. This online poker bonus is essentially a free amount offered to you, usually when you deposit a certain amount of money. For example, some online poker site may offer new depositors a 100% match bonus. If you deposit $100, you will get to claim a $100 welcome bonus, which you get in addition to your deposit to play with.
This additional money comes in handy when you’re new to the game. In general, the poker site will have a minimum and maximum added bonus. It is wise to deposit as much as you can in order to claim a bigger welcome bonus. The welcome bonuses will not be given until a certain amount of rake is paid.
Poker Reload Bonus
Many online poker sites will also offer reload bonuses. This bonus is for those players who are looking to deposit again after losing their initial deposit. Some poker rooms will regularly offer this promotion. As with any online poker bonus offered by a site, this bonus is only valid when you rake enough.
Poker Referral Bonus
This type of bonus for players who make other players deposit into a new online poker room. You can typically expect to receive $20-$200 for referring new players.
These are the 4 main types of online poker bonuses. The secret of releasing the bonus in parts is to accumulate enough poker points. This is typically reflected in the Cashier of the poker room, where you will be able to see how many points you already have accumulated, and hence can figure out how many more you will need to claim the rest of the bonus offer. It is very important you know when the online poker bonus offer expires, because once it does, you will no longer be able to release any more bonus cash that was waiting to be released in your account.