Most poker sites offer a first deposit bonus equal to 100% of your deposit amount. If you put in $ 500, they match you and give you $ 1,000. This is enough for many players
Most poker sites offer a first deposit bonus equal to 100% of your deposit amount. If you put in $ 500, they match you and give you $ 1,000. This is enough for many players to consider jumping across multiple courts and cleaning up. Despite the obvious benefits, it can actually be very dangerous for most novice players. That’s why:
The bonus is awarded based on the amount of rake the site receives on the games where the cards are dealt to it. A bitcasino review poker site generally withdraws a few pennies in a small pot and up to a dollar or two in a very large one. Each site has a slightly different formula, but generally it takes a lot longer than you might think. Sometimes they release it in $ 10 increments; in other cases, it is a lump sum at the end.
For example, to clear the $ 200 bonus in a game with a limit of $ 0.25 / 0.50 (this means that the bet in the first two rounds is $ 0.25 and in the last two rounds it is $ 0.50), you will need approximately 30,000 hands, which is a lot play required.
The bankroll for limit poker is 300 big bets. This means that for a $ 0.05 / $ 10 game, you will need $ 30. To play for $ 0.10 / $ 0.20, you will need $ 60. There are other requirements in no limit poker. In low stakes games the buy-in is $ 2 or $ 5. You must have at least $ 40 in your bankroll to play 2NL. This gives you enough money to cover some of the losses without risking bankruptcy.
You only get a bonus on the amount of your deposit, so beginners who want to play these bets will receive only $ 30-60 in bonus money. Most newbies looking for bonuses are eager to earn a lot more. Players can contribute more than they need to for the levels, but this will make them desperately try to play as much as possible and their game will suffer.
Beginners really need to place small bets where there are a lot of loose players (eg $ 0.05 / $ 0.10 limit or 2NL). This helps them solidify the Texas Hold’em basics that any successful player needs and gain a good experience.
But the bonus structure often encourages them to play higher stakes games where they unlock the bonus faster (eg $ 0.50 / $ 1, $ 1 / $ 2 or 25NL). This puts them above their heads among experienced players, and they risk losing their entire deposit.