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  23-Apr-12, 05:24   #1
pokerstars 0 
mondohez 
Joined: Mar '12
Location: United Kingdom
Age: 45 (M)
Posts: 1
would like to no how they say that they double 1st deposit.sounds strate forward?is it fook got 2 earn stupid ffp points b4 they release it..robbers end of

     
  23-Apr-12, 05:48   #2
  0 
jessthehuman 

Joined: Apr '09
Location: Australia
Age: 32 (M)
Posts: 6441
It appears as though you finished your sentence before the


Any how, this is how ALL poker bonuses work.

They're match-up bonuses - basically you deposit $X and you have to earn the poker site something like 2.5X this amount before they release it. For 1st deposit bonuses anything from around 35%-60% rake back on your bonus is common. For example - if you received a 40% deal, this would mean for every $1 of bonus you wanted to release, you would need to rake in $2.50 for the site - and ultimately you would get 40% rake back. Reload bonuses generally clear at higher rates (lower RB).

------------
This might seem really obvious (it is) but some people seem to miss this, so I'll just spell it out.

When working out whether a poker bonus is good or not you need to do this:

* Find out the clearance rate of points vs bonus dollars
* Find out how many points you get per dollar of rake
* Calculate the percentage of rakeback your bonus is worth

Example

Site XYZ says "We give you up to $500 1st deposit bonus"
You check the terms and the say * For every $1 of bonus, you must earn 100 player points
So you have a look and it turns out for every $1 in rake you pay, you get 50 player points.

so 100 points = $2 in rake

So to clear the $500 you must rake 500 * $2 = $1000

This means your rake back for the bonus is calculated @ $500 / $1000 = 50% RB = no bad

Now let's look at next offer

Poker site FGH says "100% matchup up to $2000.00 !!!!!!!'

Wow ! $2000! lets take a look - OK - they say for every $1 of bonus you need to clear, you must earn 10pts ! Sounds great = but wait, let's see what the points/rake system is:
turns out for every $1 in rake you pay, you only earn 2 pts.

So if you want to clear $2000.00 you need to earn 2000 * (10/2) = $10.0000!

So your rakeback on this deal is actually $2000/$10000 = 20% Rake back - Terrible !!

***********

So don't be fooled by large numbers = always check bonus value in terms of RakeBack and ALWAYS check how long you have to clear it and whether it releases in chunks or in a lump : if it's a lump sum, this is fine - but you need to be careful, because if you clear 90% of it and time runs out, you'll get nothing.

Edited by jessthehuman (Monday, April 23, 2012 @ 05:58 GMT)


     
  23-Apr-12, 07:05   #3
  0 
Macubaas 
Joined: Apr '11
Location: Romania
Age: 27 (M)
Posts: 6668
Unfortunately for you on all poker platform out there the system is similar, i mean you don't get the 100% bonus instant...

Still, there are some sites that also offers you an instant bonus on your first deposit. Good luck clearing the bonus now!

     
  23-Apr-12, 07:20   #4
  0 
jessthehuman 

Joined: Apr '09
Location: Australia
Age: 32 (M)
Posts: 6441
Posted by Macubaas:
Still, there are some sites that also offers you an instant bonus on your first deposit. Good luck clearing the bonus now!


This is true - but they're normally pretty crappy deals compared to the slow-release ones.. often like Deposit $100.00 and you'll get an instant $5 or $10 and quite often forfeit the larger bonus..

     
  23-Apr-12, 09:12   #5
  0 
DaCapo71 
Joined: Aug '10
Location: Germany
Age: 45 (M)
Posts: 1712
I never saw a 100 percent bonus offer at stars in the last years. In the last months, they give no dep. bonusses, only ticket bonis. There are no more reasons to play at stars without cash bonusses, the vip level is only good in the higher stakes.

     
  23-Apr-12, 09:16   #6
  0 
jessthehuman 

Joined: Apr '09
Location: Australia
Age: 32 (M)
Posts: 6441
Posted by DaCapo71:
There are no more reasons to play at stars without cash bonusses, the vip level is only good in the higher stakes.


Yeah - this is one of the reasons I don't play at Stars.. @PKR I have 30% RB + Regular reloads (generally $500 a piece).

But I simply don't play any where near high enough stakes to make the PS VIP program worth it over my current program.

     
  23-Apr-12, 12:03   #7
  0 
Fakiry 

Joined: Apr '09
Location: Portugal
Age: 37 (M)
Posts: 4764
The only money you can get for free is no deposit bonus. After having that, you have to play to make it your own. And if you play well, besides you turn the no deposit bonus into money for you, you will also get an extra, which is that doubled 1st deposit. What can you ask more? Just play and win. No money for losers.

     
  23-Apr-12, 15:06   #8
  0 
MIGO14 
Joined: Mar '11
Location: Germany
Age: 47 (M)
Posts: 1235
Posted by jessthehuman:
It appears as though you finished your sentence before the


Any how, this is how ALL poker bonuses work.

They're match-up bonuses - basically you deposit $X and you have to earn the poker site something like 2.5X this amount before they release it. For 1st deposit bonuses anything from around 35%-60% rake back on your bonus is common. For example - if you received a 40% deal, this would mean for every $1 of bonus you wanted to release, you would need to rake in $2.50 for the site - and ultimately you would get 40% rake back. Reload bonuses generally clear at higher rates (lower RB).

------------
This might seem really obvious (it is) but some people seem to miss this, so I'll just spell it out.

When working out whether a poker bonus is good or not you need to do this:

* Find out the clearance rate of points vs bonus dollars
* Find out how many points you get per dollar of rake
* Calculate the percentage of rakeback your bonus is worth

Example

Site XYZ says "We give you up to $500 1st deposit bonus"
You check the terms and the say * For every $1 of bonus, you must earn 100 player points
So you have a look and it turns out for every $1 in rake you pay, you get 50 player points.

so 100 points = $2 in rake

So to clear the $500 you must rake 500 * $2 = $1000

This means your rake back for the bonus is calculated @ $500 / $1000 = 50% RB = no bad

Now let's look at next offer

Poker site FGH says "100% matchup up to $2000.00 !!!!!!!'

Wow ! $2000! lets take a look - OK - they say for every $1 of bonus you need to clear, you must earn 10pts ! Sounds great = but wait, let's see what the points/rake system is:
turns out for every $1 in rake you pay, you only earn 2 pts.

So if you want to clear $2000.00 you need to earn 2000 * (10/2) = $10.0000!

So your rakeback on this deal is actually $2000/$10000 = 20% Rake back - Terrible !!

***********

So don't be fooled by large numbers = always check bonus value in terms of RakeBack and ALWAYS check how long you have to clear it and whether it releases in chunks or in a lump : if it's a lump sum, this is fine - but you need to be careful, because if you clear 90% of it and time runs out, you'll get nothing.





Very good explanation indeed. Will help a lot new players to understand it.
I always take into account the time I have to release the bonus and I love to have partial pay outs, because I don´t have the time to play enough to release the full bonus amount.

     
  23-Apr-12, 15:25   #9
  0 
Serpang 
Joined: Jan '10
Location: Indonesia
Age: 53 (M)
Posts: 1477
So we have to play a lot. Since ITM more than 15 % is very difficult for medium skill , so that rake back bonus is s hiiit. just winning player like Jess and Jovi will clearance that bonus Big Smile Big Smile or play cash game.

Anyone already clear the bonus ? I never don't care with rake back bonus. very hard to clear it Sad Sad

     
  23-Apr-12, 17:05   #10
  0 
lukasb 

Joined: Mar '11
Location: Croatia
Age: 36 (M)
Posts: 1735
If you use a strategy that ur comfortable with ( meaning play what u know and dont be a hero that uses no bankroll management) it's nothing special to clear that bonus imo. I deposited there and decided to use another promo instead and since then, even thou i have my ups and downs ( bastards downs sometimes i tell ya) im keeping myself on the profit margin. the points got are just an extra so far and if i did took that promotion i would be all set to release it.

Don't expect it to be easy money, but if u know what ur doing it's not impossible either.
God luck with that and if think it's too hard for u.. well .. probably it is.

     
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