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What-You-Need-to-Know-About-Poker-Bonus-Codes

Over the course of the past year, we’ve seen numerous poker sites adding an accessories store to their website and a few times a day we’re seeing the brings in of yet another new casino game – this is aptly named “Poker Bonus Codes” and the concept is a fairly simple one.

The entire concept centers around the idea of giving customers “Free Money” to play on their website and in turn they’re able to use that money to either test out the software or participate in the online tournaments that the website offers. In other words, if they’ve won at the casino and like their experience, they can withdraw their winnings and say goodbye to their free money.

At this point, it sounds like a fairly simple concept, but the kicker is that you have to earn your bonus money. This may sound like a easily achieved task, but it isn’t so simple. In fact, it’s not exactly easy to earn a bonus of this size. Most online gamblers are used to playing online games such as bingo or online casual games which don’t really require that much skill, so when they are presented with a similar type of roulette gambling they might not really be too interested, leaving them with the option of utilizing their initial deposit bonus in other casino games.

Online gambling denizens understand the concept of a bonus better than anyone as it’s common to turn bonus into actual cash via a process called “Withdrawal”. When you add together your initial deposit bonus with the deposit bonuses available from various online casinos, it can sometimes be difficult to gauge just how much of a bonus you will actually earn at the casino.

For example, Take a look at a couple of examples of bonus incentives offered by the same online casino:

  • You open an account with the online casino and receive a 100% match bonus. Unfortunately, you discover that the casino has a withdrawal limit of $100,000 and if your money is returned you will have to meet this rollover requirement, making it impossible to withdraw the $200,000 from your original bankroll.
  • In the same example, say you deposited $100,000 into your new online casino account and you are rewarded with a 50% match bonus. In this case, you’re unable to withdraw the $50,000 unless you earn another $100,000 within 30 days of opening your new online casino account since the first bonus was received.

The first bonus is an incentive, the second bonus is a sticking bonus.

Sticking bonuses are generally offered to Hold Em players and casino traffic will continue to be the primary area of growth for many online casinos. This is partly because players within the United States are known to be frequently depositing money into online casinos, although there are many online casinos that accept money from around the world.

Good deposit bonuses, especially those that are offered again after your first deposit, will typically have tougher competition and there will be fewer players using the bonus to make larger deposits. These incentives are typically aimed at the brand new player because the casino needs a newbie to get interested in their brand and they want to establish a relationship with the player.

So if you’re a first time player with a bonus from an online casino, don’t expect that you’ll be immediately rewarded with funds to play with. It will take your first deposit for that to happen, and if you take an extended period of time the bonus may be treated as earned income, which means you pay taxes on it.

However, bonuses are generally Rewards and are meant to help you be able to play with the casino, get familiar with games, and feel comfortable with the environment. The thought is that online casinos are seeing more and more sign ups in the current economic downturn, so they’re able to make up for lost revenue by offering more bonuses to their players. On top of this, it’s common for groups of friends to come together to play online and often the funds that are pooled provide the funds for these bonuses, so the idea is that the casino will get back the money that’s been contributed to them as a result of playing with them.

Also, keep in mind that you can’t bet with the money issued to you by the casino, but you can use the money issued by the casino to play with. In other words, if the casino is offering you $100 to play with, you can’t take $100 out to bet, but you could put the $100 issued by the casino into play and bet with the casino’s funds.

Online casinos are for all those people who like a little bit of action and excitement in a stress-free environment and to play games they enjoy.

By Karol