Promotions
Promotions are a great way to add to your bankroll every month. I earn a little over
$100 a month on average by taking advantage of the various promotions the sites
offer. Some of the types of promotions include bad beat jackpots, high hand of the
day, and bonuses for when a site reaches a certain milestone for hands dealt. My
favorite promotion is the deposit bonus because it is free money deposited directly
into my account!
The deposit bonus requires that you deposit money into your account, and in return
you are awarded a bonus, generally between 20% and 25% of your deposit. To
withdraw the bonus, you simply have to play a certain number of hands, which is
usually five times the bonus amount. Each site has slightly different rules on how
they work, but the concept is basically the same. Most sites also have a new
member sign-up bonus, which usually can be up to $50.
Deposit bonuses are a great way for low-limit players to build a bankroll so that they
can move to higher limits more quickly. Open an account in a new site to take
advantage of the new member bonus. Once you have played enough hands,
withdraw your money and start up an account at a new site. Keep doing this at six
or seven reputable sites and your bankroll should build up quickly. Once you have
exhausted the new member bonuses, the sites will still continue to offer other
deposit bonuses from time to time that you can take advantage of.
One warning about deposit promotions from new sites, New sites try to build traffic
by offering deposit bonuses to new players. Be very careful whenever depositing
money into new sites that are not backed by a reputable company, as several have
gone bankrupt and left with the players' money. I have been a victim twice and do
not plan on becoming one again. If you do decide to play at a new site, keep your
bankroll small. These bonuses are great, but only when backed by a reputable site
where your money is safe.
Many sites now offer "points" for each hand that you play. You can use these points
to purchase merchandise or enter various tournaments they offer. These
tournaments are an excellent bargain since you are getting a chance to win a big
prize without having to commit any of your own money. Some of these tournaments
offer up to $25,000 in prize money. Almost all of the sites also have tournaments
where you can win seats into special live tournaments such as the World Series of
Poker or other tournaments offered in exotic locations such as Australia and Aruba.
These are a great opportunity for players to get a chance at a major live event.
NEXT...Tournaments
