What is an Online Poker Bonus?
There’s no such thing as a free lunch but there is such a thing as free money to play online poker. This free money is referred to as a poker bonus and all Canadian online poker sites offer them.
There are several types of poker bonuses offered to new and existing online poker players. The amounts of these bonuses vary from site to site, but most sites have similar offers to their customers.
The first and most common type of bonus is a signup bonus. This bonus is awarded to a player when they register for a new online poker account. This poker bonus is generally small and in the $5 to $20 range.
Some sites also offer a Welcome Bonus to their new players. These bonuses are in addition to the signup bonus and can vary greatly depending on the site. Welcome bonuses include things such as a match bonus for a first deposit, freeroll tickets and prize drawings. Please note that any bonus money attached to a welcome bonus generally requires that you either rake a certain number of hands or earn a set amount of player points before you can withdraw funds.
Sites will generally offer both a match bonus and a reload bonus to their players. A match bonus is when a site will match your first deposit up to a certain amount. This type of bonus is also referred to as a deposit bonus or first depositor’s bonus. Most sites will match 100% up to a set maximum. A reload bonus is similar in format but usually only offered to players who have already made a deposit in the past. Both of these bonuses will require that you play a set number of hands before the bonus money is released for withdrawal.
A couple of other bonuses offered by some sites are a no deposit bonus and a mobile poker bonus. The most common form of no deposit bonus is the new account signup bonus but some sites will offer similar bonuses for existing customers. These deals require the player to enter a special code to receive the free funds. Note that these bonuses require that you wager the entire amount of the bonus a set number of times, typically 20 times.
A mobile poker bonus is reserved for customers that play on mobile devices such as smartphones and tablets. They range from no deposit bonuses to reload bonuses but are available only for those playing on mobile devices.
Claiming an online poker bonus is easy. Most require that you enter a special code when you signup for an account or make a deposit. Others will require you to opt-in for the bonus through a special link provided.
Online poker bonuses serve two main purposes. First, they draw in new customers for online poker sites. Many of these customers will make a deposit and continue playing on the site for an extended period of time.
For players, these bonuses allow you a chance to build a bankroll with a minimal investment. There have been some players that have been able to take their initial signup bonuses and grow them into a viable bankroll without making a deposit. Others have taken their initial deposit plus their bonus money and gone on to make significant money in online poker without ever having to deposit again.
Best Online Poker Bonus Sites in Canada
Our site reviews several of the top online poker sites in Canada and each offers some of the bonuses we’ve mentioned above. Depending on your needs, you will want to shop around and check out each site to see how far you can stretch your online poker dollar. Read the details on each offer to make sure you understand the terms and can meet the requirements.
PartyPoker offers a bit of a hybrid bonus that part signup bonus and part deposit bonus. For players that signup for a new account and make their first deposit, PartyPoker will give you $20 in free cash to play online. These funds are credited in increments of $10 for cash games and $10 for tournaments.
PokerStars and Full Tilt both offer a deposit bonus for first time players. Make your first deposit and they will match it 100% up to $600. Full Tilt gives you an added benefit with their Welcome Freerolls. After your first deposit you can play in daily Welcome Freerolls for 30 days. These events award Ring Game and Tournament tickets.
Iron Poker offers a solid Welcome Bonus package to their players that starts with a 200% match up to $2,000. In addition, players get tickets to $10,000 worth of monthly freerolls and an option to earn unlimited rakeback.
If you’re looking for a no deposit poker bonus, head to 888 Poker. The 888 poker no deposit bonus is the best in the industry – They offer $88 free with no deposit required! You won’t find a better deal ANYWHERE.
Please note that promotions can be added or changed at any time. For the most up to date promotions, bookmark this page and check back before your signup.