No deposit offers are just one sort of bonus offer available to online poker players. People looking to gamble it up online – especially new players – have a bevy of options at their disposal. Understanding how to evaluate these offers is key to getting the maximum value as an online poker player.
The first factor to consider is the quality of the room offering the bonus. I’d personally take a small bonus at the best poker sites as opposed to a huge bonus at the unproven sites, simply because a bonus isn’t worth much if you don’t want to play at the room to claim it. A lot of new players get caught up looking at the absolute numbers of bonuses and ignore this critical factor, leaving them with huge bonuses that are likely to be abandoned.
Another key factor is what the online poker industry refers to as clearance rates. Rooms don’t just hand you the bonus they offer when you sign up. Instead, the standard setup requires players to “clear” their bonus by playing some amount of poker at the room. This arrangement protects the rooms from fraud and encourages players to actually patronize the room, but it also creates an issue for the player: Not all rooms clear bonuses at the same rate. With a little digging into the fine print of the bonus offer and a basic calculator (or even the good old pen and paper), you can usually tease out the clearance rate of a bonus easily enough.
One last factor I’d encourage you to consider is the supplemental programs rooms offer for promotions and bonuses. To be more clear: Some rooms offer huge bonuses up front, but provide you with little in rewards on the back end. Some rooms might have smaller upfront bonuses, but really kick in serious value once you’ve played at the room for awhile. Depending on the amount of volume you’re looking to put in, the rooms with the greater delayed bonus can provide a much greater overall value than the rooms with the big bonus at the start.
Bonus hunting is a critical part of playing profitable online poker. Without bonuses, even solid players have a tough time showing a long-term profit, simply due to the cost of the rake. Taking some time to evaluate those bonuses and promotions can make a huge (and positive) difference to your won-loss number at the end of the day, so take the time and realize the rewards.