There are a lot of options for consumers when it comes to playing online poker, so poker sites do as much as possible to stand out from the others. Deposit bonuses and rakeback are must-haves for an online poker room, and players stand to earn a lot of money by choosing a room with good bonuses and high rakeback. Some sites, such as Bodog, offer a rewards program in lieu of rakeback. These rewards programs have the ability to benefit players in ways similar to rakeback.
Let’s go over the Bodog deposit bonus first, which allows you to earn a bonus of up to 110%. When you make your first deposit, you instantly receive a 10% bonus up to $100. Depositing $1,000 would cause you to instantly receive the maximum deposit bonus of $100.
It doesn’t end there, though. You then have the next 60 days to earn as many Bodog Poker Points as possible to earn more bonuses! You earn an additional $10 once you have earned 100 points, and the bonuses continue on from there. Here is a chart to show you the bonus schedule:
|Poker Points||Bonus Issued|
This means that you can earn a total of $1,100 in deposit bonuses on Bodog! Keep in mind that while you can use your 10% deposit immediately to play real money games on Bodog, you must roll it over to withdraw it. This means that you must earn 3 Bodog Poker Points for every $1 of your bonus before it is eligible for withdrawal. The good news is that the extra bonuses earned with Poker Points do not require any additional rollover.
As stated earlier, Bodog offers a rewards program in place of rakeback. This program allows you to earn Bodog Poker Points from real money poker games, and then points can be converted into cash. Joining the site automatically enrolls you in this program. In fact, new players receive 50 free points upon creating a screen name.
You earn additional points based on the stakes you play and the amount of time you spend playing. In ring games, every time you contribute to a raked pot, you earn points.
|$0.01 – $0.04||0.05|
|$0.05 – $0.24||0.10|
|$0.25 – $0.49||0.25|
|$0.50 – $0.99||0.50|
|$1.00 – $3.00||1.00|
Bodog cash games take 5% of the pot as rake up to a maximum amount depending on the table stakes.
You earn three points for every $1.00 paid in tournament fees. For example, you would receive six points for playing a $20+$2 sit-and-go.
Even if you fold all your hands, you are still earning points because you receive one point for every hour that you are at the real money tables. You can earn up to 500 points per month this way. Please note that you are not eligible for these points if you are “sitting out” at the tables, and you cannot earn points in freerolls.
Once you have earned a bunch of points, converting them to cash is easy. Simply select the “Account” tab in the lobby and then click on “Points to Cash”. Enter an amount between 500 and 25,000 and then click “Convert” to receive your cash bonus. You receive $1 US for every 100 points, and you can convert up to 25,000 points for $250 every 30 days.
It should be noted that this cash is deposited into your account as a bonus. Just like with the 10% initial deposit bonus, you must clear it before being able to withdraw it. This means earning 3 Poker Points for every bonus dollar.
If you are a frequent player on Bodog, you have the chance to earn additional bonus points. Earning 2,000 or more points in one month will cause the site to double your rewards points. This will make it even easier to earn as much bonus cash as possible!
In some ways the Bodog rewards program is even better than Bodog rakeback. This is because rakeback programs require a rakeback affiliate, a third party that is responsible for paying you your rakeback. Cutting out the affiliate completely by receiving money directly from Bodog makes your life easier and prevents problems associated with a third party.
People always warn new poker players about signing up with poker sites lacking rakeback programs, but don’t be fooled. The Bodog rewards program allows dedicated players to earn plenty of bonus cash directly from Bodog every month, and players can earn Player Points by simply sitting in real money games. What other site out there pays you by the hour to play poker? Only Bodog, so get that initial deposit bonus and have fun earning those points!
Read more about the Bodog Poker download here!