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Todays Texas Hold Em Article
Utilizing Promotions
We decided to outline a few of the poker promotions that often go overlooked by beginning poker players. Although some promotions are indeed too good to be true, if you go in with your eyes open it can be a great way to get more for your poker dollar. Lets start with deposit bonuses and freerolls.
Utilizing Promotions
Poker rooms often have promotions to increase traffic to their poker room. The most common type is a cash bonus, but there are other promotions poker rooms offer as well. It is sometimes difficult to discern the quality of the promotion, and many are just gimmicks that entice players to pay extra rake. This article will go over the common types of promotions, and how to evaluate and utilize these promotions.
Deposit Bonuses
Almost all online poker rooms offer deposit bonuses to their players. There are two types of deposit bonuses: signup bonuses and reload bonuses.
A signup bonus is a bonus for a new player at the poker room that makes his or her first deposit. The poker room's goal with the signup bonus is to entice new customers to try out their poker room.A reload bonus is intended for existing players at the poker room.
The poker room's aim is to keep its existing players loyal, or to encourage its dormant players to come back to the poker room. Certain poker sites, such as Party Poker, have reload bonuses monthly, whereas other poker rooms have deposit bonuses intermittently, such as Poker Room.
The quality of a bonus is judged primarily by three factors. The first is the maximum amount of the bonus. Obviously, the more money you can get the better. The second factor is how much money you need to deposit to get the bonus. For example, if you can only deposit $100, a 100% up to $100 is preferable to a 25% up to $100 bonus. In this case, you are able to max out the first bonus, but you are only able to receive $25 from the second bonus.
The third factor is how quickly the bonus clears. Even if you are awarded a $1,000 bonus, the bonus is useless if it takes 1 million hands to clear that bonus. The quicker and easier that you can work off your bonus, the sooner you will receive your extra money. Our bonus reviews give approximations as to how quickly one can expect to clear the varying signup bonuses at several online poker rooms.
Freerolls
A very common promotional method is the freeroll. For this type of tournament, there is no buy-in or entry fee. The poker room simply puts up a certain amount of money, and the invited players compete for it.
The quality of the freeroll is judged by how much of an overlay there is. Essentially, this means how much money the poker room is putting up per player. For example, if there is a $5,000 freeroll and 500 players enter, the overlay is $10. Assuming a player is of average skill, the EV of this freeroll is +$10.
Some freerolls are not truly "free"; poker rooms often limit freerolls to their more active players that play a lot of raked hands at the poker room. If someone was going to play this amount of poker at that poker room anyway, then this is not a big deal.
However, qualifying for this type of freeroll might mean playing at this poker room instead of at a different poker room. For example, you may choose to play a lot at a certain poker room in order to qualify for a freeroll but at the cost of not having the time to work off a bonus at another site. In this case, one would have to take into account the quality of the freeroll compared to the quality of the other bonus when making a decision of where to play.
Source: http://www.pokertips.org/strategy/utilizing-promotions.php (abbreviated)
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Todays Texas Hold Em Article
Utilizing Promotions
We decided to outline a few of the poker promotions that often go overlooked by beginning poker players. Although some promotions are indeed too good to be true, if you go in with your eyes open it can be a great way to get more for your poker dollar. Lets start with deposit bonuses and freerolls.
Utilizing Promotions
Poker rooms often have promotions to increase traffic to their poker room. The most common type is a cash bonus, but there are other promotions poker rooms offer as well. It is sometimes difficult to discern the quality of the promotion, and many are just gimmicks that entice players to pay extra rake. This article will go over the common types of promotions, and how to evaluate and utilize these promotions.
Deposit Bonuses
Almost all online poker rooms offer deposit bonuses to their players. There are two types of deposit bonuses: signup bonuses and reload bonuses.
A signup bonus is a bonus for a new player at the poker room that makes his or her first deposit. The poker room's goal with the signup bonus is to entice new customers to try out their poker room.A reload bonus is intended for existing players at the poker room.
The poker room's aim is to keep its existing players loyal, or to encourage its dormant players to come back to the poker room. Certain poker sites, such as Party Poker, have reload bonuses monthly, whereas other poker rooms have deposit bonuses intermittently, such as Poker Room.
The quality of a bonus is judged primarily by three factors. The first is the maximum amount of the bonus. Obviously, the more money you can get the better. The second factor is how much money you need to deposit to get the bonus. For example, if you can only deposit $100, a 100% up to $100 is preferable to a 25% up to $100 bonus. In this case, you are able to max out the first bonus, but you are only able to receive $25 from the second bonus.
The third factor is how quickly the bonus clears. Even if you are awarded a $1,000 bonus, the bonus is useless if it takes 1 million hands to clear that bonus. The quicker and easier that you can work off your bonus, the sooner you will receive your extra money. Our bonus reviews give approximations as to how quickly one can expect to clear the varying signup bonuses at several online poker rooms.
Freerolls
A very common promotional method is the freeroll. For this type of tournament, there is no buy-in or entry fee. The poker room simply puts up a certain amount of money, and the invited players compete for it.
The quality of the freeroll is judged by how much of an overlay there is. Essentially, this means how much money the poker room is putting up per player. For example, if there is a $5,000 freeroll and 500 players enter, the overlay is $10. Assuming a player is of average skill, the EV of this freeroll is +$10.
Some freerolls are not truly "free"; poker rooms often limit freerolls to their more active players that play a lot of raked hands at the poker room. If someone was going to play this amount of poker at that poker room anyway, then this is not a big deal.
However, qualifying for this type of freeroll might mean playing at this poker room instead of at a different poker room. For example, you may choose to play a lot at a certain poker room in order to qualify for a freeroll but at the cost of not having the time to work off a bonus at another site. In this case, one would have to take into account the quality of the freeroll compared to the quality of the other bonus when making a decision of where to play.
Source: http://www.pokertips.org/strategy/utilizing-promotions.php (abbreviated)
Latest Texas Hold Em News:
2008 WSOP Event #35 $1,500 Seven-Card Stud Day 1: Pappas, Barbieri Chase Ebeling
Thu, 19 Jun 2008 16:30:00 -0700
With so much star power in the field, it was a lesser-known German player who led Event #35, $1,500 Seven-Card Stud at the end of Day 1. A field of 381 poker players was winnowed down to 71 after eight levels of play, with Leonardo Ebeling...
2008 WSOP Event #34 $1,500 PLO w/ Rebuys Day 1: Vizza Leads, Money Bubble Looms
Thu, 19 Jun 2008 13:26:00 -0700
320 of the wildest poker players in the world buckled in for a bumpy ride in Event #34, $1,500 Pot-Limit Omaha w/ Rebuys. The nature of pot-limit Omaha created plenty of action, and the unlimited rebuys available for the first...
2008 WSOP Event #32, $1,500 No-Limit Hold'em Day 2: Velador Surges into Lead
Thu, 19 Jun 2008 13:01:00 -0700
This was a day of upheaval in Event #32, $1,500 No-Limit Hold'em. Only one of the nine who would make the final table had been in the top ten in chips going into Day 2. Jose Luis Velador, the dominating chip leader going into...
Women's Poker Spotlight: WSOP Profile – Anna Wroblewski
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Play Better Poker
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Labels: winning poker | online poker tips | online poker strategies
posted by Crab Daddy at 11:14 PM
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