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Poker War
Joined: 26 May 2008
Posts: 8
Location: Seward, AK
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 Posted: Tue Jun 03, 2008 3:38 am Post subject: How to get the most from internet poker rooms? |
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I want to make all the money I can with all the ways possible.
I'm taking sign up bonuses rake back and other stuff like that.
Now most sites deduct rake back from deposit bonuses, What sites don’t do this? Now I'm going to be getting a deposit bonus, clearing it and then moving on to another site. So obviously rake back does nothing for me if its going to be deducting my bonus. Now I have seen some sites that say stuff like: use this code when sighing up with Full Tilt and you can get a $600 deposit bonus. I've gone straight to the Full Tilt home page and they have same offer there, So what are these other sites trying to pull? obviously there just trying to get commissions off people but they don’t offer anything that I could have already got. Or do they, is there a sign up bonus and a deposit bonus? How many different bonuses can i get when first signing up with a poker room? I don’t care about gifts that some sites offer. I want to maximizes the money I can Make. So what poker affiliate sites offer the best things? If there are sites out there that do offer rake back with out it deducting my bonus then i want to know about it.
Also I have already signed up with Stars, Bodog and Doyles poker room and I have a big enough bank roll to do what ever.
So is it best to sign up with a poker room get the bonus and rake back thats not deducted, or is there some better way to make more money? |
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Bullajami
Uber Squid
Joined: 03 Sep 2004
Posts: 8838
Location: Mrs. Bull's Doghouse
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| Posted: Tue Jun 03, 2008 4:41 am Post subject: Re: How to get the most from internet poker rooms? |
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| Poker War wrote: | I want to make all the money I can with all the ways possible.
I'm taking sign up bonuses rake back and other stuff like that.
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Welcome to my world, friend. 
| Poker War wrote: |
Now most sites deduct rake back from deposit bonuses, What sites don’t do this? |
I need to correct you here: most sites deduct bonus, whether first deposit or reload, from rakeback. It may seem like splitting hairs, but if your goal is to squeeze every nickel that you can out of online poker (which essentially means paying as little as possible to play) then it's necessary to split the hairs.
| Poker War wrote: |
Now I have seen some sites that say stuff like: use this code when sighing up with Full Tilt and you can get a $600 deposit bonus. I've gone straight to the Full Tilt home page and they have same offer there, So what are these other sites trying to pull? obviously there just trying to get commissions off people but they don’t offer anything that I could have already got. |
Yes, it's a profit deal for sites (such as ITH) to advertise Full Tilt. Those sites, known as affiliates, are paid a commission for the depositing players they send to Full Tilt (or another site). That commission is paid in one of two ways:
A flat fee called "Cost Per Acquisition" (CPA) - the referring site gets a one-time payment for sending a depositing player.
Revenue Sharing (RevShare) - the referring site receives a percentage of the referred players generated rake for the lifetime of the account.
As an incentive to players to join poker sites via their own websites (such as through ITH) some affiliates will offer incentives, such as the ITH free gift offer. A few years ago some affiliates began offering to repay some of their RevShare with the player who generated that rake - they called it "rakeback", as they were paying some rake back to the players. This became very popular, because as you noted, many players would rather have cash than free books or DVDs.
Nearly all poker sites deduct the bonus they are paying to players from the rake that the player generates before calculating affiliate RevShare. When they do, the affiliate also deducts it from the rakeback. No affiliate is going to pay you part of the RevShare that he never received.
| Poker War wrote: |
Or do they, is there a sign up bonus and a deposit bonus? |
Technically there is a difference, but most affiliates don't recognize the difference anymore. Poker sites only offer one or the other, even if Full Tilt advertises a First-Deposit bonus and an affiliate advertises a sign-up bonus at Full Tilt. A sign-up bonus must be used within a certain time frame after sign-up, at Empire it was 30 days. If you had not depositied with-in 30 days, you could not get a bonus. A First deposit bonus has no time limit.
Again, it is rare to see a distinction made anymore, and the two phrases are used interchangeably.
| Poker War wrote: |
How many different bonuses can i get when first signing up with a poker room? I don’t care about gifts that some sites offer. I want to maximizes the money I can Make. |
Most poker sites will only give you one bonus at a time. You can sometimes stack bonuses, but can only clear one at a time.
You may be able to score affiliate incentives on top of that, as well.
| Poker War wrote: |
So what poker affiliate sites offer the best things? |
ITH is not in business to tell poker players who offers better deals than ITH.
I am no longer employed here, but I can still follow the rules - but I would tell you that it is no accident that I know a lot about the poker affiliate business. 
| Poker War wrote: |
If there are sites out there that do offer rake back with out it deducting my bonus then I want to know about it. |
Merge Gaming Network rooms are starting to offer 30% rakeback that does not deduct bonus. They will deduct alternate promotions, as we found out at my site. (One player received a one-off $25 bonus for reaching a certain FPP total in his first month of play, and it was deducted from the rake, and hence his rakeback.)
General rule of thumb: if the bonus is not deducted from rakeback, the bonus is probably one that is VERY SLOW to clear. The poker sites are good at math, and are not in business to lose money.
| Poker War wrote: |
Also I have already signed up with Stars, Bodog and Doyles poker room and I have a big enough bank roll to do what ever.
So is it best to sign up with a poker room get the bonus and rake back thats not deducted, or is there some better way to make more money? |
Every situation is different. You have to weigh each one separately and make your choice.
I would also add that if no one ever signs up via ITH, then it would cease to exist. If you learn how to play poker well by using this site, then that will be more profitable to you in the long run than any bonuses or rakeback. That might be something worth paying for.
Happy Chasing! |
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