888 Poker NJ bonuses
The latest 888poker.com coupon codes at CouponFollow. 'Play online poker at 888poker, voted best online poker room and most trusted poker site 2011-2012. Get a Huge FREE Poker Bonus - No deposit needed' Visit 888poker.com. 888 has a cool WSOP promo. Deposit $25 at 888poker as your 2nd or later deposit using code.
The following welcome packages are available to new 888 Poker players:
$20 no-deposit bonus
This NJ online gambling bonus will be credited to your account as soon as it gets verified. Keep in mind that only $10 can be used for poker – the remaining money has to be wagered on casino games.
Of the $10 that’s available for poker, $4 can be used on cash games, and $6 will be awarded in the form of six tournament tickets.
Both the cash and tournament tickets will expire after seven days.
Winnings generated from playing the bonus can be cashed out immediately, but the promotional money itself has to be cleared by accumulating 3 Status Points per dollar. Status Points are earned at a rate of 1 point per $0.50 paid in rake or tournament fees, so clearing the entire amount costs $6. This means that the cash bonus corresponds to 66 percent in rakeback.
Please note that while this bonus allows you to claim free money, it does not compare favorably with similar bonuses offered by other NJ-facing sites. For example, Borgata gives you $20 for poker play exclusively.
888 Poker NJ matched deposit bonus
Deposit $10 or more to have your payment matched with a bonus, 100% up to $1,500. For example, if you deposit $100, you will receive $100 – but if you transfer $1,600, your bonus will be capped at 100% up to $1,500.
In terms of sheer size, this bonus is more in line with what’s available on NJ-facing casino sites and significantly outdoes anything offered by competing poker rooms.
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Unlike the no-deposit money, this bonus won’t be credited to your account instantly. Rather, it will be released in $10 chunks, at a rate of 100 Bonus Points per chunk. Bonus Points are awarded at a rate of one point per $0.50 paid in rake or tournament fees.
Basically, as a new 888 customer, you get $1 for every $5 spent on the site, which means that the bonus has a value equal to a short-term 20 percent rakeback deal.
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Consequently, while this bonus is the largest available in absolute terms, small-time depositors will get a better bang for their buck through PokerStars, where the first deposit bonus is equivalent to a whopping 55 percent rakeback.