2009-03-08 18:46:44
The Party Poker Bonus Offer - How Does It Work?
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Party Poker now offers one of the most aggressive initial sign-up bonus offers in the industry, but it wasn't always like that.
The upper management at Party Poker realized that their old bonus offer (30% up to $150) was inferior compared to the competition. For instance, Full Tilt Poker offers a 100% deposit bonus of up to $600 for new customers.
Anyways, one of the first changes that the new Partygaming CEO made was instituting the brand-new "Super Sign-up" bonus at Party Poker.
This is a 100% deposit bonus of up to $500 that is available to new customers.
How exactly does this bonus offer work?
Before we get into that, let's first discuss how a person qualifies for this offer.
During the sign-up process, you will be prompted for a "Party Poker bonus code".
Simply enter KINGBONUS and you will qualify for the 100% deposit bonus, rather than the inferior older offers. You MUST enter the code at this stage - you will not have an opportunity to enter it at a later time.
Now that you have qualified for the bonus - how exactly does it work?
First off, this is a matching bonus offer from Party Poker.
This means that Party Poker will match the size of your INITIAL deposit on the site with a bonus of up to $500.
So, if you choose to deposit $100 initially, then you would be eligible for a bonus of $100.
If you deposit anything over $500 (and including $500), then you would be eligible for a bonus offer of $500.
Keep in mind that any subsequent deposits on the site have no effect on the size of your bonus offer, so please keep that in mind.
Now - how do you earn your bonus?
Bonuses are earned through participation in real-money cash game tables, MTTs and SNGs.
For every 5 Party Points that you earn, $1 in bonus money will be unlocked.
Party Poker will release your bonus in increments of 20% - so, if you are eligible for a bonus of $100, then you would receive your bonus in $20 chunks, or anytime you earn an additional 100 Party Points.
Party Points are earned by playing at real-money cash game tables, SNGs and MTTs.
Party Poker gives its players up to 3 months to fully earn the bonus. After the three month period has expired, any unearned bonus money will be forfeited. The bonus period starts at the time of a player's first deposit on the site.
Three months is usually more than enough time for even a weekend player to earn their bonus. There is no limit to how many tables you can play at a time in order to burn through your bonus.
Any bonus money is yours to do with whatever you please after you earn it - you can withdraw it or put it to work at the tables.
You need to take advantage of this lucrative offer at Party Poker. Even if you don't plan on becoming a long-term customer of the site, you can still take advantage of the offer and earn some free money for the bankroll.
Best of luck at the tables!
Filed under: Party Poker Bonus Promotions
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