I am going to tell you how you can make money playing online poker, but before you continue reading, I assume that you have a basic understanding of Texas Hold Em poker. The purpose of this article is to show you how to build an poker bankroll for free. This information relies on first time poker bonus offers and reload bonuses.
But let me explain first how these poker sites make a profit from hosting virtual poker tables. Poker sites make money by taking a small percentage out of each poker pot. This is called the rake. The amount of rake taken varies from site to site. Most sites take approximately fifty cents out of every pot that reaches five dollars in size.
The poker rooms do not care who wins or loses… they are interested in having lots of players who will generate pots over five dollars. More players equal more profits. It is that simple. So how do these poker sites attract and entice new players?
They do this by offering a welcome bonus to new players. The purpose of the bonus offers are to provide new players with the opportunity to get a feel for the games, while playing for real money without too much initial risk.
Of course, these bonuses come with terms and conditions. You need to play a certain amount of raked pots before the bonus cash can be withdrawn.
For example: you sign up for a $100 bankroll.
The poker room offers a 20% first time depositor bonus. The release requirement states you must play five times the amount of the bonus in raked hands.
A $100.00 deposit X 20% = $20 worth of bonus if you qualify for as a first time depositor.
$20 bonus X 5 = 100 raked hands.
So, once you have finished playing 100 raked hands, the site will deposit 20 dollars in your account just for playing poker.
You can always withdraw your initial deposit before you finish the 100 raked hands, but if you do this, you will not get your bonus. Currently, there are hundreds of online poker sites available to play almost every type of poker imaginable. Go hunting for the best offers.
Good luck.
Want to learn the basics to become a winning poker player? And at the same time find out how and where to get free money to Play Poker online? Download my 2 poker Ebooks for free here: http://www.free-poker-ebooks.com
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