Full Tilt Bonus Comparison
Online poker sign-up bonuses are often intentionally misleading. For example, William Hill's 200% bonus up to $2,000 makes Full Tilt's $600 bonus code seem paltry by comparison. However, there are many factors that must be considered when reviewing bonus offers:
|Total Sign-Up Bonus Value|
|Full Tilt /
- Rakeback: Online poker sites rarely refer to their initial deposit bonus as a rakeback reward. However, most sign-up bonuses require you to generate a certain amount of rake to unlock a bonus payment. For example, if you need to generate $36 in rake or fees with Full Tilt to release $10 of your sign-up bonus, which is 28% rakeback.
- Bonus increment: Bonus increments are often overlooked when reviewing sign-up bonus offers. You want your bonus increment to be as small as possible, especially if you are not going to earn very much of the total bonus. Full Tilt pays their bonus in $10 increments. If you generate $70 in rake, then you will only get $10, dropping your effective rakeback from 28% to 14%. If the bonus increment was $5 (for every $18), you would receive $15 (21%), and you had a $1 increment (for every $3.60), you would earn $19 (27% rakeback). Some sign-up bonus offers are "all or nothing", and plenty of players get enticed by the potential rewards only to end up receiving nothing!
- Time to clear: Since you are looking to maximize total cash received, the time to clear is an incredibly important factor. A sign-up bonus that offers 25% rakeback over 3 months will give more total rewards than a sign-up bonus offering 50% rakeback, but with just 1 month to clear!
- Maximum reward: Although this is the number that is most prominently advertised, for the vast majority of players it is the least significant! If you are generating $100/month in rake, then a $5,000 sign-up bonus is no more meaningful than a $300 sign-up bonus. And if the rakeback, bonus increments, and/or time to clear conditions on the $5,000 bonus are worse, you will earn far more from the $300 bonus!
When we compare the two Full Tilt Bonus Code options to other initial deposit bonus offers from other online poker sites, we see just how deceptively good this offer is.
Although the €1,500 sign-up bonus from Winner Poker looks a lot juicier, it is earned at a much lower rakeback percentage (18%) for a shorter period of time (90 days). However, if you generate between $12,000 and $160,000/year in rake, Winner Poker has the best sign-up bonus for you!
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The $2,000 William Hill sign-up bonus offer looks even better, but it has even worse rakeback (9-13%), and an even shorter time to clear (45 days). As a result, unless you are generating at least $180,000/year in rake, then there are far better sign-up bonus offers available. Even if you are generating this much rake annually, $2,000 is fairly insignificant. That is, you should be deciding which site to join based on their loyalty rewards, not on their sign-up bonus offer!
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