Deposit bonuses are where an online poker room gives you a bonus the same size as your first real money deposit. That bonus sits in a special “bonus” account and cannot immediately be used to play in the games. Instead it is “released” into your main account as you complete a wagering requirement. The more you play, the bonus money you release. Money released to your account can be used to play with, and can be cashed out.
- Every New Jersey poker room has a deposit bonus that matches 100% of your first deposit up to a certain limit. This varies from $400 up to $1000 depending on the site. In total there is close to $3000 in free deposit match bonuses from the four New Jersey sites.
- Each site has its own bonus terms, and while the largest bonus may be the most appealing, understanding how long it takes to clear (and how the bonus is released) is just as important.
- Deposit match bonuses can and should be combined with no deposit bonuses to maximize your free money.
Offers At a Glance
|Site||Amount Free||Paid Out In||Time to clear||Rake/day||Rakeback|
|partypoker NJ||$1000||10 parts||60 days||$33.33||50%|
|Borgata||$600||10 parts||45 days||$26.26||50%|
|WSOP NJ||$400||$10 steps||60 days||$33.33||20%|
|888 NJ||$888||$10 steps||90 days||$49.33||20%|
Partypoker NJ: The biggest new deposit bonus in New Jersey
Party’s deal is the biggest at $1000, it is among the fastest to clear, and you are given a generous 60 day to clear it. You’ll also hit a high VIP tier during the bonus clearing, giving you an extra 10% rakeback.
The downside is that the bonus is released in only 10 separate chunks, which means if you deposit $1000 for the maximum bonus, it will only be released every $100. If you Think you will not have enough time to clear the bonus, then you should not deposit the full $1000—you run the risk of only getting part way through a $100 “chunk” and not releasing it.
Note that as you clear the bonus, you will also hit the Palladium VIP tier, which requires only 1000 points a month. This is worth 10% extra rakeback in the form of cash bonuses—even more if you buy tournament tickets.
If you don’t think you can rake that much, deposit a lesser amount. For example, a $100 first deposit means you only need to rake $3.33 a day over 60 days, and it releases in $10 chunks so you get the bonus more frequently.
Borgata Poker: The easiest bonus to clear
Borgata works very similarly to partypoker: It clears in 10 parts and it clears at the same rate—so you get the equivalent of 50% rakeback while clearing the bonus.
However, the maximum bonus is $600, and you only have 45 days to clear it.
As you clear the bonus, you will make Silver VIP tier, which is worth an extra 8% rakeback. If you think you can do the whole 2400 points in a month, go that bit extra and generate 2500 points—this gets you Black Label and 11% rakeback.
WSOP New Jersey: 60 days to clear a $400 bonus
WSOP matches up to $400 of your first deposit. And though the wagering requirement is a bit on the high side, you are given a generous 60 days to clear it.
The other advantage of the WSOP match bonus is that it clears every $10, so there’s no downside to depositing the full amount even if you’re not sure you’ll clear all the bonus. The bonus will release steadily and you won’t get stuck half way through a big “chunk” of bonus as the 60-day deadline approaches.
During this time you’ll reach Platinum VIP tier (1200 points in a month), which gives you an extra 6% back. If you can do 2400 points in a month, you’ll reach Platinum+, worth 7% extra. If you can clear the whole bonus in one month, you’ll get Diamond and 8%.
888 New Jersey: 90 Days to clear a big bonus
On the face of it the 888 bonus looks great, with up to $888 matched on your first deposit. It is almost as large as partypoker, it also releases every $10, and you get a full 90 days to clear it—the most generous period in New Jersey.
The downside is the clearance rate—it works out at only 20% rakeback, and maxing out the bonus means a lot of playing every day—for a very long time.
However, presuming you do at least 3000 points in one month (pretty much assured), you’ll hit Silver tier. Once you reach Silver tier, you get 15% in cash back, so during month 2 and 3 you’ll be earning that on top of the 20% rakeback from the bonus.