Updated on February 26, 2018
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.
- Most New Jersey online poker rooms have a deposit bonus that matches 100% of your first deposit up to a certain limit. This varies from $400 up to $1500 depending on the site. In total, there are thousands of dollars in free deposit match bonuses available at the 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||$26.67||50%|
|WSOP NJ||$400||staggered release schedule||60 days||$33.33||20%|
|888 NJ||$1500||$10 steps||90 days||$83.33||20%|
Party’s deal is among the biggest at $1000 and is one of the fastest to clear, with a generous 60 day to clear it.* You’ll also hit a high VIP tier during the bonus clearing, giving you extra rakeback.
Note that the bonus is released in 10 separate chunks, which means if you deposit $1000 for the maximum bonus, a portion will 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.
As you clear the bonus, you will also climb the VIP tiers, which could be worth 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 make progress climbing the VIP tiers, which is worth extra 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 WSOP match bonus clears using a staggered release schedule. The first $10 will be released in $1 chunks, the second $40 will be released in $5 chunks and the last $350 will be released in $10.00 chunks.
While you are clearing the bonus, you’ll earn extra rewards through their VIP/loyalty program.
888 New Jersey: 90 Days to clear a big bonus
On the face of it the 888 bonus looks great, with up to $1500 matched on your first deposit.
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.