There are a lot of options for consumers when it comes to playing online poker, so poker sites do as much as possible to stand out from the others. Frequently used promotions are welcome bonuses and rakeback, and players stand to earn a lot of money by choosing a room with good bonuses and high rakeback. It is common for a poker site to advertise a VIP/rewards program in place of rakeback, and Bodog is one of these sites as they do not allow a standard Bodog rakeback. Such rewards programs can duplicate or even exceed the benefits of rakeback programs.
The Bodog Poker bonus allows you to earn a bonus of up to 110%. If you decide to take the plunge and make a deposit, you instantly get a 10% bonus (maximum $100). Depositing $1,000 would cause you to instantly receive the maximum deposit bonus of $100.
But that’s not all. You then have the following 60 days to earn as many Bodog Poker Points as possible to earn more bonuses! Your first extra bonus starts at 100 points, and the bonuses continue on from there. Here is a chart to show you the bonus schedule:
Poker Points Bonus Issued
So you can add an extra $1,000 in deposit bonuses! The Bodog bonus is pretty awesome. Keep in mind that while you can use your 10% deposit immediately to play real money games on Bodog, it must be “cleared” before you can cash it out. In other words, you must make three Bodog Poker Points per dollar of your bonus if you would like to cash it out. The good news is that the extra bonuses acquired with Poker Points can be cashed out right away.
As stated earlier, the Bodog poker download offers a rewards/VIP program to replace a Bodog rakeback program. You earn Bodog Poker Points every time you play real money poker, and then you can exchange the points for bonus money. Joining the site automatically enrolls you in this program. Creating a new Bodog screen name actually earns you 50 points right away.
To earn lots of points, spend lots of time at the tables. If you play cash games, every time you contribute to a raked pot, you earn points.
$0.01 – $0.04 0.05
$0.05 – $0.24 0.10
$0.25 – $0.49 0.25
$0.50 – $0.99 0.50
$1.00 – $3.00 1.00
Bodog cash games take 5% of the pot as rake up to a maximum amount depending on the table stakes.
To figure out the number of points earned in tournaments, multiply the tournament fees by 3. For example, playing a $30+$3 MTT would net you 9 points.
You can even sit at the tables and do nothing because you receive one point for each hour played in tournaments or ring games. Players can earn a maximum of 500 points each month in this fashion. Be aware that you cannot earn these points if you are playing with fake money, in a freeroll, or if you are sitting out.
Converting a bunch of points to cash is a simple process. Simply select the “Account” tab in the lobby and then pick “Points to Cash”. Choose to convert at least 500 points and then click “Convert” to trade it for money. The trade-in rate is 100 points for a dollar, and you can convert up to 25,000 points for $250 every 30 days.
Keep in mind that you receive this cash as a bonus. Similar to the 10% initial deposit bonus, it must be rolled over before being withdrawn. This means you are required to obtain three Bodog Poker Points for every bonus dollar.
If you are a frequent player on Bodog, you have the chance to earn additional bonus points. Earning 2,000 or more points in one month will cause the site to multiply your obtained points by 2. This cuts the playing time required for a maximum $250 bonus in half!
In some ways the Bodog rewards program is even better than Bodog rakeback. This is because rakeback programs require a rakeback affiliate, a third party that is responsible for paying you your rakeback. It is easy to imagine why it might be easier to cut the third party out: no risk of having the rakeback affiliate disappearing, and no disputes about payments.
Many people claim that rakeback sites are always the best way to go, but these views are close minded. The Bodog rewards program lets its players earn thousands of dollars per year, and players are even making money by just letting the hours pass by at the tables. Is there another VIP program out there that pays their players by the hour? This feature is unique to Bodog, so make a deposit and start earning those bonuses!