An potentially profitable avenue to go down in relation to online poker is to take part in some bonus chasing, or bonus whoring as it is otherwise known. Anyone can do it but it is easier if you either usually play a lot of hands during the month or you play mid to high stakes, preferably fixed limit Hold’em.
Bonus chasing is exactly what it sounds like, signing up to a site, clearing the sign-up bonus and then moving to another site until the offer you a reload bonus to come back to the site. A sign-up bonus is one of the promotions online poker sites simply have to offer as a way to attract new customers to their site so there are quite literally hundreds to choose from.
Although there is a wide choice when it comes to sign-up bonuses, there is also a lot of differences in their terms and conditions that you need to be aware of. Nearly all bonuses have to be earned by playing a specific number of hands or generating an amount of rake which you are given points for and these points are exchanged for the bonus.
Some bonuses release in a lump sum, which is fine if you like the software and site or you expecting a significant amount like $500 or even $1,000. However, if you choose a site where the sin-up bonus releases in one lump sum make sure you work out if you will be able to clear the full amount at the stakes you play otherwise you may work hard for 90 days straight and not earn a penny in bonuses.
To prevent bonus chasers taking advantage of their sites, some of them add to the terms and conditions that a player is required to play either a certain number or games or wait a specific amount of time before they can withdraw the bonus to their e-wallet or bank account. Again, make sure you check the terms and conditions thoroughly otherwise you could be stuck on a site for several months when all you had planned to play was 30-60 days to clear the bonus.
Finally, you should never play more tables than your usually play or move up stakes just to clear a bonus. You should treat the bonus as exactly that, a bonus for your play. The last thing you want is to have to need to clear the entire bonus amount just to break even for your play as this would defeat the object of bonus chasing.