The Ladbrokes Poker bonus has recently undergone some improvements! You can now get a bonus up to £1200, plus access to a $100 monthly freeroll when you use the Ladbrokes Promo Code: BONUSBETS.
Ladbrokes Free Sports Bet
If you’re looking for the Ladbrokes Sports Promo Code, you can register with the same Promo Code 20FREE and then visit the Free Bets section on Ladbrokes and redeem the offer code “20FREE” to get free bets worth up to £20!
Click here to read more about this Ladbrokes promo code for the free sports bet.
Ladbrokes Poker Welcome Bonus Explained
$100 of free tournament prize money is offered up every month, plus the maximum welcome bonus of £1200 is offered by Ladbrokes Poker when registering your account with the promo code BONUSBETS!
So why sign up to Ladbrokes? Well, for one, Ladbrokes has been taking bets since the 1800’s. Not kidding.
Today, they are slightly more cutting edge – and a major force on the Internet with fantastic products. Ladbrokes Poker is a solid poker room and their welcome bonus provides serious value with a 200% match bonus.
Try to find a match bonus larger than that!
For most welcome bonuses, the poker site just matches your bonus – a 100% bonus is typical. But Ladbrokes Poker goes nuts with an incredible 200% deposit match, so deposit £600 and receive the maximum bonus of £1200! Or deposit as little as £5/€10!
Note that Ladbrokes does not provide the bonus all at once. Instead, they award it in five increments. In the case of the £1200 bonus, the five increments will be £240 each. The wagering requirement is 48 poker points per £1. With a £1200 bonus, Ladbrokes would award £240 each time the player reaches 11,520 poker points.
Players have 60 days from the date of their first poker chip purchase or transfer to poker to earn their points and release all 5 increments.
Ladbrokes splits the bonus into five payments, and they pay out each increment as the player reaches 20% of the total required poker points. When a player hits a 20% increment, Ladbrokes deposits that portion of the bonus within three working days. Once deposited, the player can do with it as they see fit!
The great benefit of the Ladbrokes welcome bonus, compared to most welcome bonuses, is that the player can claim a lot of bonus money with very little investment.
So the key to claiming the bonus is accruing Ladbrokes poker points, and there are two ways to earn points: Ladbrokes awards 10 poker points for every $1 the player contribute to the rake in cash games, and they award 10 poker points for every $1 in tournament fees, including for sit and go’s, that the player pays. All points “used” to clear the bonus money are still available for spending at Ladbrokes rewards store!
In terms of clearing the bonus for a tournament player, to clear the entire £1200, the player must spend £3,840 in tournament fees.
This bonus ratio is about average, on par with the other big online poker rooms. It’s actually better than Bet365 Poker but worse than William Hill Poker.
But what really makes the Ladbrokes Poker bonus worthwhile is the 200% match. Because of this ratio of 3.2 to 1, you are effectively getting a 31.25% rakeback. Rakeback means you are getting a refund on the rake/fees you’ve paid.
A 31.25% rakeback program is excellent and you will be getting it for a long time since you can earn a total of £1200.
If you join Ladbrokes, be sure to cash in on your free sports bet! Read about the Ladbrokes free bet offer here!
Ladbrokes also offers a live casino where you can play casino games with real dealers via live video and audio streaming! Read more about the Ladbrokes live dealer casino here.
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