You see them promoted by every online poker site. Sites are offering bonus money to new players just for signing up. Some say 100% up to $1000 and other say 200% up to $500 just by providing poker bonus codes during registration. It can be a tough time deciding which poker room you should take advantage of by using this bonus. Lets say the bonus was 200% up to $600. If you deposited $200, your bonus would be $400, so you would have $600 to play with after you clear the bonus requirements.
Poker rooms offer bonus money through poker bonus codes as a way to attract new players and hope those players will continue to play at the site for a long time. Although they sound like a great deal upfront, remember that you have to play a certain amount of hands before you will every see your bonus money. Some sites have different amounts of requirements before claiming your bonus. You will see in the terms statements like: you must have x number of points or 100 raked hands for every dollar in bonus. By reading the rules carefully you can determine which site will be the fastest to claim the bonus money.
What is a raked hand? Raked hands are hands that you play while in a cash game. The poker rooms raked a certain percentage, about 3-5%, from the pots after each hand. This is how the poker sites can make some of their money back by providing the bonuses. You are essentially making them money in order to claim your bonus.