Is this bonus as great as it seems?

Prima skin: http://www.betwwts.com/doublesignup.asp

[playersare]

that's for the sportsbook. good, but 20%/5x(D+B) is standard for that industry.

[dgoldsmith]

Edit: If the bonus is only for their sportsbook, ignore the rest of this. On the web page with the bonus offer, it mentions playing poker so it might be clearable via poker. If so, read on:

Bonus funds, plus deposit amount must be rolled over at least five (5) times before bonus monies can be withdrawn

Let's see --- deposit $2500 to max the bonus to $500. Deposit plus bonus is $3000 times 5 means I would have to wager $15000 to clear the bonus.

So far in September and November, I've played about 25000 hands on Party skins, primarily NL $50 6-max. My playing style is TAG.

Using the Game Notes page in Poker Tracker, if the Net column is negative, that is exactly how much I wagered and lost on the hand and if the Net column is positive, that is a number larger than what I wagered (assuming there is usually more than 1 other player contributing to the pot).

If I add up all my losses, negate that number to make it positive and add all my net winnings, I get about $15000 for the 6 weeks.

Since the net winnings number is high, I most likely would not have yet cleared their wager requirements but even if I had, thats a $500 bonus.

Playing the skins and other sites, I cleared around $1200 in bonuses with these 15000 hands.

Actually, thats not quite accurate. I'm getting my numbers from my PT data on my laptop; I have more hands that are in PT on my desktop from the same 6 week period of time -- so I probably have 20000 - 25000 hands played during the 6 weeks -- so I probably would have met their wager requirements.

However, I still ended up clearing more than twice as much in bonuses from the other sites as I could have from here.

At my limits and with my playing style, say 25000 hands met their wager requirements -- that works out to be somewhere in the range of a 30x-40x raked hands requirement bonus.

25000 hands total / $500 = 50x total hands

If 60% were raked --> 30x raked hands
If 70% were raked --> 35x raked hands
If 75% were raked --> 37.5x raked hands

So I don't think this is a good bonus for low limit players.

Now, for a $3/6 limit or NL $200 player, it might be.

Dave