888poker Bonus und Bonus Codes
The 888poker deposit bonus is decent. No bonus code is needed, new players receive up to $400, have 90 days to clear the bonus and the bonus releases in steps of $10 per $50 rake paid (with an effective rakeback of 20%). The amount is on the lower end compared to most other competitors, but the 3-month time frame makes it easier to clear the entire bonus.
About the $88 free bonus on 888poker
Some notes about the $88 free without deposit bonus that 888poker used to advertise heavily over many years and that almost all affiliate sites still promote prominently.
This $88 free bonus is highly unrealistic.
Technically yes, new players can receive up to $88 without having to deposit a single penny. But the terms and conditions attached to this bonus make this an extremely difficult endeavor. Only the first $8 of the bonus are actually free. They’re credited over seven days as 14 $0.50 tourney tickets plus $1 in cash. The remaining bonus is released in steps of $8 per $125 rake paid. This is a ridiculous requirement. Given that players trying to build up a bankroll from nothing will start playing micro stakes, they will needs weeks, probably months to accumulate this amount of rake.
There’s also a catch to the initial $8 of this free bonus. Any amount won using this bonus can only be withdrawn after the player has generated at least $10 in rake.
888poker Rake and Tournament Fees
In the past the rake at 888poker has always been slightly higher than at most other sites. 888 charges 5% percent rake for cash games (a bit more at the micro stakes) and the rake is capped at $4 across almost all stakes except heads up (where it’s only $1). For most other poker sites it used to be common standard to cap the rake at $3 across all limits and the one dollar higher cap at 888 was very significant for everyone playing NL25 or higher.
Tournaments are taxed at roughly 10% fee taken from the buy-in – more or less the same rate as all other poker sites have as well.
While 10 years ago this cash game rake model would have been unusually expensive, nowadays more and more operators have decided to run with an even more expensive rake scheme (either to fend off professional grinders or simply because they can get away with overpricing their product).
Meaning: our 888 rake rating has to be “decent” – at least compared to the competition.