opening up a real money user account at Party Poker receive a 100% welcome bonus of up to $/£/€ 500 when they make their first initial deposit. It is not necessary to enter a
in order to receive the Party Poker bonus, simply make a deposit and participate in the real money poker games that are provided. The Party Poker bonus will be released into the player's account as Party Points are acquired in real money online cash games and tournaments.
Earning Party Points is as easy as entering the online poker games
, sit and gos, and multi-table tournaments that the player signed up to play in the first place. The number of Party Points players gain for their patronage is relative to the rake and entry fees paid in cash games and tournaments. Thus, the more one plays, the faster one accumulates Party Points. The number of Party Points required to release the Party Poker bonus will depend upon the currency used by the player.
Party Poker members who make their first deposit in US or Canadian dollars will be required to accumulate Party Points totaling six times the amount of the Party Poker bonus. Therefore, if a player in Canada signs up at Party Poker and deposits $50 into their account, they will clear the entire Party Poker bonus when they have acquired 300 Party Points playing cash games, sit and gos, or multi-table tournaments at Party Poker.
Euros and sterling require a different formula for determining the number of Party Points needed to release the Party Poker bonus. Players using euros will need to earn eight times the Party Poker bonus amount in Party Points, and sterling depositors will require nine times the Party Poker bonus amount.
Regardless of country or currency, all players are given 60 days, from the date of their first deposit, in which to clear the Party Poker bonus. Players will earn the Party Poker bonus in 10 chunks, the size of which will be relative to the amount of the Party Poker bonus. Thus, a full bonus of $/£/€ 500 would be released in increments of $/£/€ 10.
Two Party Points are awarded in cash games for every $1 raked from a real money cash game online poker
table. Party Poker divides the Party Points evenly among the players who were dealt into the hand. Therefore, a pot of $80 with 8 players involved in a hand of $2/$4 No Limit Texas Hold'em - incurring a rake of $.25 per $5, with the maximum rake being $3 - would be raked for $3, which then bestows 6 Party Points to be divided among the 8 participants in the hand (.75 PartyPoints each).
Tournament fees also earn players two Party Points for every $1 paid in fees. In a tournament buy-in - such as $5+$.50 - the first number ($5 in the example) is the amount the player contributes to the prize pool, and the second number (+$.50) is the tournament fee paid to the poker room. Entering a $5+$.50 sit and go or multi-table tournament at Party Poker will garner 1 Party Point for the player. Party Poker displays the total combined buy-in in the lobby's listing of tournaments and sit and gos, however, opening an individual tournament lobby will reveal how much of the buy-in is the entry fee. For example, a tournament at Party Poker with a $162 buy-in is equivalent to a $150+$12 tournament, which is clarified in the tournament's details.
A new player residing in Norway downloads and installs the Party Poker client, registers a user account, and makes their first deposit of €50. An additional €50 appears in the player's pending Party Poker bonus account. If the player earns 400 Party Points within 60 days of making that first deposit, they will effectively double their initial deposit amount.
As the player enters real money cash games and online poker tournaments
at Party Poker, they will accumulate the Party Points that are needed to release the Party Poker bonus. For every 40 Party Points that the player obtains, €5 of the bonus will be transferred into the player's real money account, until the either the Party Poker bonus expires after 60 days, or the entire bonus is cleared within the allotted time-frame.