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Old 01-28-2012, 12:09 PM   #1
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It is profitable to start accounts off other poker sites?

I was wondering if it is worth making some money but setting up accounts on different poker sites to take advantage of there first time deposit bonuses and do people do it? it seems profitable if you are a winning player?!
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Old 01-28-2012, 12:47 PM   #2
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Re: It is profitable to start accounts off other poker sites?

yes
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Old 01-28-2012, 01:15 PM   #3
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Re: It is profitable to start accounts off other poker sites?

It's literally free money.
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Old 01-28-2012, 01:26 PM   #4
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Re: It is profitable to start accounts off other poker sites?

I have accounts on so many sites i forget what sites i am actually registered to.I once turned the $8 free you get from 888 into 450 withdrew 250 and spewed the rest on PLO i wasn't rolled for but i have like 3 accounts on the 888 network on different skins to take advantage of the deposit and reload bonuses which are quite frequent.
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Old 01-28-2012, 02:02 PM   #5
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Re: It is profitable to start accounts off other poker sites?

cheers, would people recommend any sites to take advantage of the first deposit bonus? exculding stars as i am already on there........titan? 888? (good traffic would help as i multitable)
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Old 01-28-2012, 02:16 PM   #6
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Re: It is profitable to start accounts off other poker sites?

Make sure you get a kickback deal too. Kickbacks usually clear much faster than 1st deposit bonus, and on most sites they clear concurrently with the 1st deposit bonus which sometimes mean >100% rakeback.

Have a look here

http://www.kickbackbonus.com/kickbac...ack-Bonus-List
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Old 01-28-2012, 02:19 PM   #7
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Re: It is profitable to start accounts off other poker sites?

No. These deposit bonuses only give you a % of the rake back. You are quite literally losing money (to the rake) in order to get this free money. Also a lot of the smaller casinos aren't very reputable and they don't always let you cash out.
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Old 01-28-2012, 02:27 PM   #8
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Re: It is profitable to start accounts off other poker sites?

cool had a little read about the kickback deals, they look rewardong but a little complex, do you basically download the poker software via the kickbackbonus website? im guessing these kickback deals can be profitable?
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Old 01-28-2012, 02:32 PM   #9
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Re: It is profitable to start accounts off other poker sites?

Quote:
Originally Posted by SimonStylesTheActo View Post
No. These deposit bonuses only give you a % of the rake back. You are quite literally losing money (to the rake) in order to get this free money. Also a lot of the smaller casinos aren't very reputable and they don't always let you cash out.
Yeah this usually.

You need to calculate if it's worth it considering how fast your deposit bonus clears, vip and other bonusses and rakeback, how much rake your actually paying (varies from site to site) and also, if the bonuses are deducted from your rakeback and or vip awards.
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Old 01-28-2012, 03:29 PM   #10
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Re: It is profitable to start accounts off other poker sites?

Quote:
Originally Posted by Ben Lindridge View Post
cool had a little read about the kickback deals, they look rewardong but a little complex, do you basically download the poker software via the kickbackbonus website? im guessing these kickback deals can be profitable?
Yea, you basically sign up with the affiiliate and download the poker clients via the links on the affiliates website. Kickback deals can be very profitable, they will often net you over 100% rakeback when combined with the 1st deposit bonus. So if you intend to play at a site short term then kickback is usually the best value by far. If you intend to play there longterm you are much better off getting a rakeback deal, which pays less in the short term but much more in the long term.
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Old 01-28-2012, 07:02 PM   #11
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Re: It is profitable to start accounts off other poker sites?

Quote:
Originally Posted by SimonStylesTheActo View Post
No. These deposit bonuses only give you a % of the rake back. You are quite literally losing money (to the rake) in order to get this free money. Also a lot of the smaller casinos aren't very reputable and they don't always let you cash out.
This makes pretty much no sense.
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