Paradise Poker is one of the oldest online poker rooms still in operation, dating back to 1999. They are now owned by Sportingbet, a large European online sportsbook. They offer new players a 100% up to €1,000 first deposit bonus and do NOT accept US players.
Ace Formula
Paradise Poker offers a 100% up to €1,000 poker bonus and is currently ranked #13 out of 28 reviewed poker rooms with an overall score of 75.76.
The breakdown for the Paradise Poker poker bonus using the Ace Formula is shown below:
- Match: 100%
- Amount: €1000
- Value: 36%
- VIP Value: 16%
- Rake per Day: €46.30
((100 + 1000) / 46.30) + (36 + 16) = 75.76
More Details
You can find even more details about the Paradise Poker bonus below:
- Bonus Code: BONUS1000
- Expiration: 60 days
- Total Rake Required: €2777.78
- Points Earned per €1 Rake: 3.6
- Total Points Required: 10000
- Points Per Day: 166.67
Visit Sportingbet.com for more details and to download the official Paradise Poker software.
Activating the Bonus
The €1,000 bonus is only offered for new players making their first real money deposit. To get started, you can use our links to visit Paradise Poker and signup. Using our links helps support the website at no extra cost to you.
Once you’ve created an account and installed the software, there are two things you need to do before you can deposit for the bonus.
Step 1 – Apply the Paradise Poker bonus code BONUS1000 prior to making your deposit. You enter this on the Sportingbet website after logging in then clicking the Poker tab. Along the left, click on My Poker, then Bonus Summary, and enter BONUS1000 in the Bonus code field:
Paradise Poker Bonus Code BONUS1000
Step 2 – Opt-in to the loyalty scheme in order to earn points to clear the bonus. To do this, again access the My Poker section and under Rewards Summary click on “Join loyalty program”:
Paradise Poker Loyalty Program Opt-in
Once that is done, you can now click on Deposit and choose the most convenient method. Any amount you deposit will be matched, up to €1,000.
Clearing the Bonus
The bonus is cleared by earning points. Players earn 3.6 points per €1 in rake or tournament fees paid. The bonus is released in €20 increments each time 200 points are collected. This means players must collect a total of 10,000 points for the full €1,000.
Earning €1 of the bonus takes 10 points, and collecting 10 points costs €2.78, which sets the value of the bonus at 36% rakeback.
The bonus must be cleared within 60 days. Any unearned amount left after 60 days can no longer be earned. A total of €2,777.78 in rake must be generated, or €46.30 rake per day for pace. If you prefer to track points, 166.67 points per day is pace.
VIP Value
Paradise Poker’s VIP program is called Player Rewards and within players can convert points for cash based on their VIP level. Earn more points per month and the conversion rate increases.
If you earn the bonus at pace, this would place you in the VIP 4 tier, which has a flat conversion rate of 16% cashback. This makes setting the VIP value easy – 16%. Add in the bonus value of 36% for an overall value of 52% rakeback.
Hands to Clear the Bonus
The below table shows an approximation of how many hands it will take to clear the full $1,000 bonus. These numbers may not 100% exact and should be used as an average to give you a general idea, rather than an accurate amount. This is because the rake generated varies widely based on playing style. In general, aggressive players generate more rake while more conservative players generate less rake. Therefore, if you tend to play more aggressive, it may take you fewer hands, whereas if you play more tight, it may take you more hands.
| Stake | Total Hands | Hands per Day |
|---|---|---|
| $10 NL | 420,876 | 7,015 |
| $10 NL 6M | 272,331 | 4,539 |
| $25 NL | 174,703 | 2,912 |
| $25 NL 6M | 118,203 | 1,970 |
| $50 NL | 99,206 | 1,653 |
| $50 NL 6M | 65,669 | 1,094 |
| $50 NL HU | 61,866 | 1,031 |
| $100 NL | 56,230 | 937 |
| $100 NL 6M | 40,199 | 670 |
| $100 NL HU | 45,687 | 761 |
| $200 NL | 38,000 | 633 |
| $200 NL 6M | 27,722 | 462 |
| $200 NL HU | 36,122 | 602 |
| $400 NL | 25,368 | 423 |
| $400 NL 6M | 21,318 | 355 |
| $400 NL HU | 34,985 | 583 |
| $600 NL | 21,060 | 351 |
| $600 NL 6M | 17,933 | 299 |
| $600 NL HU | 35,073 | 585 |
| $1,000 NL | 17,875 | 298 |
| $1,000 NL 6M | 16,197 | 270 |
| $1,000 NL HU | 33,387 | 556 |
$10 = Stake
NL = No Limit
6M = 6-Max/Shorthanded
HU = Heads Up
If you play tournaments instead of cash games, below is how many tournament fees are required, along with pace per day. These numbers are 100% accurate and the same for every player since tournament fees do not vary per player.
| Game | Total Fees | Fees per Day |
|---|---|---|
| Tournaments | €2777.78 | €46.30 |
Get Started at Paradise Poker
If you’re looking to play now, you can visit Paradise Poker now and start earning your $1,000 deposit bonus!