However, these tend to be priced much higher than the other bonuses to such an extent that they're still not worth it. The exception is those bonuses that specifically state that the rollover is only 1x for which the expected value is almost the same as the face value. When we factor this into our calculations, the rate of return of casino bonuses is not as good as tourney tickets. Therefore, we counsel you to consider these casino bonuses to be worth only half their face value when comparing their cost to MTT tickets. In actuality, you'll be hard-pressed to find any game that will see your expected value go much above 50% of the bonus amount. However, such favorable games only count fractionally toward the wagering requirement.

You might think this is pretty good because playing through 10x on a game like blackjack or video poker would result in an expected loss of only around 5% of the bonus funds. There's one problem though: Most of these bonuses come with a rollover of 10x. There are a wide range of different bonuses available, and most of them appear at first to compare favorably with the rates you can achieve through tournament tickets. It's possible to exchange your poker points for small casino bonuses.

Because you must pay $1 in rake to get 15 points, you would have to pay (2,750/15) = $183 in rake contributed to get $1 in ticket value: an Ignition Poker rakeback rate of about 0.55%. When converting your points/miles to tournament tickets, the general rate appears to be in the ballpark of 2,750 points per dollar. The other tickets available tend to follow the same pricing guidelines as the ones highlighted above. We have chosen those particular options as being exemplars of the types of tickets available, and anyway, there are frequently small additions and subtractions from the lists contained in the poker software. However, this is just a partial list for illustrative purposes.

$2 + $.20 MTT – 6,000 Ignition Miles/6,250 Bovada Reward Points.

$60 Jackpot – 160,000 Ignition Miles/165,000 Bovada Reward Points.

$2 Jackpot – 5,250 Ignition Miles/5,500 Bovada Reward Points.

The prices may vary between the different brands. There are a variety of MTT and Jackpot tickets that you can purchase using your poker points. Perhaps the most rewarding is by using them to purchase tournament tickets. There are several options for trading in your poker points at Ignition and the other sites in the Bodog family.

Ignition casino rakeback