The cash you put into an online poker account is sitting in an off-shore account. This account is owned and controlled by the poker site. As more people deposit at the poker site, the larger the account grows and the more interest it is able to generate. If you win enough playing online, eventually you are going to pull money out of this account. If the poker room is using the interest from this account as a part of their revenue, well then they get hurt when withdrawals are made from their account. But, if you go broke there is probably a good chance you will re-deposit and grow the poker sites account.
Re-deposit bonuses are a good way to attract players to put more money into an online poker account. Even if you do get some of the bonus cash promised to you, the poker site still has all of it in their account. Heck, the bonus money does not even have to be real unless they get enough withdrawals to have to pay up. Given the number of players they have, this should not be a problem for the poker sites. And, if the hands are being manipulated so that more people go broke instead of winning, you may never see the entire bonus amount or will end up re-depositing to try to win that bonus amount.
If sites need something to attract new players or want to have players re-deposit, they should consider having services which protect the player from fraudulent activity. Prove to online poker players that they are not just trying to grow and off-shore account, but want to provide a service which is fair and unbiased. Better yet, allow the player to get the interest from the account with monthly statements from legitimate banking institutions. If we ever see a site providing such services, we will have truly reached an age where online poker is legit.
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