What is a Promotional Freeroll?

A freeroll is a tournament that does not cost anything to enter, but offers real cash or occasionally entries to a larger tournament as prizes. It's basically a free poker tournament for money. Due to the opportunity to win something for nothing, freerolls often have extremely high fields, and the amount of people who can enter is usually capped.
In many cases, players can use player points that they have earned by playing on the site to enter a freeroll. A promotional freeroll does not require player points; it is offered as a promotion, either as a reward for first signing up with the site, as a thank you for continuing on the site, or to draw attention to a specific cause or event.

What is So Great About a Promotional Freeroll?

The benefits to such an arrangement should be immediately obvious. You assume no risk, but have the opportunity to win a tangible prize. Although the prizes you can win in freerolls are usually not that large, they are still real, and someone who is looking to move from the play money arena to the real cash game or tournament arena can take advantage of freerolls to do so.
In fact, it is said that many young players who are Internet poker millionaires today got their start using promotional freerolls, since they were not old enough to legally make real money deposits.

Are There Any Downsides to a Promotional Freeroll?

Since there are sometimes thousands of players, you will need a considerable amount of luck to go with any poker skills you may have in order to win. Furthermore, you will probably have to play many hours, and even if you cash you will likely only win a few dollars or perhaps even less. Still, you will get to enjoy and practice poker without any risk on your part, and some people feel the extra few dollars they may win is just the icing on the cake.