It is a twofer deal. You put $100 down and that can bee applied to the cost of your cruise and then you get OBC on top of that. The amount of OBC varies, I think, based on the length of the cruise.
A Bad Day At Sea [with power] Always Beats A Good Day At Work
Carnival: Glory 2004, Destiny 2008, Splendor 2009, Freedom 2011, Valor 2012, Dream 2013
Celebrity: Summit 2011
Princess: Ruby 2010, 2014, Caribbean 2013, Coral 2014