40% Cashback at Party Poker
Party Poker Offers Up to 40% Rabeback System
So many online poker rooms are providing players with services as sports betting or online casino. There is nothing wrong with that, but their rakeback and cashback systems are more and more inclined to pay more if a player uses all of the services. This is especially annoying if you just want to play poker and nothing else.
The cashback systems of for example 888poker or PokerStars are not transparent and it is virtually impossible to know or count the percentage of your rakeback. We were very worried that Party Poker might go this way as well when they announced that there will be major changes in their rakeback system.
What made us more than pleased is the fact that Party Poker decided to go for the most straightforward and transparent rakeback system possible.
Players are rewarded with 1 Party point per every $1 paid in rake. At the end of every week, depending on the points rewarded, you are instantly paid your cash. No further restrictions. You can withdraw the money, play more poker with it or use it on anything else. You can get up to 40% rakeback, or reach VIP Diamond Club for even greater rakeback of at least 50%.
New Party Poker rakeback system:
|Points Earned||Cashback payment||%|
|40 percent cashback is awarded for every 200 points after earning 2,000|
|Diamond Club with at least 50% rakeback - invite only|
partypoker Managing Director Tom Waters said: “The new, significantly improved loyalty scheme is straightforward and offers regular cashback to players. I recognised that the existing loyalty store was complicated and confusing for some players and so we decided to replace the store with a simple and rewarding rakeback scheme that will deliver cashback into players accounts every week. The new scheme was designed in consultation with a large group of players and I hope that we have delivered a rakeback program that will suitably reward our loyal players.”
partypoker Ambassador Patrick Leonard said: “This is a huge improvement for partypoker which I have been championing for a long time. I made sure that all the feedback I received from the poker playing community was passed on to partypoker to ensure we were given a simple and fair reward system that gives players exactly what we are looking for.”
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