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👤RakeAdvisory 🕔2015-02-16
888 decreases rakeback VIP schemes for top grinders

888 is the second network in terms of traffic for cash games after Pokerstars, according to traffic data reported by the networks. They have reached this stage using a long term strategy for attracting recreational players. Based on the facts that rake on 888 is pretty huge and that rakeback via VIP system is perhaps the lowest possible, grinders who choose to play on 888 are rewarded with poor rakeback schemes which affect the earnings of the players. Thus, playing on 888 Network until now was rewarding grinders with the worst rakeback percentages from the available poker deals in the market.

Moreover, 888 has decided to decrease even more the cashback for top grinders to stimulate recreational players. Therefore, 888 Network has updated the Loyalty Rewards Program to be even more balanced, with greater consideration for players with lower status levels, in spite of higher VIP  levels.

As of the 1st of March 2015, the cashback amount for all players with Blue, Iron, Chrome, Copper and Bronze loyalty statuses will be increased by 25%, and the cashback amount for VIP and VIP-Diamond players will be reduced by 25%. Thus, after implementing the new changes, high volume rakeback grinders will be in the situation of having to reasess the feasibility of playing on 888. 

The previous VIP system 888 Network was using to reward players was been configured as below :

VIP Level Blue Iron Chrome Copper Bronze Silver Gold Platinum VIP VIP Diamond
Cashback 2.0% 2.0% 2.0% 2.0% 2.0% 4% 9% 18% 27% 36%

After implementing the new changes, this is how grinders will be affected due to cashback decrease for top tier VIP levels:

VIP Level Blue Iron Chrome Copper Bronze Silver Gold Platinum VIP VIP Diamond
Cashback 2.5% 2.5% 2.5% 2.5% 2.5% 4% 9% 15% 20% 25%

 

For comparison, check out how high some standard rakeback deals on the market can go.

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