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👤RakeAdvisory 🕔2017-05-17
New Party Poker VIP loyalty system - Up to 40% weekly rakeback

Starting 22nd of May 2017, Party Poker replaces its old complex VIP scheme with a much straightforward rewards system. Thus, players will receive up to 40% rakeback paid weekly into their poker account, according to the new Party Poker VIP system.

Until now, Party Poker cashback structure was quite confusing and merely configured for attracting recreational players. According to the new VIP structure, there are more incentives for regular cash games players, as now the system is easy to understand, rakeback is paid weekly and the maximum rakeback percentage is increased from 30% to 40% at a reachable level of 1.200$ in monthly rake.

The new changes have already been announced on Party Poker's blog and will come into force Monday, 22nd of May:

"The all-new partypoker loyalty scheme launches on Monday 22 May and not only is it much more straightforward, it also gives you up to 40 percent cash back into your account every week. 

When you play poker for real money, you will earn 1 point for every $1 you contribute in cash game rake or tournament fees. Once you have opted in via the Rewards section of your account and earned a minimum of 25 points, you start to receive cash back into your partypoker account. The more points you collect, the higher the rakeback percentage you receive. Your cash back is paid directly into your partypoker account every Monday and can be used for whatever you want to spend it on."
 

The new Party Poker rakeback structure can be sinthetized according to the table below:

Rake Rakeback
25$ - 100$ 20%
150$ - 500$ 25%
600$ - 1000$ 30%
1200$ + 40%
 

Partypoker Managing Director Tom Waters said in the same blog post we mentioned earlier: “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.”

On top of the new competitive VIP system Party Poker launches, new players who sign up at Party Poker will still have access to the 22.500$  Monthly Private Rake Race, that will boost their rakeback earnings.

 

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