By Matt Kaufman, Rakeback.com Poker News Editor
Several aspects of Full Tilt Poker's relaunch on Tuesday have received less-than-favorable reviews from the poker world over the last few weeks, and now their reward system is receiving a similar response.
The new "Edge Reward Program" will return between 10% and 25% in effective rakeback back to players. For all players, this will be less than the across-the-board 27% rakeback that players could previously acquire through affiliate sites including Rakeback.com.
The new 4-level system assigns players either Silver, Gold, Platinum, or Diamond status based on a rolling average of point collection over previous spans of time.
Relative to competitors, even the maximum 25% rakeback which can be acquired by high-volume users is less than nearly all of the offers available to average-volume users at other online poker rooms.
Perhaps the most interesting aspect of Full Tilt's low effective rakeback is that PokerStars, the owner of Full Tilt, offers a massive 74% effective rakeback to their highest-volume players.
It will be interesting to see how this new system will affect Full Tilt's traffic when they launch this week, and whether or not they will choose to offer more value back to their players a few months down the line.
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