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PartyPoker Up to 40% Weekly Cashback Launches May 22

PartyPoker has revamped their VIP program and players can now earn up to 40% effective rakeback, in the form of weekly cashback for points. The new loyalty program begins May 22, 2017.

The new PartyPoker VIP program is very similar to flat rakeback – no bonuses to clear, simply rake a certain amount and receive 20 – 40% cashback directly into your account balance.

PartyPoker Cashback

Players now earn 1 point per $1 rake paid in cash games or tournaments.

Rake Per Week Cash You Get Effective Rakeback
$25 – $100 $5 – $20 20%
$150 – $500 $37.50 – $125 25%
$600 – $1000 $180 – $300 30%
$1200 – $2000 $480 – $800 40%

Rake $25 per week (25 points) or more and you qualify for cashback. Cash is paid into your balance every Monday.

This is a significant improvement over the current VIP program, which was capped at 22.2% cashback.

Existing Points Will Expire

Spend your PartyPoints before the launch of the VIP program May 22nd. ‘Party_Rep’ has confirmed on the TwoPlusTwo forums that points will expire and start over.

Tournament dollars have no expiry date so that’s an alternative to spending them – convert them to T$.

Opt In

Players must opt in on the PartyPoker website each week to take part. The cashback week period runs between 00:00 CET Mondays to 23:59 CET Sundays.

If you opt in mid-week current points totals will still count towards cashback.

Update – opt in is planned to be removed so that cashback is automatic.

Palladium Elite Returns

The Palladium Elite VIP level will be reinstated although by invitation only and details have not yet been revealed.

One would assume that will be equal to 50% rakeback as it was prior to Apr 1, 2013.

Tiered Cashback

The exact cashback system is below. If your weekly points falls below a level, you’ll receive the cashback and effective rakeback of the previous level. So make sure you exactly hit each target.

Points Loyalty Payment Cashback %
25 $5.00 20%
50 $10.00 20%
75 $15.00 20%
100 $20.00 20%
150 $37.50 25%
200 $50.00 25%
250 $62.50 25%
300 $75.00 25%
350 $87.50 25%
400 $100.00 25%
450 $112.50 25%
500 $125.00 25%
600 $180.00 30%
700 $210.00 30%
800 $240.00 30%
900 $270.00 30%
1000 $300.00 30%
1200 $480.00 40%
1400 $560.00 40%
1600 $640.00 40%
1800 $720.00 40%
2000 $800.00 40%

$500 Deposit Bonus

Players signing up to PartyPoker via Rakeback.com receive a larger than usual deposit bonus, of 100% up to $500. That clears at 25% rakeback.

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How Much Cash Back Will I Earn?

Rakeback increases your winnings from online poker as you continually earn money back from every raked hand or tournament you play.

Many players earn a living wage from rakeback alone. Use the calculator below to estimate the size of payments you’ll get over a given period of time. The calculator will compute your expected daily, weekly, and monthly cash back depending on the stakes and tables you input.

Calculate Your Rakeback
$125
Hourly
$998
Daily
$17,472
Monthly
$174,720
Yearly

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