By TheNuts - May 17, 2017
Party Brings Back Rakeback
On Monday, May 22nd, PartyPoker will launch a new VIP Loyalty program that awards players with cashback every week. The more you play, the more you stand to earn - up to a maximum of 40% back.
Under this new rewards program PartyPoker players will receive 1 point for every $1 in rake generated at the tables. After 25 points the rewards start to stack up:
| Points | Loyalty Payment | % |
| 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% |
| thereafter 40% for every 200 points earned |
| Palladium Elite VIP – invite only |
PartyPoker managing director Tom Waters has said: The new, significantly improved loyalty scheme is straightforward and offers regular cashback to players. I recognized 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.
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