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New Cashback Program rolls out June 20 across partypoker Network

Tags: cashback, partypoker.
Posted on 20 June 2022 by "T".

Starting today, June 20, 2022 the new Cashback Program on partypoker comes into effect.

Now, more than 50% of partypoker's players shall receive cashback - on a weekly basis!

As first announced in April, partypoker has plans to roll out their new Cashback Program to the dot com network this year. The target launch date has been set on Monday, June 20.

The current partypoker cashback program has been around for more than four years now and it was the only such scheme available from the major poker operators. Designed to reward players with an increasing rakeback percentage, it helped partypoker grow games and win market share from its competitors.

Now that other major operators have been offering their very own versions, partypoker decided to change its cashback to a new structure that will reward many more players than before.

Starting today, partypoker's Cashback Program sees around 20% of players receive cashback every week, meaning that 80% of players receive no weekly cashback rewards. That's the biggest single change the new cashback program brings.

From 20% to over 50% receiving weekly cashback
By re-designing the cashback program, partypoker shall vastly extend the percentage of players who will receive cashback each week. Now, over 50% of players are expected to get some weekly cashback rewards.

Today's cashback program specifies that a player has to generate approximately $25 in "rake" before they are eligible to earn cashback. That threshold is being lowered - to as low as $1.50. It's really that low!

Variable Points per $1 raked
The cashback program rewards 1 cashback point per $1 raked. This new scheme offers variable rates of points per $1, with fastforward poker generating up to 4 points per $1.

This new element means players of certain game types will earn points faster, than players of others. The full breakdown of what games generate what points will be published later this month.

Boosts
New players shall be seeing a very generous 70% boost to their points as part of their welcome package. This means a new player will receive 6.8 points per $1 raked on fastforward (4 points boosted by 70%).

Of course, regular players will also get boosts, as there will be regular boost promotions. Players will receive boost resets every Monday, with their new weekly boost level applying for the whole week.

New Payout Table
The new payout table is designed to make sure that many more players receive weekly cashback, with the new minimum points threshold being just 10 points. At 10 points, players will receive $0.50 in cashback.

This means the new player, playing fastforward, will start to receive cashback from just $1.50 in rake. (4 points at 70% boost = 6.8 points per $1. $1.50 x 6.8 = 10.2 points)

This new payout will guarantee players earn up to 55% in weekly rakeback.

Why Change the Cashback Program?
partypoker wants to reward players of all levels, not just the "grinders".
While grinders are very important to the network, and will continue to get excellent levels of cashback, partypoker strives to ensure that leisure / casual / recreational players would also be able to earn cashback.

For far too long, casual online poker players have received very little in terms of regular rewards from any online poker room, and partypoker wants to change that.

partypoker Director Vadim Soloveychik said, "Our new cashback program aims to pay vastly more players than today, whilst also ensuring our loyal grinders are well catered for. By giving casual and leisure players more rewards, we believe that they will become more loyal customers, and help us deliver a more recreational focused poker network, which is good for all players."

All of this means that partypoker expects over 50% of players to receive some cashback each week!

What about the partypoker Diamond Club?
In line with the new cashback program, partypoker is launching a new "SPINS Diamond Club" - for high volume players of SPINS and SPINS Ultra. For more information and to apply, contact [email protected]

All of Entain's non-US poker brands and partners will, regulation permitting, feature the new cashback program. France and Spain are expected to go live with the new Cashback in autumn, with Italy launching its own version later this year.

The US Poker Brands will continue to offer their own loyalty programs rather than new cashback.

Source: https://www.partypoker.com/blog/en/new-partypoker-cashback-coming-this-month-to-the-dot-com-network.html

 

 


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52 comments on "New Cashback Program rolls out June 20 across partypoker Network"

Displaying only the 25 latest comments. To view all comments, please visit the forum thread:
» New Cashback Program rolls out June 20 across partypoker Network


 dule-vu01/07/2022 04:42:42 GMT
Its good to read that you and other players like this system more!
 geseco1201/07/2022 16:52:55 GMT
a great room that is doing well this year, has more pros than cons, and I think it is an excellent idea to promote promotions like this, many players will play in this room and that benefits everyone, I hope they continue like this.
 dule-vu01/07/2022 17:08:25 GMT
Yeah,its great!
 geseco1202/07/2022 17:32:09 GMT
partypoker this year has given the best offers to its users, they keep in the same line, that's good for the whole gaming community, the other rooms should imitate partypoker, they should care more about the player.
 CALICUL02/07/2022 17:34:18 GMT
Party poker has been offering good things for about 3 years to attract customers and their marketing strategy is successful. Many players have migrated here and the poker room has grown. It's good for them
 geseco1203/07/2022 17:52:03 GMT
I like this room very much, I have a great affection for it, besides being my first room where I played poker, it was also the room where I won my first dollars, it has never let me down, it always cares about the player, they make many promotions that benefit users.
 CALICUL03/07/2022 17:53:17 GMT
I know you like this poker room, but you don't really want to talk about your results here. I hope you don't lose and you managed to make a profit here, because it is a room where you can earn serious money.
 geseco1204/07/2022 19:32:07 GMT
with this room I have won more than 1000 dollars in tournaments and cash, I will always remember it, now I continue playing in this room at low levels, I really like everything they offer, I'm sure many people do too.
 dule-vu04/07/2022 19:32:13 GMT
They are great site!
 geseco1205/07/2022 21:24:34 GMT
is a great site, always since its inception have given the best offers and promotions to its customers, now come with new offers that help many players, more money for them.
 CALICUL05/07/2022 21:26:25 GMT
it brings a lot of players to the poker tables when they have important tournaments and it is normal because there is a lot of money. Professional poker players sign up in hopes of good winnings.
 geseco1206/07/2022 22:34:33 GMT
is a great poker room, they are always making great offers and promotions to their clients, now they will be able to receive more money when they play poker, there are not many rooms that do the same and we have to take advantage of this.
 CALICUL06/07/2022 22:37:28 GMT
I've heard from a few players that it's nice here, but it's not that easy of course. There are also weaker players to play, steal their money and that is very good. That's what you play for, not to lose. Everyone wants to win. Big Smile
 geseco1207/07/2022 23:40:33 GMT
promotions like this will make more players come to play at partypoker, a great room that for many years has been at the service of the customer, cares about giving the best to its users and offers like this is what makes them different from other poker rooms.
 CALICUL07/07/2022 23:45:37 GMT
when the promotions are good, the players come to play and i saw this with my own eyes in pokerstars and 888 poker. Certainly the same thing happens with Party Poker because they offer many good things for their players and that's why there are many players here as well. Cool
 geseco1209/07/2022 01:55:37 GMT
partypoker has always given the best opportunities and many offers to customers for many years, now we can enjoy their great promotion receiving more than 50% while playing.
 CALICUL09/07/2022 01:59:59 GMT
I am glad for you that you have this very tempting possibility here and I hope you have good profits, even if it is not easy. You can always catch a good day where you can win something beautiful. Here you have enough chances and you have to take advantage.
 geseco1210/07/2022 02:28:55 GMT
these promotions are very good, because that way we can balance with the results we have in the day, sometimes we do not have a good day and lose several boxes and with the refunds of the room we can balance it, good luck to all.
 dule-vu10/07/2022 07:56:53 GMT
Yeah,their promotions are great!
 geseco1211/07/2022 03:16:01 GMT
now more players will be able to enjoy this partypoker promotion, now the refunds are to benefit more than 50% of players, so you should not miss this promotion, this room has always given the best of itself and we hope that this year will come more offers like this.
 dule-vu11/07/2022 04:35:58 GMT
New cashback program and other things that they made in last months,that is something that other sites dont have!
 geseco1212/07/2022 03:24:12 GMT
That is why this room is always different from the others, because it has always given the best promotions to its customers, and continue to give since its inception, in the coming years will be the best poker room in the world.
 dule-vu12/07/2022 04:43:20 GMT
So how much cashback you get from party poker?how this work for you?
 geseco1213/07/2022 04:01:40 GMT
when I play cash at partypoker I get more winnings than in any other room, the cashback is much higher and you have more chances to win some money weekly, this promotion is very good for everyone.
 dule-vu13/07/2022 04:40:39 GMT
Its ok,but how much cashback you get from party poker?is it good for you? I dont think that you get anything!

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