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jun
20

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


 dule-vu20/06/2022 14:18:49 GMT
Another great news from party poker and another promotion that every regular party poker player will love it!what is better then to get better cashback then it was before!nice job party poker Thumbs Up
 geseco1221/06/2022 02:11:31 GMT
it is interesting what partypoker is doing to help its users, now you can have a better chance of getting a refund every week, before only 20% of players had access to their refunds, now with the new promotion more than 50% of partypoker players will receive weekly refunds.
 dule-vu21/06/2022 05:09:22 GMT
Its interesting how they suprise players every month with something new!
 geseco1222/06/2022 02:53:24 GMT
that's why this room is one of the best in the world, it has always given the best offers to its customers, and now they have increased the weekly refunds, almost 80% of the players were not getting refunds, but with this promo this has been increased.
 dule-vu22/06/2022 03:34:31 GMT
They are doing great job!
 geseco1223/06/2022 03:53:02 GMT
This shows the great commitment of the room with their players, they have always done it and there is nothing new in it, that's why I like partypoker, now they can win more players, and that will have a great impact on the games every day.
 jimman198523/06/2022 04:13:26 GMT
great article
 dule-vu23/06/2022 04:44:30 GMT
They just want that every player stay at their site!
 geseco1224/06/2022 17:14:04 GMT
the goal is that, that all the players stay in your room, and that they feel very comfortable so that they play very continuously, and partypoker gives the best offers and promotions for its customers and that is why it is the best for me.
 CALICUL24/06/2022 17:22:06 GMT
whenever something goes down in a poker room they have to work to try to make the players play more. Cashback is good and there are many who enjoy it. I think they did well.
 RoninHarper24/06/2022 23:38:48 GMT
G'day mates

Well I have decided to go back to playing poker again on party.
I figure the new player payout structure is better then most reward programs I have seen on any other online poker site so I might as well go ahead and give party another chance.
Wish me luck my friends.
be cool

Ronin Cool
 CALICUL24/06/2022 23:46:03 GMT
Good luck for good money Big Smile
 Silviaatje25/06/2022 06:46:21 GMT
This is a good start 👍
 dule-vu25/06/2022 08:51:04 GMT
Everything that they do is great!
 geseco1225/06/2022 21:27:00 GMT
they always do it that way, that's why I like this room very much, now we should play more in partypoker because the offers are incredible, more than 50% will get profit while playing.
 CALICUL25/06/2022 21:30:40 GMT
I know party poker is your favorite room and you have many opportunities here, but have you made any profit so far? They have a good room and you can choose many games, but the important thing is to earn some money
 geseco1227/06/2022 01:14:51 GMT
is one of my favorite rooms, I always play in it and it is the cheapest room in commissions, that is why many players play in it, it is very worthwhile, now we must always play to be able to have the benefits.
 CALICUL27/06/2022 01:16:56 GMT
but you make any withdrawals from here? it is good or you don't have luck to win something more important ? I would play here but i can't, because of restriction. i'm tired of a poker in another room because it doesn't offer satisfaction. I would like to move here but i can't... Aww crap!
 geseco1228/06/2022 03:04:17 GMT
It is an incredible room, a pity for those who can not play in it due to restrictions in their country, hopefully this can be solved and they can operate in more countries, the community has to grow, poker too.
 dule-vu28/06/2022 04:37:58 GMT
They choose in what countries is best to operate!
 antonis32128/06/2022 06:15:12 GMT
It's good to take into consideration the recreational players and the small fish , whose bankroll is small and play very few games . So these players cannot generate much take , and 20 or 25 dollars in rake per week is too much really . But lowering this limit and giving some boosts to players will give them the opportunity to achieve a rakeback , win sth . This is good news .
 dule-vu28/06/2022 06:15:32 GMT
at party poker,they think about every player,no matter are you just regular,small player or high roller!they just know how to give to everybody,especailly on smaller limits!
 geseco1229/06/2022 04:56:10 GMT
That's the beauty of this room that is always thinking of all players, from low to high levels, thus benefiting the entire community, that's why partypoker is one of the best known and most loved rooms for all poker players.
 dule-vu29/06/2022 05:56:45 GMT
Yeah,they really think on every player!

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