Everything You Need To Know About partypoker��s New Loyalty Program
Partypoker recently announced on its blog the unveiling of a new loyalty program as of March 1, 2015. Not all of the changes of the revamped loyalty program have been publicized as of yet, but the poker room has unveiled many of the key changes its players can expect to see.
The method by which partypoker players earn points will remain the same with every dollar in rake or tournament fees rewarding two points, and the program will continue to feature four-tier loyalty scheme.
However, the thresholds for players to achieve the Silver, Gold, or Platinum loyalty levels will be dramatically reduced, enabling players to achieve higher rewards at a faster pace.
| Loyalty Level | Old Points Requirement | New Points Requirement |
|---|---|---|
| Bronze | 0 | 0 |
| Silver | 400 per month | 50 per month |
| Gold | 1,000 per month | 750 per month |
| Palladium | 9,000 per quarter | 2,000 per month |
The new loyalty program also will mark the return of cash rewards on the shelves of the partypoker points store. Players that earned enough partypoker points in a month to achieve the Palladium status will be able to redeem their points for cash at a rate of up to 22.2 percent.
Players at other levels are also expected to be able to exchange points for cash, but the actual exchange rate is not expected to be announced until March 1. Partypoker also will be reducing the price of many items currently in its points store, along with the addition of new items as well.
In addition to these changes, partypoker will also be launching new Weekly Loyalty tournaments for each VIP level.
To celebrate the launch of the new loyalty program, partypoker is hosting the Loyalty Launcher promotion during the first eight days of March. Bronze and Silver players can earn to $20 in cash depending on their loyalty status on March 1 as shown in the tables below.
Bronze players
| Points | Instant Prize | Total Prize |
|---|---|---|
| 5 | $0.50 cash | $0.50 cash |
| 10 | $0.50 cash | $1 cash |
| 15 | $1 cash | $2 cash |
| 20 | $1 cash | $3 cash |
| 25 | $2 cash | $5 cash |
Silver players
| Points | Instant Prize | Total Prize |
|---|---|---|
| 25 | $2 cash | $2 cash |
| 50 | $3 cash | $5 cash |
| 75 | $4 cash | $9 cash |
| 100 | $5 cash | $14 cash |
| 125 | $6 cash | $20 cash |
Points earned during this promotion period will not be redeemable in the store, but will contribute toward each player's loyalty level.
Additionally, Gold players can earn 25 percent extra on their points during this promotional period up to an extra 200 points, and Palladium players can earn 50 percent extra on their points up to 600 points.
Gold players that earn 1,000 points will be able to redeem a cash reward of $50, suggesting that the cash exchange rate on points could be 10 percent in the new loyalty program.
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