Party Poker VIP Up to 40% Rakeback
- Rakeback Site: Party Poker
- Rakeback Method: Contributed (Weighted)
- Rakeback Percentage: Up to 40%
- Rakeback Payments: Monthly
- Tournament Rakeback: Yes, SNG and MTT
Party Poker's rakeback system is not a traditional rakeback program, but rather a cash-back rewards program for all members who earn anywhere from 400 to 100,000 points per month. Each level of points relates to the player's VIP level. The higher your VIP level, the more rakeback equivalent you can receive.
It is an equivalent program because you earn Party Poker Points in the same manner as you would earn rakeback. Every $1 you contribute to the rake, or pay in tournament fees, earns you 2 Party Poker Points. You then trade in these points for cash back and bonus rewards.
The percentage of cash back and bonus back rewards you can get is based on your VIP Level. At Palladium Elite level, a player needs to earn 100,000 points in a calendar month, awarding $15,000 in cash back and $20,000 in bonus cash. That's an equivalent of 40% rakeback, one of the highest rakeback deals in the online poker industry.
A Cash Back reward is yours to keep. The Bonus Cash is something you can purchase in the Party Poker Rewards Store, using the points you've earned. You must reach the required level to be able to purchase the corresponding bonus. For example, you may have enough points collected to purchase a $3,000 bonus, but if you are only a gold level VIP, it will not be available for purchase.
Party Poker VIP Levels and Rakeback Equivalent Rewards
Bronze VIP
- Points Required: 400
- Cash Back %: 5%
- Cash Reward: $10
- Bonus Back %: N/A
- Bonus Reward: N/A
Silver VIP
- Points Required: 1,500
- Cash Back %: 6.67%
- Cash Reward: $50
- Bonus Back %: 13.33%
- Bonus Reward: $100
Gold VIP
- Points Required: 1,500
- Cash Back %: 10%
- Cash Reward: $200
- Bonus Back %: 17.5%
- Bonus Reward: $350
Palladium Level 1 VIP
- Points Required: 10,000
- Cash Back %: 12%
- Cash Reward: $600
- Bonus Back %: 24%
- Bonus Reward: $1,200
Palladium Level 2 VIP
- Points Required: 20,000
- Cash Back %: 15%
- Cash Reward: $1,500
- Bonus Back %: 30%
- Bonus Reward: $3,000
Palladium Elite VIP
- Points Required: 100,000
- Cash Back %: 30%
- Cash Reward: $15,000
- Bonus Back %: 40%
- Bonus Reward: $20,000
Party Poker Rakeback Signup Instructions
Follow the steps below to start working your way into a rakeback equivalent earner at Party Poker.
Download & Register: Click here to download Party Poker. When the download completes, follow the directives to install the software. The poker lobby will launch instantly. Choose to register a new real-money player account. Complete and submit the form.
Submit Player Name for Tracking Purposes and Entry to Extra Promotions: Return to this web site and submit your new Party Poker player name. Since the rakeback is not paid in a convention manner, we can't track your actual rakeback, but we can make sure you are invited to join in all of our Party Poker promotions, including valuable freerolls, rake races and rake chases.
Deposit: Finally head to the cashier at Party Poker and make your first deposit. Doing so will grant you a 100% up to $100 welcome bonus, very quickly cleared if your earning enough points to collect Party Poker VIP rakeback.
Party Poker Rakeback Tracking And Payments
You cash back and bonus back rewards are paid by Party Poker into your cash balance or bonus balance, depending on the type of rewards (cash or bonus). Cash back is paid at the end of the month according to how many points you've earned in that month. Bonuses are immediately available in your pending bonus account as soon as you've earned enough points and traded them in for the bonus. Clearing the bonus requires 5 Party Poker points per $1 of the bonus.