888 Rakeback

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888 Rakeback - Earning Cash Back From 888 Poker

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Virtually every online poker site in existence collects rake from real money pots at their cash game tables in order to pay for the operational costs of running the site. In addition, online poker sites collect tournament fees that are usually around 5% to 10% of the tournament buy-in. Many reputable online poker sites, such as 888, offer a rakeback system that allows dedicated and loyal customers to receive a portion of this rake back in their real money account.

888 Rewards

888 rakeback is done through a VIP program known as 888 Rewards. You won't automatically receive rakeback in your account. Rather, you'll earn Status Points and Rewards Points. Status Points are used to determine your Status Level, which will ascend through the following ranks:

• Bronze (0 Status Points required)
• Silver (500 Status Points required)
• Gold (1,500 Status Points required)
• Platinum (4,500 Status Points required)
• VIP (60,000 Status Points required)
• VIP Diamond (300,000 Status Points required)

To earn and maintain a Status Level of Bronze, Silver, Gold, or Platinum, you'll need to receive the required amount of Status Points on a monthly basis. However, VIP and VIP Diamond Status Levels are calculated on a yearly basis.

Earning Status Points is simple. For every $0.50 that 888 takes as rake, you'll earn one Status Point.

Earning 888 Rakeback

Your Status Points are only used to determine your Status Level. However, as you're earning these Status Points, you'll also be earning Reward Points. Reward Points are what you'll use to redeem for cash, tournament entries or other prizes at the 888 Store. Your Status Level is important because, as you climb in Status, a multiplier will be placed on your account to determine how many Reward Points you'll earn per Status Point. See the chart below for more information on 888 Poker multipliers.

• Bronze - 1 Status Point = 1 Reward Point
• Silver - 1 Status Point = 2 Reward Point
• Gold - 1 Status Point = 4.5 Reward Point
• Platinum - 1 Status Point = 9 Reward Point
• VIP - 1 Status Point = 13.5 Reward Point
• VIP Diamond - 1 Status Point = 18 Reward Point

As you earn Reward Points, you'll be able to turn them in for cash. 1,000 Reward Points can be redeemed for $10 in cash. Although this conversion rate might not seem great, it actually equates to an excellent rakeback percentage as you climb the Status Levels. Rakeback percentages are listed below.

• Bronze - 2% 888 Rakeback
• Silver - 4% 888 Rakeback
• Gold - 9% 888 Rakeback
• Platinum - 18% 888 Rakeback
• VIP - 27% 888 Rakeback
• VIP Diamond - 36% 888 Rakeback

Additional Status Level Perks

Earning and maintaining a higher Status Level will provide you with additional perks beyond the standard 888 rakeback. You'll have access to exclusive tournaments and promotional offers, as well as the ability to purchase merchandise from the 888 Store.

888 Poker players who reach the levels of VIP and VIP Diamond will be privy to even more great offers. As a VIP at 888, you'll have access to a high rakeback percentage as well as the following offers:

• Personalized Account Manager
• VIP freerolls
• Access to offline tournaments complete with VIP treatment
• Exclusive merchandise in the 888 store
• Free gifts

888 makes it easy for players to collect rakeback without dealing with a complicated process. You can track you Status Points, Reward Points and Status Level within the 888 Poker lobby as you play, meaning that you won't have to leave the action to check on your 888 rakeback.

 ⇒ Click here to visit 888.com