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Old 12-18-2005, 08:22 PM
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Default Re: PokerStars VIP Status

From the horse's mouth, Lee Jones...

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Q15: And finally, for the number one favorite question everybody wants answered: "What about r*keb*ck?"

A15: Short answer first: We don’t plan to offer rakeback. However, we do plan to introduce a VIP program (soon) which will give substantial awards to high volume players. For instance, how'd you like to trade your FPPs for a WSOP, PokerStars Caribbean Adventure or European Poker Tour package?

Note also that our rake is substantially lower than our main competitor’s, especially for low and mid-limit fixed-limit games (as was pointed out elsewhere on these pages). For example, our rake is lower by:

39% for $.50/$1
20% for $1/$2
16% for $2/$4
14% for $3/$6
10% for $5$10

Also note that the FPPs return 5-8% to tournament players (depending on how you want to calculate the value of the tournament entries and such).

Frankly, I've never really understood the fascination with rakeback. It's like people who pay too much tax, giving the U.S. Government an interest-free loan. Then they get a rebate in April from the IRS, and go "Whoo-hoo! Free money!"



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