Poker770 Rakeback Program
written by: John
Poker770 is a popular online poker site that caters to players of all stakes with a comprehensive VIP club that acts as a rakeback program. Poker770 deducts a portion of each pot to cover their costs, which include employee payroll, website fees and advertising. The fee taken from each pot is known as the rake. Players can earn a large fraction of their rake back by ascending through the Poker770 VIP club, which allows you to convert your bonus dollars and VIP points into actual cash. The program is fair and provides lucrative rewards for the most active players at Poker770.
Poker770's Rake System
Poker770 will not charge a rake for hands that end before a flop is seen, which is known as a No Flop - No Drop policy. From here, Poker770 will charge a 5% rake fee for most hands that do see a flop. Poker770 employs various rake maximums that mostly depend on the table stakes, as well as the players involved and the game type. Examples are provided below:
At tables with fixed limits lower than $2 / $4, the rake limit is $1.
At tables with fixed limits higher than $2 / $4 but lower than $50 / $100, the maximum rake is $3. The actual maximum rake scales between these two limits, so a game with a lower limit may have a maximum rake of $2, for example.
At fixed limit tables of $50 / $100 and above, the maximum rake is $5.
At a pot limit/no limit table up to $20 / $40, the maximum rake is $3.
At a pot limit/no limit table above $25 / $50, the maximum rake is $5.
Poker770 Rakeback Program
Poker770 employs a simple rakeback program in which players can earn points by participating in real money ring games and poker tournaments. The more you play, the more points you'll earn, and members who achieve higher VIP statuses will earn points at a faster rate for playing the same amount of poker.
First, you'll use your points to earn rakeback by clearing pending bonuses such as the initial deposit bonus. At the beginning of the program, you'll need 300 points to unlock one bonus dollar. Later, as your VIP level increases, you'll only need 200 points or even 150 points to unlock each bonus dollar.
You can also exchange your points for cash, regardless of a pending bonus. By saving up your points and exchanging them in larger chunks, you'll receive a better Poker770 rakeback rate. For example, 5000 points can be exchanged for $5, while 240,000 points can be turned in for $250. The most active players at the site will receive the best Poker770 rakeback rates overall.