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PokerStars announces (again) death of rakeback

18 months after the launching of "Stars Rewards" (the so-called "death of rakeback"), the program that changed the much-appreciated Supernova Elite status for a lottery-system consisting on opening chests, PokerStars announces again changes that will significantly reduce the overall rakeback received by its players. In this case, the MTT fans are the affected ones.

PokerStars announces (again) death of rakeback

PokerStars reduces rakeback to MTT players

Today, an MTT player at PokerStars receives 100 reward points for every 1$/€ paid in tournament fees. From February 15th, 2019, the players will receive 45 points for the same rake (an effective reduction of 55%). PokerStars justifies it by saying that there would have a "minor impact" and will allow them to hold more tournament series both live and online.

The future of the chests program

That is not the only change announced by PokerStars. Saying that "the experience of opening a Chest isn't as meaningful as it could be" (of course, instead of a Porsche now you get a lovely chest for your efforts), additional modifications will be performed during 2019:

  • The chest opening frequency will be reduced by 3, increasing the value of the rewards in a similar factor (fewer chests, largest prizes in other words);
  • The boost feature will be removed (after this, there is no way to get chests at a higher rate);
  • The players will be allowed to exchange a "chest in progress" for a reward if they fail to complete the requirements;
  • The requirements for moving up and down the 6 chests levels will change: 10 chests will be required on a 28-day period.

Current "lottery" payment structure of chests rewards program.

This is not shocking, even the last month PokerStars reduced the buy-in of the popular millionaire tournament Sunday Million by half, but increased the overall rake collected by 20% (the buy-in was reduced from $200+$15 to $100+$9, doing the math before they collected $75,000 in rake and now $90,000).

In PokerStars words:

"This is a reduction in the overall amount of rewards some players will receive"

Where can I play online poker with rakeback?

Let us say first: there is a life after PokerStars. Worldpokerdeals specializes in offering top rakeback deals to poker players all over the world. For American players, Bodog Poker, Ignition, Americas Cardroom, or BetOnline make a great deal both in terms of the softness of the traffic and rakeback deals. Poker players living in Europe can enjoy the transparent rewards systems of rooms like partypoker, Betfair, or RedKings. 

And for those looking for the weakest games, the Asian poker apps we offer with full bankroll guarantee are in our opinion, an EV+ decision.

Our team will be glad assisting you in picking an online poker room that fits your needs, so now it's your turn to decide whether you want to keep opening chests or start enjoying the benefits of playing with rakeback and money guarantees.

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Stay tuned on our Telegram channel for more EV+ news

Vargoso 14.02.19
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