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Hi all,
As you've probably noticed, Sky Poker Rewards has now replaced our long-serving 'Cash For Points' promotion.
This time, you get more cash per point you earn, so the more you play, the more we will reward you with!
Enjoy!
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Comments
Obviously there are lots of permutations but this is what I came up with assuming that you were playing cash so you're only getting 6 points per £1.
Under the Cash for Points system I earned 2929 Points @ 1.2p/Point = £35.15
Under the New Sky Poker Rewards System 2929 Points @ 1p/Point = £29.29
So I am worse off with the new system?
Some people will be better off, some worse off, 2k - 4.99k is obv worse off, with 100 - 1.99k being better off and likewise for the bottom and top half of each tier.
- 3000 - 4999 points = 1.5p per point
- 5000 - 9999 points = 2.0p per point
- 10,000 - 19999 points = 20% Rakeback
- 20,000 - 29999 points = 25% Rakeback
- 30,000+ points = 30% Rakeback
While cash players are only getting 6points per £1 of rake, once you get to Priority it shouldn't matter anyway cos it's just a % of the rake you pay, so to earn 10000 as a cash player you pay £1666 rake and get £333 back, whereas if you earned 10,000 from SnGs, you'd have only paid £1000 rake so wuold only get £200 back.
So it has evened the scores.
My question is now redundant Jordan
Simply not true ^^
Player rakes £3k in month (18k points), a fair amount of rake in today's climate.
Cash for points = £612
C4P 3 Months = £720
New System = £600
Which is a very small part of the player pool
As we have seen in the past, there are going to be some examples of people getting more and some less. But overall, as some have already pointed out, it will benefit many more players.
We're naturally are trying to balance lots of things to make it accessible to many, keeping it simpler to understand and recognising / rewarding loyal customers too.
Far more people will get a bonus than did previously.
Also, do remember that other rewards and promotions will be coming on top of this so this is not all the value that will be available at Sky Poker.
But I can see a lot of people that will have the hump.
The last time c4p's were changed the initial payment(i.e. 500,1000,2000,etc) payed less but this was off set by a smoother graduated pay-out structure.This system seems to re-introduce bigger steps to the pay-out structure which means re-introducing the end of month dash to the next level(at the lower to mid levels).
Mind you saying that what is the difference between 5000 - 9999 points = 2.0p per point & 10,000 - 19999 points = 20% Rakeback?9999 x 2p=£199.98 & 10000 x 20%=£200(at 10 points per £ of rake)
20k - £833
30k - £1500
40k - £2000
the figures starti dropping if sng/mtt are involved as you get more points per pound, same with happy hours
Assuming you ONLY play cash which I'm pretty sure you do then....
Just to repeat, other offers are coming to compliment and add to this offer. Sky Poker rewards is though the foundation of various rewards and promotions we offer.
Thanks for the feedback.