100% up to $500 Bonus and VIP Program at Party Poker – SIGN UP NOW!
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Party Poker Summary
Party Poker was the online poker site at the forefront of the poker boom in 2003. A lot has changed since, but Party Poker is still a top site in the online poker industry – the sixth largest site in the world. Party Poker keeps working to regain its previous glory and in 2011 they merged with bwin, another giant in the gambling industry, forming Bwin.Party Digital Entertainment. The site does not offer rakeback, but does offer players a lucrative VIP program, yielding up to 30% in rakeback equivalent. If you have already an account at bwin or Party Poker, you can still join the site where you are not registered and take advantage of the FreePokerPortal.com offer.
Party Poker offers Hold’em games in No Limit, Fixed Limit and Pot Limit. Omaha and Omaha Hi/Lo games come in Fixed Limit and Pot Limit. Stud can be found in Hi and Hi/Lo versions. Party Poker also has introduced a “Double Hold’em” game which gives players three hold cards and the ability to form two Hold’em hands after the flop. Games can be seen running at most games, with the majority of the action at No Limit Hold’em, Fixed Limit Hold’em and Pot Limit Omaha tables. Party Poker also has a fast-fold game called FastForward, which is available at the micro limit No Limit Hold’em tables. There is also great Sit N Go and Multi Table Tournament action available. Sit N Gos run in the same games as the cash games, minus Omaha Hi. Multi-table tournaments such as satellites and guaranteed tournaments are quite popular with over $15 million guaranteed each month. Popular events include the $300,000 guaranteed each Sunday and the Party Million held once a quarter.
In the aim of protecting their recreational pool of players, Party Poker is now testing a system that restricts access, to tables filled with amateur players, to the most advanced players.
New players signing up at Party are eligible for a 100% up to $500 sign-up bonus. To clear the bonus, players must earn 8 Party Points per $1 of bonus money within 90 days of the first deposit. Party Points are earned according to the amount of rake a player generates – 2 Party Points for every $1 in rake or buy-in fees, based on the weighted contributed method of calculation. This makes the bonus the equivalent of 25% in rakeback at either ring games or tournaments. The bonus will be released in 20% increments as Party Points are earned.
Party Poker does not offer rakeback, but instead provides a VIP Program that awards players with Instant Cash rewards and bonuses that yield the equivalent of up to 30% in rakeback. The Party Poker VIP Program consists of five levels that are earned according to the number of Party Points earned over a monthly or quarterly period. The higher status level that is achieved, the greater the rewards will be. Once a player has qualified for a status level, they can choose to purchase Instant Cash rewards or Bonuses. Despite having to earn additional Party Points to clear a Bonus – as opposed to Instant Cash, which as the name suggests are awarded instantly; players will always receive higher returns with the Bonuses purchases.
Players can deposit at Party Poker in a variety of ways. Party also guarantees fast cashouts with certain methods. E-wallets such as Neteller, Skrill (Moneybookers), Click2pay are popular favorites for players in many different regions, as players can deposit and withdraw through a single method. Credit and Debit cards such as Visa and Mastercard are also widely accepted. A wide variety of options are also available for specific countries. For example, Webmoney is a popular payment method in Russia. If you are based in Germany or Austria, check out Paysafecard or Giropay. Many players also are given the choice of withdrawing via a Bank Wire or Bank Transfer. Players are accessed a charge of 3 euros and 3% on all withdrawals.