Should i stay or should i go?

Party poker has a rakeback system and loyalty program which allows you to collect so called 'reward point' which you can use to buy money in their store ( normally it's the other way around, but hey... this is pokerworld! ).

Reward points are gathered by playing money tables and are multiplied by a certain loyalty factor to form your total reward points which you can spent on money.

This is how it looks like in a fancy overview.

If I understand everything correctly there are weekly goals which should be met to release your partypoints to your partypoints total and to maintain your loyalty status.  This all means that you can acquire a certain predefined maximum amount of reward points in one week. This amount is being calculated by looking at your regular amount of play. ( In my case this keeps growing but at some point a stable amount should be reached ).

This week I can acquire 142 point times my current multiplier 3.2 = 4,54$   ( Note that i recently started playing again so this number should be alot higher later on )

Yesterday I generated 76$ of rake according to holdem manager by playing 1134 hand of 50 NL. This earned me 98 partypoints x 3.2 is roughly 3$ which basically means a rakeback of about 4%.

4%!!!!! :S

Ok but i'm only a King Level 2 according to their loyalty program, what about the other loyalty levels, how high will the loyalty factor become?

See the following chart:

So, 7.5 is the highest factor available, this will probably require a ridiculous amount of play but let's say we reach it, how much % rakeback will we get.

Let's take the example from above: 98 partypoints x 7,5 = 7,50$ = roughly 10%

Hmmmm....  

To make up for this there's a few reload bonuses but i believe that's pretty normal for every site.  Right now a 15% extra ( max 100$ ) bonus...

I used to send some money around to take advantage of these bonuses ( which i think is quite silly ) but I guess that's how most sites work.

Maybe it's time to take a look at some other clients and the rakeback/bonusses they're offering.

I should note that i occasionaly play jackpot tables which cost additional rake and i don't know exactly if this rake is included in the rake holdem manager displays.

 

Todays results:

833 hands +54$  21.8 (VP$IP)  / 17.9 (PFR) / 8.7 (3b) 3.95 (AG).

 

B.t.w. some article i found about poker and zen

http://www.howardlederer.com/howard-lederer-poker-article9.html