PokerStars confirms new rewards program: Chests
Do you think it's good for the future of poker and growth in number of recreational players that stars is adopting a very, very popular system that many big e-sports games have started to use which is a randomized chest where you pay a set $$$ like $3 to randomly get something worth 0.02 to $500+ similar to a slot machine with very poor return on investment - but in our case we are paying with our rakeback essentially to potentially get money back , or tickets, or bonuses etc ?
Or do you think it is yet another very poor direction that amaya is taking with pokerstars?
Rolling out Stars Rewards
by Severin Rasset on May 17, 2017 7:00 AM
I'm happy to announce that this summer we will be launching Stars Rewards, our new rewards program. Stars Rewards is an integrated rewards program that will offer an exciting, personalised gaming experience that rewards players for their play in poker, casino, and sports (where available) making every game count.
Stars Rewards gives you Chests that ...
https://www.pokerstars.com/en/blog/corpo...
I emailed asking if they can release the odds for the prizes to see how much of a cut we are getting but was told they do not have that info at this time to release.
(Making this thread since we finally have a confirmation on what the VIP rewards system is going to turn into, was posted in the other 2016 made VIP thread but was buried 1200 posts in, in a discussion on if stars is going to start stealing deposits - thought it was good for everyone to know what to look forward to (or plan to ditch stars) by summer.)
They did say you have to finish your old chest before you get switched to the new system.
Yea Ill finish it soon and report back
That's weird it told me to upgrade to the .com client from .eu thought it was the new rewards system but nothing. Oh my days lost all my notes ffs.
You most likely did not lose the notes. Here's what you have to do. Close the client first.
In C:\Users\name_of_ur_pc\AppData\Local\PokerStars.EU there is a file called "notes.stars_id.xml.bak". Make a backup of it first. Then you have to remove ".bak" from its name and confirm the change. That's it.
The AppData folder might be hidden by default, in which case google is your friend.
FYI from Discord if you completed a chest yesterday
We launched later yesterday than planned and we are aware of some players who were excited to join the new program yesterday upon completion of their progress bar but due to the delayed launch remained on the old program. If you earned a chest yesterday (22nd January) before the new program launched and would like to move to the new program please contact support who can assign you and pro-rata credit you for any progress made on your current progress bar.
Yeah looks like its the new rakeback for me now I completed the chest and got a message about getting an easier chest or something. Now I have to complete 0/5 chests. But the deal is still there.
Thx for the help azartists and mato4
Pls help a brainlet how many points do you need to get each day to get select + ?
https://www.pokerstars.com/stars-rewards...
After reading over the new rewards system on Pokerstars today, it definitely looks like the system is worse for the casual and non-professional players. To be able to access extra rewards at select, it looks like you would need to spend over $1,000 in MTT buy ins per day, everyday for three months. This is well above my buy in amounts. It seems like only Diamond or Black players would be able to achieve the Select status.
It seems like the rakeback % is increased for Gold and Silver, which are now at 25% and 20%. Gold used to be 20%, but I don't recall what Silver was. 18.5% maybe? But players who can only maintain Gold or Silver won't have enough volume to get any extra rewards, which caps their rakeback at these percentages.
Did the rewards start yet? The chest progress bar did increase after playing a bit. Someone said you have to finish whatever current chest you are on before you start getting this new rakeback?
Did the rewards start yet? The chest progress bar did increase after playing a bit. Someone said you have to finish whatever current chest you are on before you start getting this new rakeback?
Yes that's right, once you've finished the chest you're on now you will be moved to the new system.
Did the rewards start yet? The chest progress bar did increase after playing a bit. Someone said you have to finish whatever current chest you are on before you start getting this new rakeback?
This is useful to help understand the changes
This is useful to help understand the changes
I'm still a bit confused does select kick in this year or next year? Why do they say you can apply for it? Guess I'll apply then lel
The new rewards system is very much geared towards high stakes regs and is unfortunately a crushing disappointment to all medium/low/micro stakes regs and all recs at every stake.
I'm sure PS have done their research before launching this but it appears they are trying to "corner" the high stakes reg market and sending the message that they don't care about rewarding regs at all of the other stakes.
They increased the rake requirements for earning a single chest at every level but did not increase the 28 days time limit to complete a single chest to compensate.
As a simple example, say in the old system you were earning a single Diamond chest within every 28 day period. You had to rake a minimum of $375 in order to get the 20% cashback reward of $75 (this was also often complemented with some additional rakeback through weekly challenges).
In the new system, the same player is now automatically earning a Gold chest and have to rake a minimum of $500 in order to get 25% rakeback of $125 (with no additional rakeback from weekly challenges like before).
Yes, the rakeback percentage itself is better for you but to earn it you now need to rake $500 instead of $375 which naturally takes longer - 33.3% longer - yet the 28 day time limit for your chest has not been increased to compensate for this.
Even if that same player then starts aiming for 2 Silver chests (instead of 1 Gold) they now need to rake $400 to get a 20% cashback reward of $80. In this case, you're now only getting the same rakeback percentage as the old diamond chests in the old rewards system (i.e. 20%) but you still have to rake an additional $25 in the new system which again naturally takes a little bit longer - 6.66% longer - and again, in the new reward system you don't get any weekly challenges to supplement this either.
Unless you're one of those high stakes regs who has qualified for Select or Select+, PS are just whizzing on you but telling you "it's just raining".
The new rewards system is very much geared towards high stakes regs and is unfortunately a crushing disappointment to all medium/low/micro stakes regs and all recs at every stake.
I'm sure PS have done their research before launching this but it appears they are trying to "corner" the high stakes reg market and sending the message that they don't care about rewarding regs at all of the other stakes.
They increased the rake requirements for earning a single chest at every level but did not increase
It's not for highstakes guys. You get table capped to 4 tables and there's barely any 1k+ games running.
Close to impossible to rake 50k+ at highstakes in current climate.
Nothing tilts me more than near worthless chests I remember couple years ago some regs got less than 2% rakeback.
Nothing tilts me more than near worthless chests I remember couple years ago some regs got less than 2% rakeback.
i've played stars all through the period where i got 2% rb for over 2 years... games and software were good back then so it was all worth it but the new RB is definitely an improvement of those chests. Compared to the last system it doenst seem to be the case unless you play a very high rake enviroment (hyper sng, 500zoom or something).
But for regular cash game players the table cap of 4 seems to counteract this new RB system. Increasing the cap to 6 seems to make a lot of sense so there are more tables running and players on low/mid stakes can actually rake in enough to get a quality RB.
The new rewards system is very much geared towards high stakes regs and is unfortunately a crushing disappointment to all medium/low/micro stakes regs and all recs at every stake.
I'm sure PS have done their research before launching this but it appears they are trying to "corner" the high stakes reg market and sending the message that they don't care about rewarding regs at all of the other stakes.
They increased the rake requirements for earning a single chest at every level but did not increase
I wouldn't know about high stakes but its essentially cut my rakeback in half if I manage to complete the chest that is. I had a 40% $340 challenge that I could just about complete once a week, I'd also get 1 or two plat chests a week for $75.
As luck would have it I completed a plat chest on Sunday and the one I had for this week was going to bump me up black. Completed the last plat one today and I'm on Black now. Have until the 23rd Feb to rake $2500, can't see that happening. Thats too much volume for me.
Yeah maybe "high stakes" wasn't the right terminology. The higher end of medium stakes like 200NL and above.
What stakes are you playing to be raking $850 per week?
