OlyBet awards each and every one of its loyal customers with different benefits based on their VIP level to redeem cash or to enter into tournaments.
Earning and maintaining VIP levels
- Becoming a Poker VIP Club member is easy - just start playing poker and with it you’ll start earning player points. The more points you earn the higher the VIP level!
- VIP level is adjusted up immediately when player has earned enough points for corresponding level. Player can move up multiple levels per month.
- We give you 50% discount to maintain your VIP Level. Your VIP level is adjusted down only if you gain less than 50% of the required points for corresponding level in one month. If you don’t meet the maintain criteria your VIP level is downgraded after 30 days.
Here are the VIP levels and the points needed to reach them:
| VIP-level |
Standard |
Bronze |
Silver |
Gold |
Platinum |
Diamond |
|
Points needed to reach the level: |
0 |
1000 |
3000 |
10 000 |
40 000 |
Team Elite |
|
Points needed to maintain the level: |
0 |
500 |
1500 |
5 000 |
20 000 |
Team Elite |
-
Earning player points
For every raked €1 you’ll earn 35,6 points to which then is added the VIP level extra value percentage.
| VIP-level |
Standard |
Bronze |
Silver |
Gold |
Platinum |
Diamond |
|
Extra value % |
0% |
12,5% |
15% |
20% |
25% |
25% |
|
Total points for €1 raked |
35,6 |
40 |
41 |
42,7 |
44,5 |
44,5 |
*points are valid for 365 days
NB! Your Loyalty Points balance is made up of Tier and Bonus Loyalty Points. When you play for real money, you earn Tier Loyalty Points. Extra Loyalty Points earned from Specials and Tier Bonuses are Bonus Loyalty Points. Only Tier Loyalty Points contribute to upgrading you to the next Loyalty Tier. However, Tier and Bonus Loyalty Points have the same value when you redeem them.
-
Up to 30% cashback!
You can exchange points for cash according to your VIP level which starting from Platinum level is 30% of rake paid! The exchange rate is 100 points to $1 cash. The points exceeding the rakeback limit can be used for tournament buy-ins.
| VIP-level |
Standard |
Bronze |
Silver |
Gold |
Platinum |
Diamond |
|
Rakeback limit |
0% |
10% |
15% |
20% |
30% |
30% |
NB! Exchange for cash is based on lifetime calculation. Example: You pay 500€ rake during first month, you will achieve Gold level and you receive 20% rakeback. (Rake 500€ = 100€ rakeback). Now you play again after 2 months, your VIP level goes down to Bronze level (10% rakeback) and you pay 50€ rake. Since in total you have paid rake 550€ and received rakeback 100€ (~18%), you will not get any cashable points and you can use your points only for tournament buy ins.
