A month ago, Pokerstars introduced a new rakeback system to improve fairness and transparency.
The new system gives players flat rakeback and helps players who don’t play significant volume to get some money back.
- Read more details about the new rakeback system at PokerStars.
After Pokerstars announced the new rakeback deal, GGPoker responded with an enticing new promo rakeback deal.
GGPoker allowed their players to activate a new tier of rakeback that would provide them with a 50 percent rakeback. The players who decided to activate the “Killer Whale” promo rakeback will have it for 100 days.
After 100 days expire, players will be downgraded to a lower tier of rakeback, giving them 35 percent of rakeback.
What is different about the GG’s rakeback is that it is calculated through the PVI system.
How does the PVI system work?
The starting PVI coefficient for a player is 1.0; with that, the player would get 100 percent of the rakeback announced in their tier.
For example, if a player has a PVI coefficient of 1.0, they would be awarded a complete 50 percent rakeback with his “Killer Whale” tier.
However, this changes in cases where the player has a higher win rate or volume where their PVI coefficient will drop below 1.0, depending on how high his win rate is or how much volume he plays.
For example, if a player’s PVI drops to 0.5 or 0.33, they will only be entitled to half or a third of the announced rakeback of his tier. So regulars who are winners at the games and play a lot will get less rakeback than a losing or low-volume player.
This is nothing new, as iPoker has had a similar PVI system for many years with a stated purpose of improving the overall ecology of the network by providing greater rewards to net depositing players.
- The full formula of how the PVI system works is undisclosed, you can see what players have found out about PVI in our article.
