What is rake?
Rake is the money Iberobet charges our players for the services we provide. This is deducted from each pot in cash games. The current rake structure is presented in our Poker Rules Section. If you only play with FunMoney there is no rake.
What are VIP-points and how do I use them?
1 VIP point is rewarded for each €0.50, which has been contributed in rake. When a player bets money into the pot, he/she also contributes an amount in the rake. The amount of VIP-points awarded to the player per hand is based on the player’s contribution into the pot and consequently to the rake. If the player’s rake contribution is less than €0.50, then the player is awarded with partial VIP-points. A player can earn up to 3 VIP points per hand. The players that do not contribute any money into the pot are not rewarded with any VIP-points.
VIP points are also rewarded for the participation in tournaments. If the player participates in a tournament, he/she is rewarded with VIP points to a rate of 1 (one) VIP point for each €0.50 paid in the tournament fee. No VIP points are awarded if VIP points were used to settle the buy-in cost.
VIP points can be used as a payment for online tournament buy-ins but the value of 1 (one) VIP point in this case shall not exceed €0.01 (100VIP = €1 buy-in).
In NetEnt Casino, 1 VIP point is awarded for every €1 wagered at slot machines. Casino VIP points are not combined with Poker VIP points and therefore not counted towards any pending bonuses.
Example:
Game: Texas Holdem €1/2 No Limit
Players: 6
Player A bets €1 (small blind) into the pot
Player B bets €2 (big blind) into the pot
Player C bets €40 into the pot
Player D bets €40 into the pot
Player E folds
Player F folds
The total pot of this hand is €83 and the rake is €3.
Player | Pot | Contribution | Rake Contribution | Awarded VIP points |
A | €1/€83 | 1.2% | €0.036 | 0.07 |
B | €2/€83 | 2.4% | €0.072 | 0.14 |
C | €40/€83 | 48.2% | €1.446 | 2.89 |
D | €40/€83 | 48.2% | €1.446 | 2.89 |
E | €0/€83 | 0.0% | €0 | 0.00 |
F | €0/€83 | 0.0% | €0 | 0.00 |
How do I use VIP-points?
Your VIP points can be used as “buy-in” in tournaments. The VIP points can also be used for different promotions that we offer to our frequent players and also in our VIP Shop. For more frequent withdrawals there is a fee of €10 or you can choose to trade 200 VIP Points.
What current promotions are we offering that have VIP point requirements?
Promotion | Prize Pool & Value | VIP point Requirement | Valid period to earn VIP Points | Tournament Date | Tournament Time |
EMOP™ | 7 EMOP™ Packages - €10,000 | 10 | n/a | ******** | 19:00 CET |
EMOP™ | 3 EMOP™ Packages - €3,300 | 1 | 26th Jan until Freeroll starts | *********** | 19:00 CET |
EMOP™ | 5 EMOP™ Packages - €8,000 | 200 | 1st Feb until Satellite starts | *********** | 20:30CET |
EMOP™ | 5 EMOP™ Packages - €8,000 | 500 | 1st Feb until Satellite starts | *********** | 20:30CET |
EMOP™ | 5 EMOP™ Packages - €8,000 | 2500 | 1st Feb until Super Satellite starts | *********** | 20:30CET |