- Rakeback Site: Everest Poker
- Rakeback Method: Dealt
- Rakeback Percentage: Up to 50%
- Rakeback Payments: Instant
- Tournament Rakeback: Yes
Everest Poker has one of the most unique and rewarding rakeback programs, although it is not considered a traditional online poker rakeback deal. Rakeback is not paid in the normal sense, but rather as cash rewards to all VIP members based on their point generation each month. Since points are awarded in regards to the rake, it is equivalent to earning rakeback from Everest Poker.
Your VIP status will have a profound effect on the height of your cash rewards. There are 7 plateaus in the Everest Poker VIP Program, a.k.a. the Summit Club’s Base Camp, Camp I, Camp II, Camp III, Camp IV The Death Zone and The Summit. We’re detailed the benefits of each, and how to reach them via Summit Points (SP) below.
Base Camp VIP
- Points Required: 300 per month
- SP Bonus Rate: 200%
- Points to Cash: 12,500 MP = $50
Camp I VIP
- Points Required: 1,000 per month
- SP Bonus Rate: 300%
- Points to Cash: 25,000 MP = $100
Camp II VIP
- Points Required: 2,500 per month
- SP Bonus Rate: 400%
- Points to Cash: 62,500 MP = $250
Camp III VIP
- Points Required: 6,000 per month
- SP Bonus Rate: 500%
- Points to Cash: 125,000 MP = $500
Camp IV VIP
- Points Required: 15,000 per month
- SP Bonus Rate: 650%
- Points to Cash: 375,000 MP = $1,500
The Death Zone
- Points Required: 30,000 per month
- SP Bonus Rate: 750%
- Points to Cash: 500,000 MP = $2,000
The Summit
- Points Required: 50,000 per month
- SP Bonus Rate: 900%
- Points to Cash: 1,250,000 MP = $5,000
To earn the required SP (Summit Points) to gain levels and trade for cash you’ll need to play real money online poker games at Everest Poker. Whether it’s a cash game or a tournament, you can rack up SP pretty quickly.
The number of points earned at a cash game table depends on the number of seats, whether they are occupied by players or not. At a 10-seat table, players receive 1 SP per $1 raked. At 6-mx tables, players receive 1.4 SP per $1 raked. At a heads-up cash game, it’s 3.4 SP per $1 raked.
You do not have to contribute to the pot to receive points. So long as you were dealt cards, and the hand is raked, you’ll get SP.
Every $1 paid in tournament fees is worth 8 SP.
At the highest Summit Level, members of the Everest Poker VIP Program can generate enough points to trade for $5,000 in cash rewards. That amounts to an equivalent of 50% rakeback at Everest Poker.
Everest Poker VIP Program Signup Instructions
The steps below will help you join the Everest Poker VIP Program in just a few minutes.
Download & Register: Click here to download Everest Poker. Follow the set-up instructions, then register a new player account.
Submit Player Name for Tracking Purposes and Entry to Extra Promotions: Come back here and submit your new Everest Poker player name. This ensures inclusion in all of our Everest Poker rakeback promotions, including special freeroll invitations, rake chases and rake races.
Deposit: finally go to the Everest Poker cashier and make an initial deposit. You’ll receive an instant $200 welcome bonus, no matter how much you deposit (minimum $10 deposit required). Every SP you earn is worth $0.06 of the bonus, instantly released into your real cash balance for use at the tables, or to withdrawal as you please.
Everest Poker Rakeback Tracking And Payments
Since Everest Poker rakeback is not earned in the traditional manner, we cannot track your earnings. However, submitting your player name with us will get you invited to all Everest Poker promotions, including rake chases, rake races and freerolls, promoted by our web site.
Your cash bonuses, earned via the Everest Poker VIP Program, are paid directly to your poker account the moment you redeem your points for cash.