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PokerChamps Poker Room Review
The CashFlow Bonus Program
Finally a bonus program without all the conditions!PokerChamps CashFlow Bonus Program beats any sign up or deposit bonus or frequent player program anywhere on the net. It continues week after week and does not stop because a sign up bonus was reached.
Whereas regular sign up bonuses are dependent on your initial deposit and a large number of raked hands before you ever see any of the cash - the CashFlow Bonus Program simply pays you back instantly.
Weekly PayDay
The CashFlow Bonus Program is a new way of making a profit from being a player at PokerChamps. You simply collect points by playing - the more you play, the more points you earn. The big difference from this program and other frequent player programs is that your player points are automatically converted to cash and transferred to your account on a weekly basis - we call it the Friday Payout.Levels, points and cash
The CashFlow Bonus Program is divided into a number of levels determining how much cash you receive in return from your points. Your level depends on the number of bonus points you earn during one week of play. You earn points from your own play as well as points from other players you have signed up.Earning Money from Bonus Points
PokerChamps share with you
All poker sites make money by taking a rake from each hand played. PokerChamps is no different from this - but instead of just keeping it for ourselves they share it with you.Level structures
You start out at bonus level 1 and as you earn points during the week you automatically advance to a higher bonus level for an increasingly better deal as you go along.Weekly reset
Each Friday your points are converted to cash and deposited into your account. Your bonus point status is then reset to zero and your level is again set to 1. The level you have reached by Friday, at 6 AM (EST) / 11AM (GMT), determines the rate at which your points are converted into cash. Before your weekly points are reset they will be added to your accumulated CashFlow Bonus account.Accumulated Bonus Points
You will be able to use your Accumulated Bonus Points in exchange for buy-in to specific Tourneys, or various merchandise in our web-store, when these options are introduced.Example
If you have earned 5,000 points you are on level 2 and your return in Dollars will be calculated as 10% of your points, meaning that US $5 will be transferred to your account. The CashFlow Bonus Program has 10 levels, each level increasing the return percentage you receive.
The table shows you examples of how bonus points are converted into real money.
| Bonus Level Table | ||||||||||||
| Level | Bonus Points | Payout % | ||||||||||
| 1 | 0 | 5% | ||||||||||
| 2 | 5,000 | 10% | ||||||||||
| 3 | 50,000 | 20% | ||||||||||
| 4 | 100,000 | 30% | ||||||||||
| 5 | 150,000 | 33% | ||||||||||
| 6 | 200,000 | 34% | ||||||||||
| 7 | 300,000 | 35% | ||||||||||
| 8 | 500,000 | 36% | ||||||||||
| 9 | 800,000 | 37% | ||||||||||
| 10 | 1,000,000 | 40% | ||||||||||
Calculating Bonus Points
Fairness
To make it as fair as possible for all PokerChamps players, PokerChamps have created a CashFlow Bonus Program that calculates your bonus points based exactly on how much of the rake you contributed to each hand played.Calculating points from your rake contribution
If you play at a table with 10 players and the pot reaches US $60 or more, PokerChamps will collect a total rake of US $3. If no one has folded at this point, your bonus points will be calculated as 1/10 of US $3 = 30 cents = 30 points. The amount PokerChamps calculate is always based on the exact amount of money you have contributed to the rake when it is taken. Thus, if you fold at an earlier stage in the game you will only get points for the amount you have contributed to the pot relative to the pot size when the total rake is taken. Example If you for instance play at a table with four players, and you choose to fold after having contributed US $10 and the pot reaches US $60 or more with the rest of the players staying in the game, US $3 will be taken in total rake and your points will be calculated as follows: You contributed US $10 to the US $60 pot, which is equal to 16,6% of the pot (10/60). Your rake contribution is now calculated as 16,6% of US $3 = 50 cents = 50 points.Converting Bonus Points to Money
The above bonus level table is used to convert your weekly points into real money.Of course this calculation and the payout is performed automatically. You can follow your earnings in the Cashier Account Overview.
Payout amount
You calculate your payout by finding your current level in the table and then taking the corresponding percentage of your bonus points. When you reach level 4 your payout will be 30%. If you have 100,000 points your payout will be 30% of 100,000 that equals US $300 in one week.Example
To reach 50,000 points you need to have participated in between 800 and 1400 hands with six to ten players seated and where the rake limit of US $3 is reached in each hand. It takes approximately one minute to finish a hand, so in other words, if you play an average of 2-3.5 hours a day during a week your direct payout from PokerChamps could be US $100 in one week! This is superior to any other frequent player program on the net!
For full information visit the Poker Champs website.
