Posts Tagged ‘PokerStars rewards changes’

PokerStars Makes Yet Another Change to Rewards

Sunday, February 17th, 2019

stars-rewardsPokerStars has generated plenty of negative headlines for unfavorable rewards-program changes. They’re not about to receive any positive press for their latest move either.

The world’s largest poker site has announced that they’re lowering the amount of tournament points that Stars Rewards players receive. Players will now only get 45 points per dollar spent on multi-table tournament fees, which is down from 100 points – a 55% decrease.

Why Did PokerStars Reduce Poker Tournament Rewards?

According to PokerStars, they plan on allocating some of the money that previously went to rewards towards bigger tournament series. Here’s their explanation:

“This is a reduction in the overall amount of rewards some players will receive. But it’s made in an area that we believe will have the least impact on their experience and enable us to place even more focus where we know it matters most.

“This includes offering the largest tournament guarantees like the €20m Winter Series guarantee in Southern Europe as well as record-breaking COOPs and Sunday Millions, and providing the most exciting live event experiences in poker.”

Expect Other Potential Changes in the Future

PokerStars alluded to how they’re probably not done making changes to Stars Rewards. Given their past history, it wouldn’t be shocking to see more cuts that hurt players’ bottom line.

Of course, every time that Stars reduces rewards, they try putting a positive spin on the matter. This time, they’re pumping the €20m Winter Series as a reason.

But if the Winter Series meets or exceeds all of its guarantees, then the rewards aren’t really being allocated towards the tournament series. Basically, this move is just another designed to help the Stars Group’s overall profit margin.

They’re entirely within their rights to make good business decisions. After all, online poker traffic has declined within the past several years. However, most poker players still aren’t going to be happy about the matter.