PokerKing Rakeback Deal and Review
Pokerking Rakeback Deal
ItalyPokerDeals offers players worldwide a nice suit of benefits at Winning Poker Network (WPN) with the following Pokerking rakeback deal:
- First Deposit Bonus – 100% up to $2,000 with no bonus code required, released in 1$ increments
- Royal Club VIP System – 6 VIP levels with up to 65% Pokerking rakeback for grinders
- The Beast Cash Games Rake Race – weekly leaderboard for with great prizes
- Sit & Crush Race for SNG players – weekly prizes for Sit & Go players
- Private Rakeback deal for high volume rake players only
Royal Club VIP system details
Pokerking VIP system consists of a 6 levels loyalty scheme called Royal Club, which is designed to reward most active players with rakeback from 12% up to 65%, depending on their acquired status points. The more they climb the VIP ladder, the more points they will receive, which will allow them to convert them into cash at a higher rakeback rate, according to the available multiplier per level.
It is worth mentioning that the first batch of 4 VIP levels: bronze, silver, gold and platinum is being updated on a monthly basis, whereas Royal and King VIP levels are being offered once per year. Players receive 5.5 Status Points for every $1 paid in rake, meaning that they can maximize the absolute cashback they receive by simply spending more time at the tables. However, to get more cash rewards for the same amount of points, they need to wait until reaching the next level.
This happens because status points are converted into Royalty points using a different multiplier for each level. The higher your VIP level, the more Royalty Points players get for the same amount of SPs, thus increasing the overal rakeback they eventually receive. To convert Royal Points into cash, all they need to do is to go into client’s cashier at Rewards tab – Loyalty – Exchange Points.
While it takes plenty of Status Points to increase your VIP level, the effort needed to maintain those VIP levels is much lower. Therefore, once you have acquired a certain level, you need half of these points required to acquire that level so that you can maintain your current rakeback benefits.
In some way, Royal Club VIP System is similar to the Supernova Elite VIP system which was used by Pokerstars to reward high volume rake grinders. If you think about the combined benefits from VIP system as well as rake races, heavy grinders can get up to 75% rakeback throughout the year. However, it is quite easily even for low volume players to get their fair share of rakeback of about 20%.
Besides earning money for exchanging royalty points into cash, players can also redeem extra prizes for reaching certain milestones througout the year, like for instance reaching a certain level of Status Points. These additional benefits can be viewed by checking the achievements section.
Pokerking Cashier (Deposit and withdrawal methods)
The off-shore online poker site offers plenty of accessible deposit and withdrawal methods, having direct cashier. Thus, Pokerking allows players to use the following payment methods:
- Visa and Mastercard debit cards
- Skrill and Neteller e-wallets
- Bitcoin cryptocurrency
While the minimum deposit amount is just about $5 when using Skrill, Neteller or Bitcoin, there is a difference when using Visa or Mastercard, where the minimum amount is $25. Moreover, to be eligible to harvest the first deposit bonus issued by Pokerking, the minimum deposit is also $25.
When it comes to withdrawals, they are usually processed within 3 business days. However, the maximum amount per withdrawal is $2,500 when using Visa or Mastercard. On top of that, while the first withdrawal made every month is free of charge, the additional cashouts are charged with 5%. If you made any deposit without using the funds at the tables, you still have to pay a 3% cashout fee.
Pokerking is one of the few WPN skins allowing the usage of e-wallets such as Skrill, Neteller or even ecoPayz most recently. While all these methods are trustworthy and easy to use, the poker room might require some documents to verify your withdrawals such as utility bills or a copy of your ID.
Pokerking Traffic and Games Overview
Pokerking is one of the main skins of the off-shore Winning Poker Network (WPN), which has few restrictions and allows players from most countries to join the US friendly player pool. It used to offer great traffic in the past, but due to latest online poker trends and very rewarding VIP system, the average number of players is declining lately, with plenty of regulars at the tables.
A big disadvantage is that peak hours happen at inconvenient time for Europeans poker players. However, being an off-shore poker network, here you can also find casual players from several restricted markets such as United States, Turkey, Portugal, Spain, Israel or other soft reservations.
According to Pokerscout traffic report, WPN is no longer one of the top 10 poker sites in terms of traffic. However, it still hosts more than 500 players during peak hours, offering plenty of games and poker variants, but most of the traffic usually takes place at No Limit Texas Holdem cash tables, which are available in several formats: 9-max, 6-max or heads up. The lowest stakes available are of course NL5, while the highest ones NL5K. While full ring tables are available, 6-max games are more popular. Omaha is also popular at Pokerking in several variations: pot limit, no limit or Omaha Hi-Lo.
Besides the traditional cash tables, players can also try Blitz poker, which is the Zoom equivalent of fast-fold at Pokerking. This allows you to play more hands per hour than at the standard cash tables. Blitz poker is also the only cash game which is available for mobile play, attracting casual players.
Another interesting feature offered by Pokerking are Bomb Pots, which were introduced recently to improve the games softness. Basically, unique hands take place up to 4 times per hour at these special tables, where instead of blinds players join with 4BB antes and the game starts after the flop.
WPN is popular also for its wide range of poker tournaments, which are available with low entry fees of just ten cents up to high buy ins of $1,000 for those having larger bankrolls. Pokerking offers both Holdem and Omaha events with freezouts, deep stacks and knockouts to choose from. Besides weekly guaranteed prizes of more than $3 million, Pokerking also holds Online Super Series Cub3d several times per year, where players can win their share of a massive $10 million in GTD prizes. The most impressive MTT which is hosted by the WPN skin is called The Venom, where the winner of one of the most recent events managed to earn an incredible amount of more than 1 million dollars.
Although Spin and Go’s are not that popular, you can still find plenty of games in several formats, such as regular, turbo or hyper-turbo with both 6-max and 9-max tables. Entry buy-ins range from $1.65 up to $108, while lottery tournaments are also available, being called JackPots.
Pokerking Rake Structure
Pokerking attracts a lot of regular players due to its high rakeback deal, which is really impressive. However, you may wonder what about the rake structure? While it uses a straightforward weighted contributed rake method, the good thing is being charged only after hitting the flop.
The disadvantage is that the rake is pretty high for cash tables, not because of the rake percentage which is 5% for both Texas Holdem and Omaha, but rather due to the high cap of up to $3. However, the cap amounts are lower for tables with less than 5 players (for example when playing heads up).
For stakes above NL200, the cap increase is only marginal, making it worthwhile for grinding. The rake percentage fluctuates when it comes to tournaments between 2% and 10%, while for spin and go’s players pay 6% in rake. All in all, players can reduce rake impact through high rakeback deals.
Pokerking Tracking, software features, account access and details
While Pokerking software is not available for Android or iOS devices, the poker client can be downloaded for both Windows and Mac operating systems, the lobby being easy to navigate and offering plenty of filters for players to choose from: game type, format, speed, buy-ins etc.
As part of Winning Poker Network (WPN), Pokerking supports poker trackers such as Holdem Manager or Pokertracker, allowing players to use and customize their own HUD at the tables. Moreover, the software has been tested by iTech Labs, an independent organization which concluded that the random number generater (RNG) works properly and the software is safe to use.
The software allows multi-tabling, making it a very good choice for poker grinders online. When it comes to casual players, they can also join the tables via mobile in browser for JackPot spins or Blitz poker games. However, mobile apps are not available yet but may be released soon.
According to their official website, players from the following territories cannot open an account: United States, Spain, Belgium, France, Netherlands, Italy, Greece, Israel, Bulgaria, Portugal, Sweden and Australia. However, other skins of the Winning Poker Network might allow players from these countries, especially those ones where you can use cryptocurrencies exclusively. Also, there might be countries where players might be prohibited to join Pokerking according to national laws, but where joining Pokerking is not restricted by the WPN skin, so you can play on your own risk.
Those who are restricted on their website can still join the poker room through Pokerking mirror, in order to bypass geographical barriers. Once you have downloaded the client, you no longer need to use it. Alternatively, you can also use other proxies like VPNs. If you have any questions regarding how you can join Pokerking, you may contact our customer service team via skype ID: italy_pkr
When it comes to bonuses, players get a first deposit bonus of 100% up to $2,000 once they deposit, which can be released in $1 increments for every 27.5 Status Points. Taking into account that you also receive 5.5 SPs for every dollar paid in rake, this means that the welcome bonus is equivalent to 20% rakeback until it is cleared within the 60 days period after the deposit was made.
It is worth noting that in order to be eligible to receive the first deposit bonus, the minimum amount required for your initial deposit is $25, while the maximum amount is of course $2,000, with no Pokerking bonus code required. Thus, once you make your initial deposit, the Pokerking bonus will automatically be credited to your account in spite of what game types or formats you decide to play.
There are plenty of Pokerking promotions which are introduced for casual players constantly. However, the most relevant Pokerking promotions for regular players are the rake races which can boost their overal Pokerking rakeback deal: The Beast and Sit & Crush
The Beast rake race basically offers a weekly leaderboard for cash players, running from Saturday until Friday evening, while Pokerking credits the cash proceeds every Monday. It is very interesting that the number of winning players has increased from 400 to 600, which increased the competition among regular players who want to harvest the extra cash rewards.
Sit & Crush is a weekly proggresive race designed to reward SNG players with thousands of dollars in cash and free tournament tickets by playing their favourite Sit & Go games, including JackPot Spins.
Casual players are also attracted by the high guaranteed prizes offered through Pokerking tournaments. Million Dollar Sundays are basically tournaments with guaranteed prizes of 1 million dollars. Recreational players with lower bankrolls can qualify for the tournament with low entry fees.
Pokerking is the flagship of the off-shore Winning Poker Network (WPN), being licensed in Curacao. While you are not allowed to join from US, it shares a US friendly player pool together with other WPN skins such as BlackChipPoker or Americas Cardroom. Founded in 2011, Pokerking is one of the most reputable online gaming operators with a cutting edge software created by IGSoft, high guaranteed MTT prizes and one of the highest rakeback deals in the industry for regular players.
Pokerking is owned by King Enterprises N.V. and according to their CEO, Vinko Dobrosevic, its business model has been designed to attract recreational players through Pokerking promotions. While you can find casual players from all over the world, Pokerking is rather a great choice for regulars who want to harvest Pokerking rakeback. Not surprisingly, you can find a lot of poker grinders online who enjoy multi-tabling. Thus, the games softness has decreased over the last years, together with the overall traffic. If we think about cash games alone the traffic has been reduced by 50% as compared to previous years.
Pokerking is one of the most well-known brands of Winning Poker Network, being a great choice for regulars worldwide, who can harvest the nice Pokerking bonus of 100% up to $2,000 and up to 75% rakeback they can get through the Royal VIP Club as well as the weekly rake chases such as The Beast or Sit & Crush. It is especially suited for high stakes grinders given the high rake cap at microstakes. The only downside of multi-tabling at Pokerking is the decreasing traffic.
The MTT offering remains very attractive for recreational players given the high guaranteed prizes. The Venom is the largest of all Pokerking tournaments, where previously the first place was rewarded with more than 1 million dollars. Due to the fact that it is part of an off-shore poker network, Pokerking can host a diverse player pool, bypassing geographical barriers. Here you can find not only US players, but also from other restricted countries like Turkey, Spain, Italy or Israel.
The fact that you can join this poker room from almost anywhere on the globe is a rare thing in today’s online gambling environment, with so many segregated markets all over the place. Also, being able to use the HUD at the tables without any hand converter is something you won’t find on many places today.
This makes Pokerking an excellent choice in today’s competitive market environment, especially for high volume rake grinders. If you want to benefit from the highest Pokerking rakeback deal available, please get in touch with us via skype ID: italy_pkr to offer you a customized deal, that allows you to maximize your cashback while multi-tabling your favourite Texas Holdem and Omaha cash games.
For those of you who already have an old account opened at Pokerking some time ago, you may also get in touch with us with a retag request, mentioning your full name, username and e-mail used for registration so that you can start playing again and winning at Winning Poker Network (WPN).