Quote:
Originally Posted by PS SteveD
Thanks for taking such a strong interest in the PokerStars VIP club and its benefits.
At first glance I did notice a few errors in your charts. For example, tournaments should be listed with 6max and heads up games, not with full ring, as tournaments also have a 5.5x VPP earning multiplier. I also noticed that you are not including stellar rewards value for Supernova+ levels. This would add an extra $1000 value for every player who reaches 100,000 VPPs or higher. As many others have mentioned, Supernova Elite VIPs do receive very significant additional value upon reaching 1,000,000 VPPs.
Most VIP club members do receive more value that what you have listed here. Only a small percentage of FPPs are spent on Bonuses. SilverStar and GoldStar members in particular can (and often do) receive more value from their FPPs by spending them on tournament tickets, gift cards, and several other items with higher $/FPP value.
In addition, you have not included any value for the weekly, monthly, or quarterly VIP freerolls. These tournaments add a lot of value at every level of the VIP club. VIP members will earn over $6.5 million from VIP freerolls this year.
In the past PokerStars has also offered multiple reload bonuses each year. Players who took full advantage of all reload bonuses last year earned an extra $670 in value. There has already been one reload bonus worth up to $150 this year. Participation in PokerStars reload bonuses does not in any way deduct from what players can receive through our VIP Club. This is in fact true of all PokerStars promotions, earning rewards in one way never reduces the value of other rewards earned.
Again, thanks for taking the time to put this together in an effort to help inform your fellow players. If you have any questions about how to calculate value, please don't hesitate to ask.
thanks for taking the time to respond, but it's still hard to walk away from this without the impression that poker stars enjoys/benefits from the overall ambiguity surrounding the value of the vpp program
the industry standard is to state rakeback in terms of a percentage of rake paid, either contributed or dealt. stars not only does not feature this model, it seems to decline requests to state its model in these terms.
steved notes that stars gives players additional value beyond FPPs, but nearly all sites have additional incentives such as reload bonuses, point accumulation that can purchases items in a store, etc. i cannot claim to speak with authority on the frequency of bonuses offered at various sites, but a rough recollection of the last year suggests stars wasn't really far above or behind the industry in this measurement.
as far as the store, full tilt et al have these in addition to rakeback, whereas on stars the store is the only outlet to achieve some rakeback equivalency.
stars also has some freerolls and whatnot, but i don't believe the value is great enough to make them a solid time investment for many people who have achieved supernova.
thus it is somewhat disingenuous to claim that the OP's model, meant to compare stars VIP program to FTP, AP, etc., is not a somewhat complete effort.