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Interest bearing poker accounts

Discussion in 'Casinomeister's Poker Room' started by jetset, Aug 31, 2007.

    Aug 31, 2007
  1. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    A GAMBLING ACCOUNT THAT ATTRACTS INTEREST!

    Absolute Poker launches 9 percent interest accounts for Elite VIP Members

    The latest marketing move by Absolute Poker - the availability of interest bearing gambling accounts for Veep players - is currently making waves in the online poker sector as a service long advocated by regular players.

    Starting September 1st, Elite VIP members at Absolute will earn 9 percent interest per annum on their account balances under a newly introduced policy.

    "We've taken the Elite level of our VIP program from rewarding to extraordinarily lucrative," claims David Clainer, Senior Vice President for Absolute Poker. "Why withdraw when you can build your bankroll on interest alone?"

    The 9 percent per annum interest bearing account is based on a player's daily balance and requires an average daily balance greater than $1 000. The maximum eligible balance is $500 000.

    The company rewards its VIP players with exclusive bonuses and service through three tiers: VIP, Platinum and Elite. To enter the VIP, Platinum and Elite levels, a player must earn 5 000, 20 000 and 40 000 VIP points respectively. Players must also earn a specified number of points each month to maintain their status. These points are earned by playing poker ring games, tournaments and blackjack.

    In addition to the new 9% interest bearing account, Elite VIP members will continue to receive traditional benefits already offered by the site.
     
  2. Aug 31, 2007
  3. pokeraddict

    pokeraddict Webmaster

    Occupation:
    Pro Poker Player
    Location:
    Las Vegas
    Support emails posted at 2+2 suggest that to qualify for the interest you can not make any cashouts or transfers to other players during a month. Also to become Elite VIP one must play about 20,000 hands in a month of 5/10+ or $200 NL+ and play about 10,000 of those hands every month to maintain it.
     
    1 person likes this.
  4. Sep 14, 2007
  5. luckydabberbingo

    luckydabberbingo Experienced Member webmeister

    Occupation:
    webmaster
    Location:
    In A shoe
    can i send them all my money and collect the 9% without playing lol.That's a nice return
     
  6. Oct 11, 2007
  7. pokeraddict

    pokeraddict Webmaster

    Occupation:
    Pro Poker Player
    Location:
    Las Vegas
    It looks as though this was too good to be true. Players were promised payment by the 7th, it's the 11th and players have not been paid. Owed players report support has been useless as usual too.
     
  8. Nov 10, 2007
  9. pokeraddict

    pokeraddict Webmaster

    Occupation:
    Pro Poker Player
    Location:
    Las Vegas
    Another month has gone by and many players are complaining they did not get paid this interest again. Does anybody have to wonder about the timing of this interest offer to high limit players at the same time the cheating seems to have started?
     

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