Based in Malta, Betsafe is one of the top Nordic-focused sports betting, online casino and online poker operations. There is no such thing as Betsafe rakeback currently but there is something just as good: VIP cashback. That’s right, sign-up to Betsafe Poker now and you’ll get a superb sign-up bonus: 200% match on your first deposit, up to a maximum of $2,000. The bonus will not be deducted from the Betsafe cashback that you earn either.
There are 6 different bonus tiers that you can apply for using the corresponding bonus code: Copper, Bronze, Silver, Gold, Platinum and Diamond. The Diamond one is the biggest, and players have 29 days to redeem it. The whole bonus takes 16,000 PPs to unlock. The bonuses are paid out in a single batch, after the redemption requirements have been fulfilled.
In order to enjoy the benefits of the VIP program, players need to sign up for the deal. Access your Betsafe account and click the “sign-up” link in the Cash is King section.
You shall be rewarded with a maximum of 40% cashback depending on your VIP level.
Silver level VIP’s who generate up to 1,000 PPs per month, get an 8-12 % cashback. Gold level VIPs (who earn up to 3,000 PPs/month) get 12-16%. Platinum level VIPs (players who earn more than 3,000 PPs a month) get 16-20%. The top tier of Diamond Elite players ( who generate more than 72,000 PPs per year) are rewarded with 30-40% VIP cashback.
By signing up to Betsafe, you’ll get to take part in a bunch of promotions too. You’ll participate in Poker Point races (which are positively awesome when you’re playing with a 40% cashback deal), and you’ll gain access to various freerolls and live event qualifiers.
The rake calculation method used by Betsafe Poker is the dealt rake method.