Carbon Poker, the newly unified leading online poker room on the Merge Gaming Network, is replacing their VIP Points program with a new system called 'Player Points'. The change will be effective on July 15th, 2014, and ProfRB.com has the exclusive details below. Unfortunately for players, the VIP program has effectively been removed.
JANUARY 2015 UPDATE: Like all poker economies, things have stabalized and for those players willing to stick it out, the games are now much softer on Carbon Poker. What players have lost in terms of VIP rewards have in many cases been made up for by much juicier games. Click here to sign up for a Carbon Poker account.
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Just like it's predecessor "VIP points," there will be no dollar value associated with Player Points. Player Points will solely function to clear bonuses and track promotions. These will be earned in the same manner and frequency as VIP points were earned. Details below:
Previously earned VIP Points must be redeemed (one can use them to by into tournaments) by July 14th, 2014. They will not be converted to Player Points, so if one doesn't use them, one will lose them! PROFRB would like to point out that this is the first time that upcoming "VIP program" changes have been announced with clear and early warning by Carbon Poker. This was often a complain players levied against the company and we are especially pleased to see some forewarning of changes issued to out players so that they have ample time to realize the full monetary value of their prior earned "VIP points."
The Merge Network had switched up their VIP program at the beginning of May to no longer allow points to be converted into cash. Merge had allowed for cash bonuses in relation to deposit or reload offers under the old program, but starting on July 15th, everything will fall under the new Player Points system. PROFRB realizes that on the surface players may lament these changes, but we feel that these funds will be recycled into the promotional budget. We make this speculation based on the immediate evidence that next month, there will be a 250% increase in the upcoming "dollar frenzy" promotion. In it's prior incarnations there was the "$10,000 Dollar Frenzy" yet immediately following these changes we see it's evolved into the "$25,000 Dollar Frenzy" tournament. Carbon also threw in a $500 reload bonus in July's promotions using code "FRENZYPK".
Merge has been in the news recently as it was announced that Aced Poker will cease operations by July 1st. All player accounts on Aced will be switched or merged to Carbon Poker by this date, including all VIP Points and tournament tickets earned.
Bonus clearing as it relates to how many Player Points will be needed is not known at this time. ProfRB.com will report updates on this as soon as they are available. UPDATE November 2014: Bonus clearing is the same as it always was. Deposit bonuses and reload bonuses clear at either 6.7% or 10% flat effective cash back rates.
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