Party Poker Launches VIP 500 Club

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From Monday, April 23rd through Sunday, May 13th, Party Poker will be giving the most elite of its players the chance win an assortment of exclusive instant cash, points and prizes in a promotion it’s calling the VIP 500 Club.

Open solely to Party Poker’s Palladium VIP and Palladium Elite VIP players, the VIP 500 Club awards instant prize cards to each player who earns 500 points during the promotional period, each time they do it. Each instant prize card contains a guaranteed prize ranging from $5 to $500 cash, $25 to $100 poker bonus, 100 to 500 loyalty points or an iPod or iPad 2.

Keep collecting VIP 500 Club cards every time you accumulate 500 more points and keep raking in the prizes. If you can manage to amass 60 VIP 500 Club cards, you’ll receive a special bonus instant prize card that grants you $1,000 and 5,000 more points.

You must opt-in to this promotion through the Party Poker website or your player admin before your points earned during the promotional period can be counted toward your performance in the promotion.

You earn points by paying rakes in real money cash games at Party Poker, with each $1 you pay in rake equal to 2 points.

For the poker bonuses rewarded, players have 60 days to earn 100 to 300 points, depending on the size of the bonus, with a multiplier of 4 to 8, again depending on the bonus size, to release the bonus as cash.