PartyPoker Cash Machine Returns, Features Booster Bonus

In January, PartyPoker, one of the world’s longstanding online poker sites, returns the popular Cash Machine promotion. This time, hardcore grinders will earn additional cash as part of a Booster Bonus.

The Cash Machine promotion last ran during the month of September and shelled out a bevy of added funds to PartyPoker players. The promotion returns on January 4th and will run through the end of the month. All players have to do is earn 10 or more PartyPoints on at least 10 days during the 28-day period. Then, PartyPoker officials will take a look at the PartyPoint totals of the 10 highest-earning days and match the lowest one at the rate of $1 per point.

As an example, if a player’s 10 highest PartyPoint total days were 100, 100, 100, 150, 150, 150, 200, 200, 200, and 200, PartyPoker would award a $100 cash bonus, matching the lowest amount. The minimum payout is $10 and there is no maximum amount that PartyPoker will match. For those players who are unable to meet the $10 minimum, a generous consolation prize exists. Text found on PartyPoker’s website explains, “If you can achieve 10 qualifying days of one PartyPoint or more, but fail to earn the minimum cash reward, we’ll give you a seat in our $25,000 Cash Machine freeroll, which takes place at 15:00 ET on Wednesday, 3rd February.”

The Cash Machine Booster Bonus is available to players who earn at least 1,000 PartyPoints per day on 20 out of the 28 days of the promotion. Players who earn between 1,000 and 1,500 PartyPoints for 20 days will earn a $500 Booster Bonus. Players who rack up between 1,500 and 2,000 PartyPoints for 20 days will get a $1,100 Booster Bonus. Players who amass between 2,000 and 2,500 PartyPoints for 20 days will take home a $2,000 Booster Bonus. Players who earn between 2,500 and 3,000 PartyPoints will receive a $3,000 Booster Bonus and those able to surpass 3,000 PartyPoints for 20 days will nab a colossal $5,000 Booster Bonus.

The Cash Machine is an opt-in promotion and players can register for it at any time prior to its conclusion. Once they opt in, PartyPoker will credit players with all PartyPoints earned during the 28 days, regardless of when they sign up. Each qualifying day runs from 00:00 ET to 23:59 ET and days do not have to be consecutive in order to count. All funds earned will be dropped into players’ accounts within 48 hours of the Cash Machine promotion ending.

One day prior to the Cash Machine promotion kicking off, the PartyPoker Monthly Million will play out. The $640 buy-in tournament takes place on the first Sunday of every month and boasts a Championship blind structure. Players begin with 20,000 chips and blinds start at 25-50. The price of poker increases every 20 minutes and antes kick in at Level 6, when blinds are 250-500.

Qualifiers for the Monthly Million run constantly on PartyPoker. Popular ways to enter include a daily Monthly Million Qualifier, a $70 buy-in satellite with at least 19 seats on the line. A Mega Friday Satellite also takes place weekly, featuring a $55 buy-in and 20 seats guaranteed. On Saturdays, two qualifiers take place on PartyPoker offering a combined 18 seats. Country-specific freerolls and daily player point qualifiers also send players to the Monthly Million. Mark your calendars for Sunday, January 3rd, the next running of the Monthly Million.

According to the traffic ranking site PokerScout.com, PartyPoker is the fourth largest site worldwide, with a seven-day running average of 4,500 real money ring game players. It is the second largest not to accept players from the United States, trailing only the massive iPoker Network.

PartyPoker claims World Poker Tour Host and new Poker Hall of Fame inductee Mike Sexton as its ambassador and is currently qualifying players for the L.A. Poker Classic.

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Tue, December 29th, 2009

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Poker lexicon:

  • DOOR [CARD] - A player's first upcard in stud games.
  • MUCK - [1] A collection of face-down cards near the dealer composed of discards, i.e., folded hands, burns and discards for drawing purposes. [2] To throw one's cards into the muck, thus folding.
  • HOYLE - Edmund Hoyle (1769-?) was the authoritative source for rules of card games. Hoyle is to card rules as Webster is to word definitions.
  • SIXTH STREET - The sixth card dealt in 7-card stud.
  • NUT / NUTS - The best possible hand of a given class. Not a LOCK unless all cards have been dealt. The "nut flush" is the highest possible flush, but might still lose to, e.g., a full house. Usually used in Hold'em games.
  • HOUSE RULE - Rules and interpretations (e.g., use of wild cards, or rules on having to show beaten hands) that are specific to an establishment or even tables within the establishment.
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