"What do points make?" asks the game show host, "Prizes!" scream the audience and it is no different on Betfair Poker where you can earn points across all four Betfair products.
On Betfair Poker you will earn one Betfair Point for every £0.05 (approximately $0.08 at time of writing) of rake paid in both cash games and tournaments.
If you played in a Single Table Tournament, aka Sit and Go, with a buy-in of $8+$0.80 you would earn approximately 10 Betfair Points.
Cash games are slightly different in that the rake is apportioned to any player who has contributed to it. If four players contribute to the rake then they will each be awarded with a quarter of the rake amount in points, regardless of how much they contributed. This means the small or big blind can fold and if the pot is raked, they will have deemed to have contributed to the rake.
The main use for Betfair Points is to reduce commission on the Sports Betting Exchange although there are some uses for them in relation to the poker client.
Firstly, they are used to judge how much of the sign-up or reload bonus you have earned. Players need to earn a certain amount of points, usually between 100-400 per $10 in bonuses but please check the terms and conditions when you sign up for a bonus.
Also, Betfair Points can be used to gain entry into Premium freerolls such as The Free Million Dollar game and the Caesar's Cup Qualifier.
I have heard on the grapevine that there are other promotions planned for the use of Betfair Points so when I hear anything official I will post it here for you all to see. I for one would love to see a shop or store to spend my points on but we will have to wait and see I guess.
For the record all points are updated to your Betfair account on a daily basis and not in real time as you play a cash game or leave a tournament.
Whilst all information given is as accurate as possible, the above text is written by Betfair Poker Guy and is not an official response from anyone connected with Betfair or their products