StarsDraft has taken a page from PokerStars, and offers one of the better VIP programs to DFS players, paying up to 18% rakeback through the exchange of Victiv Points for cash tickets.
Although StarsDraft is one of the newest daily fantasy sports sites — through their acquisition of Victiv — StarsDraft is already one of the top DFS sites. In addition to being one of the largest populated DFS, sites, StarsDraft has taken a page from PokerStars, and offers one of the better VIP programs to DFS players, paying up to 18% rakeback.
100% up to $250 at StarsDraft
DFS VIP Programs Inferior to Online Poker
For poker players who are used to rakeback and VIP programs that pay upwards of 50% — and more in some cases — you will probably be disappointed in what daily fantasy sports offer. Since DFS sites began launching some eight or nine years ago, they have been much more conservative with their VIP programs, which tend to overcompensate the highest volume players, something that poker have been criticized over the last few years.
As a result of fairly weak daily fantasy sports across the board, StarsDraft’s 18% maximum rate is considered “good,” especially considering many DFS sites don’t even offer a VIP program. The closest many come to a VIP program is giving players ability to earn points, which can be exchanged in a store or in real money contests.
Details of StarsDraft VIP Program
StarsDraft VIP program is different — it actually looks like a VIP program, which they refer to as a Loyalty Program. The StarsDraft Loyalty Program divides players into three tiers: Bronze, Silver and Gold.
|StarsDraft Loyalty Program Tiers|
|Status||100 day- RA||Multiplier||Value||Freerolls|
|Bronze||10||1x||6%||$500 in Monthly Freerolls|
|Silver||100||2x||12%||$1000 in Monthly Freerolls|
|Gold||1000||3x||18%||$2,000 in Monthly Freerolls|
The 100-day rolling average is used to determine StarsDraft VIP status. To achieve the Silver status, you will need to earn an average of 100 Points per day over the last hundred days. Because an average is taken, you don’t have to play every day to qualify.
You will be able to view your Loyalty Program status from your account:
How Are StarsDraft Player Points and Victi Earned?
Each time you join a real money contest on StarsDraft, you will earn Player Points. StarsDraft will award Player Points at a rate of 10 for each $1 in contest entry buy-in. This means if you enter a $10 tournament, you will receive 100 Player Points.
But there’s more. If you reach higher statuses, a Victi multiplier will come into effect and you will earn 2x the normal rate at Silver or 3x the normal rate at Gold, respectively. You will see this points detailed with each contest.
Qualifying for higher statuses essentially increase your return by 2x or 3x once you have reached these status levels.
One important thing to remember: base Player Points are used to determine your status; Victi are used for exchanges in the Victi Store.
The Perks of the StarsDraft Loyalty Program
Once you have qualified for a status level on StarsDraft — arguably the most valuable component of the Loyalty Program — is you will earn up to 3x more Victi Points, which can be used in the Victi Store. In addition, players can enter increasingly large freerolls as they move up in status levels.
StarsDraft Victi Store
Victiv Points that are earned in real money contests can be used in the Victi Store. At present time, Victi Points can only be used to purchase cash tickets that can be used to enter StarsDraft contests, currently available in denominations of $2, $5, $10, $20, $50 and $100.
The exchange rate of these tickets is 2500 per $1, or $0.0004 per point.
So how does this work out as up to 18% rakeback?
In a $10 contest, approximately 6.5% of that amount — or $0.65 — is “rake,” which to start with is lower than average among DFS sites. Because a point is worth $0.0004 per point, 100 points is worth $0.04.
To get the percentage of rake you are getting back, we need to take the amount given back in value by the rake — $0.04/$0.65 — which is just over 6%. This is the value for Bronze status, with Silver worth twice the base rate (or 12%) and Gold worth three times base rate (or 18%).
In addition to contest tickets, StarsDraft has posted that they plan to sell merchandise in the store shortly.
StarsDraft Loyalty Freerolls
When qualifying for at least Bronze status, you will also have access to exclusive freerolls:
$500 Freeroll for Bronze
$1,000 Freeroll for Silver
$2,000 Frereoll for Gold
The freerolls will be run across different sports and during various times of the month. Players can find these contests by filtering by freerolls:
100% up to $250 at StarsDraft