Party Poker is the largest site that does not accept USA players, and is the 3rd largest site overall. They have been around since 2001, two years before the poker boom. Party Poker offers Hold’em games in No Limit, Fixed Limit and Pot Limit. Omaha and Omaha Hi/Lo games come in Fixed Limit and Pot Limit. Stud can be found in Hi and Hi/Lo versions. Party Poker also has introduced a “Double Hold’em” game which gives players three hold cards and the ability to form two Hold’em hands after the flop. Games can be seen running at most games, with the majority of the action at No Limit Hold’em, Fixed Limit Hold’em and Pot Limit Omaha tables. There is also great Sit N Go and Multi Table Tournament action available. Sit N Gos run in the same games as the cash games, minus Omaha Hi. Guaranteed and satellite tournaments are popular for at MTTs, with the Party Million and the Sunday $300,000 guaranteed being particular favorites.
New players signing up at Party are eligible for a 100% up to $500 sign-up bonus. To clear the bonus, players must earn 8 Party Points per $1 of bonus money within 90 days of the first deposit. Party Points are earned according to the amount of rake a player generates – 2 Party Points for every $1 in rake or buy-in fees. This makes the bonus the equivalent of 25% in rakeback at either ring games or tournaments. The bonus will release in 20% increments as Party Points are earned.
Party Poker does not offer rakeback, but instead provides a VIP Program that awards players with Instant Cash rewards and bonuses that yield the equivalent of up to 40% in rakeback. The Party Poker VIP Program consists of five levels that are earned according to the number of Party Points earned over a monthly or quarterly period. The higher status level that is achieved, the greater the rewards will be. Once a player has qualified for a status level, they can choose to purchase Instant Cash rewards or Bonuses. Despite having to earn additional Party Points to clear a Bonus – as opposed to Instant Cash, which as the name suggests are awarded instantly; players will always receive higher returns with the Bonuses purchases.
Players can deposit at Party Poker in a variety of ways. Party also guarantees fast cashouts with certain methods. E-wallets such as Neteller, Moneybookers, Click2pay are popular favorites for players in many different regions, as players can deposit and withdraw through a single method. Credit and Debit cards such as Visa and Mastercard are also widely accepted. A wide variety of options are also available for specific countries. For example, Webmoney is a popular payment method in Russia. If you are based in Germany or Austria, check out Paysafecard or Giropay. Many players also are given the choice of withdrawing via a Bank Wire or Bank Transfer.