Cool Hand Poker has an awesome cashback program that equates to getting 30% of the rake you pay given back to you in straight up cash. A few poker sites have programs similar to this one, but Cool Hand Poker has one of the best programs I’ve seen on the internet. And the nice thing is that this program is all done automatically in-house.
The Cool Hand Poker cashback program operates on Cool Points. Every time you play in a real money game at Cool Hand Poker, you earn Cool Points. After you accumulate 100 or more points, you can trade them in at any time for instant cash. You do not need to earn out these cash bonuses or “clear” them like regular poker bonuses. The cash is yours.
Earning Cool Points
Cool Points are earned in all real money games at Cool Hand Poker. It’s a simple system: you earn 30 Cool Points for every $1 you pay in rake and tournament fees. This works for both cash games and tournaments. For example, if you play in a few cash games today and pay a total of $20 in rake, you’ll get 600 Cool Points. And in a $10 + $1 tournament, you would earn 30 Cool Points.
This is actually a really generous points system – especially for cash game players. Although you don’t feel the sting of the rake in cash games because it only comes out of pots that you win, the total amount of rake that you pay adds up quickly. It is not difficult to rake up a bunch of Cool Points in an afternoon of poker.
Redeeming Cool Points for Cash
You can redeem your Cool Points for cash any time you have 100 or more Cool Points. For every 100 Cool Points that you redeem, you’ll get $1 in cash. This may not sound like a generous conversion rate at first, but look above to see how easy it is to earn Cool Points. Using the same example from above, you could pay a total of $20 in rake in an afternoon of poker and get back $6 from that one session alone.
Your Cool Points balance is displayed within the cashier section of the poker lobby. You can redeem your points for cash by logging in to the poker software and clicking on the “Cool Points” button. That will take you to another screen where you can check on your total cashable points balance.
The best part of all is that the cashback program works whether you win or lose in poker. No matter what happens, you always pay the rake. The cash back can either help you recover from a bad day/week/month at the tables or it can add a nice little bonus to your winnings.