Summit Points = Strategy Points = cash out allowance

    • BooseDiver
      BooseDiver
      Bronze
      Joined: 23.07.2011 Posts: 2
      Hello, I've just started in Everest. I have my $50 from pokerstrategy and everything looks ok for now. Just I want to be absolutely aware if I got the system right. 1 Summit point is equal to 0.5 Strategy points and How many strategy points I need within those 90 days to be able to withdraw all my money. And when the system refresh, cos I just made a few Summit point, but they are not indicated in PokerStrategy??

      Hope I've posted everything correct and I will have my answers.
      Thanks Pokerstrategy ;)
  • 19 replies
    • IngridN
      IngridN
      Bronze
      Joined: 02.03.2011 Posts: 12,162
      Hi BooseDiver,

      No problems, we are happy to help you with any questions you may have.

      That's correct. You earn 0.5 StrategyPoints for every summit points you earn.

      Required to withdraw anything (Free $50 & possible winnings) you must earn 1000 Summit Points within 120 days.

      * Free $50 will be retracted after 120 days if you do not accumulate 1000 Summit Points ~ equals 500 StrategyPoints

      Was this helpful? Anything else I can help you with?
      Ingrid
    • BooseDiver
      BooseDiver
      Bronze
      Joined: 23.07.2011 Posts: 2
      Many Thankses. You've answered completely to my question.
    • IngridN
      IngridN
      Bronze
      Joined: 02.03.2011 Posts: 12,162
      Originally posted by BooseDiver
      Many Thankses. You've answered completely to my question.
      Yeeey! no problems :) anytime! Have a nice day!
    • gxtwo
      gxtwo
      Bronze
      Joined: 15.12.2010 Posts: 1,176
      correct me if I'm wrong, but don't you need to have generated 1k summit AND 120 days passed
    • IngridN
      IngridN
      Bronze
      Joined: 02.03.2011 Posts: 12,162
      Originally posted by IngridN
      Required to withdraw anything (Free $50 & possible winnings) you must earn 1000 Summit Points within 120 days.

      * Free $50 will be retracted after 120 days if you do not accumulate 1000 Summit Points ~ equals 500 StrategyPoints
      All conditions are in my previous post, but what did you mean exactly? :)
    • IngridN
      IngridN
      Bronze
      Joined: 02.03.2011 Posts: 12,162
      Edit:

      When can I withdraw my free $50?

      As soon as you have collected 1,000 Summit Points and 120 days have passed, you can withdraw your $50 and your winnings.

      Thank you for spotting this, my bad.
    • gxtwo
      gxtwo
      Bronze
      Joined: 15.12.2010 Posts: 1,176
      Originally posted by IngridN
      Edit:

      When can I withdraw my free $50?

      As soon as you have collected 1,000 Summit Points and 120 days have passed, you can withdraw your $50 and your winnings.

      Thank you for spotting this, my bad.
      Glad i could help! :f_thumbsup:
    • boomer011
      boomer011
      Bronze
      Joined: 22.08.2010 Posts: 28
      just a clarifier, if we don't reach 1000 summit points, the 50 starting capital is lost, but any winnings we have accrued remain ours and are available to withdraw?
    • IngridN
      IngridN
      Bronze
      Joined: 02.03.2011 Posts: 12,162
      Originally posted by boomer011
      just a clarifier, if we don't reach 1000 summit points, the 50 starting capital is lost, but any winnings we have accrued remain ours and are available to withdraw?
      after 120 days passed, yes :)
    • lynius
      lynius
      Bronze
      Joined: 15.01.2011 Posts: 382
      What if I've had to take a holiday and can't possibly reach the 1000SP and my BR is below $50? Can I still keep it if I'm generating rake and am building a BR up again?
    • IngridN
      IngridN
      Bronze
      Joined: 02.03.2011 Posts: 12,162
      Originally posted by lynius
      What if I've had to take a holiday and can't possibly reach the 1000SP and my BR is below $50? Can I still keep it if I'm generating rake and am building a BR up again?
      Hi Lynius,

      I'm very sorry but the Free $50 will be retracted after 120 days if you do not accumulate 1000 Summit Points ~ equals 500 StrategyPoints

      Ingrid
    • SubM17
      SubM17
      Bronze
      Joined: 17.08.2011 Posts: 9
      If you manage to collect the 1000 summit points but your br is below 50$, let's say around 30$, can you still withdraw this amount? And another question, if you have collected the sp but want to keep playing in that specific poker room, is it necessary to withdraw the money, or can you keep playing and make a withdrawal later?
    • IngridN
      IngridN
      Bronze
      Joined: 02.03.2011 Posts: 12,162
      Hi there SubM17,

      As long as you accumulated 1000 summit points you are free to withdrawal your balance. No, you don't need to take your bankroll out if you don't want to. It's yours and can play with it as long as you like.

      Enjoy :)
      Ingrid
    • cutiejorgea
      cutiejorgea
      Bronze
      Joined: 30.10.2011 Posts: 33
      just want to ask...

      i did have a good start in everest poker since i got the free50$ starting.. in 2 days i already have 400+ summit points..."just get lucky :) " and my bankroll is let's say 500$+ .. what if i can get 1000 summit points below 120 days.. can i withdraw some of my bankroll already???

      for example i reach the 1000 summit points just want to try the cheque method,, cause i dont have a "VISA card" to withdraw some of my bankrolls do you think that is possible??

      please give me some advice.

      i just read the post above that if i cant reach 1000 summit points in 120 days,,the 50%free which i got from the quiz will be gone.. but not my winnings right?
    • IngridN
      IngridN
      Bronze
      Joined: 02.03.2011 Posts: 12,162
      Originally posted by cutiejorgea
      just want to ask...

      i did have a good start in everest poker since i got the free50$ starting.. in 2 days i already have 400+ summit points..."just get lucky :) " and my bankroll is let's say 500$+ .. what if i can get 1000 summit points below 120 days.. can i withdraw some of my bankroll already???

      for example i reach the 1000 summit points just want to try the cheque method,, cause i dont have a "VISA card" to withdraw some of my bankrolls do you think that is possible??

      please give me some advice.

      i just read the post above that if i cant reach 1000 summit points in 120 days,,the 50%free which i got from the quiz will be gone.. but not my winnings right?
      Yes you have to collect 1000 summit points and 120 days must pass :)
    • cutiejorgea
      cutiejorgea
      Bronze
      Joined: 30.10.2011 Posts: 33
      what do you mean 120 days must pass??

      even i get 1000 summit points lets say in 20 days,, do i still have to wait 100 days to do some withdraw??

      or once that i reach 1000 summit points,, i can already withdraw even though i did get that in less than 120 days??
    • IngridN
      IngridN
      Bronze
      Joined: 02.03.2011 Posts: 12,162
      Originally posted by cutiejorgea
      what do you mean 120 days must pass??

      even i get 1000 summit points lets say in 20 days,, do i still have to wait 100 days to do some withdraw??

      or once that i reach 1000 summit points,, i can already withdraw even though i did get that in less than 120 days??
      Yes, you will still need to wait for 120 days to pass I'm afraid :(
    • gxtwo
      gxtwo
      Bronze
      Joined: 15.12.2010 Posts: 1,176
      i need to wait till the 7th and my 120 days is over!!! :f_biggrin: :f_biggrin:
    • purplefizz
      purplefizz
      Bronze
      Joined: 12.03.2008 Posts: 4,508
      Originally posted by gxtwo
      i need to wait till the 7th and my 120 days is over!!! :f_biggrin: :f_biggrin:
      weeeee! congrats for that! on to the next milestone :f_biggrin: