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Go Back   Poker Forums > Texas Hold Em Rooms > Poker Sites > Absolute Poker

10 million dollar play chips

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Old 07-22-2006, 12:41 AM
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Default 10 million dollar play chips

Hey i heard that if you collect 10 million dollars in play chips you will in fact get $50 real dollars. However, do i have to make any initial deposit to recieve this? Or will they send this 50 dollars to me even if i have 0 dollars in my account. Thanks.
  
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Old 07-22-2006, 12:48 AM
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There are places you can sell your playchips to (in sets of millions) for the most popular sites like Pokerstars and Party, but I havent heard of a site buying them for real money. I don't see an incentive for them to offer than kind of deal frankly.
  
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Old 07-22-2006, 01:04 AM
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EDIT: Nevermind didn't see this was in the AP section.
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Old 07-22-2006, 01:46 AM
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On AP if u are to accumulate 10 million in play chips, u will be rewarded 50 dollars and be added to some sort of play chip hall of fame list. If u have deposited before then I believe that the 50 dollars will be transfered into ur account once u confirm an email. However if u have never deposited and only played play money, then U will receive a 50 dollar bonus on ur first deposit. I know of many ppl who have actually done this and it worked out perfect.
  
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Old 07-22-2006, 02:10 AM
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LMAO - it would be much less stressful to get your credit or debit card out and put in $50 yourself. Playchip poker is nothing like "real-life" poker as there is nothing at stake so people don't care.
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Old 07-22-2006, 07:13 AM
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Quote:
Originally Posted by Mattastic
LMAO - it would be much less stressful to get your credit or debit card out and put in $50 yourself. Playchip poker is nothing like "real-life" poker as there is nothing at stake so people don't care.
lol true but $50 free dollars is well....$50 free dollars lmao. How long do you think it would take one to achieve this many chips?
  
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Old 07-22-2006, 08:14 AM
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The $50 goes into your player pending account which means you must clear points to release it. For $50 you need to clear 500 points in 60 days to get the money. 1 point will be awarded for each raked game (minimum rake of $0.50)1 point will be awarded for each $1 of tournament buy-in fee

sorry but if you want to make money from playmoney pokerstars is your best bet. $9 real money for $1,000,000 playmoney last time I checked
  
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Old 07-22-2006, 10:37 AM
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Quote:
Originally Posted by Mr.Pockets
lol true but $50 free dollars is well....$50 free dollars lmao. How long do you think it would take one to achieve this many chips?
Joshy is correct.At Absolute Poker which I think is the site you are referring to you will not receive $50 free dollars. When you reach 10 million chips they will add $50 into your pending account, which will clear into your real account only after raked hands, Joshy has the figures. If you have no money in your cash account in the first place the $50 is useless and will be taken away after a given time (60 days I think?) So, if you have a bankroll and play a lot of real money ring games, you may clear your $50, in $10 installments, otherwise it is completely useless to you.

As for how long it will take, I made the 10 million in 6 evenings play at NL tables. I know it can be done much quicker, particularly if you get lucky at the 50K limit tables.

You could try and set up a deal whereby you sell your play chips to another player. The logistics of setting this up and actually gauranteeing any sort of payment is difficult.

If you want some free dollars maybe your best way would be to play some freerolls or sign up for some private freerolls which tend to have smaller fields and often less erractic play.

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Last edited by 7letters; 07-22-2006 at 10:50 AM.
  
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Old 07-23-2006, 09:47 PM
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ok so scratch that off of my to-do list lol, thanks for all the great info guys.

i jus wanted to know if i can make that 50 because i won 40 in a freeroll and lost it all the next day. honestly dont listen to music that pumps you up because it may cause you to make stupid calls. Cheers!
  
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