Pokerstars is changing its VIP program for 2010. Since Pokerstars does not allow rakeback, players rely on their VIP program and its tiered system to provide some rakeback equivalent. Here’s the press release we’ll have more information in the coming days.

New: VIP Stellar Rewards

All VIP Club members can take advantage of our new VIP Stellar Rewards program. We’re starting out by offering $10 to all players who reach 750 VPPs this year. The rewards just add up from there, with $50 rewards starting at 5,000 yearly VPPs and $100 rewards starting when players reach 50,000 VPPs. The final VIP Stellar Reward at 90,000 VPPs brings the total up to $1,000 cash for each player. To claim your share, just reach the required number of VPPs and purchase the appropriate VIP Stellar Reward from the PokerStars VIP Store for just 1 FPP.

Changes in VPP Earning

We’ve simplified our method for awarding VPPs to players. Many players will earn VPPs and FPPs faster, especially in tournaments and Sit & Go’s.

$1,000,000 Quarterly VIP Freerolls

Players spoke, and we listened. New $1,000,000 quarterly VIP freerolls will replace the old $75,000 weekly freerolls. All Supernova VIPs can enter these tournaments for free. GoldStar VIPs and PlatinumStar VIPs will have the opportunity to earn their way in through FPP entry satellites.

SilverStar Status: Only 750 VPPs

We’ve drastically reduced the monthly VPP requirement to earn and maintain SilverStar status. Just 750 VPPs will earn you SilverStar privileges in 2010, down from the previous requirement of 1,200 VPPs.

Supernova Status Easier to Retain

Players who earned Supernova in 2009 will find it easier to keep their status in 2010. The monthly requirement to retain Supernova status is down from 10,000 VPPs to just 7,500 VPPs.

Not a member of Pokerstars? There’s no better time than now to sign up!