888 Poker is hosted by the Pacific Poker Network and is owned by 888 Holdings Plc, a public company which trades on the London Stock Exchange (LSE: 888.L Ticker). U.S.-based players are not currently accepted at 888Poker.
Players at 888Poker cannot receive rakeback in the traditional sense. However as outlined in the following chart, each VIP level receives 888Poker rakeback equivalent in the form of internal cash back. This means the effective 888 Poker rakeback can be as high as 36% for high volume players.

Rakeback payments at 888 Poker come when you trade the Reward Points you have accumulated for cash. VIP Diamond players earning points at a rate of 18 Reward Points per Status Point are receiving effectively 36% 888 Poker rakeback when they trade those points for cash. VIP players receive 27%, and lower tiers receive progressively less. You can also spend your Reward Points at the Rewards Store as an alternative to receiving cash.
Cash back rewards are available in $10 increments, and are purchased with rewards points. Alternatively, rewards points can be spent on a wide variety of merchandise.
Each game can be played in both tournaments and cash games.
New players who sign up for 888 poker instantly receive $8 on the site just for registering. Some country restrictions do apply.
The rewards program at 888 consists of 7 status levels. Reaching each level requires earning a specific number of status points on either a monthly or yearly basis. The primary reward for attaining each level is a reward points multiplier, which increases the number of reward points you receive for every status point you earn. The following chart summarizes the status levels:
The benefit of gaining reward points is that they can be redeemed for cash or spent on tons of merchandise at the 888 rewards store.
The software at 888poker.com has been recently redone and includes several industry-leading features. Players can use social networking features to interact with their friends and opponents. The site is integrated with both Facebook and Twitter for those players that want to take part in the 888 poker community.
Gameplay features include a full range of 3D poker tables and casino games to make your online experience a bit more interactive. Additionally, "PokerCam" tables are available where players can each use a webcam and view all of their opponents while playing. This brings the live physical tells that generally only exist at live tables to online games.