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Status Points are used to determine the status and can not be exchanged or spent.
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888 Poker VIP Program. Status Points are earned at the generous rate of 2 for every $1 contributed in rake in cash games and also 2 for every $1 in tournament entry fees. For instance, a $20 + $2 tourney, either SitNGo or multi-table, would earn 4 Status Points based on the $2 entry fee attached to the buy-in.
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Platinum – 4,500 Status points will earn you 18% cashback and a ticket to the monthly $7,000 freeroll. So far you have access to $54,000 in freerolls each month and 18% cash back. VIP – The VIP Status level at 888 Poker is based on yearly play. Once you have earned 60,000 Status points you will become a VIP player for the rest of the year.
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