Upon reaching certain thresholds in point accumulation or retention, most organizations rank the individual in recognition of their achievements.
Points and rankings generally have no monetary value, but have prestige value for some players and are sought after by them over a lifetime of play.
"Masterpoint", as a single word, is a registered trademark of the ACBL in the United States.
are awarded masterpoints according to their placing and the number of pairs, individuals, or teams who played in the event.
With those divisions, a player with 700 points would be able to place in stratum A, but not in B or C. The ACBL awards several categories of masterpoints, each associated with the type of event and designated by a distinct color: Like most bridge governing bodies, the ACBL assigns ranks to players according to their masterpoint holdings; the requirements for its various ranks are listed below.
The WBF also distinguishes between points earned in Open, Women's, Mixed, or Senior events and awards its Titles (such as World Grand Master), based upon the accumulation and retention scheme for the particular point classification.