The target is based off 10% of the total wager required for the rank, whilst earning a lot more than 10% of the reward, with the ability to earn all level up rewards starting from $0 wager, incluiding earning the boosted rank reward again ($7,000) when reaching the total wager requirement for this rank.
'AHOYBRAUSE' has received this message from your team
I have boosted your rank to Platinum VI , you will still earn all cash rewards as you play!
What is the point of boosting his rank to platinum VI if he starts his journey from the starter stage? Aren't you going to give him a dedicated VIP host and increased amount on all other bonuses which are available on higher VIP ranks? Anyway, the extra bonus amount is quite good which your team has offered here.