Casino Talks

Posted by: ed209 at April 16, 2005, 1:57 pm

Topic: Tourney Overlays Forum: Bonus Whores

jek187 wrote: If in a ring game you are clearing a bonus that's worth $3/hr/table, we don't subtract the rake from that rate. The rake/fees are a cost of playing, and most of the bonuses/promos just reduce the rake/fees.
this is certainly the case with tourney fees (exceptions Bodog and Poker Stars); as well as basic rakeback, but the main reason bonus whoring exists and is popular is because the sites give you more in return for ring game play (especially at low-mid levels) relative to the amount of rake you give them to earn it.

calculating entry fees into tourney overlays for comparison basis would only be necessary if different sites charged different percentages relative to buyin (like $20+$5 vs $20+$2); but as it stands the industry is fairly uniform on that end. on the other hand, the amount of rake paid to a site in order to earn a certain amount of bonus varies widely based on each site's unique structure. many players don't realize that $1 in attributed rake on Party Poker can be worth as much as $20 in bonus (playing tight micro NL); while at the same time be only 54 cents on Full Tilt.

it might make sense to add the applicable rebate percentage on tourney fees for all the sites that BW covers, for those players who wish to clear their bonuses that way.

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