| Posted by: porkrind at August 11, 2005, 4:27 am | | Topic: What is Rakeback? Forum: Bonus Whores | | I can tell you Jessica at RTR is awesome i think they have over 3000 players. They offer monthly freerolls and online balance checking. Look on rakeback review for RTR. | | Static Link |
| Posted by: profpeebody at August 11, 2005, 2:26 am | | Topic: What is Rakeback? Forum: Bonus Whores | porkrind,
Thanks for clarification on rakeback calculations.
I looked at the rakebackreview site, but I was not completely satisfied with the information it had on each affliated. It only posts the rakeback percentages and a two sentence advertisement from each affiliate. Do you know where I can get a more in depth review?
It would be nice to get information like:
how long has the affiliate been in business
how many players does each affiliate support
how is the customer service
how is reliable is the affiliate
how prompt are the payments
Is there any forum with objective discussions and comparisons of affiliates? I already checked the forum on rakebackreview, but there are not many threads comparing or reviewing affiliates.
_________________
-Thanks in advance
peebody
still researching rakebacks/bonuses | | Static Link |
| Posted by: porkrind at August 10, 2005, 3:57 am | | Topic: What is Rakeback? Forum: Bonus Whores | I will do my best.
On Hollywood Poker:
10 players start the hand by being dealt in.
The pot reaches $20 so the rake is $1.
Your contribution is 10 cents. (Your MGR is figured from this number)
With a rakeback program of 25% you earned 2.5 cents for the hand.
Now with Party Skins and Pokerroom skins (hollywood) your bonuses are subtracted from your MGR (Monthly Gross Revenue/Rake).
Pokertracker and its addon program OD grapher can calculate all this for you.
There is a site called rakebackreview that has a calculator and ratings for affiliate and rakeback programs try there. | | Static Link |
| Posted by: profpeebody at August 10, 2005, 2:32 am | | Topic: What is Rakeback? Forum: Bonus Whores | porkrind wrote:
I suggest you google or check on 2+2 for more indepth reviews of rakeback affiliates and various sites. I did and have found myself an outstanding program. However out of respect to BW I will let you find Jessica on your own.
Have a good day.
How do I check on 2+2? I thought discussion of rakeback and especially affliates was banned from the 2+2 internet gambling forum. I am not a very frequent or well known poster so most posters would probably ignore me if I pm'ed them asking for their opions/suggestions about affiliates.
I am still seeking an answer to my question about the exact formula for calculating rakeback. I would like to do the math myself; it calms my mind to do math late at night. Moreover, I do not simply want to know if bonuses are more profittable than rakeback, I want to know exactly how much more profit bonuses generate.
_________________
-Thanks in advance
peebody
still researching rakebacks/bonuses | | Static Link |
| Posted by: porkrind at August 9, 2005, 5:08 am | | Topic: What is Rakeback? Forum: Bonus Whores | Rakeback really only pays a BW playing 3/6 limit or higher.
Under Party and most sites rakeback programs your bonus is subtracted from your MGR prior to becoming eligible for any rakeback/return/rebate. The most notable exceptions are the Crypto sites and Absolute. There are others but I don't know them.
In my experience rakeback only starts impacting my BR at the 2/4 limit and higher since I am primarily a low limit bonus chaser for now.
Be careful when signing up at an affiliate, seek other opinions and ask alot of questions. I signed with an affiliate on 3 sites that required a $200 MGR per site a month with a minimum of a $50 payment monthly or I forfeited my rakeback!!!!!!!!!! I noticed today that site is no longer active. I killed those accounts and had to gnome them. (I know you guys don't like gnomes but I could not stand the idea of that ass making money off me.)
I suggest you google or check on 2+2 for more indepth reviews of rakeback affiliates and various sites. I did and have... | | Read Entire Entry |
| Posted by: profpeebody at August 9, 2005, 1:17 am | | Topic: What is Rakeback? Forum: Bonus Whores | I haven't heard back on my math problem. You do not need to answer it, but please explain in detail how rakeback is calculated when there are bonuses involved.
To help me plan my method for play party skins, I'm trying to figure out exactly how much strictly rakeback will pay me, how much strictly bonuses will pay me and how much the combition of rakeback and bonuses will pay me.
Which is the correct way to calculate rakeback with bonuses on party skin?
1. Hands after bonus count toward rakeback
[Total hands played in a month] - [hands played to earn bonus] = # of hands that qualify for rakeback
For each hand that qualifies for rakeback, sum my contribution to rake where my contribution to rake for a singe hand = [rake] / [# of players in that hand]
sum of my contribution to rake = monthly gross revenue (mgr)
rakeback = mgr * X%
OR
2. Hands after bonux count toward rakeback but bonus deducted from mgr
[Total hands played in a mo... | | Read Entire Entry |
| Posted by: profpeebody at August 7, 2005, 12:05 pm | | Topic: What is Rakeback? Forum: Bonus Whores | chachcox wrote:
How does the site calculate my MGR?
"Gross Revenue" is calculated as the sum total of all Players' contribution to all "rakes" the Players were involved while playing at the Website, less any credits, bonus or promotional amounts given to Players, processing charges, charge backs, or any un-collectable revenue attributable to the Player.
Moreover, a Player's contribution to the "rakes" shall be determined as the quotient obtained when dividing the actual amount of each rake to which the Player had contributed divided by the total number of players at the table at the start of the hand. So, if the rake in a hand with ten players at the table is three dollars ($3.00); each player's contribution to the rake will be thirty cents ($0.30).
Math Problem:
Hypothetical question to research rakeback.
Let say I have an affiliate on a party skin
I play 1000 hands so I generate $300 in my player contribition to the rake if you use chachcox's $0.3... | | Read Entire Entry |
| Posted by: ed209 at August 1, 2005, 5:11 pm | | Topic: What is Rakeback? Forum: Bonus Whores | andrew26 wrote: that quote came from an affiliate rakeback site.
then I would suggest perhaps picking a DIFFERENT affiliate, perferably one that knows what he/she is talking about. | | Static Link |
| Posted by: SoCalRugger at August 1, 2005, 4:24 pm | | Topic: What is Rakeback? Forum: Bonus Whores | andrew26 wrote: Yes, but that quote came from an affiliate rakeback site.
It is quite possible there is a different definition for bonus/UB points than there is for rakeback.
It may depend on the affiliate then. Last month, I cleared the $200 initial sign-up bonus and the $100 reload. I didn't play there any more than I had to - I ended up with 3003 Ultimate Points. For that amount of play, I received $122 in rakeback ($469 MGR reported). Considering that my VP$IP is typically 16-17%, there's no way my rakeback was calculated using a contributed rake system. If it's different for different affiliates, that really sucks. But I don't understand why it would be. | | Static Link |
| Posted by: andrew26 at August 1, 2005, 3:31 pm | | Topic: What is Rakeback? Forum: Bonus Whores | SoCalRugger wrote: andrew26 wrote: Uh, oh... probably not:
* A raked hand on Ultimate Bet is defined as any hand that you contribute money to the rake, you see a flop, and the pot is raked.
Fuck them and the "contributed rake" system.
Not sure where it says that on the website, but from experience that is not the case. You get Ultimate Points for simply being dealt into the hand. It is not a Contributed Rake system (unless they've changed it in the past couple weeks, which I doubt).
Yes, but that quote came from an affiliate rakeback site.
It is quite possible there is a different definition for bonus/UB points than there is for rakeback.
_________________
Andrew26 wins pot $.95, with a Royal Flush, spades. | | Static Link |
| Posted by: SoCalRugger at August 1, 2005, 2:56 pm | | Topic: What is Rakeback? Forum: Bonus Whores | andrew26 wrote: Uh, oh... probably not:
* A raked hand on Ultimate Bet is defined as any hand that you contribute money to the rake, you see a flop, and the pot is raked.
Fuck them and the "contributed rake" system.
Not sure where it says that on the website, but from experience that is not the case. You get Ultimate Points for simply being dealt into the hand. It is not a Contributed Rake system (unless they've changed it in the past couple weeks, which I doubt). | | Static Link |
| Posted by: andrew26 at August 1, 2005, 11:32 am | | Topic: What is Rakeback? Forum: Bonus Whores | andrew26 wrote: SoCalRugger wrote: black999 wrote: Are there any sites, other than Absolute, that you can earn a rakeback while clearing a bonus?
Ultimate Bet, Cryptos, and I believe most Prima skins (not sure on that one though).
I wonder if this makes Ultimate Bet playable?
Has anyone done the math?
Uh, oh... probably not:
* A raked hand on Ultimate Bet is defined as any hand that you contribute money to the rake, you see a flop, and the pot is raked.
Fuck them and the "contributed rake" system.
_________________
Andrew26 wins pot $.95, with a Royal Flush, spades. | | Static Link |
| Posted by: andrew26 at August 1, 2005, 11:31 am | | Topic: What is Rakeback? Forum: Bonus Whores | SoCalRugger wrote: black999 wrote: Are there any sites, other than Absolute, that you can earn a rakeback while clearing a bonus?
Ultimate Bet, Cryptos, and I believe most Prima skins (not sure on that one though).
I wonder if this makes Ultimate Bet playable?
Has anyone done the math?
_________________
Andrew26 wins pot $.95, with a Royal Flush, spades. | | Static Link |
| Posted by: gonefishin at August 1, 2005, 11:14 am | | Topic: What is Rakeback? Forum: Bonus Whores | | i'm still confused a bit. do i have to sign up for this rakeback. i have been with UB for awhile now i have never recieved any rakebacks? i am plannin on registering w/ absolute soon, what should i do to make sure i get the rakeback. | | Static Link |
| Posted by: SoCalRugger at July 25, 2005, 1:51 pm | | Topic: What is Rakeback? Forum: Bonus Whores | black999 wrote: Are there any sites, other than Absolute, that you can earn a rakeback while clearing a bonus?
Ultimate Bet, Cryptos, and I believe most Prima skins (not sure on that one though). | | Static Link |
| Posted by: black999 at July 25, 2005, 11:46 am | | Topic: What is Rakeback? Forum: Bonus Whores | chachcox wrote: What is the rake?
This is the amount the poker room charges the players for playing at their site. In cash ring games the sites take a cut of each pot that is over a certain amount (usually $5).
What is MGR?
Monthly Gross Revenue (MGR). This is the total rake paid by the player as calculated by the Poker site
How does the site calculate my MGR?
"Gross Revenue" is calculated as the sum total of all Players' contribution to all "rakes" the Players were involved while playing at the Website, less any credits, bonus or promotional amounts given to Players, processing charges, charge backs, or any un-collectable revenue attributable to the Player.
Moreover, a Player's contribution to the "rakes" shall be determined as the quotient obtained when dividing the actual amount of each rake to which the Player had contributed divided by the total number of players at the table at the start of the hand. So, if the rake in a hand with ten players at ... | | Read Entire Entry |
| Posted by: Naiss at July 25, 2005, 10:22 am | | Topic: What is Rakeback? Forum: Bonus Whores | chachcox wrote: What is the rake?
Moreover, a Player's contribution to the "rakes" shall be determined as the quotient obtained when dividing the actual amount of each rake to which the Player had contributed divided by the total number of players at the table at the start of the hand. So, if the rake in a hand with ten players at the table is three dollars ($3.00); each player's contribution to the rake will be thirty cents ($0.30).
Remember most of the time the rake will be 25cents, so with 25% rakeback on a 10-handed table you will be getting 25% of 2.5 cents. Even at 2/4 most hands go unraked at the tight crypto sites. You really need to be playing at a level were the max rake of $3 ($60 pot) is taken out most hands to make it worthwhile. | | Static Link |
| Posted by: ThuNd3r at July 24, 2005, 9:42 am | | Topic: What is Rakeback? Forum: Bonus Whores | SoCalRugger wrote: ThuNd3r wrote: does interpoker let you clear bonus and have rakeback without penalties?
That was the case when I was clearing the bonus in the poker room. The bonus money was not subtracted from the MGR. However, now I just clear the bonus in the casino, so it may have changed since then. But from what I can remember, it was an extra $12 in rakeback on top of the $90 bonus.
That sucks. I wish I knew this before I did the monthly. Extra 25 bucks on top of the $90 bonus if played at 2/4 or 3/6 limit. | | Static Link |
| Posted by: post1958 at July 24, 2005, 7:55 am | | Topic: What is Rakeback? Forum: Bonus Whores | Great thread - i was curious about the mechanics.
chachcox - please clarify in your example above - do you have to contribute to get credit for the rake.
For example - 10 dealt cards - 6 not in the blinds fold - 4 play and the hand rakes $3
Do all 10 get credit for .30 MGR, or do the 4 who contributed get .75?
Thanks | | Static Link |
| Posted by: SoCalRugger at July 23, 2005, 2:57 pm | | Topic: What is Rakeback? Forum: Bonus Whores | ThuNd3r wrote: does interpoker let you clear bonus and have rakeback without penalties?
That was the case when I was clearing the bonus in the poker room. The bonus money was not subtracted from the MGR. However, now I just clear the bonus in the casino, so it may have changed since then. But from what I can remember, it was an extra $12 in rakeback on top of the $90 bonus. | | Static Link |
| Posted by: Ben_Knifed at July 23, 2005, 11:52 am | | Topic: What is Rakeback? Forum: Bonus Whores | chachcox wrote:
So, if the rake in a hand with ten players at the table is three dollars ($3.00); each player's contribution to the rake will be thirty cents ($0.30).
Right, so in the above example, if you had a 27% rakeback deal you would get 27% of your $.30 contribution back. You don't have to refer other people but you must sign up through a rakeback affiliate. So, yes you would get more rakeback the more hands you played and the higher limits you played. Also, most sites will not give you rakeback on the hands in which you are clearing a bonus, Party for example. Some do, Absloute for example.
_________________
I haven't left the house in going on three days. | | Static Link |
| Posted by: chachcox at July 23, 2005, 10:55 am | | Topic: What is Rakeback? Forum: Bonus Whores | What is the rake?
This is the amount the poker room charges the players for playing at their site. In cash ring games the sites take a cut of each pot that is over a certain amount (usually $5).
What is MGR?
Monthly Gross Revenue (MGR). This is the total rake paid by the player as calculated by the Poker site
How does the site calculate my MGR?
"Gross Revenue" is calculated as the sum total of all Players' contribution to all "rakes" the Players were involved while playing at the Website, less any credits, bonus or promotional amounts given to Players, processing charges, charge backs, or any un-collectable revenue attributable to the Player.
Moreover, a Player's contribution to the "rakes" shall be determined as the quotient obtained when dividing the actual amount of each rake to which the Player had contributed divided by the total number of players at the table at the start of the hand. So, if the rake in a hand with ten players at the table is three dolla... | | Read Entire Entry |
| Posted by: sd72667 at July 23, 2005, 10:52 am | | Topic: What is Rakeback? Forum: Bonus Whores | | I have searched this forum about Rakeback, but have not found an answer. How does it work? Do I receive a % back the more hands and higher limits I play? Do I have to sign other people up to receive rakeback? | | Static Link |
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