$24,000 p.a. at CodePoker
 

They have just increased their 50% on winnings. You can now get up to 2,000 $ a month if you are a winning player.

Re: $24,000 p.a. at CodePoker
 

1) To qualify for the Gold Membership level 1, a minimum of 1500 raked hands must be played during the current month. The Gold Membership level 2 needs a minimum of 2500 raked hands. The Gold Membership level 3 requires a minimum of 4500 raked hands. The Gold Membership level 4 requires a minimum of 7500 raked hands and the Gold Membership level 5 requires a minimum of 10’000 raked hands. A raked hand is defined as a hand in which a rake of at least 25c is taken. Players' current number of raked hands is viewable at any time in the poker room.

2) The amount that CodePoker will credit on top of your profits is the Gold Bonus (hereinafter referred to as the "Gold Bonus".

3) The Gold Bonus level 1 is limited to a maximum of $300, level 2 to a maximum of $600, level 3 to a maximum of $1000, level 4 to a maximum of $1500 and level 5 to a maximum of $2000 (deposit bonus included).



This is essentially a 5x bonus with the caveat that if you run bad, you don't receive anything.

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
1) To qualify for the Gold Membership level 1, a minimum of 1500 raked hands must be played during the current month. The Gold Membership level 2 needs a minimum of 2500 raked hands. The Gold Membership level 3 requires a minimum of 4500 raked hands. The Gold Membership level 4 requires a minimum of 7500 raked hands and the Gold Membership level 5 requires a minimum of 10’000 raked hands. A raked hand is defined as a hand in which a rake of at least 25c is taken. Players' current number of raked hands is viewable at any time in the poker room.

2) The amount that CodePoker will credit on top of your profits is the Gold Bonus (hereinafter referred to as the "Gold Bonus".

3) The Gold Bonus level 1 is limited to a maximum of $300, level 2 to a maximum of $600, level 3 to a maximum of $1000, level 4 to a maximum of $1500 and level 5 to a maximum of $2000 (deposit bonus included).



This is essentially a 5x bonus with the caveat that if you run bad, you don't receive anything.

[/ QUOTE ]

You can still get 35% rb if you run bad, but we all win here right? :-)

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
[ QUOTE ]
1) To qualify for the Gold Membership level 1, a minimum of 1500 raked hands must be played during the current month. The Gold Membership level 2 needs a minimum of 2500 raked hands. The Gold Membership level 3 requires a minimum of 4500 raked hands. The Gold Membership level 4 requires a minimum of 7500 raked hands and the Gold Membership level 5 requires a minimum of 10’000 raked hands. A raked hand is defined as a hand in which a rake of at least 25c is taken. Players' current number of raked hands is viewable at any time in the poker room.

2) The amount that CodePoker will credit on top of your profits is the Gold Bonus (hereinafter referred to as the "Gold Bonus".

3) The Gold Bonus level 1 is limited to a maximum of $300, level 2 to a maximum of $600, level 3 to a maximum of $1000, level 4 to a maximum of $1500 and level 5 to a maximum of $2000 (deposit bonus included).



This is essentially a 5x bonus with the caveat that if you run bad, you don't receive anything.

[/ QUOTE ]

You can still get 35% rb if you run bad, but we all win here right? :-)

[/ QUOTE ]

I wonder how long this offer will last...

Re: $24,000 p.a. at CodePoker
 

Even if it's for 2-3 month, it's good to have! I hope they keep it runing, but it should be difficult for Code...

Re: $24,000 p.a. at CodePoker
 

It shouldn't hurt them too badly. I doubt most of the players are able to take advantage of that offer.

Re: $24,000 p.a. at CodePoker
 

10k raked hands a month is a LOT of hands. LOT.

Re: $24,000 p.a. at CodePoker
 

doable since it is not contributed hands

Re: $24,000 p.a. at CodePoker
 

someone explain why they do this??

Re: $24,000 p.a. at CodePoker
 

Most people don´t win that much. Getting people to play thousands of raked hands gives Codepoker more money than if they didn´t get any players at all to play (even though there´s the risk of having to pay up big bonuses.

Re: $24,000 p.a. at CodePoker
 

Say 1/3 of players end up winning overall (which is an overstatement). They have to pay no bonus to the other 2/3, and can use the rake from ALL players to pay the matching bonus to the winners.

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
Say 1/3 of players end up winning overall (which is an overstatement). They have to pay no bonus to the other 2/3, and can use the rake from ALL players to pay the matching bonus to the winners.

[/ QUOTE ]

So how come the other rooms don't have such an offer ?

Re: $24,000 p.a. at CodePoker
 

Each of the different poker rooms try different marketing techniques to attract players... this is an interesting promotion to attract winning players.

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
Each of the different poker rooms try different marketing techniques to attract players... this is an interesting promotion to attract winning players.

[/ QUOTE ]

In addition to winning players I've had some players sign up who have big swings in their games and if they run good early they go for the bonus - if not they go to another Prima skin or play on another site and wait until next month.

Re: $24,000 p.a. at CodePoker
 

My question is, as an affiliate... Does this bonus get deducted from MGR?

If so, then just a few of your players hitting it could cripple you for the month.

I've been wondering for awhile how that works.

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
My question is, as an affiliate... Does this bonus get deducted from MGR?

If so, then just a few of your players hitting it could cripple you for the month.

I've been wondering for awhile how that works.

[/ QUOTE ]

We don't get put into the negative as affiliates. We get paid whether players hit the bonus or not.

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
[ QUOTE ]
My question is, as an affiliate... Does this bonus get deducted from MGR?

If so, then just a few of your players hitting it could cripple you for the month.

I've been wondering for awhile how that works.

[/ QUOTE ]

We don't get put into the negative as affiliates. We get paid whether players hit the bonus or not.

[/ QUOTE ]

So I guess it must be a pretty interesting deal for affiliates ?

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
My question is, as an affiliate... Does this bonus get deducted from MGR?

If so, then just a few of your players hitting it could cripple you for the month.

I've been wondering for awhile how that works.

[/ QUOTE ]

Waaaaah. You don't get as much money for doing nothing...

Re: $24,000 p.a. at CodePoker
 

How exacly does this work? If you win $4000 they pay you $2000?

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
How exacly does this work? If you win $4000 they pay you $2000?

[/ QUOTE ]

Yes, but you need to play a certain number of raked hands to qualify for each level of the bonus.

1) 1500 hands - $300 max bonus
2) 2500 hands - $600
3) 4500 hands - $1,000
40 7500 hands - $1,500
5) 10,000 hands - $2,000

Re: $24,000 p.a. at CodePoker
 

do they have the same deal if player wins or if player lose?

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
do they have the same deal if player wins or if player lose?

[/ QUOTE ]

The rakeback deal is 10% in addition to the 50% match bonus on winnings or 35% if you lose, whichever is greater.

Re: $24,000 p.a. at CodePoker
 

is it 10k hands altogether or 10k raked hands? how many hands at 100nl is 10k raked hands?

this seems like a good site to hit up for half the month.

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
is it 10k hands altogether or 10k raked hands? how many hands at 100nl is 10k raked hands?

this seems like a good site to hit up for half the month.

[/ QUOTE ]

It is raked hands. From the T & C: "A raked hand is defined as a hand in which a rake of at least 25c is taken. Players' current number of raked hands is viewable at any time in the poker room."

T & C of Code Poker Bonus

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
[ QUOTE ]
do they have the same deal if player wins or if player lose?

[/ QUOTE ]

The rakeback deal is 10% in addition to the 50% match bonus on winnings or 35% if you lose, whichever is greater.

[/ QUOTE ]

I sign up for RB though an affiliate for the 35% and you give whichever is achieved right?

Re: $24,000 p.a. at CodePoker
 

The rakeback deal is 10% in addition to the 50% match bonus on winnings or 35% if you lose, whichever is greater.

[/ QUOTE ]

I sign up for RB though an affiliate for the 35% and you give whichever is achieved right?

[/ QUOTE ]

The Code Poker 50% bonus is straight from the site.

The extra a rakeback affiliate gets you is the 10% rakeback on the 50% bonus or the 35% rakeback, whichever is greater. Megarakeback and The Rakeback Store have this exact same offer.

Re: $24,000 p.a. at CodePoker
 

Is the rakeback contributed rakeback like prima or the "everyone gets the same per hand" method?

Re: $24,000 p.a. at CodePoker
 

[ QUOTE ]
Is the rakeback contributed rakeback like prima or the "everyone gets the same per hand" method?

[/ QUOTE ]

Contributed like Prima.