[betadecay]

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Also assuming a guy put in 5000 hands a month at .5/1, how much rake would one get back?

I would imagine an average rake of 20 cents per hand, so 5000 X 0.20 = $1000/10 players = 100 bucks back.

I think for a low limit bonus whore there are better opportunities out there.

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I think its more like 5 - 800 bucks.