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  #23  
Old 03-24-2006, 02:26 AM
Dany Dany is offline
Senior Member
 
Join Date: Aug 2005
Posts: 103
Default Re: is CodePoker to good to be true?

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Or just sit there and win 3000$ that month...

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if you let it sit there,
you're "profit" = 7000 - 4000 - 1000 = 2000 and you'll get your correct bonus. The catch to this is you cant withdrawal and continue on with the bonus, if you do, this bonus may not be better than any other bonuses out there.

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If you look at their T&C, it says :

The profit, if any, is determined by substracting the account balance at the end of the previous month and any deposit as well as any other bonus (i.e. deposit bonus and Refer-a-Friend bonus) credited to the account from the account balance at the end of the current month at 12 am GMT

As they use the account balance, withdrawals should affect your profit. However, I already did some withdrawals and it didnt' affect my P&L. They just asked me once not to do too many withdrawals per month. Therefore, as far as I'm concerned, a few withdrawals per month is alllowed as long as you don't abuse it as I guess they have to pay processing fees for withdrawals and redeposits...
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