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-   -   Crypto net and gross rakeback-explaination plz (http://archives1.twoplustwo.com/showthread.php?t=505145)

AssFrister 09-20-2007 03:56 AM

Crypto net and gross rakeback-explaination plz
 
So you can get "50%" at crypto but then a little further down it says words to the effect the 50% is based on net rakeback and crypto consider net rakeback to be 77.5% of gross rakeback. WTF does that mean? Net of what? Its not net of bonuses cause it says they are not deducted.

Dunno why all these places have to make it so [censored] complicated.

Many thanks for any light shedding...

GamblerZone 09-20-2007 04:04 AM

Re: Crypto net and gross rakeback-explaination plz
 
Hi AssFrister,

This is "setup" and defined by Crytologic themselves, so I guess they're the only ones that know exactly. But it is believed they have removed 22,5% of the marketing costs and "other costs"/support etc. Bonuses are not deducted, that's correct.

Unless you're a highroller pushing a high MGR amount, which increases it's possibility to get the "GROSS" rake deal and not the "SCAM" deal which many indicates that "NET rake" is.

Best Regards

AssFrister 09-20-2007 04:14 AM

Re: Crypto net and gross rakeback-explaination plz
 
So are they basically saying they are applying the 50% not to my MGR but to 77.5% of my MGR? So I will get 50% of 77.5% of my MGR? So it is marketing [censored] just so they can claim higher rakeback percentages than they are actually giving?

PlayingNaked 09-20-2007 05:19 AM

Re: Crypto net and gross rakeback-explaination plz
 
yeah its like 35% rakeback from the old system was better than 50% in the new system.

GamblerZone 09-20-2007 10:39 PM

Re: Crypto net and gross rakeback-explaination plz
 
AssFrister; "Overall" that is correct, what terms you use, has to be on your responsibility [img]/images/graemlins/smile.gif[/img]


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