Cryptologic back to 30% minimum gross from November 1st
 

Have just received emails from InterPoker and others saying that their rates are reverting to 30% gross rake (as a minimum level) from November 1st

Email as follows

[ QUOTE ]
Hello Player,

We are pleased to announce that from 01/11/07 InterPoker will offer a guaranteed minimum of 30% Rakeback when you earn as little as 1 MPP within each month*.

Our lower level players will now benefit from a structure that is amongst the most generous on the web. Greater MPP earners will still receive the same high level of Rakeback that they did before:

New Monthly Rakeback Structure
MPP Tiers Gross %
0 - 4,999 30.0
5,000 - 7,999 31.0
8,000 - 10,999 34.8
11,000+ 38.8


• As before the percentage of Rakeback will increase dependent on the level of MPPs obtained.
• Rakeback is paid on the first working day of the calendar month as previously.


[/ QUOTE ]

However....It does add that the offer ends 31st December

Good news for all really..til Dec 31st at least

Regards

RakeTheRake

Re: Cryptologic back to 30% minimum gross from November 1st
 

Hope this is 30% from 100% and not from 77.5% as it was before.

Re: Cryptologic back to 30% minimum gross from November 1st
 

yes this 30% Gross rake (meaning 38.7% net)

Definitely 30% of 100%

[img]/images/graemlins/smile.gif[/img]

RTR

Re: Cryptologic back to 30% minimum gross from November 1st
 

It would seem that not all of the rooms are approaching this the same way. I just got this from Sun:

----------
Hi Bonus Whore,

SunPoker has made a significant improvement to the rake back levels that are guaranteed to increase your bank roll starting this November 1st!

We have increased the minimum percentage you'll receive to 40%.
That's DOUBLE what it is now!

Here's a look at the new rake back scale:

Min. MPP Max. MPP Net Rakeback
0 7,999 40%
8,000 10,999 45%
11,000 and above 50%

Remember, Net Rake is the total Rake times 77.5%
----------

This is actually slightly better, since 40 * .775 = 31...they're basically just removing the bottom tier.

Re: Cryptologic back to 30% minimum gross from November 1st
 

[ QUOTE ]
This is actually slightly better, since 40 * .775 = 31...they're basically just removing the bottom tier.


[/ QUOTE ]

40% is actually net (paid) rake:

[ QUOTE ]
We have increased the minimum percentage you'll receive to 40%.
That's DOUBLE what it is now!

Here's a look at the new rake back scale:

Min. MPP Max. MPP Net Rakeback
0 7,999 40%
8,000 10,999 45%
11,000 and above 50%

Remember, Net Rake is the total Rake times 77.5%



[/ QUOTE ]

So Sun's lower level is 40% payout - 51.6% gross (as I understand it)

Are all the cryptos improving their RB or at least returnign them to previous levels?

Re: Cryptologic back to 30% minimum gross from November 1st
 

That's not the way I read it:

"Remember, Net Rake is the total Rake times 77.5%"

IE you get 40% of 77.5%.

I hope you're right, but I don't think that's the case.

Re: Cryptologic back to 30% minimum gross from November 1st
 

Hi kimchi,

That is not correct, because in which case the NET would give more than the GROSS rake.

Following is the structure for Crypto sites:

Minimum MPP Maximum MPP Net Rakeback Gross rakeback
0 99 20% 15.5%
100 599 30% 23.25%
600 1,199 35% 27.13%
1,200 1,849 40% 31%
1,850 2,499 45% 34.88%
2,500 And above 50% 38.75%

So 40% NET rake is equivalent to 31% GROSS rake at Crypto sites.

Hope this helps.

Best Regards

Re: Cryptologic back to 30% minimum gross from November 1st
 

why did they change back? Did they lose players after changing to the net rakeback method?

Re: Cryptologic back to 30% minimum gross from November 1st
 

I got this from Littlewoods, with the levels stated in the OP. Not really making me want to rush back, especially with the awful traffic in games I play

Re: Cryptologic back to 30% minimum gross from November 1st
 

Hi STW,

They didn't "change" it back, they just upped the antes a little.

They're giving you MORE rakeback in return for your play, atleast till 1st January 2008.

And noone knows what the next promotional step will be.

Hope this helps.

Best Regards