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-   -   effective rakeback for full tilt while clearing bonus? (http://archives1.twoplustwo.com/showthread.php?t=534398)

kkcountry 10-30-2007 03:24 AM

effective rakeback for full tilt while clearing bonus?
 
hello, i would appreciate it if someone could tell me what my effective rakeback percentage is on tilt (27%) while clearing a bonus.

thanks!

RakeTheRake 10-30-2007 06:22 AM

Re: effective rakeback for full tilt while clearing bonus?
 
Hi

There is no exact science for this as it depends what tables you play

The FT bonus is released in chunks as you earn it.

The bonus is deducted from the rake by Full Tilt (along with other deductions) before they calculate the rakeback.

In general a player will generate more rake in clearing the bonus than the actual value of the bonus and so will receive rakeback on the balance.

For example in any given month a player might earn $140 in bonuses (from the possible $600)
They might have raked $220 to clear the bonus (and no other charges)
Therefore they will get the $140 bonus from Full Tilt
And also they will get 27% of $80 ($220-$140) or $21.6 in rakeback.

But it is always better to get rakeback + bonus, rather than just rakeback….even if the bonus is deducted from your rake.
Here's a quick example of why.

Let's say you sign up and rake $1,000 in your first month.
Let's also assume you get a $300 bonus
Your net rake is $700
Let's assume for ease you are on 30% rakeback
You will get $210 (30% of $700) back
Plus you got the $300 bonus
Total comp is $510 (effectively 51% rakeback on your $1000)

Now let's assume you play the same amount without a bonus.
Bonus = 0
Net rake = $1000
Rakeback at 30% = $300
Total Comp = $300
Effective 30% rakeback on your $1000

Instantly you can see that it is better to have rakeback + bonus rather than just rakeback.

I hope that helps? Please feel free to contact me if you have any further questions.

Kind regards

RakeTheRake


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