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Old 08-31-2007, 10:35 AM
Sciolist Sciolist is offline
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Join Date: Jun 2005
Location: London
Posts: 4,135
Default Re: AP Interest Bearing Account

[ QUOTE ]
lol no I doubt it.

There will be a catch no doubt so you just have to wait to see what it is.

Something like,

Interest on everything over $x or

interest paid in bonus $

[/ QUOTE ]
First, I would be amazed if there was no upper limit.

Second, they will be earning 5 or 6% on this money themselves, so they are making up the 4 or 3% extra. They'll make that extra 3 or 4% from your rake plus money they earn from having a larger player base. I imagine they have calculated the upper bound of money you can earn interest on according to how many hands you have to play to sustain Elite. Infact if someone can tell me how much rake they pay each month to sustain elite, you should be able to estimate this upper bound from that. I imagine we're looking at it being worth 40 or 50% rakeback perhaps (at the most).
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