Re: Pokerstars over 100% rakeback, Read more inside
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This is partly correct.
Except you are ignoring the aspect that on many hands the rake will be higher than $0.50 so you will be contributing more.
If every single raked-hand was only raked $0.50 then your calcs would be correct.
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plus many hands are raked 25c and you don't get FPP's then
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