View Single Post
  #14  
Old 09-28-2007, 09:57 PM
shipitkthx shipitkthx is offline
Senior Member
 
Join Date: Feb 2007
Location: Canada
Posts: 936
Default Re: Boss Media *Warning*

[ QUOTE ]
[ QUOTE ]
So does your rakeback

[/ QUOTE ]
So?
If I pay $1000/month extra in rake and get 30% back, I'm still out $700.
Unless you are getting 100% rakeback, an increase in rake is always a net loss.

[/ QUOTE ]

Are u really this dense??? You are basically being forced to move up stakes. You are moving from 100nl to ~140nl. Yah, you pay more rake, just like if you moved up from 100nl to 200nl. Like I said, the fish are being forced to move up from their normal stakes...you should be [censored] happy.

EDIT: I'll expand my example.

The average MGR generated per hand at .5/1 NL is 0.1047

Lets say you are currently playing 100nl USD and winning 5ptbb/100 and have 30% rakeback.

If you play 50k hands of 100NL USD, you will make:

Profit = 50000 * ($0.10/hand) = $5000
Total MGR = 50000 * 0.1047 = $5235
Total Rakeback = $5235 * 0.30 = $1570.5
Total Profit = $5000 + $1570.5 = $6570.50

If you play 50k hands of 100NL EUR, you will make:

Profit = 50000 * (EUR0.10/hand) = EUR5000
Total MGR = 50000 * 0.1047 = EUR5235
Total Rakeback = EUR5235 * 0.30 = EUR1570.5
Total Profit = EUR5000 + EUR1570.5 = EUR6570.50

Total USD Made = EUR6570.50 * 1.4 = $9198.70

So if you are playing against the exact same players at the exact same stakes but in EUR instead of USD you make an additional $2628.20 USD, why are you leaving again???
Reply With Quote