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  #11  
Old 12-17-2006, 06:27 PM
TheFisherKing TheFisherKing is offline
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Posts: 14
Default Re: Ongame

I have no idea which is better out of 35% at Betsson or this "Never-Ending Bonus" at Hollywood that RTR are doing. Its pasted below.

I'd like to know what percentage it works out to. How much rake do you have to contribute to earn one or 1000 points? I can't seem to see anything about points on Hollywood's site at all.

3. Start playing for real money and collect Poker Points to clear your first deposit bonus.
4. After clearing your deposit bonus and earning Poker Points while doing so, you can exchange 1000 Points on the "My Account" page to get started with the $400 Never-Ending Bonus
5. You then have 60 days to clear as much of this $400 bonus as you can. The bonus will be released into your account at $100 for every 1000 Poker Points. If you don't clear it all within the 60 days no problem you can just start again by purchasing a new $400 bonus
6. If you clear the whole $400 bonus before the end of the 60 days then you can just exchange another 1000 Points for another $400 Bonus straight away by exchanging another 1000 Poker Points.
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  #12  
Old 12-17-2006, 08:52 PM
recallme recallme is offline
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Join Date: Oct 2006
Posts: 2,759
Default Re: Ongame

Could someone send me a good offer for ongame per PM?
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  #13  
Old 12-18-2006, 06:07 AM
RakeTheRake RakeTheRake is offline
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Join Date: Mar 2005
Posts: 914
Default Re: Ongame

There is no definitive answer to the question of exactly what the bonus equates to...
Arguments and calculations can show anything up to 70% depending on the type of player....
Below are just a couple of examples

A player plays ring games (10 seated) and earns 4000 points in a month to clear their $400 bonus.

In earning 4000 points, that player’s tables must have contributed 4000*0.1/.07 = $5714.28.

Assuming the ‘average’ player at that table is the player in question, then he or she contributed $571.43 to earn the $400 bonus.

This equates to a 70% rakeback.

Of course, this is the highest end model. Something toward the lower end would be the model for 6max.

In the case of a 6max table, the rake paid by the ‘average’ player in clearing the full bonus with the other members of the table would be $952.38. 400/952.38 = 42% rakeback.

In the overall figures for players, the average true ‘rakeback’ for players on the old 30% system was approximately 50% rakeback when the partial deduction of bonuses was included. The 10x bonus is the closest approximation on that figure (50% true rakeback), but of course, since this the new system is not a contributed rakeback system, it can vary substantially between players and tables.

Since points are not a stable measure of rake, there is NO perfect model or answer to the question.

Kind regards

RakeTheRake
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  #14  
Old 12-18-2006, 10:24 AM
TheFisherKing TheFisherKing is offline
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Join Date: Jul 2006
Posts: 14
Default Re: Ongame

Hi RTR,

I think I'm with you, but could you just explain what the 0.1/0.07 corresponds to in your first calulation?

Also, just to help me get it clearer in my mind, am I right in thinking that the tighter you play, the higher your percentage will go? I mean, in theory (assuming you didnt have to post blinds), you could fold every single hand preflop and never make an actual contribution to the rake, and so get an infinite percentage? Because its a "dealt" system is it not? So the total generated rake is considered to have come from everyone equally?

Or am I totally on the wrong train of thought?

How does one earn a point? It must be that the table has to generate $x rake and then everyone earns one point. Is that right? What is x?

Thanks for your help [img]/images/graemlins/smile.gif[/img]
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  #15  
Old 12-18-2006, 12:57 PM
ninenine_zoe ninenine_zoe is offline
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Join Date: Mar 2006
Posts: 658
Default Re: Ongame

[ QUOTE ]
could you just explain what the 0.1/0.07 corresponds to in your first calulation?


[/ QUOTE ]
every 10 cent in rake (you only need to be dealt in the hand) you get 0.07 points towards clearing the bonus.

i think ongame has contributed rakeback, so i would assume a sh limit 10/20 players would like to get rakeback and a tight player at FR limit 1/2 would like to get a bonus...
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  #16  
Old 12-18-2006, 04:19 PM
recallme recallme is offline
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Join Date: Oct 2006
Posts: 2,759
Default Re: Ongame

Is there another Ongame site, where i can get a good RB offer? Or is Hollywood the best?
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  #17  
Old 12-18-2006, 06:25 PM
The Worm The Worm is offline
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Join Date: Dec 2005
Location: Somewhere btw Heaven and Hell
Posts: 516
Default Re: Ongame

HWP stopped offering rakeback, apparently there new bonus structure is suppose to be like rakeback.
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  #18  
Old 12-19-2006, 05:59 AM
Spy Dog Spy Dog is offline
Senior Member
 
Join Date: Jan 2004
Location: Beer tastes good
Posts: 5,193
Default Re: Ongame

[ QUOTE ]
I have no idea which is better out of 35% at Betsson or this "Never-Ending Bonus" at Hollywood that RTR are doing. Its pasted below.

I'd like to know what percentage it works out to. How much rake do you have to contribute to earn one or 1000 points? I can't seem to see anything about points on Hollywood's site at all.

3. Start playing for real money and collect Poker Points to clear your first deposit bonus.
4. After clearing your deposit bonus and earning Poker Points while doing so, you can exchange 1000 Points on the "My Account" page to get started with the $400 Never-Ending Bonus
5. You then have 60 days to clear as much of this $400 bonus as you can. The bonus will be released into your account at $100 for every 1000 Poker Points. If you don't clear it all within the 60 days no problem you can just start again by purchasing a new $400 bonus
6. If you clear the whole $400 bonus before the end of the 60 days then you can just exchange another 1000 Points for another $400 Bonus straight away by exchanging another 1000 Poker Points.

[/ QUOTE ]

Where do you exchange 1000 points for $400? Are they no longer doing this deal?

I am at the Titanium level (the highest level) and here are my offers:

$10 after 70 Poker Points at 7x for
1,000 points exchanged

$25 after 225 Poker Points at 9x for
1,000 points exchanged

$50 after 450 Poker Points at 9x for
2,000 points exchanged

$75 after 675 Poker Points at 9x for
3,000 points exchanged

$125 after 1125 Poker Points at 9x for
4,000 points exchanged

$200 after 2400 Poker Points at 12x for
6,000 points exchanged
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  #19  
Old 12-19-2006, 11:14 AM
TheFisherKing TheFisherKing is offline
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Join Date: Jul 2006
Posts: 14
Default Re: Ongame

According to point 5 its 4000 points for $400 not 1000 points. Maybe they made a mistakein point 6.

Dunno why Hollywood have to make it so complicated. Just makes me suspicious that they dont want you to be able to easily compare it because this new method is a way to reduce rakeback. Ill probably end up getting deals at Hollywood and Betsson and just comparing the two with two blocks of 5k hands.
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  #20  
Old 12-19-2006, 12:09 PM
recallme recallme is offline
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Join Date: Oct 2006
Posts: 2,759
Default Re: Ongame

Is 35% for Betsson the maximum for ongame?
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