Betsson No More

[RakeBackCodes]

Just received this email from Betsson:

Regretfully I must inform you that all efforts to promote rakeback must stop effective immediately. The rakeback offer on you site must be removed no later than 9.00 PM tonight CET. The restrictions include recruiting players through email or via the telephone with a rakeback offer.



Ongame has informed us that if these terms are not met and respected they will close down our poker tomorrow. If this happens all transactions will be frozen which is something nobody wants.



No new players will receive rakeback after the deadline that was given to us.

[RakeTheRake]

Thanks for the Info Codes

This is a massive shame.

We think this is what Hollywood Poker were expecting and so they came up with the endless bonus scheme.

Following on from RakebackCodes warning we would recommend that players sign up with any OnGame site that offers rakeback ASAP if you want rakeback in the future

While we have not heard anything about Eurobet, this sort of warning could also possibly follow from them.

Regards

RTR

[grando]

noooooooooooooooo

wait a second, if I have it already it's not being taken away, correct?

[grando]

can you educate me on the endless bonus scheme?

[RakeBackCodes]

If you are already signed up for Betsson Poker rakeback according to them you are fine and will continue to receive rakeback.

[grando]

[ QUOTE ]
If you are already signed up for Betsson Poker rakeback according to them you are fine and will continue to receive rakeback.

[/ QUOTE ]

[img]/images/graemlins/heart.gif[/img]

[RakeTheRake]

[ QUOTE ]
can you educate me on the endless bonus scheme?

[/ QUOTE ]

Sure.....

The Hollywood scheme works as follows:

You sign up and get a normal sign up bonus...

You clear the bonus and earn points doing so...

In clearing the bonus you earn HWP Points...

When you have cleared the sign up bonus you exchange 1000 HWP points for a $400 bonus which has a 10*Points clearance

You then clear as much of all of that bonus as you can...you have 60 days....it is released in $100 clips.

If you clear it all within a week you just buy another bonus with 1000 points....

If you only clear a portion of it you can buy a new $400 bonus and start over

There is no redepositing required.

We are getting very positive feedback from players on this as the equivalent rakeback rate can be as high as 70%

[grando]

I figured that this was the case

I have no clue where you get $400 bonus for 1000 HW points

I get:

$10 after 70 Poker Points at 7x
1,000
$25 after 225 Poker Points at 9x
1,000
$50 after 450 Poker Points at 9x
2,000
$75 after 675 Poker Points at 9x
3,000
$125 after 1125 Poker Points at 9x
4,000
$200 after 2400 Poker Points at 12x
6,000

as you can see this definitely isn't self-sustaining