#1
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Bonus taken out of rakeback?
I'm signed with FTP and a rake back affiliate and I understand that the bonus is taken out of my rakeback but I'm not quite sure what that means.
Does it mean that I will not be paid my first $600 in rake? Or does it mean I won't get any rake until my bonus clears? And also as I understand the bonus is released in $20 instalements. Will I get that instantly or once a month from my affiliate? |
#2
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Re: Bonus taken out of rakeback?
A common misnomer, being deducted from rakeback. It's actually deducted from your MGR, or effectively, your rake. IE if your MGR is determined to be $1,000 for the month, and you are getting 27%, you would receive $270. However, if you cleared $500 in bonus that month (I imagine that's way too high...this is just for illustrative purposes), you would receive $1,000-$500 = $500 x 27% = $135. Or to look at it another way, you lose 27% of the bonus you clear.
The bonus payment has nothing to do with your affilliate...it is paid directly by the site. Edited to fix RB %. |
#3
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Re: Bonus taken out of rakeback?
everytime you earn a $20 bonus installment (which is paid directly by FT and directly into your player account instantly), that $20 amount is deducted from your MGR or net rake. So in terms of a rough calculation:
[(net rake) - (bonus installments earned)] X .27 (27% rakeback) = monthly rakeback earned. I hope this helps! Tim RakeBackDirect BOBO - beat me to the answer, thanks! =) |
#4
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Re: Bonus taken out of rakeback?
Except I guess my RB % is wrong...you can tell I don't play there much. [img]/images/graemlins/grin.gif[/img]
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#5
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Re: Bonus taken out of rakeback?
Ah alright I get it. Cheers guys.
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