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  #1  
Old 09-01-2007, 01:29 AM
foal foal is offline
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Join Date: Apr 2007
Posts: 1,019
Default FTP rakeback + deposit bonus, negative rakeback

So I have rakeback with rakereduction.com. I notice after playing my first 389 hands that I have 4.00 toward my 600 bonus and -3.5 in rakeback. I understand that the two don't work well together, just a few questions if anyone can give me more info:

How badly is the bonus going to hurt my rakeback account? Will I be like -500 in rakeback by the time I clear it? Do I actually owe them money when it's negative?

Oy.
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  #2  
Old 09-01-2007, 02:14 AM
707782 707782 is offline
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Default Re: FTP rakeback + deposit bonus, negative rakeback

no, it will be -501.35
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  #3  
Old 09-01-2007, 02:20 AM
steel108 steel108 is offline
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Join Date: Feb 2006
Location: ^^^^ I\'m going to hell
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Default Re: FTP rakeback + deposit bonus, negative rakeback

You had to deposit so that affects ur rakeback. And no u will not owe ur affiliate money. Just clear the bonus; you will also have rb on top of it when ur done
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  #4  
Old 09-01-2007, 02:37 AM
Backspin20 Backspin20 is offline
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Join Date: Oct 2006
Location: South of Boomswich, NJ
Posts: 845
Default Re: FTP rakeback + deposit bonus, negative rakeback

its still a good deal and your making more with the bonus+rb then you would with just RB
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  #5  
Old 09-01-2007, 02:39 AM
jkpoker jkpoker is offline
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Join Date: Jan 2007
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Default Re: FTP rakeback + deposit bonus, negative rakeback

The bonus is deducted from the MGR the total rake you pay at a rate of around 45%(not exact) the other 55% you still earn your 27% rakeback on top of the bonus.

As was stated about the negative is most likely from depositing
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  #6  
Old 09-01-2007, 03:20 PM
freecard4all freecard4all is offline
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Join Date: Apr 2007
Posts: 479
Default Re: FTP rakeback + deposit bonus, negative rakeback

the bonus is equal to 60% rakeback. Thus you will have about + $300 rakeback made after you clear the $600 bonus.

That minus MGR is caused by deposit fees.
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