Rakeback vs Bonus Structure

[Done like Dinner]

Okay I have a question that seems simple enough but maybe not as simple as it may appear. Hollywood poker when I signed up showed a rake back of 30% on top of the FTD. Now they have changed and "After clearing your deposit bonus and earning 1000 Poker Points, you can exchange 1000 points on your my Account page to get started with the $500 Hollywood Poker Bonus!

Earn 4250 Poker Points to clear this bonus within 60 days. The bonus will be released into your account at $100 for every 850 Poker Points." Now first I believe every point is a raked hand now my only question is am I getting screwed now? Simple math says I am but I am not sure if I am reading it right. 4250 points/500$ is like 8.5%. I must be wrong? BOBO? Da king of da bonus?

[Twilight]

What excactly are you asking? Are you getting rakeback at hollywood or are you comparing a bonus vs the equivalent rakeback? At ongame you get points for contributing to a pot that is raked. What rakeback % you get from bonus depends on what games and limits you play. At 5max limit I get about 50% rakeback at towergaming with their endless bonuses (6x and 7x bonuses).

[Done like Dinner]

[ QUOTE ]
What excactly are you asking? Are you getting rakeback at hollywood or are you comparing a bonus vs the equivalent rakeback? At ongame you get points for contributing to a pot that is raked. What rakeback % you get from bonus depends on what games and limits you play. At 5max limit I get about 50% rakeback at towergaming with their endless bonuses (6x and 7x bonuses).

[/ QUOTE ]
Yes that is what I am asking. With bonuses and going 7x or 8x you get about 50% which is higher than the 30% I signed up t. I play.5+1$ and signed up at RaketheRake but then they changed to bonus 8x(4250/500$=8.5). So if I play 50 or 100NL short tables what sort of % of rake am I getting back. I think you answered me at 50%. If so thank you. Hollywood looks like they are moving to that format

[Bobo Fett]

OnGame cut out public RB several months ago. If you signed up before the change, you usually would still have it. I have RB at Eurobet grandfathered with RTR, but I don't play there much as their monthly bonus is 10x.

RTR's offer at Hollywood is pretty good, especially if you play during Hollywood's "Happy Hours" when they offer extra bonuses for Sets and Quads. I haven't calculated what that adds to the bonus...it's not huge, but at least it's something.

I'm a limit player, so I couldn't tell you what the bonus is worth for you in terms of RB, but I wouldn't be surprised if it was better than 50%. Definitely a better bonus for shorthanded players than for FR players, since Ongame's are contributed.

[DrSpitzvogel]

I also asked the question in anoher thread but maybe I´ll get a quicker answer here. I signed up for Towergaming with a private rb offer (35%) and they told me combined with their bonuses it would be 65-85% effective rb. Is that true?

[Nina]

I think you can't get both: rb is deducted from bonuses or bonuses from rb.

[Bobo Fett]

[ QUOTE ]
I also asked the question in anoher thread but maybe I´ll get a quicker answer here. I signed up for Towergaming with a private rb offer (35%) and they told me combined with their bonuses it would be 65-85% effective rb. Is that true?

[/ QUOTE ]
Yes.

[ QUOTE ]
I think you can't get both: rb is deducted from bonuses or bonuses from rb.

[/ QUOTE ]
That IS getting both. Perhaps the misunderstanding is how the bonuses are deducted. Pretty much any site that deducts bonuses deducts them from the MGR, NOT the RB itself.

IE If I generate $2,000 in rake while clearing $1,000 in bonus, the $1,000 will be deducted from my MGR of $2,000 before the RB is calculated. If I get 30% RB, I will receive $300 in RB ($2,000-$1,000=$1,000*.3=$300). So I effectively "lose" 30% of the bonus from my RB.

[DrSpitzvogel]

TYVM Boba

[gieffe]

do you get points only for contributed hands at ongame? for all the skins?

[Bobo Fett]

[ QUOTE ]
do you get points only for contributed hands at ongame? for all the skins?

[/ QUOTE ]
Yes, and yes.