Full Tilt SNG fee rakeback

[stetda]

Can someone please explain how SNG fees are calculated for rakeback on Full Tilt? I definitely see the value of rakeback for cash games, but am pondering if it's worth the trouble of starting a new account for SNG fees.

Thanks in advance!

[stetda]

let me add... also, not just SNG, but also tournament fees. I assume they are the same, but just in case they aren't...

[RakeTheRake]

You get 27% rakeback on the fee.

For example if you enter a $100 +$10
then you would get 27% of the $10 back in rakeback, or $2.70

Same for Tourneys

Kind regards

RakeTheRake

[mekkas]

I heard that with rakeback we lose part of the fulltilt bonus.. anyone can explain that to me?

Im thinking to deposit at fulltilt and complete the wagering playing 12$ sngs (I think I must play like 1500) but I need to know if the bonus I lose is more or less the rakeback I will get.

[RakeTheRake]

Indeed bonuses are deducted from rake (not rakeback) before the rakeback is calculated

But it is always better to get rakeback + bonus, rather than just rakeback….even if the bonus is deducted from your rake.
Here's a quick example of why.

Let's say you sign up and rake $1,000 in your first month.
Let's also assume you get a $300 bonus
Your net rake is $700
Let's assume for ease you are on 30% rakeback
You will get $210 (30% of $700) back
Plus you got the $300 bonus
Total comp is $510 (effectively 51% rakeback on your $1000)

Now let's assume you play the same amount without a bonus.
Bonus = 0
Net rake = $1000
Rakeback at 30% = $300
Total Comp = $300
Effective 30% rakeback on your $1000

Instantly you can see that it is better to have rakeback + bonus rather than just rakeback.

I hope that helps?

Kind regards

RakeTheRake

[mekkas]

Thanks for the explanation but I didnt get how the bonus is deducted from rake..

I will deposit 600$ and play like 1500 sngs 11+1$ (i didnt found if this number of sngs to wage the bonus is right).

So I will get 27%x1500$ (1$ fee x 1500sngs)= 405$

I would like to know how much of the fulltilt bonus I get to add to the rakeback.

It seems is profitable with rakeback but I would like to know the numbers eheh

Thanks

[RakeTheRake]

[ QUOTE ]
I will deposit 600$ and play like 1500 sngs 11+1$ (i didnt found if this number of sngs to wage the bonus is right).

So I will get 27%x1500$ (1$ fee x 1500sngs)= 405$

I would like to know how much of the fulltilt bonus I get to add to the rakeback.

It seems is profitable with rakeback but I would like to know the numbers eheh

Thanks

[/ QUOTE ]

OK you get 7 points for ever $1 in fee you pay , so you will earn 10500 points.

Each point is worth $0.06

So you will clear $630 in bonus (or i guess the $600 initial sign up bonus)

So you get $600
and you get 27% of the $900 ($1500-$600) or $243

Your total comp is $843 (243+600) or

56.2% rakeback (843 / 1500)

kind regards

RakeTheRake