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rakeback vs bonus

  
 
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ihategnomes
Old 08-23-2005, 07:12 PM     Post subject: rakeback vs bonus #1 (permalink)  
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I was recently sent an email offering a bonus at multipoker. It was a beast, like near 2000 hands for $100 bucks, I figured this was worth it, as I probably wouldn't be paying rake enough to get this back via rakeback. But, you get negative numbers on your stats when clearing a bonus. Here is what my tracker says on the date I cleared the bonus.

August 19, 2005 Multi Poker $-63.33 $-15.84

So maybe there is more to it than just adding up which is more. Since your MGR will be negative, you lose some rakeback in addition to clearing the bonus, so the $100 was actually a $84.16 bonus. It took me multiple days to clear the bonus yet only one day was a negative balance and it seemed like I got paid for the rest of the time for rakeback while clearing the bonus.

Rakeback during bonus $82.15
Plus bonus $84.16

Total of $166.31 for clearing the bonus.


Is this odd, I thought bonuses generally dont count towards rakeback. I know this is not a limit question, but mainly limit players care about rake back generally. Move if need be.
Field mice are fast, but owls can see in the dark.
<Bbickes> i still wanna know if the thing in your avatar is a real chick or not
<Bbickes> or am i e-crushing a dude
 
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pokerfanatic
Old 08-23-2005, 07:35 PM #2 (permalink)  
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negative MGR usually only happens at party sites, the progress release sites such as UB you'll get a % taken off for the bonus BUT you still make money in RB... absolute I do believe is the same way, along with true poker... PTY its soo easy to play a raked hand because they are greedy ass holes it wont make up for the amount in bonus...
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gutshot
Old 08-23-2005, 07:36 PM #3 (permalink)  
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The negative balance should actually show up as -100 mgr, -25 rakeback (or whatever your % is). It showed up as less since you actually earned some additional rakeback during the day while you made your way to the 2k hands to clear the bonus.

They knock your MGR off all in one fail swoop so it makes sense that you are still earning towards rakeback since even while clearing the bonus.

Take for example
day 1 (0 hands played, 1k to go) deposit for $100 bonus. MGR -100, rakeback -25 (if i get 25%)
day 2 (500 hands played) MGR -20, rakeback -4
day 3 (750 hands played) MGR 0, rakeback 0 <-- breakeven point for bonus vs mgr
day 4 (1k hands played) MGR 10, rakeback 2 (+100 for bonus)

End net +102

These numbers are all fudged to illustrate a point and might not be realistic as far as rakeback accumulation is concerned, but I think it proves my point.

Does that make any sense?
-jay

"i think the biggest leak in my game is using 2nd level thinking against players who can't think on the first level." -Renton
 
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ihategnomes
Old 08-23-2005, 07:57 PM #4 (permalink)  
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August 14, 2005 Multi Poker $33.33 $8.33 Inital Deposit
August 15, 2005 Multi Poker $76.67 $19.16
August 16, 2005 Multi Poker $50.00 $12.50
August 17, 2005 Multi Poker $76.67 $19.16
August 18, 2005 Multi Poker $93.33 $23.33
August 19, 2005 Multi Poker $-63.33 $-15.84 Bonus released.

This was a at multipoker 20x 100% up to $100.

I dig now, this must be an abnormal bonus.
Field mice are fast, but owls can see in the dark.
<Bbickes> i still wanna know if the thing in your avatar is a real chick or not
<Bbickes> or am i e-crushing a dude
 
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elipsesjeff
Old 08-23-2005, 08:33 PM #5 (permalink)  
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 Yeah, anything above 15x is just not feasible for bonuses.


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koolmoe
Old 08-23-2005, 08:41 PM #6 (permalink)  
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As an aside, there are sites such as Absolute and BetHoldem that offer both bonuses and RB. I have players signed up under me at both sites,so I am speaking from experience.
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ihategnomes
Old 08-23-2005, 09:33 PM #7 (permalink)  
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I dont see why tho? The bonus is big but I only took a $-15 from my rack back to make $80 something dollars, I see it as just extra money coming in? Am I missing something here?
Field mice are fast, but owls can see in the dark.
<Bbickes> i still wanna know if the thing in your avatar is a real chick or not
<Bbickes> or am i e-crushing a dude
 
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gutshot
Old 08-23-2005, 10:31 PM #8 (permalink)  
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If you look at the day before you cleared the bonus, you had already generated $93 in MGR. So at that point it's almost a wash for a player without rakeback. Since you get rakeback, you still came out ahead.
-jay

"i think the biggest leak in my game is using 2nd level thinking against players who can't think on the first level." -Renton
 
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