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Rakeback player vs VIP? Rakeback player vs VIP?

11-11-2012 , 05:15 PM
Should I make the switch? I raked 120 dollars last month. What are the benefits of vip?
11-12-2012 , 04:56 PM
stay on Rakeback if thats all you raked last month, benefits of vip is you earn points faster for promos and whatnot, but if your only raking 120 a month then it wouldn't be an issue.
11-12-2012 , 05:02 PM
You need 150$ raked last month for the first VIP level, WhiteVIP. Definately stay on Rakeback. If your volume is similar every month, i'd suggest simply staying on Rakeback.
11-12-2012 , 10:46 PM
Thanks! How much would I need to be raking to consider a switch?
11-12-2012 , 10:56 PM
Quote:
Originally Posted by Horribleplay702
Thanks! How much would I need to be raking to consider a switch?
$150 minimum
11-13-2012 , 02:21 AM
this may not be the right place to ask but whats the easiest way to switch from the default vip to a rakeback system? I just started lock a ew days ago and think rakeback would be better for me.
11-13-2012 , 05:02 AM
Quote:
Originally Posted by Fishie214
$150 minimum
this so far from correct it should be illegal.


OP if u have to ask then u should stay on rakeback.

minimum u needa rake to even consider switching is like $1000 i think but im not sure
11-13-2012 , 11:20 PM
Quote:
Originally Posted by iBOOBOO
this so far from correct it should be illegal.


OP if u have to ask then u should stay on rakeback.

minimum u needa rake to even consider switching is like $1000 i think but im not sure
Really?! Read around, It has been stated like 100 times. At $150 raked you become White VIP or whatever it is, Doing the math you would earn an extra 1% compared to RB
11-14-2012 , 12:15 AM
so instead of spewing off how about you post a link so people can read.

you know, actually providing help?
11-14-2012 , 12:37 AM
u mad BOBO?
11-14-2012 , 01:04 AM
here's some info I pulled up for you OP, just replace this month's rakechase promo in place of ronin, although quite honestly at 150 dollars raked a month your never going to see current "big racechase" promo prizes.

Quote:
Originally Posted by Mccormick
The truth is, even at 11% loss for points clearing, bonus clearing and ronin (if it's half the speed, it would mean 5% RB for point clearing lost, ~22% for bonus clearing and Ronin is also around 42% RB total (so 21% lost), but as said before, you can swap inbetween so you never really lose out on Ronin as long as you swap to VIP by the end of the month.

That's still 27% lost if it's 50% lost on point clearing and bonus clearing RB vs VIP. I'm not 100% certain it's 50% however, it could indeed be a 35% different, or something along those lines.

In any case though, SilverVIP vs RB isn't the question at all: SilverVIP is for sure better, 11% vs 27% doesn't even come close - the real question is: is even WhiteVIP better than RB aswell? If the rate is indeed 50% for point clearing and bonus clearing for RB, then yes: WhiteVIP is better: 36% vs 15% (21% difference) vs above mentioned 27% would make WhiteVIP still 6% better.

From SilverVIP onwards, for sure VIP, would indeed be nice to get the numbers out there correctly, doesn't matter for me anymore though already hit BlackVIP and obviously not turning back.
Quote:
Originally Posted by Mccormick

From what i could find on the internet, it looks like it's indeed 50% bonus/point/ronin clearing rate, which would mean RB untill you hit the first level of VIP (WhiteVIP) and then just change over because the the 21% extra flat rakeback does not make up for half clearing rate of ronin/points/bonus.

I do want to add to this that this is only so if you know you will always HAVE the deposit bonus available to be clearing: if you only deposit say 200$ then it's very realistic it'll run out at one point. I made a big deposit at first to ensure i'll always have the bonus. If i do ever run out (i will still) i'll just reload and have it up again. If you don't plan on having it up, then RB may turn out better for you at least untill SilverVIP. The same goes for Ronin basically: with the (new) rule being enforced of having limits on prizes paid out, obviously being VIP for the Ronin clearing is only beneficial to you if you actually rake enough to be hitting these Ronin levels in the first place. I can imagine plenty of people are simply not getting any money out of Ronin anymore at all currently, so yet another reason to just stay on RB. Points remain 5% more return for VIP players compared to RB (10% vs 5% return) no matter what.

So yeah.. the situation will be different for everyone, but if you're a player who starts raking in a decent volume at the start of the month and are hitting Ronin levels, definately swap over to VIP once you hit White (you'll save a decent amount of rakeback on that first 150$ paid, do you get anything returned AT ALL if you're on VIP without hitting a level yet? only points maybe for 10% return?)
11-14-2012 , 03:55 AM
Quote:
Originally Posted by iBOOBOO
this so far from correct it should be illegal.


OP if u have to ask then u should stay on rakeback.

minimum u needa rake to even consider switching is like $1000 i think but im not sure


Your wrong, White VIP is much better than RB assuming a player keeps a bonus to clear which isn't hard to do.
11-14-2012 , 12:41 PM
Quote:
Originally Posted by 300zxrider


Your wrong, White VIP is much better than RB assuming a player keeps a bonus to clear which isn't hard to do.
ya see i didnt know tht. i was under the assumption rb was the way to go until you can rake enough to hit black vip consistently
11-15-2012 , 11:05 AM
Quote:
Originally Posted by smokesx
this may not be the right place to ask but whats the easiest way to switch from the default vip to a rakeback system? I just started lock a ew days ago and think rakeback would be better for me.
I just started yesterday. E-mail support at: support@lockpoker.com They will switch you. Fastest response I've ever seen from any support -- minutes mostly.
11-15-2012 , 12:15 PM
I don't understand. When you talk about rakeback, is that through a third party company?

VIP is effectively rakeback through Lock itself?
11-15-2012 , 12:32 PM
i MGR rake 5000 + a month should i be on VIP vs rakeback? can i switch back?
11-15-2012 , 12:33 PM
If you signed up through an affiliate, it could be 'through' a third party company i guess, but Lock always make the payments themselves afaik.

Even when you didn't sign through an affiliate, you can choose to be either RB or VIP, payments will be made directly to your Balance or your Vault.
11-15-2012 , 12:34 PM
Quote:
Originally Posted by BluffinNuts
i MGR rake 5000 + a month should i be on VIP vs rakeback? can i switch back?
Troll post or?

To answer seriously: obviously you should be VIP for most return by far.
11-15-2012 , 12:38 PM
Quote:
Originally Posted by Mccormick
Troll post or?

To answer seriously: obviously you should be VIP for most return by far.
No i just never researched it and never imagined a VIP system would be better than a flat 36 % rakeback system. I emailed support to switch it over now
11-15-2012 , 12:47 PM
I really can't fathom why a 5000 MGR player wouldn't take the time to figure it out really takes a few minutes work to calculate it all, and could have already made hundreds if not thousands of dollars difference over the months

anyways, glad i could have helped then
11-15-2012 , 05:22 PM
Can someone be so kind as to plainly detail the difference in return between the flat 36% rakeback, and the various VIP levels, with and without a bonus running? Or link to a thread with this info (I tried searching for clear cut numbers to no avail)?

Thanks in advance.
11-15-2012 , 06:55 PM
Quote:
Originally Posted by iBOOBOO
ya see i didnt know tht. i was under the assumption rb was the way to go until you can rake enough to hit black vip consistently
Clearing a bonus is worth a crazy amount of RB, something like 35-40% I believe. When you're a RB player you earn VIP points at half the speed which cuts the amount of RB you're getting for clearing a bonus in half. I haven't played on Lock in a while but I think RB players have to rake twice as much to place in the rake chase but I might be wrong about that.
11-16-2012 , 02:11 AM
i got transferred to black vip elite. does anyone know what the effective rakeback % is of this with bonus and november rakechase?
11-16-2012 , 05:33 AM
About 35% more RB than what you're getting now (yes, you'll be getting over 100% now)
11-16-2012 , 09:01 AM
My only concern is how does Lock make any money with all of these gangster RB/VIP deals, promotions, points, reload bonuses etc. Wonder if that contributes to the slow withdrawal payments...

      
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