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Rakeback, Elite Benefits, Bonuses & Depositing thread Rakeback, Elite Benefits, Bonuses & Depositing thread

04-10-2017 , 02:31 PM
Quote:
Originally Posted by Go Get It
Can you switch back and forth between 27% and elite benefits? Or is it a one time thing?
One time thing. There are multiple skins though, so you could potentially have an account on one with VIP and another with rakeback. You cannot play both at the same time, in case it's not obvious.
04-10-2017 , 11:55 PM
So seems like, as a new player to the site, it would be best to take rakeback see how much you rake, then make a decision?
04-11-2017 , 12:47 AM
Quote:
Originally Posted by Go Get It
So seems like, as a new player to the site, it would be best to take rakeback see how much you rake, then make a decision?
Not really imo. It's a year long program and every day later in the year it gets the more you handicap yourself. I'd start on Elite benefits and if you decide it's not for you the nswitch over as you'll only lose a few dollars in rakeback (and maybe 0 as you actually get a higher % of first deposit bonus in value on elite)
04-11-2017 , 12:50 PM
Question about Sit & Crush. I'm trying to figure out the number of points it will take to get to the top payout each week. I originally looked at last weeks leader board but that doesn't seem like a good indication. Last week only 4 people hit a top prize and it only took 1600 points with first being 1900, this week someone already has 1700 and it looks like 6 will pay and itll take close to 1800. What's typical?
04-11-2017 , 12:56 PM
Quote:
Originally Posted by xnbomb
Question about Sit & Crush. I'm trying to figure out the number of points it will take to get to the top payout each week. I originally looked at last weeks leader board but that doesn't seem like a good indication. Last week only 4 people hit a top prize and it only took 1600 points with first being 1900, this week someone already has 1700 and it looks like 6 will pay and itll take close to 1800. What's typical?
www.pokerking.com/promotions/sng-treasures

Scroll down and you'll find where you can review past contests.
04-11-2017 , 01:07 PM
Thanks! It's crazy looking back even two months and the difference in prizes given out
04-11-2017 , 01:15 PM
Quote:
Originally Posted by xnbomb
Question about Sit & Crush. I'm trying to figure out the number of points it will take to get to the top payout each week. I originally looked at last weeks leader board but that doesn't seem like a good indication. Last week only 4 people hit a top prize and it only took 1600 points with first being 1900, this week someone already has 1700 and it looks like 6 will pay and itll take close to 1800. What's typical?
Last week the majority of a couple days were lost due to server downtime. That week was an abnormality. Usually need to be in the 2400-3200 range to win $1250 but it can be more or less
04-11-2017 , 08:46 PM
Made a deposit and put in the code for the first deposit bonus but it doesn't say it's active. Halp?

And as an aside, what does PRR stand for?

Last edited by Go Get It; 04-11-2017 at 08:57 PM.
04-11-2017 , 09:04 PM
Quote:
Originally Posted by Go Get It
Made a deposit and put in the code for the first deposit bonus but it doesn't say it's active. Halp?

And as an aside, what does PRR stand for?
Contact support for the bonus, especially if it's been more than 24 hours.

PRR stands for progressive rake race, which is "The Beast" promotion.
04-11-2017 , 09:40 PM
TY, will contact support tomorrow then if I don't see it tonight.
04-12-2017 , 05:32 PM
Just wanna confirm that the deposit bonus is how it should be now.
04-12-2017 , 05:39 PM
Groovy. Did it just show up or did you end up contacting support?
04-12-2017 , 10:27 PM
Just showed up today. Prolly 15 hrs after I deposited.
04-12-2017 , 10:33 PM
Thanks, I appreciate the info.
04-15-2017 , 12:28 AM
Can someone help me figure out what I'm missing here in regards to this past weeks Sit and crush payouts?

The total jackpot was $22,196.76.

According to the website, for every $5,167, there will be (1) $1,250 prize, (2) $500 prizes, (5) $125 prizes, (20) $50 prizes, and $1,292 reseeded to the next weeks jackpot. With last weeks jackpot, the distribution should have been:

(4) $1,250 prizes
(8) $500 prizes
(20) $125 prizes
(80) $50 prizes

That would have left $1528 left, which should be split up based off of

Quote:
Residual funds (between multiples of $5,167) as Sit & Crush grows are applied to the top places in Tier 2, Tier 3, and Tier 4 - maintaining each respective cap amounts.
There's a couple ways to take this, but regardless, the split for the top three ended up being

Top of tier 2 (me, #5)- an additional $222.11
Top of tier 3 (#13) - an additional 333.17
Top of tier 4 (#33, #34, #35)- an additional $75, $75, and $27.69

There was also additional money given to places #113-#120 ($50 apiece) and #121 ($14.61) for a total of $414.61

That's a total of $1,147.58. That leaves $381. That's roughly the same percentage as the initial split would have given to reseed next week's race, which I assume is what happened.

First, while I get using the same split, they should 100% say that on their website and not say that the residual funds are split between the top 3 tiers. On that note, they should also say they are paying out the top of a "5th" tier if they are going to do that.

My biggest concern, though, is that if they are going to base the funds off of the same split, then my prize should have been over $800. I'm also at a massive loss at how the top person in tier 3 gets an additional $333 while the top person in tier 2 gets $222. I can't come up with a way that this make sense at all?? I know at the end of the day this is a small grunge, but I'm hoping somebody can give me some clarity so I can know going forawrd what to expect. Thanks
04-15-2017 , 04:08 AM
Hey does anybody have trouble seeing their rakeback updated? My rakeback doesn't seem to be updating.
04-15-2017 , 10:51 AM
Quote:
Originally Posted by xnbomb
Can someone help me figure out what I'm missing here in regards to this past weeks Sit and crush payouts?

The total jackpot was $22,196.76.

According to the website, for every $5,167, there will be (1) $1,250 prize, (2) $500 prizes, (5) $125 prizes, (20) $50 prizes, and $1,292 reseeded to the next weeks jackpot. With last weeks jackpot, the distribution should have been:

(4) $1,250 prizes
(8) $500 prizes
(20) $125 prizes
(80) $50 prizes

That would have left $1528 left, which should be split up based off of



There's a couple ways to take this, but regardless, the split for the top three ended up being

Top of tier 2 (me, #5)- an additional $222.11
Top of tier 3 (#13) - an additional 333.17
Top of tier 4 (#33, #34, #35)- an additional $75, $75, and $27.69

There was also additional money given to places #113-#120 ($50 apiece) and #121 ($14.61) for a total of $414.61

That's a total of $1,147.58. That leaves $381. That's roughly the same percentage as the initial split would have given to reseed next week's race, which I assume is what happened.

First, while I get using the same split, they should 100% say that on their website and not say that the residual funds are split between the top 3 tiers. On that note, they should also say they are paying out the top of a "5th" tier if they are going to do that.

My biggest concern, though, is that if they are going to base the funds off of the same split, then my prize should have been over $800. I'm also at a massive loss at how the top person in tier 3 gets an additional $333 while the top person in tier 2 gets $222. I can't come up with a way that this make sense at all?? I know at the end of the day this is a small grunge, but I'm hoping somebody can give me some clarity so I can know going forawrd what to expect. Thanks
I highlighted (bold) a couple numbers I'll use from your post. There is $1528 to be split up, which is 29.6% of a full $5167 block. Amounts are added to each tier in proportion to what is needed for adding a new full block. So 29.6% of what is needed for each tier should have been added. (Spoiler: it was.)

Starting with the top tier, to add a new $1250 position, $750 is needed to add to a $500 position. Adding 29.6% of $750 ($222) to $500 gets you the $722 you received.

Second tier. A new full block adds 2 new $500 positions. It also consumes 1 $500, converting it to $1250 as described above. So we need 3 new $500 positions. Creating each new $500 position consumes one $125 position, requiring $375 each. For the 3 new $500 positions, a total of $1125 is needed. Adding 29.6% of $1125 ($333) to a $125 position gets the $458 position.

Since 3 $125 positions will be consumed with a new full block (as seen above), and we need a total of 5 added, we need a total of 8 new $125 positions. Using 8 $50 blocks, we'll need 8 * ($125 - $50) or $600. 29.6% of $600 is $177, giving 2 new $125 positions (adding $75 to $50 positions) and adding $27 towards a third (which is the $77 position). Note that there are 21 $125 positions. This checks out since we had 20 of them, minus 1 which is being converted to $500 and we added 2.

Similar to above, for a new full block we want to add 20 $50 positions. Since 8 get consumed into higher positions, we add 28 of them, which requires $1400. Adding in 29.6% of $1400 (~$414) gives 8 new $50 positions and the residual $14 (position 121). We had 80 $50 positions, consumed 3 so far going towards $125 positions. So we should have 80 -3 + 8 = 85 $50 positions, which also checks out.

Finally, 29.6% of the $1292 reseed is $382.


Adding them up, we get $222 + $333 + $177 + $414 + $382 = $1528.
04-15-2017 , 03:11 PM
Quote:
Originally Posted by idun215
Hey does anybody have trouble seeing their rakeback updated? My rakeback doesn't seem to be updating.
im 99% sure mine hasnt updated in about 24 hrs or so. im somewhat new to the site so im not sure if that just happens every now and then
04-16-2017 , 10:13 AM
i have an active march reload bonus that ends 4/25. if i reload with oss code will that just begin after the 25th?
04-16-2017 , 12:35 PM
yes. keep an eye on it in your bonus section. you may have to manually activate the OSS code on the 26th
04-16-2017 , 09:23 PM
Quote:
Originally Posted by Max Cut
I highlighted (bold) a couple numbers I'll use from your post. There is $1528 to be split up, which is 29.6% of a full $5167 block. Amounts are added to each tier in proportion to what is needed for adding a new full block. So 29.6% of what is needed for each tier should have been added. (Spoiler: it was.)

Starting with the top tier, to add a new $1250 position, $750 is needed to add to a $500 position. Adding 29.6% of $750 ($222) to $500 gets you the $722 you received.

Second tier. A new full block adds 2 new $500 positions. It also consumes 1 $500, converting it to $1250 as described above.So we need 3 new $500 positions. Creating each new $500 position consumes one $125 position, requiring $375 each. For the 3 new $500 positions, a total of $1125 is needed. Adding 29.6% of $1125 ($333) to a $125 position gets the $458 position.

Since 3 $125 positions will be consumed with a new full block (as seen above), and we need a total of 5 added, we need a total of 8 new $125 positions. Using 8 $50 blocks, we'll need 8 * ($125 - $50) or $600. 29.6% of $600 is $177, giving 2 new $125 positions (adding $75 to $50 positions) and adding $27 towards a third (which is the $77 position). Note that there are 21 $125 positions. This checks out since we had 20 of them, minus 1 which is being converted to $500 and we added 2.

Similar to above, for a new full block we want to add 20 $50 positions. Since 8 get consumed into higher positions, we add 28 of them, which requires $1400. Adding in 29.6% of $1400 (~$414) gives 8 new $50 positions and the residual $14 (position 121). We had 80 $50 positions, consumed 3 so far going towards $125 positions. So we should have 80 -3 + 8 = 85 $50 positions, which also checks out.

Finally, 29.6% of the $1292 reseed is $382.


Adding them up, we get $222 + $333 + $177 + $414 + $382 = $1528.
Ok what you're saying seems to be lining up with what they did, thanks.
04-20-2017 , 09:22 PM
With the first deposit bonus at the moment, there is $50 free cash redeemed over 20 days with a new card at 00:00 ET each day for 20 days.

My problem is that each day my new card has unlocked at 00:00 GMT except today where at time of writing it is 9:20pm ET, 1:20am GMT and next card is not unlocked.

Should next card unlock at 00:00 ET according to small print on website or at GMT when it has for past 9 days of my first deposit bonus?

I'll update if and when the next card unlocks, checking every hour.
04-21-2017 , 12:14 AM
Next card unlocked today at 00:00 ET despite unlocking at 00:00 GMT for nine days previously. Weird.
04-22-2017 , 08:10 AM
Elite program is confusing me, what site do I signup to if I want immediate flat 27% rakeback?

Or is this not available anymore?
04-23-2017 , 06:15 AM
Going back and looking at transactions when you win a satty to a tournament they enter you directly into it but give you no credit towards the trny fee associated with it even tho its part of the seat you won..... Which in turn should go towards your vip/rakeback points and also any reload bonus you are working on..... Is this correct or should we get credit as if we payed the fee when entering a trny.....

      
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