Quote:
Originally Posted by Hetsis
Hi! I was going to sign up to Redkings. Bonuses are deducted from commission. Does this mean that deposit bonus does not add any value over 30% rakeback?
Thanks!
Hey H
Actually they are not deducted - that is a throwback to OnGame...
TY for the Heads up...
But just for your own interest
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.
Best wishes
Johnny
Skype: rakeback1