Quote:
Originally Posted by negozin
From what level do you consider the minimum and optimal level to starting doing cashback?
For sure, there is no point to start the cashout before at least the level 9.
I was doing some calcs here, and rakeback is much more +ev than this cashback reward.
=(
Even at higher rates if you cash the tourney's .. I'm pretty bad at tourney play and i'm over 50% rate of return on my vip points to tournament entry. I'm about to turn J gear, so rakeback is far better 35% to 30%. Q gear is another 50k points 6 months at my play rate and is breakeven for rake back.
10 pts vs 6.5 points gets me bonus clearing (assuming I have one) is $100 vs $111 rake for 10 bucks so 10%+ to bonus or 45% vs 43.6% .. if I converted at Q level
However I can use my points at 50% roi (about minimum for my tourney ability) for 3.25% more and 43.6 goes to 47.1% rakeback. Even though I suck at tourney's I enjoy playing them on the weekend so even at Q gear with a bonus I do better with rakeback. However it gets close .. K gear is the point of switching for me and that is 1.5 years away, not sure if all this is viable for that period of time but we will see.
For non-rakeback players just got to grind that $1000 in rake to get to 25% and your better than stars gold star which is doable, but merge rake is pretty brutal.