deposit bonus deducted from rakeback? - Winning Poker Network -- Two Plus Two Poker Forums

Two Plus Two Forums Archived Forums Internet Poker Winning Poker Network

deposit bonus deducted from rakeback?

...

02-04-2014 , 11:53 PM

awallen23

enthusiast

Join Date: Mar 2006 Posts: 85

Is this common? As I'm clearing my deposit bonus, the released bonus amount is being deducted from my accrued rakeback. Is this how it is supposed to work? If so, I see no benefit to this program.

Any thoughts appreciated. Thanks!

02-05-2014 , 06:18 AM

clutch352

adept

Join Date: Dec 2009 Posts: 929

Is the amount of rakeback being deducted even with the amount of rakeback?

02-05-2014 , 07:41 AM

awallen23

enthusiast

Join Date: Mar 2006 Posts: 85

Ill have to check again later today... I thought so, but now I'm wondering if the bonus increments ($10) are deducted from my actual rake, not rakeback. In that case, I'd still be making some money on rakeback, although not much, while clearing the bonus.

02-05-2014 , 08:45 AM

dboy23

Pooh-Bah

Join Date: Feb 2006 Posts: 3,754

This used to be common practice for sites pre Black Friday. If I remember correct full tilt used to deduct your deposit bonus amount from your rake paid ammt.

02-05-2014 , 09:20 AM

clutch352

adept

Join Date: Dec 2009 Posts: 929

Quote:

Originally Posted by dboy23

This used to be common practice for sites pre Black Friday. If I remember correct full tilt used to deduct your deposit bonus amount from your rake paid ammt.

Its been standard to deduct bonus from your rake paid before calculating rakeback forever.

Them taking the deposit bonus off of your actual rakeback payment is more what I'm wondering about.

02-08-2014 , 01:36 AM

mathieupoker

journeyman

Join Date: Mar 2012 Posts: 221

how rakeback is calculated: [(Ring Rake + Tournament Fees) - (Bonus Earned out)] * 27%.

02-10-2014 , 11:59 AM

ilikegreen

journeyman

Join Date: Jun 2012 Posts: 379

Quote:

Originally Posted by mathieupoker

how rakeback is calculated: [(Ring Rake + Tournament Fees) - (Bonus Earned out)] * 27%.

Is this standard practice?

So:
Tourny fees = $10
Bonus earned = $2

$10 - $2 = $8, $8 * .27 = $2.16 (as opposed to $2.70)

So when we are clearing a bonus we only get 21.6% rakeback? So maybe I shouldn't have switched to rakeback?

Last edited by ilikegreen; 02-10-2014 at 12:04 PM.

02-10-2014 , 01:28 PM

39suited

But it was suited

Join Date: Feb 2008 Posts: 8,189

Quote:

Originally Posted by ilikegreen

It is common on almost all sites and you may want to add the cleared bonus amount on top of your calculations as well as form of rakeback.

02-10-2014 , 06:12 PM

mathieupoker

journeyman

Join Date: Mar 2012 Posts: 221

yeah so you're getting $4.16 instead of $2.70 in your example... it's actually usually not that good though... it's more like $3 instead of $2.70 most of the time.

...