Quote:
Originally Posted by TicKinTiMeBomB
funny u guys are still fooled by the word "playthru". i guess if i was a poker site i could easily steal or not pay whoever i wanted by making an unachievable "playthru" and somehow u guppies wouldnt think twice about it. Ill just cap withdrawals at X and have a high "playthru" and i wont have to pay **** out to biggest winning players and get to keep all the deposits.
what part about 2500FFP for just one 1k cashout per week= 5k in rake @ 36% rakeback= 1800 in rakeback payment alone, which is +800 to my balance plus any winning, they never have offered to make me a non RB account because their intention was to never actually pay us anymore you think they came to this high ass FFP total randomly. They knew it would freeze the rest off the money they were suppose to payout to the old regs and they can scape goat behind it so it doesnt come off as horrid.
Its kind of comical im the one answering all the questions and attacks when im the person getting ****ed. Also by public opinion you mean the same accounts that stick up for this network everytime and potentially have skin in the game for doin so? like 39suited,santa cruz and yourself.
Im also a huge winner, if i played the amount of hands it would take to get 2500FFP a week i would win <1k alone(playing .50/1 and 1/2 either game) not even including 1800 in RB
Stealing funds or setting unachiveable playthrough goals on players would not be very good for business and that is why we do not do that at Juicy Stakes. That is why you still have the balance from the old owners on your account , even though you didn't deposit that money with us nor have made one single deposit since we took over.
However, we have to be realistic and ask ourself, how much from our own money can we pay-out, without requirments, to one single player, who doesn't want to contribute to our site nor to the bail-out of his basically lost funds with previous owners? In your case it stopped at $48,500.
Instead we put our efforts on the players that do play at Juicy Stakes. Furthermore, accounts that were created after our take-over on October 9th 2013 and have deposited money, do not have these playthrough requirements to withdraw.
Fact is that we are paying out to players and we do it successfully, like you have experienced yourself! Didn't hear very many complaints from you when we paid you $48,500 even though the cash-outs were capped already from the beginning. At the contrary, you even told players to play. You were really happy when we stepped in and offered a possible solution to getting money paid out that were as good as lost with the old owners.
Your $5,000 rake for 2500 FPP calculation is also a bit wrong and not at all unachievable unless you don't want to play at all, that is.
As stated before Juicy Stakes uses the ‘Dealt Rake’ model which means that any player will be included in the rake calculation for any hand that the player has been dealt cards in.
All players that are dealt cards at a cash game table will earn 1 FPP for every dollar raked during that hand on that table, even those players that have not contributed to the pot in that hand.
This is an example you should read:
We have 9 players at a cash game table, all receive hole cards.
Six of the players fold pre-flop and do not contribute to the pot at all
Remaining 3 players play the hand and the rake at the table gets to be $3.
These $3 in rake for this hand on this table will give ALL 9 players 3FPP each (rakeback players get 1.5 FPP each) even those who folded pre-flop.
That means that for $3 in rake 27 FPPs were given out in this hand. If all players were non-rakeback players (9 players each get 3 FPPs). This gives us an average FPP value of $0.11 ($3 rake /27 FPPs = 0.11).
With this calculation 100 FPPs = $11 in rake (100 FPPs x $0.11 = $11), 2500 FPPs = $275 in rake (2500 FPPs x $0.11 = $275)
So you would have to rake $275 to get 2500 FPP with this kind of play.
In tournaments players get 7 FPPs for every $1 in tournament fees they pay (rakeback players get 3.5 FPP).
This is an example you should read:
If a non-rakeback player registers for a tournament with a buy-in of $20+$2, the fee is the $2 and the player will receive 14 FPPs ($2 fee x 7 FPPs = 14 FPPs). This gives us an average FPP value of $0.1429 ($2 rake /7 FPPs = 0.14286)
With this calculation 100 FPPs = $14.29 in rake (100 FPPs / 7 FPPs = $14.285), 2500 FPPs = $357.125 in rake (2500 FPPs x $0.14286 = $357.15).
So you would have to rake $357.125 to get 2500 FPP.
Lastly, you state that you are a huge winner and that if you accumulated the amount of hands it would take to get 2500FFP a week you would win <1k alone (playing .50/1 and 1/2 either game). This means, that you being a rakeback player, would according to my 9 player cash game example above rake roughly $550 - $600 to accumulate 2500 FPP and at the same time win $1,000. If you did this 8 times (2500 FPP x 8 withdrawals) to get your funds off the site you would not only win roughly $8,000 but you would also get roughly $1,500 - $1,750 ($550 x 8 = $4,400 x 36% = $1584 , ($600 x 8 = $4,800 x 36% = $1728) in rakeback payments. So when you have accumulated the requirements for the current funds on your account and withdrawn them you would have roughly $9,500 – $9,750 to withdraw without requirements.
I can see how that is a huge problem for you and something you wouldn't want.