Indy, I posted the following for you earlier and this was mostly what I was interested in hearing about regarding the rake. If anyone else has any suggestions on how they would use the $300 in order to clear the play through I am open for the help.
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Speaking of the rake rate to clear money, I have $300 or more in freeroll money. I don't really understand how the rake ratio works out and you seem to have a firm grasp on it. How may hands, hours, days, weeks, whatever would it take to clear that money so it is no longer freeroll money? Not sure if I am asking the question clearly so hopefully you can fill me in. I'm sure it depends on the game stakes and table but I'll let you give me some examples if you would be so kind.
This was the answer I got from Gio, which while informative, wasn't what I was looking for.
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Congratulations on your freeroll success!! The clearance rate for clearing your winnings for withdrawal is only 1:1. That means for every one dollar of rake you pay you clear one dollar for withdrawal. The minimum withdrawal by Western Union is $200.00. You can keep track of your rake paid over the current month and the two preceding months by clicking Rake Statistics on the Game menu in the main lobby window. As you say, the rate at which you clear your winnings depends on the type of games and stakes you play. The play through requirement is found in the terms of service, promotional pages and has been mentioned in this forum on numerous occassions for a very long time.
I understand from what we have previously discussed that it clears on a 1:1 ratio and I understand that means if I am in a hand that is raked for $.10 then $.10 just came off my tab. So then I have to clear $299.90 after.
I was really hoping you,
INDY would chime in and say I need to do the following to clear the money.
1) Play 2 tables at a time of .05/.10 limit hold 'em or play one table of .10/.20 Omaha
2) Play the 6 man tables or 10 man tables because they rake differently than the HU tables.
3) You will need to play approximately 10,000 hands (or 20k, 30k, 40k hands) at this level to complete the requirement.
Yeah, I am too lazy to figure it out on my own. Not really but as there are others here who seem to have a better understanding of the optimal way to play, I would rather defer to their judgment.
Last edited by SouthernPott; 03-20-2013 at 10:11 AM.
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