Quote:
Originally Posted by MicroBob
People like stealth are in this thread and are really confused. They can't believe the rakeback isn't the way WSEX told him it was and has to be told multiple times by people on here that we really are right and that WSEX support really is wrong.
Two things, WSEX didn't tell me anything.....
And the reason I re-asked my question was I couldn't believe the answer. NOT that it wasn't correct. Just couldn't believe it.....
Fyi, I was running a $5 limit stud game in my basement when I was in high school, Years ago.
I raked 10% up to $4 in that game. Which gave me more jingle in my jeans than most kids. Well all the kids other than the drug dealers
So when I HEAR rake, I have a good idea of what is meant.
When I HEAR rakeback, to ME, it meant, just as I asked.
IF their was $2.00 total rake and the rakeback is 75%. I, the winner of the pot would get back $1.50 and the house would keep .50 cents.
NOT sharing it with the table...!!!
So, I'll be honest with you, when GM Fred says, "The rakeback is dealt the dealt method," I have NO clue as to what that is........
I did understand what Mitch wrote below, "Say there are 5 players dealt in and the total rake was $2. It would be $2 divided by 5 players, and you would receive 75% of that, $0.30.
I can't believe it's done that way but I understood what he said!!
He added, "You can verify this with pokertracker."
Well I don't have pokertracker....
And finally, after looking around the WSEX poker pages, there is NOT an explanation as to how the rakeback works!!!