Here's the cut and paste from the site:
Quote:
100% Poker Deposit Bonus
Starting at Midnight EST on Monday October 27, 2008 we are offering a 100% Poker Deposit Bonus up to a maximum of $1,000.00 USD!!
How it works:
Deposit money at WSEX.com and we will start tracking your 100% Poker Bonus up to a maximum of $1,000.00 USD.
Whether it's playing at the Ring game tables or in tournaments (Single or Multi-table), you are generating Rake/Fees**. Your Bonus amount is based on the Rake generated in the 30 day period following the deposit. Instead of using your Player Points as the basis for the deposit bonus, WSEX.com bases everything on your Generated Rake.
For every $1 in Generated Rake, we will give you $0.10 in bonus up to a 100% match on your deposit. Think of this as an extra 10% on top of the Pay we are already giving you.
If during the 30 day period, you deposit more money, the Bonus will not be applied to this amount. Only on the first deposit that will start your 30 day qualifying period. After you are paid your Deposit Bonus, the next deposit you make will start the next 30 day qualifying period.
For Example:
Player A deposits $1000. During the 30 days from that deposit, Player A generates $5000 in Rake. Player A would be paid $500 as a Deposit Bonus.
Player B deposits $500. During the 30 days from that deposit, Player B generates $5000 in Rake. Player B would be paid $500 as a Deposit Bonus.
Player C deposits $1500. During the 30 days from that deposit, Player C generates $11,000 in Rake. Player C would be paid $1000 as a Deposit Bonus as the Promotion pays out to a maximum of $1,000.
Terms and Conditions:
1. The bonus is calculated on your 1st deposit made. This is known as the Kick-off deposit.
2. The bonus is issued 30 days after your Kick-off deposit. Bonuses will not be issued prior to the end of your 30 days, even if you have generated enough Rake to pay out your full 100% Bonus.
3. Please allow 48 hours for your deposit to show in your Account.
4. No stacking of Bonus. 100% Bonus applies to the first deposit made.
5. No Withdrawals during 30 day qualification period. If you cash out any amount from WSEX.com during the Bonus qualification period, you are ineligible for the deposit bonus.
How to release your Bonus:
It’s automatic. Generate Rake and the calculations are completed at the end of the 30 day period. You will be notified by email as to your Bonus Deposit summary. Then start all over again and Kick-off your next deposit bonus.
** PLEASE NOTE: World Sports Exchange uses the RAKE SHARE method to calculate your Rake Contribution Amount. The Rake Share is calculated by dividing the total rake dropped at the table by the number of players dealt into the hand. For example, if 5 players are dealt cards and the total Rake taken from the Pot is $1.00, each player is credited with having contributed $0.20 in Rake ($1.00 divided by 5 players dealt into the hand). The amount that you are credited as having contributed to the Rake is the amount that is used for your Bonus, Weekly Pay refund as well as the weekly and monthly VIP Qualification requirements.
Better than a poke in the eye with a sharp stick, but it will be ambitious to try to clear the whole bonus based on current traffic. If I remember correctly, the top rakeback earner of the last few weeks has been in the $1K range, so even he may not clear $500 (if I understand the terms correctly).