Quote:
Originally Posted by Breakingbad555
BRS just outed themselves as having a special rakeback deal.
We are looking for cash players (if you know any) that are existing Online winners preferably medium stakes grinders (100NL to 400NL) to play 100 200 400 Fast Forward on Party Poker
We appreciate many such individuals do not need staking so to make it an attractive proposition for them the deal offer is as follows;
80% profit share
50% rake back from Party Poker direct into account
30% bonus based on Rake from BRS into account
If you know any existing winning cash grinders that may be interested please send them to me
I had heard on the grapevine that BRS had a 70% rakeback deal with party for all their players but had no proof to back it up so kept silent. If your maximum rakeback is 40% how do you explain them offering 50% DIRECTLY FROM PARTY and bonuses on top of that if BRS arent getting significantly more on their tagged accounts.
I wan't to support party but while these under the table deals are going on and BRS are a significant % of the player base in tournaments and satties all the while colluding with each other in giant skype groups and getting away with it makes it difficult.
I can categorically confirm that (and I give my personal word on this) BR Staking (formally Bankrollsupply) does not have and never has had any preferential affiliate or rake back deal or any other kind of preferential rake back deal with Party Poker and indeed we now actually receive zero rake back , all rake back is received by players directly into their Party poker accounts of up to the standard 40% (based on volume) or up to 50% if in the Diamond club for players that rake significant amounts.
With regard to The above proposal that this post refers to I will explain the business maths that is there for all to see
We currently have about 98% of our players MTT/SNG players and are looking to expand to get the high generating and more regular winning online cash grinders
Most of such players do not need or want staking and in order to attract them we need to make an offer way better than we would normally make and likely way better than any offer available anywhere else.
The player will get 80% of PNL profit paid to them each month.
In order to persuade an existing regular winner to give this (20% of win rate) up the proposal is:
They get 50% rake back into their Party Poker account ( this is inherently available to Every player that plays on Party Poker providing they generate enough rake , as a cash grinder on 1/2 Fast Forward will do).
That rake back goes into their PNL so we effectively receive 10% of that (50% x 20%)
Providing the player achieves a minimum volume (designed to overcome variance and ensure they generate enough rake to get the diamond club 50% rake back off Party Poker (available openly to anyone) BRS will add a further 30% equivalent to that also into the players PNL so we actually effectively get back 6% of that (30% x 20%)
So to boil it down in simple terms we are effectively giving players an additional 14% rake back (30%-10%-6% ) in exchange for 20% of their winnings from play
As they are presumed (in order to be taken on in the first place ) these are current winning cash grinders we expect to make small profit from this proposal but with little risk of losing money overall
Separate from the financial considerations (which alone might not quite be worth the effort)
BRS will hopefully get some great cash players into the fold which will enhance our business generally and also likely help improve our community and the technical poker skills of other players
It is also hoped (though not required) that one or two of these winning cash players may choose to get involved in coaching other BRS players in cash play and help us to diversify our player pool
So this proposal is not just about the money even though it's a fairly low risk endeavour anyway.
With regard to BRS entering players into Live Tournaments, all of our Online players get lots of opportunities to play at live venues around the world.
We have entered players into many good value events where we feel we have a realistic expectation of the highest ROI and have done this for tournaments at DTD, Grosvenor GUKPT, Grosvenor Goliath, Genting mini series and also more recently the WSOP Monster Stack.
This type of activity will always be more often at DTD as the fields are generally (particularly at events under £500) not filled with Pro Circuit Players and more importantly there is very often significant overlay in these events.
We will continue to send our Online players and players we are looking to see how they perform, to such events
Paul Jackson
BR Staking