Quote:
Originally Posted by Pingviini
What is the best way to make use of the Partys bonus system? I mean is there any better way than to just grind them bonus after bonus?
It seems ridiculous to grind another 30k points (15k in rake) in 180 days to clear a $5k bonus..
The best way is not make use of it at all. I calculated my rakeback in the first year would be 9.5%.
I already have a party account, so no welcomebonus for me. On average I earn 200 playerpoints a day (pay $100 rake a day). To be able to buy the $5000 bonus I need 40000 pp. That means the first 200 days I play without rakeback. Then it takes 150 days (30000 pp) to release the bonus.
At this point I have payed $35000 in rake and receive $5000 bonus. But say I make $50k a year just by playing. When I cashout the $55k they charge me 3% which is $1650. So that leaves me with($5000-$1650) $3350 rakeback while I payed $35k in rake. This means 9.5% rakeback.
Last month I was looking for another pokersite to play. I considered partypoker untill I calculated the rakeback. Now I am playing on another site. There I received a welcomebonus of $1000 which is released when you pay $2222 rake (that is 45% rakeback) and you get your normal rakeback besides that which for me was 20% last month. After playing 3 weeks every day I received a mail: Dear ..... we are missing you at the tables , we have the following bonus offers for you..... So I chose another bonus of $1000 which came to another 40% rakeback.
So In my first month I received 65% rakeback against 0% rakeback in my first month had I chosen for Partypoker. You can imagine it was not a difficult decision which site to play.