Quote:
Originally Posted by LuckyGyro
Fnord_too, I wish it was the way you described it but it is far from that. 35% RB does not mean you get 35% of the rake from any hand. It means you get back 35% of what you contributed to that rake. Example, if its a 9 handed table you would get 35% of the rake divided by 9.
I understand the various methods of calculating rake and rake back pretty damn well. What I am saying is that in a system where only a fraction of the people get rakeback, the percentage they get is more than what they would get if everyone got rakeback.
Let me illustrate further: Say a 5 handed table produces $500 in rake over the course of some time, and 2 players had 35% rakeback. Lets say MGR was even split, too. Now the site pays $70 out. If all 5 players had RB, the site would pay $175 out. That is a big difference. So if everyone was on RB, they would probably have to drop the percentage considerably.
You might argue that they could cut into their margins, which may or may not be feasible. But the fact remains that if they can pay back X% of the total rake they take in, then the fewer players getting a piece of that the more each of those players is going to get.