How much would YOU, a BONUSWHORE pay for a $12K party bonus?

[Baulucky]

Terms: $12,000 bonus, 60,000 raked hands to clear, one year time limit to clear, releases in $1,000 per 5,000 RHs' increments (i.e. they are really like 12 different bonuses but only one code). Initial depo is $1,000. Only 3-6 limits and higher. The bonuses are personalized, i.e.: If you purchase one, it is a unique name that can be used only once, like a coupon book.

No PMs re. this please!.

[RollaJ]

which NL would it work at?

[Baulucky]

Party NL100 I think it could work for sure. NL50 I need to check/do some math.

[Homer]

Amount I would pay < $12000 - (rakeback/hand)*(1/raked hand %)*60000

Less than $7000 if my math is correct. In reality, I'd probably only pay $5000, because I want an overlay and also the $5000 could be earning interest for me over the year instead of for the site offering the deal.

[imitation]

What homer said, I think I'd pay at most roughly 1/2 the difference between the 12,000 and the rakeback i'd recieve from 60,000hands. The large outlay would obviously be a BR issue I would need to consider, IE would outlaying 2-5k have such a great effect on my BR I could not safely play 5/106M, at the moment it would, so I would have to also calculate in the lost earn from rebuilding the BR to 5/10 limits.

I still think it would be worth it, pretty much definitely at $2k....

[ThePinkBunny]

yeah, in a world where I was guaranteed it to work and not taken away, I'd easily pay over 2k for it.

[RollaJ]

This would be so cool, I could make a great living playing break even poker /images/graemlins/laugh.gif
What are the chances Party raises the rake after selling these coupons?

[RollaJ]

[ QUOTE ]
Amount I would pay < $12000 - (rakeback/hand)*(1/raked hand %)*60000

Less than $7000 if my math is correct. In reality, I'd probably only pay $5000, because I want an overlay and also the $5000 could be earning interest for me over the year instead of for the site offering the deal.

[/ QUOTE ]

Dude, assuming this isnt purely hypothetical........STFU!

[Homer]

[ QUOTE ]
[ QUOTE ]
Amount I would pay < $12000 - (rakeback/hand)*(1/raked hand %)*60000

Less than $7000 if my math is correct. In reality, I'd probably only pay $5000, because I want an overlay and also the $5000 could be earning interest for me over the year instead of for the site offering the deal.

[/ QUOTE ]

Dude, assuming this isnt purely hypothetical........STFU!

[/ QUOTE ]

I assumed it was hypothetical, but my response would have been the same either way.

[RollaJ]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Amount I would pay < $12000 - (rakeback/hand)*(1/raked hand %)*60000

Less than $7000 if my math is correct. In reality, I'd probably only pay $5000, because I want an overlay and also the $5000 could be earning interest for me over the year instead of for the site offering the deal.

[/ QUOTE ]

Dude, assuming this isnt purely hypothetical........STFU!

[/ QUOTE ]

I assumed it was hypothetical, but my response would have been the same either way.

[/ QUOTE ]

So you are all caught up on how EV works, what about S&D would you really want to push the price higher?

[Baulucky]

[ QUOTE ]
What are the chances Party raises the rake after selling these coupons?

[/ QUOTE ]

None. This is still very raw. Let me cook it some more... You'll be in my list. Obviously this is a deal that not everyone would take... or be offered it.

[RainDog]

Are you contemplating a year long rakeback scheme Baulucky? I'm in! ...Wish I could still get rakeback at party instead of going through a silly skin. Really though, as a legit bonus I'll offer $500. Maybe more once the details are ironed out.

[imported_stealthcow]

12k would be a lot of money... i want in on this

[BradleyT]

5000 hands * $3 rake = $15000 / 10 players = $1500 Gross Rake Paid
He'd have to have 66% rakeback from party to break even on giving $1000 to player.

Paying someone up front for a bonus is moronic.

[Baulucky]

If this pig flies, you will never have to trust me with ANY of your $. You would directly deposit into party with a certain bonus code.

What I get from party would be, of course, none of your business.

[TGoldman]

What's the point of paying for a 12K bonus? If the bonus $ is too high or the raked hands requirement too low, then just adjust them accordingly.

[Baulucky]

[ QUOTE ]
What's the point of paying for a 12K bonus? If the bonus $ is too high or the raked hands requirement too low, then just adjust them accordingly.

[/ QUOTE ]

Money in the pocket is worth 10x money out of pocket. Besides I need to earn something for my creativity, no?.

Why do I sense hostility in this thread?.

[ThePinkBunny]

why should Party give you a cut though? Sure, maybe you came up with the idea, but they can just take it and run with it.

[krazyace5]

I'd be interested in the details once you get them ironed out.

[Baulucky]

[ QUOTE ]
why should Party give you a cut though?

[/ QUOTE ]

Because I am a Big Swinging Dick.

[Losing all]

Ditto.

[RollaJ]

BTW, I think Id be interested in buying 5 of them /images/graemlins/laugh.gif

ZeeJustin could probably use 40 of them /images/graemlins/shocked.gif

[o0mr_bill0o]

unfortunately, i'm not sure if i could justify jumping up limits to a place where i might not be playing break even poker... so, i'd be for it if i could play 2/4 for this sucker.

[MikeyObviously]

Well, i'd obviously do it for over 2k. Is this a hypothetical?

[Homer]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Amount I would pay < $12000 - (rakeback/hand)*(1/raked hand %)*60000

Less than $7000 if my math is correct. In reality, I'd probably only pay $5000, because I want an overlay and also the $5000 could be earning interest for me over the year instead of for the site offering the deal.

[/ QUOTE ]

Dude, assuming this isnt purely hypothetical........STFU!

[/ QUOTE ]

I assumed it was hypothetical, but my response would have been the same either way.

[/ QUOTE ]

So you are all caught up on how EV works, what about S&D would you really want to push the price higher?

[/ QUOTE ]

What's S&D?

EDIT - Oh I get it, supply and demand. I guess I don't really care.

[ThePinkBunny]

well I don't see this happening, but good luck with it. There'll be many takers includin myself.

[Reef]

I would REALLY like to have that bonus go down to 2/4 (or even 50 cent for that matter). I can't quite handle 4 tabling 3/6 yet

[LinusKS]

I'd pay for it.

If it becomes something besides hypothetical, let me know.

[igotskillz]

they used some of my ideas for a new site. I'm sure they thought up partychess just before i suggested it.

[bisonbison]

I would certainly pay 1000 for this. Let me know.

[slogger]

Not sure how much I'd pay. Need to work out the details and give some consideration to bankroll issues, but I'd like to hear more.

[TylerD]

I'd pay a $1K for, this providing it was all legit and approved by Party. Would it be for new accounts only?

[Subby]

[ QUOTE ]
I would certainly pay 1000 for this. Let me know.

[/ QUOTE ]

You could ADHOC this baby in UNDER A WEEK!

ADHOC: Amphetamine!

[Baulucky]

[ QUOTE ]
I'd pay a $1K for, this providing it was all legit and approved by Party. Would it be for new accounts only?

[/ QUOTE ]

If this pig flies, it would be 100% legit.

You'd never pay any money to me.

You'd deposit $1,000 + WHATEVER-COST-OF-COUPON into Party Poker, and Party would deduct COST-OF-COUPON from your balance after they receive an email from you purchasing the coupon, and agreeing to the Terms of the Coupon.

I am not targeting new accounts, and I'm not soliciting as an affiliate. I'd just be the coupon seller/manager/whatever.

I'm very surprised that an accomplished Bonus Whore, like you, would only pay $1,000 for this beauty. /images/graemlins/smirk.gif

[The Bear]

I'd pay $1k. Sign me up.

[MaxPower]

Great Idea. I would pay for it, but I'm not telling how much. If priced right, it would really hurt the affiliates.

Keep me posted.

[TGoldman]

I apologize if I came off as terse. Paying up front set off warning bells in my head, sort of like the supposed Prince M UBAH in Nigeria who keeps emailing asking for me to front him a few thousand dollars so that he can tap into his millions of dollars in inheritance. Since the money doesn't go directly to you, though, I have no worries. I wish you luck getting this deal setup, it would be legendary if it went through. And of course I would love to take part (Paying up front or not).

[phillydilly]

yeah, i definately like this idea, i'd be in

[djcolts]

In this hypothetical bonus coupon - would the cost of the coupon go under gambling "losses" for tax purposes? I'm asking because a 12K Bonus witha 1K non-deductable coupon cost would be worse than an 11K Bonus.

[Dilbert]

[ QUOTE ]
In this hypothetical bonus coupon - would the cost of the coupon go under gambling "losses" for tax purposes? I'm asking because a 12K Bonus witha 1K non-deductable coupon cost would be worse than an 11K Bonus.

[/ QUOTE ]

It is clearly a business expense, which is fully deductable.

[djcolts]

[ QUOTE ]
[ QUOTE ]
In this hypothetical bonus coupon - would the cost of the coupon go under gambling "losses" for tax purposes? I'm asking because a 12K Bonus witha 1K non-deductable coupon cost would be worse than an 11K Bonus.

[/ QUOTE ]

I just wanted to be sure. Thanks.

It is clearly a business expense, which is fully deductable.

[/ QUOTE ]

[WSOPWinner2005]

Would we possible see the same type of offer with the following changes

1) A $2K, $4K, $6K, $8K, $10K, and $12K option at different prices
2) Ability to play lower limits say $25 or $50 NL with higher raked hand requirements

I think those are the two things you need to focus on to make this successfull if you are dealing with party and conceptual ideas behind the promotion.

[BradleyT]

"Hey Party, I have 200 people lined up willing to pay you $1,000 so that they can pay you another $25,000 in rake, what's my cut?". /images/graemlins/smile.gif

Good idea although they may say they don't need you and steal the plan.

[cnfuzzd]

i would pay what it costs. Let me know.

peace

john nickle

[mcozzy1]

If this pig flies, I want in on it. Pretty creative.

[dogmeat]

It would be tough to turn down a deal that included $12K in bonus.............. 60K hands is alright with me!

Dogmeat /images/graemlins/spade.gif

[otctrader]

Maybe my math is off, but assuming an average rake of ($1.25 at these limits / 9 handed play avg ) * 60,000 raked hands = ~$8300, you would be receiving > 100% rake back; how would this be profitable for IGM/Party even if you shelled out a grand or two?

It's also somewhat analogous to a "paid" prop contract which Party doesn't seem to care for.

Whatever the case, sign me up.

[lfx]

I´d easily pay $1k for this..

[jmrogers7]

Ditto

[___1___]

Baulucky,

At first glance I would say I'd pay about $5000ish for it.

___1___

[Yobz]

Could be worthwhile, I'll set the price later but give me some more details if it ever works out

[Onaflag]

Count me in.

[O Doyle Rules]

I would definitely pay to do this. To throw another wrinkle into this, what if the player guaranteed he would play his 60k hands in a much shorter time period, say one or two months? Could this lower his price he would have to pay for such a coupon?

[bdk3clash]

On a somewhat related vein, could someone point me to a post (or post here) that explains what the typical rake generated per hand (or per 100 hands, whatever) by a tight, aggressive 2+2-type player is at various limits on Party? I've been unable to locate such a post in the archives.

IE: $3/6: $x per 100 hands.

[eric5148]

[ QUOTE ]
On a somewhat related vein, could someone point me to a post (or post here) that explains what the typical rake generated per hand (or per 100 hands, whatever) by a tight, aggressive 2+2-type player is at various limits on Party? I've been unable to locate such a post in the archives.

[/ QUOTE ]

Go into PokerTracker in the general tab, the column all the way to the right. It tells you how much rake you've paid for each limit.

[eric5148]

[ QUOTE ]
sort of like the supposed Prince M UBAH in Nigeria who keeps emailing asking for me to front him a few thousand dollars so that he can tap into his millions of dollars in inheritance.

[/ QUOTE ]

Have you ever been here? (http://www.419eater.com/) You could really have some fun with that guy.

[eric5148]

I would pay $2000 for this, maybe more. Damn, I've got a big bonus boner already.

[Muisyle]

What is the point of paying for a coupon? If I'm going to pay 5k for a coupon on a 12k bonus, why don't they just make it an 8k bonus in the first place?

[Aukai]

1-2K definitely sounds reasonable. I'd be in for sure.

[Baulucky]

They get money upfront and your commitment to play 60K hands. In exchange they give you the coupon, and the money if you play it, otherwise it expires. In the meantime they collect rake above the value of the coupon. Everybody wins a LOT.

[lfx]

just wanted to say this too, if you pull this of, im going to build myself an altar and worship you ..

[bdk3clash]

Post deleted by bdk3clash

[ripped]

I would be interested but what happens if we get this done in 2 months and want to do it all over again? You think they would keep shelling this out? If so I can get about 6 of these a year. 30K hands a month is nothing.

[Rudbaeck]

From Party's POV the entire idea would be to 'buy you back' from whatever skin you are using the most right now. I reckon the majority of the online 4-tabling fulltimers don't play Party but one of their skins.

[BreakEvenPlayer]

Awesome idea. 1K is a good price.

[Klepton]

i'm in for 1k, PM me whenever this happens

[BottlesOf]

I'm in, depending on price. Let me know...

[plj8624]

I'd be interested, depending on the price and reliability of the bonus (Remember the Empire 500 fiasco?). If it were rock solidly reliable I might pay $1000 to $1500. It would have to be a significantly better deal than a rakeback or other bonuses.

[shant]

I'm interested, let me know when this happens.

[pheasant tail (no 18)]

We all have a good idea of what something like this would be worth TO US. It is something like the rebate amount minus cost of tying up funds, the confidence in party to honor this agreement, and cost of restrictions this places on acct-like inability to get rakeback, other bonuses.

For some of us, 60k hands could be knocked out in a few weeks. For others it would take months.

I suspect that something like this would be attractive to party to lure those that need a little incentive to play there. Those that would be most willing to pay a high premium already multi table on their skins since they have many of the best games. But it would not attract so many of the casual and losing players. Losing players usually know they are losing players. They need incentive to make another deposit. Being at 40k raked hands might be that incentive. (I think party would be smart to give it all at the end when 60k hands are over instead of in increments) But in my opinion, losing, borderline players won't pay much for the bonus program. 60k hands is a lot of hands. That's 1000 hours or so if you are a single table player--20hrs a week for a year. I think many wouldn't even get there. And those who would have trouble getting there are the ones they want to lure.

Any time I speak w/ people who play on-line, I talk to people who don't know where all the money comes from. Party's interest is in attracting more players. Winners are already there, they need more losers. Offering this to the losing players can be just that.

Oh yeah, as we have learned from the bonuses in place, the winners benefit from the bonuses by attracting the losers and the bonus money.

So it may be fun to see how much something like this would be worth to us, but the important question is "what conditions would make it the most attractive to party?"

[WSOPWinner2005]

You just hit a spot there - I would rather see them do something like a $1,000 bonus for players for $50 that are weaker players and release it in $50 or $100 increments. Can you imagine how helpful this would be for the fish? all they have to do even if LOSING is lpay X amount of hands prior to being able to see a cash infusion without even depositing.

Now THAT is he kind of marketing Party would be wise to think of - and most likely if this is an initial proposal to them they will twist it around in some way to something along these lines.

The fish rate needs to be increased dramatically. One HUGE way party could do this is to allow resizing of their windows so the die hard fish could play at two tables a the same time weakening the saturation rate from 4 tablers.

ALOT of things could be done, and if one company will stay fishiest the longest it WILL be Party IMHO.

[WSOPWinner2005]

On the other side of the spectrum they are goign to encourage MORE strong players to multi table that typically don't to try to clear such a bonus. This would have a dramatically POOR affect on the games and their average skill level of each player at the tables.

This could be catastrophic and make party more like stars - But maybe in the long term that is what they want, although I HIGHLY doubt it.

[byronkincaid]

What about SNG players? I'll give Party $25k vig in a year for a $12k bonus.

[Kenrick]

Every "I" would have to be dotted and every "T" crossed on a deal like this. I give Party more credit than PokerNow, but PokerNow changing their minds on the shark code after a short time doesn't look good since they are a Party skin.

[thrillhouse7]

I'm definately in if I could play 2/4... might be in for 3/6 though

[bdk3clash]

I'm in. I think business-wise Party is taking steps to cut down on the proportion of hands played on skins (exclusive bad beat tables, exclusive steps tournaments, more reload bonuses).

[umdpoker]

wow. i would certainly pay more than $1000. i guess it really depends on what the exact details are, and how much money i can afford to tie up for the 2 months it would take me to clear this. it would be nice to be forced to play a ton of hands though, because my laziness is really starting to take over. please pm me or make another post if you think this is gonna take off.

[jasonHoldEm]

Lol...this is so crazy it's cool. If you pull it off I'd certainly be interested (after throughly reading the T&C).

GL,
J

EDITED TO ADD: I currently don't play very much on party (just bonuses) and I'd be interested in doing this mulitple times if it happens.

[Rudbaeck]

If rebuying becomes possible I'd constantly work on one of these bonuses, at a reasonable price. Around $1,000 sounds good.

[The4Aces]

i dotn see why party would go through you.

[Shoe]

Count me in.

[moondogg]

I'm very interested in this. /images/graemlins/smile.gif

[The4Aces]

Can anyone tell me why party poker would want to go through this guy?

[47outs]

I would be all over this like a fat kid on a smartie.

How are the talks with party going so far?


outs

[gchaos]

Count me in!!!

[pyroponic]

I'd be in, and I'd certainly be willing to drop much more than the $1,000 some of these cheap asses want to get in for =)

[cbfair]

[ QUOTE ]

You just hit a spot there - I would rather see them do something like a $1,000 bonus for players for $50 that are weaker players and release it in $50 or $100 increments.

[/ QUOTE ]

I agree completely with WSOPwinner here. While I'd jump at the chance to buy this 12K coupon, the best thing to do for the long-term growth of the site is to create a really great incentive for new players to participate with little risk. Smaller, but significant bonuses would serve all our needs; Party gets to generate rake above and beyond what they payout in bonuses and we get a steady stream of fish to feed on with seemingly endless bankrolls. With the site subsidizing the weaker players, multi-tabling sharks will always have fresh, well fed bait; and ultimately it is the multi tabling sharks which generate the most revenue for the site... This circle could go round and round for some time if it was properly implemented.

Sharks could still clear these smaller super bonuses, but they should be easily accessible and enticing to the small fish as well.

Remember Ronald Reagan's Trickle Down Economics? It probably didn't work then, and it definately won't work at a poker site today. This system needs to be fed from the bottom up.

[wdbaker]

Nice Idea

One Street at a Time
wdbaker Denver, Co

[Baulucky]

[ QUOTE ]
How are the talks with party going so far?


[/ QUOTE ]

Nothing back yet. It's Saturday. The decision man is probably off.

I really don't get it from the bad-vibers here. I'm trying to make an honest buck, at the same time that Party gets a shot at wiping out the competition, plus a Ton of money, and the Bonus Whores get a sweet deal at the same time.

I don't need the Krap guys. Go out and beat your girlfriend with a bat.

Heeeshhh. Some people are sent to heaven and the only thing they do is whine on the way there.

Thanks to the myriad of supporters. I still hope this pig flies, one variation of another. I expect Party would make a counter-proposal to what I gave them. (If they are smart, they'll do this, in some form or variation).

[MarkL444]

gladly dishing out 2 grand for this and making a personal goal (which i would not meet) to clear it in a month

[djcolts]

I would pay $1000 for this. $2000 - it would depend on the state of my bankroll at the time - it this was in a couple of months or more it would be more likely that now. Not much more than that for me (I won't be paying 5K for this).

[Sandstone]

So, uh, what have you done other than e-mail the affiliate manager and go "HEY DUDE I HAVE THIS GREAT IDEA?"

Why should he bother working with you? Have you ever done anything affiliate related before or did you just brainstorm this brilliant idea and decide it was sooooooooo great that Party would just have to agree to it?

I'm gonna e-mail the Party Affiliate Manager and see if he lets me build a rocket to the moon and if you play 25k raked hands you can come aboard. Who's in?

Seriously, this entire thread reeks of bad Online Poker Fan-Fiction, people jerking off over a fantasy that has no basis in reality.

[doublesnapper]

Count me in. I'd pay $3,000 for it. A little less than midway from the breakeven point. Maybe even $3,500. No more.

[47outs]

Simmer man.

I don't think anyone is counting on this so they can feed their kids.

Whether it is a pipe dream or not, it reaffirms everyones dedication to whoring at party.

If a request of a 12k bonus is scoffed at then no biggie. However, it may linger in Lucys' mind when its time to offer another reload. Maybe we'll see a 3/4 even $500 bonus.


outs

[Adde]

I might be interested. To not drive the price up, I say $1k.

Adde

[RollaJ]

[ QUOTE ]
I would be all over this like a fat kid on a smartie.

How are the talks with party going so far?


outs

[/ QUOTE ]

I was a fat kid (no longer a kid), and have no idea what a smartie is....... does this mean you are not interested in the bonus deal /images/graemlins/confused.gif

[47outs]

[ QUOTE ]

and have no idea what a smartie is....... /images/graemlins/confused.gif

[/ QUOTE ]


Smartie (n) : 1. Slang for "know-it-all". A person known to give unwanted and/or sarcastic advice is often called 'smartie'. 2. Candy covered chocolate which makes my belly hurt because I don't know when to stop eating them. Made by NESTLE, these candies are enjoyed by thousands of kids daily (not just fat kids) as well as adults.

http://www.nestle.ca/NR/rdonlyres/0D37747F-C496-42C4-B486-87F462FAA973/0/c_logo_L02_Smrt.jpg



outs

[The4Aces]

this might be a problem people are having with it: you are chargeing a $1000 for a service that you didnt do [censored] to deserve. all you did was e-mail someone.

[a500lbgorilla]

That being said.

I'd pay a grand for it.

Let me know.

-'rilla

[Baulucky]

[ QUOTE ]
this might be a problem people are having with it: you are chargeing a $1000 for a service that you didnt do [censored] to deserve. all you did was e-mail someone.

[/ QUOTE ]

Nowhere have I stated how much or what, if anything, I stand to win from this or if it even will fly. You seem to be just a whiner. Another one... My suggestion is not to take the deal and go find something useful to do.

[cbfair]

[ QUOTE ]
this might be a problem people are having with it: you are chargeing a $1000 for a service that you didnt do [censored] to deserve. all you did was e-mail someone.

[/ QUOTE ]

Baulucky was very clear that no payment would be made from players to him. I don't know how he's proposed to recieve payment, but in any case, it would be coming from Party, not the players.

You would be paying $1000 to Party for the opportunity to make $12,000, it sounds like a good deal to me and I don't care who else profits from it. Why would you?

[BradleyT]

Lose the douchebag attitude and you'll get the people complaining in this thread to join your side.

[lfx]

[ QUOTE ]
all you did was e-mail someone.


[/ QUOTE ]

no, he also came up with the idea, for which he reserves a reward if he makes this happen..

[Baulucky]

Fair enough. You are right.This is a waste of time till whatever is decided by Party and a real approved proposal is on the table.

Enjoy your weekend. This is my last post till I have $ for everyone.

[BradleyT]

Well I mean c'mon dude. At least try and act like an adult when trying to solicit business from other adults.

P.S. - I hope you don't use beauties like these when dealing with Party.

[ QUOTE ]
Because I am a Big Swinging Dick.

[/ QUOTE ]

[ QUOTE ]
I don't need the Krap guys. Go out and beat your girlfriend with a bat.

[/ QUOTE ]

[Baulucky]

You are 100% correct. Bye now.

[pokercraze]

[ QUOTE ]
You are 100% correct. Bye now.


[/ QUOTE ]

Bye

[pokercraze]

This has about a %.0000000001 chance of happening.

No way in hell does party poker implement this idea. I am real surprised to see posters say that they would pay for such a bonus. Crazy if you ask me.

[pokercraze]

[ QUOTE ]
Fair enough. You are right.This is a waste of time till whatever is decided by Party and a real approved proposal is on the table.

Enjoy your weekend. This is my last post till I have $ for everyone.

[/ QUOTE ]

You won't reach a proposal. The affiliate supervisors for Iglobal media are not interested in catering to the sharks.

[Homer]

[ QUOTE ]
I am real surprised to see posters say that they would pay for such a bonus. Crazy if you ask me.

[/ QUOTE ]

It's simple math.

[pokercraze]

[ QUOTE ]
It's simple math.

[/ QUOTE ]

Sure but have you considered the risks involved?

From what I gather you would have to play somewhere in the ballpark of 60,000 hands. Now many things could happen that would cancel out the allure of such a bonus. You could very well bust out... Party could get into legal trouble and go belly up. Many things could happen.

Perhaps this idea would be good for a wealthy player who has a high risk tolerance.

[crazy canuck]

You would be paying $1000 to Party for the opportunity to make $12,000, it sounds like a good deal to me and I don't care who else profits from it. Why would you?

Precisely. How come you don't complain about the affiliates charging too much for rakebacks and do when somebody have an original idea. Yeah, he wouldn't do much, but neither do affiliates who charge 2.5% of someone's monthly rake for a 10$ service.

That being said I don't understand why party would give us 12K free.

[Rudbaeck]

Party is registered in Gibraltar, the chance they'll get in legal trouble is right about nil. In general Gibraltar doesn't care what the heck companies registered there do, and they sure don't care what a company with a profit of $500,000,000 in 2004 does.

Most people who posted in this thread can finish the hands required in two or three months, with virtually zero risk of busting out. Especially as the payout is in installments, not all at once. You only need one installment to be break even... Quite a few derive their entire, or most of their, income beating these games day after day. If they bust out they have bigger problems than losing $1,000.

It's twice as good as the rakeback I am currently receiving on one of the skins. I'll take Party up on this if they decide to offer it.

[Adde]

Sure but have you considered the risks involved?...Perhaps this idea would be good for a wealthy player who has a high risk tolerance.

Wrong. No big risk. You pay the fee, (say) $1k, play 5000 hands to release the first $1k bonus, withdraw the fee, and you're home. Done in a week.

Adde

[Shoe]

I think you could get a lot more people to sign up for this by eliminating the initial fee, and then increasing the number of raked hands required for to release each part of the bonus (Perhaps release $1,000 every 5500 hands instead). Although there are a lot of serious players here that would finish the whole thing, I'm sure there are a lot of other players that would start the bonus and never finish, thus increasing the number of raked hands player at party vs. other sites.

[TylerD]

I'm glad you agree with Bradley because I was thinking exactly the same thing.

[Baulucky]

Yes. I was out of line. My public apologies to those offended.

[Blackjack]

Count me in as well if it ever goes down.

[crazy canuck]

Forgot to say count me in as well.

But I'd wager against that it will work because remebering the Empire500 incident every bonuswhore would start signing up their brothers, sisters, umpteenth cousin, long dead great grandmas, dogs, cats and goldfish.

[The4Aces]

i would rather just party do this bonus themselfs and give us the moeny they would pay you.

[phillydilly]

I haven't seen any posts in this thread in a while, so i don't know if the idea is dead, but i thought i'd throw something out there, in case its not.

A lot of the discussion seems to be the limit to clear the bonus for 2/4 1/2 or .5/1 players, and if this is good for the site/fish.

So why not tweak the bonus requirements slightly. Instead of saying the bonus must be cleared at 3/6 or better, how about starting lower and increasing the levels.
1st $1000 can be cleared at 1/2 or higher
2nd $1000 can be cleared at 2/4 or higher
3rd $1000 can be cleared at 3/6 or higher
4th $1000 can be cleared at 3/6 or higher
5th $1000 can be cleared at 5/10 or higher
6th $1000 can be cleared at 5/10 or higher
7th $1000 can be cleared at 5/10 or higher
8th $1000 can be cleared at 10/20 or higher
9th $1000 can be cleared at 10/20 or higher
10th $1000 can be cleared at 10/20 or higher
11th $1000 can be cleared at 15/30 or higher
12th $1000 can be cleared at 15/30 or higher

I think this would clear both of these issues.
players who do not currently have a bankroll for 3/6 would be able to build up the bankroll in the first two releases.

By the time people would clear the first 3rd of the entire bonus, they'd be playing 5/10. This should pull a lot of the multitabling tags to out of lower levels and let the fish swim a little bit. Making .5/1 1/2 2/4 much easier games, and helping the site with new players not busting out in a week. It would also help in the long term as some players would inevitably stay at higher limits after clearing the bonus.

Lastly, those of us who would like to move out of the kiddie pool and start makin some moves at 15/30, would have the chance with the way these bonuses are released.

Anyway, just some thoughts, curious what others think.

[Baulucky]

In discussions next week with the Gibraltar people...

This can take a while to fly...if it ever does.

[RollaJ]

IMO opinion this may work, but not with the numbers you suggested, you are forgetting that they must still pay their original affiliates, in addition to this bonus