Crimson
newbie
Reged: 04/08/05
Posts: 27
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New site just went online today I was Beta Testing.
http://www.gamesgrid.com/promotions.html
They offer 1000% sign up bonus with a max of 5000 (500 dollar deposit) and they have a Very Frequent Player program (10 hours a week) that pays 3 times the BB per hour with a cap of 12 dollars per hour per table and you can play as many tables as you want. Check it out, this is what i call whoring.
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moondogg
member
Reged: 10/29/03
Posts: 145
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Woohoo! I win!
BOO-YAH MotherF'er!
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Izenra
member
Reged: 04/02/05
Posts: 158
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Wow this is freaky! But it's new that the things
Good side : 5000 $ is great
Bad side: you don't know if this is reliable.
I wish it could stay like this for some more time hehe. We could see if it is real and safe.
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moondogg
member
Reged: 10/29/03
Posts: 145
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Quote:
Wow this is freaky! But it's new that the things
Good side : 5000 $ is great
Bad side: you don't know if this is reliable.
I wish it could stay like this for some more time hehe. We could see if it is real and safe.
Bad: They are dirty [censored] spammers
Good: Who [censored] cares?
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Crimson
newbie
Reged: 04/08/05
Posts: 27
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I personally have spoken to 3 people who used the server for backgammon and were on playing poker. They said no problems with backgammon so you dont have to worry about being ripped off, but your right its new so it could be buggy. Today is its first day, its only been live like 3 hours
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ewile
member
Reged: 04/05/03
Posts: 104
Loc: Oceanside, New York
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Well, you got me...I went and checked it out. With the huge bonus and the Frequent player program, I'd probably play there. If only there were some games going (there was one 1/2 table with 4 players). Get a decent player base and I'll be there.
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Yobz
addict
Reged: 10/03/04
Posts: 566
Loc: Bonus whoring Party/InterPoker
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The website is done so unprofessionally, I have a 1,000% guarantee that this is fraudulent.
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Hermlord
enthusiast
Reged: 08/13/04
Posts: 225
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Quote:
The website is done so unprofessionally, I have a 1,000% guarantee that this is fraudulent.
If it's good enough for Malta, it's good enough for me.
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brian_frets
newbie
Reged: 03/26/05
Posts: 43
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That site and its bonuses are kind of hard to believe.
Refer a friend, and get 25% of their net rake for life?
5,000 dollars for a 500 deposit. (though I did notice a possible trap, they pay you $1 for every 5 points, for a year, and any of the bonus you don't earn is forfeit)
The VFP deal, up to $12 an hour?
I just don't see how that is possible.
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GrekeHaus
enthusiast
Reged: 08/18/04
Posts: 314
Loc: Zoidberg, for THREE!
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FWIW, they placed an ad in the U of Minnesota newspaper a few months ago and I have been doing beta testing for them. Everything I've seen from them so far makes me believe it's legit. If you don't have $500 you can afford to lose, then you probably shouldn't do it, but I'd definitely say it's better than 10:1 that you will get to see this money.
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GrekeHaus
enthusiast
Reged: 08/18/04
Posts: 314
Loc: Zoidberg, for THREE!
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Quote:
That site and its bonuses are kind of hard to believe.
Refer a friend, and get 25% of their net rake for life?
5,000 dollars for a 500 deposit. (though I did notice a possible trap, they pay you $1 for every 5 points, for a year, and any of the bonus you don't earn is forfeit)
The VFP deal, up to $12 an hour?
I just don't see how that is possible.
Basically, they're trying to get a solid base of players. They (obviously) won't offer these bonuses forever. They will just be available to the initial contingent of players. They just want to get in the market and to do that they will need a strong initial player base.
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GrannyMae
Carpal \'Tunnel
Reged: 09/02/02
Posts: 3449
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Quote:
Quote:
That site and its bonuses are kind of hard to believe.
Refer a friend, and get 25% of their net rake for life?
5,000 dollars for a 500 deposit. (though I did notice a possible trap, they pay you $1 for every 5 points, for a year, and any of the bonus you don't earn is forfeit)
The VFP deal, up to $12 an hour?
I just don't see how that is possible.
Basically, they're trying to get a solid base of players. They (obviously) won't offer these bonuses forever. They will just be available to the initial contingent of players. They just want to get in the market and to do that they will need a strong initial player base.
if they buy a banner i can guarantee you that they will get decent clicks.
if you know them, or any reps are reading this, they should email
forum-master@twoplustwo.com and ask for a media pack.
a banner will get the traffic coming. this is not a bash post, this is serious suggestion to get traffic. there is huge base here and a banner offering 1,000% bonus will get great clicks.
last new site that tried to do it on the cheap was that zerorake site. i would hate to see the same destiny for this new place because i think it sounds cool.
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kurosh
enthusiast
Reged: 08/04/04
Posts: 341
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Post deleted by Mat Sklansky
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GrannyMae
Carpal \'Tunnel
Reged: 09/02/02
Posts: 3449
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Quote:
If you don't have anyone to put as a referrer, please put me, "kurosh". Thanks.
no no, put me, put me.
edit:
don't put me. i am not a member. i just was making a statement (obviously)
Edited by GrannyMae (04/08/05 09:45 PM)
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grimel
old hand
Reged: 03/19/05
Posts: 1017
Loc: south east USA
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Quote:
if they buy a banner i can guarantee you that they will get decent clicks.
if you know them, or any reps are reading this, they should email
forum-master@twoplustwo.com and ask for a media pack.
a banner will get the traffic coming. this is not a bash post, this is serious suggestion to get traffic. there is huge base here and a banner offering 1,000% bonus will get great clicks.
The bonuswhore in me is dying to deposit and gofor it.
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grimel
old hand
Reged: 03/19/05
Posts: 1017
Loc: south east USA
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Quote:
(though I did notice a possible trap, they pay you $1 for every 5 points, for a year, and any of the bonus you don't earn is forfeit)
Possible trap?? They give you one YEAR to play 2500 raked hands for you $5k bonus and that looks like a trap to you?? IIRC, it takes 2500 hands at AP to clear $250 in bonus and you get 60 days.
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GrannyMae
Carpal \'Tunnel
Reged: 09/02/02
Posts: 3449
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The bonuswhore in me is dying to deposit and gofor it.
hey mr & mrs new site folks?
see this comment?
remember that a banner would show in all 30 forums. do not discount the power of this 1000% bonus and don't blow it by letting people spam your reputation to the mud.
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admo415
journeyman
Reged: 10/02/04
Posts: 64
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Has/is anyone going to give this a shot?
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Wabby
stranger
Reged: 07/07/04
Posts: 13
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This is a good idea, Granny, and I am sure they will buy banners around the internet.
GamesGrid has been the leading backgammon server for a decade and is considered to be VERY legit by all professional backgammon players.
Their pokersite has been online for just a few hours now, and I´m sure they plan a lot of marketing when they are sure everything is running smoothly.
Their bonus offers indicate an aggresive move, to get a share of the market :-)
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DrPublo
newbie
Reged: 01/10/04
Posts: 38
Loc: Princeton, NJ
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Quote:
They give you one YEAR to play 2500 raked hands for you $5k bonus
It's 25,000 hands, right? 1 max rake hand = 1 point, and each 5 points gets you a buck. Consider that not every hand gets max raked and you're looking at closer to 30k hands, if not more (this of course depends on your limit).
Still, thats 2 months of play. Not bad for $5k.
The Doc
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AsiaKurosawa
member
Reged: 02/03/05
Posts: 110
Loc: GamesGrid
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Hey all,
I work with the software vendor for gamesgrid... we're real.  Google us for backgammon and you'll see that gamesgrid has been offering skill games for real money since 1997, we're not going anywhere.
And a scoop for yall too-- we'll be offering $100 freerolls daily at 12:00GGT and 24:00GGT (GGT=equiv to EST), starting tonite. So, come check us out in a few hours in the first freeroll since going live
(BTW Granny, I agree w/ you on the banner and I'm pushing to get one... kinda low on the totem pole so we'll see how that goes.)
aK
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naschburger2
stranger
Reged: 07/08/04
Posts: 21
Loc: tucson, az
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i am downloading now but have had problems in the past with new sites and big bonuses because you can't get the bonus if they don't have games. I will wait a bit before I deposit. Would be interested in anyones feedback who deposits and plays. This may be potentially the best bonus I have ever seen from any internet poker room.
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Acesover8s
old hand
Reged: 09/30/02
Posts: 998
Loc: Michigan, GR
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Quote:
If you don't have anyone to put as a referrer, please put me, "acesover8s". Thanks.
Fixed your post.
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LinusKS
addict
Reged: 06/26/04
Posts: 480
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The bonus isn't anything to get too excited about. It looks to be a rakeback-through-bonus program to me.
Not that there's anything wrong with that - if I was starting up a new site, that's how I'd do it.
The prop program looks pretty good though.
An extra 1.5bb/table/hour is hard to scoff at. A break-even player ought to make somewhere around 4-6bb/100, between the bonus and the prop.
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Beach-Whale
journeyman
Reged: 02/15/04
Posts: 55
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Asia, I noticed that the screen shot of the lobby on the web page has a 5 Card Draw table - is this in the works? I would love to have another site to play 5 card draw at.
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jayboo
journeyman
Reged: 12/01/04
Posts: 68
Loc: san diego, ca
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GamesGrid Poker offers the largest bonus payout in the world. Sure we could pay movie stars or professionals to pimp our site, but why give them our money? To be honest, we'd rather give it to our players. Earn a 1000% Bonus (that's 10x) on your first deposit, up to a maximum of a $5000 bonus on a $500 deposit. Yes, really. And yes, you really can earn it.
First deposit money to your GamesGrid account, and choose wisely! The 1,000% bonus applies to your first deposit only (or first deposit after the launch of Poker if you're already a 'Gridder). Then convert those Bonus Bucks to real cold cash by earning Frequent Player Points while playing for money in either raked money games or tournaments with registration fees.
Details
GamesGrid wants to see you earn your bonus! Every day, for every five FPPoints you earn, we give you $1 cash—making it among the fastest earned bonuses on the 'net. And it's not an all-or-nothing Bonus—we pay you $5 at a time, directly to your account, until you've earned your entire bonus, or your unearned dollars reach their expiration date.
Any unearned portion of the bonus is forfeit 365 days after initial deposit. (And honestly, you can't really have had better things to do for a whole year, right?)
Earn Frequent Player Points (FPPs) with each raked hand, according to the following schedule:
rake points earned
$0.00 - $0.49 0.00
$0.50 - $0.99 0.25
$1.00 - $1.99 0.50
$2.00 - $2.99 0.75
$3.00 - 1.00
If you are dealt cards in a hand and the hand is raked, you receive FPPs. You do not have to put money in the pot yourself. Yet another reason to rejoice when you see action on your table while waiting for your next hand.
Tournaments are less complicated. You get two bonus points for every dollar you pay in tourney registration fees. For example, a $10+1 tournament would give you two FPPoints.
Your mileage may vary. Stud games take longer per hand than Hold'em. But short-handed games go much faster than full table games. Remember, any money you convert is yours and yours to keep, regardless of whether you convert your entire bonus. Also note that if you run out of cash, you can re-deposit and still earn against your old bonus. (In your case we sincerely hope this is a purely hypothetical situation.)
heres the lowdown on the 5 k, Jay
Could someone tell me what the avg drop is on a .5-1 / 1-2 / 2-4? thanks
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admo415
journeyman
Reged: 10/02/04
Posts: 64
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Hey Kurosh, did you deposit any money yet?
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AsiaKurosawa
member
Reged: 02/03/05
Posts: 110
Loc: GamesGrid
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Quote:
Asia, I noticed that the screen shot of the lobby on the web page has a 5 Card Draw table - is this in the works? I would love to have another site to play 5 card draw at.
Hi Beach-Whale,
We're planning on offering a variety of games once we acquire critical mass
And... I see we've only got 33 people signed up for our 1st $100 freeroll-- pretty good odds for a 300max tourney starting in a little over an hour (at 24:00GGT, ggt=est), for anyone wanting to check out the interface.
aK
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kurosh
enthusiast
Reged: 08/04/04
Posts: 341
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Yes, I just deposited $500. Not much to play though. There's one table of $1/$2 limit and I just busted the entire $1/$2 NL. *I* busted 3 people at NL. That should tell you how soft it is.
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Reef
addict
Reged: 07/31/04
Posts: 551
Loc: Spokompton
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Quote:
Quote:
They give you one YEAR to play 2500 raked hands for you $5k bonus
It's 25,000 hands, right?
Still, thats 2 months of play. Not bad for $5k.
Is it possible to multi-table? Are there enough players / games going to multi-table?
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GrannyMae
Carpal \'Tunnel
Reged: 09/02/02
Posts: 3449
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And a scoop for yall too-- we'll be offering $100 freerolls daily at 12:00GGT and 24:00GGT (GGT=equiv to EST), starting tonite. So, come check us out in a few hours in the first freeroll since going live
i think you guys will do great, and i am enjoying our PMs. however, it is stuff like this that can't get out of hand.
ignore the posters that will bash me now and say that you should be allowed to announce freerolls. they don't get the big picture. the big picture is that this is an awesome place to come for poker discussion and what has made it so great is the absence of spam. so the ones that will bash me don't even understand that this environment that they enjoy can be snapped off (ala RGP) if it gets commercial in here.
the point is that all these advertisers here run freerolls and promotions and they do NOT get to make announcements on all their promos. if they did, this would be a horrible place and would subsequently die. also, no disrespect, but there are sites launching every day, so this is not "news" that would qualify for an exemption to the rules.
the sites here can respond if asked. but you do not see announcements. also, when responding as a rep of the site, you should be signing your posts that indicate your involvement. i think that is in the terms here.
that's why i suggested the banner. they are not expensive if you buy just one and you will get immediate results. i'm telling you thiis because every start up that had tried to launch here for free has been sullied. i don't want to see it happen to you guys.
heck, grab a classified right now. it is only $20 and you can spell out the whole promo in that space and link directly to a download or promotions page.
this forum is probably the biggest bang for your buck opportunity out there. there are huge numbers here and these are multiple site players. this is a great place to launch, but you have to respect the other sites and do it SOP.
best of luck to you all
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kenberman
stranger
Reged: 12/24/03
Posts: 1
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Quote:
Quote:
Quote:
They give you one YEAR to play 2500 raked hands for you $5k bonus
It's 25,000 hands, right?
Still, thats 2 months of play. Not bad for $5k.
Is it possible to multi-table? Are there enough players / games going to multi-table?
right now there are 21 seats occupied. not sure how mnay players, but certainly les than 21
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kurosh
enthusiast
Reged: 08/04/04
Posts: 341
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I see two glaring issues with the software.
1) Slow.
2) They rake if there is no flop.
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MEbenhoe
addict
Reged: 06/01/04
Posts: 410
Loc: La Crosse, WI
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Quote:
rake points earned
$0.00 - $0.49 0.00
$0.50 - $0.99 0.25
$1.00 - $1.99 0.50
$2.00 - $2.99 0.75
$3.00 - 1.00
It seems like according to this, this bonus works out to about 10x raked or less at 2/4
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kenberman
stranger
Reged: 12/24/03
Posts: 1
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Quote:
2) They rake if there is no flop.
at least that means you get a point!
do you know if we can deposit $500, and withdraw at some point, and still be eligable for the whole bonus?
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Reef
addict
Reged: 07/31/04
Posts: 551
Loc: Spokompton
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Quote:
I see two glaring issues with the software.
1) Slow.
2) They rake if there is no flop.
UGH!
Is it also possible for friend referrer's to get charged if the players net rake (table proportional) - (cost,fees,promos) is a negative number.
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Synergistic Explosions
enthusiast
Reged: 06/29/04
Posts: 391
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Kurosh, I used you as a referer. ChileWilly is there and signed up for the free roll.
Interesting software. Definately one of a kind. Like playing poker in an Aztec Temple, or maybe it's Mayan.
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GrannyMae
Carpal \'Tunnel
Reged: 09/02/02
Posts: 3449
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Quote:
Quote:
I see two glaring issues with the software.
1) Slow.
2) They rake if there is no flop.
UGH!
Is it also possible for friend referrer's to get charged if the players net rake (table proportional) - (cost,fees,promos) is a negative number.
that's called an affiliate program sandman
is there rakeback here?
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kurosh
enthusiast
Reged: 08/04/04
Posts: 341
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Quote:
Kurosh, I used you as a referer. ChileWilly is there and signed up for the free roll.
Interesting software. Definately one of a kind. Like playing poker in an Aztec Temple, or maybe it's Mayan.
Yay! Thanks . Another thing I just found out - for the paranoid amoung you - it takes 72 hours after you deposit before you can withdraw.
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Eder
enthusiast
Reged: 06/08/04
Posts: 278
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Hmmm...seems I cant refer myself...Who will give me 70% of the 25% rake hehe?
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Synergistic Explosions
enthusiast
Reged: 06/29/04
Posts: 391
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Quote:
Hmmm...seems I cant refer myself...Who will give me 70% of the 25% rake hehe?
ChileWilly gives 99.99% of it back. You have to dump your free roll chips to me though in return. 
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Eder
enthusiast
Reged: 06/08/04
Posts: 278
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Done haha
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IndieMatty
enthusiast
Reged: 06/30/04
Posts: 365
Loc: Losing 4/8 Stud Player
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We should just use this for all the .50/1.00 drunk lagfests...speaking of...
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grimel
old hand
Reged: 03/19/05
Posts: 1017
Loc: south east USA
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I asked the question (while 3 tabling) - no limit to number of tables.
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kurosh
enthusiast
Reged: 08/04/04
Posts: 341
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Unless some higher limits get started, it will take forever to clear any part of the bonus.
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timprov
journeyman
Reged: 11/01/04
Posts: 88
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Are the poker and backgammon sites connected? By which I mean:
a) can I deposit and play poker and backgammon with the same money?
and
b) can I clear the bonus at backgammon?
If b is true, I'm definitely there. Actually, I probably am anyway.
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Erudis
stranger
Reged: 04/08/05
Posts: 12
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it is 9-handed tables (at least the freeroll tourney is that way). looks pretty neat. i emailed support to see how long it would take them to respond, i'll report response time when they do
and uh, hi everyone, i'm a new guy here
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MEbenhoe
addict
Reged: 06/01/04
Posts: 410
Loc: La Crosse, WI
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Quote:
i emailed support to see how long it would take them to respond,
I did this awhile ago too, not looking too good so far.
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grimel
old hand
Reged: 03/19/05
Posts: 1017
Loc: south east USA
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Quote:
heck, grab a classified right now. it is only $20 and you can spell out the whole promo in that space and link directly to a download or promotions page.
$20 bucks? That's dirt cheap
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Raydain
stranger
Reged: 06/21/04
Posts: 1
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Yo Erudis, I'm sitting at your freeroll table, GL
I can taste that $50 already
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Erudis
stranger
Reged: 04/08/05
Posts: 12
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gl 2u2! wish i had refreshed the post before they moved me
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Erudis
stranger
Reged: 04/08/05
Posts: 12
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went out 19th. missed a big draw on one hand, got outdrawn on another. ah well, was fun. noticed that there's only about 5 people playing holdem at the cash tables right now. looks like a pretty decent site
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KKbluff
enthusiast
Reged: 01/30/05
Posts: 320
Loc: Bionic Commando
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The payout on the deposit bonus seems freakishly similiar to Full Tilt's bonus. Am I right on this or way off?
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timprov
journeyman
Reged: 11/01/04
Posts: 88
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I went and did the checking for myself. In case anyone else cares:
Quote:
a) can I deposit and play poker and backgammon with the same money?
Kinda-sorta.
Quote:
b) can I clear the bonus at backgammon?
Doesn't look like it.
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Hiatus
stranger
Reged: 02/03/05
Posts: 14
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I must be doing the math wrong. Somebody help.
Let's say I plan to play at the 1/2 tables. The minimum qualifying rake is .50, which earns .25 points. I didn't see a rake schedule anywhere, but let's assume it's 5%, so the pot would have to reach $10 to have a rake of .50. How often does this happen at 1/2? I normally play .50/1, so I'm just guessing that it's about 1/3 of the time. Is this a reasonable estimate? If so...
-- It takes 3 hands to earn a raked hand.
-- It takes 4 raked hands to earn a point.
-- It takes 5 points to earn $1.
So to clear the $5000 bonus, it would take 3 x 4 x 5 x 5000 = 300,000 hands?
Also, has anyone checked to see what the withdrawal requirements are? Might you have to wait until the year is up before you can withdraw?
Edited by Hiatus (04/09/05 03:55 AM)
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solucky
journeyman
Reged: 07/31/04
Posts: 50
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Guess its on 0,5/1 around 150 000 hands to clear the 5K. Time to play 625 hours / 4 tables, added 625 hours a 6$ (VFP). So it is 8750$ for 625 hours work.....not sooooo bad.
But on other sites u get also for 100 000 raked hands 0,5/1
10 000$ (100 hands/10$)
I know the site from backgammon....it was trustworthy
Wolfgang
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timprov
journeyman
Reged: 11/01/04
Posts: 88
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Quote:
So to clear the $5000 bonus, it would take 3 x 4 x 5 x 5000 = 300,000 hands?
Indeed, it would be very silly to try to clear this whole bonus at 1/2. Assuming their rake is similar to other sites', I'd guess it's about 10x at 2/4, and 8x at 3/6. The extra $12/hr from VFP is a nice plus, and fortunately you don't have to clear the whole bonus. I think it will be worthwhile for me if they ever get regular 3/6 and 5/10 games going, but I'm sure it's a waste of time for anyone playing 1/2 and below.
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ripped
stranger
Reged: 11/29/03
Posts: 0
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Not indeed at all.. You guys play poker and have no math skills. Take up go fish.
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ripped
stranger
Reged: 11/29/03
Posts: 0
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Quote:
Quote:
So to clear the $5000 bonus, it would take 3 x 4 x 5 x 5000 = 300,000 hands?
Indeed, it would be very silly to try to clear this whole bonus at 1/2. Assuming their rake is similar to other sites', I'd guess it's about 10x at 2/4, and 8x at 3/6. The extra $12/hr from VFP is a nice plus, and fortunately you don't have to clear the whole bonus. I think it will be worthwhile for me if they ever get regular 3/6 and 5/10 games going, but I'm sure it's a waste of time for anyone playing 1/2 and below.
3 Hands to earn a raked hand??? What are you high? .50 cents would be raked at $5 and $1 should be a capped rake. What 1/2 games are you playing that dont average AT LEAST $8 a hand? over 8 hands of 10 are raked on 1/2 anywhere. So I really have no idea what you are talking about and where you got those retarded numbers.
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timprov
journeyman
Reged: 11/01/04
Posts: 88
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Quote:
3 Hands to earn a raked hand??? What are you high? .50 cents would be raked at $5 and $1 should be a capped rake. What 1/2 games are you playing that dont average AT LEAST $8 a hand? over 8 hands of 10 are raked on 1/2 anywhere. So I really have no idea what you are talking about and where you got those retarded numbers.
I don't mean to say his numbers are correct -- it's certainly not as bad as he says. But it's still going to be about 15x at 1/2, which isn't competitive. Even worse if they don't use the Party rake schedule.
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mshalen
member
Reged: 12/28/04
Posts: 107
Loc: NJ
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I signed up last night but didn't fund my account. I got up this morning and haven't been able to stop thinking about how the site will be able to afford to stay in business.
Scenario: Step 1: Due to the 1,000% bonus the site attracts 1,000 2+2's at $500 deposit each. This totals $500,000 in deposits with a potential liability of $5,000,000. Where is the $5,000,000 going to come from?
Step 2: Through a less generous offer the site attracts 50,000 fish each depositing $200. I can't figure out how they will find this many players but lets pretend this is an LSD deal. (Explanation: an LSD deal is one where you would have to be on LSD to believe the assumptions) This yields $10,000,000 in deposits.
So my questions now are:
Could they possibly rake enough to pay off the $5,000,000 bonus owed to the strating group?
Can they attract enough fish to keep the pond stocked?
Where will all these players come from (even the sportsbook supported sites have not been able to generate these kinds of numbers and they have a huge built in base of degenerate gamblers)?
How will they cover the startup costs and ongoing expenses?
I have seen many other startups and they seem to never be able to achieve a critical mass of players.
If there are only 2+2ers playing against each other then most of the money will just travel around the table with the house taking out their cut and eventually everyone goes broke. But the players will have all generated enough hands to qualify for the bonus.
I just don't see how the site will survive long enough to pay everyone off. I looked at the peak numbers on poker pulse and just can't figure out what kinds of numbers a new, unaffiliated site will be able to generate.
If you disagree please tell me where my thinking is wrong.
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timprov
journeyman
Reged: 11/01/04
Posts: 88
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The bonus is less than 100% rakeback. (10c back on a $1 rake, 20c back on $3.) They don't need to get the extra money from anywhere.
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solucky
journeyman
Reged: 07/31/04
Posts: 50
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Guess your biggest faults are.
1. The Bonus is not soooo great it listen great becuase you get 4500 Bonus ONE times, but at sample Absolute give more.
2. Its not a Start Up. Gamesgrid is the Leading Backgammon gambling site, and you had to pay a yearly fee + rake to gamble there
3. People that play to low dont clear the complete bonus and people that play high have only a rakeback not profit. And any tournament is a big profit.
Wolfgang
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Baulucky
member
Reged: 12/15/03
Posts: 194
Loc: MARS
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I'm all over this sweet deal...
After I clear my party, empire, pokerroom, paradise, stars, and UB bonuses...
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Hiatus
stranger
Reged: 02/03/05
Posts: 14
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Quote:
3 Hands to earn a raked hand??? What are you high? .50 cents would be raked at $5 and $1 should be a capped rake.
If you reread my post, you'll see that I assumed a 5% rake. I haven't seen a rake schedule for GamesGrid, but I'm assuming it is comparable to the sites I have been playing at (Royal Vegas, Paradise, Absolute). Maybe these sites are atypical, but I believe they don't take 50-cents in rake until the pot reaches $10.
Quote:
What 1/2 games are you playing that dont average AT LEAST $8 a hand?
Again, if you reread my post, you'll note that I don't play 1/2 games. That's why I asked if my estimate that 1/3 of pots at that level reach $10 is reasonable. If, as you say, the pots average $8, it sounds like my estimate isn't too far off.
Quote:
over 8 hands of 10 are raked on 1/2 anywhere.
Yes, but from what I can tell, most of these only produce 25-cents in rake, at least at the sites I've played, which means they wouldn't count toward the GamesGrid bonus.
Quote:
So I really have no idea what you are talking about and where you got those retarded numbers.
I thought my original post was pretty clear about where I got my numbers. If not, I hope this one does a better job. I'm not claiming my numbers are right. I'm trying to understand where I went wrong--whether it was in the assumptions or in the math.
A couple of people challenged my math, but didn't explain where it was wrong. You're the only one who challenged my assumptions, and the difference seems to be that I'm assuming a 5% rake while you are assuming a 10% rake.
So, anyone know what the rake schedule at GamesGrid actually is?
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playersare
old hand
Reged: 11/17/04
Posts: 708
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Quote:
The payout on the deposit bonus seems freakishly similiar to Full Tilt's bonus. Am I right on this or way off?
no it's actually not THAT bad, to my surprise. the FTP bonus maximum rakeback equivalent is 54%, while gamesgrid is about 90%. however, anything below 100% means that the site is guaranteed to make money off of ring games no matter what, that's why they can offer such a large pending bonus (in a sense this and Full Tilt's bonus structure has been more effective marketing-wise than something like Poker Champs, which has a sliding scale based on percentage rake-contributed).
tourney fees are refunded 40% via the GG bonus, which is on par with the 42% that FTP offers. other sites can do better than either of these, however.
the VFP program is the key difference from any other site's bonus structure. assuming 60 dealt hands per hour, 1.5BB is basically getting an additional 100% rakeback on top of the FPP bonus, making the total value just under 200% RB equivalent (provided you play the required 10+ hours a week to qualify for VFP in the first place).
so, is 200% rakeback bonus enough to send people flocking to a new site? probably not, because Poker Mountain's bonus is also in the 200% range and you don't see big numbers over there either. most of the good Party, Crypto, Prima, Paradise and Absolute signup bonuses are in the 400% range, so it still make sense for people to spend time there first. also note you must play BETWEEN 1/2 and 3/6 in order to maximize your bonus rakeback equivalent at GG. this is because at 50c/$1 and below, you won't earn FPP's, and at $5/10 and above, your VFP's are capped at $12/hr.
good effort by GG to make a reasonably good offer to new players, but probably too little, too late still.
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Scoobytx
stranger
Reged: 11/09/04
Posts: 15
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Has anyone found the rake structure?
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dogmeat
stranger
Reged: 04/19/04
Posts: 1
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Well, I'm playing - deposited $500 and after half an hour at $2/$4 stud and an hour at $3/$6 hold'em I have 13 points..........not too quick here. Also, if you sit out a hand, to get playing again you have to press the button at the top of the screen next to the ? mark.
Also, just to make sure everybody knows I'm an idiot, I played two tables of FC $1/$2 NL and thought I was doing good, until I found out it was "Free Chips" that FC stood for - yeah, no [censored]. I'm an idiot. 
Rake on the $3/$6 game starts at $1 when the pot hits $20, second dollar at $40.
Dogmeat 
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jayboo
journeyman
Reged: 12/01/04
Posts: 68
Loc: san diego, ca
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lmfao, i read your other post and thought that it had to be free chips, theres no way you could get that many all-ins preflop in a real game. funny stuff though. Jay
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dogmeat
stranger
Reged: 04/19/04
Posts: 1
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Title said it all. 90 minutes and $5 in bonus money. If they had more games, then this bonus would be very nice, especially with the added $ from their VFP program. I emailed support about the VFP, no answer after an hour.
I think I'll keep playing the one table, and hook-up with two or three on party - (Empire bonus already cleared). What a bonus whore I am.
Dogmeat
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playersare
old hand
Reged: 11/17/04
Posts: 708
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Quote:
Has anyone found the rake structure?
I've hardly found enough real money action going on to properly analyze it, but looks like the standard 5% across the board. no weirdo Party or True Poker higher takeouts for low limits.
my previous analysis shows that gamesgrid does not need to artifically jack the rake up to cover their bonus costs. many other sites pay out a lot more bonus than GG does relative to the rake taken in. the main stipulation to maximize the bonus on GG is you have to play there at least 10 aggregate table hours per week. otherwise you only get half the theoretical max bonus.
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grimel
old hand
Reged: 03/19/05
Posts: 1017
Loc: south east USA
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It takes a few hours. I got my confirmation early this morning.
After looking at it closer, it appears the VFP $ per hour is also per table. With no limits to the number of tables one can play even the $0.50 tables can have a very good $/hr return.
I might need a second monitor before this is done to clear bonus at AP and drag VFP at GG. I guess it's official, I have no life when GG gets a few thousand regular players.
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admo415
journeyman
Reged: 10/02/04
Posts: 64
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Can you explain the VFP program?
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theredwave
addict
Reged: 09/21/04
Posts: 565
Loc: Looking for a new avatar
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http://www.gamesgrid.com/promotions_vfp.html
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grimel
old hand
Reged: 03/19/05
Posts: 1017
Loc: south east USA
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Like everyone else, just what I read at their site. I may be letting greed run amok, but, I'm just that way.
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Yobz
addict
Reged: 10/03/04
Posts: 566
Loc: Bonus whoring Party/InterPoker
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Just went to check it out. The software seems pretty nice. No annoying flashy things: its clean and simple, I like it a lot. The graphics are nice and although its a little on the slow side it seems pretty good. No HH makes it a little weak...but I'll check out one of the freerolls and hopefully more people will join so there are games going on
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ripped
stranger
Reged: 11/29/03
Posts: 0
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Quote:
Quote:
3 Hands to earn a raked hand??? What are you high? .50 cents would be raked at $5 and $1 should be a capped rake.
If you reread my post, you'll see that I assumed a 5% rake. I haven't seen a rake schedule for GamesGrid, but I'm assuming it is comparable to the sites I have been playing at (Royal Vegas, Paradise, Absolute). Maybe these sites are atypical, but I believe they don't take 50-cents in rake until the pot reaches $10.
Quote:
What 1/2 games are you playing that dont average AT LEAST $8 a hand?
Again, if you reread my post, you'll note that I don't play 1/2 games. That's why I asked if my estimate that 1/3 of pots at that level reach $10 is reasonable. If, as you say, the pots average $8, it sounds like my estimate isn't too far off.
Quote:
over 8 hands of 10 are raked on 1/2 anywhere.
Yes, but from what I can tell, most of these only produce 25-cents in rake, at least at the sites I've played, which means they wouldn't count toward the GamesGrid bonus.
Quote:
So I really have no idea what you are talking about and where you got those retarded numbers.
I thought my original post was pretty clear about where I got my numbers. If not, I hope this one does a better job. I'm not claiming my numbers are right. I'm trying to understand where I went wrong--whether it was in the assumptions or in the math.
A couple of people challenged my math, but didn't explain where it was wrong. You're the only one who challenged my assumptions, and the difference seems to be that I'm assuming a 5% rake while you are assuming a 10% rake.
So, anyone know what the rake schedule at GamesGrid actually is?
I will tell you right now that they rake NON called hands. SO they rake even more frequent than other sites. (which has got to change or they will not compete with the big 4) and they also rake at $5 like party. Also. If they get the players that are as bad at party on this site then the average pots will be around $10-$11 so pretty much every pot will be raked. When I have played 1000 hands at the 1/2 level from party my PT stats show that about 82% ish were raked. That also depends on table selection of course.
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GrekeHaus
enthusiast
Reged: 08/18/04
Posts: 314
Loc: Zoidberg, for THREE!
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Quote:
I will tell you right now that they rake NON called hands. SO they rake even more frequent than other sites.
A couple people have said this, but I think it's false. Unlike Party, any uncalled bets get returned to you without going in the pot. So for instance, if you're playing $2/4 and raise pf, and both blinds fold, the uncalled $2 will be returned to your hand and you will win a $5 pot.
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admo415
journeyman
Reged: 10/02/04
Posts: 64
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Ya, I dont think they rake it
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Hiatus
stranger
Reged: 02/03/05
Posts: 14
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Quote:
...and they also rake at $5 like party. Also. If they get the players that are as bad at party on this site then the average pots will be around $10-$11 so pretty much every pot will be raked. When I have played 1000 hands at the 1/2 level from party my PT stats show that about 82% ish were raked. That also depends on table selection of course.
I think there is still some confusion here. The issue isn't whether the pot is raked at $5 or even what percentage of hands are raked. What matters (as far as clearing the bonus goes) is what percentage of hands are raked for at least 50-cents, since anything below that doesn't earn points. It would be nice to know this for the various table limits.
I don't own Poker Tracker. Is it able to break the stats out in this way?
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kurosh
enthusiast
Reged: 08/04/04
Posts: 341
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I can tell you for a fact they rake if there is no flop.
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ewile
member
Reged: 04/05/03
Posts: 104
Loc: Oceanside, New York
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I really hope this site takes off. Six bucks per hour for playing 2/4 sounds good to me. Plus a $5,000 bonus. Plus the opportunity to be an affiliate. Lets get some players there!
Edited by ewile (04/09/05 11:27 PM)
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Yobz
addict
Reged: 10/03/04
Posts: 566
Loc: Bonus whoring Party/InterPoker
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Quote:
I really hope this site takes off. Six bucks per hour for playing 2/4 sounds good to me. Plus a $5,000 bonus. Lets get some players there!
My thoughts exactly.
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NoDamage
stranger
Reged: 03/31/04
Posts: 0
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I'm more interested in the VFP program than the bonus itself. You get paid 3 SB per table per hour just to play, so if you were to 8-table 3/6 you would end up earning $9/hour x 8 tables = $72/hour just by playing break even poker.
Of course the caveat right now is that you actually need to have 8 tables available to play on.
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grimel
old hand
Reged: 03/19/05
Posts: 1017
Loc: south east USA
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Hence the need for more players.
Unlimited tables could be a money making machine at any level if you can play break even.
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playersare
old hand
Reged: 11/17/04
Posts: 708
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Quote:
I think there is still some confusion here. The issue isn't whether the pot is raked at $5 or even what percentage of hands are raked. What matters (as far as clearing the bonus goes) is what percentage of hands are raked for at least 50-cents, since anything below that doesn't earn points. It would be nice to know this for the various table limits.
this is not some big mystery in LHE. average pots will generally be between 6-7BB's, so you can hit the minimum 50c rake ($10 pot) a majority of the time at $1/2 (50c/$1 NL) limits and up. you don't need a fancy BW-style chart to figure it out.
Quote:
I don't own Poker Tracker.
that's probably a big part of it.
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LinusKS
addict
Reged: 06/26/04
Posts: 480
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Quote:
Hence the need for more players.
Unlimited tables could be a money making machine at any level if you can play break even.
It's a prop program. They're not going to keep doing it once it's not needed anymore.
Players, nice post, but I don't think Absolute is as generous as all that.
If you played a ten handed game where the pot was raked for .25 every time it would come out to a 400% bonus, but if you play short handed, or if the pot is sometimes raked for more than a quarter, it'll be less than that.
If the average rake at 3/6 was $2, and you played 8 handed (Absolute only seats 9) your share of the rake would be .25, but the bonus for the hand would only be .10, or 40%.
At GG, though, you'd get .15 for a two dollar rake, which would be 60% rb at the same 8-player table, plus an extra $9 per hour on top of that. If you figure 30 raked hands an hour, that comes to another .30 per hand, or almost 200%.
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playersare
old hand
Reged: 11/17/04
Posts: 708
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Quote:
Players, nice post, but I don't think Absolute is as generous as all that.
If you played a ten handed game where the pot was raked for .25 every time it would come out to a 400% bonus, but if you play short handed, or if the pot is sometimes raked for more than a quarter, it'll be less than that.
hey weren't you loving Absolute's rake/bonus system just 3 weeks ago?
the 400% figure I quoted for Absolute was max theoretical (actually it's closer to 360% but I was generalizing at the time). 200% rakeback equivalent across all limits on GG would be nice but keep these two factors in mind:
a) you're correct that GG's bonus pays better at higher limits than Absolute's flat 10c per hand. but you were already complaining about the lack of $3/6 tables on AP, you think there's gonna be even more action on gamesgrid? add in the 25% Absolute rakeback which doesn't deduct from MGR and I'd say it's a tossup.
b) like you said, the prop/VFP system could easily be done away with once the site feels it has enough players to sustain itself. take that 1.5BB/hr away and that is 100% full rakeback gone...leaving just the 90% max theo from the original FPP deal. also, people in this thread have reported e-mailing GG to set up their VFP status and heard nothing as of yet, nor have they received any actual bonus or prop payments yet. so don't count chickens before they're hatched.
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grimel
old hand
Reged: 03/19/05
Posts: 1017
Loc: south east USA
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read one of my earlier posts - I've gotten my VFP confirm and some piddly bonus earned.
When I get back in town middle of the week (leaving this AM), hopefully, my 1G of RAM will have arrived and I can start BW the rest of AP and try the VFP at GG for the rest of the week.
I'll play beta tester for the week. 
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oh3648
stranger
Reged: 12/30/04
Posts: 7
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I am in....
Once a gamble always a gambler... 
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EliteNinja
enthusiast
Reged: 09/24/04
Posts: 351
Loc: Vancouver, Canada
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Nice blog, Asia K.
Included in her blog is this:
Robo Urinal
Asia is the hottie from the MySpace forums.
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AsiaKurosawa
member
Reged: 02/03/05
Posts: 110
Loc: GamesGrid
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Quote:
Nice blog, Asia K.
Thanks ::blushing:: ... more of a talking to myself exercise.
Just wanted to post that the rake schedule is in the GamesGrid FAQ here, fresh out of the oven.
Txs all,
aK
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Rudbaeck
addict
Reged: 07/12/04
Posts: 555
Loc: Sweden
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Quote:
Just wanted to post that the rake schedule is in the GamesGrid FAQ here, fresh out of the oven.
Quote:
(but you try can always backgammon!)
I didn't know Yoda did freelance writing.
Small snafu's aside, I'll sign up asap.
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RaiNz
newbie
Reged: 12/04/04
Posts: 43
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Quote:
Quote:
Just wanted to post that the rake schedule is in the GamesGrid FAQ here, fresh out of the oven.
Quote:
(but you try can always backgammon!)
I didn't know Yoda did freelance writing.
Small snafu's aside, I'll sign up asap.
Hah! I was gonna mention Yoda as well.
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tor
journeyman
Reged: 12/29/04
Posts: 74
Loc: brainscat.com
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Great post. Thanks for laying that all out there.
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Rudbaeck
addict
Reged: 07/12/04
Posts: 555
Loc: Sweden
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Now I have signed up. And jesus do you need to work on the software!
The cards are dealt at snail pace. Shoot for 60-65 hands/hour on full tables. This will benefit both you and us.
Introduce four colour decks immediately, and an option to turn off all sounds. I much prefer to listen to my mp3s without click-clack-caching-shuffle-click-BEEP all the time.
The sitngos starting a few minutes after three people sign up is the mark of a genius. God how I love this feature, shorthanded tourney play for teh win!
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EdBankz
stranger
Reged: 02/14/05
Posts: 20
Loc: Florida
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I deposited yesterday. I also signed up for the VFP program and am waiting for an email confirmation on that. My question is, will the 3+ hours I played yesterday count toward this weeks 10hr mark even though I haven't officially received an email confirmation from them yet?
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Two Plus Two 
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