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-   -   MULTIPOKER 100% max 100$ AUG05RELOAD 20X (http://archives2.twoplustwo.com/showthread.php?t=310269)

pankwindu 08-08-2005 01:41 PM

Re: MULTIPOKER 100% max 100$ AUG05RELOAD 20X
 
[ QUOTE ]
You forgot to subract the $100 bonus from the MGR
(160-100)*.25= $10 in rakeback.

[/ QUOTE ]

Plus the $100 bonus received in full for a total net of $110. The previous calculation was for rakeback alone which only nets $40.

With no rakeback at all, the net for the bonus deal is a flat $100 which is still more than $40.

Yes, rakeback will be better at higher limits, but that is irrelevant if those considering the bonus are not bankrolled for said limits.

08-08-2005 01:47 PM

Re: MULTIPOKER 100% max 100$ AUG05RELOAD 20X
 
Im sorry apparently im a little slow... and now very confused. Multi is the site i normally play at, I play 2/4 full with 25% back. Should I do the bonus or continue to just use the rakeback?

2+2 wannabe 08-08-2005 01:54 PM

Re: MULTIPOKER 100% max 100$ AUG05RELOAD 20X
 
you have to play 3/6 or higher for the bonus to be -EV relative to rakeback

pankwindu 08-08-2005 02:12 PM

Re: MULTIPOKER 100% max 100$ AUG05RELOAD 20X
 
If you already get rakeback at the site, you should always do bonuses on top of that. It really only becomes a question if you are doing bonus-only at a non-rakeback site vs. rakeback-only at another site.

The math:

Bonus alone with no rakeback gets you: 100

Rakeback gives you a percentage, let's say 25%, of your generated rake, let's call that x.

So, rakeback alone you get: .25x

Bonus subtracts from your generated rake, and you only get rakeback on the difference.

So, rakeback + bonus you get: .25(x-100) + 100 = .25x + 75

Cleary, rakeback + bonus will always be more than rakeback alone.

When deciding whether bonus-only at one site is better than rakeback-only at another site, you need to determine which is greater, 100 or .25x.

For bonus-only to be worthwhile: 100 > .25x = 400 > x

Remember, x is your generated rake. So, you need to look at your numbers and see how much rake you normally generate over the number of hands it takes to clear the bonus (this depends on the levels at which you play). If it's less than 400, then the bonus is worthwhile. If it's more than 400, then stick with rakeback.

FishHooks 08-08-2005 03:52 PM

Re: MULTIPOKER 100% max 100$ AUG05RELOAD 20X
 
Correct, I've played 3269 hands at 2/4 and 2,271 of them were raked and I only generated $210 in rake. You would proboly need to be at 5/10 and above for it not to be worthwhile to get the bonus at a site in which you have rakeback.

absou1ut 08-08-2005 05:26 PM

Re: MULTIPOKER 100% max 100$ AUG05RELOAD 20X
 
Sorry guys, my mistake, I apparently suck at math. [img]/images/graemlins/frown.gif[/img]

absou1ut 08-08-2005 06:40 PM

Re: MULTIPOKER 100% max 100$ AUG05RELOAD 20X
 
I just signed up for multipoker after this bonus was released. I assume that I am still eligible for it? I didn't get any pop up for a reload or anything, is there anything that I can do to see it or just try using the code? I wanted to see the terms of the bonus and such.

AngelicPenguin 08-08-2005 09:40 PM

Re: MULTIPOKER 100% max 100$ AUG05RELOAD 20X
 
Do you know when this expires?

08-08-2005 10:30 PM

Re: MULTIPOKER 100% max 100$ AUG05RELOAD 20X
 
good question, no info on that anywhere

jayboo 08-09-2005 12:01 AM

Re: MULTIPOKER 100% max 100$ AUG05RELOAD 20X
 
bonus t+c


Jay


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