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If I use the rakeback calculator at rakerebatereview and input 3/6 limit, 667 hands per day (20K/30days)and 26% that gives $806.40 rakeback. Looks like your offer is quite good if you continue to play 3/6.

Just one question about the RB calculators, is the hands per day total or raked hands? It doesn't say.

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I am quite sure it is hands per day and not RAKE HANDS.
So it is not a good deal at all.