Re: W/ rising interest rates will sites have to offer interest on bala
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Party used to offer interest on your $$? Really? Thats crazy.
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Yep...it was called Bonus-On-Balance instead of "interest." It had a couple of requirements...
a) You had to play a certain amount of raked hands per month
b) You could have no more than 2 cashouts per month
c) Your account balance could never drop below $100
d) You could only earn bonus on $10,000 max
They did this prior to the poker explosion and I used to make a few hundrud dollars per year on this. The interest was 10% paid and compounded monthly....so, if you had over $10,000 average daily balance, it would $83.33 for the month. At first, they stopped giving bonus-on-balance with new accounts....then, last year, we all received e-mails stating that BOB was being ended for the grandfathered players.
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