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Old 12-28-2005, 12:25 AM
boose_bagina boose_bagina is offline
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Join Date: Jun 2005
Location: Toronto
Posts: 253
Default Re: Stars VIP = Cash???

I found this interesting, here are the dollar values for 3 different prizes according to the FPP's required. (*note: I'm aware the dollar value increases as the prize value increases, but the EPT Monte Carlo trip seems like a rip-off)

Porsche - value: $59000 / 3 000 000 FPP. $/FPP: $0.0197
Dell Cert. - value: $2000 / 125 000 FPP $/FPP: $0.016
EPT Monte C. - value: ~$11900/ 1 000 000 FPP $/FPP: $0.0119

sooo, the Porsche ends up working out to about 25% rakeback [(83%hands>$20pot,$0.23rake/hand)@10/20 & 15/30 +] and should take about 2-3 years. Seems like an ok deal if you play high limits and a lot. I don't know the kind of taxes you would pay on the Porsche, if any, but that could be a factor in decreasing its value.
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