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  #1  
Old 10-09-2005, 02:19 AM
Scuba Chuck Scuba Chuck is offline
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Location: 1-table tournaments
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Default Re: Cut to the chase: How bad does this hit you financially?

This is just theory. But depending on how the economics of this move plays out, it's possible for those who switch to party early, will benefit from a higher ROI (to offset their rb loss). In the more short-medium term, I haven't postulated a theory there yet.

I don't really think this is as big a deal as everyone makes it out to be. The exception of course being those who were making 5 figures a month.
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  #2  
Old 10-09-2005, 02:21 AM
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Default Re: Cut to the chase: How bad does this hit you financially?

Last month 8 tabling 2-4 = 5000
RB= 1800
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  #3  
Old 10-09-2005, 02:22 AM
MyTurn2Raise MyTurn2Raise is offline
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Default Re: Cut to the chase: How bad does this hit you financially?

this is very VERY bad
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  #4  
Old 10-09-2005, 02:23 AM
x2ski x2ski is offline
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Default Re: Cut to the chase: How bad does this hit you financially?

It means I now have to work full-time, which I should have been doing in the first place.

Seriously, making $60,000 a year working 15 hours a week was pretty queercakes. If I want to be successful in any occupation, I need to put in the hours... So this situation is somewhat motivating.
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  #5  
Old 10-09-2005, 02:29 AM
Voltron87 Voltron87 is offline
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Location: checkraising young children
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Default Re: Cut to the chase: How bad does this hit you financially?

no one should be freaking out, they are a major european company. they are just temporarily preventing a wing of their business from getting ran out on, that that unreasonable IMO if youre in their shoes.

you'll get your money. they have a lot to lose by not paying people, they are a major company who were just bought by some other company.






what they mean by settled is ready to withdraw and they will have final balances. today i played a bit on euro, started at X, and won 60 bucks and left since there was no one playing and i wanted to 4 table. well 10 minutes later the html pop up was still saying X, not X+ 60. but when i bought into a new table it was showing X+60. accounts settled means they will fix the cashier, etc.

dont worry about your money people
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  #6  
Old 10-09-2005, 02:31 AM
Freudian Freudian is offline
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Join Date: Feb 2004
Posts: 24
Default Re: Cut to the chase: How bad does this hit you financially?

I think in the last year rakeback has accounted for about 10% of my profits. It won't affect me hugely.
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  #7  
Old 10-09-2005, 02:35 AM
pearljam pearljam is offline
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Join Date: Mar 2005
Posts: 130
Default Re: Cut to the chase: How bad does this hit you financially?

[ QUOTE ]
I think in the last year rakeback has accounted for about 10% of my profits. It won't affect me hugely.

[/ QUOTE ]

You either have the worst rakeback deal ever or are on a very serious heater
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  #8  
Old 10-09-2005, 02:39 AM
highlife highlife is offline
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Join Date: May 2004
Posts: 294
Default Re: Cut to the chase: How bad does this hit you financially?

[ QUOTE ]
[ QUOTE ]
I think in the last year rakeback has accounted for about 10% of my profits. It won't affect me hugely.

[/ QUOTE ]

You either have the worst rakeback deal ever or are on a very serious heater

[/ QUOTE ]

umm or he just plays mid-high limits
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  #9  
Old 10-09-2005, 02:39 AM
Scuba Chuck Scuba Chuck is offline
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Join Date: Nov 2004
Location: 1-table tournaments
Posts: 1,537
Default Re: Cut to the chase: How bad does this hit you financially?

[ QUOTE ]
[ QUOTE ]
I think in the last year rakeback has accounted for about 10% of my profits. It won't affect me hugely.

[/ QUOTE ]

You either have the worst rakeback deal ever or are on a very serious heater

[/ QUOTE ]

I think you're fooling yourself. Let's say you average a 25% ROI. That means he's getting 2.5% in additional ROI from rakeback. Which makes a lot of sense.
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  #10  
Old 10-09-2005, 02:33 AM
darkcore darkcore is offline
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Join Date: Mar 2005
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Default Re: Cut to the chase: How bad does this hit you financially?

never played much at party & skins, so it doesn't hurt me so hard.
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