CodePoker $1000 October bonus

#1 09-25-2005, 03:27 PM

50% bonus on profits under these conditions : min 1500 RH = $300 max / min 2500 RH = $600 max / min 4500 RH = $1000 max - No contributed raked hands.

GMan42 · #2 09-25-2005, 05:11 PM

Hmm...could be interesting if there's any games going. Anyone know what network this site is part of?

Of course with my luck I'll be up big early and then fall back to breakeven just as I get to the 1500 hand mark. [img]/images/graemlins/mad.gif[/img]

edfurlong · #3 09-25-2005, 06:57 PM

Well that still looks useless.

Thanks for the spam!

Bradyams · #4 09-25-2005, 07:32 PM

This bonus sucks pretty bad unless you play really high limits. Probably wouldn't be worth the time for anyone playing under 15/30 tops, and I highly doubt this site has many games going that are over 3/6.

#5 09-26-2005, 02:58 AM

It's part of the Prima network and you certainly don't have to play 15/30 to profit $2,000 in a month.

scrapperdog · #6 09-26-2005, 03:05 AM

I dont see why people say this sucks ... 50% in profit can be a lot for a winning player. If this site is gonna run this promotion over and over I will play there. If you are a break even player who makes money through bonuses I can see why it would suck, but for a winning player this is a lot of free money.

timprov · #7 09-26-2005, 03:29 AM

You need to earn $20/100 to be equivalent to a 10x bonus, $32/100 for 7x, and $40/100 for 5x. These are not trivial winrates at small stakes.

scrapperdog · #8 09-26-2005, 04:11 AM

If you play .5/1 NL and can manage 5 double ups a week, less than 1 per day, you would clear the full grand. For a good winning low stakes player this bonus could be fantastic. For a winning higher stakes player it would be even better.

#9 09-26-2005, 04:16 AM

[ QUOTE ]
I dont see why people say this sucks ... 50% in profit can be a lot for a winning player. If this site is gonna run this promotion over and over I will play there. If you are a break even player who makes money through bonuses I can see why it would suck, but for a winning player this is a lot of free money.

[/ QUOTE ]

I agree. It is "free-money" for winning players. It's the 2nd month they offer such a bonus, so I guess they might continue with it.

Bradyams · #10 09-26-2005, 10:04 AM

I didn't want to run through the math, but here it goes.

If you are a 2 BB/100 winning player at 5/10, and let's say you want to play enough to take advantage of the full $1000. This means you need to win $2000. Now assuming you maintain your rate of 2BB/100 this will take 10,000 hands. Then you get your $1000, and that's basically a 10x bonus. Not bad. So I guess my normal assumption of 15/30 or higher was wrong.

Let's say you play 2/4 however (an average limit for us bonus whores), and you want the best deal which is the $1000 bonus. Now let's say you make 2.5BB/100. You would have to play 20,000 hands to get the full $1000. That's a 20x bonus. I'd rather spend my month play 10x, and better bonuses.

The part I think that makes this difficult is the lack of games on the Prima network. Maybe it's the time of day I've played on there, but I know I could never find more than a couple 2/4 tables to play at.