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#3
12-26-2005, 03:27 PM
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Re: Stars VIP = Cash???
[ QUOTE ]
i'm thinking about taking the dell cards, scouting for smoking hot dell deals, and flipping on ebay... thoughts? there are people doing this on fatwallet all the time with cash [/ QUOTE ] That's likely the best way to deal with it, though I'm not sure how often the deals are just for Dell. 
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#4
12-27-2005, 03:13 AM
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Re: Stars VIP = Cash???
[ QUOTE ]
[ QUOTE ] i'm thinking about taking the dell cards, scouting for smoking hot dell deals, and flipping on ebay... thoughts? there are people doing this on fatwallet all the time with cash [/ QUOTE ] That's likely the best way to deal with it, though I'm not sure how often the deals are just for Dell. [/ QUOTE ] You could probably just sell the Dell cards on ebay and make most of the $2k back. Ok, I've done a little math. I play $15/30 or $20/40 and it looks like about 83% of all hands are raked for >= $1. 125,000 points are needed for a $2000 dell gift card. That works to around 150,000 hands to play. Now I will assume Supernova status which means you earn points at 3.5x the rate so now I need to play 43,000 hands for the $2000 gift card. My average rake per hand at PP 15/30 full is $.23. This means I would generate abut $10k in rake to earn a $2k gift card so about 20% rakeback minus how much I lose in the ebay sale (about $100 I'm guessing).
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#5
12-27-2005, 07:26 AM
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Re: Stars VIP = Cash???
[ QUOTE ]
This means I would generate abut $10k in rake to earn a $2k gift card so about 20% rakeback [/ QUOTE ] Wow. Looks like you did the math correctly to me and 20% rakeback ain't half-bad. Also consider that if you keep playing on you will get an even better percentage (it won't take another 43k hands to get your next dell certificate once you are already supernova). So the more you play the higher your value gets...perhaps up to 25%-ish or so with lots of play. Also the occasional reload bonus that I'm assuming they will still offer (although perhaps not). And also the value of all those freeroll tourneys in there should you decide to take part in those (and possibly other deals and value that Stars gives along the way)
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#7
12-27-2005, 12:31 PM
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Re: Stars VIP = Cash???
[ QUOTE ]
Bob, it looks like obsidian is calculating all of this assuming supernova status already. What I'd like to know is what the actual rake is for stars at various levels.. [/ QUOTE ] Yes, this is correct. Some rakeback calculations for the other levels: Bronze - 5.8% Silver - 8.5% Gold - 11.5% Platinum - 14.5% Yea, the rake and percent of hands that are raked at the various levels would let you find out the rakeback equivalent.
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#8
12-27-2005, 02:17 PM
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Re: Stars VIP = Cash???
[ QUOTE ]
What I'd like to know is what the actual rake is for stars at various levels.. [/ QUOTE ] It's low. Real low. It's for certain lowest of any medium or major site, and it might in most instances actually be the lowest period. (Un)fortunately it's outside the EU, so for me it's a no-go. Which is good. You all move over there. Nothing to see at Party. Shoo! Get a Porsche!
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