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  #1  
Old 10-05-2005, 02:09 PM
DavidC DavidC is offline
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Join Date: Aug 2004
Location: Ontario, Canada
Posts: 292
Default Party points for cash?

Well... Party gave me an offer that was pretty damn good, even though they didn't give me a reload bonus. [img]/images/graemlins/frown.gif[/img]

Firstly, does anyone have any idea why/how party selects accounts to give reloads to?

Secondly, what do you guys think of the points for cash program?

--Dave.
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  #2  
Old 10-05-2005, 02:16 PM
aces_dad aces_dad is offline
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Location: Hillsboro, OR
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Default Re: Party points for cash?

According to the recent thread the points for cash is only for newly accumulated points, in which case, I don't like it that much. If they would allow trading in all my existing points for cash, I would like that, as one party hat / sweatshirt / pool towel/cape is enough.

I've also only heard speculation about who gets what reload offers, so don't know how they determine who gets what.
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  #3  
Old 10-05-2005, 02:16 PM
DavidC DavidC is offline
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Default Re: Party points for cash?

Well... I figured it out: $4.53 per table hour at 2/4 assuming 220 hph 4-tabling and 55% raked hands.
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  #4  
Old 10-05-2005, 02:27 PM
Sykes Sykes is offline
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Default Re: Party points for cash?

[ QUOTE ]
Well... I figured it out: $4.53 per table hour at 2/4 assuming 220 hph 4-tabling and 55% raked hands.

[/ QUOTE ]

what is this equal to in rakebak?
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  #5  
Old 10-05-2005, 04:16 PM
DavidC DavidC is offline
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Location: Ontario, Canada
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Default Re: Party points for cash?

[ QUOTE ]
[ QUOTE ]
Well... I figured it out: $4.53 per table hour at 2/4 assuming 220 hph 4-tabling and 55% raked hands.

[/ QUOTE ]

what is this equal to in rakebak?

[/ QUOTE ]

You crazy SOB, figure it out. [img]/images/graemlins/wink.gif[/img]

Edit: 1) No rakeback is that high.
2) It depends.
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  #6  
Old 10-05-2005, 04:27 PM
MyTurn2Raise MyTurn2Raise is offline
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Join Date: Jun 2005
Location: b/n Chicago,Champaign,St. Louis
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Default Re: Party points for cash?

Some rackbacks are that high.

At 25%, you'll make about $4.38/hr 4-tabling 2/4 at 220 hands/hour. (BTW, I usually get 240-250)

At 30%, you'll make $5.25/hr at the above conditions.

At higher percentages, it's more of course. Rakeback is most likely better than the bonus.

These are estimates based on a large sample size, but pretty reasonable.
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  #7  
Old 10-05-2005, 05:16 PM
DavidC DavidC is offline
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Join Date: Aug 2004
Location: Ontario, Canada
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Default Re: Party points for cash?

[ QUOTE ]
Some rackbacks are that high.

At 25%, you'll make about $4.38/hr 4-tabling 2/4 at 220 hands/hour. (BTW, I usually get 240-250)

At 30%, you'll make $5.25/hr at the above conditions.

At higher percentages, it's more of course. Rakeback is most likely better than the bonus.

These are estimates based on a large sample size, but pretty reasonable.

[/ QUOTE ]

I agree.

When I made my initial statement, though, I meant ~4/table hour = $16/hr while four-tabling.

FWIW, I have no idea what the guys at 15/30 make in rakeback, so it's possible that some rakeback could be that high... it might be as high as $15/hr... not sure.

--Dave.
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  #8  
Old 10-05-2005, 05:20 PM
MyTurn2Raise MyTurn2Raise is offline
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Default Re: Party points for cash?

ahhhh....my bad
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  #9  
Old 10-06-2005, 04:41 PM
DavidC DavidC is offline
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Default Re: Party points for cash?

Firstly, guys, I believe there's two times during the day when the points are updated, but I know for sure that there's one...

2p-4a is considered regular hours, this is when you accumulate regular points, which are counted towards the bonus... they tack this onto your account at 4am.

I don't know when they put special bonus points (for hands played 4a-2p) on your account... They call this time "happy hours"... maybe they put it on at 2p, maybe 4a.

Anyways, just letting you know.

Now, I play 2/4, where they give you 6 points for 20 raked hands. ~50% raked hands, therefore 6 points for 40 hands.

I screwwed up because I figured that therefore to get one point I would be required to play something like 0.15 hands, when I would actually be required to play 6.6667...

This therefore gives me something like 8500 hands to play to clear my 1250 points, getting $75, it's therefore the equivalent of something like 56x raked requirements!

So, it's not worth doing. [img]/images/graemlins/smile.gif[/img]

--Dave.
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  #10  
Old 10-06-2005, 06:54 PM
Daniture Daniture is offline
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Join Date: May 2004
Posts: 3
Default Re: Party points for cash?

just so you guys are aware for a typical 1/2 player rakeback equals bonus amount once the bonus amount is released 16-17 hands per dollar. At that point the poker room will so positive revenues regardless of how much bonus you clear.(hence the unlimited multi reloads at 20 rakes per dollar plus few people will hit the number exactly)

Roughly 54 raked hands per dollar is the break even point for a 1/2 player at 25% rakeback. thus because my bonus is at 76x per dollar released party will not be getting any action from me this month,

This was tested multipoker last month in response to their 20x bonus release requirements and only applies to 1/2 full handed tables. I assume as you go higher the worse the deal becomes for you.
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