It's all about the Iron, baby...

[Penguinfan]

Thats not how it works, bonuses are taken off your TOTAL MGR (monthly gross revenue) so it's not even like you lose the entire amount off your rakeback anyway.

Example, you were getting a $100 bonus and contributed $500 towards your MGR and were getting 25% rakeback, you would be expecting $125 in rakeback (25% of $500) instead they take your $100 bonus off your MGR and now your MGR is $400 so your rakeback payment is only $100 instead of $125.


You know how MGR is figured, right?

[Talking Poker]

This is correct... but remember that you are getting $100 in rakeback PLUS the $100 bonus, so for this time period, you actually grossed $200 in total free money. That's how I look at it.

Fancy Schmancy TP Forumla:
Free Money (FM) = Bonus Money (BM) + Rakeback (RB)

When BM = 0, RB will be at its max.
When BM > 0, RB will dip, but who cares? FM is the number we care about, and that will be at it's highest when BM > 0.

When you crunch all the numbers, it works out to a 40something% of your rake that you are getting back when you have a bonus to clear as well, instead of just 27%. In other words, bonuses are a good thing.

[Penguinfan]

Maybe I wasn't clear, but I am agreeing with you TP, completely.

$100 in bonus and $100 in rakeback beats the hell out of $125 in rakeback alone.

BTW, if you are playing on rakeback now TP, that should be a nice bonus next month as well for all that play.

[Talking Poker]

Indeed. As I said in the OP, I'm at $600 and counting.

And yes, I knew what you were saying, but wanted to make sure it was clear to everyone else too.