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How does rakeback work?

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Arirang   Canada. May 08 2010 13:13. Posts 1673


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 Last edit: 03/06/2020 12:53

qwerty67890   New Zealand. May 08 2010 13:23. Posts 14026

theres MGR and another one

one is total rake paid, i.e. you fold PF, a hand is played and $X rake is generated.

the other one calculates only rake from the hands you participate in.

something like that....


Arirang   Canada. May 08 2010 13:28. Posts 1673

Well, my HEM states that I paid more than 1k last week. 27% of that should've been well over 300 dollars, but I only ended up receiving 200.
I've heard from a friend that rakeback is paid for the week before, not last week (so, he's saying two weeks prior). But I didn't play poker very much the week before.
Soooo confused.


PanoRaMa   United States. May 08 2010 13:43. Posts 1655

there are mgr deductions that come before your payout (MGR is your GROSS revenue, your rakeback will be your NET). there are many ways to get your mgr deducted, easily googleable imo (along with the formula that is used in those deductions). completely standard with ftp, tbh.

http://panorama.liquidpoker.net 

vlseph   United States. May 08 2010 15:51. Posts 3026

Deposits, overlays, bonuses, anything you buy in the FTP store, withdrawals, among other stuff all lower your MGR.

The only hands a nit balances in his range are the nuts, the second nuts, and the third nuts. 

 



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