1)You have not included in your cut and paste the part which says that this is only the case on a .5/.10 table at fulltilt and only when the action is high enough.
2)The Donk--I'm staring at these fulltilt tables right now, and the rake definately is 10%..Im watching both holdem and omaha tables
3)For the gentleman who has posted that fulltilt does not operate like this...this is a direct cut and paste from their website. This is bullet #5 from the affiliate agreement.
"Revenue" is calculated as the sum total of all Players' contribution to all "rakes" the Players were involved in while playing FullTiltPoker.com, plus the sum total of all tournament "fees" paid by Players for entering either multi-table tournaments or Sit 'n Go's (SNGs), less any credits, bonus or promotional amounts given to Players, processing charges, charge backs, or any un-collectable revenue attributable to the Player. A Player's contribution to the "rakes" shall be determined as the quotient obtained when dividing the actual amount of each rake, in hands which such Player was dealt in, divided by the total number of persons playing at the table (“players”) at the start of the hand. By way of example, if the rake in a hand with six players at the table is three dollars ($3.00), each player's contribution to the rake will be fifty cents ($0.50).
4)I'm sorry that some of you have spent time playing higher limits thinking you would make a profit just by getting rakeback. It was not my intention to mislead. I break the math down this way to show how much rakeback can change your results at the microstakes.
5)Without pasting everything that has not been posted here...the response I send out basically says that at a 9 handed table on FT....5/.10 blinds......when the average pot reaches about $5.50 you will be making .15 in rakeback every round of the blinds. If anyone wants to take the time to do the calculations and prove me wrong I would be happy to change how I explain this to people.
$5.50 x %10=.55 in rake per hand
.55 x 9 hands= $4.95 in rake paid by table every 9 hands
$4.95/9= .55 in rake paid by each person for 9 hands
$.55 x 27%= .1485 or about 15 cents in rakeback for 9 hands
For those of you who feel you have wasted time playing under us, I'm sorry for that, I really am so I apologize to you.
As I have stated, If there is someone who disagrees with my math for these microstakes tables, I'd like to hear why you disagree, other than the fact that some tables don't have enough action to make this work. I have taken much time to ensure I say nothing that is not true.
In light of your comments I'm gonna make some changes to my standard email to help people understand how much money they are getting paid.
As far as Craig's list is concerned. I don't send out any unsolicited emails or "spam". I understand some of you feel that my presence there makes all of the affiliates look bad...so it will be decreasing, and eventually I will be eliminating Craig's list as a forum to recruit players.
Last edited by badzinni : 11-04-2007 at 01:54 AM.
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