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KryptoShark
08 Jan 12 04:40
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Date Joined: 07 Jan 12
| Topic/replies: 1 | Blogger: KryptoShark's blog
I played on this site about 2 years ago and signed up to a rakeback deal, which i'm pretty sure is still in effect. Im back playing here now, and i am just wondering if this rakeback deal still applies and what are, if any, the effects of having an old deal on the new system of 'store points'?

Also, can anyone remember what the value of the old rakeback deal was, and when rakeback payments are made?
Cheers

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Replies: 10
By:
The Klup
When: 08 Jan 12 08:04
Old rake ack deal still applies.  It would almost definitely be 30%.  It's paid on the first and third Thursday's of every month. 

The players club is considered to be less rewarding than a rake back deal as you only clear 40% value back in the players club when you consistently take $5000 ish per month.
By:
The Klup
When: 08 Jan 12 08:06
** take = rake
By:
R0ykeane
When: 09 Jan 12 13:21
Can someone explain rake back to me and betfairs policy on it like I were a 10yr old child. Thanks in advance.
By:
dave1357
When: 10 Jan 12 14:21

Jan 9, 2012 -- 1:21PM, R0ykeane wrote:


Can someone explain rake back to me and betfairs policy on it like I were a 10yr old child. Thanks in advance.


If you have an old account with rakeback, you get 30% to 40% rakeback.  New accounts are under the Ongame "essence" system that gives out points depending on how much you win or lose.

By:
garybet.
When: 10 Jan 12 18:43
All accounts are on essence, not just the new ones.
By:
ajcairns.
When: 10 Jan 12 19:17
is that so Garbet as it certainly wasnt my understanding.  I understood my old deal was unchanged unless I opted to move over to the new bf system.  That means I cant surely be on the essence system?
By:
garybet.
When: 10 Jan 12 20:35
All cash players are on essence, there is no choice.
By:
gnashersblackpool
When: 10 Jan 12 22:02
all players suffer essence, whether in players club or on old cake deals.

if on a old deal u get yer %back of what is apportioned to you, after essesnce.
By:
dave1357
When: 10 Jan 12 22:25
r u sure - I played after essence was introduced and got my rakeback.  Thot essence was all about points?  Haven't played recently tho as there is no future in the room when bwin leaves.
By:
gnashersblackpool
When: 10 Jan 12 23:02
im100%sure.

essensce is allabout how r.ake is distrubuted,giving losing players more of the raked amount and winning players less.

their believe is this keeps the poorer players playing for longer.
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