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Tournament fee with bonus & rakeback

    • packit0
      packit0
      Bronze
      Joined: 26.08.2010 Posts: 8
      Hi,
      I have recently made my first deposit on FTP so I'm clearing my First Deposit Bonus and getting rakeback, so I wonder if I'm right about this:

      For example, I'll play one $2+$0.25 SnG so I earn 2.5 FTP -> get $0.1 from Bonus. This $0.1 gets deducted from my net rake so it will be $0.15 -> I get $0.15*0.27 = $0.0405 from rakeback. So the actual fee I pay for the SnG will be:
      $0.25 - $0.1 - $0.0405 = $0.1095

      Is that correct? 5.5% fee would be cool :f_p:
  • 1 reply
    • HannesZ
      HannesZ
      Headadmin
      Headadmin
      Joined: 30.06.2010 Posts: 16,323
      Hey,

      First off all welcome to our forums :)

      Please be aware that the bonus is cleared in steps of 10% of the full bonus amount or $20 (depending on which amount is the lower of the 2). The rakeback is only deducted if you got a piece of the bonus.

      So now to your calculation:

      FTP: $2+$0.25 SnG => 2.5 FTP
      Bonus: 2.5 FTP => $0.1 bonus
      Rakeback: ($0.25 - $0.1) * 27% = $0.0405

      Rake: $0.25 - $0.1 bonus - $0.0405 rakeback = $0.1095 real rake

      So yes, just 5.5% fee :)

      Best regards
      Hannes