Hey guys!

A friend of mine has asked about the rakeback% he can get on Betfred. He said he has read X and Y here and there and way wondering if those are correct.

Now, since his numbers were incorrect I thought I'd post the correct ones here before people start playing there without the right idea - and anyway I didn't find any source on the top pages here on PS.

So, the basic idea on Betfred is: you get 2 sorts of rakeback.

One of them is the "

The other type is the

So, I did a few calculations where I use these cap numbers as starting points. I checked how much you need to rake to get exactly the maximum weekly bonus amount and checked how much RB% that is. If you rake anything less then the maximum you will be getting the same RB%. If you rake more, you get less in %. I will give you an example through Platinum VIP level (lvl 5).

Points multiplier: 30

Maximum bonus: $125

Bonus multiplier*: 0,008

* they multiply the amount of BPs you have accumulated with this number, and the result is what you get as that week's bonus

To get the $125 bonus, you need to make: 125/0,008 = 15625 BPs

Rake needed for this: 15625/30 = ~ $521

RB% for the bonus: 125/521 = 24%

RB% for BP cash-in: 3% [ $5/ $(5000/30) ]

I will save you the calculations for the rest (and save myself from typing too) and just list it here:

Please note that there is no weekly bonus nor BP cash-in for level 1. But it's easy to overcome.

Also note that obviously there are some differences in reality as you only get even numbers as a bonus (eg for 100,7 you get $100) and you can only cash-in BPs at every 5000 mark, which might be important to low-volume or micro-stakes players.

Also, note that there is no upper limit for Diamond weekly bonus - on Diamond you get 38,5% RB with any amount of rake.

On every other level, if you rake less than what is needed for the maximum bonus ($521 in the platinum example) then you get the numbers I wrote above, if you rake anything more, then you only get the BP-cash-in RB. In the platinum example, if you rake $1000 a week, you get 27% RB for $521 and 3% RB for the rest ($479).

Also note that if you get the maximum amount on a certain VIP level for 4 weeks, you definitely will move up in the levels (in case of Bronze, you move up 2 levels right away).

Also please note that I didn't take any sort of first-deposit bonus into account, these numbers are important in case you are planning on playing here for a longer period for some reason, or maybe without an FDB.

If the mods made it sticky or just copied the numbers into a sticky thread of their own that'd be some help to the community imo. When I'm looking for a new room and possibly making a decision between 10s of rooms I hate to do the calculations myself.

Regards,

akrammon

A friend of mine has asked about the rakeback% he can get on Betfred. He said he has read X and Y here and there and way wondering if those are correct.

Now, since his numbers were incorrect I thought I'd post the correct ones here before people start playing there without the right idea - and anyway I didn't find any source on the top pages here on PS.

So, the basic idea on Betfred is: you get 2 sorts of rakeback.

One of them is the "

**points cash-in**" which is relatively low in % but as far as I'm concerned there is not much else you can do with your points. In this case you get $5 for 5000 Betfred Points (BP from now on). How much rake 5000 BP is? That depends on your VIP level. See below.The other type is the

**weekly bonus**- they give you a bonus every Monday, based on how much BPs have you accumulated the previous month. But, for every level except Diamond (VIP level 6, top level) there is a cap for this bonus, a maximum that you can get.So, I did a few calculations where I use these cap numbers as starting points. I checked how much you need to rake to get exactly the maximum weekly bonus amount and checked how much RB% that is. If you rake anything less then the maximum you will be getting the same RB%. If you rake more, you get less in %. I will give you an example through Platinum VIP level (lvl 5).

**Example: Platinum (VIP level 5)**Points multiplier: 30

Maximum bonus: $125

Bonus multiplier*: 0,008

* they multiply the amount of BPs you have accumulated with this number, and the result is what you get as that week's bonus

To get the $125 bonus, you need to make: 125/0,008 = 15625 BPs

Rake needed for this: 15625/30 = ~ $521

RB% for the bonus: 125/521 = 24%

RB% for BP cash-in: 3% [ $5/ $(5000/30) ]

**Total RB%: 24% + 3% = 27%**I will save you the calculations for the rest (and save myself from typing too) and just list it here:

**Iron**(VIP level 1):**0%****Bronze**(VIP level 2):**12,6%****Silver**(VIP level 3):**15,75%****Gold**(VIP level 4):**22,5%****Platinum**(VIP level 5):**27%****Diamond**(VIP level 6):**38,5%**Please note that there is no weekly bonus nor BP cash-in for level 1. But it's easy to overcome.

Also note that obviously there are some differences in reality as you only get even numbers as a bonus (eg for 100,7 you get $100) and you can only cash-in BPs at every 5000 mark, which might be important to low-volume or micro-stakes players.

Also, note that there is no upper limit for Diamond weekly bonus - on Diamond you get 38,5% RB with any amount of rake.

On every other level, if you rake less than what is needed for the maximum bonus ($521 in the platinum example) then you get the numbers I wrote above, if you rake anything more, then you only get the BP-cash-in RB. In the platinum example, if you rake $1000 a week, you get 27% RB for $521 and 3% RB for the rest ($479).

Also note that if you get the maximum amount on a certain VIP level for 4 weeks, you definitely will move up in the levels (in case of Bronze, you move up 2 levels right away).

Also please note that I didn't take any sort of first-deposit bonus into account, these numbers are important in case you are planning on playing here for a longer period for some reason, or maybe without an FDB.

If the mods made it sticky or just copied the numbers into a sticky thread of their own that'd be some help to the community imo. When I'm looking for a new room and possibly making a decision between 10s of rooms I hate to do the calculations myself.

Regards,

akrammon