Increased Betfair Poker Rakeback Deal
Posted on February 22, 2010 by Harry G.
The massive sports exchange Betfair offer their new poker players an increased value in rakeback at the moment with their 100% up to $1500 sign up bonus. Even Betfair deduct bonuses from the rakeback it is still an extremely valuable rakeback offer players get when creating an account. The effective rakeback will in the period while bonus is cleared be between 55% of 65% effective rakeback. 45% Betfair rakeback is earned by playing less than 30.000 Betfair points.
Paid out normally
The 30% rakeback is paid normally while the extra bonus money account for an additional approximately 15%. $10 is released in bonus money for every 400 Betfair points earned and as one Betfair point are earned for every 7 cents in rake then players need to rake $28 to release $10 in bonus. The rakeback calculation for every $28 paid in rake will be: Effective Betfair rakeback=(((rake-bonus)*rakeback percentage) plus bonus money)/rake
ER=(((28-10)*30)+10)/28=55%
Fantastic deal
This solid rakeback percentage and the fantastic amount of inexperienced players joining Betfair Poker from their sportsbook make Betfair a must rakeback deal and on top of this there is a really great chance that Betfair will join a network in 2009 that normally do not allow rakeback but where old Betfair players will have their 30% rakeback deal grand fathered; read more about Betfair rakeback.
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