This is the subject that high volume players are considering these days. There have been countless numbers of posts on this subject at 2+2 and poker blogs (including this great one by suckout).
My Party account was originally signed up with no affilate (how little I knew about the online poker business back then......), and I had been only using it strictly for bonus whoring. All of my other play at Party was through a skin where I was receiving rakeback.
When the skins were broken off, I looked for a few offers from affliates that would quietly give rakeback. The offers I received were tiered between 20-25% rakeback depending on MGR.
I finally got around to emailing Party's VIP group to get an offer directly from them. Their initial offer was $200 for 7000k raked hands, and I "negotiated" to $350 for 10k (about a 22.5%/raked hand improvement). If I play above this threshold, my bonus will be increased on a pro-rata basis. This seems to be a fairly standard offer given the stakes and # hands I play when compared to what others were listing in this 2+2 thread.
I asked and was told that the offer is only for November, and that some different, but better (yeah right...), promotion scheme will be coming for their VIP club.
The question I ponder is if I should try to get a combination of rakeback plus bonus $. I think for now I will take the conservative approach to stick with my existing Party account for just the bonus $ and see how others fare.
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3 comments:
Just found your blog, and I plan to add it to mine and follow it a good bit. A couple of questions: where do you live play (couldn't find where you're located), just the location is fine (I don't put too much personal info on my blog). I don't play live very much as we are in an area with no casino within 200 miles or so. I play when I travel, mainly Bellagio $15/30 when I'm in Vegas.
Also, I don't know much about rakeback, so if you wouldn't mind a simple tutorial, that would be great.
CC,
I play somewhere on the west coast where poker has been legal for many many years. The limits that are available at this poker room for limit hold'em are: $20/$40, $40/$80, $80/$160; so there is a fairly substantial jump between each level. Unfortunately for me, there are no nearby poker rooms that offer $30/$60. The $20 game is very beatable, but I'm still not ready to play $40/$80.
There should be a ton of articles out there on rakeback. However, the basic premise is something like this: Rakeback is money returned (typically indirectly) to a player from a poker site as a reward for playing in real money games at that site. I use the word "returned", because essentially it is a portion of the fees, or rake, that is charged by the poker site.
See: http://www.rakerebatereview.com/faq.asp
Dave
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