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cash for points

edited November 2009 in Poker Chat
the cash for points table is like this
4000   points                 £75.00
5000   points                 £100.00
6000   points                 £125.00
7000   points                 £150.00
8000   points                 £200.00
12000 points                 £350.00

what i would like to know is there such a jump from 8000 points to 12000 points?
Can we plz have 10000 points at £275.00.

Comments

  • edited October 2009
    this thread would concern you and ermmm you, im lucky to get 800 points let alone 8000 lol
  • edited October 2009
    I just aim to make the 1000 every month, and I've just managed it - give me my tenner :-)
  • edited October 2009
    In Response to Re: cash for points:
    I just aim to make the 1000 every month, and I've just managed it - give me my tenner :-)
    Posted by darich
    Did you not know?, 1000 points is now £25
  • edited October 2009
    I think it's £15 according to the promo page?
  • edited October 2009
    In Response to Re: cash for points:
    this thread would concern you and ermmm you, im lucky to get 800 points let alone 8000 lol
    Posted by loonytoons
    surely there must be many players who finish on 10000 points, what can i do with the maybe 2000/3000 extra points. and no i wont play freerolls.
  • edited October 2009
    In Response to Re: cash for points:
    In Response to Re: cash for points : surely there must be many players who finish on 10000 points, what can i do with the maybe 2000/3000 extra points. and no i wont play freerolls.
    Posted by freechips1
    no way you must be in the top 1% of points
  • edited October 2009
    Every "High stakes reg" Player on here must clear 10k points a month pretty easily i think

    .5/1 cash - 5-10
    £30 + sng player

    Personally i use to clear 20k + a month but last few ive hit the 16k mark, ajs4385 must clear 30k+

    Anyway i think the current system is fine but would love a poinrs store :)
  • edited October 2009
    It doesn't make sense to me.  If you hit 40k points, then Sky say they will give you £250 for every 4k points over that total.

    Yet if you get 4k points only, then its something like £75.

    The rate of rake that you earn sky doesn't change no matter how many points you get....

    I'm due £150 this month, which I'm happy with as I didn't start playing until the 14th.

    November is gonna be a big grind month for me!
  • edited October 2009

    No matter what Sky do they wont be able to please everyone. Its an extra bonus for everyone so it is a good thing. Just glad to see its unlimited now.

    As for me I am on 40k with a couple of days to go.

  • edited October 2009
    i think itll be cus there giving such a large amount of cash back to you, so they make it a bit more awkward.
  • edited October 2009
    In Response to Re: cash for points:
    No matter what Sky do they wont be able to please everyone. Its an extra bonus for everyone so it is a good thing. Just glad to see its unlimited now. As for me I am on 40k with a couple of days to go.
    Posted by ajs4385
    wow 40k thats alot of raked hands, AJS if this was rakeback what would it work out at as a %? im sure it must be less than 10% ish
  • edited October 2009
    In Response to Re: cash for points:
    In Response to Re: cash for points : wow 40k thats alot of raked hands, AJS if this was rakeback what would it work out at as a %? im sure it must be less than 10% ish
    Posted by freechips1

    Is it that low, thats pretty awful compared to most rakeback deals.  You can get 30% on most sites cant you?
  • edited October 2009
    i believe that is true, some sites offer 50%?
  • edited October 2009
    yes 30% is what most sites offer. If u play sit n go or mtt it works out at 10%, but for cash i think its less.
    we need a math genius to work out av pot for a 50/1 table then some how convert it to cash for points
  • edited October 2009
    **cue the maths geek**
  • edited October 2009
    In Response to Re: cash for points:
    **cue the maths geek**
    Posted by porkerman
    merenovice i think is a bit of a math geek
  • edited October 2009
    i will av a go at working it out

    if avrage pot on a 50/1 table is £20 the rake is 50p.
    30 raked hands is 20 points on 50/1,  so £15 paid in rake is 30 points.
    lets say avrage 50/1 player gets 16000 points thats £500 back

    533.33 x 30 = 16000points
    533.33 x £15=£7999.9995

    so u pay £8000 in rake to get 16000 points that is £500 back.
    so i think skys cash for points works out at 8% rakeback. am i right? im not 100% sure
  • edited October 2009
    In Response to Re: cash for points:
    i will av a go at working it out if avrage pot on a 50/1 table is £20 the rake is 50p. 30 raked hands is 20 points on 50/1,  so £15 paid in rake is 30 points. lets say avrage 50/1 player gets 16000 points thats £500 back 533.33 x 30 = 16000points 533.33 x £15=£7999.9995 so u pay £8000 in rake to get 16000 points that is £500 back. so i think skys cash for points works out at 8% rakeback. am i right? im not 100% sure
    Posted by freechips1
    you are using the entire tables rake for the calculations of just your own.

    if 6 of the same players played that amount of hands together, then it would be 8k rake and 3k returned.

    skys system is so hard to work out because of the system it uses to calculate poker points, where so many rakes hands are not counted because of their retarded system; its an issue that i raised before and was told that the system is going to be change 'soon'
  • edited October 2009
    I used a general basis of 1 point per 10p in rake (I know this isn't strictly true but only a guidline). With that I reckon it's about 8-10% max
  • edited October 2009
    In Response to Re: cash for points:
    In Response to Re: cash for points : you are using the entire tables rake for the calculations of just your own. if 6 of the same players played that amount of hands together, then it would be 8k rake and 3k returned. skys system is so hard to work out because of the system it uses to calculate poker points, where so many rakes hands are not counted because of their retarded system; its an issue that i raised before and was told that the system is going to be change 'soon'
    Posted by scotty77
    i agree with u scotty, i cany see y sky dont give rakeback like other sites.
    i had a rep from another site ring me, one of the questions he asked me was how much rake do u pay a month at sky.
    when i told him i dont no he was a bit shocked.
    i think we should be able to see how much rake we pay
  • edited October 2009
    tbf all poker sites that i know of dont just give you your gross monthly rake figure; you either have to be part of a rakeback scheme to get that data or mine it thru poker tracker.

    as sky has no tracker support then this is impossible.

    and by shocked the rep just wanted a sign up so wanted to make sky look as bad as possible.

    the cash for points system is a good one but it does need to be clearer and needs to hvae a system that doesn't disregard loads of your hands if you sit up with you have been at 98 raked hands at a table it will only award you for 80 of them.
  • -v--v-
    edited October 2009
    Agree with freechips. The gap between 8k and 12k is too big. There should be another level at 10k

    I seem to reach 8k a few days before the end of each month
  • edited October 2009
    ty -v-, just need someone from sky to see this
  • edited October 2009
    In Response to Re: cash for points:
    I used a general basis of 1 point per 10p in rake (I know this isn't strictly true but only a guidline). With that I reckon it's about 8-10% max
    Posted by silentbob
    No it's much better than that, I've worked this out before and it's actually a pretty good deal, particularly at the top end....

    Using the 1 point per 10 pence, which is correct for tournament play as 10 points = £1 in fees:
    Points Bonus Rake %
    4000 75 400 19%
    5000 100 500 20%
    6000 125 600 21%
    7000 150 700 21%
    8000 200 800 25%
    12000 350 1200 29%
    16000 500 1600 31%
    20000 750 2000 38%
    24000 1000 2400 42%
        
        
        
        
        
        
        
        
  • edited October 2009
    impressive numbers sharkattack
  • edited October 2009
    In Response to Re: cash for points:
    In Response to Re: cash for points : No it's much better than that, I've worked this out before and it's actually a pretty good deal, particularly at the top end.... Using the 1 point per 10 pence, which is correct for tournament play as 10 points = £1 in fees: Points Bonus Rake % 4000 75 400 19% 5000 100 500 20% 6000 125 600 21% 7000 150 700 21% 8000 200 800 25% 12000 350 1200 29% 16000 500 1600 31% 20000 750 2000 38% 24000 1000 2400 42%                                                                
    Posted by sharkattak
    yes it is a good deal if u play mtt but no1 will ever get over 12000 points playin mtt.
  • edited October 2009

    If a rakeback scheme was ever introduced like the other sites, only new players are eligible for the rakeback bonuses neway.
    Most sites sites like titan and party also use points rewards systems but are much clearer to work out what rakeback can be achievable.
  • edited November 2009
    It's that time of month when people start taking notice of how many points they've accrued, and I've got a question regarding the points system for cash tables...

    I understand you get a certain number of points (depending on blind levels) for every 20 raked hands that you participate in, but what is the definition of participation? Do you have to have contributed to the pot, or simply been dealt hole cards??
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