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  Poker - I am well annoyed
 
  #1  
28-08-2005, 1:38 AM
woodsy44
CardsChat Regular
 
Location: manchester and bradford
Plays at: Betfred
Likes: NL hold 'em
Posts: 352
I am well annoyed

Ive jus started playin at Everest poker. I liked it because they have free sit n gos in which you can win a few cents. I entered a freeroll for bonus money (didn't know till the end it was bonus money). But it is bloody hard to get to it because for each bonus dollar you have, you must win $100 to free it.
I won the freeroll and got $120 in bonus money and so will have to win $12000 to free it. This is gonna take me a while on the shastas (the free sit n go's) as on each shasta you only win 5c. I am very annoyed and felt like tellin you all here.
 

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  #2  
29-08-2005, 3:18 PM
t1riel
Beware Of The Shortstack!
 
Location: Massachusetts
Plays at: Not Banned
Likes: Holdem/Hi-Lo
Posts: 5,339
What a ripoff!
  #3  
29-08-2005, 3:54 PM
diabloblanco
CardsChat Regular
 
Location: Hell
Plays at: Smoky Rooms
Posts: 1,199
Nah, it isn't as bad as it sounds. At .05 cent per sit and go, you have to win 20 of the matches to make $1, you need $12,000 to free up the $120 bonus dollars you won, so assuming you win 100% of the sit and go's for .05 cents per game, you only have to play 240,000 sit and go's to free up your 120 bonus dollars. However, realistically speaking, you're probably going to win more like 75% assuming you're very good so you should probably add about another 50 or 60,000 sit and go's to the 240,000 and make it an even 300,000 just to be safe.
If you were to play, say, 20 a day, 7 days a week that's 140 every week or 560 a month. If you never took a day off and maintained a constant 75% winrate you could have that 120 bonus dollars converted to real money in just about 44 years and 7 months. Not bad. Good luck.
  #4  
29-08-2005, 4:02 PM
jeterkid925
CardsChat Regular
 
Location: nj
Plays at: different
Posts: 314
Quote:
Originally Posted by diabloblanco
Nah, it isn't as bad as it sounds. At .05 cent per sit and go, you have to win 20 of the matches to make $1, you need $12,000 to free up the $120 bonus dollars you won, so assuming you win 100% of the sit and go's for .05 cents per game, you only have to play 240,000 sit and go's to free up your 120 bonus dollars. However, realistically speaking, you're probably going to win more like 75% assuming you're very good so you should probably add about another 50 or 60,000 sit and go's to the 240,000 and make it an even 300,000 just to be safe.
If you were to play, say, 20 a day, 7 days a week that's 140 every week or 560 a month. If you never took a day off and maintained a constant 75% winrate you could have that 120 bonus dollars converted to real money in just about 44 years and 7 months. Not bad. Good luck.
lol, that might be the funniest post I've ever read here. 44 years and 7 months
  #5  
29-08-2005, 4:03 PM
joshyb20
CardsChat Regular
 
Location: Oklahoma
Plays at: FT,Bodog,Ultimatebet
Likes: Hold'em
Posts: 746
Quote:
Originally Posted by diabloblanco
Nah, it isn't as bad as it sounds. At .05 cent per sit and go, you have to win 20 of the matches to make $1, you need $12,000 to free up the $120 bonus dollars you won, so assuming you win 100% of the sit and go's for .05 cents per game, you only have to play 240,000 sit and go's to free up your 120 bonus dollars. However, realistically speaking, you're probably going to win more like 75% assuming you're very good so you should probably add about another 50 or 60,000 sit and go's to the 240,000 and make it an even 300,000 just to be safe.
If you were to play, say, 20 a day, 7 days a week that's 140 every week or 560 a month. If you never took a day off and maintained a constant 75% winrate you could have that 120 bonus dollars converted to real money in just about 44 years and 7 months. Not bad. Good luck.
Glad you did the math and posted this, my head hurts just thinking about it....
  #6  
29-08-2005, 5:25 PM
Grumbledook
CardsChat Regular
 
Location: England
Plays at: Fulltilt
Likes: HORSE
Posts: 1,771
wish i could win 75% of the sit and gos i entered ;]
  #7  
30-08-2005, 1:55 AM
diabloblanco
CardsChat Regular
 
Location: Hell
Plays at: Smoky Rooms
Posts: 1,199
No doubt Grumble, but I wanted to use a number both higerthan the average winrate and easy to work with for the sake of the math. Either way 44 years 7 months is a lowball estimate, lmfao. What kind of bonus is that suppose to be?
  #8  
30-08-2005, 2:43 AM
Four Dogs
deadinaditch
 
Posts: 2,840
Quote:
Originally Posted by diabloblanco
If you were to play, say, 20 a day, 7 days a week that's 140 every week or 560 a month. If you never took a day off and maintained a constant 75% winrate you could have that 120 bonus dollars converted to real money in just about 44 years and 7 months. Not bad. Good luck.
OK now your just being silly. 20 SNG's a day for 44 years and you don't think he'll improve beyond his original 75%?
  #9  
30-08-2005, 4:37 AM
diabloblanco
CardsChat Regular
 
Location: Hell
Plays at: Smoky Rooms
Posts: 1,199
Good point. If he starts out at about a 55% winrate, by the time he frees up all his bonus money he should be at a good 70-75%. GG, NH.
  #10  
01-09-2005, 12:22 AM
woodsy44
CardsChat Regular
 
Location: manchester and bradford
Plays at: Betfred
Likes: NL hold 'em
Posts: 352
I admit that if i do this, i will get a lot better due to 44 years of practice. I cant be arsed tho, so never mind.

lol its a joke really

Last edited by woodsy44 : 01-09-2005 at 12:22 AM. Reason: Automerged Doublepost
  #11  
01-09-2005, 10:52 AM
robwhufc
Footie's back! :)
 
Location: Sittingbourne, UK
Posts: 5,405
You're all very pessimistic. If he 4 tabled and kept to 75% win rate, he'd have bonus cleared in under 12 years. Not looking such a rip-off now is it!
  #12  
01-09-2005, 11:46 AM
diabloblanco
CardsChat Regular
 
Location: Hell
Plays at: Smoky Rooms
Posts: 1,199
Much better deal.

Last edited by diabloblanco : 01-09-2005 at 12:03 PM.
  #13  
01-09-2005, 11:56 AM
IrishDave
A Member
 
Location: Marietta, GA
Plays at: Absolute
Likes: Most Any
Posts: 1,963
This is a classic example of a thought that tends to permeate the forum from time to time. Folks are desperately searching for some free money with no strings attached - and it's just not going to happen. Who stays in business by giving away free money? There are always going to be strings attached - so why be surprised or get upset. Never forget the old adage "If it sounds to good to be true - it is". Period, end of story...
  #14  
01-09-2005, 12:00 PM
diabloblanco
CardsChat Regular
 
Location: Hell
Plays at: Smoky Rooms
Posts: 1,199
Much better deal.
  #15  
01-09-2005, 12:11 PM
robwhufc
Footie's back! :)
 
Location: Sittingbourne, UK
Posts: 5,405
Quote:
Originally Posted by diabloblanco
Much better deal.
Yes we're even - eh? What happened?
  #16  
01-09-2005, 10:52 PM
woodsy44
CardsChat Regular
 
Location: manchester and bradford
Plays at: Betfred
Likes: NL hold 'em
Posts: 352
Rob i agree that no one makes money by giving it away. I won the money on a freeroll. I jus thought it was funny how realistic my chances of freeing it are.
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