I am well annoyed

This is a discussion on I am well annoyed within the online poker forums, in the Poker Rooms section; Ive jus started playin at Everest poker . I liked it because they have free sit n gos in which you can win a few ...
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  #1
28th August 2005, 2:38 AM
woodsy44
 
Plays at: Betfred
Game: NL hold 'em
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.
Play Texas Hold'em Online Poker | I am well annoyed

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  #2
29th August 2005, 4:18 PM
t1riel
 
Plays at: Not Banned
Game: Holdem/Hi-Lo
What a ripoff!
  #3
29th August 2005, 4:54 PM
diabloblanco
 
Plays at: Smoky Rooms
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
29th August 2005, 5:02 PM
jeterkid925
 
Plays at: different
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
29th August 2005, 5:03 PM
joshyb20
 
Plays at: FT,Bodog,Ultimatebet
Game: Hold'em
re: I am well annoyed poker

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
29th August 2005, 6:25 PM
Grumbledook
 
Plays at: Fulltilt
Game: HORSE
wish i could win 75% of the sit and gos i entered ;]
  #7
30th August 2005, 2:55 AM
diabloblanco
 
Plays at: Smoky Rooms
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
30th August 2005, 3:43 AM
Four Dogs
 
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
30th August 2005, 5:37 AM
diabloblanco
 
Plays at: Smoky Rooms
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
1st September 2005, 1:22 AM
woodsy44
 
Plays at: Betfred
Game: NL hold 'em
re: I am well annoyed poker

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 : 1st September 2005 at 1:22 AM. Reason: Automerged Doublepost
  #11
1st September 2005, 11:52 AM
robwhufc
 
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
1st September 2005, 12:46 PM
diabloblanco
 
Plays at: Smoky Rooms
Much better deal.

Last edited by diabloblanco : 1st September 2005 at 1:03 PM.
  #13
1st September 2005, 12:56 PM
IrishDave
 
Plays at: Absolute
Game: Most Any
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
1st September 2005, 1:00 PM
diabloblanco
 
Plays at: Smoky Rooms
Much better deal.
  #15
1st September 2005, 1:11 PM
robwhufc
 
re: I am well annoyed poker

Quote:
Originally Posted by diabloblanco
Much better deal.
Yes we're even - eh? What happened?
  #16
1st September 2005, 11:52 PM
woodsy44
 
Plays at: Betfred
Game: NL hold 'em
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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