Superb detailed explanation by our friend rocka
Noble bonus breakdown.
Here is a breakdown on the Noble bonus.
100% bonus up to $800.
3 months to clear (I don't know whether this is calender months or 90 days I'll fire off an email and report back)
Crowns are awarded to players for each hand in which they participate, as long as the hand is raked, no matter whether the player contributed to the pot by placing a blind or a bet, or whether the player folded.
Crowns are awarded according to the stakes at ring games as listed in the following table:
25c/50c - 1 crown.
50c/$1.00 - 2 crowns.
$1/$2 - 4 crowns.
Bonuses are awarded according to the number of Crowns a player has earned.
500 crowns = $10.00.
700 crowns = 10 euros.
900 crowns = 10 GBP.
(Depending on the exchange rate and the charges involved with your deposit method it may be in your interest to deposit in British pounds, but for the rest of this bonus review I will stick to $US.)
Each crown has a bonus value of $0.02.
Raked hand value.
@ 25/50 - $0.02.
@ 50/1.00 - $0.04.
@ 1/2 - $0.08.
Raked hands per $10.00.
@ 25/50 - 500.
@ 50/1.00 - 250.
@ 1/2 - 125.
Clearence rates.(These figures are based on a small sample of games available when I logged on to noble but will still give you an idea on how to work out clearance rate values).
@ 25/50 avg pot $2.36 very few pots reached the $5.00 rake.
@50/1.00, avg pot $7.22, hands/hour - 60+ @ 6 handed - 48+ @ 10 handed .
6 handed = 60 hands x $0.04 = $2.40 per hour.
10 H = 48 x .04 = $1.92 p/h.
@1/2 avg pot $11.00, hands/hour - 57+ @ 10 handed.(there were no 6 handed games when I logged on)
10 handed = 57 x .08 = $4 56 p/h.
This is not a bonus geared to micro limit players and that is fair enough, lets face it companies like noble are in business to make money and make their money from raked hands. So gearing thier bonuses toward rewarding the player that plays at limits more likely to be raked is not such a bad thing. The fact that they do not rake the pot until it reaches $5.00 means the average micro limit holdem player can play just about rake free.
To make the most of this bonus it is probably better to wait until you have $500.00 or more and are confident enough in your game to handle $1/2 limit holdem. Then it is not the worst value on offer. A $500.00 bonus will take 6250 raked hands to clear, at 60 hands an hour this means it will take you 105 hours of play to clear at a rate of just under $5.00 per hour, not bad to get $5.00 an hour to do something you love, Playing Poker.
This is the first time I have done anything remotely like this so any Criticism, questions, comments or feedback will be greatly appreciated.
For those of us who play lower limit poker I am currently experimanting with building a bankroll starting with $50.00 and using bonuses and special offers to see how I can get it to grow to the point where I will be able to take advantage of these larger offers. I should be making my first report on this experiment in 2 or 3 days and as soon as i have run it past the powers that be here at cardschat.
Keep flopping monsters.