Do You Count Promotions as Part of Your Winnings?

P

pjokay

Legend
Platinum Level
Joined
Oct 26, 2013
Total posts
1,103
Awards
2
Chips
92
If you get cashbacks say from partypoker, or free tournament credits from pokerstars etc do you count these as profits in your poker balance or not.

I do but have not worked out which I make the most on from bonuses.
 
A

animalitymk3

Enthusiast
Silver Level
Joined
Dec 22, 2018
Total posts
83
Chips
0
Usually free bonuses and rakeback put me more in the green at the end of the day so I country them as part of profit.
 
geitenkamper

geitenkamper

Rock Star
Silver Level
Joined
Sep 12, 2013
Total posts
103
Chips
0
im a bonus player.
I hop from pokerroom to pokerroom.

At Coral i trie to accomplish the daily mission for the token.
With the daily mission token you can win the weekly mission token.
You can win good money with that, last tuesday i did win €145,-

Get twister tokens for 1cp, coinflip at coral.
The 32red sunday and saturday freeroll, i rake my hands especially for that rolls.
Which i have both won, once: 505 and 195 euro.

At 888 i accomplish daily missions for theirs freerolls.
The little money i use to qualify for satelites.

Im just a low budget player although i try to reacht $109,- or higher tournaments through satelites.

My bonuses are my profit.
 
infonazar

infonazar

Legend
Loyaler
Joined
Oct 10, 2017
Total posts
3,613
Awards
3
UA
Chips
163
I believe that the profit is the money that I can actually get. Everything else is unrealized potential.
 
geitenkamper

geitenkamper

Rock Star
Silver Level
Joined
Sep 12, 2013
Total posts
103
Chips
0
I believe that the profit is the money that I can actually get. Everything else is unrealized potential.

well, i can say if you play every week the weekly mission at Coral where first 20 get paid out of about 80 players with about 10 sit outs then its not realisable.

A normal good pokerplayer at least hits the final table once of the 4 times.
The twisters 1 cp at coral, about average 110 participants will say you have a chance of 1 out of 10, so 1 twister token a day.
Yes, you still need to win thoose twisters, with an average one out of 3.

So some bonuses or tokens, or pokerpoints its normal to expect from a decent pokerplayer that he will make some money out of it.

Otherwise, he or she can better collect money for the church.
 
3

3gdata

Rock Star
Silver Level
Joined
Nov 1, 2017
Total posts
477
Chips
0
I usually don't count rakeback as my profit on poker sites, but I count free tickets and other bonuses and promos - they more likely are going to become real money.
 
vov4ik

vov4ik

Legend
Silver Level
Joined
Apr 6, 2017
Total posts
3,354
Chips
0
Yes, I consider it a profit + if I win somewhere in free tournaments that the poker room has given me, but these are only tournaments, but if they give me a bonus in money, I do not consider it as a profit for me it is just a gift that gave me a poker room!
 
Brandlad

Brandlad

Visionary
Silver Level
Joined
Oct 5, 2015
Total posts
966
Chips
0
The key thing is poker tracker sites like sharkscope etc treat these tickets as a real buy in and if we do not cash in then it is going to be a negative ROI for us.
 
P

pjokay

Legend
Platinum Level
Joined
Oct 26, 2013
Total posts
1,103
Awards
2
Chips
92
I mix and match it a little bit but should use a consistent method. At the moment I am totalling say when I open 30 chests on Pokerstars the cash and tournament $ as sometimes this can be around $8 easily and then when I use it in s tournament if I then count the entry cost without counting it as bonus first I have not actually lost anything but will if I do not count it. As some say it is a gift from the poker room and not actually money I have played for but I mark it as a bonus and it helps me see which sites I get the most back from.

Partypoker I never really seem to make their rakeback levels. Unlike Pokerstars the points do not accumulate if you do not earn enough in a week you just lose them unless you manage to get 25 point and I tend to play other sites more so never hit the targets on this.

On 888 Poker I do not count the freeroll tickets but if I win money in them I count the profit. Likewise at the moment I have not been counting free tournament tickets like the $1.50 or $16.50 if I ever win that but again if I do not count the ticket I need to make sure I do not count the entry fee, or count the ticket and list the entry fee.

It's really all small potatoes but it's all cash baby.
 
crimsonblur

crimsonblur

Rock Star
Silver Level
Joined
Mar 9, 2017
Total posts
297
Chips
0
If you win the tournament then I would count it but keep it in the back of my mind as to where the money came from obviously.
 
D

Dark Army

Enthusiast
Silver Level
Joined
Dec 27, 2018
Total posts
99
Chips
0
If you are to be a professional gambler, these are the things you will take into consideration when working out your potential to make money:

1. The payback percentage of the game you're playing
2. Cashback for your play or points for free play
3. Comps and gifts

Take video poker for example. Yes, believe it or not, there are professional video poker players out there. If done properly, it's actually the only game in Vegas where you can get a mathematical edge over the casino. Pro VP players are rare and the casinos that offer VP machines that could possibly favor the player are also rare.

The first thing to consider is the payback percentage of the machine. A typical VP machine is going to have a payback percentage somewhere between 88% and 95% assuming you play the game perfectly. Over a long period (Days, months, years..), 95% is going to crush you; however, some machines offer a progressive Royal Flush jackpot. When the RF jackpot gets high enough, that 95% payback can get to 97% and higher before the jackpot hits. Sometimes it gets high enough to put you over 100% but not often because of all the players who hammer the machine (Or bank of machines) when it gets that high.

Now, if the casino is offering a players card with cash back for your play, you have to add that into your payback percentage....which can put you over 98% especially if the casino is offering a multiplier on that day. 98%+ is high enough for a pro because it stands to reason that when he hits the RF (And he eventually will) there's going to be some profit there.

If the casino is offering any other comps (Food, gifts, etc...), this also increases the payback because those things do have value.

Several of the casinos got rid of cash back many years ago simply because people were figuring out ways to shave down the casinos edge. Instead, they offer points that can be used for free play which is not as good as cash back but does have some value. There's a few casinos left that do offer cash back; however, not all of them offer VP machines with progressive jackpots and decent pay structures that could give you an edge.

Even if you're not playing on the machines, you can still use your players card on the tables and in the poker room for points or cash back. There's also the comps. It all adds up.

So yeah, bonuses and tickets do have value and are a part of your profit.
 
ANATOLII1981

ANATOLII1981

Rock Star
Silver Level
Joined
Dec 19, 2018
Total posts
187
Chips
0
No, I personally think that these are slightly different games and accordingly you can play there more risky and aggressive than for real money. because you got them for free:star::star::star:
 
MrPokerVerse

MrPokerVerse

Legend
Bronze Level
Joined
Dec 18, 2009
Total posts
2,826
Awards
2
Chips
63
Profit is funds above the initial investment. If you deposited 50.00 and got bonus of 50.00 that would be profit. What ever funds you put in minus whatever you take out is profit. Playing nothing but freerolls is pure profit besides the fee to withdraw.
 
3

3gdata

Rock Star
Silver Level
Joined
Nov 1, 2017
Total posts
477
Chips
0
No, I personally think that these are slightly different games and accordingly you can play there more risky and aggressive than for real money. because you got them for free:star::star::star:


No way. I think you should not change your basic strategy just because you got a ticket for free. Play that tournament like you usually do.
 
Dzob

Dzob

Visionary
Silver Level
Joined
Dec 7, 2015
Total posts
917
Chips
0
I count only and only payments and withdrawals from poker. Payments minus deposits = profit.
 
N

neptun1914

Legend
Silver Level
Joined
Mar 22, 2018
Total posts
1,656
Chips
0
I add only the earned cash to the balance. For example if i earn some money from freeroll i will add them to my balance calculations but if i earn ticket for 10$ tournament for example i will not add this to the balance. Of course if i use the ticket and earn some money i will add them to the statistics.
 
VivicvrMga

VivicvrMga

Rock Star
Silver Level
Joined
Sep 20, 2017
Total posts
395
Chips
0
I consider yes this all involved in my balance in the poker room.
 
wsbar

wsbar

Legend
Silver Level
Joined
May 12, 2017
Total posts
1,097
Chips
0
It is always good to take advantage of promotions, give poker players the opportunity to earn good money. Or at least try to earn some good extra money.
 
takinitSLEAZEE

takinitSLEAZEE

Legend
Loyaler
Joined
Apr 2, 2011
Total posts
1,474
Awards
2
US
Chips
197
If you make it into the black then it would indicate R.O.I. If a bonus helped you get there then of course. I agree that trny tickets acquired or won would be a potential profit as long as it produces a cash. Rake-back, I suppose, could be a form of R.O.I.; hell why not? :dontknow:
 
AMTTT

AMTTT

Rock Star
Silver Level
Joined
Mar 31, 2018
Total posts
132
Chips
0
shares, tickets and freerolls on poker rooms and from the poker sites, this is a good potential to raise your bankroll and win cash, it's a good profit
 
Rusel2302

Rusel2302

Enthusiast
Silver Level
Joined
Feb 3, 2019
Total posts
86
Chips
0
If I won some money from free tournaments, then played for example tournament for them, won money and brought them, then Yes, I consider
 
onione6ix

onione6ix

Rock Star
Silver Level
Joined
Feb 5, 2019
Total posts
196
Chips
0
I agree if a bonus gets you in the green, then thats stone cold profit. Tally it up.
 
Top