We’ll pay you 27% of the net revenue generated by your poker account. This is the sum of all the tournament entry fees and cash rake, minus any bonus or promotional amounts, processing charges, FTP points spent, charge-backs or other uncollectible revenue generated. Processing charges are typically a couple of percent of deposits and flat fees for withdrawals, depending on the processor. Credit card charges are usually higher. Some processors like Neteller do not currently charge at all for withdrawals. Please note we have no control over these charges and because processor charges change regularly, and without notice, we are unable to obtain exact figures for these charges in advance. These fees are shown in the Administrative Costs column in Myrakeback.
Spending 1000 points in the FTP store removes $1.08 worth of rakeback (showing as $4 in the Administrative Costs column in Myrakeback). This is the same in the Black Card store but purchasing cash bonuses does not cost you directly, but your rakeback will be affected whilst clearing the bonus, the same as any other.
Added money to tournaments comes off gross revenue based on the equity added per player, i.e. if $100 is added to a 100 player tournament, that counts as -$1 gross revenue if you take part (taking 27 cents off rakeback). This will show up in the Player Marketing and Retention Column.
Entering freerolls using FT points will affect your rakeback based on the equity added per player, not the number of points spent. Where there are qualifiers for live events, such as the Poker Million, the amount of equity per player in the finals can be considerable. Whether or not you qualified through another tournament, or bought directly into the final, this will affect your rakeback. The equity per player in finals can be over $200, so playing in these finals can reduce your rakeback by over $50 per event played.
The Hendon Mob exclusive $5000 added tournaments do NOT affect your rakeback, nor do the Hendon Mob exclusive rake races or Hendon Mob leagues. Buying tournament tokens in the Ironman store does not affect your rakeback, but buying them in the regular store does.
In Myrakeback, Player Marketing and Retention includes cleared bonuses, equity added in tournaments and points used (prior to around start of February 2011, points used were listed under Administrative Costs). Administrative Costs now just includes fraud, processor deposit/withdrawal fees and local tax (applied only to French players).
For an example of how the signup bonus (and other bonuses which are given out throughout the year) affect rakeback, please check this forum post. Although it is possible for an account to generate negative revenue, this will not cost you anything, you will simply not receive any further payments until the account is in credit. You are always better off with rakeback than without.
