Bonus Value & Cashback

Now let’s look at how much the Bonus is actually worth and what are the best way of clearing it. First, as you can see from the Bonus Value table, it doesn’t really matter what Bonus amount you activate, the eventual value of clearing it will be equivalent to 20% Cashback. We know this because the Bonus is cleared by earning Comp Points, which are earned at a rate of 1 Comp Points per every cent you pay in rake and tournament fees. So for example, if we want to clear a $300 Bonus, we would first need to find out how many Comp Points we’ll need to earn to do that. Since every $10 chunk is released after earning 5,000 Comp Points, we can calculate that:

($300 / $10) * 5,000 = 150,000 Comp Points

Then, because we know that every Comp Point is worth 1 cent in paid rake, we can calculate how much rake we’ll need to pay in total to clear this amount:

150,000 / 100 = $1,500

Now using a simple calculation, we can see that $300 is 20% of $1,500.

$300 * 100 / $1,500 = 20%

You can plug in any Bonus amount into these formulas and you will always come up with 20% at the end.

Tournaments / Windfall Poker

When it comes to figuring out how much time it will take to clear the Bonus playing various games, the easiest calculations can be made for tournaments/sit & go’s and windfall poker. You can read more about Windfall Poker in our SportsBetting Download review, but basically it is also a sit & go variant.

In the graphs on the left, you can see the results of tournament and windfall poker calculations that show how many games you will need to play to clear a certain Bonus amount playing specific stakes. Let’s take a close look at these calculations. For tournaments, we have used three buy-in levels, $5.50, $22 and $215, which give a good representation of what it will be like clearing the Bonus playing low, medium and high stakes.

Since we know that players earn 100 Comp Points for every $1 they spend in tournament fees, we have an easy way to calculate the amount of games it will take to clear the entire Bonus. Let’s take the $22 tournaments as an example. Since you pay $2 in fees in these tournaments, that means that you earn 200 Comp Points for every tournament played. Knowing this, we can easily calculate the number of tournaments it will take to clear a specific Bonus amount:

$100 Bonus:                        50,000 / 200 = 250

$500 Bonus:                        250,000 / 200 = 1,250

$1,000 Bonus:                    500,000 / 200 = 2,500

Now if we take Windfall Poker games, the same calculation applies. Let’s take the $15 Windfall Poker games for example. All Windfall Poker games have a rake of 7% regardless of the buy-in, so for $15 games, the rake would be $1.05 per games, earning you 105 Comp Points for every game you play. Now we can just plug this number into the formula like last time and get the number of games it will take to clear a Bonus:

$100 Bonus:                        50,000 / 105 = 477

$500 Bonus:                        250,000 / 105 = 2381

$1,000 Bonus:                    500,000 / 105 = 4762

Cash Games

While tournament/sit & go calculations are easy, cash games can be much more of a pain to figure out. Due to differences in stakes, playing styles, etc. it can be pretty hand to calculate how many Comp Points players will earn over a set number of hands. The easiest way to go about this is to introduce some approximations and take the calculations from there. Let’s calculate the amount of hands it will take to clear certain Bonus amounts for $0.25/$0.50 and $5/$10 stakes.

NL50 (Estimated ~300 Comp Points/100 Hands)

$100 Bonus:                        50,000 / 300 * 100 = ~16,666 Hands

$500 Bonus:                        250,000 / 300 * 100 = ~83,333 Hands

$1,000 Bonus:                    500,000 / 300 * 100 = ~166,666 Hands

NL1000 (Estimated ~500 Comp Points/100 Hands)

$100 Bonus:                        50,000 / 500 * 100 = ~10,000 Hands

$500 Bonus:                        250,000 / 500 * 100 = ~50,000 Hands

$1,000 Bonus:                    500,000 / 500 * 100 = ~100,000 Hands