Unlike how rake is calculated in cash games rake on Sit & Go tournaments and even multi-table tournaments is very straightforward.
The parameters in your calculations are going to be:
1. The buy-in and fee of the tournament
2. Your rakeback percentage
3. Number of tournaments played
So let’s say that a player plays 100 $10+$1 tournaments and is receiving 30% rackeback. First thing to know is that there is no rakeback available on the buy-in portion as it is not considered rake and is part of the prize pool.
In a $10+$1 tournament you are paying a $1 fee (or rake) to the online poker site. That is the amount that counts towards your MGR and eventually your rakeback.
So the player plays 100 tournaments paying $1 in rake to play in each tournament. He has generated $100 in rake.
To get what his rakeback award would be you simply need to multiply the rake generated by the percentage payout to come up with the total rakeback. In this case, it would be $30 which is 30% of the $100 rake.
The rakeback formual for tournaments is then:
(Tournaments Played x Rake Paid) x Rakeback Percentage = Rakeback
Related posts:
- How is Rakback MGR Calculated Many people have questions about how their Monthly Gross Revenue...
- What is Rakeback? Every time you play online poker you’re paying up to...
- Rakeback Strategy Tips: NL Rebuy Strategy Any poker player will tell you that playing re-buy tournaments...
- Four Bounty Tournament Tips Bounty tournaments are unique poker tournaments where a portion of...
- Figuring Out How Much you Need to Make a Living Playing Poker There is not a winning poker player on this planet...
