Negative MGR?

[McLovin]

Hey guys. I'm still learning how all this works and I don't understand why I have a negative MGR for December so far. I haven't played any tournaments since starting the account (so no overlays) and I've only cleared one $10 increment of my deposit bonus.

Any idea what's going on?

[Journeyman_1]

buy anything from the store?

[McLovin]

No, no store purchases.

[Tyresias]

It's the cleared bonus. You didn't generate enough rake to cover that hit.

[NiCKc011]

What is your Full Tilt Poker screen name? You can let me know via PM and I can check the reports to see what you were deducted for. Generally speaking though, here is a full list of all of the deductions that Full Tilt will take off for:

1. 100% of all bonuses are deducted on Full Tilt Poker. Every time bonus money hits your account, it is subtracted from your overall rake. However, it is always a good idea to take bonuses when they are offered, as you will end up making more money in the long run. For example, if you rake $100 in a month you would normally receive 27% of it back as rakeback payment, which equals $27. However, if you receive a $20 bonus your overall MGR will be deducted to $80. You then would receive 27% of the $80, which equals $21.60. While this is less than $27, when you factor in the $20 you received in rakeback you will have earned $41.60 in extra money on $100 contributed in rake.

2. All of the points you spend on Full Tilt Poker will result in a deduction from your MGR at the rate of $5 deducted per 1,000 points spent.

3. Every time you play in a tournament that has added money, or an ‘overlay’ the players will all evenly be deducted. For example, if there is a $10,000 Guaranteed tournament on Full Tilt Poker with a $10 buy-in and only 900 players sign up to play, Full Tilt is forced to contribute $1,000 to the prize pool. This $1,000 is then evenly deducted from the MGR of the participating players. $1,000 divided by 900 = $1.11 Therefore each player will face a deduction of $1.11from their MGR.

4. There are also cash out and deposit fees on Full Tilt Poker. Every time you deposit money you will generally be deducted between 3-10% of the deposit amount. Cash outs are relatively unknown, as the cost of a cash out varies depending on the processor used. We recommend using paper checks or bank wires, as they are believed to have a small set fee.

This is all assuming that you've been playing on Full Tilt. If you play on another poker room, you can let me know as well and I can loo into it.

Nick

[Agent ]-[arbinger]

Originally Posted by Tyresias

It's the cleared bonus. You didn't generate enough rake to cover that hit.

^^Ding! That was easy.