how could they do that?
Many people seemed to be confused on how companies like GamesGrid can offer such huge bonuses and still stay in business. They are currently offering 1000% deposit bonus when you make an account. You earn the bonus by playing hands and collecting the bonus by accumulating points.
They are not losing money on these promotions, they bonus they give you comes from the rake they take on each hand of play. The way these bonuses are set up you will recieve a portion of your rakeback for each hand of play. They are just giving you back your own money. None of it is coming out of their pocket. Just think of it as a rakeback program instead of an added on bonus.
The GamesGrid promotion will be very effective I think because people are just in awe when they here 1000% bonus. They think they are getting some amazing deal but it takes tens thousands of hands to get back the entire bonus. Dont let flashy deals blind you, the company is still making money off of you and everyother player on the site.
They are not losing money on these promotions, they bonus they give you comes from the rake they take on each hand of play. The way these bonuses are set up you will recieve a portion of your rakeback for each hand of play. They are just giving you back your own money. None of it is coming out of their pocket. Just think of it as a rakeback program instead of an added on bonus.
The GamesGrid promotion will be very effective I think because people are just in awe when they here 1000% bonus. They think they are getting some amazing deal but it takes tens thousands of hands to get back the entire bonus. Dont let flashy deals blind you, the company is still making money off of you and everyother player on the site.
posted by Nick at 4:07 PM
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