Lizzie711 said:
Then why would anyone play at BOL, where they take 6.5% themselves, and say that they are "not responsible for foreign currency conversion fees (FCCF)". ACR must also use third parties. Do the 3rd parties charge?
When I complained to BOL about this, they credited my account with the amount over 6.5%, but would not refund the FCCF.
Also, can anyone please explain how "rakeback" works, and how to get it? I am a serious player and it seems that I should be up on this.
Thanks....
Let me explain it, in our case we use international processors but they
DO NOT charge fees. The thing is that when you do the deposit it would be considered as an
International transaction, so
YOUR bank or
ANY other bank will charge you an
International fee, not our processors, not on our side.
We have a 27% Rakeback and we have several ways of calculating it.
-Weighted Contributed Rake Calculation
With the Weighted Contributed Rake Calculation, players earn more credit based on how much rake they contribute to a pot. So a player who sticks it out until the end of the hand and contributes $2 in rake to a pot will earn more credit towards their bonus release than a player who only contributed $0.25, players who fold without putting even the blinds share no credit at all as they didn’t contribute to the rake.
The big advantage of the Weighted Contributed Rake Method is that players earn bonuses faster at Americas Cardroom. That’s because when a customer plays more
hands and contribute more to each pot, he’ll earn more points.
We use the Weighted Contributed Rake Method to calculate the release of bonuses.
-Dealt Rake Calculation
With the Dealt Rake Calculation, every player dealt into the hand gets equal credit, it makes no difference if they play the hand or not or how much they contributed. So, if you received cards and you fold before the flop, you’ll still earn the same number of points as players who played it until the river, even if you didn’t contribute to the pot.
We don’t use the Dealt Rake Method at Americas Cardroom to calculate points.
-Contributed Rake Calculation
In this calculation, players earn an equal number of credit regardless of how much they contributed to the pot. But players who fold without posting a blind aren’t eligible to earn credits.
We don’t use the Contributed Rake Method at Americas Cardroom to calculate points.
You can check it
here
This is the Rakeback formula: {(Ring Rake + Tournament Fees) - (Bonus earned Out)*27%}
