Very misleading iPoker promotion

JackTenOff

Webmaster
webmeister
Joined
Jun 6, 2004
Location
uk
Today iPoker had a promotion which was a '$2,000 added MTT', however the tournament buyin was $1+$1 (yes 100% rake).
The tournament got over 2,000 runners which meant nothing was added due to the rake and iPoker infact ended up making almost $200 profit.

mislead.fw.jpg
 

Captureking

Dormant Account
Joined
Dec 15, 2011
Location
UK
Looks legit to me with the limited info given.

Boyles made $194. Looks like a freezout and 2194 players entered hence rake paid to the 2 k ($1 a pop rake) but the added attracted people.
 
Last edited:

SirWegs

Dormant account
Joined
Jan 4, 2013
Location
Stockholm
Today iPoker had a promotion which was a '$2,000 added MTT', however the tournament buyin was $1+$1 (yes 100% rake).
The tournament got over 2,000 runners which meant nothing was added due to the rake and iPoker infact ended up making almost $200 profit.

View attachment 38210


Well, if they dont make profit you wouldnt have any good poker rooms to play at! Its not free to run a poker room. Just the server cost most be insane!
 

Roller_Jamie

Dormant account
Joined
Apr 17, 2013
Location
United Kingdom
Despite the high rake there was still a risk to the room as if only 500 players turn up the promotion costs them $1500. Granted it didn't end up being particularly good value for the players who took part but the $1+$1 was clearly displayed all along.
 
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