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  1. #1
    Junior Member
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    Apr 2011
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    Question Rake currency

    Hi,

    can some1 from RTR explain why in stats shown you use USD? for example ipoker dont use USD at all but all races and stats is in USD...? Looks to me that some1 (room or/and affiliate) makes little $$$ farming on xchange rates every month.. At least players definetly dont benefit from that..

  2. #2
    Administrator RakeTheRake's Avatar
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    Quote Originally Posted by laxlax View Post
    Hi,

    can some1 from RTR explain why in stats shown you use USD? for example ipoker dont use USD at all but all races and stats is in USD...? Looks to me that some1 (room or/and affiliate) makes little $$$ farming on xchange rates every month.. At least players definitely dont benefit from that..
    LOL!

    Yep you got us. we've been siphoning off $0.03 a day for the past 9 years and we now have $98.55 saved. Once we hit the $100 mark we intend to spend it on 10 bottles of low grade vodka.

    Just kidding! We'll get 5 vodkas and 5 gins.

    That said, it's a valid question
    The reason everything is in $$$ is because we need a single currency in order to pay referral fees. In addition almost every room operates or used to operate in $$$.

    When we do calculate the referral commissions we use the rate of exchange according to XE - The World's Favorite Currency and Foreign Exchange Site on the first day of the following month.
    e.g. for June we will use /$ = 1.71 and /$ = 1.37

    In summary nobody is losing out or benefiting anywhere from the way we list races etc.

    Hope that helps
    Best wishes

    Johnny

    Skype: rakeback1


  3. #3
    Junior Member
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    Know you were farming!! That number in top right corner is actually money farmed in Exchange by RTR and you put it there for LOL's!!

  4. #4
    Administrator RakeTheRake's Avatar
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    Quote Originally Posted by laxlax View Post
    Know you were farming!! That number in top right corner is actually money farmed in Exchange by RTR and you put it there for LOL's!!
    Straight up!
    We are saving for one of these babies
    http://www.charterworld.com/news/wp-...ht-Profile.jpg
    Best wishes

    Johnny

    Skype: rakeback1


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