Which one is better as a player to receive,,, a yearly percentage on loses or a monthly percentage.
LVHerbie
SBR Hall of Famer
09-15-05
6344
#2
if you a losing player by the year (you might have a winning month) and a winning player by the month (since you are more likely to lose short term)
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bigboydan
SBR Aristocracy
08-10-05
55420
#3
it would really depend on how much your play time with that book.
alot of people use many different outs thru out the year. so, if thats the case the logical thing to do would be to it on a yearly percentage.
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Ganchrow
SBR Hall of Famer
08-28-05
5011
#4
Originally posted by Heysosamakeamove
Which one is better as a player to receive,,, a yearly percentage on loses or a monthly percentage.
It depends, among other factors, on the size of the monthly rebate relative to the yearly rebate.
If the monthly rebate is eqivalent to or larger then the yearly than the monthly is preferable.
If the annual rebate is larger than the monthly rebate then preferences will vary based upon their relative levels, expected win rate, frequency and timing of wagers placed, and the degree to which a dollar paid to the player in the future is less valuable than a dollar paid today (this is known as the "time value of money").