Quote from: ranlo on May 27, 2013, 03:41:12 AM

Quote from: jimafternoon on May 24, 2013, 08:17:46 PM

Seals rake is about the lowest you'll find anywhere.

Other sites that give huge rakeback deals charge twice as much rake to begin with.

5% rake with 50% RB = 2.5% rake with no RB

Low rake is good but the way we perceive the rakeback doesn't correlate. For example:

If rake is 10% and rakeback is 8%
If rake is 20% and rakeback is 16%

We will always perceive the 16% rakeback as being the better deal, despite them both being the same. At the same time, we look at the rake and say that the 10% is better than the 20%, although again both end up equal.

So no matter how they have the rake/rakeback set up, there will always be people on both sides (liking/disliking).

Just can't get the logic of your statements (here and the other thread as well). All our critics (at least mine) is not about the numbers.
It was about the fact that, the rakeback and rewarding system and schedule is better to have a more logical continuous progression. Otherwise we all know that Seals rake/rakeback regime is too generous and better than most in industry even if there would have not been any rakeback given at all.