You guys act like someting like this is our call.
This is Ralph how may I help you:
Player ABXXX: Yes please, one of the mods at The Rx says it's a good idea for books to offer interest on player balances so I would like to withdraw my interest by bankwire today.
Ralph: Sure if a mod says so then it must be legit, let me calculate your interest earned and we will fire a wire out your way pronto.
Actually what you are talking about is not far off then the old 5% of yearly losses rebate some books used to and some maybe still do give out.
Seriously..
I can see giving say 4% annual interest on acounts that maintain an average daily cash balance of say 10K for a calander year provided the account plays at least 10% of their balance on average daily for the same calandar year.
Im just spitballing here but something along those lines might just be feasable given the high cost of moving funds these days. Then again I am no finance major.
wil..
This is Ralph how may I help you:
Player ABXXX: Yes please, one of the mods at The Rx says it's a good idea for books to offer interest on player balances so I would like to withdraw my interest by bankwire today.
Ralph: Sure if a mod says so then it must be legit, let me calculate your interest earned and we will fire a wire out your way pronto.
Actually what you are talking about is not far off then the old 5% of yearly losses rebate some books used to and some maybe still do give out.
Seriously..
I can see giving say 4% annual interest on acounts that maintain an average daily cash balance of say 10K for a calander year provided the account plays at least 10% of their balance on average daily for the same calandar year.
Im just spitballing here but something along those lines might just be feasable given the high cost of moving funds these days. Then again I am no finance major.
wil..
