MGR is known as Monthly Gross Revenue which is a ka net rake. This is the formula used by the game rooms for calculating the amount of your rakeback. For example if your MGR is $3,000 and your rakeback percentage is 30 then your rake back amount is $900. When your MGR is calculated some rooms decrease the amount of bonus earned by you whereas some rooms do not consider deducting bonus. Tournament fee is also dealt with in the same manner as that of bonus. Some houses follow different methods to calculate your earned share of rake.
Thursday, May 8, 2008
Calculation of MGR
Friday, April 25, 2008
India warns cricket cheerleaders
Indian police say the organisers of the new tournament transforming world cricket could be fined if cheerleaders are deemed to be dressed indecently.
The cheerleaders have been introduced into the Indian Premier League as part of moves to add glamour and entertainment to the game.
Some politicians say the cheerleaders are "vulgar and obscene".
Mumbai police say they will be checking that the cheerleaders' performances do not violate entertainment licences.
The cheerleading girls, wearing short skirts and low-cut tops, have been hired from around the world to perform during the matches which are also being heavily endorsed by leading Bollywood stars.
They include cheerleaders from the Washington Redskins.
'Lines of decency'
Thursday, April 24, 2008
NFL Cheerleaders, $1 Million Pay Shake Cricket: Andy Mukherjee
April 24 (Bloomberg) -- If you think ``getting Bangalored'' is still a metaphor for the loss of Western computer-software and network-maintenance jobs to cheaper workers in India, then you aren't following the Washington Redskins cheerleaders.
Twelve of the ``First Ladies of Football,'' as they like to call themselves, are in India's code-writing capital on work.
Yes, this is outsourcing in reverse; and no, India hasn't taken to playing American football. The National Football League in India refers to a domestic soccer competition; and even that has recently undergone a name change. The cheerleaders are supporting Royal Challengers Bangalore, one of the teams participating in India's newly born cricket league.
The Indian Premier League, a 44-day, 59-match annual fixture, has already emerged as one of the largest and most- promising new business opportunities in India in recent years.
Commentators have mostly focused on how lucrative the league is for the players and the Indian cricket board; cricket enthusiasts have considered the pros and cons of the game's condensed format: It finishes within three hours; a Test match, the classical version, can take five days.
More financially oriented analysts have wondered if it would make a profit for the owners of the teams, including billionaire industrialist Mukesh Ambani, spirits tycoon Vijay Mallya and Bollywood actor Shah Rukh Khan MoreDetails>>Saturday, April 12, 2008
County cricket is here to stay
While the rest of the world's best moonlight for their millions in the Indian Premier League, cricketers here stick diligently to their day job. The fortunate have a crack at Broadway, while here our lot perform repertory theatre in half-empty, draughty town halls.
Yes, that blessed anachronism of ours, the County Championship, is back on Wednesday; cloaked, as we all should by now be aware, by probably its darkest ever shadow.
It's enough to make one feel genuinely sorry for these chaps. But we shouldn't. They are not exactly put-upon. This is no longer a bad day job.
We already know that England's centrally contracted few can earn basic salaries of upwards of £400,000. And, among domestic county players, six-figure salaries are not uncommon. Those bubbling just below the £100,000 mark are positively plentiful.
This is, of course, no reason for exclusion from the Indian fun. Others are topping up already hefty wages. This is just a reality check amid the present hysteria. As is debunking the worst fears for county cricket right now. With the IPL due to begin two days after the championship, it is fast becoming fashionable to predict its total demise.More Details>>
Sunday, April 6, 2008
South Africa put on show of force to beat India
India Lose Second Test Match
Saturday, April 5, 2008
Cricket-Pakistan's Shoaib files appeal against ban
"I have filed my appeal and followed the procedures of the board. I have respect for the law and the board rules and the Chairman," Shoaib told reporters at the Gaddafi stadium in Lahore.
The PCB's chief operating officer Shafqat Naghmi told a press conference in Lahore that an appellate tribunal would be formed soon to hear the appeal.
"The tribunal will reach a decision based on facts not because of any politics," he said.
Shoaib's lawyer, Azeem Danyal, said the ban was illegal and unconstitutional and they were confident of having it removed.
"We have asked the board to give us a copy of the detailed judgement of the disciplinary committee by Monday after which we can prepare our case," he said.MORE DETAILS>>