PDA

View Full Version : I hear about a lot of "Free 50$ deals"

SaintAces
08-09-2004, 11:38 PM
for example, on recpoker there is a post offering free 50$. You don't even need to deposit. I don't understand how this could possibly turn anyone a profit. Why would they offer this.

I also remember the poster Inthacup offering something along these lines. I was just wondering what the basic idea / concept is.
Thythe
08-09-2004, 11:43 PM
If you get a solid 15/30 player under you in an affiliate program for life it will pay off well over $50. Consider it an investment.
Atropos
08-10-2004, 02:02 AM
Well, in the party affiliate program for example, the affiliate can choose to get 65$ from Party for getting a new affiliate, if they get more than 11 per month they even get 75$. So if they deposit 50$ for you they already have a guaranteed profit of 15$...
They can also take some risks and use the opion to get 20% from the monthly rake of their partners. This can be a real goldmine, like Thythe said.
marklipp
08-10-2004, 09:40 AM
OK, call me stupid, but if they have your account info -- what's stopping them from taking money out? There are two ads in the 2+2 classifieds right now that offer similar. it seems semi-shady. any help?
HU Champ
08-10-2004, 09:51 AM
[ QUOTE ]
the affiliate can choose to get 65$ from Party for getting a new affiliate, if they get more than 11 per month they even get 75$. So if they deposit 50$ for you they already have a guaranteed profit of 15$...

[/ QUOTE ]

actually, if you offer the free $50, you aren't allowed to take this affiliate option, you must take the 20% mgr.

Champ
HU Champ
08-10-2004, 09:55 AM
[ QUOTE ]
what's stopping them from taking money out?

[/ QUOTE ]

to make an account transfer, all I need is your account name and first and last name. never does the affiliate know your password unless you give it to them.

Champ
marklipp
08-10-2004, 10:11 AM
ok thanks. so neteller is basically like paypal.
Thythe
08-10-2004, 10:17 AM
[ QUOTE ]
ok thanks. so neteller is basically like paypal.

[/ QUOTE ]

Pretty much, but the transfer would probably occur in the Party Poker client, not from Neteller.
Flawed
08-10-2004, 10:25 AM
Post deleted by Mat Sklansky
Thythe
08-10-2004, 10:45 AM
haha, way to insert spam into this thread.
marklipp
08-10-2004, 11:50 AM
it all seems reasonable enough, so i guess the question is: why wouldn't someone who has never made a deposit go for these offers?
Thythe
08-10-2004, 11:54 AM
[ QUOTE ]
it all seems reasonable enough, so i guess the question is: why wouldn't someone who has never made a deposit go for these offers?

[/ QUOTE ]

Why would they want to when you can get 20% up to $100 bonus? If you have a limited bankroll then maybe you want just $50 or $75, but why not sign up with an affiliate who give both the $100 bonus offer AND rakeback like most affiliates do?
Frogger
08-10-2004, 11:58 AM
Basically, the affiliate who is offfering the 50$ is gambling that the person he gives the money too doesn't suck and will have their bankroll long enough to build it up to a high ammount, thus, creating rake rebate revenue in return.

The problem is that people can abuse this system and just steal the $50 instantly but that's a risk that the affiliate takes.
marklipp
08-10-2004, 01:36 PM
thythe: i absolutely agree with you. it's good for those with VERY limited $$ to start. thanks.
SaintAces
08-10-2004, 07:15 PM
?
akerman
08-11-2004, 11:28 AM
I can only agree to that it can be a gold mine if a player becomes a solid 15/30 player. But again its a big gamble and I think in a small time perspective the affiliate loses money. But over a year or two it could generate alot of money depending how many customer he/she signed up.