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-   -   If a Party affiliate rakeback % seems to good to be true.... (http://archives2.twoplustwo.com/showthread.php?t=354433)

Daliman 10-10-2005 11:41 AM

If a Party affiliate rakeback % seems to good to be true....
 
Ok, a player I know from these boards last night said that he just got hooked up with 35% back on Party, with daily cashouts. I asked him how this was possible, since I happen to know for a fact that 30% is the cap for PP, and he said that the guy told him he also gets a flat $100 for each sign up. Now, I do know that party gives sign up incentives to their affiliates, but I also know that $100 per is not NEAR enough to cover the extra 5% they are giving away, not to mention the fact that they'd have no revenue stream of their own. These will run/work for a little while, then pack up shop, hoping that many will just continue playing on that PP account. Get out now if you can

Those of you still wondering how they are doing it then, google "Ponzi Scheme". And don't get any funny ideas...

P.S. Crossposted in a couple forums, as I don't like seeing anyone get screwed.

busguy 10-10-2005 12:46 PM

Re: If a Party affiliate rakeback % seems to good to be true....
 
[ QUOTE ]
since I happen to know for a fact that 30% is the cap for PP

[/ QUOTE ]

you might want to check your "fact" source . . . cause the biggest affiliates definitely get a fair bit more than this . . . . and that IS a fact.

The rest of your message is right on the money though. Be cautious for sure.

stocktrader23 10-10-2005 02:16 PM

Re: If a Party affiliate rakeback % seems to good to be true....
 
The fine print on some of the rakeback places I read before said you got 35% "of what they receive". Get raked for $100 and get $35 back. Beautiful. [img]/images/graemlins/grin.gif[/img]

10-11-2005 04:35 AM

Re: If a Party affiliate rakeback % seems to good to be true....
 
If your "affiliate" gives you this story, run, don't walk, away. This is exactly the spin I was given before a previous affiliate ripped me off. If it sounds to good to be true (and this does), it is.


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