Re: Pokershare
I don't understand why people never understood this.
When you play at Party Poker, you earn "player club" points. After accumulating a number of these points you can trade them in for wonderful prizes such as wool knit caps.
When you play(ed) at PokerShare you eared "share points". After accumulating a number of these points the idea was that you could trade them in for cash. The amount of that cash was to be determined every four months by the following formula:
((PokerShare Quartly profits X .40)) / Total Number of Share points awarded during the quarter) X Your number of share points.
You don't "own" shares in the company. You don't have voting rights. In other words, the "stock market" theme was their "gimmick". The company was basically just returning 40% of its profits to the players proportionally to how much you played there.
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