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Old 10-03-2005, 11:19 PM
sublime sublime is offline
Senior Member
 
Join Date: Mar 2004
Location: Boston
Posts: 681
Default Re: Why all the secrecy here?

Basically all affiliates are making more than they deserve. Eventually more information will be known, but until then all of the affiliates will work hard to keep the secrets to themselves and attempt to make the most money that they can. I have a feeling there will be some drastic changes in how rakeback is handled in the future. There's too much money being made too easily with too many secrets.

There really are no secrets. You could find out all there is to know in a few hours if you were ambitious enough.

Here is the problem with discussing rakeback %'s in laymen's terms (hopefully).

Joe asks about various rakeback %'s that are given.

Tim responds that he gets X%, which happens to be more than Joe has been offered by the affiliates he has contacted. Joe then demands he gets AT LEAST that %. Of course he WILL get it from some affiliate. The problem with this is Tim doesn't tell Joe, that:

He is a pro who plays 30k hands a month and has either been with this affiliate for a long period of time OR was referred by another player to the affiliate under the assumption that he would get this %.

Even if Tim did tell Joe this info, Joe wouldn't care. He now has someone saying he gets a certain % on a massive internet forum and he will use that % as his bargaining chip, despite the fact that he plays 1/2 and generates a very small % of revenue.

Joe gets the deal he wants. Posts about it here and the affiliate he got it from, and BAM. A new market price is set, that really cant be met by the affiliates without slashing thier profit margin to a point where its not even feasible to operate. The affiliate then has to ask for more money, to whiche the poker room has to say FU. End of rakeback.

The above may seem far fetched to many, but its really not. I get requests from players that make no sense, INCLUDING asking for %'s that the affiliates dont even get themselves.

Now, you can argue about what the point of this forum is all you want and whether it serves a purpose etc. But complaining about %'s being discussed is futile, as it REALLY is in the players interest that it remain a private matter.
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