#1
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Measuring risk/reward when choosing affliates
As this is a process we are all going through right now, I thought I'd take the time to put my thought process into computer type.
OK, what are the risks and rewards involved with affliate selection? Risks: 1. Affliate never pays you a dime. 2. Affliate gets disavowed by site. 3. Affliate quits after a while and your payments disappear into the nether. Reward: 1. Rakeback % Is there a way to diminish the risks? 1. Affliates who do not advertise are less likely to provoke the anger of the Site. 2. Bigger affliates are more likely to both pay and be around to pay in the future. 3. Transfers done on the site are more likely to be condoned by the site? Or are they more likely to arouse ire? Am I simply overthinking this? Is rakeback approved by the Site and therefore I should just go out and grab the best deal? I had thought that rakeback was both frowned on by party and kept on the DL outside of party. Thus, sites that spammed the tables were more at risk of being cutoff by party. Damn these complicated issues. I wish that party would make a statement. |
#2
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Re: Measuring risk/reward when choosing affliates
There's one more general class of risk that's very important to consider. Depending on how you create your account and how your affiliate does rakeback, there's probably a small (but non-zero) risk of breaking T&C's that allow party to close the account as fraudulent, including seizing existing funds.
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#3
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Re: Measuring risk/reward when choosing affliates
Another good reason to keep minimum funds in your poker site.
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#4
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Re: Measuring risk/reward when choosing affliates
Yeah, I don't even want to get into the possible implications of registering under a false name, but they don't stop with simply getting kicked off the site. You run the risk (albeit small one) of being charged with tax fraud. Even worse, if you use a family members name, you could create problems for them with the federal government. Again, probably a small risk, but one I'm unwilling to take.
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#5
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Re: Measuring risk/reward when choosing affliates
[ QUOTE ]
Yeah, I don't even want to get into the possible implications of registering under a false name, but they don't stop with simply getting kicked off the site. You run the risk (albeit small one) of being charged with tax fraud. [/ QUOTE ] It's only tax fraud if you don't pay. Nothing is stopping you from declaring income that was earned under a false name. |
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