this is dodgy right?

I'm confused about what he wants you to do. Deposit 1k, to get a 3k pending bonus. After playing 250 raked hands you cashout to a new epassport account that you are making? that belongs to him? that you already have? and then this processes the bonus? How much are you cashing out and when do you put it back into party? who's giving you the bonus? party or the affiliate? This whole thing makes zero sense to me.