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  #1  
Old 01-12-2005, 11:42 AM
pipes pipes is offline
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Posts: 105
Default Compensation for Poker Book Authors

Just curious, but would anyone have an educated guess
about how well they are compensated? (Although I'm sure
there are folks on here with more than an educated guess...lol)

For this question, we can focus on non 2+2 books.

What about a popular non 2+2 book like WWLLH by Jones? Or maybe a more obscure one like Winning Omaha Hi/Lo by Capelletti?
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  #2  
Old 01-12-2005, 03:01 PM
benfranklin benfranklin is offline
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Posts: 155
Default Re: Compensation for Poker Book Authors

The standard practice in the publishing industry is to pay authors royalties, a percentage based on sales. There are general guidelines, but each agreement can be different. Certainly, an established author will get a better deal than a first-timer. In the olden days, a best-selling novelist would get 15% of cover price on actual books sold. The percentage would be less, say 7.5% to 10%, on the paperback edition.

Details vary greatly. Traditionally, royalties were based on cover price, but in an age of heavy discounting, the movement is toward something like a percentage of the publisher's wholesale price.

Also, authors are generally given an advance against royalties. They get nothing additional until the earned royalties reach the amount of the advance, then the author starts getting additional payments. If they never get that high, then the author gets to keep the advance and doesn't get anything else.

People like Hillary Clinton get huge advances, and it is unlikely that her book will ever sell enough to "earn out". She keeps the advance, and the publisher is happy with the publicity. A good author with a first-time book might get a $5000 advance from a big publisher, or nothing from a small one, and have to earn all of his royalties. It's all negotiable.
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  #3  
Old 01-12-2005, 03:25 PM
Mason Malmuth Mason Malmuth is offline
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Location: Nevada
Posts: 1,831
Default Re: Compensation for Poker Book Authors

Hi Ben:
We pay much better royalties than the industry standard. We also do not pay advances.

For those of you out there who are interested in writing a book for us, we need to see a completed manuscript before we can make a decision.

Best wishes,
Mason
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  #4  
Old 01-12-2005, 03:38 PM
AngryCola AngryCola is offline
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Location: Wichita
Posts: 999
Default Re: Compensation for Poker Book Authors

[ QUOTE ]
For those of you out there who are interested in writing a book for us, we need to see a completed manuscript before we can make a decision.

[/ QUOTE ]

Damn.
I was hoping to get some money up front for my book idea:

The Fundamentals of the 2+2 Forums and Other Topics
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  #5  
Old 01-12-2005, 04:27 PM
jakethebake jakethebake is offline
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Join Date: Feb 2004
Posts: 9
Default Re: Compensation for Poker Book Authors

[ QUOTE ]
Damn.
I was hoping to get some money up front for my book idea:

The Fundamentals of the 2+2 Forums and Other Topics

[/ QUOTE ]

My idea was:

ThaSaltCracka Story: On the Road to 10,000 Posts
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  #6  
Old 01-12-2005, 04:30 PM
AngryCola AngryCola is offline
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Join Date: Sep 2004
Location: Wichita
Posts: 999
Default Re: Compensation for Poker Book Authors

[ QUOTE ]
My idea was:

TheSaltCracka Story: On the Road to 10,000 Posts

[/ QUOTE ]

It will never work.
Where's the audience for such a book?
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  #7  
Old 01-12-2005, 04:49 PM
benfranklin benfranklin is offline
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Posts: 155
Default Re: Compensation for Poker Book Authors

[ QUOTE ]
[ QUOTE ]
My idea was:

TheSaltCracka Story: On the Road to 10,000 Posts

[/ QUOTE ]

It will never work.
Where's the audience for such a book?

[/ QUOTE ]

Judging by the recent enthusiastic posts of his fan club, all 8 of them would buy about 100 copies each.
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  #8  
Old 01-12-2005, 04:51 PM
AngryCola AngryCola is offline
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Join Date: Sep 2004
Location: Wichita
Posts: 999
Default Re: Compensation for Poker Book Authors

[ QUOTE ]
Judging by the recent enthusiastic posts of his fan club

[/ QUOTE ]

I was one of them. So was El Diablo.

I still like my book idea better. [img]/images/graemlins/grin.gif[/img]
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  #9  
Old 01-12-2005, 05:20 PM
jakethebake jakethebake is offline
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Join Date: Feb 2004
Posts: 9
Default Re: Compensation for Poker Book Authors

[ QUOTE ]
Judging by the recent enthusiastic posts of his fan club, all 8 of them would buy about 100 copies each.

[/ QUOTE ]
His 10K thread did get 1400+ views & 80+ responses pretty quickly. [img]/images/graemlins/grin.gif[/img]
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  #10  
Old 01-12-2005, 07:40 PM
yeltzen yeltzen is offline
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Posts: 127
Default Re: Compensation for Poker Book Authors

Do you and your boys destroy the reputation of competing authors from other publishing companies for free, or is the charge taken out of the royalties?
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