Quote:
Originally Posted by Schwallie
Just fyi --
I've pointed out quite a bit that they don't make the percent. They have staff to give you good support, payouts, and incentives. Instead, they will cut all this. You will instead get FTP support for things, and almost no support from your affiliates. If you think FTP is going to give you more for your money than affiliates, think about supply and demand. FTP and Stars have a stranglehold on the poker market. They don't have a bunch of competition willing to take 1% to make anything they can. Both FTP and Stars will continue making billions.
Its funny that people are mad at affiliates for giving good service, and incentives above what FTP normally allows. Instead they would rather have the money go to FTP, who has horrible service and is a huge billion dollar company who is going to give far less return for the %. This 5% will simply disappear from the poker economy.
Are they cutting the percentage on existing players or only on new players?
Either way. I'm betting that there are a ton more players even among those having rakeback that aren't getting anything extra from their affiliate.
You say they give good service. Mine have a web page where I can follow my rake/rake back a day or two late. They pay it out every Friday. It should all be automated and cost them next to nothing. There are no freerolls, no rake races. No nothing. How could it be worse for me if FTP spends (some of) those 5% on a new internal rewardsprogram?
I'm sure there are some affiliates that actually give back close to five percent. It's just some of their players that benefit from that though. Everybody who's not playing enough to place in rake races get nada.
Are there 25 affiliates that have a rake race with 10 players getting payed at any giving moment? I have no idea but even that seems a lot. That's 250 players getting something extra. Everyone else are giving of their money to those.
Of course FTP might give absolutely nothing back to the players from those 5% but the timing with the coming update to their rewards system makes it highly likely that at least some of that revenue will be spread among a lot more than a few hundred players that now benefit.