Hey roastbeef,
normally, the Free $50 transfer is done within 48 hours - often within the same day. But it depends - i.e. we need to do identity checks for some sign-ups as we sadly encounter a lot of fraud.
Regarding your compensation for referring a friend:
It's a tiered system based on StrategyPoints - and your friends gather StrategyPoints when playing on a tracked poker account, i.e. with their Free $50.
The first payment tier is 15 StrategyPoints, which equals $3 to $7.5 rake, depending on the room.
More info on our referral system:
http://www.pokerstrategy.com/tell-a-friend/
p.s.: maybe you want to have a look at this news - as it shows how you can easily advertise PokerStrategy.com with your tracking link by Facebook-sharing news/articles:
http://www.pokerstrategy.com/news/co...vailable_35791