Quote:
Originally Posted by StopDroppinRollz
So here are my questions:
1. What is the role of an "agent" on poker bros? Is there any vetting process to ensure they can be trusted?
2. What is the role of the "club owner?" Does this person simply have access to all the money in their club?
3. What is the "union" and what is its role?
I will try to answer your first three questions:
1. You can think of an agent as an affiliate marketer, but more involved. Their role is to bring new players into the club(s) for which they agent, and manage and offer customer support to these players, in exchange for a % of the fees that their players generate. It is up to the player to decide for themselves whether they believe their agent is trustworthy. Some clubs will only accept agents they believe are trustworthy, but you can't rely on that. AFAIK, Facebook does not vet agents (or any small businesses that run FB ads) for trustworthiness.
2. A club owner owns and operates one or more clubs, each one either within a specific union, or a smaller private club. There is more accounting and work involved in this, as they have to: deal with union heads, communicate with other clubs, manage their own agents as well as their own direct players (club owners can and often do function as agents as well), manage any support staff, and there are all sorts of various fees and structures/arrangements.
In general, a "random" club owner that operates a club in a large union can be trusted more than a "random" agent, because unions will generally not bring in clubs they do not trust (it's not easy to get your club into a big union). That said, there have been plenty of club owners who have scammed and stolen from people. Whether they "have access to all the money in their club" is not so simple... For instance, larger agents tend to operate on credit, so usually the agents will be holding their own players' deposits, and then the agent and club owner will settle up at the end of each week for the agent's players' wins or losses. Also calling the chips "money" is not entirely accurate for a variety of reasons. But the club owner can move the chips within their club around however they want.
3. A union is a collection of clubs which all share the same player pool/tables. Union heads charge each club a % of the fee they generate, in exchange for managing the union (cross-club settlements, running tables, providing liquidity, etc.), in addition to "eco taxes/rebates" which in short punishes winning clubs and rewards losing clubs, with the intent of keeping the ecosystem healthy and more sustainable.
Hope that helps some and feel free to PM me with any more questions.