Full Tilt processing fees

[Prenut]

To my knowledge, I have never had any processing fees for player deposits/withdrawals deducted from my revenue at Party. I know bonus monies are deducted which is perfectly fine. I made an inquiry to the Full Tilt team about processing fees, and this is what I received.

Hi xxxxxx,



All poker rooms deduct fees and bonuses from the total rake before calculating the percentage. Please visit our affiliate agreement for more details.



Here is the verbage from the Full Tilt affiliate agreement:



2.5. "Revenue" is calculated as the sum total of all Players' contribution to all "rakes" the Players were involved in while playing FullTiltPoker.com, plus the sum total of all tournament "fees" paid by Players for entering either multi-table tournaments or Sit 'n Go's (SNGs), less any credits, bonus or promotional amounts given to Players, processing charges, charge backs, or any un-collectable revenue attributable to the Player. Moreover, a Player's contribution to the "rakes" shall be determined as the quotient obtained when dividing the actual amount of each rake to which the Player had contributed divided by the total number of players at the table at the start of the hand. So, if the rake in a hand with six players at the table is three dollars ($3.00), each player's contribution to the rake will be fifty cents ($0.50).



Here is the verbage from Party Poker affiliate agreement:



2.7 "Gross Revenue" is calculated as the sum total of all Players' contribution to all "rakes" the Players contributed to while playing at the Website, less any credits, bonus or promotional amounts given to Players, processing charges, charge backs, and any other un-collectable revenue or deductions we are entitled to make in respect of that Player according to our Standard Terms and Conditions of Use. Moreover, a Player's contribution to the "rakes" shall be determined as the number obtained when dividing the actual amount of each rake to which the Player had contributed divided by the total number of players at the table at the start of the hand. So (for illustration purposes only and without limitation) if the rake in a hand with ten players at the table is three dollars ($3.00), each player's contribution to the rake will be thirty cents ($0.30).



Regards,



The Affiliate Team at Full Tilt Poker

End of mail

Does Full Tilt deduct alot for player fees for deposits/withdrawals? Has anyone ever had Party do something similar? Pokerroom deducted fees from me at first until I complained and they agreed to stop deducting them.

[kuzma]

ya party poker does deduct fee when u have real $ players signed up under MGR.

You must not have that many sign ups or your new.

common knowledge

[Prenut]

Like I said, to my knowledge I had never had processing fees deducted from my MGR at Party. I have about 150 people on MGR trackers there.

[adioking]

My conclusion is that Party Poker only charges processing fees when players deposit with companies that charge money, rather than IGMPay, which is free and exclusively run by Party Poker.

Kuzma, not a good idea to call him "new" when he has 25x more posts than you. Let's not make this a hate thread.

dAn

[corpfan1]

The Facts:


PARTY DOES NOT DEDUCT PROCESSING FEES.

FULL TILT DOES AND IT REALLY SUCKS AND WE NEED TO CHANGE IT.

I AM MAKING NEXT TO NOTHING ON MY BIG PLAYERS...BECAUSE THEY LOAD UP ON DEPOSITS AND THERE ARE OUTRAGEOUS FEES.



Now I wish I took the CPA deal there. You can't change that either.

[DirtyJohn]

Party Doesnt deduct any processing charges from affilaites. They would have told us in form of affilaite agreement if they had done so.

Party is still the best when it comes to professionally running an affiliate program. other Poker rooms are miles behind them before they even catch u p with Party leave alone going past them:-)

[Prenut]

I wish Full Tilt did not charge them. I think their site has great potential, but passing along processing fees to affiliates is the sole reason that I will not promote them right now. They seem to have patterned their affiliate agreement after Party's, and from the verbage I think they assumed that Party passes along these processing charges to affiliates. In fact, they even stated so in the email that they sent to me. Maybe they may consider a change if enough people email them about their concerns and also to inform them that Party does in fact NOT deduct processing fees.

[Georgia Poker]

You can email FT and they WILL change you to CPA if you wish.

[Beanie]

Whoever you promote you should promote because you think they will be one of the ones that lasts. So if you think FTP will end up being one of the ones standing around in the end. Promote them and don't sweat the small stuff.

[Prenut]

I agree Beanie- I just don't have any of my own data to know whether or not this is actually a small thing or a big thing. Would anyone else be willing to share how much their processing fees have been at Full Tilt in relation to revenue? Full Tilt has still not provided me with the exact formula that they use in calculating these processing fees.

I also think that is something that Full Tilt may be willing to change, provided they get constant feedback on it. They pretty much patterned their Affiliate program to be the same as Party Poker's. You will notice much of the agreement is the same, as are the MGR and CPA figures that they pay on. I know that they are under the impression that Party Poker hits affiliates for processing fees, when in fact Party does not do this. The verbage of the Party agreement would lead one to believe that they deduct these fees, but they do not. Would anyone else be willing to send a letter to the Full Tilt staff in regards to this?