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So let me get this right, you have signed up 200+ players by transfering money to there accounts, so you have paid these people to sign up? so you can get paid on the CPA deal?
Yeah, pretty much. By them signing up, I then transfer $50 to their account, thus it makes it a real money account. Then the poker room pays back the $75. I guess if I think about it, I’m doing pretty good, but just wondering if anyone else does the same and thinks I should be doing better.
My new manager told me I am making just enough $$ so that they can pay me.
That means that your CPA is equal to the lifetime profit per player the program can expect from the actual players you refer.
If they pay you anymore they will lose money, and they would of course rather lose you than lose money.
Dominique wrote:That means that your CPA is equal to the lifetime profit per player the program can expect from the actual players you refer.Alright, that part wasnt explained to me very clearly, so it kind of makes sense then.
That’s not a good idea legally. It’s bad enough getting money from the casinos, but paying money to customers to sign up is a little to rich for my blood.
I don’t think I would be posting this information myself.Forgive me if I’m wrong – it sounds like someone is getting ripped off but it isn’t you.
Your intentions may be honorable, but you are kinda committing fraud.
I think what you are doing is fraud and you are stealing from the poker/casino. They are the ones getting ripped off. These promos are designed to get real players and that is normally stated in the T & C’s. You are not in the promotion business you are plainly ripping them off.
Dom I am surprised you did not see it this way.
Brian
The program knows what he and others are doing. Tons of affiliates do the same thing with party poker which I am guessing he is doing the promotion with. It is a little sketchy though because I have heard of affiliates who had been giving out 50 and then party poker didn’t want to release the payment to them as their players weren’t brining enough money.
Fraud? How does everyone figure? You are brigning in new signups, and then allowing them to generate rake. It is a perfectly ligit business in my mind, but I am curious to why all of you say so.
mjlapoin wrote:Fraud? How does everyone figure? You are brigning in new signups, and then allowing them to generate rake. It is a perfectly ligit business in my mind, but I am curious to why all of you say so.Because you are paying people to sign up and this means that the players wouldn’t of signed up if you were not paying them so they are very low quality players.
cyclone wrote:Because you are paying people to sign up and this means that the players wouldn’t of signed up if you were not paying them so they are very low quality players.Agreed, they are very low quality players in general. However, the raked hand requirements before they are allowed to cash out are adjustable so the poker room can make a gain as well as the affiliate.
Fraud is a hard word – but dodgy and unprofitable would be accurate.
Quite simply your players are not worth $75 CPA – becuase they’re probably only interested in playing the $50 that you gave them.
Depending on the skills of the player that might generate as little as 5% of that total in rake (2.50) if they lost it quickly … but probably no more than $25 even with a very good player.
of course if your players are subsequently putting their own money in – and continuing to play then that is a very different story – and they may be profitable for the company …
But the impression I got was that they’re only playing the FREE $50 you put in their accounts ?
:bored:Paying $75 for a player that generates between $2.50 to $25.00 in rake is a losing proposition and I’d expect that one month you’ll simply be told that you’re not getting any CPA payment that month due to low quality players.
(and you’ll be out of pocket)
:nervous:Yes the method mentioned is quite popular at party poker. i discussed the same with my manager, trying to see if i could get more than their standard $75 CPA. He basically said, send the players, if they are good, we can discuss a higher CPA. I never bothered trying it, not worth $25 a player.
But if you tell the program what you’re doing and they accept it, there isn’t anything wrong with doing that from the affiliate/program point of view.
If you can convince them to go through the sign up process, why can’t you convince them to put $25 of their own money in to get $50 of your own money? I would rather them deposit their funds using their own bank account than an interaccount transfer. This way, they might stick around and play in the future.
If you keep on deposting for players you will see that most of them will lose the deposit and never re-deposit. The avg player rake for these types of players is not $75 or more, so sooner or later the affiliate program will cut you off.
You need to check with your AM and see what your player rake generated is compared to how much they have already paid you. If your players are playing a lot and re-depositing than you should be ok. If you player rake is low you better watch out….
