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And a rat is caught eh ?
Don’t allow switching … simply encourage you to open a second account.What a CORRUPT development.
He should go – and RakeBreak.com should have their accounts closed if InterPoker.com is to survive as a reputable site for affiliates.
:beatup:It does ask thew question as to why?
I wonder if Rakebreak.com is taking a lessor overall percentage ?
Or whether by allowing rakeback Interpoker.com beleive that they’ll get a higher overall share of the poker market.Whatever … it stinks.
:nervous:I got this in a conversation with a poker CEO whose name and business I will not mention:
You know what – rake back is quite scary for the industry, at the moment only 10-15% of the players are affected by rakeback and others don’t care about it, but these 15% are high rollers and all pokerrooms want to have them , so they offer rake back, but in this process rakeback will speard across the industry and when it affects 50% of the players, the operators will get screwed with decreased revenue. Same for affs, affs who made 30% MGR will make 3%
At this point the rooms support the theft because it means retention of high rollers to them.
Micro has forbidden their rooms to use the word rakeback. I guess they figure it wont spread like fire then. They prefer the theft to public advertising because all they want is to sift the high rollers off without getting the playing public involved.
I am moderating a session on rakeback in Amsterdam. I would like any material like yours, Steve, to use, without names and businesses mentioned.
I am also meeting with several poker execs this time.
Most successful poker affiliates are very young and they are wildly successful for some six months or so. They recruit their friends and relatives and they recruit in universities and bars etc. Their sources are finite. The poker rooms have a new star affilate every month or so. There are some solid long term poker affs, but they don’t make the money that these young folks make. The rooms spoil them rotten too and give them whatever they want until their results fall off.
I am not going to invest too much in poker now, I think the true value of poker will surface in a few years. Then it will have a big shake out and after that it will make more sense to promote it heavily. I don’t think its going away, but this bubble will burst and a lot of the problem is the greed of both rooms and affs.
In my opinion, for long term retention and player base, the best people to sell poker to is the middle aged weekend player. They will continue to be there. The best rooms to promote are ones with solid bonuses.
Thanks for the posts BB1Webs and Dominque
Very informative. A quality thread.Am truely sorry that I will not be in Amsterdam to follow this …
but I only allow myself one trip to Europe a year and the Football World Cup finals in Germany (in June) are my first (and greatest) priority this year.
:colgate:I would like any material like yours, Steve, to use,
that’s about all I got right there Dom. But I think it suffices nicely to prove any points you may decided to try and drive home.
… quite frankly the damage to me has long been done and I’ve all but stopped promoting poker all together so I doubt I’ll pursue this further but i think if I was an aff who did make the majority of their money thru poker;… I’d be doing my homework to see just how many of these poker rooms are involved in such practices and then when you find out: act accordingly with your website.
Even if its a place that you’re currently making some money you should cut your losses now because to do this sort of thing so casually with so little incentive …. well it speaks volumes to me.
…. sigh. I’ve been trying and trying to get intercasino off the ground because I like the software and they were about the last Crypto I had any hope remaining of ever becoming a worthy partner but with this happening …
I just want to play devil’s advocate for a moment.
If I played a lot of poker, and I suddenly learned that I could get $500+ in rakeback per month, as a player I would certainly want that money. If the poker room where I played told me there is nothing I could do because I had already signed up through an affiliate then I would stop playing at that poker room.
I don’t know what the answer is. Maybe the poker room should give the rakeback to the player and give a smaller % to his original affiliate.
good point.
further it puts us affs in a bad light because then the player is going to hold it against you for having put them in that position.
Its really the poker rooms fault for ever allowing this debacle to get started in the first place but that’s crying about spilt milk at this point.
I think you have a good point about letting the original aff have the difference because I’d almost bet anything that the poker rooms have to be working with the rakeback sites in order to keep the tracking accurate.
which means that the poker rooms are set up so that we all could offer rakebacks if they’d just make the small effort to do right by the people that did right by them in the beginning and make this available to us.
I realize that this is not the popular consensus among most here, but this situation just screams CPA to me. Only promote poker programs that offer a hogh enough CPA that you can live with, collect your money up front, and then it is the poker room that takes a screwing when they have the player switch to a rakeback deal.
Your player values on revshare are low because the heavy players are playing for rakeback on somebody elses tracker.
And I have read the stuff about how one side always gets screwed in a CPA deal, but to me, I don’t really care which side gets screwed. I find a CPA I am happy with and don’t think about it again.
All that being said, most of my poker trackers are on revshare, but I have considered the above and plan to slowly switch to a CPA model.
Cpa sucks for casinos. BUT for Poker it’s not a bad idea due to Rakeback.
When Rakeback really caught on I saw my affiliate earnings plunge by 60 percent over the course of three months. I always target high rollers and as a result I had a higher percentage of targeted players. I have since decided to refocus my efforts more on Casinos and demphasize poker until this rakeback issue gets cleared up.
great article!
Maybe we should do an audit on all the approved programs and see what response they send back as a response.
I am 90% poker and still growing nicely, although i do not target high rollers.
