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Don’t forget now, Blackjack Play needs to be included as well!!! This is house money that is also revenue which should be included in commission.
Good luck with this campaign guys.
sigh.gifHi Tovey,
I understand your point, but it’s important to make the distinction between rake and tournament fees. They aren’t quite the same.
Rake is the percentage of the pot collected from every hand in non-tournament play and tournament fees are the small fees added to the buy-in amount for tournaments.
For now UB doesn’t pay commission on tournament fees, as you know.
We will be amending the affiliate terms and conditions shortly to reflect the payout for Blackjack commission and yes, that will be paid retroactively.
Feel free to get in touch if you have any questions.
“UltimateBet derives revenue from players who establish real money accounts and play real money games. When a real money game is played, the house is paid rent for the table, commonly referred to as the ‘rake’ (rake is taken as a percentage of the amount of money played during a hand of poker).”
This sets out the priniciple that we are paid a commission based on what our players pay to play.
Whether their “rent for the table” is by actual rake fee or tournament fee is irrelevant.
Your agreement itself says that “rake” is just a term commonly used in the industry to call what the above is. Ie player fees to play.
Your agreement never said we weren’t paid for tournament fees and as this is in fact a very material perentage of earnings as others have posted on we are due this money.
Under any reasonable interpretation of your terms we are due (based on our volume) a percentage of all the profit from our players.
You are no more free to keep tournament fees all for yourself than you would be to start slot games and pay 0 affiliate commissions on these.
If I accepted your argument that just because it’s not rake you don’t have to pay then you wouldn’t owe us anything for blackjack or any other game you introduced.
So from a legal and just plain fairness point of view you still owe us and I repeat my request for back pay for affiliates.
Under any reasonable interpretation of your terms we are due (based on our volume) a percentage of all the profit from our players.
That’s the way it always has been in this business.
We work for free and don’t make a dime unless you make money off our labor.
It is only fair that you pay a percentage of the profits we generate for you.
Show me another sales force that works under such tenuous conditions, you guys have it made. No base income, no insurance, no retirement, no nothing. All we ask is that you share the money you make off our backs.
They certainly are not the only ones that do not pay tourney fees. Pacific, Bodog, Action Poker most Cryptos and some Tain skins do not pay them either. Here is a list of who does and do not.
http://www.rakerebatereview.com/onlinepokerrooms/compare.asp
I made it earlier this year so some might have changed. I’m not trying to defend them either. I think not paying out on blackjack is wrong. I’m no longer affiliated with the site I linked too. I hope mods are not offended. The site is essentially closed now.
danielb wrote:Hi Tovey,I understand your point, but it’s important to make the distinction between rake and tournament fees. They aren’t quite the same.
Rake is the percentage of the pot collected from every hand in non-tournament play and tournament fees are the small fees added to the buy-in amount for tournaments.
For now UB doesn’t pay commission on tournament fees, as you know.
We will be amending the affiliate terms and conditions shortly to reflect the payout for Blackjack commission and yes, that will be paid retroactively.
Feel free to get in touch if you have any questions.
This is good news. When will these payments be made?
Hi KeithF,
Hope you’ve been enjoying the holiday season!
We are still working things out with UB regarding Blackjack. Once things are finalized and we have a firm date, we’ll be sure to post it right away.
In the interim, if you have any other questions, please feel free to send me an email.
Thanks,
