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Pokerstars Partners updates terms, operational costs
TERMS SPIDERED ON AUGUST 15TH, 2011 08:28 AM
SUMMARY: Pokerstars has always had operational costs in their calculation for commissions, but now it is spelled out a bit more clearly.
TERMS UPDATE - COMMISSIONS CALCULATION
''Expenses'' shall mean freerolls, bonuses or promotional amounts given to the player, uncollectible revenues (including any charge-backs, payment reversals etc.), a fixed cost (representing the average redeem value of each FPP) designated by Rational to each FPP earned by a player, a fixed amount for legal, branding and operational costs, applicable gaming taxes or gaming duty payable by PokerStars (at the rate in force on the date of due payment), and/or reasonable payment processing services charges that are paid by Rational to third parties in respect of the player's deposits and cashouts.
SUMMARY: I am not a big fan of those adding taxes, license costs, and more to their commissions calculation. While this is just an update to clarify terms, it is still a program I would avoid due to excessive commissions reduction.
Pokerstars Partners updates terms, operational costs
TERMS SPIDERED ON AUGUST 15TH, 2011 08:28 AM
SUMMARY: Pokerstars has always had operational costs in their calculation for commissions, but now it is spelled out a bit more clearly.
''Expenses'' shall mean freerolls, bonuses or promotional amounts given to the player, uncollectible revenues (including any charge-backs, payment reversals etc.), a fixed cost (representing the average redeem value of each FPP) designated by Rational to each FPP earned by a player, a fixed amount for legal, branding and operational costs, applicable gaming taxes or gaming duty payable by PokerStars (at the rate in force on the date of due payment), and/or reasonable payment processing services charges that are paid by Rational to third parties in respect of the player's deposits and cashouts.
SUMMARY: I am not a big fan of those adding taxes, license costs, and more to their commissions calculation. While this is just an update to clarify terms, it is still a program I would avoid due to excessive commissions reduction.
Pokerstars Partners updates terms, operational costs