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Old 04-13-2006, 11:51 PM
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Default Re: ReduceTheRake, How much do they owe you?

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That is awesome. You know he's lost a ton of cash from losing his Party deal. I'm guessing it was >50% of his total business (even after he lost his trackers).

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Unfortunately, paying 0% for 1 month more than makes up for losing out on the cuts he gets from future months.

How much does an affiliate get, 30%? Considering he's paying out 27%, he's taking 3%. Meaning he kept 10 months' worth of profit for February (plus whatever he got for March). Considering the odds of his out-of-control size lasting that long, that was obviously the best deal for him. Add in the time value of money and he got about a year's worth of income in February, plus whatever he got in March.

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You have to consider that he probably had people under his affiliate account that weren't getting rakeback. He loses all that revenue too. I hope it was a lot, personally. The guy's obviously a scumbag.
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