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Old 01-10-2007, 01:51 PM
RakeAid.com RakeAid.com is offline
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Default Absolute switching to \'contributed method\' of rake calculation

[ QUOTE ]
Dear Affiliates,


Please be aware that starting February 1, 2007, Absolute Poker is going to be changing the way they calculate player rake to follow suit with industry standard. Absolute Poker will be calculating rake based on the t_rake method or what is known as the contribution method.

Please note that this will be included in our Terms and Conditions:

2.6 "Net Revenue" is calculated as the sum total of all Players' rake contribution and tournament fees generated at Our Site less any credits, bonus or promotional amounts given to Players, processing charges and any other uncollectible revenue, as well as rake contributions by prop players. With the t_rake method (contribution method) a player only generates rake when they actually contribute money to the pot.

An example of this would be:

If a player contributes $2 to a $10 pot, and AP collects $0.50 as rake from that pot, then t_rake = ($0.50 x $2) / $10 = $0.10

The player gets allocated the weighted proportion of the pot that you contributed.

Please email us at affiliates@absolutepoker.com with any questions or concerns you may have about this.


Regards,


Team Absolute
Affiliate Relations Department
affiliates@absolutepoker.com

[/ QUOTE ]
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