RakeReduction, why are you so cheap?

[William]

I asked FT about the deposit fees and they say they charge the affiliates around 3.3% of the deposit amount.
From what I can see, I am being charged by RR 100% of this fee, not only 27% as I thought it should be.

Can the RR man confirm this and maybe explain why in the case of this particular expense, players are charged 100% of the fee amount? Shouldn't we be "sahring" this expense with you as we "share" our RB?

Thx

[Majik]

They told you how it works in above posts.

They will deduct 100% of the fee from your MGR, which will in effect mean that you lose 27% of the total fee, in rakeback.

So if you have raked $100 your rb should be $27. If you however have an added $20 fee due to a deposit, your new raked amount would be $80 and you would receive $21.6. You lose $5.4, or 27% of $20.

And you DO "share" this fee with RR. Since their share of of money is obviously calculated directly from your rake (after fees have been deducted), they will also be losing money for your deposits. If your MGR is $80 instead of $100, they will be getting $1.6 less.

[William]

Ok, I can see now where my mistake was. As I read $20 as deposit fees, I assumed that RR had deducted that amount while in fact they have only deducted 27% of that. The $20 is just an information of what FT charges them.

Thank you for pointing this out (again) and to the RR man, please disregard my last post, everything is clear (and accounted for) now.

Thx.
W.

[MoistToes]

It works for me too - I never have to log-in with the password unless I delete cookies.

[gieffe]

so william, just for my understanding, are they still cheap or not?

if not, you should probably change the title of this thread. something like "rr, not so cheap after all"

[William]

I still think they should pay for the use of the FPP, but if you can change the title, you're welcome to do so.

[R*R]

I agree the title should be changed. Not only is rakereduction a well respected twoplustwo affiliate
but all of William's concerns have been addressed. It is completely unfair to RR for this title to be front page every day and I am sure RR does not want this to become their query thread. Given the above I think this thread should be locked.

[Ganjasaurus Rex]

[ QUOTE ]
I agree the title should be changed. Not only is rakereduction a well respected twoplustwo affiliate
but all of William's concerns have been addressed. It is completely unfair to RR for this title to be front page every day and I am sure RR does not want this to become their query thread. Given the above I think this thread should be locked.

[/ QUOTE ]

I, for one, am never going to use RR because the title of this thread has turned me against them!

[RakeReduction]

[ QUOTE ]


I, for one, am never going to use RR because the title of this thread has turned me against them!

[/ QUOTE ]

Me either! oh wait...

Yes I agree, the title should be changed [img]/images/graemlins/smile.gif[/img]

[KSOT]

Where can I find info about the Cake freerolls? I don't see anything on the home page.