Rolled On The River

Editorial note: As the owners of CaptureRake both Johnny and I are particularly biased in writing this entry. That said I think the content speaks for itself and that bringing this to everybodys attention is important.

This morning Poker Affiliate Solutions posted the following on Poker Affiliate Listings:

We have been informed by Full Tilt management that beginning March 1st, commissions for all rakeback affiliates will be set at 3%.

This change will not be retroactive and will only affect the commission on players who sign up starting March 1st. Players will still be paid 27% rakeback.

As we learn more from Full Tilt about this change and its impact on Poker Affiliates, we will post updates.

Tony Guerrero

Poker Affiliate Solutions

If true (and based on the reputation of the poster this is very likely) – what does this actually mean? Primarily – less money for affiliates. Understandably FullTilt affiliates have for some time been receiving a rather hefty commission on your signups (most rakeback affiliates currently receive 35% of your MGR and pay you 27%). This extra money goes towards rake races, support and in some cases sub-affiliates.

This change, although not retroactive creates a situation that makes it near impossible for sub-affiliates to exist (the margins would be too low on new signups), a reduction on the payout for rake races and a far less active affiliate community (which may or may not have an affect on the size of the player pool).

At this point in time nothing is completely verified but should we get first hand news or anything further then I will update this post.

If you’d like to view the original forum post click here.
To view the associated TwoPlusTwo thread click here.

One of the handier tricks with Hold’em Manager that I like to utilize is custom statistics. Using these you can add various values to your reports, one of which is rakeback.

For example:

Adding this to your reports is relatively simple. First, locate the file customstats.txt – It can be found in your Hold’em Manager reports folder (typically C:\Program Files\RVG Software\Holdem Manager\Reports). If the file doesn’t exist then create it in this location.

Once you have the file open you want to add the following information to it:

<stat GroupName="Default" ColumnName="FTP Rakeback" ValueExpressions="Sum(PH.RakeAmount)/100.0*0.27 as FTPRakeBackAmount" Evaluate="FTPRakeBackAmount" ColumnHeader="FTPRakeback" ColumnFormat="$0.00" ColumnWidth="*" Tooltip="FTP Rakeback based on 27%" />

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Please note this article mostly covers the Rakeback’s inner workings. To find out more about signing up for Rakeback, vist: http://rakeback.cardrunners.com

As you may already be aware, online poker rooms take a small portion of each pot to finance their operations. This is referred to as the ‘rake’. Rakeback is a portion of this that you, as a consumer, can claim back through an affiliate. Essentially, the affiliate receives a portion of the rake for referring you to the poker room, and then affiliates that offer rakeback push a generous portion of this to you, the consumer.

Unfortunately, because rakeback is managed through affiliates, it is only open to new accounts (existing accounts cannot be tied to a new affiliate, since that would prevent your original affiliate from receiving the income it already does from your play).

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