Dear Cake Poker Affiliate,
Up to this point in time we have been fortunate enough to be able to
absorb all our player’s processing fees as described below in
item #3. As we strive to maintain our position in the market we are
now forced to start deducting deposting fees as of December 1st,
2007.
Please note that CakePoker’s affiliate agreement states that we
calculate the “Net Generated Revenue” as the sum total of
all associated rakes* and tournament fees that your real money
players generate in a calendar month. From this we deduct
“Costs” which include:
1. Any fraud attributed monies.
2. Transactions that are reversed on our behalf or that of the
card-holder’s bank (called ‘charge backs&rsquo
.
3. Processing charges with regard to your real money player’s
real money transactions.
4. Any revenue deemed ‘uncollectible’ by us that was
attributed to your real money players.
5. Any monies paid on our behalf to your real money player to resolve
a dispute
*Associated Rake refers to the rake we attribute to real money
players who were dealt cards at the beginning of the hand, regardless
of their contribution to the pot. As an example: If a table has 10
players where some players fold without contributing anything to the
pot but the rake is still paid for this hand (say it’s $2 for
this instance), all players would have an associated rake $0.20. The
equation is:
Associated Rake = (rake for the hand) / (number of players dealt
cards in that hand).
Commission = [Commission percentage * (Associated Rake + Tournament
fees - Costs)]
In an effort to provide more accurate and transparent affiliate
reporting CakePoker is changing the way we display your NGR in your
affiliate account. Currently, our affiliate reporting does not show
your player’s deductions. As of December 1st, 2007, we will be
updating our reporting to show all player deductions.
There will be three new columns added:
1) Promotional Items
2) Deposit Bonuses
3) Deposit Fees
As always we appreciate all of our affiliate’s contributions to
our continued growth. We consider our affiliates to be our business
partners and an integral part of our success. If you have any
questions or concerns please feel free to contact
any time.
CakePoker.com Affiliate Team