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Feedback and Feature Requests: Feature Request: Rakeback for existing players

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    Rakeback shouldn't just be for the players who knew of it when they signed up. I think it's very unfair to only allow some people to get this bonus, but then deny it to everyone else. People should be able to close their existing account and once completely closed, open a new account with rakeback. If FTP wants to attract more players and keep their current ones, they need to allow existing players to get rakeback. I think everyone without rakeback experiences frustration at not being able to get it. It's extremely helpful in building a bankroll.

    FTP community, please voice your opinion on the topic. It's the only way to make change happen.

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      CommentAuthorP Dawgy
    • CommentTimeJan 13th 2008
     

    I don't buy the crap about they don't pay rakeback. They pay a commission to the affiliate and then facilitate that affiliate depositing the rakeback money back to the player. It all just semantics.

    I don't see them doing anything to stop the practice, and by making the program possible they are endorsing it. It's obviously been a great way for them to attract players.

    I agree that they are screwing their existing players that signed up prior to this whole rakeback boom, or who just weren't aware of the programs. It's amazing that they treat their affiliates more like customers than the players actually depositing the money.

    My affiliate made a one time fee for signing me up, so now all the rake I generate goes to FT. Their refusal to allow me to close this account and create a new one, or convert the account is purely a financial one. Many of us signed up through affiliates who aren't receiving a penny from our play, so converting our accounts would hurt no one but FT. Either way I am the customer here, so why is someone else controlling my account.

    The bottom line is they are allowing one customer to be treated vastly different than another. For this reason, I pulled my money off a few months ago and decided to play at Stars and Bodog where the practice of rakeback is not allowed. I had existing accounts at UB and AP and I couldn't get rakeback on those sites either, so I decided to boycott them all.

    It's a real shame. FT was by far my favorite room and was getting all my play, but I don't feel like the company gives a damn about the players that helped get them to where they are today.

    Unfortunately until the practice changes ALL of my rake will be going elsewhere.

  3. 728x890_us
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      CommentAuthorP Dawgy
    • CommentTimeJan 13th 2008
     

    My point is the payments are facilitated by , and they have no problem with affiliates freely advertising the rakeback which is curiously always set at 27%.

    I'm not here to defend Bodog, but what I found was none of the affiliates are currently able to offer rakeback or they obviously would. It does look like they tried it in the past, but retracted the offer. Probably for some of the reasons expressed here. There is no offer of rakeback at Stars, so obviously their contract prohibits the practice or some of the affiliates would have started offering it by now. So ultimately, it's the room that controls the offer or you would see rakeback available on every site with varying percentages.

    If you got rakeback, more power to you. I would encourage any new player to sign up through one of these programs. I feel sorry for you if you don't. I just think it's wrong to tell the players who have been with you from the beginning that they are out of luck. Sorry, but you clicked the wrong link 3 years ago, so we can't allow you to take advantage of that program.

    Once you allow a group of customers to get a 27% discount (no matter what your business), you should expect that the rest of your customers will want the same deal. Why wouldn't they?

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      CommentAuthorMarkGreb
    • CommentTimeJan 13th 2008
     

    Problem is is not the one paying rakeback.

    The affiliates pay rakeback out of their profits from getting you to sign up through their links.

    Should penalize affiliates who don't give rakeback but get people to sign up according to the T&C of the affiliate program?

    FYI I don't have rakeback.

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      CommentAuthorIBangYou
    • CommentTimeJan 13th 2008
     

    But it's more sensible from their point of view for you to take your rake elsewhere than to give you your rakeback and have to give it to every other player who doesn't get it....

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      CommentAuthorP Dawgy
    • CommentTimeJan 13th 2008
     

    I don't honestly expect anything. You're right. Why would an affiliate want to freely give up money they didn't have to. But as a player, who is the affiliate to me? That's an advertising arrangement between FT and whoever placed the banner I clicked on. It's no different than Ford placing a billboard along the highway. Only in this case one customer gets a lifelong break based on which billboard they responded too. That's the injustice of it. I could care less about whose deposit bonus was bigger, but rakeback can add up to some serious money month after month after month.

    I'm not stupid though. This won't change. It's obvious the affiliates are the real customers here, just like your post points out. Everyone that defends the practice always brings up the affiliate. Most businesses wouldn't survive if they only catered to their salesmen and said "tough break" to their customers, but such is . Every room has taken the same position.

    As the little guy in this scenario all I can do is take my rake elsewhere. It seems to me that a smaller percentage of something would be better than 45% of nothing, but hey what do I know.

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    Very belated reply, but...

    I had a bad year last year, my account is pretty low, and I will likely miss my ironman chip this month. All this has me pretty blue. When I crunched the numbers, I would have done okay last year with rakeback. All this leads me to believe it is about time to cash out my FT account and go to a site that will give me rakeback. If I could get it here, I'd definitely stay.

    I think FT should have a mechanism, maybe once a year, that allowed people who were taking this seriously to change affiliates or add rakeback in someway. This would allow players like me, who started at FT and didn't know the ropes at the time to stay at the site we love.

    I may not switch this month, but its coming. If my calculations are right, that will lose FT and whomever my affiliate is a good chunk of change each year.

    Hears to hoping something changes! <glug, glug, glug, glug>

    Eric

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    I understand FTP is a business, and it actually makes business sense to give away rakeback. Even when FTP gives back part of the rake it makes, it's still left with profit. More people will play here if they can get rakeback, thus generating more profit despite giving rakeback. If FTP wants to keep 100% of the rake, then fine, but I believe that 100% of the current amount of rake is less than the amount of rake that FTP would make if it kept its current players playing here more often. How many of you have left this site because you can't get rakeback here? Doesn't FTP want you back?

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    If you read this thread and think you deserve rakeback, please add a reply. Showing that more people want rakeback is the only way to get FTP's attention.

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      CommentAuthorwarnaldo
    • CommentTimeFeb 21st 2008
     

    F.Y.I Bodog does allow some affiliates to give rakeback. Also, if you cruise the forum, you'll find a thread that discusses a possible rakeback set-up for players who have existing accounts, but did not sign up through an affiliate.

    lol@ everyone who thinks they are "Getting screwed". This is the roll you play here...

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      CommentAuthortenn_tim
    • CommentTimeFeb 21st 2008
     

    I really don't think that cares. There is more then one player on this site that can't get if for one reason or the other. The best answer is, if your playing enought where your missing out on something beacuse you don't get rakeback, then just play on a site that gives it to you. There is more then one of us that do that. It's not like this is the ONLY site. I myself play on five different sites.

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    i would like to request that anyone who started earning (working) their own money AFTER the price of a whopper went up from 99 cents should only have to pay 99 cents. this is not fair. all those people got to pay 99 cents and i gotta pay $3.75? weak.

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      CommentAuthorManilaDog
    • CommentTimeFeb 21st 2008
     

    It doesnt matter if you dont buy what is the truth.

    The referring site is the one that pays you the rake back....its very simple. Im sure they have contracts.

    If Ft starts to offer it themselves they have violated the contract I would bet.the problem also comes IF they did.....how many sites would then claim that the player receiving it directly from Ft , that player first saw about FT on their site and asked for their cut .

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      CommentAuthorwarnaldo
    • CommentTimeFeb 21st 2008
     

    cannot force your affiliate to start giving up the majority of their revenue from you. Do you honestly think that an affiliate who is getting 45% of your rake is going to just decide to give up 27%?

    If starts allowing players to switch affiliates it will pretty much collapse the affiliate industry.

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      CommentAuthorkazor
    • CommentTimeFeb 21st 2008
     

    They really should open it back up, especially for people who didnt sign up through any affiliate.

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    They should care about their customers.

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    Now why in the heck would do this? They are a place of business you know. It's the same thing as a car dealership. At the start of the year cars are really expensive. At the end of the year they become alot cheaper because they need to sell them. Well at first it was easy to get players to sign up to . was new to the internet and it was a brand new site. Now it isn't so easy. There aren't very many people who in the world who don't have an account. Sooooooo therefore they make a deal that is hard to refuse to the new player.

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      CommentAuthorkazor
    • CommentTimeFeb 21st 2008
     

    Not everyone signed up through and affiliate though. Some just went to the site on their own.

1 to 18 of 18

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Feature Request: Rakeback for existing players