UB To lower revshare?

[Ridge]

I was digging through some emails, and see that UB is wanting to change revshare for all players from June 1st on , so that 40% is the Cap where previously 45% had been.

Anyone else see this? Dos UB just hate themselves? This is a company that:

Ripped off players
Lied to players
Still has not payed all players
Continues to have security issues
Continues to be ran by a crook(s)

What is wrong with this company? After all this, I still get players asking for deals there, and I have to make a living so I provide it. Now I'm close to done (please no morale lectures unless you are a saint) -

But I knwo this revshare change was right around the last T&C change which they decided against, so not sure if this is still valid or not.

[Beanie]

It's valid, you can see this difference in reporting now. TBH I don't really have a problem with it, sure it sucks but everyone is squeezing atm. It stands to reason that UB/AP is feeling the crunch most so this sort of makes sense to me.

[Ridge]

I can sorta agree that Ub/Ap are feeling the crunch. But for them its even worse because of all the shady BS they have allowed to happen. so they squeeze the few aff's that have stuck with them? That's classy!

Think about this, if not for the security issues, and poor decisions they continue to make, they could be putting serious pressure on FT and maybe even stars now. Instead they continue to look like fools and make everyone supporting them or promoting them feel like bigger fools.

[pokerprop]

When you're a fool it is okay to feel like a fool imo, though I could rethink it a little and argue that its okay to be a fool as long as you don't feel like one just the same.

Regarding the cut. I don't think this is the end of it. The way things are now 45% is too high, and this company is in massive debt that it would take them years to dig themselves out of. Nickel and Diming such as cutting affiliate revenue and moving super using to also span micro stakes now as opposed to later seems like a smart move. Keep in mind their security leak was just exposed and this has to have hurt the bottom line perhaps in more ways than one. Considering that I doubt they have unlimited monies to work with from a corporate stand point I don't find them cutting costs to be unreasonable in the current market.

[Ridge]

Ah lol - I'll leave that alone. I mean yeah I knwo some people think promoting UB/AP is the death of the industry and I'm a money hungry scumbag, but again unless your hands are clean fuck all that noise 'cause it doesn't matter. I mean we could all argue morales and common sense, and we would all be right.

I also just heard news from bodog, when it rains it pours

[pokerprop]

Agreed!

[MJ]

TBH I don't really have a problem with it

This has been your response to all three paycuts this summer, amazing!

[Beanie]

This has been your response to all three paycuts this summer, amazing!

So how has all the whining worked for everyone else? I am just a realist. In the case of Full Tilt though my reaction was for a different reason. I think if UB/AP is losing margin it makes sense that we should share some of that burden. I mean we are talking about 10% compared to 3%.

I think you guys are being unrealistic about the future of affiliate marketing. Besides, it isn't retroactive so for the most part it doesn't affect most people.

I have been a big part of affecting change on a lot of serious matters and I have been the first to call rooms out, including UB/AP.

In general though I do think there are times where we should be asked to tighten our belts but we should also support smaller rooms as competition to push the bigger rooms from just making changes at will.

And don't use an exclamation mark as if I am some shill with no basis for what I say.

[MJ]

Dont read into it too far, the only thing that gives me faith in this business to keep driving is that real performers seem unaffected probably for the same reasons you are able to shrug it off each time.

Agree wholeheartedly with the promoting smaller room comment - I need to get back to trying that myself.

[Ridge]

Well I think there is another issue here and its not that "oh times are tough we have to tighten up" I knwo all about hard times and being dirt poor. The big issue here is that this is a company that keeps shooting themselves in the foot time and time again. They continue to hurt their brand by allowing people to be cheated out of money.

So while I get the idea behind sharing costs what I don't like is to see a company run itself into the ground.

I don't consider my post "whining" either. As it is, I'm mostly unaffected by this, and in the scope of things I guess I really don't care. I'm just more amazed that it seems like every month UB/AP or one of the other top rooms are finding ways to minimize our partnerships.

Now I see an email from Bodog, which will do nothing but hurt the bodog brand. Let's be really, yeah its a good casino and sportsbook, but a shitty poker room. If I sign up a 100k a year raking player on the 31st, and he deposits on the 1st, they steal the player.

Now they want to limit their poker player base even more, how silly is that from a business perspective?? And yes I knwo about their brilliant plans of adding "skins" - We all can see how well that works for Cake and Merge brands right?

So I guess my post is more about business and common sense. I have worked in the corporate world for over a decade all with fortune 500 companies. I know how business works, and I know what sends a business on a down hill track that few recover from. So I guess I'm simply stunned when I see a million or billion dollar business mis-managed so completely.

Finally I'll say that I do not see an end to thew affiliate industry in sight, I don't think that at all. I do see a reduction in potential revenue, but that's ok because it will weed out the weak and make the strong stronger which mimics off-line business. We all need to be prepared to adapt and change with the market, or move on. Let's be honest, if we can make money in gaming, then you have the potential to live well the rest of your life in other markets.

So again, I'm just amazed and I actually feel sorry for some of these companies that are run by individuals who have found themselves in charge of a company with no real working knowledge of the market. It has to be tough, and it has to be stressful.

Without a doubt, PokerStars, Full Tilt, and Party Poker will continue to dominate the market and eventually buy-out or force out all other rooms that cannot adapt and find someone that understands the market to run their business.