Hi All,
I have delayed writing this post for over 2 months to see if my anger would calm down over PokerstarsPartners. Sadly, it has not.
I don't quite know where to start: To give a brief summary, we have a Pokerstars tracker through Pokeraffiliatesolutions and have been promoting Pokerstars through them for almost a year now under revenue share. I have always been suspicious that pokerstars were seriously underpaying us, but I never had concrete proof since I didn't have stats from any/all of my players so it was impossible.
However, after a terrible month in June when our revenue was almost non-existant, I took the liberty to email some of the big players I believed were playing at pokerstars and the results were shocking:
For a fact I know we have 8-10 regular players on our pokerstars account, a number of them are big players I believe. These are the stats I got from the biggest player for his June play:
VPPs earnt = 339157
Assuming 6 VPPs = $1 rake (could even be 5.5 VPPs which would make rake earnt higher) then rake earnt by him is almost $57,000
I asked him how many bonuses he had purchased and the value amounted to $32k, so his MGR was around $25k.
After speaking to him again this month it turns out he has just reached supernova elite (which explains his insane VPP earnings).
So, you could imagine my disgust when comparing the $25k MGR from a single player (remember there are lots of other active accounts on this tracker) with our actual MGR from June: $3,118.60
Pokerstars are deducting almost 90% additional MGR of players net rake (rake - bonuses) which is ridiculous.
After long conversations with ryan from pokerstarspartners, he would give absolutely no further detail about the stats, constantly referring to a privacy policy that prevented him from discussing the player's stats.
So, one possible reason for this might be that the player was not tracked to our account? I asked the player to email pokerstars to see what affiliate account he was tracked to:
The 'Inthacup' account is PAS's account and psa2040 is our stars tracker, so this player is definately registered under us, which means that stars are just raping our revenue.Hello *****,
Thank you for contacting PokerStars and allowing us to be of assistance.
I can confirm that you are affiliated with the 'Inthacup' account, and the
promotional code used at the time was "psa2040".
If I can be of any further assistance, please do not hesitate to ask and
best of luck on the tables!
Regards,
Matthew
PokerStars Support Team
This huge drop in revenue coincidently (surely not a coincidence) happened when PokerstarsPartners announced that they were no longer paying new players under the PAS trackers, and that they wanted all affiliates to go directly through them. However, they would continue to pay affiliates for previous players that had been referred. Looking at stats for the last 6 months:
Feb 2010: $6,581.90
March 2010: $9,471.24
April 2010: $11,674.44
May 2010: $17,479.68
June 2010: $3,118.60 (Expected at least 32k)
July 2010: $2,283.84 (Expected at least 30k)
As you can see, our revenue was increasing as we referred more players and our players played more. Then suddenly the pokerstars/PAS situation happens in June and our revenue falls off the charts.
I also asked for the players stats for July, he earnt around 180k VPP and bought no bonuses, meaning his MGR should of been around 30k, yet the observed MGR is $2k.
So, there is absolutely nothing I can do as the affiliate managers at stars will just find any legal issue to avoid speaking about stats. It is also sickening to think the total amount that stars are taking from me, since these current figures are based on the play of 1 person alone. Furthermore, the arguement that other players may have purchased lots of bonuses in June, resulting in a low MGR is invalid, since the low MGR also continued into July. ALSO, PokerstarsPartners have confirmed that they do not deduct bonuses purchased from MGR, instead deducting a flat fee per FPP earnt. Taking this into account, it seems that stars are deducting 95% of a players rake as fees, which is absolutely mad.
All I can advise is not to promote Pokerstars on revenue share as they will just screw you over.
An angry affiliate.
Mike












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