Full tilt percentage revenue plan (PRP) Questions

[RodgerBrulotte]

Hi guys,

I am going to start a rakeback site and was wondering if anyone ever negotiated a better Full tilt PRP than the one actually proposed on Fulltilt.com. I have made quick calculations and according to this PRP, a rakeback site offering 27% needs to generate at least 50,000$ MGR/month to start earning money...

Also, do you know if Full tilt ask for financial guarantees when you start a rakeback site since at the begining the rakeback site will have to pay the difference between what FT give and what the rakeback site give to the players..?

Thanks,

[MJ]

Hi Rodger, if you are going to start a rakeback site without an established player base then you would likely be better off subbing under someone else, at least to start.

However that said - if you can show Full Tilt a viable business plan and a quality website, they will put you on an auto pay plan that means you won't have to pay your players yourself and eliminates the financial concerns of keeping a big enough bankroll to send out your payments. The autopay goes out to your players once a week, and you will start at a small % commission on top of the 27%.

There is pros and cons to subbing and being direct, depending on your own situation.

[RodgerBrulotte]

That's pretty encouraging, thanks for the info.