FTP Affiliates Will Not Get Paid

FTP Affiliates Will Not Get Paid October 22, 2012 January 15, 2014 Tim Glocks https://www.poker-online.com/author/tim
Posted on  Oct 22, 2012 | Updated on  Jan 15, 2014 by Tim Glocks

According to Pokerfuse, old affiliates of Full Tilt Poker will not get their payments and accounts of players will not be tracked to them once Full Tilt Poker is up and running. Besides, Full Tilt Poker players, who also worked as affiliates, will not receive their affiliate payments; they can only withdraw their online poker deposits or use them to continue playing online poker at Full Tilt Poker.

The Rational Group, the online gambling company that owns PokerStars and recently acquired Full Tilt Poker, sent an email to all old Full Tilt Poker affiliates, in which it stated that it “did not assume any liabilities” of Full Tilt Poker other than refunding its international online poker players.

The email further states,

Therefore, previous contractual agreements that Full Tilt Poker may have had with affiliates were excluded. As such, The Rational Group is not liable and will not pay for any affiliate earnings.

When Full Tilt Poker is finally re-launched as a separate online poker brand for the European market on November 6, 2012, it will not have any affiliate system. Instead, its new owner will install a new affiliate system for it for the first quarter of the fiscal year 2013 – 14, and later this system will be integrated into the PokerStars affiliate system.

Affiliates will be paid commissions for referring potential players to an online poker site. In case of Full Tilt Poker, affiliates received a percentage of the rake generated by the referred player as long as he/she continued using his/her account. Full Tilt Poker affiliates made quite a lot of money because players wagered hundreds and thousands of dollars on online poker games and tournaments at Full Tilt Poker.

When Full Tilt Poker was shut down, it not only owned plenty of money to its online poker players worldwide, but also to its affiliates. Although nothing was known about exactly how much Full Tilt Poker owed its affiliates, PokerStrategy.com, FTP’s largest affiliate, sued the company for $1.2 million in August 2012. According to PokerStrategy.com, it used to refer as many as 30,000 new players every month to Full Tilt Poker.

Since the email specifically states that PokerStars settlement deal with the DoJ does not mention “previous contractual agreements,” it can be deduced that affiliates will lose contact with players they had referred to the online poker room, even if they continue to play at Full Tilt Poker.

Tim GlocksAuthor

Tim Glocks is a retired professor, he currently contributes to Poker-Online.com. Tim enjoys playing poker and has taken it up as a hobby since his retirement. He has taken part in many online tournaments and has become a veteran in a short space of time. Visit Tim’s google + page here