Saturday, April 24, 2010

How to Calculate Commissions

In poker especially with Bodog, there are two commission options. First is $100 for every depositing account. It is when you earn $100 as per player who joins Bodog. Second, 25% to 40% of net revenues. From poker room, casino, sportsbook, and racebook, you will have 250% to $40 of its net revenue garnered each month.

For poker wages, sportsbook and casino, the net revenue is computed based on the gross revenue minus complimentary money, charge backs, other incentives and free money being offered to customers.

Meanwhile, for poker, computation for net revenue is considered as the overall total of the players' contribution to “rakes” while playing in the poker room, minus charge backs, any credits such as promotional amounts or bonus, or noncollectable revenue credited to the player.

Finally, for racebook, calculation of net revenue is based on the total gross money produced from the customers minus the money paid to customers as licensing fees, winnings, bonuses, charge backs, incentives and frauds.

No comments: