Rakeback on P5s Post

As far as I know there's no way to add rakeback to an existing accout. Is this true? Does anyone know if FTP would allow a termination of an account in order to make a new one with rakeback? Thanks for any help....

 As a side note, can someone please explain WHY older accounts cannot get setup with rakeback? All the old timers that were playing like 2 or 3 years ago get completely screwed through this.

This is mostly true, but missing some things.  It's a good start, and definitely useful

What follows is that not all affiliates are capable of giving legacy players rakeback.  Many affiliates are paid one time for new players they bring, rather than a lifetime % of that player's rake.  In those cases, it's not possible to pay players rakeback.

Also, affiliate relationships (by definition) exist solely between poker sites and affiliates, not between poker sites and players or between affiliates and players.  We'll call this Relationship 1, and the relationship is defined as such:

Party A (the poker website) has a need for new players.

Party B (the affiliate) has something to offer, such as traffic on their website, connections to poker players, etc.

Party A makes a contractual agreement with Party B to give them some form of compensation for new players who come in from Party B's trackers.

Now...

Some affiliates have expanded this agreement, generally by their own choice and out of a similar need as that of Party A.  We'll call this Relationship 2:

Party B has a need to get players playing under their tracker, in order to earn x% revenue sharing or a one time payment...

Party C (each individual player) is looking to join a poker site but isn't sure which to join or how they're going to sign up.

Party B makes a contractual agreement with Party C that if Party C signs up through the links on Party B's website, Party B will give Party C something of substance in return.  For instance, some websites (such as our free training program) offer some sort of one-time gift.  Others offer what we've all come to know as rakeback.

Relationship 2 doesn't really involve the poker site, although in today's climate, many poker sites help to facilitate this form of relationship.  The important thing to understand here is that Relationship 2 is a product being offered by affiliates (such as P5s), rather than by poker sites (such as Full Tilt Poker).  If the affiliate isn't getting paid for a player because that isn't a new player on a revenue sharing plan, then they in turn can't offer that player rakeback.  Full Tilt doesn't want to start paying some affiliate x% of a player's revenue when they already have that player signed up; they're only looking to pay affiliates for new players they brought in.

Autolobotomist:

What you should do is to email FTP support and ask to which affiliate your account is tagged. If it's tagged to a current rakeback provider then you can contact the support department of that site and ask to register your FTP screenname for rakeback. This is what happened to me. I had followed an affiliate's link to the FTP page, started playing and when I learned about rakeback I emailed the affiliate I went through and asked why I wasn't getting rakeback even though they are a site that exists solely for rakeback. I had never told them what my FTP screenname was so they had no idea what account to ship my rakeback to. they were even cool enough to give me a month of retroactive rakeback.

If you never followed a link to FTP.com from an affiliate site then your account is not "tagged". Your account is not associated with an affiliate and FTP is keeping all of your rake. If that's the case a rakeback affiliate can often have your account tagged to them after the fact and can get a cut of your rake and in turn will be willing to give you a cut of their cut. Additionally, on rare occasions FTP wil allow non-tagged accounts to be assigned on a mass basis. Ask about this if FTP support says your account is not tagged to an affiliate.

k thanks ill email ftp and see wuts up

Obviously I would like rakeback but have no recollection of which site I went through.  In all honesty it could have been p5s because I joined FTP after the UIGEA fiasco and was on these forums looking for help with the shenanigans at Pokerroom, but I went to several sites checking out which sites I could play back when I had a Mac.

Full Tilt's support, obviously happy to have jobs after they couldn't hold McDonald's jobs, has done a bangup job of sending me the same form letters over and over without answering my questions, inserting subtle insults but refusing repeatedly through some phantom arrangement with the rakeback sites to even answer the question of where I signed up to the site. 

Funny I even threatened to take my 30-40k of rake elsewhere every year and that didn't even faze their bullshit parade.  WTF can I do to stop being screwed by these idiots aside from move to stars?  I'm not the sort of person who could do the second account thing and sleep at night, so that's not an option.  Unfortunately, being possessed of morals tends to get you screwed by FTP.  I might have helped them uncover a ring of German SNG bots cheating the system, but if that wasn't deserving of a thank you or any other details of the investigation, it certainly wasn't deserving of allowing me to have my rakeback rather than giving it to some shadow company about whom they refuse to even divulge a name so i can push for the rakeback my self.

Help plz.

Zander,

I think your best option, if rakeback is a big concern, is to choose another site and be sure to sign up with rakeback.  Cake is a great option, or a skin of the Cake network.  There are a lot of cash tables going on all the time, and the promotions offered by sites like ours make it well worth it.

I wish I could give you some good news about FTP, but if there's some affiliate collecting a percentage of your rake, it's definitely not us.  We stopped signing up players on rev. sharing out of legal concerns back in mid-2006, and you said you've signed up at some point since the UIGEA.

It's a difficult situation for players such as yourself.  Full Tilt certainly doesn't want to lose your business, but they also don't want to lose the help of their affiliates, many of whom bring them huge amounts of new players.  It's in many ways a no-win situation for them.  In your case, though, it's quite possibly in your best interest to simply go with another poker site for the majority of your action.  There are several good choices, even for US players.

 I signed up with FTP literally the first months they were open and i signed up directly but yet they say i can not get rake back because i am assigned an affiliate .

I never visited any board, affiliate, site or anything that could possibly have cookied me to an affiliate sign up but yet still no rake back ....

What if those people who made a bonus account could forfeit iron man status, for rakeback, or opt out of the freeroll tourny and bonus medals and get rakeback from the month or something. I know i would def get iron-iron man if it meant i could get full rakeback. PLZ full tilt im begging do something

Sighs.....

 How about just making everyone, uh even old members, elegible for rakebake....end thread.

DaEmbezzler:

 How about just making everyone, uh even old members, elegible for rakebake....end thread.