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byronkincaid
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« Reply #15 on: March 22, 2008, 07:33:15 AM » |
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$1000 bankroll to play 50c $1 is way too small imo
not if it's someone else's money |
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boldie
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« Reply #16 on: March 22, 2008, 12:14:18 PM » |
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$1000 bankroll to play 50c $1 is way too small imo
isn't it the same amount as DtD did for their trader scheme? |
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Give a man a gun and he can rob a bank, give a man a bank and he can rob the world.
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Gryff
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« Reply #17 on: March 22, 2008, 01:02:39 PM » |
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Isn't employing people to play on your own site a bit dubious? Presumably all this has to by payed for by the "mug" punters. Are these shills identifyable on the site? I think if I was playing against people payed by the owners of the site I would want to know who they are. Or better still go play on site that doesn't use such underhand methods.
A lot of sites use props ( a paid player ) the difference is they play off their own bankrolls, playing from the sites bankroll is indeed shilling. Its not so uncommon amongst smaller sites trying to generate more stable traffic so people are there to start games or prevent as many games from breaking. |
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M3boy
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« Reply #18 on: March 22, 2008, 02:45:30 PM » |
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$1000 bankroll to play 50c $1 is way too small imo
not if it's someone else's money It doesnt matter who's money it is for bankroll purposes. 10xbuyin just isnt enough Also, it is not just small sites that do this |
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RED-DOG
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« Reply #19 on: March 22, 2008, 02:58:29 PM » |
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Can I just ask, where does the "Getting paid to play" bit come in?
As far as I can see, they pay you nothing. They furnish you with a small amount of money to be used strictly as a tool for making them a profit and giving them your rakeback.
"Paying to play" seems a more apt title.
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The older I get, the better I was.
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Graham C
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« Reply #20 on: March 22, 2008, 03:32:20 PM » |
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It's not costing you anything, you use their bankroll and keep some of the profits.
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RED-DOG
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« Reply #21 on: March 22, 2008, 03:38:46 PM » |
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It's not costing you anything, you use their bankroll while you're winning and they keep some of your profits.
FYP |
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The older I get, the better I was.
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Moskvich
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« Reply #22 on: March 22, 2008, 03:39:27 PM » |
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Can I just ask, where does the "Getting paid to play" bit come in?
As far as I can see, they pay you nothing. They furnish you with a small amount of money to be used strictly as a tool for making them a profit and giving them your rakeback.
"Paying to play" seems a more apt title.
Well, if they give you £100 a week and if playing can't cost you any money, then they're paying you to play, no? I guess you're really just getting rakeback at 25-30% or whatever. But in this case it's a guaranteed income, whereas normally you'd have to break even to make that as profit. |
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Graham C
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« Reply #23 on: March 22, 2008, 03:42:04 PM » |
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I quite agree with you, it's not a scheme I'd partake in, mainly because if I was confident that I was a decent winning NL100 player, why wouldn't I want to use my own money and keep all profits plus any rakeback or loyalty bonuses. Perhaps I should call them  |
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AceofWands
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« Reply #24 on: March 22, 2008, 03:54:14 PM » |
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The "wage" would presumably be taxable if you earn enough to pay tax. And any money they win under these circumstances could hardly be considered gambling winnings either since they are not risking any money of their own. Maybe the Revenue and Customs would be interested in such "workers".
This whole thing is rather disturbing. I think we should compile a list of sites that use this practice so people can be warned.
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RED-DOG
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« Reply #25 on: March 22, 2008, 03:58:51 PM » |
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The "wage" would presumably be taxable if you earn enough to pay tax. And any money they win under these circumstances could hardly be considered gambling winnings either since they are not risking any money of their own. Maybe the Revenue and Customs would be interested in such "workers".
This whole thing is rather disturbing. I think we should compile a list of sites that use this practice so people can be warned.
Nope. Good luck to them and anyone who plays for them. Count me out of any group who want to report people to the tax man. |
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The older I get, the better I was.
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AceofWands
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« Reply #26 on: March 22, 2008, 04:08:02 PM » |
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The "wage" would presumably be taxable if you earn enough to pay tax. And any money they win under these circumstances could hardly be considered gambling winnings either since they are not risking any money of their own. Maybe the Revenue and Customs would be interested in such "workers".
This whole thing is rather disturbing. I think we should compile a list of sites that use this practice so people can be warned.
INope. Good luck to them and anyone who plays for them. Count me out of any group who want to report people to the tax man. I wasn't suggesting that anyone shop anyone to the taxman. Just pointing out that the very favourable tax regime that applies to professional poker players in the UK probably may not extend to anyone employed in a scheme such as this. I would not want to play on site employing shills so I would want to know which ones do. |
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Graham C
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« Reply #27 on: March 22, 2008, 05:07:47 PM » |
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Does it make a difference to you though? Personally I couldn't be arsed to seek out sites where there may be a few shill players going about, there's plenty of other players but I don't mind who's money I take  |
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AceofWands
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« Reply #28 on: March 22, 2008, 07:08:56 PM » |
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There is the ethical angle. The whole thing seems seems underhand and lacking in tranparency. It does nothing to add to the integrity of poker as game which has an image problem in that area already. There is no shortage of poker sites to choose from. So on purely a selfish level I can't think of why anyone would want to play on a site that is known to use shills?. Surely the more clueless the better |
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