blonde Board Meeting

[gatso]

why would titan have pushed for a fine that everyone has to pay?

[pokefast]

On the positive side, tikay told the bunker story

only positive if you share imo

This

[TightEnd]

why would titan have pushed for a fine that everyone has to pay?

IPoker is EXTREMELY complex. Titan is one of the very largest skins, was a loser from the over-aggressive competitive activity and, quite possibly and is strongly rumoured to be owned by IPoker.

[The Baron]

why would titan have pushed for a fine that everyone has to pay?

Tight just beat me to it. Possibly owned by Ipoker.

Billy Hills could well own a share of the network too. These fines are going into someone's pocket anyway.

[TightEnd]

On the positive side, tikay told the bunker story

only positive if you share imo

This

really, no. Images conjured that will haunt me. The Green-keeper, too.

[Dry em]

why would titan have pushed for a fine that everyone has to pay?

Firstly they are owned by the network and secondly they probably don't fall foul of these ratios (if they indeed get subjected to them all...) because they have big marketing budgets and (supposedly) don't offer excessive rakeback. They would therefore have gotten tired of small skins picking off their high rakers by offering them illegal deals

Also, on the topic of the deposits, isn't it possible for your cage to restrict all deposits from certain countries/areas. Even if you just restrict it to UK only and have to approve any others (don't know your geographic breakdown of players but assuming 95% UK) must help from a fraud point of view. Given, I appreciate fraud can still happen in the UK too...

[TightEnd]

why would titan have pushed for a fine that everyone has to pay?

Firstly they are owned by the network and secondly they probably don't fall foul of these ratios (if they indeed get subjected to them all...) because they have big marketing budgets and (supposedly) don't offer excessive rakeback. They would therefore have gotten tired of small skins picking off their high rakers by offering them illegal deals

Also, on the topic of the deposits, isn't it possible for your cage to restrict all deposits from certain countries/areas. Even if you just restrict it to UK only and have to approve any others (don't know your geographic breakdown of players but assuming 95% UK) must help from a fraud point of view. Given, I appreciate fraud can still happen in the UK too...

On the subject of deposits and chargebacks it's been like chasing a marble on an ice rink

Originally there was a problem with overseas fraud, so I put a total block on Non UK deposits

Hey presto, a UK fraud ring pops up. I make UK deposit limits far more restrictive.

Our largest ever chargeback follows. Aqua are based in Mauritius, and sadly I can't just pop on a bus and shake them hard and do real due diligence about their detection and recovery systems

It's a question of risk really, you want your genuine players to be able to deposit and restrict fraudsters, so you have to get these deposit limits right

As already said, now we are going to have to tag known players, anyone untagged won't be able to deposit unless approved by us

[TightEnd]

why would titan have pushed for a fine that everyone has to pay?

Firstly they are owned by the network and secondly they probably don't fall foul of these ratios (if they indeed get subjected to them all...) because they have big marketing budgets and (supposedly) don't offer excessive rakeback. They would therefore have gotten tired of small skins picking off their high rakers by offering them illegal deals

the fines policy is ludicrous for the small skins like us not tweaking the tail of a Titan by the means Titan object to, but nevertheless with generally winning players

[gatso]

ah, ok. the fine thing makes more sense now then if they were effectively fining themselves

but, how can they fine you for something that wouldn't have been in the contract that was agreed when you joined the network?

[TightEnd]

but, how can they fine you for something that wouldn't have been in the contract that was agreed when you joined the network?

Great question. Would cost a forutne to test that one, though I have lain awake at night grappling with 28 pages of legalse and clauses to try and beat it.


In essence, our contract is with Aqua, a provider of services (amongst many) with IPoker. Ipoker impose conditions on their contract with the cages, who then pass it on to their skins.

[Colchester Kev]

On the positive side, tikay told the bunker story

only positive if you share imo

This

Anyone who deposits $100k on blonde and leaves it there to gather dust and earn no interest, gets the story

[tikay]

ah, ok. the fine thing makes more sense now then if they were effectively fining themselves

but, how can they fine you for something that wouldn't have been in the contract that was agreed when you joined the network?

The issue predates the involvement of Rick, Kev & I being in direct contact with Aqua. It's only become evident to us in the last year or so.

We became aware after we started being charged for "chargebacks". I don't have the figure to hand, but we've probably incurred $30k+ of Chargebacks. I do know the Recovery Rate. Zero.

[Ironside]

On the positive side, tikay told the bunker story

only positive if you share imo

This

Anyone who deposits $100k on blonde and leaves it there to gather dust and earn no interest, gets the story

i would do but i cant

[tikay]

On the positive side, tikay told the bunker story

only positive if you share imo

This

Anyone who deposits $100k on blonde and leaves it there to gather dust and earn no interest, gets the story

My secret is safe.

[Claw75]

On the positive side, tikay told the bunker story

only positive if you share imo

This

Anyone who deposits $100k on blonde and leaves it there to gather dust and earn no interest, gets the story

sigh - I don't even have $100