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Goodcards: Fairness of Appreciation Fee
I charged a friend 10% when referring him good games. He showed me a skill spotting an exposed card on a trip several years ago. I came across the simlar card exposing game recently and made money. He learned and asked for the referral fee. I offered him 5% net which he considered low. I thought these were two different things. Were I wrong?
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AutomaticMonkey: Re: Fairness of Appreciation Fee
> I charged a friend 10% when referring him good games.
> He showed me a skill spotting an exposed card on a
> trip several years ago. I came across the simlar card
> exposing game recently and made money. He learned and
> asked for the referral fee. I offered him 5% net which
> he considered low. I thought these were two different
> things. Were I wrong?
Two very different things. A referral fee to a good game is exactly that and applies only to that game, and ideally only for a finite period of time. The idea is that he is playing the game in lieu of you. But teaching you a skill is something different, you never signed up to be his employee for life when he showed you this.
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Norm Wattenberger: Re: Fairness of Appreciation Fee
It can be argued either way, or that friends should never charge. But in my mind, charging a fee for gains based on teaching someone a skill really rubs me the wrong way.
> I charged a friend 10% when referring him good games.
> He showed me a skill spotting an exposed card on a
> trip several years ago. I came across the simlar card
> exposing game recently and made money. He learned and
> asked for the referral fee. I offered him 5% net which
> he considered low. I thought these were two different
> things. Were I wrong?
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Goodcards: Re: Fairness of Appreciation Fee
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drumz1: Re: Fairness of Appreciation Fee
It can be argued either way, or that friends should
never charge. But in my mind, charging a fee for gains
based on teaching someone a skill really rubs me the
wrong way.
Brings to mind the old saying "Never do business with friends."
In this particular instance, a good friendship could be ruined forever.
IMO,
drumz1
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rick 666: Re: Fairness of Appreciation Fee
> I charged a friend 10% when referring him good games.
> He showed me a skill spotting an exposed card on a
> trip several years ago. I came across the simlar card
> exposing game recently and made money. He learned and
> asked for the referral fee. I offered him 5% net which
> he considered low. I thought these were two different
> things. Were I wrong?
i assume you cannot play 24 hours a day at the same casino; so if you charge your friend for this kind of information or if a friend ask you money for the same purpose i assume that there is no friendship at all only greed
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Goodcards: Re: Fairness of Appreciation Fee
> i assume you cannot play 24 hours a day at the same
> casino; so if you charge your friend for this kind of
> information or if a friend ask you money for the same
> purpose i assume that there is no friendship at all
> only greed
The system was based on "trust"... my "friend" agreed paying me 10% of his gross win. I didn't accompany him at all and took whatever amount he told me. My "friend" will also trust me giving me what I promised( 5% net).
How much one makes usually can estimate from EV per hor times how many hours have been spent on the particular good game.
I disagree you accuse I or my "friend" greed, however:
If you find a game that offers $3,000 hourly rate. You are barred. You tell your friend and he took his team of 3 making US$80,000 in 3 days. Will you happy of he takes you to a, nice, dinner??? What if he charges his teammate 20% of the win? waht if yoyu are the one travelling long finding good games while your friend never has good agmes to offer in return?
Friends or not, I think it is "fair" charging fee on good games referred.
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