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Thread: Goodcards: Fairness of Appreciation Fee

  1. #1
    Goodcards
    Guest

    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?

  2. #2
    AutomaticMonkey
    Guest

    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.


  3. #3
    Norm Wattenberger
    Guest

    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?

  4. #4
    Goodcards
    Guest

    Goodcards: Re: Fairness of Appreciation Fee

    Thanks. I feel better.

  5. #5
    drumz1
    Guest

    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


  6. #6
    rick 666
    Guest

    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

  7. #7
    Goodcards
    Guest

    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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