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Terms & Conditions
You will be entitled to the agreed percentage of your profit after you have played for at least 14 days.
Payments are made by 7th of each month (for the previous calendar months play) and the payment due to you this calculated by reference to the agreed percentage of any profit not yet paid (50%) to you, from your first days play, at the pay date in question. (Your profit % will increase by 5% per month up to 60% (subject to Mentor approval) and you will be entitled to rake back after two months subject to our rake back procedures)
Any rake back paid is treated as additional profit and is allocated to players P+L as additional profit on the last day of the month (this effectively means that the real amount of bonus received can alter subject to whether the player is in profit or loss and the profit share % appropriate to the player)
From the total monthly profit your payment is calculated by taking the profit % of the profit and paying 80% of that to you. The remaining 20% is carried forward to create a starting profit for the following month.
Cash/STT players must only play at the maximum level agreed with their mentors in advance.
Please note you MUST only play STT/MTT up to a maximum of 15% of your days bankroll balance at the time of entry, without the express prior permission of your mentor.
Any cash/STT player wishing to play any MTT can ONLY do so if the funds required have already been generated by profit that day from STT/cash play AND they have the express prior permission of their mentor.
Any player that arbitrarily plays above the agreed level (whether they win or lose) will automatically be liable to removal from their deal with no right to any funds owing at the point of the indiscretion.
All players must complete a Player Review Form at the end of every month, submitting this through their POA within 3 days of the month end.
Any player that is nicely in profit may also be able to represent Bankrollsupply at any live event that they can easily afford to finance from the profit within their P+L.
This must be agreed with their mentor first and then will be arranged following an email from the mentor to admin.
As with all live seats won through Bankrollsupply, any cash in the live event is treated as any normal online tournament and the funds won entered into your P+L figures.
Any player that engages in illegal, dishonourable or other activity likely to bring disrepute to the name of Bankrollsupply will automatically be removed from their position and forgo all monies owing at that time.
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