Account Options: Login / Register as a New Analyst
Home | Login | Register | Events | Analysts | Blog | Help | Contact
new


BadBUNGLE Best Charter! Prevents Commodore Sweep!
There are no Active Events at this time. When the PoolAdmin readies new Events they will appear here.

Be sure to keep your email address updated in your Analyst Profile—especially during the offseason—so we can alert you to new events.

»More Events

Blog Post Index  | 

PayPal Fee Policy

By Sheik

PayPal Fee Policy

As you know, ThePoolOnline.com has never made a profit. The chief reason being PayPal fees (and the high cost of bandwidth & software nerds). In order to cut down on transaction costs we tried to encourage Analysts to pay for the whole season in one lump sum and many of you have--bless your hearts. Unfortunately, just not enough. So, beginning with the 2007 season ThePoolOnline.com will no longer eat the PayPal transaction fees. This puts the PayPal transaction fee incentives squarely on the Analyst.

The PayPal Transaction Fee is equal to 2.9% of the amount plus 30 cents. On a 10 dollar transaction they make 59 cents. On 170 bucks they yield five dollars and 23 cents. Over the course of a seventeen week season PayPal charges 10.03 in fees.

We don't think we will lose a single Analyst over a measley five dollars and 39 cents. That's right. Only five dollars and thirty-nine cents! To cover the PayPal fees it will now cost you 175.39 to fund 170 points (a typical season). So like I said, the new PayPal policy is not so bad. Here's the exact formula:

  • (Event Entry Fee) EEf = Weekly Entry Fee * Number of Weeks (usually 10 * 17)
  • (PayPal Fee) PPf = EEf * .029 + .30
  • Amount to Fund = EEf + PPf + (PPf *.029)

Fortunately you don't have to worry about the details. The Fund MyAccount page calculates exactly how much you need to fund. As always we appreciate your contribution to ThePoolOnline.com community.


»Blog Index

This Blog page permits browsing Annoucements, Comments, Help, Rules and News authored by the Analyst community. You can browse, read, author, edit, and filter Blog posts by Analyst, Event, or Category. Only registered and logged-in Analyst can author posts.

Importantly, you can—and should—associate each of your posts with Analysts, Events, and Categories. PLEASE help us display each post on the site in the most appropriate location by associating (or tagging) each of your posts with related Analysts, Events and/or Categories. As you will see, it's really easy.

ThePoolOnline.com displays related posts on most site pages. If associated with a specific Event, then the post will be displayed on the Schedule, Entry Form, & PickSheet pages for that event.

The Blog capability is multi-functional. It's also the engine behind announcements, help articles, rules, policy documents, event commentary, and analyst posts.

Analyst SlideShow
Now serving our 21st Season at ThePoolOnline.com