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Re: Country Credits

rated by 0 users
Sun, Oct 14 2012 3:19 PM (2 replies)
  • Doglegend
    2 Posts
    Sat, Oct 13 2012 11:00 AM

    Hello, I am hoping to set up a country club soon. I was wondering about the country clubs credits I see in other country clubs accounts, will you please explain this.  What happens to the surplus credits from cc tournaments?

  • SHRUDE
    5,835 Posts
    Sat, Oct 13 2012 6:30 PM

    These are credits that are sim0ply an indicator of the clubs net earnings.

     

    if you have two members in the club and they have earnt 10 credits each, the club is worth 20.

    You cant do anything with them

     

  • alosso
    21,060 Posts
    Sun, Oct 14 2012 3:19 PM

    Let me add that the amount won't be there any more, just like the net income in your tax computation.

    Doglegend:
    What happens to the surplus credits from cc tournaments?
    You mean the difference between players' payments and the purse? That is WGT's fee, "the rake".

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