Lopoca
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PARTNER OR PLAYER

Glossar


LOPOCA GAMING PLATFORM
An Internet platform for gaming (www.lopoca.com), operated by LOPOCA Gaming Ltd, which is headquartered in Malta, according to a licence issued in the Republic of Malta.

TEAM STRUCTURE
This is based on a simple two-team structure: one team on the left (the left leg), and one on the right (the right leg). Because this simple, exciting plan involves just two teams, Lopoca’s Partner Programme is easy to understand and replicate. All Team Partners are incorporated into teams according to their date of registration and enrollers preference. The team structure provides information on the position of individual Team Partners and shows partners the team allocated to them online, which is important for their earning possibilities.

TEAM PARTNER
An individual who has paid a membership fee and therefore is a part of the Partner Programme.

PLAYER
A user of the LOPOCA gaming platform, who must identify himself/herself in order to play with real money or in fun mode. Players can spend money and receive withdrawals via the gaming platform.

REFERRER
A player or Team Partner who recommends a new player or a new Team Partner for enrolment to the gaming platform.

EARNING OPTIONS
Every Team Partner has the opportunity to earn winnings, which are essentially subject to income tax and social security contributions, via gaming turnover and recommendations. The total of all earnings options used is referred to as earnings.

COMMISSION ACCOUNT
Every player and member has his/her own Commission account on the gaming platform. This account can only be accessed by him/her. All earnings are credited to it according to the gaming conditions, gaming stakes are debited from it up to the existing credited funds, and income is credited to it at the end of each pay period.

PLAYERS/TEAM PARTNER's OWN GAMING TURNOVER
Turnover from gaming stakes, or payments through the gaming platform or winnings or earnings credited to each player’s or member’s commission account.

PAY PERIOD/CYCLE
The period for which the electronic pay system pays the earnings achieved by each member and credits the Commission account accordingly. The pay period is generally 7-8 days long.

PLAYERS/TEAM PARTNER's OWN CASHBACK
Every player and every Team Partner receives a 7.88% share of the contribution to margins paid out as cashback on his/her own gaming turnover from games played (Sports Betting, Casino). This is credited to his/her Commission account. The player or member can use this credit to request a withdrawal or place a stake in the games.

CONTRIBUTION OF MARGINS
The basis for calculation of commissions for Team Partners is equal to the proceeds of the gaming operator (Lopoca Gaming Ltd) less donations to charity.

NUGGET GAME
The Nugget Game is the Lopoca product that makes Lopoca stand out from the rest. Lopoca’s Nugget Game is a game in which Team Partners and Player can buy and sell Nuggets online, and the value of these Nuggets is determined by them. Any single Team Partner/Player can buy Nuggets up to € 5000 per year using external funds.

AUTOSHIP
Automatic ordering of vouchers for the IQ-Game.

NUMBER OF POINTS
See definition in the Points chapter.

QUALIFYING ORDER
An order placed for at least 1 point of volume in each period. Most easily accomplished by purchasing a voucher in each of the 4 monthly periods, OR purchasing an IMS subscription for the month.

ACTIVE
means a paid initial Gold Team Partner Package or after this year a paid annual fee.

QUALIFIED
means a valid IQ-Voucher order for the relevant commission period.

1st GENERATION
All new Team Partners who have purchased a Lopoca membership on the basis of a direct recommendation by Team Partner X (the referrer) are known as 1st generation from the point of view of the referrer (Team Partner X in the chart below), regardless of their status in the Partner Programme.



2nd GENERATION
All new Team Partners who have purchased a Lopoca membership on the basis of a direct recommendation by a 1st generation Team Partner (the referrer) are known as 2nd generation from the point of view of Team Partner X in the chart below, regardless of their status in the Partner Programme.



 


© Lopoca Gaming Ltd. All rights reserved
Office 1/2238 Level G, Quantum House, 75 Abate Rigord Street, 1120 Ta’Xbiex, Malta, Reg.-Nr.: C49934
Lopoca Gaming Ltd. is licensed and regulated in Malta by Malta Gaming Authority (MGA).
This website is operated under the following licence granted by Malta Gaming Authority (MGA): MGA/CL3/709/2010 and MGA/CL2/1158/2015..
The license was issued on 10.04.2012 and 27.05.2016