Golden Tee LIVE™
Version 9/16
Page 72
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PLAYER WALLET GUIDE
Golden Tee LIVE offers a revolutionary Play for Prizes contest format that allows players from all over the world to
compete for cash with every game they play. In most cases, prizes are awarded immediately following the
completion of each contest, via a credit to special ITNet Player Wallet.
Player Wallets are available to the individual players directly through a Golden Tee LIVE machine. That means
that the players can easily use their winnings to play more games of Golden Tee LIVE. Now, instead of getting a
check in the mail and spending the winnings away from the game or location, the majority of players are using
their winnings to play more Golden Tee LIVE games, thus putting their winnings right back into the machine.
This is a huge benefit to both the location and operator, because it keeps people in their seats, eating and
drinking and playing Golden Tee. Operators can look at this reinvestment as found money, and a brand new
source of revenue.
When a player pays for his game using his Player Wallet, he is not putting cash directly into the coin box. This
means that the game revenue in a normal collection cycle will typically exceed the actual cash in the game.
Therefore it is very important to familiarize yourself with the Golden Tee LIVE collection menus and procedures,
and your monthly ITNet billing statement.
When the player uses this Player Wallet money to play more Golden Tee, ITNet credits the full amount to the
appropriate operator. These credits will appear on your regular monthly ITNet statement, and will mean a lower
ITNet bill, or sometimes even a credit to your bank account!
You are encouraged to pay the location portion in full at each collection, to avoid additional accounting on your
part. While there might be a delay before you get your money back from ITNet, it will simplify the process
immensely if you can manage the location up front. The operator/location split percentage has been set in your
favor at 70/30 for Player Wallet income, since you must wait for your portion. Use this as a selling tool to adjust
the collection in your favor.
The Collection Menu on Golden Tee LIVE details the various income sources for your review. You are
encouraged to spend some time with these screens so you understand where your revenue is being generated.
You should also log in regularly to your Operator Services account on itsgames.com, to check on the
performance of your equipment and check to see if the cash in the cash box will be enough to cover the split with
your location.
Skill based Play for Prizes adds an additional revenue source with huge potential
Winners are encouraged to reinvest their winnings back to Golden Tee LIVE
Entry Fees and Player Wallet Play must be collected and distributed by ITNet first
The Player Wallet default split percentage is factory set to the operator’s advantage
Use the Collection Screen to set aside the various game fees, including Prize Pool money,
and determine the location split
Pay the location portion at the time of collection if at all possible
Each month ITNet will issue a credit to your bill for Player Wallet activity on your machines.
In some cases this additional revenue and resulting credit will cover or surpass your fees, in which case
ITNet will credit your bank account.