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chris91
03-16-2009, 03:05 PM
Funny money fees have always seemed excessive to me. Every club I've worked that had funny money charged something like a 20% "service charge" from the customer, and a 20% cut from the dancer.

I know the clubs has costs involved in making funny money available, but isn't 40% a bit much? It's hard for me to believe that merchant fees and paper printing costs add up to $40 for every $100.

Also, most clubs take fingerprints and sometimes a photo in addition to a copy of the dudes drivers license. They also are very strict about the signatures matching, and they have video cameras all over the club which means they have actual footage of the guy signing the bill, so I'm not buying that the costs are higher because of dudes contesting the charges.

Are there any managers here who can give me an idea of what it actually costs the club to have funny money?

verfolgung
03-17-2009, 12:46 AM
My impression was that funny money fees weren't really tied to a transaction costs for the club. Sure there are some costs but mostly, just like excessive ATM fees, CC surcharges, cover charge and excessive drink costs, it was more about what they could simply get away with.

Also, I think most casual customers are naive to the practice that the clubs typically double dip by charging on both the customer and dancer side.

chris91
03-17-2009, 01:26 AM
Also, I think most casual customers are naive to the practice that the clubs typically double dip by charging on both the customer and dancer side.

They definitely are, which makes the whole thing even worse. It just seems like bad business to me.

Some clubs will give the guy fake $25 bills, without telling him that they are only worth $20 to us before the club takes its cut. They will also forbid us from telling the guys that we only get $20. This results in me either refusing to accept funny money, or over charging the customers who use it. This makes customers unhappy and they don't come back.

Also, If dances are $40, the club takes $10, and the guy pays with funny money, that means we have to pay 20% of the full $40 to the club even though 10 of those dollars never belonged to us in the first place. That leaves me with $22. I'm sorry, but I am not doing a private lap dance for $22. I turn them down, and then the club doesn't even get the $10 they would have gotten if they hadn't tried to gouge me with fees.

yoda57us
03-17-2009, 04:41 AM
Yeah the costs associated with producing funny money are pretty much irrelevant since it is made available strictly as a revenue source for the club. It's like asking how much they actually pay for liquor.

I used to use funny money in one club I frequented in RI until one night when a dancer offered me a deal on a VIP room if I paid cash instead of funny money. I figured out that I was not the only one paying a surcharge and simply started planning better before going to the club.

While we are on the subject, club ATM's should be avoided also unless you like paying five to ten dollar service fees when you take out money...

chris91
03-17-2009, 03:01 PM
^^ATMs aren't bad if they're not doing that though. If you take out $300 and pay a $10 fee, that's certainly better than charging it and paying a $60 fee. Of course, if you're in my neighborhood (french quarter), then there are about 47652 ATMs right outside the front door that don't charge ridiculous fees.

callah44
04-09-2009, 02:53 PM
Then there's tipping....often the customers will tip the hosts on the bill, which is charged to their credit card, but the dancer is also expected to tip a certain % (expectations probably vary per club) to the hosts as well......all in all, the customer gets pummeled with unexpected fees and thinks the dancer is keeping what they make, when often 20-40% is going to the club on top of what they charged and tip. Ew.

Winged Dinghy
04-09-2009, 06:21 PM
then there are about 47652 ATMs right outside the front door that don't charge ridiculous fees.


It's funny, I always thought those $4 fees on Bourbon Street ATMs were excessive until I saw the $15 fees at the ATM in my club.

Lance_d_1
05-08-2009, 12:43 PM
When I used a VIP room they exchanged what I paid into funny money. Why was that? Did the dancer get the money or the club?

mediocrity
05-08-2009, 01:03 PM
20% either side? Jeez. Ours is 10% for the customer, 10% for the dancers. After we pay our house fees, they don't take any dance fees.

Thats nuts.

AudreyLeigh
05-08-2009, 01:55 PM
Damn. Guess I should count my blessings that they don't charge the dancers to turn in funny money. The guys get a 20% fee but we get the face value of the fake money.

Otoki
05-08-2009, 09:36 PM
Funny money at my club is for CC transactions. 10% surcharge for the customer, and 15% from the dancer for cashing in the money. It sucks in a way, but customers see it as play money and spend it more willingly, and if they reneg on their CC charge the dancer doesn't lose the money she was paid.

minnow
05-08-2009, 11:34 PM
It's funny, I always thought those $4 fees on Bourbon Street ATMs were excessive until I saw the $15 fees at the ATM in my club.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Ding-ding-ding, Winged Dinghy, we have a winner for the most excessive ATM fee. I thought $10.95 at 1 Reno club, and $10 @ COI club was absurd.:smellie_f Now I don't feel so bad about a Tampa club raising fee from $3 to $4 just prior to 09 SB. The few club ATM's that I've bothered with/looked at have $200 limit. The 20% or more fee on funny money could be looked at another way: Club is essentially fronting customer "their money", that kind of rate is usurious. I don't see amusement parks tacking on "fees" for ride/refreshment tickets. That & lisc. check hassle is another reason to come prepared with cash on club visits.

BonsoirBella
05-09-2009, 11:53 AM
..........

AudreyLeigh
05-10-2009, 08:44 AM
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Ding-ding-ding, Winged Dinghy, we have a winner for the most excessive ATM fee. I thought $10.95 at 1 Reno club.

I tell ya hun... when you come to see me hit the banks beforehand... they're a block away from the club!! ;)

nicole84
05-16-2009, 10:31 AM
My club charges the customer 10% and then takes 10% from us when we cash them in. It's a pain in the ass and I wanr customers about it (i dont turn it away, but if they ask whether they should do that or use the ATM, I tell them ATM).

I think it's BS.

pornlaw
06-06-2009, 10:21 AM
Most clubs do not understand the potential for litigation when it comes to transaction fees like that. Like the class action in Vegas over taxis pushing clients to certain clubs, the use of funny money could certainly be the basis for another class action.

Sophia_Starina
06-07-2009, 08:47 PM
Here is some sage advice for Strip Club Custies: Bring Cash...... lots of Cash. ;)