Splitting the door with DJs and the venue, to the cent

How does bindro divide a night three ways?

In basis points, totalling ten thousand. A 50/30/20 is 5000, 3000 and 2000, and the total is enforced by the database rather than checked in a form — a split that does not add up cannot be saved, let alone paid.

Allocation is largest-remainder: every share is floored, then the leftover cents are handed out one each, biggest fractional claim first, ties broken by the order you listed the parties in. Rounding each share on its own instead is how a split engine quietly keeps two cents of every night — over a season that is real money belonging to artists, and it surfaces as unexplained drift rather than as a bug anybody can point at.

What does a real settlement look like?

Take the worked night: 300 tickets at $15.00 grosses $4,500.00 and pays $411.00 in platform fees, leaving $4,089.00 net. Club nights sit in the medium risk tier, so 12% — $490.68 — is withheld as a reserve and $3,598.32 is released two days after the last set.

Split 50/30/20 that is $1,799.16 to the headliner, $1,079.50 to the venue and $719.66 to you. The parts total $3,598.32 exactly, because the leftover cent goes to the largest fractional claim rather than evaporating. The withheld reserve is allocated the same way and returned to the same parties when its hold ends.

What happens if a DJ has not given me their account details?

The settlement stops, and it stops before anybody is paid. Every destination is validated before the first transfer goes out, so an unpayable party holds the whole night rather than leaving one act paid and another not — a half-settled show is a much worse problem than a late one, because it is the kind you find out about from the act.

Destinations are read at the moment of settlement rather than frozen when you set the split up. If a recipient is renamed or their account is removed between the on-sale and the payout, the transfer does not guess which account you meant.

Why is a reserve held on a night that already happened?

12% of the net is withheld and returned 90 days after the payout releases. The number comes from the expected cancellation rate for this vertical rather than from a negotiation, and the reason is chargebacks: a disputed ticket or a cancelled lineup produces claims weeks after the money would otherwise have gone. Held money is still yours and shows in your balance the whole time it is held.

Payouts are also never scheduled before delivery. A payout for a night appears when every session of it has ended — there is no advance against tickets sold for a show that has not happened, on any tier.

What does the split NOT cover?

Money the platform never held. Cash on the door is not recorded at all, and bar and merch takings at the till stay with you and never enter the platform ledger — so neither is in the pot being split, and neither should be, because booking them as platform cash would pay you a second time at payout.

It also does not cover the paperwork. Guarantees, riders, deposits and agency invoices live where they live now; a split is the settlement of ticket revenue for one delivered night, and it is deliberately nothing more.