inLeague-Platform-Fees,-Stripe-Fees,-and-Refunds.md

@@ -97,7 +97,7 @@ In establishing your fee schedule for player registrations, it is possible to ch
 
 **Example 1b**: The player from example 1 returns a week later and re-registers, but the fee has gone up to $250. They receive the platform fee credit of $9 and inLeague deducts $1.50 (the difference between $9 and their new platform fee of $10.50). The league nets **$226.75** ($200 (original fee) - $5.70 (Stripe) - $9 (inLeague) - $200 (refund) + $250 (second registration) - $7.05 (Stripe) - $1.50 (inLeague)).
 
-**Example 2**: The player was waitlisted and drops after registering (whether 30 minutes after or two weeks -- this makes no difference). If the league issues a full ($200) refund, the platform fees are refunded and the league nets **-$5.70** ($200 - $5.70 - $200).
+**Example 2**: The player was waitlisted via the waitlist manager and drops after submitting their waitlist registration (whether 30 minutes after or two weeks -- this makes no difference, so long as payment was never collected). No fee was ever paid and so no refund is necessary and no platform or Stripe fees are incurred.
 
 ## Event Signups (Players or Users)