Most likely scenario 99% of participants will get 0.
Many people are withdrawing their applications. I think they were in a hurry to apply thinking that it was like the rest, and also with pay per referral, without realising that there was no pay per post.
~
What do you think of this?
The model is not new and it's quite standard in other industries.
It's normal for a company to pay on the amount it makes, the other type of payments might just make you lose money, I know the adult industry was focusing on a few methods and abandoned them one by one
- PPI, pay per impression, easy to fake, end up paying just for advertising, maybe zero sales from 1 billion instant close of the advent page,
- PPC, pay-per-click, easy to the fake, same stuff you end up paying thousands and no real sign-up and no money spent
- PPS, pay per sale, obviously, you get money for each sale, just like the above:
You will be credited $50 in BTC per valid referral who will register under your affiliate link, make a deposit, and wager $300
but again can be faked, you sign-up with two accounts, you make an arbitrage on a bet, and you get in one account ~$560-580, the other loses, but you still gain 100 from referrals, but it's on a lower scale, and far easier to trace abusers
-revenue share, the guy pays 50$ a month for a subscription you get 10-20% of the sale. Can't be faked, and can't be taken advantage of unless you play with stolen cards, which is really not worth it as the chargeback will show up before you get paid.
I don't get the
40% lifetime revenue from your referrals means if your referral lost 100 USD you will get 40 USD
This is tricky, it's a commission on how much a referral has lost and not the entire deposited sum, then if your referral hits a jackpot and goes on a positive balance with a few hundred thosuands you're done for as the other must lose the same thousands just to ket your balance positive.
Anyhow, not new:
[Primedice] Affiliate Program: Passively earn 10% of house edge
https://bitcointalksearch.org/topic/primedice-affiliate-program-passively-earn-10-of-house-edge-745779