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Topic: Gambling Affiliates: Carryover of Negative Revenue Share Profit (Read 851 times)

member
Activity: 233
Merit: 12
★Bitvest.io★ Play Plinko or Invest!
yep it sucks  i only promote sites were to paid based on overamout of bet even if its less % because one wale wins your mostly screwed
tyz
legendary
Activity: 3360
Merit: 1533
I wouldn't refer to any site that does this, as in negative profit share. Because then what's my fault if I bring a person and he becomes lucky? Doesn't everyone wants that? To be lucky?! In that way, the casino is preventing its own loss at the liability of the referral! I would love when the commission is based on wager, because casinos should calculate on wager only as they already have the house edge on their advantage!
Commissions that are wager based is mostly from dice sites but the share you get from the house edge is very small since dice's house edge is 1% unlike the other commision type which is profit based.

If you have active players you could make a good gain even though house edge is 1% or less. I also have some referrals on dice sites and some of them make up to or even more than 10k games a month (obviously mostly automatic). Let's assume average bet is 1 mBTC, so your gain is 10 Sats per game, what gives you 10mBTC gain a month for such a referral, no matter if it wins or loses.
legendary
Activity: 3290
Merit: 1901
Shuffle.com
I wouldn't refer to any site that does this, as in negative profit share. Because then what's my fault if I bring a person and he becomes lucky? Doesn't everyone wants that? To be lucky?! In that way, the casino is preventing its own loss at the liability of the referral! I would love when the commission is based on wager, because casinos should calculate on wager only as they already have the house edge on their advantage!
Commissions that are wager based is mostly from dice sites but the share you get from the house edge is very small since dice's house edge is 1% unlike the other commision type which is profit based.

I remember someone (I think it was MICRO) posted their gambling affiliate stats from cloudbet's thread and his affiliate profit was negative 1-2 btc. There are gamblers that get lucky but it's very rare to see most of them walk away and not go back after some time.
full member
Activity: 1022
Merit: 133
I wouldn't refer to any site that does this, as in negative profit share. Because then what's my fault if I bring a person and he becomes lucky? Doesn't everyone wants that? To be lucky?! In that way, the casino is preventing its own loss at the liability of the referral! I would love when the commission is based on wager, because casinos should calculate on wager only as they already have the house edge on their advantage!
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Well, I believe he can terminate his account but I think that is not a wise decision.  His personal earnings from wagering in this site are not affected, only his referral earnings, so I believe eventually his revenue will become positive again even without doing anything as long as his referral keeps playing and losing.

I think he doesn't have to terminate his account. He can let his account accessible, so if he wants to know how much money he made, he can directly log in to his account. I am sure that someday, he can earn revenue from his referral, which can be his additional income from the affiliate. But that will be different if he decides to join the games and spend his money, maybe that can give him a chance to win, although the opportunity is not too big.
legendary
Activity: 2982
Merit: 1280
Hire Bitcointalk Camp. Manager @ r7promotions.com
There is no argument whether this system is correct or not.  It is the rule of the Company and tyz agrees with it.

That's true. I don't want to complain about this rule because I agreed to it when I signed up. I just wanted to start a discussion and exchange of experiences about this type of affiliate compensation after realizing that there is no thread about this topic yet.

It is good that you opened this kind of discussion.  The thread discussion shows that lots of members here do not know that this kind of referral system exists and this thread serves as an eye-opener to them.  I am also grateful that you share your experience with having a negative revenue and the company's procedures on fixing it. 



It's more than craty, it's outrageous and if he's wise he'll leave that casino at once.

Well, I believe he can terminate his account but I think that is not a wise decision.  His personal earnings from wagering in this site are not affected, only his referral earnings, so I believe eventually his revenue will become positive again even without doing anything as long as his referral keeps playing and losing.

legendary
Activity: 2282
Merit: 1041
Ok so I checked the sportsbet.io affliate page here https://sportsbet.io/support/affiliate-faq

and found this:
Quote
If a player wins a large amount, does the negative balance carry over to the next month?

When your player wins at our sportsbook or casino, your commission might be affected since we deduct those winnings from the earnings. However, large winnings are not likely to occur consistently for a long period of time. When the player continues playing, your commission will continue to grow.

I didnt know about this and now I can understand what the OP means. So this is probably the first time I am seeing a casino which gives commission based on the player's win or loss aka casino's loss or win, respectively.

Now if I was in the OP's place, I would stop taking part in this type of referral system, they do give 35% commission but I prefer the 5% I get from other sites and that is only wager amount based and not win/loss based.

In my opinion, OP is being ripped off with this type of deal, even though the OP has not used any money to take part in it. Would be wiser IMO to go for the other casinos which I posted in my first post here. Wink

I was confused at first, but comment by comment and here we come. He is being ripped off, I agree with that. I never heard for similar referral system, even thou I gamble there and I got some emails from them about their referral system I never bothered to read more. This is definitely one of the worst systems I ever saw(for players of course), if they lose you make profit, if they win you lose your commission and you go negative for months or years, it's crazy! I would move from there to some other casino!

It's more than craty, it's outrageous and if he's wise he'll leave that casino at once. I've never been in situation like this and don't have experience with casino with such odd commission policy. But we always have the choice and its good to hear such experiences too.

I only found out about this when I read this thread.
Basically you bring customers to them and when they win, you lose commission. If you bring more people to come to them and but wins more you get nothing for inviting these people but negative commission. Casinos must be very confident their clients will lose money in the end that they crafted this type of system.

legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Ok so I checked the sportsbet.io affliate page here https://sportsbet.io/support/affiliate-faq

and found this:
Quote
If a player wins a large amount, does the negative balance carry over to the next month?

When your player wins at our sportsbook or casino, your commission might be affected since we deduct those winnings from the earnings. However, large winnings are not likely to occur consistently for a long period of time. When the player continues playing, your commission will continue to grow.

I didnt know about this and now I can understand what the OP means. So this is probably the first time I am seeing a casino which gives commission based on the player's win or loss aka casino's loss or win, respectively.

Now if I was in the OP's place, I would stop taking part in this type of referral system, they do give 35% commission but I prefer the 5% I get from other sites and that is only wager amount based and not win/loss based.

In my opinion, OP is being ripped off with this type of deal, even though the OP has not used any money to take part in it. Would be wiser IMO to go for the other casinos which I posted in my first post here. Wink

I was confused at first, but comment by comment and here we come. He is being ripped off, I agree with that. I never heard for similar referral system, even thou I gamble there and I got some emails from them about their referral system I never bothered to read more. This is definitely one of the worst systems I ever saw(for players of course), if they lose you make profit, if they win you lose your commission and you go negative for months or years, it's crazy! I would move from there to some other casino!

It's more than craty, it's outrageous and if he's wise he'll leave that casino at once. I've never been in situation like this and don't have experience with casino with such odd commission policy. But we always have the choice and its good to hear such experiences too.
tyz
legendary
Activity: 3360
Merit: 1533
I would like to read the experiences of other Sportsbet.io affiliate partners. Especially I noticed the following and I would like to know if this is right or if I am just mistaken?

I have looked through my former transactions (data from about the last three years). And I think (I do not have proof though) that in the past Sportsbet carried negative balance over for a couple of months before it was set to zero. No, it seems this reset is gone. Does someone else recognized this?

hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
It is no problem if you choose that way, but I think that two commission will be given to you, no matter if you lose or win. If you lose, you will see the red color in the affiliate dashboard, and that will happen too, if you get the green color.

Personally, I don't too expect to get a big commission from the referral because I think that will depend on my referral, and I already see what happens if they are win or lose. I prefer to search for another way to make money than to expect from them, and I will consider the commission from them as another bonus for me. And if somehow, I can make a nice profit from them, I will withdraw the money as soon as I see it is available to withdraw
sr. member
Activity: 1876
Merit: 318
I will avoid getting a commission from gambling affiliates based on win or loss players, because this is less profitable In my opinion.
Because if a user who is from my affiliates wins continuously when betting, this will make my affiliates balance become negative.
It's better to get a commission from gambling affiliates based on only the wagering amount.
legendary
Activity: 2282
Merit: 1041

I couldn't find a better way for myself to convince people to sign up under my affiliate link while I want them to lose so I can earn. I can't believe Sportsbet has this kind of system that will just not make you earn while you keep making them famous thru your site. It's one way to scare away webmasters wanting to promote them, I'm surprised you stick around as affiliate when its good to just bet. Or maybe I did understand it incorrectly.
tyz
legendary
Activity: 3360
Merit: 1533
As far as I know, the earned money from referrals is not gone if they win or lose because the money is sent to our account. But if that happens, then I think that will be a problem since we can not know if they can win or lose, and I think that is out of our expectation. Maybe the site needs to explain this, so there is no misunderstanding here.

If you get earnings within a month you can also lose it within a month again. Payments for a month are done within the first week of the following month.

Let's do an example: Referral A loses a bet on 1st July which gives you a positive balance (let's say balance is 0.1 BTC now). On 31st July Referral B wins a small bet which decreases your balance to 0.05 BTC. Then you would get paid the 0.05 BTC in the upcoming week of the next month (if you do not have any negative carryover from the past).

But, assumed Referral B wins a big bet on 31st July and your balance gets negative (let's say to -0.1 BTC). Of course, you will not get paid anything for this month. On 1st August Referral A is losing again and your balance for the month is 0.05 BTC and let's say no other bets are set until end of month, then you have a positive balance for this month but you will not get a payment because it is offset with the -0.1 BTC from July, so your "virtual" balance is still -0.05 BTC.
legendary
Activity: 2296
Merit: 2721
Top Crypto Casino
It's good that OP doesn't need to pay for the shortfalls. Otherwise it would have made much worse.
With such a system, where you also have to pay if your own referrals make a profit, you would probably not get a single referral as a casino. No player would take the risk, here we are very close to a guarantee, which is often used in the credit business.

In principle, I find systems where you help earn money from the losses of your referees not bad. This has also brought new players to the platform, who will most likely deposit and bet with coins again. The system mentioned here by tyz, where you are "punished" for excessive profits from your referrals, goes clearly too far in my opinion. It punishes people who bring new players to a platform - which is hard enough anyway.

legendary
Activity: 3080
Merit: 1500
I didn't know that we also lose our earned money from referrals if they won that bet so basically I never had experience with this kind of affiliate marketing.But here all the advantages goes to the casino but you holds risk of losing your earnings even after you worked for it.
As far as I know, the earned money from referrals is not gone if they win or lose because the money is sent to our account. But if that happens, then I think that will be a problem since we can not know if they can win or lose, and I think that is out of our expectation. Maybe the site needs to explain this, so there is no misunderstanding here.
Some site may have different reward system for referrals which included losses of our referrals wins money for u but if they win against house then we may lose our money from our referrals but this is not a good reward system to be honest.

thats odd . a legit referal system does not work that way  . if not scam then this system is pretty bad     . 

never encounter this kind of policy but most that i see was you earn something from your referal   .  win or loosing bet  ,  any kind of gameplay  .  you get some commision depending on the sharing rules of that site   . finding a loyal player is hard    . i have a referal before but all of them stop playing  now  .  there are lucky users that refer a whale player and earn huge from them 

I second that opinion. This kind of policy is actually bad for the people who are referring players to a gambling website. The market is very competitive and it is really very hard to refer a player to a gambling website.

Now after so much hard work, if that person is not getting any reward, it makes literally no sense to put in so much hard work on gathering referrals.

It's good that OP doesn't need to pay for the shortfalls. Otherwise it would have made much worse.
legendary
Activity: 3290
Merit: 1901
Shuffle.com
You didn't understand his point. The one of his referral has an outstanding huge profit over a year and there is no chance that he will be in profit unless that guy loss or one of his other referral will lose tremendously so that he can start generating profit again in referral. I'm not really sure about referral but requesting it is worthy for a try since its already a year.

Sportsbet.io is the only casino that I know with that kind of T&C in there referral program. Most of the casino are just measuring it through the percentage of the amount wager. I'm just using few casino so maybe this is the new norm about affiliate program.
I'm aware that one of his referral buried his affiliate numbers and that's why I said "only if" in the same post.

This type of affiliate program isn't new, fortunejack had the same exact profit distribution in their affiliate program for years. I could be wrong but a lot of casinos with third party providers follow this type of profit distribution. One reason others don't see this too often is because most of us prefer playing on provably fair games and usually their commission based on wager.
member
Activity: 1204
Merit: 38
I didn't know that we also lose our earned money from referrals if they won that bet so basically I never had experience with this kind of affiliate marketing.But here all the advantages goes to the casino but you holds risk of losing your earnings even after you worked for it.
As far as I know, the earned money from referrals is not gone if they win or lose because the money is sent to our account. But if that happens, then I think that will be a problem since we can not know if they can win or lose, and I think that is out of our expectation. Maybe the site needs to explain this, so there is no misunderstanding here.
Some site may have different reward system for referrals which included losses of our referrals wins money for u but if they win against house then we may lose our money from our referrals but this is not a good reward system to be honest.
full member
Activity: 1190
Merit: 117
Every online casinos has the right to determine how to give a commission, but if based on win or loss it is very terrible.
My suggestion is better to get a referral commission based on wagering amounts more secure than based on win or loss.
Therefore, careful research is needed before deciding to join the referral system based on win or loss. Do not let the
agreement we have made with casinos online harm us.
hero member
Activity: 1232
Merit: 858
I think I should make things more precise Smiley

The case I described in the first post concerns Sportsbet.io affiliate. At Sportsbet you only earn if a referred user loses a bet. If a user wins a bet you get negative affiliate balance. The idea behind this is that more users usually lose than win, so the affiliate partner makes a gain in the long run anyway. Now in this case a user made big profits with two bets (> 1 Bitcoin) over a year ago. Since then my affiliate balance has been negative. The negative balance has declined a little over the last months but there is still a huge negative balance which is carried over from month to month.

Interesting strategy for earning money on referrals. You need to find not just a referral who agrees to register using your link, but a referral who does not understand anything about sports, but constantly makes bets)
If a betting site loses because of your referrals, do you owe them money? I'm kidding)
tyz
legendary
Activity: 3360
Merit: 1533
There is no argument whether this system is correct or not.  It is the rule of the Company and tyz agrees with it.

That's true. I don't want to complain about this rule because I agreed to it when I signed up. I just wanted to start a discussion and exchange of experiences about this type of affiliate compensation after realizing that there is no thread about this topic yet.
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