Gambling Affiliates: Carryover of Negative Revenue Share Profit - page 2.

adzino

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Quote from: Sadlife on June 24, 2020, 09:16:05 AM

I dont like negative carryover, if i were me i would just stop recruiting people to that specific gambling site because it will only be a waste of resources and time. In the start i guess you can earn from it but in time it would become harder.
There are many gambling sites that doesn't do negative carryover but accumulates affiliate and increase bonuses and earnings.

There are sites like those, but they don't do revenue shares.
The one OP joined is probably an affiliate program with revenue share. Yes, rev shares do have negative carry over or else the casinos profit will go down really bad.
If a casino has a 30% revshare deal with a NC (negative carry over), then the user will share the 30% profit/loss of the user forever. Its like if a referral loses 1 btc bet, the affiliate will get 0.3 BTC and the casino will keep 0.7 BTC. The affiliates have a different "affiliate balance" that calculates all the profit/loss. That is why you will be seeing people negotiating with a casino for a NNC deal (no negative carryover). If the casino does accept the offer, they will be providing it with smaller percentage of commission along with high administrative fee.
On other hand, those over here are saying that they are happy with the 10% of the wager deal, look at it a bit carefully. They provide you 10% of the house edge, not the whole 10% of the wagered amount.

Sadlife

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I dont like negative carryover, if i were me i would just stop recruiting people to that specific gambling site because it will only be a waste of resources and time. In the start i guess you can earn from it but in time it would become harder.
There are many gambling sites that doesn't do negative carryover but accumulates affiliate and increase bonuses and earnings.

DarkDays

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Can you share the site that has the negative carry-over?

Generally sites with a decent house edge of 1-3% will only RARELY be in the red against a player, particularly when you consider that they have maximum bet limits in place to minimize their potential losses.

I don't really see how even the absolute luckiest of players could ever put a casino in the red for over a year, unless he found some sort of exploit to literally drain the bankroll. I think there needs to be some investigations into exactly what happened in your case, since such an occurrence is extraordinarily improbable.

iv4n

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Quote from: TheUltraElite on June 23, 2020, 01:33:05 AM

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!

TGD

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Quote from: ralle14 on June 23, 2020, 08:45:05 PM

Quote from: TGD on June 23, 2020, 08:19:01 PM

Do your referral who won huge amount still playing the casino? If yes, Just wait for now because he will lose soon as long as keep playing in the casino regularly with a consistent amount of bet from the beginning. But if he is a wise gambler who know the right bankroll management then you might not recover your negative carry over.

This profit sharing of sportsbet is one thing I hate. You will suffer if you refer anyone especially those PRO players. Sportsbet wants to share pain to the user who brings pain to there casino. I suggest to contact there support to remove that one referral of your since you are suffering already for a year. Cheesy

Is it even possible to remove a referral ? It might be better to just leave them for now because the damage is already done and he could miss out on the opportunity to recover.

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.

michellee

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Quote from: mersal on June 23, 2020, 06:45:27 PM

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.

ralle14

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Quote from: TGD on June 23, 2020, 08:19:01 PM

Do your referral who won huge amount still playing the casino? If yes, Just wait for now because he will lose soon as long as keep playing in the casino regularly with a consistent amount of bet from the beginning. But if he is a wise gambler who know the right bankroll management then you might not recover your negative carry over.

This profit sharing of sportsbet is one thing I hate. You will suffer if you refer anyone especially those PRO players. Sportsbet wants to share pain to the user who brings pain to there casino. I suggest to contact there support to remove that one referral of your since you are suffering already for a year. Cheesy

Only if the gambler continues to gamble if not tyz will have a hard time recovering or clear out the negative balance. Profit sharing is like a double edge sword it does have risks since you rely on the players to lose but once it pays off you could get a lot from it.

Is it even possible to remove a referral ? It might be better to just leave them for now because the damage is already done and he could miss out on the opportunity to recover.

STT

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How did they win so much, randomly or through skill. Sounds like you have to start over if you want to continue referring new users, separate the smaller fishes from that big fry who had such good luck that it's wiping all other considerations out.
Not sure any complaint can be made when 35% of bet revenue comes to an affiliate, thats really generous if its as good as it seems in the good times that could pay out alot and its true most gamblers dont make out big but pay the house cut on average which is a profitable business obviously. I presume they carry over forever without stop both the profit and any negative like that, have to take the good with the bad but I agree it sounds discouraging to further efforts if you have no idea how to get a similar sized bettor to throw down 1 BTC.

TGD

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Quote from: tyz on June 19, 2020, 07:42:10 AM

In a current case with a betting site I have a large negative carryover due to a successful user that has been carried over for more than a year now, which means that it will probably take a very long time until I have affiliate income again on the site, although many referrals are active, but their losses do not compensate the high profits which were made by one referral.

Do your referral who won huge amount still playing the casino? If yes, Just wait for now because he will lose soon as long as keep playing in the casino regularly with a consistent amount of bet from the beginning. But if he is a wise gambler who know the right bankroll management then you might not recover your negative carry over.

This profit sharing of sportsbet is one thing I hate. You will suffer if you refer anyone especially those PRO players. Sportsbet wants to share pain to the user who brings pain to there casino. I suggest to contact there support to remove that one referral of your since you are suffering already for a year. Cheesy

Hippocrypto

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Quote from: leea-1334 on June 23, 2020, 04:16:40 AM

Sounds like a terrible situation to be in, to be actively referring people and yet being asked to also have the burden of their losses? I had no idea this was how gambling affiliates worked. I only refer to Yolodice but there you receive a commission calculated from the wager not from actual revenue. So that is a protected way in my mind.

That's a part of emotional adjustments on how to accept a certain losses, and we can't prevent those factors. Every people who will be involved will always be a part of the risk driven by gambling, and it's always win or loss situation. Maybe they're taking small percentage of the revenue to be given to each and every user.

mersal

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Quote from: tyz on June 19, 2020, 07:42:10 AM

I would like to read your experiences with negative carryover from gambling affiliate earnings. Especially with betting sites.

In the past few years I have had small amounts of negative carryover on various gambling sites from time to time. Those carryovers were usually equalized after 1-2 months at the latest, so that I had a positive balance again. Some sites even limit the time you take the negative carryover with you before it is set to zero.

In a current case with a betting site I have a large negative carryover due to a successful user that has been carried over for more than a year now, which means that it will probably take a very long time until I have affiliate income again on the site, although many referrals are active, but their losses do not compensate the high profits which were made by one referral.

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.

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Quote from: BitcoinTurk on June 23, 2020, 10:53:26 AM

I am not sure if I understood exactly the situation you mentioned, but if I understand correctly, I would like to state that you have touched on a very correct point. If there is no misunderstanding and you are talking about the reference system of gambling sites, I think these systems are definitely not correct. Although these methods seem logical if we look and think through the eyes of businesses, it is not really logical when viewed by the user.

There is no argument whether this system is correct or not. It is the rule of the Company and tyz agrees with it.

I stumbled on this kind of referral system where the % of the losses of the company/casino will be shouldered by the person when his referral won through referral bonus deduction, but in return, he will get a bigger percentage from the losses of his referral. The first thing I do is to drop the idea of referring people to the site since I always wanted my referral to win.

Quote from: leea-1334 on June 23, 2020, 04:16:40 AM

Sounds like a terrible situation to be in, to be actively referring people and yet being asked to also have the burden of their losses? I had no idea this was how gambling affiliates worked. I only refer to Yolodice but there you receive a commission calculated from the wager not from actual revenue. So that is a protected way in my mind.

Actually it is not a terrible situation because the payment of the negative balance will only be paid by the earned balance from his referral. And tyz is not obligated to pay for it from his own fund aside from the earnings from his referral on that site. It just needs time and it will be paid while tyz is doing something else or earning from other sites

.

tyz

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Quote from: Timelord2067 on June 23, 2020, 12:34:52 AM

Are you carrying the losses of the Casino as an investor, or, are you yet to receive a payment from a referral scheme as some of the other people are asking? Your OP is very vague as to what you are referring to.

No, I carry the losses as a normal user who referred a new member who made big profits. I am not an investor of the betting site.

Quote from: ralle14 on June 23, 2020, 02:00:33 PM

I don't think you have to pay once your balance goes negative because that would be discouraging for the referrer if it's true. Usually there's a seperate balance between the two(gambling and affiliate) to avoid confusion.

No, you do not have to pay if the balance goes negative. But all future profits from referrals are offset against the negative balance first. If the balance goes positive again you can make a withdrawal.

ralle14

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Quote from: avikz on June 23, 2020, 08:10:40 AM

Ohh! It's surprising to know such huge risks comes with referring players in a casino or sportsbetting website. I don't have much personal experience but do you need to pay to the casino if you get into a negative balance due to big wins by your referrals?

If not, then I think it's wise to wait till the time your balance gets into positive and you are able to make an withdrawal. But if it's about paying out of your own pocket, then it's super risky to even refer a player into sportbetting.

I hope that's not the case here!

I don't think you have to pay once your balance goes negative because that would be discouraging for the referrer if it's true. Usually there's a seperate balance between the two(gambling and affiliate) to avoid confusion.

I barely have experience with gambling affiliates but i've tried both options before and the profit based affiliate was more succesful than the wager based. I can't check the stats anymore but I guess I was just lucky.

BitcoinTurk

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I am not sure if I understood exactly the situation you mentioned, but if I understand correctly, I would like to state that you have touched on a very correct point. If there is no misunderstanding and you are talking about the reference system of gambling sites, I think these systems are definitely not correct. Although these methods seem logical if we look and think through the eyes of businesses, it is not really logical when viewed by the user.

avikz

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Quote from: tyz on June 22, 2020, 04:53:19 PM

I think I should make things more precise

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.

Ohh! It's surprising to know such huge risks comes with referring players in a casino or sportsbetting website. I don't have much personal experience but do you need to pay to the casino if you get into a negative balance due to big wins by your referrals?

If not, then I think it's wise to wait till the time your balance gets into positive and you are able to make an withdrawal. But if it's about paying out of your own pocket, then it's super risky to even refer a player into sportbetting.

I hope that's not the case here!

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Quote from: leea-1334 on June 23, 2020, 04:16:40 AM

Sounds like a terrible situation to be in, to be actively referring people and yet being asked to also have the burden of their losses? I had no idea this was how gambling affiliates worked. I only refer to Yolodice but there you receive a commission calculated from the wager not from actual revenue. So that is a protected way in my mind.

I think that the decision is up to the gambler in such situation.If he is afraid of negative carryover he can opt to switch casino and be happy with 5-10% referral based commission based on wagering.However I would love the thrill of 35% commission if someone of my referrals hit the jackpot.If someone does in the normal referring situation you only get his wagering bonus and not his win.So this is mostly based on how a gambler views the referring system of the casinos.

leea-1334

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Sounds like a terrible situation to be in, to be actively referring people and yet being asked to also have the burden of their losses? I had no idea this was how gambling affiliates worked. I only refer to Yolodice but there you receive a commission calculated from the wager not from actual revenue. So that is a protected way in my mind.

TheUltraElite

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So anyway, I applied as a merit source :)

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

Timelord2067

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Are you carrying the losses of the Casino as an investor, or, are you yet to receive a payment from a referral scheme as some of the other people are asking? Your OP is very vague as to what you are referring to.

Topic: Gambling Affiliates: Carryover of Negative Revenue Share Profit - page 2. (Read 851 times)