Topic: Gambling Affiliates: Carryover of Negative Revenue Share Profit (Read 851 times)
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
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.
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.
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!
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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.
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.
Ok so I checked the sportsbet.io affliate page here https://sportsbet.io/support/affiliate-faq
and found this:
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.
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.
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.
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.
Ok so I checked the sportsbet.io affliate page here https://sportsbet.io/support/affiliate-faq
and found this:
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.
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.
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.
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 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?
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?
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
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
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.
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.
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.
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.
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.
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.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.
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.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.
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.
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.
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.
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.
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.
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)
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.
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.There are many gambling sites that doesn't do negative carryover but accumulates affiliate and increase bonuses and earnings.
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.
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 many gambling sites that doesn't do negative carryover but accumulates affiliate and increase bonuses and earnings.
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.
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.
Ok so I checked the sportsbet.io affliate page here https://sportsbet.io/support/affiliate-faq
and found this:
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.
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.
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.
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!
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.
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. 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.
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 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. 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.
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. 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.
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.
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.
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.
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.
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. 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. 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 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.
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
.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.
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.
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.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 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.
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.
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.
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!
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.
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.
Ok so I checked the sportsbet.io affliate page here https://sportsbet.io/support/affiliate-faq
and found this:
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.
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.
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.
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.
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.
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.
Ultra is right, I also think tyz is specifically talking about the gambling affiliate or referrals rather than the casino bankroll because there are different ways to distribute gambling affiliate profits for example it could be based on the total wager of the referred user or sometimes the overall profit. Having a negative profit is one possible scenario if the affiliate system is focused on the profit rather than the wagered amount.
I think tyz is talking about sites like Bustadice.com where you can invest in the casinos bankroll, here is a short description:
That may be the case however it would be a gross mistake to call that as affiliate profit. As far as my knowledge is, affiliate marketing is for referral commission and casino bankroll investment is a different thing. But sensibly that can be the only case where negative numbers are possible.If this is the case, my suggestion would be to move on to cryptogames or yolodice. Considering their revenue income in the long term basis, I have seen that it does not stay negative for too long there, havent used busta so I cant comment on that. The long term value is always positive for the casino and its investors so it is good for the long term but definitely not good is still in the negative numbers
Can you explain what you mean by negative carryover? Is it like the casino's loss incurred due to a high roller that ends up on your plate because you were the member who referred them in the first place?
I think tyz is talking about sites like Bustadice.com where you can invest in the casinos bankroll, here is a short description:
Quote
Be the bankroll
Looking to grow your Bitcoins slowly rather than for a thrill? Invest in the bankroll and participate in the casino's profits.
invest and divest whenever you want competitive commission of 50 % on profits receive compensation when the bankroll is diluted proper risk management limited by the Kelly criterion
Source
So you sort of participate in the profits of the casino and you therefore lend them your BTC. If the casino makes a profit, you get a part of it. If the casino makes losses through, for example because of whales that make big profits, this also affects those who are invested in the bankroll. But as I said, it's just a guess...Looking to grow your Bitcoins slowly rather than for a thrill? Invest in the bankroll and participate in the casino's profits.
invest and divest whenever you want competitive commission of 50 % on profits receive compensation when the bankroll is diluted proper risk management limited by the Kelly criterion
Source
Can you explain what you mean by negative carryover? Is it like the casino's loss incurred due to a high roller that ends up on your plate because you were the member who referred them in the first place?
I havent seen anything like that in any of the casinos that I run affiliate campaigns on namely Primedice, Stake, cryptogames, freebitco.in. Which site are we talking about though?
But in general, all the casinos give you the referral commission from the "wager" and not the casino's profit. So even if the casino loses or the player loses, you still get your x% of the amount wagered.
I havent seen anything like that in any of the casinos that I run affiliate campaigns on namely Primedice, Stake, cryptogames, freebitco.in. Which site are we talking about though?
But in general, all the casinos give you the referral commission from the "wager" and not the casino's profit. So even if the casino loses or the player loses, you still get your x% of the amount wagered.
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.
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.
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