So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?
Thank you very much.
Thank you very much.
Which site do you use? Sportsbook or dice site?
There is some calculation for dice site shows above, I think their solution is coreect.
If this is sportsbook affiliate program, the calculation is much different, the formular: 15%*money of the player lost=15%*0.099 btc, so you can make 0.01485 btc from your referral's loss.
Okay, so its not much that I am missing then. I have 0.00569882btc instead of 0.00645btc, and have 1.84143395ltc instead of the computation if the wagerred amount of my referral is 1354.81663854 ltc.
TO make it simple you get 0.15% of everything wagered at least thats how the referral system works as i understand it for the site your talking about
Just like explained in the chat. You won't get referral earning in wagering bonuses. So no earnings of free money wagered.
Then the wagered amount with bonus credits/btc shouldn't be shown in someone's referral dashboard, otherwise you get things like this people thinking their ref earnings aren't correct.
It can also be the site doesn't calculate the ref earnings directly but sometimes a hourly or daily update.
It is correct. At least they should show the how much portion of that wagered amount is from bonus and how much is from real deposit bonus. Also, there should be a way to prove that user usually wagered from bonus coins otherwise difficult to trust. OR they shouldn't consider bonus wagering itself and don't show on referral dashboard.
Yep. I don't intend to be a pain-in-the-ass, I just want it to have more clarity and transparency because just like what MinerHQ said, it is difficult to trust. Who knows, maybe today it is just a little amount but after a year or two, could be a bigger commission. Thank you Folks.
