These deductions etc, are in the Affiliate Terms & Conditions.
When a new affiliate joins the VS program, that person is expect to agree to SAID T&C's. How can anyone agree to the aformentioned, when no monetory costs or percentage value is assigned to these fees/deductions, stated in SAID T&C's.
Miles wouldn't answer these questions (I'll reiterate them below).
While you've answered some fees, you have not answered all of them. Instead Ali you tell me/affiliates to contact Alison.
- game license fees (how much are these - monetory value for each game provider)?
- casino bonuses (if bonus is lost back to casino - how much does the affiliate get charged)?
- operational costs (what is each of these charges - itemise each charge)?
- jackpot fees (how much - each game provider if different charge)?
- regulator taxes - how much for each fee/charge?
- bank fees - how much for each fee/charge?
- chargebacks - minus the actually chargeback, what addition chargeback fee(s) is there?
If a fee/charge is not static, then please supply the percentage (%) value.
Surely it isn't too much to ask/expect a break down in one (1) single combined reply/post, on the items listed above, thanks
These fees etc., etc., need 100% publicly transparent. Not hush hush, behind closed doors.
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BUT you have "operational costs" listed in the T&C's!
Definition of Operating Cost(s)
Operating (Operational) costs are the expenses which are related to the operation of a business, or to the operation of a device, component, piece of equipment or facility. They are the cost of resources used by an organization just to maintain its existence.
Definition of Operational Cost(s)
Operating (Operational) costs are the expenses which are related to the operation of a business, or to the operation of a device, component, piece of equipment or facility. They are the cost of resources used by an organization just to maintain its existence.
So what "operational cost(s)" (
Cashback is calculated on theoretical RTP minus operating costs) do player get charged?
I'm asking this question because in the Affiliate T&C's (clause 4.3) it also states:
Just so where ALL on the same page... Your charging players "operating costs"... BUT your also charging affiliates "operational costs"... BOTH MEAN THE SAME THING!
Further more, if a player receives cashback, then that player MUST have played slots.
So fees relating to that slot-play is deducted to work-out how much cashback in paid.
If players are charged "operating costs" ON ALL SLOTS PLAY, then why are affiliates ALSO charged "operational costs"???
Seems from where I'm sitting, that Video Slots et al, are charging affiliates 100% of ALL their overheads etc., etc. There is no OTHER explaination as to why affiliates are reporting a 85% - 96% deduction from GGR (Gross Gaming Revenue).
Thus leaving between $4 to $15 commission, on $100 lost at VS.
If this was the status quo of the industry, we'd see these deductions across ALL affiliate programs. However that's not the case. This Modus Operandi (of insane affiliate GGR deductions) ARE ONLY taking place at Video Slots Affiliate Program!!!
Edited... needed rewording