Betting Partners - How do YOU get paid?

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Mad Dog

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My Bitcoin payment came in at $693. A 23% drop from the first. If you do not know anything about currency exchanges. I worked for one as a summer intern back in college. A large company will not wait until payments are due to purchase Bitcoins. They will hedge the currency by buying options at least a month in advance. Most likely (pure spec based on experience) Betting Partners purchased these coins over 30 days ago at less than $500 each. That is part of why I am upset. I know the currency system and what happened to affiliates should never have happened.
Again, I like Bovada and I have been very happy with Betting Partners up until now. I would like to stay an affiliate for them but from what I have seen. I will just leave up the links I have but putting up new links for them would be a waste of time.
 

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abc

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Is anyone still waiting for payment ?
Mine hasnt come yet, wondering if they all went out at once
 

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RyanWeb

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On June 10th the Bitcoin rate was $579. Think how much money they made this weekend by not paying us on time.

You are correct. Had they paid me on the 10th I would have about 2k more in coin value. Now it seems they will pay high and we don't know if these newly higher rates will fall back very soon.
 

casinonewbie

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Is anyone still waiting for payment ?
Mine hasnt come yet, wondering if they all went out at once
No payment for us also, looks like Betting Partners are playing funny games with us.
 

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RyanWeb

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I was told in an email all payments should be completed by the 15th...
 

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slotplayer

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I think he means the price of the bitcoin at the time they send his money.
He actually made money because the price of the bitcoin is $685.80
 

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slotplayer

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The Electrum wallet lets you add a text field (label) to the address you use to receive the coins.
I put the program name and amount of the commission in usd in the label, then you can easily see if those coins have gone up or down in value.
 

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RyanWeb

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To be clear. I was owed (let's just say) 11k, almost 16 coins. I got paid the full 11k at $682 (the price of the coin currently) had they paid on the 10th I would have had closer to 19 coins, because the exchange rate is way different today. (Just estimated numbers - posting from my phone.)

I think to ensure no one is trying to game the market, programs that payout into btc need to be held to a higher standard when it comes to late (future) payments. It's their first month so okay. I'll give a pass, but if they have a deadline and pass it, this could be seen as very unfair to affiliates. It would be like the affiliate program being able to decide when the month ends for our commissions. We accept what we are owed at midnight on the last day of the month. If the program got to chose when the month ended, it wouldn't be seen as fair. If that makes sense?
 
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KasinoKing

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I still haven't sorted out my BitCoin payment for May's commission - but hope to have it in place for June's.

At the end of the day, if I've earned say $1,500, but end up getting say $1,300 or $1,700 - I ain't going to complain either way. It's swings & roundabouts and I'm just grateful to be earning anything at all in today's tough market.

KK
 

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Casino-Matt

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Well they have paid out for Ignition but it took them two attempts as they only paid half the payment first time round.

Still not been paid out for Cafe casino earnings from April. And they have gone cold replying to emails.
 

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AussieDave

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Revenue Network (formerly Betting Partners)
INFO

  1. AGD Terms Certification:
    Terms Predatory
  2. Have Retroactively Changed T&C's?
    No
  3. Have Negative Carryover?
    Yes
  4. Are Casino Earnings Bundled?
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  5. Missing Admin Fee:
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  6. Ambiguous Termination Clause:
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  7. T&C updates not emailed:
    No

AGD REPRESENTATIVE

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AGD AUDIT RESULTS

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35% = 28%
40% = 32%
45% = 36%

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