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BetUS has a brand new affiliate website. With that website comes a few changes to the existing terms and conditions. All changes are outlined below.
TERMS UPDATE, Referrals, Self-Referral
9. Self Referral: Affiliates are permitted to establish player accounts a player account with our client properties BetUS and wager real money on any game offered. However, BetUS policy prohibits affiliates from registering these accounts with the their player account under their ownaffiliate sheet.
Commissions will be not paid out for their activity and the player account will be removed from their affiliate sheet. In this manner, affiliates are restricted from earning commission from their own wagering.
Not only will there not be any commissions paid out to affiliates for such activity but said player account will be removed from your affiliate sheet. In this manner, affiliates are restricted from earning commission revenue from their own wagering.
TERMS UPDATE, Referrals, Sub-Affiliates
To receive credit for Sub-Affiliates, you must register them through the BetUS Partners Site or through your Affiliate Manager. In order to be clear, YOU WILL ONLY RECEIVE CREDIT FOR SUB-AFFILIATES THAT YOU SPECIFICALLY REGISTER UNDER YOUR SHEET. Any person registered as an Affiliate cannot subsequently be reclassified as a Sub-Affiliate. Under no circumstances are you allowed to (i) register yourself as your own Sub-Affiliate; (ii) use fictitious or alias names for the registration of Sub-Affiliates; or (iii) offer any type of enticement of monetary value or otherwise to potential Sub-Affiliates unless such enticements are approved by us.
Sub-Affiliates will be reviewed and accepted or rejected at the discretion of the Affiliate Program Management.
In addition to the Affiliate Fee for Players you refer; you will also receive, subject to the agreed upon payment plan and rate, 5% off of your Sub-Affiliate’s commissions. This amount will be cumulative if minimum for payment would not be met by end of month.
Sub-affiliate commission will not be subject to negative carryover. If minimums are reached, it will still be paid even when regular Affiliate commissions don’t reach the minimum.
TERMS UPDATE, Commissions, FEES
BetUS and other sister brands may include processing and/or networking fees in commission calculations depending on the platform and payment method.
TERMS UPDATE, Commissions, Negative Carryover
Negative earnings are not carried forward to the next month in the Sportsbook, Casino and Racebook. This does not apply to our poker channel. Should the affiliate close the month with a positive balance (profit), payment will be issued to the method selected if it meets the minimumrequirements and commissions will be paid on the positive balance threshold.
TERMS UPDATE, Commissions, Net Revenue Plan
The net revenue plan (25-35% net revenue) commissionable earnings will be earned for the life of the customer, on all transactions the customer undertakes a contributing to the merchant affiliates monthly NGR, for as long as the affiliate remains a member of this affiliate program and actively promotes BetUS according to the following:
1. You will be paid commissions for the lifetime of your player as long as you refer at least 5 legitimate depositing players during each 3 month rolling period. If any 3-month time period should lapse in which you do not refer at least 5 players, you will forfeit the right to any future commissions on players referred previously and your affiliate account will be closed. Your affiliate manager is always available to help you develop a plan for success, and exceptions can be made at the manager’s discretion.
TERMS UPDATE, Commissions, Payment Date
Affiliates are paid commissions once per month and we process the payment on the 15th of the following month. We send commission statements around the 15th of the following month and continue to process payments until the end of that month. Payments are expected for delivery approximately 2 weeks after processing is completed. Payments are effected by Neteller, Check, Debit Card, Moneybookers, Bank Wire and into a Sportsbook or Poker account. It is the responsibility of the affiliate to select the method of payment. Unless otherwise stipulated all payments will be made by Check.
TERMS UPDATE, Marketing, Trade Name usage
Affiliates are restricted from incorporating the “BetUS” trade name or any variation there of in any social networking site (Facebook, MySpace, Friendster, LinkedIn and Twitter). This includes profile name, display name or social networking domain.
TERMS UPDATE, Modifications, Terms Modifications
NO MODIFICATIONS, ADDITIONS, DELETIONS OR INTERLINEATIONS OF THIS AGREEMENT ARE PERMITTED OR WILL BE RECOGNIZED BY US. None of our employees, officers or agents may verbally alter, modify or waive any provision of this Agreement.
TERMS UPDATE, Terminations, Rights and Final Payment
Term Termination The term of this Agreement will begin when you download linking code and link it to our site register as an affiliate by completing the online form. The relationship between merchant and affiliate will be continuous unless and until either party notifies the other in writing that it wishes to terminate the Agreement, in which case this Agreement may be terminated immediately. TERMINATION IS AT WILL, FOR ANY REASON, BY EITHER PARTY.
We may withhold your final payment for a reasonable time to ensure that the correct amount is paid. If you have failed fail to fulfill your obligations and responsibilities, we will not pay you the referral fees otherwise owing to you on termination We may withhold your final payment for a reasonable time to ensure that the correct amount is paid.
Summary:There is nothing special about most the modifications as they say the exact same thing with different wording
However – the 2 that are shown as ‘warning’ are different. For example: What are ‘networking fees’ which will now be deducted from affiliate payout? And now their employees can change the contract, according to the document (but not according to law), now that they have changed it already Interesting terms draft.
BetUS change affiliate website and terms
TERMS UPDATE, Referrals, Self-Referral
9. Self Referral: Affiliates are permitted to establish player accounts a player account with our client properties BetUS and wager real money on any game offered. However, BetUS policy prohibits affiliates from registering these accounts with the their player account under their ownaffiliate sheet.
Commissions will be not paid out for their activity and the player account will be removed from their affiliate sheet. In this manner, affiliates are restricted from earning commission from their own wagering.
Not only will there not be any commissions paid out to affiliates for such activity but said player account will be removed from your affiliate sheet. In this manner, affiliates are restricted from earning commission revenue from their own wagering.
TERMS UPDATE, Referrals, Sub-Affiliates
To receive credit for Sub-Affiliates, you must register them through the BetUS Partners Site or through your Affiliate Manager. In order to be clear, YOU WILL ONLY RECEIVE CREDIT FOR SUB-AFFILIATES THAT YOU SPECIFICALLY REGISTER UNDER YOUR SHEET. Any person registered as an Affiliate cannot subsequently be reclassified as a Sub-Affiliate. Under no circumstances are you allowed to (i) register yourself as your own Sub-Affiliate; (ii) use fictitious or alias names for the registration of Sub-Affiliates; or (iii) offer any type of enticement of monetary value or otherwise to potential Sub-Affiliates unless such enticements are approved by us.
Sub-Affiliates will be reviewed and accepted or rejected at the discretion of the Affiliate Program Management.
In addition to the Affiliate Fee for Players you refer; you will also receive, subject to the agreed upon payment plan and rate, 5% off of your Sub-Affiliate’s commissions. This amount will be cumulative if minimum for payment would not be met by end of month.
Sub-affiliate commission will not be subject to negative carryover. If minimums are reached, it will still be paid even when regular Affiliate commissions don’t reach the minimum.
TERMS UPDATE, Commissions, FEES
BetUS and other sister brands may include processing and/or networking fees in commission calculations depending on the platform and payment method.
TERMS UPDATE, Commissions, Negative Carryover
Negative earnings are not carried forward to the next month in the Sportsbook, Casino and Racebook. This does not apply to our poker channel. Should the affiliate close the month with a positive balance (profit), payment will be issued to the method selected if it meets the minimumrequirements and commissions will be paid on the positive balance threshold.
TERMS UPDATE, Commissions, Net Revenue Plan
The net revenue plan (25-35% net revenue) commissionable earnings will be earned for the life of the customer, on all transactions the customer undertakes a contributing to the merchant affiliates monthly NGR, for as long as the affiliate remains a member of this affiliate program and actively promotes BetUS according to the following:
1. You will be paid commissions for the lifetime of your player as long as you refer at least 5 legitimate depositing players during each 3 month rolling period. If any 3-month time period should lapse in which you do not refer at least 5 players, you will forfeit the right to any future commissions on players referred previously and your affiliate account will be closed. Your affiliate manager is always available to help you develop a plan for success, and exceptions can be made at the manager’s discretion.
TERMS UPDATE, Commissions, Payment Date
Affiliates are paid commissions once per month and we process the payment on the 15th of the following month. We send commission statements around the 15th of the following month and continue to process payments until the end of that month. Payments are expected for delivery approximately 2 weeks after processing is completed. Payments are effected by Neteller, Check, Debit Card, Moneybookers, Bank Wire and into a Sportsbook or Poker account. It is the responsibility of the affiliate to select the method of payment. Unless otherwise stipulated all payments will be made by Check.
TERMS UPDATE, Marketing, Trade Name usage
Affiliates are restricted from incorporating the “BetUS” trade name or any variation there of in any social networking site (Facebook, MySpace, Friendster, LinkedIn and Twitter). This includes profile name, display name or social networking domain.
TERMS UPDATE, Modifications, Terms Modifications
NO MODIFICATIONS, ADDITIONS, DELETIONS OR INTERLINEATIONS OF THIS AGREEMENT ARE PERMITTED OR WILL BE RECOGNIZED BY US. None of our employees, officers or agents may verbally alter, modify or waive any provision of this Agreement.
TERMS UPDATE, Terminations, Rights and Final Payment
Term Termination The term of this Agreement will begin when you download linking code and link it to our site register as an affiliate by completing the online form. The relationship between merchant and affiliate will be continuous unless and until either party notifies the other in writing that it wishes to terminate the Agreement, in which case this Agreement may be terminated immediately. TERMINATION IS AT WILL, FOR ANY REASON, BY EITHER PARTY.
We may withhold your final payment for a reasonable time to ensure that the correct amount is paid. If you have failed fail to fulfill your obligations and responsibilities, we will not pay you the referral fees otherwise owing to you on termination We may withhold your final payment for a reasonable time to ensure that the correct amount is paid.
Summary:There is nothing special about most the modifications as they say the exact same thing with different wording
BetUS change affiliate website and terms