Guts Affiliates - Strange Commission Deductions

[AussieDave]

I've heard good things about Guts Casino from players and thought I'd joint their affiliate program. However after reading their T&C's, I don't think it's worth it!

Commission structure:

Commissions are paid out as a % of Net Revenue. Net revenue is defined as:
Revenue from games (bets - wins) - 15 % admin fee - Bonuses paid out – transaction costs

This part really doesn't make sense:
Bonuses are calculated as bonuses paid to the customer, not bonuses granted the customer. The difference being bonuses paid is bonus money where the customer have actually reached the wagering requirement, and received the funds to his real money wallet.

Referencing the above commission deductions:

Revenue from games (bets - wins) - 15 % admin fee - Bonuses paid out – transaction costs

I read this... A bonus, whether it's withdrawn or lost back to the casino, will be treated as "paid out" and thus deducted from Gross Gaming, along with transaction costs(?) and a 15% admin fee.

EG - PlayerA received a $100 but loses it back to the casino. Neither casino or player has gained nor lost $100. Yet it seems Guts Affiliates are going to deduct all bonuses regardless if the players withdrawals it or loses it back.

Add in the 15% Admin Fee and the Transaction Costs(%?) and their 25% base soon dissolves into, not worth promoting them.

 

[kazinoportal]

I've heard good things about Guts Casino from players and thought I'd joint their affiliate program. However after reading their T&C's, I don't think it's worth it!

Commission structure:

Commissions are paid out as a % of Net Revenue. Net revenue is defined as:
Revenue from games (bets - wins) - 15 % admin fee - Bonuses paid out – transaction costs

This part really doesn't make sense:
Bonuses are calculated as bonuses paid to the customer, not bonuses granted the customer. The difference being bonuses paid is bonus money where the customer have actually reached the wagering requirement, and received the funds to his real money wallet.

Referencing the above commission deductions:

Revenue from games (bets - wins) - 15 % admin fee - Bonuses paid out – transaction costs

I read this... A bonus, whether it's withdrawn or lost back to the casino, will be treated as "paid out" and thus deducted from Gross Gaming, along with transaction costs(?) and a 15% admin fee.

EG - PlayerA received a $100 but loses it back to the casino. Neither casino or player has gained nor lost $100. Yet it seems Guts Affiliates are going to deduct all bonuses regardless if the players withdrawals it or loses it back.

Add in the 15% Admin Fee and the Transaction Costs(%?) and their 25% base soon dissolves into, not worth promoting them.

I did not notice that, but starting from today i will take care for GUTS T&C and all other brands that i promote

Thanks for sharing

 

[jopaa]

I have a login problem since I've registered my account. My password are only valid for one log in and after that I need to recover. Since last year they've never solve it so it seems that their customer support have some problems too.

 

[mgbonus]

It only applies to bonuses that have been converted to real money after a player wagers their bonus through.
And if I remember it right, after it's being converted to "bonuses paid out" and the player loses it back, it's added to gross revenue.
I hope this helps

 

[baldidiot]

Makes sense to me - just takes the bonus out of the equation so it's not included in the rev.

Eg: If somebody deposits £100 and has a £100 bonus, they will have a balance of £200. If the player busts, there bets-wins would be £200. So then you take the bonus off (ie: £200 - £100) to get £100 which is their deposit.

If they didn't do this, they'd effectively be paying commissions on the bonus.

 

[AussieDave]

If they didn't do this, they'd effectively be paying commissions on the bonus.

While I agree they shouldn't pay commission on the bonus, the problem is that some casinos, especially with the way these terms read, is that ALL bonuses (lost or withdrawn) will be treated as a loss.

• PlayerA deposits $100 and received a $100 bonus. Now has a $200 bankroll.
• PlayerA loses the entire bankroll of $200.

Where this type of term becomes unclear and open to abuse by the casino/affiliate program, is where the $100 deposit is included in Gross Gaming Revenue BUT the bonus is not and is deducted from GGR.

What should happen is the total $200 is part of the GGR and then the $100 can be rightfully deducted from GGR. In which case, neither the player or the casinos is up or down $100, the slate is squared back to $0 on this bonus.

Using any other method to calculate commission earnings, on lost bonus(es), means (using this example), the $100 bonus is not being added to GGR and is being deducted as a loss instead. Which is not the case at all.