Njord Affiliates AGD Audit Report

Do You Work With Njord Affiliates?

  • Yes - and I'm happy

    Votes: 0 0.0%
  • Yes - but after this audit, I will consider lowering exposure

    Votes: 0 0.0%
  • Yes - and after this audit, I will consider increasing their exposure

    Votes: 0 0.0%
  • No, and I won't try them

    Votes: 2 100.0%
  • I may consider giving them a go

    Votes: 0 0.0%
  • I will definitely give them a go

    Votes: 0 0.0%

  • Total voters
    2

Guard Dog

Guard Dog
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Hello AGD community,

Today we present to you the real revenue share audit report for Njord Affiliates.

They have Koi Casino as one of their brands.

Affiliate Reporting Platform: MyAffiliates

Admin fee figure found in terms and conditions/or on website:
Exact admin fee % is not stated in the affiliate program T&C

“"Net Revenue" Shall mean in relation to casino, all monies received by the Operator from New Customers in relation to casino activities less (a) monies paid out to New Customers as winnings, (b) bonuses and/or loyalty bonuses, (c) administration fees, (d) fraud costs, (e) chargebacks, (f) returned stakes (g) monies paid out as duties or taxes (h) jackpot contribution and (i) any commissions/fees due to third parties for providing/licensing games and/or games software; and For the avoidance of doubt, all amounts referred to above are only in relation amounts generated from New Customers referred to the Brand(s) by the Affiliate Website(s). Net Revenue is calculated daily and combined into monthly Net Revenue.”


Test signup and deposit is made from the Country ‘Serbia’.
Date of deposit: 10 June 2024

Affiliate Reporting Platform.png


We deposited €25 via BTC without a welcome bonus since it is not allowed for crypto deposits.
Cashier.png

Bonus Rules.png


Balance of €24.65 is received at the casino and we started playing some slots:
Game 1.png


Game 2.png


Game 3.png


Eventually, we lost all the funds and checked the earnings report:
Stats.png

For the deposit of €24.65 via BTC the Net Gaming Revenue was €12.07
Our earnings should be 50% of NGR which is €6.04

To summarize, the Effective Net Gaming Revenue (the amount of money deposited and lost) is 12.07/24.65= 49%.

Finally, multiply the advertised revenue share rate with the Effective NGR to see your real revenue share rate, e.g:
  • 25% = 12.25 %
  • 30% = 14.70 %
  • 35% = 17.15 %
  • 40% = 19.60 %
  • 45% = 22.05 %
  • 50% = 24.50 %
 

AussieDave

24 years & still going!
Joined
Nov 28, 2013
Messages
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Reaction score
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So for a BTC deposit of €25 (no bonus because of location)...
  1. Your charged a €0.25 fee on your €25 BTC deposit - Cost = €25.25
  2. However, when you commence play, your credit is ONLY €24.65
  3. Actual fact you've been charged a depositing fee of €0.60
The player gets shafted, and the affiliate also gets shafted.

When you think you've seen it all o_O:eek::rolleyes: another crook surfaces!

Edit:
They're charging for deposits, then they'll likely scam players/affiliates for withdrawals too.

Reminds me of FastPay Casino. I was a VIP and won AU$35K. To get paid the full amount, they stolen a 10% processing fee, which was AU$3,500 of my winnings. Scum bags.

Njord Affiliates = affiliate program clip-joint
 
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