OMG Affiliates Wrong Stats

[preditor]

I think these calclulations are close to the truth @preditor. I will check with a friend of mine that owns a casino (if there is anything missing or if these numbers are correct)

I had a whitelabel a decade ago and it failed do the greed by the whitelabel provider (not softswiss).
The brakedown of costs was that netent charged a 15% bonus cost of the bonus amount. For example; 100€ deposit + 100€ bonus = 15€ bonuscost. However, our agreement was that we pay 100% of the bonuscost that is the whole 15€ to netent, but the provider charged us 100% of the total bonus amount the player recived.

This ment, the whitelabel provider made money of costs, by charging 100€ instead of 15€ - enabling then to profit 85€ for thin air!

This is why, no matter what costs the operators has, the very procentages can be missudes to profit the operator / casino / affiliate program more than what it looks and sounds like.

 

[Symmetry]

I got a reply:

Payment costs: 21%
Provider costs: 12% (special price)
Bonus costs: 15%
Affiliate costs: 31%

 

[preditor]

I got a reply:

Payment costs: 21%
Provider costs: 12% (special price)
Bonus costs: 15%
Affiliate costs: 31%

79% - we were kind of right both of us!
I belive affiliate cost is the affiliate platform cost plus the sallery of the ams etc.

Insane numbers how ever they are viewed at!

 

[Symmetry]

Yeah i guess then if you got a deal 30% RS for example you get also 30% of the admin fee or something. Im not sure what expenses are included on an admin fee though. All or some?

 

[Symmetry]

I mean you should get 30% of 79% right?

 

[Symmetry]

No updates here. For me the case is closed and their admin fee is 85%. When i ask them if that is their admin fee for all affiliates, i get not reply.

 

[Symmetry]

Hey @MissExposé can we mark this case as unserolved please? I never got any reply on why the fees are so big or if that applies to all affiliates (it seems it does). Also should't that program be under Low Revshare Warning? It would have helped me if it was when i started with them

 

[AussieDave]

If a program wants to be shady, it can be. If program/operator chooses to steal, they can.

They hold ALL the aces.

Only thing affiliates can do, is not work with crooks like this

 

[Symmetry]

Yeah Dave! with 85% admin fee, there is not even a point of trying....