Revenue Network introduce "Big Winner" Policy

[KasinoKing]

Probably MY fault, so I thought it only right that I announce it to the forum!

From this month Revenue Network have added this new policy to their T&Cs:
6.7 In any given month, if an Affiliate Player generates a negative net revenue of at least $10,000, he/she will be considered to be, for the purposes of this section, a ‘Big Winner’ and will be bound to the Big Winner Policy.

• If the aggregate Net Revenue for the Affiliate, in that month, for a Client’s Brand is negative $2,000 or greater, then the Big Winner Policy as set out hereunder, will apply:
  • The negative Net Revenue generated by the Big Winner will be carried forward and offset against future Net Revenue generated by that Big Winner;
  • The negative balance carried forward cannot be set-off against other Affiliate Players’ Net Revenue;
  • The negative balance carried forward cannot be greater than the total aggregate negative Net Revenue for that particular Brand on the Affiliate account, for that month;
  • The negative balance of a Big Winner will be reduced accordingly by future positive Net Revenue that they generate in subsequent months;
  • A negative balance will not be increased by future negative Net Revenue unless the Big Winner meets the qualifying criteria in subsequent months.
• The Big Winner Policy will only be applied to Commissions generated on a Revenue Share basis (including the Revenue Share portion of a Hybrid deal, if applicable) and with ‘No Negative Carryover’.

I suspect I may have had something to do with it because one of my players got very lucky in September and won $123,000 in one day!
(By the end of the month, the NGR was -$99,000)

KK

 

[admin]

The Affiliate Management team has been notified of the new post.

 

[admin]

A reminder is sent to all affiliate managers.

 

[Strider1973]

I think it's OK to have such a highroller policy, it's much better for us affiliates than a general NCO policy.

 

[admin]

The Affiliate Management team has been notified of the new post.

 

[admin]

A reminder is sent to all affiliate managers.

 

[AussieDave]

I'd rather have a High Roller (big winner) policy, than NCO, that's for sure

 

[admin]

The Affiliate Management team has been notified of the new post.

 

[Frank]

Pretty standard, never made sense for the casino to lose or lose with NCO even if the player played the money back

 

[admin]

The Affiliate Management team has been notified of the new post.

 

[abc]

Just had 2 big winners last month. Apparently this does not apply to Bovada

 

[admin]

The Affiliate Management team has been notified of the new post.

 

[abc]

Probably MY fault, so I thought it only right that I announce it to the forum!

From this month Revenue Network have added this new policy to their T&Cs:
6.7 In any given month, if an Affiliate Player generates a negative net revenue of at least $10,000, he/she will be considered to be, for the purposes of this section, a ‘Big Winner’ and will be bound to the Big Winner Policy.

• If the aggregate Net Revenue for the Affiliate, in that month, for a Client’s Brand is negative $2,000 or greater, then the Big Winner Policy as set out hereunder, will apply:
  • The negative Net Revenue generated by the Big Winner will be carried forward and offset against future Net Revenue generated by that Big Winner;
  • The negative balance carried forward cannot be set-off against other Affiliate Players’ Net Revenue;
  • The negative balance carried forward cannot be greater than the total aggregate negative Net Revenue for that particular Brand on the Affiliate account, for that month;
  • The negative balance of a Big Winner will be reduced accordingly by future positive Net Revenue that they generate in subsequent months;
  • A negative balance will not be increased by future negative Net Revenue unless the Big Winner meets the qualifying criteria in subsequent months.
• The Big Winner Policy will only be applied to Commissions generated on a Revenue Share basis (including the Revenue Share portion of a Hybrid deal, if applicable) and with ‘No Negative Carryover’.

I suspect I may have had something to do with it because one of my players got very lucky in September and won $123,000 in one day!
(By the end of the month, the NGR was -$99,000)

KK

DO you have a link to this. Have 3 guys with over like 25k each in winnings this month, and hopefully something can be done , this will hurt for a few months if not

 

[KasinoKing]

DO you have a link to this. Have 3 guys with over like 25k each in winnings this month, and hopefully something can be done , this will hurt for a few months if not

Hmmmm... I can't find their T&Cs now!

The link on their website to the T&Cs is this: http://www.bumbetaffiliates.com/tc-en/
Bum Bet Affiliates???
And in any event, that URL is not valid.

You will have to contact them to ask where they are hiding their terms now...

KK

 

[Kadabra]

I assume you will see them fenced from tomorrow.

 

[bonustreak]

https://www.revenuenetwork.com/terms-of-service

Works for me