Roxy Affiliates add High Roller Policy

Guard Dog

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<p>Following an ever-increasing trend, Roxy Affiliates have added a high roller policy to their terms and conditions which now allows them to carry over negatives in the event a player wins $10,000 or more.</p>
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<div class="termstitle">REMOVED TERM, Commissions, Negative Carryover</div>
<p><img src="https://www.affiliateguarddog.com/terms-changes/images/quotes.jpg" alt="" /></p>
<p>5.4 <span style="text-decoration: line-through; color: red;">Negative earning are NOT carried forward and the Affiliates will begin each month on a zero balance.</span> Should the Affiliates close the month with a positive balance, commissions will be paid on the positive balance. Should the Affiliates close the month with a negative balance, this balance will NOT be carried forward to the next month, unless the negative balance is a result of a charge-back as described above <span style="background-color:#77DE4E;">or in the case of the high roller policy application</span>. (see point 5.7) </p>
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<p>5.7 <span style="text-decoration: line-through; color: red;">All payments will be made in US Dollars.</span> <span style="background-color:#77DE4E;">High roller Policy a. In any given month, if an individual player generates a negative net win of at least $10,000 (’high-roller’), and the aggregate net win in that month (for the casino) for that affiliate is negative $2,000 or greater, then the high-roller policy will apply. b. If both of the above criteria are met (see point a) then the negative net win generated by the high-roller will be carried forward and offset against future net win generated by that high-roller. c. The negative balance carried forward cannot be set-off against other players’ net win. d. The negative balance carried forward cannot be greater than the total aggregate negative net win for the affiliate, for that month. e. If there is more than one high-roller, the negative balance carried forward will be split proportionally between them. f. The negative balance of a high-roller will be reduced by future positive net win that they generate in subsequent months. A negative balance will not be increased by future negative net win unless the high-roller meets the qualifying criteria in subsequent months. (see point a) g. High Roller carry over when applicable will be clearly displayed within the financial report of the affiliate account.</span></p>
<div style="float:right;"><img src="https://www.affiliateguarddog.com/terms-changes/images/quotes.jpg" alt="" /></div>
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<div class="termssummaryinternal"><span class="spnTermsSummary">Summary:</span><span class="spnsummtxt">This high roller policy is becoming more and more prevalent in T&C’s these days and I would expect to see it even more. If you do not want a high-roller policy, you will want to avoid places like Roxy Affiliates.</span></div>
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Roxy Affiliates add High Roller Policy
 
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dominique

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They are tightening belts.

Particularly Micros.
 

Guard Dog

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I think it is really more that each program is seeing the GPWA thread where some people are 'ok' with this term. Since there is no uproar, why wouldn't they implement it? it saves them money.
 

dominique

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It is supposed to be a solution for programs that already have negative carry overs. It eases the burden on everyone - IF you trust the program with your high Roller.

Suddenly adding a negative carryover with that clause attached is breach of contract if you signed up for no negative carryover.
 

Guard Dog

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It is supposed to be a solution for programs that already have negative carry overs. It eases the burden on everyone - IF you trust the program with your high Roller.

Suddenly adding a negative carryover with that clause attached is breach of contract if you signed up for no negative carryover.

I completely agree with your point on this one. Do you (or anyone else) have a contact at Roxy I can talk with about this issue?
 
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