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Wagershare Rogue Terms Update – Quota

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  • #628558
    Wagershare Rogue Terms Update – Quota

    Terms spidered on September 18th, 2012 10:51 AM

    SUMMARY: This is an older terms alert as Wagershare moved it’s terms location and the spider did not properly auto-associate the new set.

    This update shows Wagershare adding a quota to their terms (which has been enforced) to terminate affiliates. This quota is there so that they can pocket your rightful earnings.

    Marketing Rules
    4.1 Your Warranties – By applying to be registered as an Affiliate of the Affiliate Programme, You warrant that (a) the information You provide Us on registration is complete, valid and honest; (b) in the event You are a juristic person, the person submitting the application has the full right, power and authority to enter into this Agreement on behalf of such entity; (c) the execution of this Agreement by such person, and the performance by You of Your obligations and duties hereunder, do not and will not violate any agreement to which You are a party or by which You are otherwise bound and (d) Your marketing activities shall adhere to the eCogra eGap; (e) You will comply to the fullest extent with clause 6.5.1.

    Commissions – Bingo Net Gaming Revenue
    5. Commission: Calculation and Payment 5.1 Calculation of Casino, Bingo, Sports Betting and Poker Commission . for affiliates registered before February 1st 2012 You will earn Casino, Bingo, Sports Betting and Poker Commission based on: The Casino Net Win (Gross Win less Progressive Contributions (progressive games only) less bonuses awarded less Non-Cash Items less Fraud); and/or The Sports Betting Net Win (Gross Win less bonuses awarded less Non-Cash Items less fraud); and/or The Net Win generated by Second-tier Affiliates. Poker Net Rake (Gross rake less bonuses awarded less Non-Cash items less fraud). The Bingo Net Win (Gross Win less Progressive Contributions (progressive games only) plus Gross Bingo Rake less bonuses awarded less Non-Cash items less Fraud); Gross Win: the total revenue generated by the casino as a result of all purchases by players introduced to the casino by You. For Sports Betting, this is the total revenue from settled bets, placed by players introduced to Sports Betting by the Affiliate. For bingo, this is the total revenue generated by the casino plus the gross bingo rake.

    Commissions – Revenue Share
    Tier structure for Global and Danish Markets (for Affiliates who registered after February 1st 2012) the following calculations apply. 50% Revenue share for the first month Followed by 0-10 players 25% Revenue share 11-40 players 30% Revenue share 41-100 players 35% Revenue share 101+ players 40% Revenue Share

    CPA
    ). CPA Payment Plan. In accordance with the CPA Payment Plan, you will receive a one-off payment for every New Player you direct to any of our Sites. A CPA Payment will be owed and payable to you if and when a qualifying Player completes first registration on one of the Sites, deposits the minimum required amount and meets the minimum wagering activity requirements, as previously agreed upon in writing with your Affiliate Manager. Please take note of the following with regards to the CPA Payment Plan: (i) in the event of a Chargeback received against or issuance of credit to a qualifying Player, that Player will be discounted for the purpose of the CPA Plan. In addition, any CPA Payment previously made to you in respect of such a Player will be deducted from future payments to you and; (ii) A CPA Payment will be owed and payable to you in respect of a qualifying Player upon the first registration in any of our brands and the depositing of the minimum required amount, as specified in the CPA tables above. All subsequent activity by such a Player within that Site or in other Sites, inclusive of playing different games in that Site, in other Sites or on different gaming platforms (for example, playing Poker after Casino games), will not warrant any payment to you. A CPA Payment will be made to you as a one-off payment for each qualifying Player, regardless of the number of Sites and/or number or type of games played by that Player. – We do not pay for incentivised traffic in any form and we do not pay for schemes where a Player is given part of the CPA as an incentive or any roulette playing schemes or casino systems where players are advised on how to play to beat the casino. – We do not pay for CPA players sent via Brand bidding as set out in term 4.13 – We do not pay for duplicate players i.e. a Player who already exists within The Palace Group or The Betway Group and is located in our system. Such a Player will automatically be filtered out and consequently, the statistics we rely upon when paying for the campaign are the statistics found via our extranet. – Wagershare holds the right to refuse to pay for any Player and/or traffic that they deem to be abusive as per the terms and conditions of WagerShare.

    Payment Method Change
    5.3.3 You will not be able to update or, in any way, change Your payment details in Your WagerShare account during the 5 (five) working days prior to the Pay Date and any attempts by You to make such changes during this 5 working day period prior to the Pay Date will be deemed invalid and such changes will not be applied. To ensure Your payments are processed, it is Your sole responsibility to ensure that You have the entered Your correct payment details 5 (five) working days prior to the Pay Date.

    Minimum Activity Rule
    5.4.8 Please note, this term is only applicable to Affiliates who accept these Terms and Conditions after August 1st 2012. If You do not send an active depositing player within a 3 month period, Your Commission will drop to 10% per calendar month. Should the amount of depositing players increase to one or more after which your Commission is reduced, your Commission will revert to back 25% from the date in which the active depositing player was sent.

    Territory Restrictions
    6.5.1 By entering into this Agreement you undertake that you, or any Second Tier Affiliate will not: (i) actively (i)actively target Customers located in France, Greece and/or Belgium including, but not limited to, sending Customers correspondence, the use of bannering, off-line advertising and direct marketing and (ii) send WagerShare or any of its Merchant casino sites any French, Greek and/or Belgium traffic or players from a .fr fr, a .gr and/or a .be based domain (ii)target Customers located in the USA including, but not limited to, sending Customers correspondence, the use of bannering, off-line advertising and direct marketing and send WagerShare or any of its Merchant casino sites any traffic from the USA or players from a .us based domain.
    SUMMARY: Wagershare have used this term on affiliates already and continue to have a history of locking TONS of player accounts (really high percentage). Steer clear of this group! To read more: http://www.affiliateguarddog.com/forums/wagershare-makes-several-predatory-moves-has-become-rogue-operation-t4995.html

    More…

    #828094
    Captainette
    Member

    Fyi: The minimum player quota has also been retroactively applied to affiliate contracts that were signed up prior these changes.

    #828128
    bosshoggs
    Member

    Hey Andy:

    Thanks for the update on this.

    Since Wagershare is a listed program partner with the CAP Directory, we’re in the process of connecting with them regarding this change to get further updates. More to follow…

    #828159
    Anonymous
    Inactive

    Ok, so according to WagerShare, these terms are NOT retroactive:

    We actually haven’t changed the terms and conditions, we have just added to them for new affiliates.

    WagerShare

    The above are the oldest terms listed on archive.org and point 4 refers to active affiliates, and is currently listed in the live terms as 5.3.6

    The other term 5.4.8 only applies to affiliates who signed up from August 2012, and no one before.

    I am not a direct WagerShare affiliate so could someone please confirm this?

    #828161
    Anonymous
    Inactive

    We have gone back and see the rule was there back in 2004 via the Wayback but since they are now enforcing this against several affiliates they have been marked rogue. Other then that it does not matter when they added the min player rule fact is it’s predatory and therefore they are marked predatory.

    Also many affiliates do not know that there is a 6 month hold on payments from players that self exclude themselves, to which there are so many it seems almost suspicious.

    I myself was also put down from 35% to 25% for what they call lack of new players when actually I sent them quite a few new players each and every month now for years!! I think they were saying 1 player in a month was not good enough or something who know but fact is they are getting really damn shady!

    There is also a few who voiced concerns about that Wagershare cross marketing players to their other brands without giving the original referring affiliate credit.

    There are many threads at AGD where many webmasters have come forward with legit complaints against this company, I understand they are a partner here on CAP but I am and always been flat out honest about my dislike of affiliate programs bulling and holding earnings against affiliates.

    #828166
    wally1000
    Member

    i have good connections … i knew from january this program will make problems to affiliates …. and there is another (big affiliate program which has problems, they are removed from my site now, i can`t named yet … they might resolve their in-house problems, …. anyway i can`t name that program yet …

    #830336
    gokken
    Member

    @bonustreak 244859 wrote:

    I am and always been flat out honest about my dislike of affiliate programs bulling and holding earnings against affiliates.

    Unless it’s you buddy Renne from Reward Affiliates and her employer Casino Rewards, then these high moral virtues you speak of, well they take a break, and leave the building!

    #830337
    wbprofits
    Member

    @JillO 244811 wrote:

    Hey Andy:

    Thanks for the update on this.

    Since Wagershare is a listed program partner with the CAP Directory, we’re in the process of connecting with them regarding this change to get further updates. More to follow…

    any update on this ?

    #830627
    CremnentDut
    Member

    Is there any latest updates for the latest online casino affiliates?

Viewing 9 posts - 1 through 9 (of 9 total)