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New Earnings Scheme at Fortune Affiliates!!

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Viewing 15 posts - 1 through 15 (of 15 total)
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  • #701991
    Anonymous
    Inactive

    Another first for Microgaming :) Well spotted Prof….just in time for Vegas. Dejá vu ;) Actually the second I saw your thread title I was thinking “oh God what now?”. Lol.

    #701996
    vladcizsol
    Member

    Oh boy more fun…

    Quote:
    Gross Gaming Revenue
    – Non-Cash incentives
    – Operating Costs (Progressive contributions, license fees, finance charges)
    – Chargebacks
    = Casino Profit

    What EXACTLY are Non-Cash incentives?????

    And the festivities continue…

    Quote:
    A New Active Account is a player that has opened an account, purchased and wagered witin the current month.

    So… if a player signs up on the 30th but doesnt deposit until the 2nd is that player counted????

    Quote:
    Casino Profit is simply the sum of all player profits regardless of which Fortune Lounge casino they played at.

    Bundling is back….

    :turkey: :turkey: :turkey:

    I hate Mondays….

    #702010
    Anonymous
    Inactive

    Will this group ever stop trying to find new ways to pay their affiliates less?? sneaky2.gi

    #702017
    Anonymous
    Inactive

    Worth noting that the commissions are 40% / 50% and 60%. Remind me….what’s 40% of nothing again? ;)

    #702037
    Anonymous
    Inactive

    :withstupi Are they serious?

    #702039
    Anonymous
    Inactive

    I’m curious to know whether or not the revenue from all casinos are thrown into one basket along with carrying over negatives, multiplying the chances of a negative balance.

    #702052
    vladcizsol
    Member

    According to the details of the new scheme yes all casinos are bundled so yes your chances of a negative balance wreaking havoc with earnings is significant.

    #702326
    Anonymous
    Inactive

    Profit share is a true partnership model, in other words we share the risks of wins and we share in the joy of profits.

    With regards the various questions posed:

    • Non-cash incentives are the same as comps i.e. the free money we give out for promotions
    • A player who opens an account and then purchases the following month will not be counted towards the % tier for the month they registered in – i.e 40% / 50% / 60% – for the simple reason that we need to end the month somewhere (last day of the month) in order to calculate the % tier. But all contributions of the player most definitely contribute to the affiliate’s commission
    • In respect of all profits being grouped together – that is correct, but if you are earning 60% of the pie then that should surely be incentive enough

    The terms and conditions are transparent and affiliates are more than welcome to ask questions.

    The whole reason that this earnings model was devised was:

    1. To be innovative and offer affiliates the potential to earn more than almost any other program out there.
    2. How do we reward our affiliates higher returns (especially when bringing in higher volumes of players) without breaking the bank?

    Simply put the answer is to offer higher percentages but share the risk more evenly. And this is what we have done.

    #705400
    Anonymous
    Inactive

    I signed up with them ages ago and forgot what the revenue tiers for their classic share are.
    Now I started to promote them and refered players. Can sombody tell me the tiers please? Couldn´t find them on their site.
    Clicking on the 25% in the stats redirects to their start page.

    #705572
    Anonymous
    Inactive

    Just stay away from the wager share model – ive had almost 3k in deposits so far this month and earned a whopping $62

    #705580
    Anonymous
    Inactive

    Hi offsuit – how do you know the deposit amounts? I’ve had wagershare for quite sometime now and never have access to the deposit amounts, plus I’ve made money every month on the wagershare program. $62 is only 2% of the 3k in deposits meaning they will lose their entire bankroll by their 4th bet. I would find that very suspicious. I wasn’t aware we were able to see the deposit amounts on the wagershare model.

    #705585
    Anonymous
    Inactive

    hey voovoo on the main page after logging in go to under where it says website maitnence and upgrades , then click where it says Should you require a Revenue Share audit report,click here . it shows you all of your players ,all there deposits, how much they played and date last player. it works for everyone even thou it says its only for those on classic share

    #705587
    Anonymous
    Inactive

    As stated I´m on classic share. A player came in took the 200 Royal Vegas bonus deposited $20 and lost – my share $5 *whine*
    Why the hell can´t they motivate that guy to come back and play. I´m gonna have to write a nagging mail to have them reactivate him if possible.

    Anyhow does anyone know the other tiers above 25%?

    #705596
    Anonymous
    Inactive

    The wager share figures they offer are ludicrous – 0.9% of wagering for slots! They are earning 4+% from their House Advantage, so this is a tiny amount to pay. Even Reward Affiliates pay 1.3% (which I also thought was too low, and proved it as being less than 35% of their take based on PWC reports – not that they listened of course.)

    #705670
    Anonymous
    Inactive
    the27offsuit wrote:
    hey voovoo on the main page after logging in go to under where it says website maitnence and upgrades , then click where it says Should you require a Revenue Share audit report,click here . it shows you all of your players ,all there deposits, how much they played and date last player. it works for everyone even thou it says its only for those on classic share

    thanks 27 –
    I had $1320 in deposits and a winner. Had I been on the classic model I would have a neg $55 in commission but since in wager model my commission is over $200, so that part is working for me.

Viewing 15 posts - 1 through 15 (of 15 total)