@Play 216827 wrote:
I was under the impression that this was something new being implemented, but word has it that it has always been that way, and just now being exposed… could that be why Jaxon is on an “indefinite” leave? :nono:
Actually, a lot of programs do and always have deducted some measure of progressive fees, lumped with other fees and it’s been built into their aff programs from the start.
The difference is that Rival started this without notification to anyone, without any transparency in the stats, and just suddenly takes money out of your account at month’s end without explanation or any type of accountability.
With the other places that do this, we signed up with the deduction in place, here it is retroactive.
Lots of affiliates had a sudden shock when they logged into their accounts at month’s end and found their comissions had shrunk considerably.
AGD published this:
Example of how this affects YOU
Assumption: 35% Revenue Sharing
Player 1: Deposits $5000. Takes no bonuses. Plays $0 in progressives. Loses all.
Affiliate Share: $1750Player 2: Deposits $1000. Takes no bonuses. Plays progressives and wagers, in total: $75,000 (due to wins and losses). Loses all.
Affiliate Share: $350 – 2% ($75,000) = $350 – $1500 = $-1150Player 3: Deposits $50. Takes no bonuses. Plays progressives and wagers, in total: $25,000. Loses all.
Affiliate Share: $17.5 – 2% ($25,000) = $17.5 – $500 = -$482.50Affiliate End Revenue = $1750 – $1150 -$482.50 = $117.50
Affiliate Revenue Share Percentage = $117.50 / ($5000 + $1000 + $50) * 100 = $117.50 / $6050 * 100 = 1.9% Revshare