Hello Jim,
Here is what I found at http://www.GamblingFederation.com site as follows:
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Earn up to 65% Commission
We pay you up to 65% of the Net Gaming Revenue* for each client that you bring in. Your Commission* is based on the following sliding scale:
Weekly Net Gaming Revenue Net Profit (%)
up to $500 35%
$501 to $5,000 40%
$5,001 to $15,000 45%
$15,001 to $30,000 50%
$30,001 to $40,000 55%
$40,001 to $70,000 60%
$70,001 to $100,000 65%
to understand what net gaming revenue is we provide the following formula:
Player deposits* (minus) Winnings (minus) Processing Fees (11%) = Net Gaming Revenue*
*Player Deposits exclude any bonuses, cash comps or free money a player receives.
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By looking at the above formula, it appears theirs’ and your formula is same but the %ages vary.
Per their system using your example that if a player redeems 60 out of 100 deposit, then out of 40 revenue the affiliate commission is $12.46 to $23.14 depending upon which rate category you are in (35% to 65%).
They also have the same 2nd tier 5% commission but your casino must do $500 per month in revenue itself to get that 2nd tier 5% commission.
Their system does not have any witholding for security reserve etc., does yours’ do?
Do you think my calculations are right?
In the overall games variety, both your and their system pretty close I think.
Regards,