TheGooner wrote:
Finance Fees.
I’ve got one sportsbook that passes on to me a share of finance fees – it’s the little charges that they have to pay to Neteller, Western Union, Visa, Moneybookers (etc).
But my sportsbook reports it in minute detail – player account, deposit amount, method, charge, my share etc. So I know it’s on the up and up.
In general it comes to around 3% of total deposits, CC and bank transfers are higher, Neteller and Moneybookers are lower. So my share (at 30%) is 0.9% of total deposits.
For you to be paying a 1.5% finance fee at just 25% share suggests they’re paying 6% for transfer …
I think that is not true – so you’ve got a legitimate gripe with this one.
Are they charging it all to you?
If so then this needs to happen tot the total before your share is worked out.
Are these in our contracts? Never heard of them before…