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Reply To: Vegas Affiliates bundles!

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Anonymous
Inactive
Bonusgeek wrote:
These are no doubt tough times, but its not just for affiliate programs. It’s all relative, and everyone including affiliates are feeling the burn. These tough times shouldn’t be an excuse to cut corners by affiliate programs. I mean common, 70% of the action isn’t enough, now they have to dip into my measly 30%. They pull this shit because they can, they control the money and can do whatever the hell they want.

Just to pick on this issue …. you’re getting far more than 30% share if you are on a 30% deal that includes no bundling and no negative rolloever … that’s the whole point.

As a European sportsbook affilaite I was amazed to see that you could get – no bundling + no negtive rollover deals on the casino side at all and at 30% is amazing.

You (should) realise this – and you must realise this because you’re complaining about the very real affect of what happens to your bottom line when ALL numbers are collected together … and you are still getting you negatives cancelled.

So that claim that you’re only getting 30% of profits with that previous deal is very bogus … I suspect that if you went over all the reports for the last year that you’ll find you were actually making the lions share of the profit.

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As an example – I have a deal with an (unnamed) British bookmaker that used to be at 35% profit share … and they recently moved to 25% w. no negatives and no bundling across casino, poker, sports, games as well.

I snatched that offer out of their hand as quick as I could – because in the past I’d been hit by losing months (about 1 month in 6) that would also take me the next month to work off. So I only got paid for 8 months from 12.

The upshot ?

After nine months their revenue figure is GBP 6,742 …
And I’ve been paid GBP 8,827.64 !!!

That’s right at 25% no neg – no bundle – I’m being paid 133% of their total profit … due to the up and down nature of monthly earnings.

Now I know that sportsbooks can be a bit more flightly – a run of favourites winning can hurt sportsbooks – and it’s much more likely than a run of luck on casino games for BIG affiliates.

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That having been said – I do agree that a unilateral change to contracts is a very bad move – and something that I’d expect our affiliate guard dog (where is KWBlue ?) to have covered to let us know where we stand.

I suspect that the contract actually had that “little” clause tagged to it saying that they reserve the right to do anything they want … so legally we may not have much to go on … but KwBlue will have the facts.

But honestly – 30% – no bundle – no neg – is such a sweet deal … perhaps too sweet to last ?