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Hmm.. I have also thought about the fact that we could make money even if casino isn’t and that’s because of the no negative carryover, but what amazes me is that affiliates seem to take it granted that a JACKPOT WIN is counted towards the negative balance as it obviously shouldn’t – at least not in my opinion. Now as I see the progressives is that the money won in the Jackpot is not casinos money and it has not been taken away from the casino as it is cumulated by players playing that very game so why on earth should affiliates suffer from the Jackpot wins players receive??
Originally posted by arkyt
Example: 45% planYou have a big winner that hits a jackpot of 10,000 – which puts you in the red. If that negative were carried over and the player lost 5000 the following month you would still be 5000 in the hole.
If the negative was not carried over you would make $2250 if the player lost back half the next month.
This is why some programs utilize negative carry overs. They dont want to payout 10,000 – then turn around and pay you 2250 the following month when the player loses 5000. The casino would then be losing as they see it – a total of 7250 (5000 to the player and 2250 to the affiliate.)
When you think about the scale of things – paying the affiliate a percentage is the best choice! Considering that scale – I would surmise that programs using carry overs are not that big, are having financial problems, or are just freaking greedy!
:cheers: :sheers: :cheers:
Drink up boyxz
In most cases the jackpot comes from all people playing that software and the payment is made by the software firm. I may not be right about all the different places, but I know it to be so in some.
Originally posted by Mr. casino
Hmmm you lost me… how can they pay out $10,000 and also have the player lose back $5,000 of it?You are correct – I went about that the wrong way – nice catch.
Originally posted by arkyt
You are correct – I went about that the wrong way – nice catch.HAHHAHA when I am on the affiliate side of the table, I dont EVER miss a cent. Unless of course, it is in my favor
:bigsmile:
I had a player win a sizeable amount one month at Cool Cat.
The next month he lost it all back – and I got a nice commission.I felt a little guilty taking it, but I didn’t let that stop me from accepting it.
Need I remind everyone that there is an admitted loss of tracking of up to 20% of our players.
That’s with honest programs.
Need I remind everyone that by very design; a casino which has 1000s of players fully EXPECTS to take these kinds of hits; and it is because of their huge playerbase that they CAN take these hits without finding themselves in the negative for literally months; as would be the case for most of us.
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wins $10,000 on the last day of them month, putting you at a negative balance. It gets wiped clean, and then on the 1st of the next month, he loses it all. According to the casinos i have asked about this scenario, they say that you will be paid your share in the second month regardless.
I stress the “THEY SAY” part.
Though they’ve sucked for me for the last 5 months or so: i can truthfully say that I had just such an occurance at Zodiac casino with Casino Rewards; and the following month I had a very nice check; So at least some places DO honor that aspect.
