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That is ridiculous. I don’t understand why some places think it’s okay to charge affiliates 100% of costs like bonuses, deposit fees and chargebacks. They are a cost of doing business and apart from perhaps chargebacks should be absorbed by the 80% of revenue they keep!
At the very least we should pay a proportion of the costs equal to the percentage we earn on revenue – eg we are deducted 20% of the bonus, not 100%.
Collectively we need to start demanding the exact math that each program uses to calculate commissions be including in their T&C. It’d be a good feature on CAP to make each certified program provide the exact equations they use to calculate affiliate commission, taking into account usual deductions like bonuses, fees & chargebacks etc.
It’s a grey area at the moment and most of the time we are being ripped off and just accepting it.
Totally agree with you Kris – would help everyone get a clear picture of exactly how much of the pie they are getting
Just a follow up:
To the first post in the thread. The AM at Betonline checked into it. Apperently, hes new to the Affiliate business. As I figured he was wrong about my paying the whole %20 of the initial deposit bonus. So when all is said and done I did get the most of the $400, but I still have to pay the 8% transaction fee. Which im not thrilled with. Just to let you guys know what the final word was.
