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worldpeace wrote:I am currently on the wager sharing and I’m not sure if that is the best move for me
How come they don’t offere revenue sharing?
They do, it’s called the casino profit share model. It’s not launched yet, though. Also note that if your balance is below zero for a month, it is NOT zeroed. Quote from their page: “If the consolidated “Net Profit” is below zero for a month, then your players must recover the loss in future months (as determined above) before you can start earning again.”I think the best program depends on how much an average player wagers over a lifetime. The amount a player loses is dependant on how much he wagers.
Let’s take an example:
Player deposits $100, and wants to play some blackjack. He’s not very good. Knows the basics but does not follow basic strategy. This puts the house’s advantage at 2%. This means that for every $100 the player wagers, his loss is $2.
Purchase share:
15% of purchases, $15.
Casino Profit Share:
Assuming you get 40%, i.e. sign up less than 10 players in a given month, then the formula looks like this:
[Money wagered] x [House edge] x [Your take] = [Income]
So, to make the same $15, it looks like this:
[Money wagered] = [Income] / ([House edge] x [Your take])
or
15 / (0.02 x 0.4) = 1875
If the player wagers for over 1875 on his $100 deposit (if he deposits again, he will need to wager more to counter the additional money gained in the deposit share program)
Unfortunately, I’m not really in this business yet, so I wouldn’t know how much the average player wagers. Would anyone care to shed some light on that?
Oh, and note on the wager share program they’re pretty much completely robbing you. In the example above with blackjack, the player would need to wager 5000!
For slots it’s even worse. A typical house edge for slots is 5% (see http://wizardofodds.com/microgaming for reference).
Your take of the money wagered is [House edge] x [Rev share %], just like in the above post. For 40% rev share, this number would be 0.0125, or 1.25%. With wager share, it’s 0.90%. You’re making 28% less!
The only nice thing about the wager share is that you get paid regardless of whether the player loses or not.
lol im confused now
What, you’re not a math major?
Ther are several reasons. Many of them are listed on here. Just do a search for “Fortune Affilates” and you’ll see what i’m talking about. I should have listened to the more experienced afffiliates months ago when they said to drop them. I wasted the last 5 months promoting them, just to have them screw me over.
Promote them at your own risk.
