How does affiliate commission works?

[jamyr]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

[ralle14]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Affiliate commision on each gambling site have different rules for example on crypto-games the players profit doesn't matter as long as they wager on the site. To answer your question if the house edge of the casino is at 1% by default then your comission would be 0.00645 btc.

[jamyr]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Affiliate commision on each gambling site have different rules for example on crypto-games the players profit doesn't matter as long as they wager on the site. To answer your question if the house edge of the casino is at 1% by default then your comission would be 0.00645 btc.

How is that computed sir? well the site I am referring to is 49.50 chance on 2x so it should be 1% house edge right? 15% of edge is the stated comission. And does the computation the same on LTC right?

[metropolia]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Affiliate commision on each gambling site have different rules for example on crypto-games the players profit doesn't matter as long as they wager on the site. To answer your question if the house edge of the casino is at 1% by default then your comission would be 0.00645 btc.

How is that computed sir? well the site I am referring to is 49.50 chance on 2x so it should be 1% house edge right? 15% of edge is the stated comission. And does the computation the same on LTC right?

IMO you should have earned: 4.3btc*1%(house edge)*15%= 0.00645 btc. This is dice affiliate system, for casino/sportsbook, the system is not same, most are revenure-share system.

[ralle14]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Affiliate commision on each gambling site have different rules for example on crypto-games the players profit doesn't matter as long as they wager on the site. To answer your question if the house edge of the casino is at 1% by default then your comission would be 0.00645 btc.

How is that computed sir? well the site I am referring to is 49.50 chance on 2x so it should be 1% house edge right? 15% of edge is the stated comission. And does the computation the same on LTC right?

Correct the house edge of the site your referring to is exactly 1%. Here's my computation about the answer that I got 4.3{wagered}*0.01{house edge}= 0.043 now you have the casino's comission now to get your 15% cut. 0.043*0.15 = 0.0645 btc. Yes. The computation should still be the same.

edit: metro beat me to it. 

[wavespump]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Which site do you use? Sportsbook or dice site?

There is some calculation for dice site shows above, I think their solution is coreect.

If this is sportsbook affiliate program, the calculation is much different, the formular: 15%*money of the player lost=15%*0.099 btc, so you can make 0.01485 btc from your referral's loss.

[jamyr]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Which site do you use? Sportsbook or dice site?

There is some calculation for dice site shows above, I think their solution is coreect.

If this is sportsbook affiliate program, the calculation is much different, the formular: 15%*money of the player lost=15%*0.099 btc, so you can make 0.01485 btc from your referral's loss.

Okay, so its not much that I am missing then. I have 0.00569882btc instead of 0.00645btc, and have 1.84143395ltc instead of the computation if the wagerred amount of my referral is 1354.81663854 ltc.

[Dmtripp27]

TO make it simple you get 0.15% of everything  wagered at least thats how the referral system works as i understand it for the site your talking about

[1982dre]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Which site do you use? Sportsbook or dice site?

There is some calculation for dice site shows above, I think their solution is coreect.

If this is sportsbook affiliate program, the calculation is much different, the formular: 15%*money of the player lost=15%*0.099 btc, so you can make 0.01485 btc from your referral's loss.

Okay, so its not much that I am missing then. I have 0.00569882btc instead of 0.00645btc, and have 1.84143395ltc instead of the computation if the wagerred amount of my referral is 1354.81663854 ltc.

TO make it simple you get 0.15% of everything  wagered at least thats how the referral system works as i understand it for the site your talking about

Just like explained in the chat. You won't get referral earning in wagering bonuses. So no earnings of free money wagered.

[Dank Frank]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Which site do you use? Sportsbook or dice site?

There is some calculation for dice site shows above, I think their solution is coreect.

If this is sportsbook affiliate program, the calculation is much different, the formular: 15%*money of the player lost=15%*0.099 btc, so you can make 0.01485 btc from your referral's loss.

Okay, so its not much that I am missing then. I have 0.00569882btc instead of 0.00645btc, and have 1.84143395ltc instead of the computation if the wagerred amount of my referral is 1354.81663854 ltc.

TO make it simple you get 0.15% of everything  wagered at least thats how the referral system works as i understand it for the site your talking about

Just like explained in the chat. You won't get referral earning in wagering bonuses. So no earnings of free money wagered.

Then the wagered amount with bonus credits/btc shouldn't be shown in someone's referral dashboard, otherwise you get things like this people thinking their ref earnings aren't correct.

It can also be the site doesn't calculate the ref earnings directly but sometimes a hourly or daily update.

[casinobonusgiveaway]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Which site do you use? Sportsbook or dice site?

There is some calculation for dice site shows above, I think their solution is coreect.

If this is sportsbook affiliate program, the calculation is much different, the formular: 15%*money of the player lost=15%*0.099 btc, so you can make 0.01485 btc from your referral's loss.

Okay, so its not much that I am missing then. I have 0.00569882btc instead of 0.00645btc, and have 1.84143395ltc instead of the computation if the wagerred amount of my referral is 1354.81663854 ltc.

TO make it simple you get 0.15% of everything  wagered at least thats how the referral system works as i understand it for the site your talking about

Just like explained in the chat. You won't get referral earning in wagering bonuses. So no earnings of free money wagered.

Then the wagered amount with bonus credits/btc shouldn't be shown in someone's referral dashboard, otherwise you get things like this people thinking their ref earnings aren't correct.

It can also be the site doesn't calculate the ref earnings directly but sometimes a hourly or daily update.

Maybe you are right, could be bonus wagering, that is the reason why his result is quite different compared to general correct calculations. I assume that he should contact site owner for further information.

[jamyr]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Which site do you use? Sportsbook or dice site?

There is some calculation for dice site shows above, I think their solution is coreect.

If this is sportsbook affiliate program, the calculation is much different, the formular: 15%*money of the player lost=15%*0.099 btc, so you can make 0.01485 btc from your referral's loss.

Okay, so its not much that I am missing then. I have 0.00569882btc instead of 0.00645btc, and have 1.84143395ltc instead of the computation if the wagerred amount of my referral is 1354.81663854 ltc.

TO make it simple you get 0.15% of everything  wagered at least thats how the referral system works as i understand it for the site your talking about

Just like explained in the chat. You won't get referral earning in wagering bonuses. So no earnings of free money wagered.

It would be better if duckdice would then have the option for you to see where you can compute your commission. Because of the bonuses, I dont know what to compute. Silly it may sound but that's what people want right? I am not saying DuckDice is not fulfilling their promised commission but it would just be better to have that option.

[MinerHQ]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Which site do you use? Sportsbook or dice site?

There is some calculation for dice site shows above, I think their solution is coreect.

If this is sportsbook affiliate program, the calculation is much different, the formular: 15%*money of the player lost=15%*0.099 btc, so you can make 0.01485 btc from your referral's loss.

Okay, so its not much that I am missing then. I have 0.00569882btc instead of 0.00645btc, and have 1.84143395ltc instead of the computation if the wagerred amount of my referral is 1354.81663854 ltc.

TO make it simple you get 0.15% of everything  wagered at least thats how the referral system works as i understand it for the site your talking about

Just like explained in the chat. You won't get referral earning in wagering bonuses. So no earnings of free money wagered.

Then the wagered amount with bonus credits/btc shouldn't be shown in someone's referral dashboard, otherwise you get things like this people thinking their ref earnings aren't correct.

It can also be the site doesn't calculate the ref earnings directly but sometimes a hourly or daily update.

It is correct. At least they should show the how much portion of that wagered amount is from bonus and how much is from real deposit bonus. Also, there should be a way to prove that user usually wagered from bonus coins otherwise difficult to trust. OR they shouldn't consider bonus wagering itself and don't show on referral dashboard.

[jamyr]

So this is a simple question in which I would like to clear how affiliate commission works. For example, my referral wagered 4.3 btc, profit was -0.099btc. And the site says 15% on edge, how much should I have as commission?

Thank you very much.

Which site do you use? Sportsbook or dice site?

There is some calculation for dice site shows above, I think their solution is coreect.

If this is sportsbook affiliate program, the calculation is much different, the formular: 15%*money of the player lost=15%*0.099 btc, so you can make 0.01485 btc from your referral's loss.

Okay, so its not much that I am missing then. I have 0.00569882btc instead of 0.00645btc, and have 1.84143395ltc instead of the computation if the wagerred amount of my referral is 1354.81663854 ltc.

TO make it simple you get 0.15% of everything  wagered at least thats how the referral system works as i understand it for the site your talking about

Just like explained in the chat. You won't get referral earning in wagering bonuses. So no earnings of free money wagered.

Then the wagered amount with bonus credits/btc shouldn't be shown in someone's referral dashboard, otherwise you get things like this people thinking their ref earnings aren't correct.

It can also be the site doesn't calculate the ref earnings directly but sometimes a hourly or daily update.

It is correct. At least they should show the how much portion of that wagered amount is from bonus and how much is from real deposit bonus. Also, there should be a way to prove that user usually wagered from bonus coins otherwise difficult to trust. OR they shouldn't consider bonus wagering itself and don't show on referral dashboard.

Yep. I don't intend to be a pain-in-the-ass, I just want it to have more clarity and transparency because just like what MinerHQ said, it is difficult to trust. Who knows, maybe today it is just a little amount but after a year or two, could be a bigger commission. Thank you Folks.