For those of you who promote bitcoin sportsbooks. I would be interested to know what is your favorite
I've seen three different types of sports commission structures.
(1)
Turn over volume: I've seen this one on Cloudbet.com. They offer 0.2% of all turnover volume through our sportsbook ('turnover volume' is the lesser of the amount bet and the amount that can be won on a bet)
https://affiliates.cloudbet.com/terms_and_conditionsIf the vig is 10% on losing bets, then they are essentially offering 2% of commission of losses by using the .2% turn over method? Please correct me if I am wrong.
(2)
Percent of overall losses: Let's say a program offers you 25% commission of the overall losses. Is 25% competitive? What in your opinion is fair and competitive for the sports affiliate market?
(3)
Percentage of the vig : This one is the most attractive to the sportsbook I would imagine. This would be a percentage of the commission made from the punter. This is close to the (2) option in the (2) option has a very large player base. Option (3) would ensure a no negative carry over and avoid asymmetrical losses.
If you are a sportsbook program, please put down your commission structure and percentages. Please keep it factual.
Poll
