Bitcoin Forum
May 09, 2024, 02:31:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Gambling Affiliates: Carryover of Negative Revenue Share Profit  (Read 815 times)
serjent05
Legendary
*
Offline Offline

Activity: 2842
Merit: 1255


Cashback 15%


View Profile
July 05, 2020, 09:32:24 PM
 #41

There is no argument whether this system is correct or not.  It is the rule of the Company and tyz agrees with it.

That's true. I don't want to complain about this rule because I agreed to it when I signed up. I just wanted to start a discussion and exchange of experiences about this type of affiliate compensation after realizing that there is no thread about this topic yet.

It is good that you opened this kind of discussion.  The thread discussion shows that lots of members here do not know that this kind of referral system exists and this thread serves as an eye-opener to them.  I am also grateful that you share your experience with having a negative revenue and the company's procedures on fixing it. 



It's more than craty, it's outrageous and if he's wise he'll leave that casino at once.

Well, I believe he can terminate his account but I think that is not a wise decision.  His personal earnings from wagering in this site are not affected, only his referral earnings, so I believe eventually his revenue will become positive again even without doing anything as long as his referral keeps playing and losing.


.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
1715221918
Hero Member
*
Offline Offline

Posts: 1715221918

View Profile Personal Message (Offline)

Ignore
1715221918
Reply with quote  #2

1715221918
Report to moderator
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
ethereumhunter
Hero Member
*****
Offline Offline

Activity: 2884
Merit: 541


Leading Crypto Sports Betting & Casino Platform


View Profile
July 06, 2020, 10:04:00 AM
 #42

Well, I believe he can terminate his account but I think that is not a wise decision.  His personal earnings from wagering in this site are not affected, only his referral earnings, so I believe eventually his revenue will become positive again even without doing anything as long as his referral keeps playing and losing.

I think he doesn't have to terminate his account. He can let his account accessible, so if he wants to know how much money he made, he can directly log in to his account. I am sure that someday, he can earn revenue from his referral, which can be his additional income from the affiliate. But that will be different if he decides to join the games and spend his money, maybe that can give him a chance to win, although the opportunity is not too big.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
iamsheikhadil
Full Member
***
Offline Offline

Activity: 1022
Merit: 133


View Profile
July 18, 2020, 04:43:58 AM
 #43

I wouldn't refer to any site that does this, as in negative profit share. Because then what's my fault if I bring a person and he becomes lucky? Doesn't everyone wants that? To be lucky?! In that way, the casino is preventing its own loss at the liability of the referral! I would love when the commission is based on wager, because casinos should calculate on wager only as they already have the house edge on their advantage!
ralle14
Legendary
*
Online Online

Activity: 3178
Merit: 1877


Metawin.com


View Profile
July 18, 2020, 06:27:33 AM
 #44

I wouldn't refer to any site that does this, as in negative profit share. Because then what's my fault if I bring a person and he becomes lucky? Doesn't everyone wants that? To be lucky?! In that way, the casino is preventing its own loss at the liability of the referral! I would love when the commission is based on wager, because casinos should calculate on wager only as they already have the house edge on their advantage!
Commissions that are wager based is mostly from dice sites but the share you get from the house edge is very small since dice's house edge is 1% unlike the other commision type which is profit based.

I remember someone (I think it was MICRO) posted their gambling affiliate stats from cloudbet's thread and his affiliate profit was negative 1-2 btc. There are gamblers that get lucky but it's very rare to see most of them walk away and not go back after some time.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
tyz (OP)
Legendary
*
Offline Offline

Activity: 3360
Merit: 1531



View Profile
July 18, 2020, 04:49:14 PM
 #45

I wouldn't refer to any site that does this, as in negative profit share. Because then what's my fault if I bring a person and he becomes lucky? Doesn't everyone wants that? To be lucky?! In that way, the casino is preventing its own loss at the liability of the referral! I would love when the commission is based on wager, because casinos should calculate on wager only as they already have the house edge on their advantage!
Commissions that are wager based is mostly from dice sites but the share you get from the house edge is very small since dice's house edge is 1% unlike the other commision type which is profit based.

If you have active players you could make a good gain even though house edge is 1% or less. I also have some referrals on dice sites and some of them make up to or even more than 10k games a month (obviously mostly automatic). Let's assume average bet is 1 mBTC, so your gain is 10 Sats per game, what gives you 10mBTC gain a month for such a referral, no matter if it wins or loses.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!