michellee
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June 24, 2020, 02:10:18 AM |
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I didn't know that we also lose our earned money from referrals if they won that bet so basically I never had experience with this kind of affiliate marketing.But here all the advantages goes to the casino but you holds risk of losing your earnings even after you worked for it.
As far as I know, the earned money from referrals is not gone if they win or lose because the money is sent to our account. But if that happens, then I think that will be a problem since we can not know if they can win or lose, and I think that is out of our expectation. Maybe the site needs to explain this, so there is no misunderstanding here.
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TGD
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June 24, 2020, 08:11:43 AM |
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Do your referral who won huge amount still playing the casino? If yes, Just wait for now because he will lose soon as long as keep playing in the casino regularly with a consistent amount of bet from the beginning. But if he is a wise gambler who know the right bankroll management then you might not recover your negative carry over. This profit sharing of sportsbet is one thing I hate. You will suffer if you refer anyone especially those PRO players. Sportsbet wants to share pain to the user who brings pain to there casino. I suggest to contact there support to remove that one referral of your since you are suffering already for a year. Is it even possible to remove a referral ? It might be better to just leave them for now because the damage is already done and he could miss out on the opportunity to recover. You didn't understand his point. The one of his referral has an outstanding huge profit over a year and there is no chance that he will be in profit unless that guy loss or one of his other referral will lose tremendously so that he can start generating profit again in referral. I'm not really sure about referral but requesting it is worthy for a try since its already a year. Sportsbet.io is the only casino that I know with that kind of T&C in there referral program. Most of the casino are just measuring it through the percentage of the amount wager. I'm just using few casino so maybe this is the new norm about affiliate program.
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iv4n
Legendary
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Activity: 3360
Merit: 1194
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June 24, 2020, 09:43:47 AM |
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Ok so I checked the sportsbet.io affliate page here https://sportsbet.io/support/affiliate-faqand found this: If a player wins a large amount, does the negative balance carry over to the next month?
When your player wins at our sportsbook or casino, your commission might be affected since we deduct those winnings from the earnings. However, large winnings are not likely to occur consistently for a long period of time. When the player continues playing, your commission will continue to grow. I didnt know about this and now I can understand what the OP means. So this is probably the first time I am seeing a casino which gives commission based on the player's win or loss aka casino's loss or win, respectively. Now if I was in the OP's place, I would stop taking part in this type of referral system, they do give 35% commission but I prefer the 5% I get from other sites and that is only wager amount based and not win/loss based. In my opinion, OP is being ripped off with this type of deal, even though the OP has not used any money to take part in it. Would be wiser IMO to go for the other casinos which I posted in my first post here. I was confused at first, but comment by comment and here we come. He is being ripped off, I agree with that. I never heard for similar referral system, even thou I gamble there and I got some emails from them about their referral system I never bothered to read more. This is definitely one of the worst systems I ever saw(for players of course), if they lose you make profit, if they win you lose your commission and you go negative for months or years, it's crazy! I would move from there to some other casino!
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DarkDays
Legendary
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Activity: 2030
Merit: 1189
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June 24, 2020, 11:27:57 AM |
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Can you share the site that has the negative carry-over?
Generally sites with a decent house edge of 1-3% will only RARELY be in the red against a player, particularly when you consider that they have maximum bet limits in place to minimize their potential losses.
I don't really see how even the absolute luckiest of players could ever put a casino in the red for over a year, unless he found some sort of exploit to literally drain the bankroll. I think there needs to be some investigations into exactly what happened in your case, since such an occurrence is extraordinarily improbable.
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Sadlife
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June 24, 2020, 01:16:05 PM |
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I dont like negative carryover, if i were me i would just stop recruiting people to that specific gambling site because it will only be a waste of resources and time. In the start i guess you can earn from it but in time it would become harder. There are many gambling sites that doesn't do negative carryover but accumulates affiliate and increase bonuses and earnings.
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adzino
Copper Member
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Activity: 3052
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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June 24, 2020, 07:34:20 PM |
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I dont like negative carryover, if i were me i would just stop recruiting people to that specific gambling site because it will only be a waste of resources and time. In the start i guess you can earn from it but in time it would become harder. There are many gambling sites that doesn't do negative carryover but accumulates affiliate and increase bonuses and earnings.
There are sites like those, but they don't do revenue shares. The one OP joined is probably an affiliate program with revenue share. Yes, rev shares do have negative carry over or else the casinos profit will go down really bad. If a casino has a 30% revshare deal with a NC (negative carry over), then the user will share the 30% profit/loss of the user forever. Its like if a referral loses 1 btc bet, the affiliate will get 0.3 BTC and the casino will keep 0.7 BTC. The affiliates have a different "affiliate balance" that calculates all the profit/loss. That is why you will be seeing people negotiating with a casino for a NNC deal (no negative carryover). If the casino does accept the offer, they will be providing it with smaller percentage of commission along with high administrative fee. On other hand, those over here are saying that they are happy with the 10% of the wager deal, look at it a bit carefully. They provide you 10% of the house edge, not the whole 10% of the wagered amount.
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tyz (OP)
Legendary
Offline
Activity: 3360
Merit: 1533
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June 24, 2020, 08:39:15 PM |
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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.
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FontSeli
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June 24, 2020, 09:47:32 PM |
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I think I should make things more precise The case I described in the first post concerns Sportsbet.io affiliate. At Sportsbet you only earn if a referred user loses a bet. If a user wins a bet you get negative affiliate balance. The idea behind this is that more users usually lose than win, so the affiliate partner makes a gain in the long run anyway. Now in this case a user made big profits with two bets (> 1 Bitcoin) over a year ago. Since then my affiliate balance has been negative. The negative balance has declined a little over the last months but there is still a huge negative balance which is carried over from month to month. Interesting strategy for earning money on referrals. You need to find not just a referral who agrees to register using your link, but a referral who does not understand anything about sports, but constantly makes bets) If a betting site loses because of your referrals, do you owe them money? I'm kidding)
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Celebrate Julian's freedom!
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MCobian
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June 24, 2020, 11:12:18 PM |
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Every online casinos has the right to determine how to give a commission, but if based on win or loss it is very terrible. My suggestion is better to get a referral commission based on wagering amounts more secure than based on win or loss. Therefore, careful research is needed before deciding to join the referral system based on win or loss. Do not let the agreement we have made with casinos online harm us.
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mersal
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June 25, 2020, 07:00:02 AM |
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I didn't know that we also lose our earned money from referrals if they won that bet so basically I never had experience with this kind of affiliate marketing.But here all the advantages goes to the casino but you holds risk of losing your earnings even after you worked for it.
As far as I know, the earned money from referrals is not gone if they win or lose because the money is sent to our account. But if that happens, then I think that will be a problem since we can not know if they can win or lose, and I think that is out of our expectation. Maybe the site needs to explain this, so there is no misunderstanding here. Some site may have different reward system for referrals which included losses of our referrals wins money for u but if they win against house then we may lose our money from our referrals but this is not a good reward system to be honest.
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ralle14
Legendary
Online
Activity: 3402
Merit: 1927
Shuffle.com
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June 25, 2020, 01:37:33 PM |
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You didn't understand his point. The one of his referral has an outstanding huge profit over a year and there is no chance that he will be in profit unless that guy loss or one of his other referral will lose tremendously so that he can start generating profit again in referral. I'm not really sure about referral but requesting it is worthy for a try since its already a year.
Sportsbet.io is the only casino that I know with that kind of T&C in there referral program. Most of the casino are just measuring it through the percentage of the amount wager. I'm just using few casino so maybe this is the new norm about affiliate program.
I'm aware that one of his referral buried his affiliate numbers and that's why I said "only if" in the same post. This type of affiliate program isn't new, fortunejack had the same exact profit distribution in their affiliate program for years. I could be wrong but a lot of casinos with third party providers follow this type of profit distribution. One reason others don't see this too often is because most of us prefer playing on provably fair games and usually their commission based on wager.
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avikz
Legendary
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Activity: 3304
Merit: 1532
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June 25, 2020, 04:00:25 PM |
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I didn't know that we also lose our earned money from referrals if they won that bet so basically I never had experience with this kind of affiliate marketing.But here all the advantages goes to the casino but you holds risk of losing your earnings even after you worked for it.
As far as I know, the earned money from referrals is not gone if they win or lose because the money is sent to our account. But if that happens, then I think that will be a problem since we can not know if they can win or lose, and I think that is out of our expectation. Maybe the site needs to explain this, so there is no misunderstanding here. Some site may have different reward system for referrals which included losses of our referrals wins money for u but if they win against house then we may lose our money from our referrals but this is not a good reward system to be honest. thats odd . a legit referal system does not work that way . if not scam then this system is pretty bad . never encounter this kind of policy but most that i see was you earn something from your referal . win or loosing bet , any kind of gameplay . you get some commision depending on the sharing rules of that site . finding a loyal player is hard . i have a referal before but all of them stop playing now . there are lucky users that refer a whale player and earn huge from them I second that opinion. This kind of policy is actually bad for the people who are referring players to a gambling website. The market is very competitive and it is really very hard to refer a player to a gambling website. Now after so much hard work, if that person is not getting any reward, it makes literally no sense to put in so much hard work on gathering referrals. It's good that OP doesn't need to pay for the shortfalls. Otherwise it would have made much worse.
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Lakai01
Legendary
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Activity: 2520
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Enjoy 500% bonus + 70 FS
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June 26, 2020, 05:41:19 PM |
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It's good that OP doesn't need to pay for the shortfalls. Otherwise it would have made much worse.
With such a system, where you also have to pay if your own referrals make a profit, you would probably not get a single referral as a casino. No player would take the risk, here we are very close to a guarantee, which is often used in the credit business. In principle, I find systems where you help earn money from the losses of your referees not bad. This has also brought new players to the platform, who will most likely deposit and bet with coins again. The system mentioned here by tyz, where you are "punished" for excessive profits from your referrals, goes clearly too far in my opinion. It punishes people who bring new players to a platform - which is hard enough anyway.
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tyz (OP)
Legendary
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Activity: 3360
Merit: 1533
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July 04, 2020, 12:57:30 PM |
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As far as I know, the earned money from referrals is not gone if they win or lose because the money is sent to our account. But if that happens, then I think that will be a problem since we can not know if they can win or lose, and I think that is out of our expectation. Maybe the site needs to explain this, so there is no misunderstanding here.
If you get earnings within a month you can also lose it within a month again. Payments for a month are done within the first week of the following month. Let's do an example: Referral A loses a bet on 1st July which gives you a positive balance (let's say balance is 0.1 BTC now). On 31st July Referral B wins a small bet which decreases your balance to 0.05 BTC. Then you would get paid the 0.05 BTC in the upcoming week of the next month (if you do not have any negative carryover from the past). But, assumed Referral B wins a big bet on 31st July and your balance gets negative (let's say to -0.1 BTC). Of course, you will not get paid anything for this month. On 1st August Referral A is losing again and your balance for the month is 0.05 BTC and let's say no other bets are set until end of month, then you have a positive balance for this month but you will not get a payment because it is offset with the -0.1 BTC from July, so your "virtual" balance is still -0.05 BTC.
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target
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Merit: 1041
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July 04, 2020, 10:08:14 PM |
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I couldn't find a better way for myself to convince people to sign up under my affiliate link while I want them to lose so I can earn. I can't believe Sportsbet has this kind of system that will just not make you earn while you keep making them famous thru your site. It's one way to scare away webmasters wanting to promote them, I'm surprised you stick around as affiliate when its good to just bet. Or maybe I did understand it incorrectly.
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Shasha80
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July 04, 2020, 11:59:11 PM |
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I will avoid getting a commission from gambling affiliates based on win or loss players, because this is less profitable In my opinion. Because if a user who is from my affiliates wins continuously when betting, this will make my affiliates balance become negative. It's better to get a commission from gambling affiliates based on only the wagering amount.
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maydna
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July 05, 2020, 02:21:57 AM |
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It is no problem if you choose that way, but I think that two commission will be given to you, no matter if you lose or win. If you lose, you will see the red color in the affiliate dashboard, and that will happen too, if you get the green color.
Personally, I don't too expect to get a big commission from the referral because I think that will depend on my referral, and I already see what happens if they are win or lose. I prefer to search for another way to make money than to expect from them, and I will consider the commission from them as another bonus for me. And if somehow, I can make a nice profit from them, I will withdraw the money as soon as I see it is available to withdraw
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tyz (OP)
Legendary
Offline
Activity: 3360
Merit: 1533
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July 05, 2020, 11:54:05 AM |
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I would like to read the experiences of other Sportsbet.io affiliate partners. Especially I noticed the following and I would like to know if this is right or if I am just mistaken?
I have looked through my former transactions (data from about the last three years). And I think (I do not have proof though) that in the past Sportsbet carried negative balance over for a couple of months before it was set to zero. No, it seems this reset is gone. Does someone else recognized this?
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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July 05, 2020, 06:57:41 PM |
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Ok so I checked the sportsbet.io affliate page here https://sportsbet.io/support/affiliate-faqand found this: If a player wins a large amount, does the negative balance carry over to the next month?
When your player wins at our sportsbook or casino, your commission might be affected since we deduct those winnings from the earnings. However, large winnings are not likely to occur consistently for a long period of time. When the player continues playing, your commission will continue to grow. I didnt know about this and now I can understand what the OP means. So this is probably the first time I am seeing a casino which gives commission based on the player's win or loss aka casino's loss or win, respectively. Now if I was in the OP's place, I would stop taking part in this type of referral system, they do give 35% commission but I prefer the 5% I get from other sites and that is only wager amount based and not win/loss based. In my opinion, OP is being ripped off with this type of deal, even though the OP has not used any money to take part in it. Would be wiser IMO to go for the other casinos which I posted in my first post here. I was confused at first, but comment by comment and here we come. He is being ripped off, I agree with that. I never heard for similar referral system, even thou I gamble there and I got some emails from them about their referral system I never bothered to read more. This is definitely one of the worst systems I ever saw(for players of course), if they lose you make profit, if they win you lose your commission and you go negative for months or years, it's crazy! I would move from there to some other casino! It's more than craty, it's outrageous and if he's wise he'll leave that casino at once. I've never been in situation like this and don't have experience with casino with such odd commission policy. But we always have the choice and its good to hear such experiences too.
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target
Legendary
Offline
Activity: 2282
Merit: 1041
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July 05, 2020, 08:58:52 PM |
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Ok so I checked the sportsbet.io affliate page here https://sportsbet.io/support/affiliate-faqand found this: If a player wins a large amount, does the negative balance carry over to the next month?
When your player wins at our sportsbook or casino, your commission might be affected since we deduct those winnings from the earnings. However, large winnings are not likely to occur consistently for a long period of time. When the player continues playing, your commission will continue to grow. I didnt know about this and now I can understand what the OP means. So this is probably the first time I am seeing a casino which gives commission based on the player's win or loss aka casino's loss or win, respectively. Now if I was in the OP's place, I would stop taking part in this type of referral system, they do give 35% commission but I prefer the 5% I get from other sites and that is only wager amount based and not win/loss based. In my opinion, OP is being ripped off with this type of deal, even though the OP has not used any money to take part in it. Would be wiser IMO to go for the other casinos which I posted in my first post here. I was confused at first, but comment by comment and here we come. He is being ripped off, I agree with that. I never heard for similar referral system, even thou I gamble there and I got some emails from them about their referral system I never bothered to read more. This is definitely one of the worst systems I ever saw(for players of course), if they lose you make profit, if they win you lose your commission and you go negative for months or years, it's crazy! I would move from there to some other casino! It's more than craty, it's outrageous and if he's wise he'll leave that casino at once. I've never been in situation like this and don't have experience with casino with such odd commission policy. But we always have the choice and its good to hear such experiences too. I only found out about this when I read this thread. Basically you bring customers to them and when they win, you lose commission. If you bring more people to come to them and but wins more you get nothing for inviting these people but negative commission. Casinos must be very confident their clients will lose money in the end that they crafted this type of system.
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