Betcoin processes affiliate payments the next day.
I doubt that's currently the case.
Betcoin has troubles to track and pay its own cashback. Since a few weeks, it takes 3-4 days to get our Betcoin points paid, so I doubt affiliates get their numbers in 24hours like it used to be or else I'd like to know why the players have to wait when the affiliates you know do not.
However due to the exponential growth of the site it may take longer now.
That's BS that Betcoin management spreads since a few months and you know it.
As an active cash game player on the site, I know well that the action was much more better in October-December '15 than it was so far in '16. January was the worse and was pretty much dead.
Right after the whole over-rake debacle and the huge rake increase that did follow, coincidence ? I doubt it.
Anyway, back on the subject, even if the number of players are better in March (can't say, I didn't put too much action so far this month) it would be quite scary that they can't handle, at best, 10 more active players in their ring games (since I guess most of the MTTs guys are taken care by WTN).
There is with no doubt an issue with play tracking since a few weeks (any active player knows it and did remark that it takes days now to get their Betcoin points whereas it used to be 24 hours), don't understand why Betcoin/you feel the need to explain it by PR BS "due to an increase traffic".
Betcoin should fix it and if it's not automated then they should work asap on it, they managed to do it for TSR. No reason they could not do it for their own VIP scheme and the play tracking as a whole.
it may take longer now
As long as it is paid in full and in a timely fashion.
Notice that it would be appreciate that you give the exact dates of what you're paying if it's not anymore from Monday to Sunday.
We need to be able to check if what we are paid are the exact numbers or not (esp when Betcoin got some tracking issues).
All of the major online poker sites realized how retarded it was to give affiliates 30%+ of their signups revenue (rake) for life in 2008
That's way more complicated than that.
All "major" online poker sites, once upon a time, were newcomers that did need to get traction on their sites. So they used, mainly for some, affiliates to get it. Once they got to the top, they were not in need of them anymore. And dropped them they did.
You can't compare, established poker sites and all the struggling / newcomers ones. The former main focus is retention (meaning recs retention), the latter acquisition (which means a politic catered more towards regs because they firstly need to populate their ring games).
The market also changed quite a lot and it is more and more ring-fenced and the number 1 provider of players is gone and not likely to come back before a few years as a whole (USA).
The whole industry is right now in stand-by and the companies just want to be still alive when the legislation in key countries will become more favorable.
There's no big risk taken in the industry due to that.
Having said all of that, I'm not a believer myself in that way of building a poker site but I can see where they were coming from using affiliates to achieve the best acquisition campaign possible. There was nothing "retarded" about it.
