Bitcoin Forum
April 19, 2019, 03:27:52 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Why affiliate return in most all casino is so big?  (Read 646 times)
jarrick
Member
**
Offline Offline

Activity: 78
Merit: 10


View Profile
December 01, 2014, 05:04:05 PM
 #1

This is my first thread. But this idea has stuck my mind and maybe my friends here can give me a better explaination about the some casino affiliate return.

Please have a look around in every online casino. Why the return is so high for their affiliate partner 25 to 70%? As i know the house edge for almost all casino games are below 5 percent.

For example:
There are 2 major affiliate. First affiliate had a 1 btc profit, the second affiliate maybe had a negative balance with 0.95 btc. (Total profit 0.05 btc)

If this scenario happen, then this casino will be loss because they just pay their first affiliate with 0.25-0.70 * 1 btc because overall their profit only 0.05 btc.

Although this scenario is quite small chance to happen. But this is a real risk for them.

How do you think?

100% New Software
PC, Mac, Android, & HTML5 Clients
Krill Rakeback
Low Rake
Bitcoin Poker 3.0
Bad Beat Jackpot
SwC Poker Relaunch
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
SafeDice
Sr. Member
****
Offline Offline

Activity: 422
Merit: 250


SafeDICE.com


View Profile WWW
December 01, 2014, 05:15:51 PM
 #2

This is my first thread. But this idea has stuck my mind and maybe my friends here can give me a better explaination about the some casino affiliate return.

Please have a look around in every online casino. Why the return is so high for their affiliate partner 25 to 70%? As i know the house edge for almost all casino games are below 5 percent.

For example:
There are 2 major affiliate. First affiliate had a 1 btc profit, the second affiliate maybe had a negative balance with 0.95 btc. (Total profit 0.05 btc)

If this scenario happen, then this casino will be loss because they just pay their first affiliate with 0.25-0.70 * 1 btc because overall their profit only 0.05 btc.

Although this scenario is quite small chance to happen. But this is a real risk for them.

How do you think?

The chance of your scenario to happen is not small, those casinos will loss most of the time if they really using those system. Usually there are some hidden information we missed, can you cashout those payment instantly? Are you sure those 25-70% commission is calculated from the affiliate's bet amount?

█████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
████████████████████
██████████████████████
████████████████████
SAFEDICE.COM
....
████████████████████████████████████████████████████████████
Instant Withdrawal ●
..Monero Coin (XMR) Support ●
Secured with 2FA &  SSL ●

████████████████████████████████████████████████████████████
....
jarrick
Member
**
Offline Offline

Activity: 78
Merit: 10


View Profile
December 01, 2014, 05:25:40 PM
 #3

Yapz. Most of them stated from their casino profit.

So the percentage is from their casino profit base on their players below their affiliate link.

As i know that this is a real business for all casinos, they would be a very precise in this affiliate calculation.

Ron~Popeil
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
December 01, 2014, 05:25:51 PM
 #4

Most people that will click a link for a gambling site will play only dust amounts or use only faucet funds. The fine print on affiliate agreements might contain some limitations as well. For now it is still kind of a wild west situation with gambling sites.

jarrick
Member
**
Offline Offline

Activity: 78
Merit: 10


View Profile
December 01, 2014, 05:30:59 PM
 #5

Most people that will click a link for a gambling site will play only dust amounts or use only faucet funds. The fine print on affiliate agreements might contain some limitations as well. For now it is still kind of a wild west situation with gambling sites.
Yes of course. And dont forget all kinds of bonuses they offer. It will absolutely be their consideration for their affiliate revenue.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!