- This topic is empty.
-
Posts
-
Congrats on the new stats interface! :bigsmile:
Few questions about my June stats:
Winnings (amount lost by player to the casino): $1,935.88
Profit Share: 25%
Revenue: $483.97 (this is 25% of $1,935.88)
Player Comps: $135.47
Finance Fees: $29.03
Earnings: $319.45 (= $483.97 – $135.47 – $29.03)So the actual percentage that I earned in June is $319.45 / $1,935.88 = 16.5%.
Huh? 16.5%? But… I thought the rate was 25%?
Other months are similar, but not quite as low as June. Here are a few more months of data:
April: 18.5%
May: 18.5%
June: 16.5%
July: 21%Putting this into perspective — If one of my players loses $10,000 at Golden Palace (Casino Blasters), I end up with $3,600 in my pocket (36% of $10k = $3,600). But if someone loses $10,000 at The Sands (Focal), I end up with $1,650 (using the June percentage) — that is a difference of nearly $2,000 compared to Casino Blasters!
Why are you charging a 1.5% “finance fee” on the player losses?
Say someone loses $1,000 at the Sands casino. My cut is 25% ($250). But then you deduct 1.5% of $1,000 ($15), and then you subtract the full amount of the player comps on top of that.
How is this a good deal for me? Why should I continue to promote your casinos, knowing that I could send the traffic elsewhere and take home an additional 10-20% of the player losses? :unhappy:
They are screwing you with the player comps.
I like the new site alot.
I looked for the chart with the progressive % increases but didn’t see it.
Something is wrong here isn’t it?
Let’s deal with the bits that I can relate too.
Finance Fees.
I’ve got one sportsbook that passes on to me a share of finance fees – it’s the little charges that they have to pay to Neteller, Western Union, Visa, Moneybookers (etc).But my sportsbook reports it in minute detail – player account, deposit amount, method, charge, my share etc. So I know it’s on the up and up.
In general it comes to around 3% of total deposits, CC and bank transfers are higher, Neteller and Moneybookers are lower. So my share (at 30%) is 0.9% of total deposits.
For you to be paying a 1.5% finance fee at just 25% share suggests they’re paying 6% for transfer …
I think that is not true – so you’ve got a legitimate gripe with this one.
Are they charging it all to you?
If so then this needs to happen tot the total before your share is worked out.
Players Comps
I assume that this is bonuses and freebies?
Do you have the REAL deposits total?
Does $135.47 seem like your share – or the total of comps?If it is your share then I would say that is it correct – you can’t get paid for lost credits that were never real money deposits?
But if it’s total comps then it needs to come off the winnings – before they calculate your share.
Whatever the case – you are certainly going to get less than the headline share of 25%.Unless they’re a hugely unique site – or convert brilliantly for you visitor base you know that you’d be being paid better elsewhere …
:eh:It’s time for a change I think …
:Nod:Hi Engineer,
The rate is in fact 25%. $1935.88 (.25) = $483.97
You are assessed your affiliate percentage (25%) of the fees to your players.
Your players earned $541.9 in comps for June, so you are assessed the $135.47 or 25% of $541.9. You will find this standard across most affiliate platforms.
The $29.03 is 25% of the finance fees assessed to The Sands as the Sands needs to pay the software provider, Cryptologic, for player transactions. You are assessed your affiliate percentage of the finance fees as this is a cost incurred by the Casinos.
==
Focalclick takes out fees after the affiliate percentage is figured out. Many affiliate programs you are used to will take out the bonuses from the gross loss. In your example…other programs will do this..
$1935.88 gross losses – $541.9 bonuses given out – 116.12 fees = $1277.86.
Then you are given your affiliate percentage 0.25 * $1277.86 = $319.46
With some affiliate platforms, they do not even show you the bonus or finance fees taken out. We wanted our affiliates to be shown exactly how the amount is calculated. If you are curious on other platforms, I would be sure to ask how exactly the bonus and finance fees are handled.
If you have any further questions, please let us know.
Regards,
TheGooner wrote:
Finance Fees.
I’ve got one sportsbook that passes on to me a share of finance fees – it’s the little charges that they have to pay to Neteller, Western Union, Visa, Moneybookers (etc).But my sportsbook reports it in minute detail – player account, deposit amount, method, charge, my share etc. So I know it’s on the up and up.
In general it comes to around 3% of total deposits, CC and bank transfers are higher, Neteller and Moneybookers are lower. So my share (at 30%) is 0.9% of total deposits.
For you to be paying a 1.5% finance fee at just 25% share suggests they’re paying 6% for transfer …
I think that is not true – so you’ve got a legitimate gripe with this one.
Are they charging it all to you?
If so then this needs to happen tot the total before your share is worked out.Are these in our contracts? Never heard of them before…
Engineer, I feel your pain. I am surprised that you got that much. It is getting difficult for me to push Focal Click.
August stats:
60 Players
36 New signups
Gross Revenue – $3,621.97
Gross Comps – $4,441.85
Finance Fee – $217.31
My Revenue – $1,267.69
My Comp % – $1,554.65
My Finance Fee – $76.06My Payment – ($363.02), which rolls into next month.
I had a guy drop 1200, and four others drop between 500 and 600. They also had a promo going where if you sign up 10 new players you would get an extra $500 in August, which I did not qualify for since my comps were so high.
Maybe Focal Click is the only one that breaks it down, I don’t know. It really sucks though to see something say “Your Revenue $1,267” and get nothing though.
Hi Casinodave,
We’re just trying to be honest about the fees, comps and bonuses we have to deduct from the revenue of our affiliates. In your case, the customers received $3,050 in Crypto bonus money in August. They also received $1,391.85 in Peak comps during the month. You’re only assessed your percentage of these bonuses / comps but the total amount of bonuses / comps ($4,441.85) given to the players exceeded the total amount lost ($3621.97) during the month. This is why we must assess your percentage of the bonuses / comps given. Hopefully these same players will stick around and their losses will eventually exceed the amount of bonuses / comps they receive during the month.
I understand how it could be frustrating to see $1,267.69 in revenue, yet not receive any payment, but we hope that by showing you the big picture (fees/comps/bonuses given) you will understand why no payment was made.
Regards,
