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February 3, 2014 at 8:15 pm #631047shishanMember
IGaming Partners – Problems. Predatory T&C. No Affiliate Supports.
Several days ago, i sign-up at iGaming Parthers, and detected several serious problem with this affiliate program.
1.) First: They promise 50% rev-share for all new affiliates, for first 3 months. But when i sing-up, and send traffic for they brands, i detected that i am on 25% RevShare plan.
2.) Second: IGaming Partners RevShare plan is fake. They promise RevShare from 25%
to 50%. Commissions | iGaming PartnersBut when you read they T&C (at another page) you may find this:
https://affiliates.igamingpartners.com/terms_and_conditions.aspQuote:CASINO NET REVENUE PER MONTH % OF NET REVENUE
Net Revenue Revenue share
$0-5000 25%
$5001-10000 30%
$10001-15000 35%
$15001-20000 40%
$20001-25000 45%
$25001+ 50%
Affiliates commission fees will be a percentage of the ‘Net Revenue’. iGamingPartners pays a commission fee on net revenue generated by the affiliate. An affiliate’s monthly payable balance is automatically reset to 0 Euros at the beginning of each calendar month, thus ensuring that any negative balances are not carried forward.
Casino net revenue is calculated as Player bets minus player winnings minus player bonuses minus transaction fees and admin fees.
Transaction fees are the fees the different payment providers charge on the player´s deposits and withdrawals. No transaction fees are deducted from Revenue Share.
Admin fees are the fees covering the cost of handling the gaming customer. This includes for example finance, risk surveillance and game software licensing. This fee is set to 20%.So if your player lost $1000 with “50% RevShare Plan” your real income = ($1000-20% Admin Fee ($200))*0.5 =$400 or
40% RevShare. I don’t understand, why they use such stupid marketing tactic. The one and only results – they made they affiliate angry.3.) Third: They don’t have supports. I sent message via e-mail, i sent message via internally message system, i contact with casino support (casino support promice me to send my claim to affiliate support), but results – no replay with in several days.
February 4, 2014 at 1:14 pm #835554reelvejaimaveuMemberLots of aff programs have Admin Fee which is deducted from the player losses. Nothing new..
February 4, 2014 at 1:43 pm #835555AnonymousInactive@Moonlight Cat
Thanks for the info. Was considering to sign up, but will surely walk away now
@Kononen 255054 wrote:
Lots of aff programs have Admin Fee which is deducted from the player losses. Nothing new..
Yes true, but in this case its a 20% admin fee.. Thats absolutely ridiculous.. thats about 15% to much!.. 15% cash they take from your pocket
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