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slotplayer wrote:How did you do with cr’s true wager vs. some other comission payment structures like brightshare for instance?
How is Cocoa Casino? Might want to add them.
Cheers
Personally I do considerably better with CR than with Brightshare. Brightshare bundles and I just noticed I get 24.16% revshare. How weird is that?
CR’s turns out to be right around 35%. Don’t ask me to walk you through the math on that, but someone walked me through it and that’s what the wagershare ends up being.
That said, brightshare is soon releasing new stats and new models so I will bide my time and likely switch to a different earnings model with them.
Cocoa is promising. Nice retention.
Hi everyone,
I have also big problems with CR and will also take banners down now.:shakebutt
Problems start last month after they lock my accont (they said to be sure i contacted them) and send me an email asking for some updates:stirpot:
After the contact my account was counting very small earnings and my earnigs from the month of May i have still not received :nono:
Before the contact my account was running very cool with big earnigs. Now $39 for the month of Juli.. in May over $3300 in earnigs witch i have still not received…
They told me money was sendt with wire and they can do nothing to make the payment faster ???:whoa:
Everyone be careful with thise program.
I have talk to other webmasters with same problems!Have a nice day.
Best Regards.Email: from 2006-06-15
Hi xxxxxx,
Recent commission payments have come back needing an IBAN number for your wire details. Unfortunately the processors will not send the payment otherwise.Can you please send me your IBAN number so I can have your payment sent promptly.
This will be my final request.
Cheers
Kindest Regards
xxxxxxx
Affiliate Coordinator
:hattip:Here are my numbers for June and I am not happy. Here is wagered vs. my earnings $81,163.02 $796.10
not even 1% this program is on the bring of being eliminated. why don’t they show the stats of deposits like the others do.
Brian
Dcbonus wrote:Everyone be careful with thise program.
I have talk to other webmasters with same problems!Hi All,
Having a vent about the wager model because you don’t like it can’t understand it is one thing. It’s a totally different thing to say anybody has a problem getting paid from us. What this person has posted is simply not true.
The person is waiting on swift/tracking code on a wire which was sent out on time with the rest of the payments. Unfortunately, we’re not the bank and cannot provide the swift/tracking code at will. As a result, both us and the affiliate are left waiting for this confirmation. Obviously, we will pass it along to the affiliate as soon as we get it.
islandmaan wrote:Here are my numbers for June and I am not happy. Here is wagered vs. my earnings $81,163.02 $796.10not even 1% this program is on the bring of being eliminated. why don’t they show the stats of deposits like the others do.
Brian
Hi Brian,
FYI: those earnings you posted $71 off where you would’ve been on the old RevShare model. Also worth noting is that the month before you were up $340 on the wager (so the revshare would’ve been lower) … now this month you’re about $100 under on the wager … so it’s working out to about where it ‘should’ be … it’s just hard to get used to because the wager numbers grow so quickly.
That coupled with the summer slow down leaves everybody grasping for an explanation. Is it September yet??
BTW, I understand that backs your point about the deposit (or if not deposits, profit to the casino) amounts being shown… which I agree with, and am still working on them (bosses) on. Obviously, will keep you all posted.
slotplayer wrote:Diceman,With 8 new players you would have done better with the $50 per join.
Actually those comissions are roughly .88% of wagering. Wasn’t it supposed to be like 1.3%? Did I miss something? It’s worse than I though.
Dominique you must have some players that sit there for hours if you’re making decent $$$ with only a .88% comission.
Cheers
First, 8 new players on the wager model means 8 players have placed a bet. Not 8 players qualify for a ‘join’. So while it is certainly possible, it would be the same as batting 1.000 in baseball. That is, you’d have 100% success rate of players to joins. We all know this isn’t very likely.
Second, the numbers diceman posted:
17,168.76 $189.93
= 1.1% … not .88%. If you’re going to argue a point, at least break out the calculator for the core of your statement.Your post also hints that you don’t really understand this model … specifically the different game types. Different game types yield different margins. Before I go on, let’s make sure we all understand what this means.
Different game types yield different margins.
This means that a dollar deposit and played on slots (1 game type) will be wagered a different amount of times than video poker (another game type).
So you don’t get paid less on video poker than you do on slots … yes, the commission on wagering is different… but that’s wagering. As I just explained a different game type will yield a different amount of wagering (on the average) than another game type. To further clarify: The same $1 deposit will produce a different amount wagering depending on the game type it was played on. So, back to the point, you don’t get paid less on video poker than you do on slots. In both situations you get 35% of the profit margin. Our profit is that profit margin, and you get 35% of it.
I hear people say, I’m only going to send slots players because I get paid better for them. It’s not the reality. The commission on wagering is different, but both should work out to the same commission amount in dollars whether it was played on slots or video poker. Obviously, this is because the video poker will produce a lot more wagering than the slots will. Similiarly, the commission on video poker is lower than slots to compensate for the difference in wagering.
Hope that helps those interested in understanding more.
greek39 wrote:I am not knocking CR but if the program does not work for you, consider someone else. In the long run it will save you time and the constant headaches. There are considerable amount of programs to choose from. This is the lesson I have learned over time. greek39This seems like a given to me, but to reiterate greek39’s point:
Obviously, we want all the good affiliates we can get. Who doesn’t? That said, we are in a partnership! Nobody expects you to ‘invest’ your traffic in something that isn’t producing results.
So, if it’s not working for you – that sucks, and if you move on I’m sorry to see you go – it’s our loss. That said, it’s certainly understandable… wager model aside … if something doesn’t work for somebody, obviously they will eventually move on.
The company has decided to make the move to this model. Some affiliates love it and do above average on it.
Most affiliates are pretty close to where the used to be on the revshare model. Slightly up or down, but mostly where they’re supposed to be. (this is what is supposed to happen)
Others aren’t getting the results their used to, so instead of trying to understand it … they are just screaming ‘scam!’ from the top of their lungs. I’m not debating that you should be able to come and voice your opinion here, that’s what the forums are for! That said, some of the posts are people just making stories up to explain what they see … but there’s no real understanding of what they are talking about.
I think the later is the most unfortunate. The reason being that overall this model pays out more to affiliates than the revshare model did. It would be great if everybody had a player base that played to the averages, but it’s not the reality. However, just because the players YOU send do not yield a high commission on this model, doesn’t mean the next affiliate’s players won’t.
I also think the timing on the wager model is less than ideal as the summer slow down has touched on everybody’s bottom line … so more are seeing smaller commissions that what they’ll see come September timeframe … but hopefully affiliates understand that’d be seeing smaller commissions on the revshare model too … just an overall slow down.
All that said, I’m not saying I don’t understand your frustrations. Of the affiliates who earn less … when you’re used to making X, and now you’re making Y … the frustration is understandable. I’ve taken all your concerns and make sure they are known to management here.
To the rest, keep up the great work and feel free to post in here to help me out every once in a while … instead of just taking our money
Ryan wrote:This seems like a given to me, but to reiterate greek39’s point:Obviously, we want all the good affiliates we can get. Who doesn’t? That said, we are in a partnership! Nobody expects you to ‘invest’ your traffic in something that isn’t producing results.
So, if it’s not working for you – that sucks, and if you move on I’m sorry to see you go – it’s our loss. That said, it’s certainly understandable… wager model aside … if something doesn’t work for somebody, obviously they will eventually move on.
The company has decided to make the move to this model. Some affiliates love it and do above average on it.
So far, so good
Ryan wrote:Most affiliates are pretty close to where the used to be on the revshare model. Slightly up or down, but mostly where they’re supposed to be. (this is what is supposed to happen)Others aren’t getting the results their used to, so instead of trying to understand it … they are just screaming ‘scam!’ from the top of their lungs. I’m not debating that you should be able to come and voice your opinion here, that’s what the forums are for! That said, some of the posts are people just making stories up to explain what they see … but there’s no real understanding of what they are talking about.
Dear Ryan,
You were right by saying “Most affiliates are pretty close to where..” .
Most is not a concrete parameter. Most can be 65%, 70% or higher. that can certainly allow hundreds of “unhappy” affiliates because your model works fine for players that do deposit a few hundreds at least and play consistently.I am sure you (CR) have understand that this is not the case with ‘small players’. and this is the cause of the real frustration.
Let me tell you something,
I’ve started my online marketing venture in 2001 and didn’t earn a single $ for a whole year. After a year, i made my first $100. Funny, it looks so much to me back then. since then, i lived from making a $100 here, $500 there etc.Gambling traffic is hard to get, to many affiliates sending the small traffic amounts they have to a program hoping it will convert, is a daily struggle.
Sending this traffic and earning cents for it after endless hours of hard work on sites, link trades, and all the other things.. can surely cause the deepest frustration. I am not surprised to hear many are dropping CR as they can’t afford promoting CR for pennies. they have to make a living after all.It is obvious that either CR and the affiliates can’t perdict nor control the amounts of money a player will deposit or how long will he play. No one can blaim it on you.
I assume CR can already experience the impact of the new model in new affiliate joins, new affiliates that quit shortly after realizing they earn pennies and seasoned affiliates that send mostly ‘small players’.
IMHO, you should offer something that will keep these small players affiliates happier and keep promoting CR.
As for my self, I still promote CR. The only change is that my primary marketing efforts are aimed at other programs. CR is still on my sites and will remain there.
I was surprised to read “they are just screaming ‘scam!’ from the top of their lungs”. I have never read a post where CR was called ‘scam’.
Hey Ryan…
You are right trying to get deposits into the reports. You should also provide a calculation called `Percentage` which would automatically calculate a `classic revshare`.
This might eliminate 80% of the people complaining about revshare vs. wagershare.
AND it would give us a real baromoter of how we are actually doing!
Everyone sends a lot of small players. Some sites attract more large players than others. If you target freebie seekers, they will mostly be lower depositors and quickie players.
If you attract players looking for specific informaton, you will have a better chance at bigger players.
That is why it’s good to have a site that deals with a very specific aspect of the game you know best. The more info you can provide about this very specific aspect, the higher you rank in the search engines for it and the more very targeted people you attract. It will also enable you to use very targeted banners and ads and convert better.
And these are the players that will play longer and harder and will make you money here.
The less targeted (i.e. the less specialized the interest) the player is, the less s/he will wager on a specific game.
And in this case, it’s not the large deposit that matters at all, it’s the wagering. You can make good money off a small depositor making small bets and playing perfect strategy for that game. A person who deposits 1000 and wagers it all in one bet is not profitable to you. A person who deposits 100 and plays for an hour is very profitable.
I imagine that’s why deposits are not shown, they are totally irrelevant on this system.
So, are you sending players who hope for a quick win? These don’t do well here.
Are you sending players who love a game? These will perform well for you.
Regardless of amount of deposit.
Dom,
With all the respect, i tend to disagree.Me, and i am sure there are many others like me send CR the same traffic we send to other programs.
The traffic i for example send to CR comes from the same site/s for the same keywords etc. Yet, CR converts poorly while other programs make me a 4 digits income each.
How would you explain that?
Exactly like I outlined above.
Don’t know how else to put it.
Ryan wrote:First, 8 new players on the wager model means 8 players have placed a bet. Not 8 players qualify for a ‘join’. So while it is certainly possible, it would be the same as batting 1.000 in baseball. That is, you’d have 100% success rate of players to joins. We all know this isn’t very likely.Second, the numbers diceman posted:
17,168.76 $189.93
= 1.1% … not .88%. If you’re going to argue a point, at least break out the calculator for the core of your statement.Your post also hints that you don’t really understand this model … specifically the different game types. Different game types yield different margins. Before I go on, let’s make sure we all understand what this means.
Different game types yield different margins.
Our profit is that profit margin, and you get 35% of it.
Hope that helps those interested in understanding more.Actually I did break out the calculator. Perhaps Diceman’s numbers work out to 1.1% but my numbers and some in previous posts were around .88%.
I think most understand that different games yield different profit margins as far any casino is concerned online or land-based and the affiliate comission is 35% of whatever that amount may be.
What I’d like understand more is the algorithm used to calculate the casino’s profit.
Dom is correct in targeting a specific niche market. Slot players aren’t really interested in table games.
My overall earnings have dropped about 87% on average since this wagering model took over. We have stopped promoting them as a result.
Just so you all don’t feel alone….lol
wagers $4,436.94 profit $16.88
