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Guys I just checked my stats at Fortune and was surprised to see that there is a new earnings scheme being launched. Are existing affiliates effected by this? Is Casino Classic Share the same program we have always had or are we impacted by the new plan details?
You would think we would be notified first! Do we have a partnership or are is this a tyranny?
Hello guys;
Casino Classic Share is the same earnings model as it always has been, ‘normal’ revenue share. If you are on this you can remain on it, or you can choose to change to any of our other earnings models.
We do have a brand new earnings model – Casino Profit Share – which launches today. To read more on it please go here: http://www.fortuneaffiliates.com/affiliate/forward.do?forward=CasinoEarnings_FA#cabem
Again, for our existing affiliates it is your choice to be on this or our other earnings models.
Thanks all,
Marvyn H
Thanks Marvyn
I am certainly relieved to hear that, though I do wish we would have been notified before today about the new schemes.Second question
If a new affiliate signs up are they able to select Classic Casino share, or is this option only available to existing affiliates?
My pleasure Professor.
And no, new affiliates who sign up with us cannot select Casino Classic Share as their earnings model.
Marvyn H
If we are currently on Classic Share, and want to remain on Classic Share, do we need to do anything? Or is it only if we want to change that we must opt in?
queriesresolved wrote:My pleasure Professor.And no, new affiliates who sign up with us cannot select Casino Classic Share as their earnings model.
Marvyn H
WOW – I would never sign up with you under the terms you have currently (since classic share is not available). I wonder who will?? The terms are VERY predatory, IMO.
Only if you want to change to a new earnings model need you do anything. Otherwise you will stay on whichever earnings model you are on currenty.
Marvyn
kwblue wrote:WOW – I would never sign up with you under the terms you have currently (since classic share is not available). I wonder who will?? The terms are VERY predatory, IMO.We now have 3 earnings models to choose from and they are totally your choice. Wager-share, Purchase-share and Profit-share. Any of the 3, depending on the type of players you send to us, can actually be more profitable for affiliates. They are all still revenue share models.
Which terms do you consider predatory?
Marvyn
What’s so bad about the new profitshare model? The percentages can be significantly higher if you’re doing any volume. Seems to me the only downside is negative carryover. But I’m surprised by how high the percentage of revenue share is – isn’t anyone else? Am I missing something?
cowboy wrote:But I’m surprised by how high the percentage of revenue share is – isn’t anyone else? Am I missing something?The reason we are able to pay at higher percentages to our affiliates on Profit Share is because we are sharing the risk more equally.
We also want to incentivise our affiliates for sending us more players, as is clear with the way this earnings model is structured.
Marvyn H
Marvin, this new commission scheme is a terrific idea – a way to positively reinforce promotion.
Offering higher commissions the more players we send is a breath of fresh air.
Would you please explain the new structure fully? It seems too good to be true to get a minimum of 40% and a max of 60%. There has to be a catch!
“Put simply, Casino Profit refers to the sum of all players profits regardless of which Fortune Lounge casino they play at. ” Does this mean that the revenues from all casinos are combined, so that a big win at one may wipe out all profit?
queriesresolved wrote:We now have 3 earnings models to choose from and they are totally your choice. Wager-share, Purchase-share and Profit-share. Any of the 3, depending on the type of players you send to us, can actually be more profitable for affiliates. They are all still revenue share models.Which terms do you consider predatory?
Marvyn
Negative balances are carried forward and continue to carry forward month on month until any negative balances have been recovered. Should you wish to switch from Profit-share to an alternative Activity-based model you will be unable to switch until all negative balances have been recovered.
A New Active Account is a player that has opened an account, purchased and wagered witin the current month.
PLUS – The fact that all cainos are bundled.
That sucks for new affiliates who won’t have much of a choice in the matter from what I have read.
I’m an existing affiliate who was on the classic revenue model but switched to try out the percentage of deposits model this month. I am still allowed to switch back to classic when I want?
