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November 30, 2009 at 6:24 pm #619674goldncasino.comMember
In my opinion, the reason that affiliates promote GW is because of there high amount of free chip the new customers can recive when they sign up.
Lets take clubplayer: $65 Free chip. That is very interesting, isnt it? It gives your webpage an eye catch, make’s you webpage good looking for the visitor.
If someone reads or looks a sentence to which an opinion is requested, the brains have been negative or even a signal of agreement before the entire sentence is read and understood. It appears that within 200 milliseconds an opinion is formed unconscious, which affects the further sentence processing.So, a FREE chip of $65 makes new customers say yes i want that.
Affiliates promote this with the hope to geth new depositers for the casino and recive profit.
Now lets talk about the main problem for the affiliates:
A) How do we geth profit? lets say the player deposits an amount of $100. He/she use a coupon code, lets say 400% extra bonus.
– The deposit amount and bonus needs to be turned over 25x to 30x. That is a hard job on its self to geth true. 100 + 400 x 30 = $15000
even the given $400 bonus amount is non cashble, so it makes it $15400.00:hattip:– When he or she (player) lost that $100, you will earn lets say 30% of it.
And then the manager starts to give the pepole that has clicked on the download button and have registered for a real account, a free chip. How big this chip everytime is, no one knows.
Buth we know everytime the manager gives bonusses, our earnings go to ZERO!!!
They do have insurrence on deposits of $100 and more, buth the max cashout is 1x the given bonus amount (insurrence amount).
Lets say that GW is a very trusted affiliate program and they dont manualy change affiliate earnings so it dosent come manualy negatieve, then the big problem starts when someone has wone more then $100. Lets say $700. The max amount you may cashout on this 1x insurrance amount bonus was $100.
When customer service wants to remove the amount higher of $100 ($600), something gooooooooos wrong oh boy oh boy …and that results in this:
Number of Clickthroughs: 38
Number of Downloaders: 19
Number of Players: 2
Number of New Depositors: 0
Total Initial Deposits: $0.00
Total Deposits: $1,015.00
Net Win: $3,811.49
Coupon Amounts Awarded: $2,026.00
Manager Credit Amounts Awarded: $1,819.50
ChargeBacks: $0.00
Net Profit: (Net Win – Coupons – Credits – Chargebacks) ($34.01)
Amount Deducted: $0.00
Amount Miscellaneous Adjustments: $0.00
Amount Added For Reversed Bans: $0.00
Amount Earned: ($10.20)
Amount Earned From Tiers: $0.00So what gos wrong? they approve the cashouts in the system buth they dont PAY the player. Because the max amount to cashout was only $100 and not the winning $700. That is the reason our earnings drop! check out, try it your self!
a second matter here is:
How much free bonus has the manager given to this 2 players afther they lost their bets? Because this players alredy have taken the bonus when they did their first deposit. They lost it already. Lets say they have requested the 100% insurrence and they lost it too.
When they loose the given bonus, deposits and insurrence, the affiliate earnings shuld go back to the amount of % we normaly earn, in this case if it was 30% it should go back to plus $300 if players have deposit $1000 in total and lost it (example).
If i had a casino and did the same thing on 1000 affiliates, then i have made 1000x $300 = $300,000 in a month x 12 = 3,6 million in a jear.
:santa2: ho ho ho
December 2, 2009 at 12:20 am #806187goldncasino.comMemberI am going to solve the mystery of dropping affiliate earnings at the end of the month, take a clear look at the pictuurs:
Pictuur 1)
In this pictuur, the amount of $11,654 has been removed from the total amount allowed for cashhout, wich was $1000, I repeat: this amount was NEVER paid, just removed from the total balans Now see pictuure 2
Pictuure 2)
– In this pictuure, 2x $1000 = ($2000) PROMO CREDIT BONUS ( free bonus ) was given by customer service, thank you for it. :hattip:
– at the buttom we also see $1000 Cashout was approved.Balans:
$ 12,654 in winnigs. $11,654 was removed by the manager because the max cashout was $1000 and + $ 2000 free bonus (lost it)
Here comes the Blackjack:
Deposit amount: $282, minus cashout amount $1000 = $718
So the negatieve pofit should be: $718 and NOT $11,872.83
and
Amount earned should be $718 x 30% commission = minus $215,40 and NOT $3,561.85So, the problem of the affiliates is the amount that every time has been removed and registered as APPROVED.
If u dont understand i will explain: all casino’s at GW have for 97% MAX cashouts. So all winnigs above the MAX cashout will be removed from players balans. In this case the amount that has been removed is: $11,654.00In my opinion, this is enough proof to geth back and have a very good luck at ALL your affiliate’s earnings and pay them all the deserved earnings.
3,6 million? :turn:
December 2, 2009 at 1:06 am #806188AnonymousInactiveMakes sense to me! :hattip:
January 24, 2010 at 9:54 pm #807753goldncasino.comMemberEarnings for December and November have dropped to ZERO again! They say wherever you smell a rat .. their is a rat!
January 25, 2010 at 2:19 pm #807776Robert GMember@Aladdin 215341 wrote:
Earnings for December and November have dropped to ZERO again! They say wherever you smell a rat .. their is a rat!
Aladdin,
This is very simple and we have explained this issue before, but let me make it clear again.
Our casinos have a high bonus module and that is why we have the highest convertions out there. Unfortunately when we give out these incentives to bring back your customers to redeposit that increases your earnings and if they do not deposit we need to take that “fake” money out and then you feel like we are taking your earnings away but that is not so…what you see in the end is what you really are making.
You can always find me or Vipin Affiliate Director ( [email protected] ) to help you understand better how we work and answer any questions you might have.
Thank you,
Steve Ariel
July 9, 2010 at 11:27 pm #811058jackybetMember@Steve.gamblingwages 215373 wrote:
Aladdin,
This is very simple and we have explained this issue before, but let me make it clear again.
Our casinos have a high bonus module and that is why we have the highest convertions out there. Unfortunately when we give out these incentives to bring back your customers to redeposit that increases your earnings and if they do not deposit we need to take that “fake” money out and then you feel like we are taking your earnings away but that is not so…what you see in the end is what you really are making.
You can always find me or Vipin Affiliate Director ( [email protected] ) to help you understand better how we work and answer any questions you might have.
Thank you,
Steve Ariel
LMFAO :laugh:
How You roll? I think I get the big picture on how You work :blahblah:
July 10, 2010 at 4:54 am #811062 -
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