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understanding the new bonus system

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Viewing 15 posts - 31 through 45 (of 55 total)
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  • #689835
    Anonymous
    Inactive

    I would rather pay the $100 to my assistants than to be edited or god forbid, banned, so I am glad you didn’t. :bigsmile:

    I understand your point about wanting to wait and see the results after a few months. It makes a lot of sense to wait and see sometimes.

    For myself, I have had it with Casino Rewards, I am done with them, unless they decide to revert back to the old system…. But there is no chance of that from what I see…. but hey, I been wrong before.

    I like it when the affiliate programs practice the K.I.S.S. (Keep It Simple Stupid) Method of figuring the affiliate payments.

    A set percentage of the player losses – what could be simpler than that?

    As figuring your earnings in an affiliate program starts to get more and more complicated, the actual earnings of the affiliate goes down, at least that is what my experience has been and I been doing this since 1997.

    I don’t understand why people don’t get this, under this new system:

    The Affiliate Payment is a percentage of Casino Profit and Casino Profit = Player losses – Overhead Costs. (Just how does the casino figure their ‘profit’ and what are the casino overhead costs? Do they use US or British accounting methods or some other countries funky accounting rules? )

    The old system…

    Affiliate Payment = A Set Percentage of Player Losses.

    Yup, the set percentage has its drawbacks, no doubt about that, but at least you know what you are getting.

    P.S. If CR wants to make it better for the affiliate why not just raise the percentage the affiliate earns…. to say 45%???

    #689845
    Anonymous
    Inactive

    It’s based on this: http://www.blackjackballroom.com/security/pwc.asp

    And the simplest is percentage of deposit – like Slotland does.

    Gotta love that as far as KISS goes.

    #689849
    Anonymous
    Inactive

    And the simplest is percentage of deposit

    I stand corrected.:)

    But the percentage of player loss is also very simple.

    I think the real value of the PWC Auditor Reviews is in marketing the casino to the public and not in providing an account review.

    From PWC:

    The scope of this review does not include any reviews of financial controls or back office procedures, including those relating to amounts received from, or paid to clients of the Blackjack Ballroom Casino.

    #690042
    Anonymous
    Inactive

    Yes I agree I am not happy with the new system either I personally think CW should really let everyone earn under the old-fashioned way of percentage of player losses I am not going to the extreme of closing my account but they will not be listed very highly on my site. I really was liking the results I was having at CW, it was very competive with the 35% rev. share and it seemed to be working fine, everyone was making money, why fix something that isn’t broke? They should just allow anyone that wants to CONTINUE to earn and add players to a rev. share account, let them I do not see why this is a problem as they still have a CPA as an alternative earnings model so why not allow rev. share? It doesn’t add up in my book.

    #690116
    Anonymous
    Inactive

    that i am not allowed new players to signup under the old plan. I hve had a couple of registrations but no joins and I guess its because the old plan doesnt register new players. 100% rippoff

    I loved casinorewards and referback until they made things complicated. Complicated systems and beliefs are for people who wants to hide the truth.

    #690161
    Anonymous
    Inactive

    Gosh, I’m surprised reading some of this.

    From my personal experience, Rewards has the most consistant stats, pays the earliest, pays the most, and is the most responsive of all the MGS programs I have worked with. I wish all affiliate programs had a “Ryan and Renee” running it, and I’d have a lot less headaches.

    This is my first month on the new model and my earnings are just about the same as it usually is. Definitely no complaints. And I like not having to stress that the bottom could fall out at the last minute of the month when it comes to my payment.

    Thanks Ryan and Renee, I think you guys are doing a great job!

    #690171
    Anonymous
    Inactive

    100% rippoff

    Oh I agree, in my opinion casino rewards is a big :turkey:

    …Rewards has the most consistant stats, pays the earliest, pays the most, and is the most responsive of all the MGS programs I have worked with.

    Too bad I can only agree with one out of those four statements, they do pay early in the month.

    #690203
    Anonymous
    Inactive

    Lotso, you going to just discount everyone who relates their experience?

    It’s what Daera’s experience is and it’s just as valid as yours.

    #690241
    Anonymous
    Inactive

    I did not ‘discount’ Daera’s experience, I just disagreed with most of the points he/she made about the CR program baised on my experience as a CR affiliate for the last four years.

    If you or Daera likes the guys at CR, that is your right, I hope you all make a few bucks together.

    But I think that it is also my right to point out that I disagre with him/her and that I at the very least have as much or more experience with CR as Daera.

    Being a casino affiliate is a tough business, it has made me a person that questions everything and everyone online, especially peoples motives.

    My motive for posting what I have about Casino Rewards is to vent and warn other affiliates about what I consider a shady pratice that will cost them money, like it did me (If we don’t look out for each other, who will…. the casinos… HA!) I do wonder about the motives of some in this thread though…

    Added

    Oh Ya, Ryan at CR did finally close my account, but he forgot to send me my money… Can I say that not getting my money from Casino Rewards was expected?

    If they short me, they will short you.

    #690244
    Anonymous
    Inactive
    lots0 wrote:
    I do wonder about the motives of some in this thread though…

    Added

    Oh Ya, Ryan at CR did finally close my account, but he forgot to send me my money… Can I say that not getting my money from Casino Rewards was expected?

    If they short me, they will short you.

    Ah, so it’s a personal beef.

    But I agree, it’s a business where you need to watch out all the time.

    It has been my experience though that the CR program has vastly improved since Renee and Ryan took over, and I trust them. In other words, I share Daera’s experience.

    So what happened with your account? CPA problems?

    #690250
    Anonymous
    Inactive

    Ah, so it’s a personal beef.

    Nope, just business.

    I asked CR to close my account in protest over this new system about a month ago.

    I asked them to close my account as soon as I found out about this ‘new’ system and that they would not change their position on this new system. This was over four weeks ago.

    They just closed my account the day before yesterday (they did not even bother to answer my request to close my account for over two weeks), I found out today there has been no payment received.

    It is a very small amount of money owed only $200.67 (according to Ryan I had to have a $200 minium before they would send me my final payment).

    I even gave up a few money making sub-affiliates and what is left of my regular players from CCC.

    So in other words, I gave up money because I strongly believe that CR is ripping off affiliates with this new way to figure the affiliate end.

    #690252
    Anonymous
    Inactive

    Ah, so it’s a personal beef.

    Nope, just business. Although, I am disapointed with CR, it used to be a good program as far as I was concerned.

    I asked CR to close my account in protest over this new system about a month ago.

    I asked them to close my account as soon as I found out about this ‘new’ system and that they would not change their position on this new system. This was over four weeks ago.

    They just closed my account the day before yesterday (they did not even bother to answer my request to close my account for over two weeks), I found out today there has been no payment received.

    It is a very small amount of money owed only $200.67 (according to Ryan I had to have a $200 minium before they would send me my final payment).

    I even gave up a few money making sub-affiliates and what is left of my regular players from CCC.

    So in other words, I gave up money because I strongly believe that CR is ripping off affiliates with this new way to figure the affiliate end.

    #690257
    Anonymous
    Inactive

    Wow!

    Well, I like the wager system. It’s what Vegas has always based everything on, and they are sure healthy over there.

    And it works nicely for me because I have a lot of slots players who like the feature slots, which give lots of small wins all the time so you can play on and on and on… and they are wagering up a storm. I like these players and tend to focus on them because they are paying for hours of entertainent, which they always get, so they are happy and the winning is gravy when it happens.

    This month one of them did win big, and play it back, and I am happy as can be. I got paid for all the initial wagering, the winning doesn’t affect me, and now I am getting paid for the playing it back on top of things. A nice month indeed.

    I also love not worrying about winners, my balance can only go up, and never down.

    Maybe I will end up on your side of the fence in the long run, I don’t preclude it. I only look at the bottom line, and only time will tell how it averages out. For me, so far, so good.

    #690261
    Anonymous
    Inactive

    Well, I like the wager system. It’s what Vegas has always based everything on, and they are sure healthy over there.

    Oh I agree, Vegas is Healthy, very Healthy…:D

    But, Vegas does not use an Affiliate System. This is one area where land based and online casino marketing greatly differ, in my opinion.

    According to one land based casino owner, paying affiliates for a land based casino would be the same as giving the doorman a cut of every player he opens the door for.

    Added

    You can consider my comments about CR are done. I think I have made my point.

    But, I will let you all know if I ever do receive that $200.

    #690264
    Anonymous
    Inactive
    lots0 wrote:
    Oh Ya, Ryan at CR did finally close my account, but he forgot to send me my money… Can I say that not getting my money from Casino Rewards was expected?

    If they short me, they will short you.

    I cannot pay your account out until the end of the month. Closing your account at the start of the month just means less money for you & doesn’t get you your commission any faster. I was trying to let it run until the end of the month for you so you could earn more before payout. Might as well let it run ’til then and accumulate as much funds until you can actually get paid anyway?

    I also find it funny that anybody would think I have any motivation to keep money from affiliates. It’s NOT MY MONEY! I’m happy to give it away within the bounds of the affiliate agreement.

    I don’t think any affiliate has ever not been paid from us. Certainly not on my watch and there are active affiliates in this thread getting 5 figure paychecks from us every month. Heck, we even got William/Ih82lose his missing money from years before I started here.

Viewing 15 posts - 31 through 45 (of 55 total)