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The Affiliate Management team has been notified of the new post.
Couple of terms from the Aff T&C's concern me... Sticking to the topic of course
There will be some affiliates who for example live in a Country where they can not hold a Neteller or Skrill Account. Maybe a newbie is included in that demographic. Hence, making $1K in a given month or even in 6 months might be a challenge.
- If an affiliate requesting a bank wire payout has not achieved the minimum payment threshold of 1,000 €/USD/GBP/AUD/CAD within 12 months then the affiliate has the right to request a wire payout but agrees to cover the costs of their incoming wire payment.
Grant bank wires cost fees BUT it's the affiliate's money NOT the programs. Hence the affiliate should be given the choice whether they want to wear the fees for anything under $1,000. To impose a no-go-zone for 12 months if under the $1K threshold, isn't what I'd call fair play.
Here's one of many possible hypothetical incidents which would impact this term. Leaving the affiliate out-of-pocket.
- If the Affiliate disagrees with their payment received from the Affiliate Program then they have 20 days from the date their money is received to report their complaint. Their complaint must be emailed to the Affiliate Program at partnersATwagerjoint.com. If no reports are received within the 20 day period then it will be deemed that the Affiliate has acknowledged correct payment.
Affiliate-A is single and lives by himself. A day or two before he usually received payment, he unfortunately falls down the stair. Five weeks later he's discharged from Hospital, only to discover he has been short changed on the last commission payment. The 20 days has well and truly expired.
Just an inquisitive question fueled by these two terms, to whoever hands out these accreditation seals... Either these 2 terms were overlooked by accident or... They didn't concern you, if that later, why not?
Apart from that the T&C's seem fair.
Many thanks for this information 'KK'.
I fully understand now why the bonus terms have become more 'malicious' over the years. Despite the fact that you have a bunch of bonus hunters trying to exploit it, it's one area where an operator can 'get one over' novice players.
One question out the way. Now my next question. On average, what's the percentage in ratio affiliates send players to a casino as opposed to direct sign ups? I know this differs from jurisdiction to jurisdiction. I've heard that 70% of some operators' players base are referred by affiliates.
Yes, the deposit bonuses are critical. I would say the 200% deposit bonus converts much better than the 100% (we ran the 100% for a brief period of time and I think the 200% converts around 30% better). But overall, if 80% of revenues come from 20% of the players it is also important to analyze player values per promotion and other factors that are perfectly correlated to retaining players. I would say 90% of new players will always accept a bonus. But there is no doubt that that other 10% have a significantly higher player value.Here are the two most recent polls at Casinomeister on this subject:
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As you can see, the vast majority DO take them, which is one of the reasons I feel they are critical for conversions and why I focus on welcome bonuses so much.
KK
I think maybe the last 2 posts you didn't know this was a WagerJoint thread?
For players that regularly deposit $1k + per session bonuses are much less important and if these players account for 80% of revenue in the industry, it is prudent to consider additional factors like the Casino's retention and support system, e.g. I was testing the chat of a sponsor the other day and asked them if they had Microgaming and they replied "you mean the small games?". You cannot have that level of incompetency and expect to hold players. <snip>
the most important factor influencing high player values and revenue is definitely establishing a personal relationship with the players through player managers and instant competent support 24 hours per day.
Thank you for bumping this thread 4 months later... I had completely forgotten about itThank you for presenting the poll.
Thank you for bumping this thread 4 months later... I had completely forgotten about it
Any news on UK licensing?
Even if that's not in place yet, I have added WJ as a new program to look at when I get the chance...
KK