Nordicbet adds Loyalty Bonus Rule

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Nordicbet adds Loyalty Bonus Rule
TERMS SPIDERED ON JANUARY 11TH, 2011 09:45 AM
SUMMARY: Nordicbet has added a 'Loyalty Bonus Rule' to ensure that affiliates do not give player incentives. Any such action can now be fined and set against commissions.


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TERMS UPDATE- LOYALTY BONUSES

. 2.10 Any Affiliate needs to follow the rules for Loyalty Bonus payments ( rakeback) set by the Merchants ? poker provider from time-to-time . Any Affiliate that breaches this obligation ( e.g. gives a higher Loyalty Bonus than allowed under the respective rules ) will have to reimburse Nordicbet the fine payable to the poker provider whereas Nordicbet may set the fine off against the Affiliate commission . Nordicbet also reserves the right to withhold the Affiliate commission while it is determined whether the Loyalty Bonus rule has been breached or not . This rule applies to any promotion which directly or indirectly can be seen as an additional Loyalty Bonus payment as well as any other payment of similar effect outside the control of Merchants ( e.g. Affiliate payments made to customers through e-wallets or to other e-gaming accounts) . In case of any dispute arising out of or in connection with this rule , you accept that Nordicbet decision is final and binding on you in the respective matter.


SUMMARY: This is more of an incentive clause than a loyalty bonus clause, but works to ensure that affiliates are not giving players more incentives on top of the Loyalty Bonuses.
Nordicbet adds Loyalty Bonus Rule
 
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