It was back in April of 2006.
I didn't like the changes enough to drop rewards and walk away from a nice stable of players I had built up with them.
I wrote this at the time...You can see what I wrote here."CasinoRewards no longer pays a percentage of player loss they pay a percentage of what they call the "casino profit". Casino Rewards gives no information on how they figure the 'casino profit' or what the casino profit is.In our opinion this is just another scam to rip-off casino affiliates."
Lots 0 Cash Gambling Information | Casino Rewards
Ok, that is what I thought, the rev share versus the wager share. That was resolved favorably for affs.
The fact that this ended up being resolved favorably is why I held out hope that the current issue would be too, but apparently this one will not be resolved.
Resolved favorably for affs... I guessed I missed that part.
As far as I know rewards never changed a thing, they just made nice with some high profile affiliates in the forums, hired Renee to smooth over angry affiliates and everything was all good... for them.
Why would an 'honest' affiliate program make figuring their commission so difficult that you need a play book(that they don't give you) and a CPA just to figure out what your owed?
Now if you can figure out how rewards figures an affiliate commission... Based on this statement of theirs and what they have written on their site... your much smarter than I am.How commission is calculated:
Margins were taken based on PWC Payout Reports, then Payout is calculated at 35% of margin - (35% of applicable gaming taxes and fees):
It is obvious to me, that the ONLY reason for making the way they figure affiliate commissions so complicated and confusing is so they can pay affiliates what they want, not what the affiliate actually earned.
And yes they do offer other options, but who in their right mind would go for a $50 CPA with the kind of restrictions they put in place? Or that tiered rev share that is so low it is not worth the smaller average affiliates time.
Crooks are crooks... they are going to steal from you one way or another, if you let them.
Cross marketing is just the latest scam from rewards to rip-off affiliates, imo.
Last edited by lots0; 02-03-2012 at 02:06 PM.
Guard Dog (02-03-2012)
They made it a choice for existing affs. You could stay with the old rev share or switch to the wager share. New affs went on wager share from the start.
Wager share is how Vegas operates - how they calculate what comps they give out etc.
Wager share is horrible for affs with players who for instance make a few high bets on BJ or Roulette. But it's great for affs whose players play slots with small bets. It doesn't matter of players win or lose, just the volume of play matters.
Anyway, this is not really the topic of this thread. I just stumbled across your remark.
Maybe we should get back to the topic - the current issues.
Current issues... past issues... they are issues.
Come on Dom, rewards made nice with you... let you and a few others keep your old payment plan so you, and a few others, would shut up about how the new deal was screwing affiliates. They played the affiliate community like a fiddle.
They offered me the same deal, but I chose to walk away. Because, as this whole thing shows, once a crook... always a crook. It was just a matter of time before Rewards decided to screw affiliates in a major way again...
The thing is that this time, Rewards is so far not willing to cut special deals to shut up the high profile affiliates.
Of course if enough pressure is put on Rewards they may rethink this policy and make nice with the high profile affiliates again. But I think this time it will take a lot more than just some angry posts in the forums.
Last edited by lots0; 02-07-2012 at 02:55 PM.
inspiration (02-07-2012)
