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Gambling Wages adds RETROACTIVE High Roller Clause
Gambling Wages adds a RETROACTIVE High Roller Clause to their terms and conditions for the purposes of affecting all affiliates even in the current month’s owed earnings! Please folks, watch out for this group. They do NOT play nice.
TERMS ADDITION, COMMISSIONS, HIGH ROLLER / BIG WINNER CLAUSE
4.4. Negative balance: GW reserves the right to review all Negative Balances on a case to case basis for determination of pay amounts. GW also reserves the right to withhold partial or complete payments in cases of Fraudulent Player Actions, Chargebacks, and other specific instances, where intervention is required. In the event of no negative carry over and that an Affiliate has a player that has won more than $25,000 (a ”Big Winners”) in a single month which causes the Affiliates overall earnings to be negative, Gambling Wages reserves the right to contact the Affiliate and temporarily remove the Big Winner from the Affiliates Channel (herein known as ”Virtual fencing”). The formula that Gambling Wages will use to determine if a player has won more than $25,000 is on Net winnings less Total Approved Withdrawals less Bonuses from the first of the month until midnight on the last day of the month. The following outlines the Virtual fencing process: a. In the event that a player wins over $25,000 causing the referring Affiliates earnings to be negative at month’s end, that player will be temporarily removed or Virtual fenced from under the Affiliate, until which time the Big Winner has lost back their winnings. b. Earnings from the current month will be retained by the Affiliate, as the Big Winner will be virtual fenced in the month in which the win occurred. c. Once the negative net win from the Big Winner is recouped, they will be returned to the Affiliate to earn off future positive net win.
Summary:WATCH YOUR STATS!!!! Gambling Wages is using this brand new term to reduce current earnings. This is retroactive and another predatory move by GW. Shame on this group
Gambling Wages adds RETROACTIVE High Roller Clause
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