MASSIVE Rev Share fees... WTF?

[GamTrak]

Hi All,

Let me do some clarifications:

Intertops has launched the “old” affiliate program in 1998 and has not changed the terms of calculation since I am with the company (and will not, as it is no development is done on it)

Thanks for that info. Roman.

I've tested your program and am happy with the results and since it's football season I hope I can generate a bit more income.

It's to bad this glitch happened at a time when us affiliates are on edge about shaving. It's only because I have known and met you for a long time now that I'm just gonna say that I hope this can be explained in a way that affiliates will feel secure about Intertops.

[KasinoKing]

• Has never changed the calculation basis – and will not.

Please let me know, if you need any further information. You may contact me at affiliate@intertops.com or here in the forum.

Best regards,
Roman

Hi Roman!

You know we've met a number of times and I think you are a great guy - one of the best in the business!
So you'll know this is not personal, I'm just trying to get my head round this.

I got a reply from your colleague which says:

Point 6. of our T&Cs say
'(Profit SB + Profit CS + Profit PK - Bonus - Royalties)' * 20%'
'Royalties' are the Progressive Contributions and Payment Fees.

So I'm guessing that the "* 20%" is supposed to indicate that the "royalties" is a fixed 20% regardless.
That is certainly how it works out; (Net Win - 20% Royalties) x 20% = 16% commission.

What I don't get is how you can justify this 20% "royalties" charge and why it is not clearly explained in the terms?
How can "Progressive Contributions and Payment Fees" add up to 20% consistently?
And why do Intertops charge for these when no other RTG (that I promote) does?

This really is very poor. I only just persuaded myself to promote you in the first place because 20% is so low, and now I find out it's really only 16%.
Why would I send players to you for 16% when I could send them to any number of other RTGs for 25%, 30% or even 40% in some cases!
I'm very disappointed in your company, and very angry at myself for not spotting this years ago!

KK

[KasinoKing]

Bump!
Still waiting for an answer from Roman...
PM sent 2 days ago - no reply.

KK

[Intertops]

Hi All,

Thanks for all your kind posts!

I understand it as the following: Affiliates are running their own business (regardless of part time, full time or even with employees) and need to look after the interest of this business. Therefore, I would never take comments like this personally.


Mark, we can always talk about affiliate commission percentage. I have sent you an e-mail. (On another note: Yesterday evening is not two days ago in my calendar )

Best regards,
Roman

[justbookies]

I got a reply from your colleague which says:

Point 6. of our T&Cs say
'(Profit SB + Profit CS + Profit PK - Bonus - Royalties)' * 20%'
'Royalties' are the Progressive Contributions and Payment Fees.

So that is the definition of the 'rev share admin fee.'

I get very significant deductions as well on 'parent net revenue' columns. A while back Intertops kindly gave me a clear definition of the parent net revenue:

"The Parent net revenue is used to calculate the bonus. Please let me explain this with an example: A player deposits $100, receives a $50 bonus and loses all the money in the casino. Then the casino net revenue would display $150, and the parent net revenue would display -$50 (this figure is always negative). You then receive your share of the difference ($100), which was the initial deposit."

What confuses my brain cell is that the 'rev share admin fee' includes a deduction for bonuses & the 'parent net revenue' is the deduction for bonuses. Are the bonuses being deducted in two places?

[TheGamblingGuru]

Hi All,

Thanks for all your kind posts!

I understand it as the following: Affiliates are running their own business (regardless of part time, full time or even with employees) and need to look after the interest of this business. Therefore, I would never take comments like this personally.


Mark, we can always talk about affiliate commission percentage. I have sent you an e-mail. (On another note: Yesterday evening is not two days ago in my calendar )

Best regards,
Roman

Thanks to the other poster for reviving this thread.

Roman, your explanation above appears as though it was never really clarified well...

Was your initial post above in this thread incorrect? Or are we affiliates of Intertops only actually making a 16% rev share?

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[KasinoKing]

Was your initial post above in this thread incorrect? Or are we affiliates of Intertops only actually making a 16% rev share?

If you are on the base 20% deal, then yes, you will only actually get 16% after the "Admin Fee" is deducted.
It's easy enough to check, if you just look at your stats for any earning month; Just divide your Commission by the Net Revenue & multiply by 100 to get the %.
( See my screenshot in the first post of this thread - though note that the commission in that month SHOULD have been $96, not $48 )

KK