Retroactive Terms Poll - Playshare

[dominique]

Other than the retroactiveness (meaning violation of contract) my issue with this is the first month. IMO the player should be fenced IMMEDIATELY upon winning, as is the case in the new Casino Coins term.

That would be the issue I have with the term itself.

[Guard Dog]

I have the same issue. I think we all understand that if a player wins $400,000 and loses it all immediately in the next month - that is difficult for the program to absorb (even though programs have been doing this for years and most continue to do this).

Here is what I see based upon your own example:

playshare.jpg

Let me know if I am wrong.... But if you look at the 1st table (your relatively-new high roller clause) and compare it to the 3rd table.... It is plain to see that you are removing $6,000 in affiliate commissions that have nothing to do with the 'High Roller'.

[alex777]

I am not an affiliate with this program, but I can say only two thing That term is good for casino operators only, and bad for affiliates.

So, I would not join and promote anything with terms like this.

[inspiration]

I think the numbers in your example are not correct

With Highroller policy :

M1

20,000 regular
-400,000 HR
-120,000 net rev HR
-100,000 all net rev
0 all net rev @ 30%

M2
20,000 regular
400,000 HR
-400,000 HR carryover
0 net rev HR
20,000 all net rev
6,000 all net rev @ 30%

[Guard Dog]

I fixed my image - thanks for catching that mistake (which was in the first example only, with the new High Roller clause). Everything else was correct as far as I am seeing.

[inspiration]

will the commissionwarehouse (playerspalacecasino) program get the same clause because they are part of G3??

Yes the other numbers seem to be correct IMO

J........30% @ 400,000 ........ the good times are over now ?

[Guard Dog]

will the commissionwarehouse (playerspalacecasino) program get the same clause because they are part of G3??

Yes the other numbers seem to be correct IMO

J........30% @ 400,000 ........ the good times are over now ?

Commission Warehouse got the term at the same time Playshare did as far as I can tell. It's in their terms currently: Commission Warehouse Affiliates | Terms and Conditions

Section 9.

[Engineer]

Other than the retroactiveness (meaning violation of contract) my issue with this is the first month. IMO the player should be fenced IMMEDIATELY upon winning, as is the case in the new Casino Coins term.

That would be the issue I have with the term itself.

Let me know if I am wrong.... But if you look at the 1st table (your relatively-new high roller clause) and compare it to the 3rd table.... It is plain to see that you are removing $6,000 in affiliate commissions that have nothing to do with the 'High Roller'.

I agree with both of these comments. If you're going to fence, commissions from the other players shouldn't be affected.

But I think the retroactiveness should be addressed first.

Lawrence, what do you think about applying the high roller policy only to players referred after the new clause went into effect? I think that is the fairest way to handle a change like this -- do you agree?

[inspiration]

If there is more than one high-roller, the negative balance carried forward will be split proportionally between them.

I do not like that either.

Let's assume you have player 1 won $11,000
player 2 won $49,000

On average this is $30,000

The advantage of the split is not on our side for player 1 either, I could start earning once he loses $11,000 so I have to wait for the average being met.

[mojo]

This term is complicated but there is another problem I would like to get out there for consideration.

The threshold is set at 10k. So if your player hits 9999.99 this doesn't apply. The first 9999 is forgiven. However, your player hits 50k and the whole amount is carried forward. The first 10k should also be forgiven. In other words, the carryover should be 40k.

It's a win win for the casino. Besides the '1st month' confiscation of funds, then there is the threshold.

My two major problems with the HR term. (I have quoted from another thread.)

First:

April
5 players earn you 2K
1 player hits 10K

You lose all earnings under the HR rule in April. Then in May your 10K player plays it all back. You are even on THAT player but you have still lost the 2K from your other players in April. Why is that? Why is your HR back to even but you have still lost out your April earnings from other players. Who gets those eanings (2K)? The casino can make a good sum from our earnings.

Second:

" Since the regular terms of these programs using this HighRoller Term allows for there to be NO NEGATIVE CARRYOVER up to 10k, then this should also apply to any players that are quarantined.
IE: If a player wins 20k, then only 10k should be carried over.
If a player wins, 10,500.00, then only 500.00 should be carried over, and quarantined."