Adjustments carried forward to next month: -430.50
Did they bring the negative carryover back?
Adjustments carried forward to next month: -430.50
Did they bring the negative carryover back?
My commission at 400 affiliates took a big hit over night but didn't go negative. But it does say xxx.xx "before adjustments" so don't know the final ending. Every month it's the same crap, end of the month, commission get wripped out. I think I can do without them so pulling their links from my site.
Not sure what is up, but at least I'm no longer more than 1k negative.
New Player Deposits: $348.00
Total Deposits: $792.00
ANW: $-566.95
Commission: $0.00
(Without Adjustments)
I hope we hear from them soon regarding this ANW issue.
Here's a few cut and pastes:
Summary
Total Direct Commission: 1,680.36
Total Referral Commission: 0.00
Bad Deposits - No Settlement: -764.00
Grand Total Commission: 916.36
-------------------------------------
Summary
Total Direct Commission: 1,796.42
Total Referral Commission: 0.00
Bad Deposits - No Settlement: -371.80
Grand Total Commission: 1,424.62
-------------------------------------------------
Summary
Total Direct Commission: 2,557.45
Total Referral Commission: 0.00
Bad Deposits - No Settlement: -1,206.45
Grand Total Commission: 1,351.00
Adjustments carried forward to next month: -892.75
----------------------------------------------------------------
Okay, so, I don't expect to be paid on "bad deposits", but are they really deducting that from the commission? I understand losing the commission on the "bad deposits", but that should be taken from Affiliate Net Win (assuming the "bad deposits" were all lost).
Is my reasoning sound? Am I missing something? WTF seems appropriate.
Please also check this thread, it will answer a lot of questions.
Rivalwide Progressive Issue - Rogue Poll.
Yeah, saw that one too. Just got an email from Paul at Superior Share (which I'm sure everyone else got too) that sheds a little more light on it. Still doesn't explain why the total amount of "bad deposits" are being deducted from the commission total though...
------------------------------------------------------
Dear Affiliate,
We have very important news.
First off, we’d like to say that we have done everything possible in our hands to avoid this situation. Unfortunately, Master Card and credit card processing in general is going through a difficult season.
As you may already know, Master Card has stopped taking ALL gaming transactions in the US and this lead to a chain of unfortunate events. The completed deposits (funds) through Master Card, during the last month that we were accepting MC deposits, are being investigated by this company. They have confiscated most of the money with no chance of recovery at the moment.
Henceforth, seized deposits due to the facts explained above, will show up as an adjustment in the affiliate commission reports as: "Bad Deposit - Lost Deposits".
* Please note that it’s most probable to see a reduction in commissions earned in March.
If in the future Master Card releases any of these funds, we will update your reports accordingly. We apologize for the inconvenience.
All American players are being moved to EwalletXpress, or Quicktender in some cases. This depends on the player level and the distribution of invitations we have available. More Quicktender invitations are on their way. Furthermore, NEW PROCESSORS for US Players are being tested and implemented soon, this being our highest priority at the moment.
Please stay tuned for more updates and, of course, we’ll be waiting for your questions so we can answer them as soon as we receive them.
Regards,
With best regards,
Paul Art
Affiliate Director
Superior Share Affiliate Program
Aside from how this affects affiliates, I wonder how they are handling it in regards to players funds. If a player used MC to deposit a month ago and has a winning balance that they haven't cashed out yet, what is going to happen here? Paul?
Pantasia owes me several thousand from last month and they have not replied to my email.I am worrying about their overall stability if they lost so much in the seisure.At the end of the day I have to do what's best for my business , so we are significantly reducing all rival exposures on our network and sending them to CWC and Casino Coins.
bonustreak (03-01-2010)
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Bwin - Predatory!
Bewinners is a predatory affiliate program.
