Active Players + Unique Depositors not working

Discussion in 'VideoSlots Affiliates' started by gobo, Mar 24, 2017.

  1.  
    inspiration

    inspiration Affiliate Guard Dog Member

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    The joker has to pick someone as the competition certainly is not going to pay for the boss yacht.

    I do not understand this extensive discussion it is just like listening to the Loretta lynch investigation.

    The More she talks the worse the appearance.



    the last part is really hilarious avoiding to answer to questions is 65 in a 55 zone have you broken the law?
     
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  2.  
    AussieDave

    AussieDave 17 years & still going!

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    Lets use 25% Rev-Share commission, against these figures for $100.

    1. 1.3% = $0.325
    2. 4.7% = $1.175
    3. 10.9% = $2.725
    4. 10.1% = $2.525
    5. 24.7% = $6.175
    6. 14.9% = $3.725
    7. 20.4% = $5.10
    NGR $78.25 @ 25% Rev-Share = $19.562 commission (that's STILL on the low side but it's fairer than a lowly $13.26).

    I believe KK stated (in 1 of these VS threads) he'd had player losses of £10,000+ in one month. Using the above formula, a VS affiliate with that 10K should earn £1,956.20. Instead they're paid £1,326.00.

    So that's at a min of £630.20 less than an affiliate should be paid by VS Aff Program. Nice :rolleyes:

    Reiterating, it's pretty clear the VS affiliate program is slogging their affiliate partners for 100% of these fees/costs/etc., etc. No wonder VS affiliates are being paid peanuts, they're shouldering the entire costs of operating the VS casino AND VS affiliate program :eek:

    Edit:
    Reiterating... probably car leases, board room's grog cabnet etc... etc. And, ironically, trips to conventions, for what purpose? Sign up more suckers (sorry meant affiliates)...
     
    Last edited: Jul 5, 2017
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    Ali Atam

    Ali Atam Affiliate Program Representative

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    I will do my utmost to make sure this will be the case.
     
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  4.  
    Ali Atam

    Ali Atam Affiliate Program Representative

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    Hi all,

    We have found out that paid loyalty and NGR fields were swapped. It was a bug on the release on affiliate accounts which we missed.

    @KasinoKing - Can you please repost your june breakdown and let's discuss what costs @AussieDave and others find it too high?

    I also would like to remind you that Rate is NOT a cost, it is the actual deal (your commission plan).

    Regards,
    Ali
     
  5.  
    AussieDave

    AussieDave 17 years & still going!

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    This is my final post in the thread.

    How would you not know these figures were wrong Ali???!!!
    No need to answer, it's a rhetorical question :D
     
  6.  
    Ali Atam

    Ali Atam Affiliate Program Representative

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    Hi AussieDave,

    Because KasinoKing reported that his earnings wasn't matching the breakdown report in his post. So we investigated and found the issue..

    Regards,
    Ali
     
  7.  
    Miles_Videoslots

    Miles_Videoslots Affiliate Program Representative

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    Hey Guys , I know Ali has taken this thread and is running with it but I just would like to say Thanks to him and our Management for getting our Transparency back up and out tot he public on time and as promised to the affiliate community .. There will be some teething issues sure but these will get ironed out and once our deposit information is added then you will have more information provided than most programs offer .. I think credit is due for a job Weel done Thanks Ali ... Regarding Fees as Ali has said if your a Rev Share affiliate and would like a better deal for yourself where these are not a factor chat to us and we can Do CPA or even Hybrids for you .. Thanks I'm feeling a little more comfortable now in our skin even with the issues you've mentioned . I think we have progressed and come a long way since this post was started
     
  8.  
    SnazzySlots

    SnazzySlots Member

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    So, I have been following this thread for a while. Since the addition, I figured I should check some of my stats.

    This it looks for March:

    GGR 25 008

    Jackpot 137.20 >>> 0.54%
    Tax 1340 >>> 5.35%
    Bank 750.87 >>> 3%
    Game Prov 2893 >>> 11.56%
    Admin 6215 >>> 24.85%
    Bonus 2203 >>> 8,8
    Loyalty 2389 >>>9.55%

    NGR 9067 >>> 36.25%

    I basically took the GGR and took the deduction and equated it to a percentage. Is this correct? In a nutshell is there 63.25% worth of 'Deductions'? Am i seeing this correctly? What would be the average at other programs?

    Nate
     
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  9.  
    bonustreak

    bonustreak Administrator Staff Member

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  10.  
    KasinoKing

    KasinoKing Player turned affiliate.

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    OK, so it looks like the "Rate" column is broken (and I don't understand what it's supposed to be) - we'll come back to that later.

    The Admin fees is what has me worried.
    If the Admin fees are all your running costs, deducted from GGR - what is the percentage left from the NGR after my commission is paid for?
    e.g. Say NGR was 1,000 - my deal was 40% - so I get 400.
    So what is the other 600 for? Just clear profit for the casino?

    I always thought most casino's running costs were taken from the other 60% of the NGR - not deducted BEFORE arriving at NGR... :confused:

    KK
     
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  11.  
    SnazzySlots

    SnazzySlots Member

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    Spoke to another program and theirs is calculated like this:

    Bets - wins - bonus(or cashback) - jackpot contributions = Gross

    Gross - 20% for the platform (which INCLUDES all the other charges VS added) = nett

    Nate
     
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  12.  
    Biti

    Biti Active Member

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    About 20 - 25 % is normal I guess. That's gaming fee and transaction fee.

    Remember that we share the net gaming revenue, not the net operational result. Or can I put my office costs, car, stripbar visits during conferences and other costs also there to share with VS?
     
  13.  
    Ali Atam

    Ali Atam Affiliate Program Representative

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    Hi Everyone,

    There are many casinos with less fees and there are many with more. We have a high cost to run our business to deliver a premium service to our players. But in return, we get a long player value which we believe that it benefits all our players, our affiliates and of course us in the long run.

    If anyone don't agree with this concept or on the other alternative deal types we offer, we of course wish them best of luck with other programs.

    We listened to your feedback and we agreed that removing some stats was a mistake. Clearly, at that time, we did not realize how important it is for an affiliate to have as many detailed stats as possible. But..we kept our promise by delivering this breakdown report with 100 % transparency which we are proud of. I think this kind of transparency should be an example to other casinos.

    We will let you know once we launch the updated version of the report including the deposits and withdrawals.

    Regards,
    Ali
     
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  14.  
    Biti

    Biti Active Member

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    Thank you.
     
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  15.  
    gobo

    gobo Affiliate Guard Dog Member

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    Ali, why are you limiting the stats breakdown to 2017 onwards only? Why can't we see 2015-2017? Has this decision anything to do with the introduction of the admin fee / operational cost? Sorry for being suspicious and thank you for your patience!
     
    Last edited: Jul 7, 2017
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    Kristine

    Kristine Affiliate Program Representative

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    I think the average would be around 15% to 35%. Many like SlotJoint Casino take none.
     
    Last edited: Jul 8, 2017
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  17.  
    gobo

    gobo Affiliate Guard Dog Member

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    Do you mind sharing which casino that is?
     
  18.  
    estranged

    estranged New Member

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    Monitoring what issues when you are not even able to pay on time which should be your number 1 priority! What good are you if you can't even do that?
     
  19.  
    gobo

    gobo Affiliate Guard Dog Member

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    Alison, any reply to my question in this thread (post #175)? I really would like to see fee breakdowns earlier than beginning of this year - just like with the rest of the stats. It should be very simple to implement for you guys (basically changing a couple of DB-questions).
     
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