Administrative costs(fee)

adrenaline

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Hello,

Anyone know how high Betsafe's administrative fees are?
They take som % out of you comission but I got no idea how much it is.

I have tried to send 3 emails to Betsafe about thiss mather but no reply on either of them. But, I have recived replyed on other questions I have had though..dissapointing though...

Anyhow, help apreciated=)
 

Vladi

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I don't know about sport or poker but if they are similar to most other Net Entertainment casinos then you can expect it to be 20-30% from gross earnings before they pay commission. If so, the bottom tier of 30% of net revenue is worth 21-24% of gross. This is why most of them don't list the fees anywhere on their websites.
 

adrenaline

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Ok, do all the companies have administrative fees or is it just some? Perhaps not the best companies to promote if it eats so much out of the revenue.

Thoughts?
 

Vladi

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Almost all Net Ent casinos have high fees. It doesn't mean they aren't worth promoting, it just means you should negotiate a higher commission before working with them. Some programs (non Net Ent) pay commission from gross revenue, some pay from net, and the definition of net changes with every program. So make sure you know what you are getting into when you sign up.
 

Aussie-Dave

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So make sure you know what you are getting into when you sign up.

Also, don't just take what's written in the affiliate contract as the terms your agreeing to. Go over every page of the affiliate site with a fine tooth comb. If in doubt ask. And as Vladi stated above some programs may offer you a better deal than the generic commission. So put feelers out there before signing up.



Cheers

:)

Dave
 

adrenaline

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Great feedback guys, its apreciated!

Ok, but with a flat revenue of lets say 40% on a company that use net entertainment that should be a rather good deal from your point of view or..?

I am quite nervous how the much will change at betsafe since betsson now are included. Affiliate lounge got terms that are far from aff friendly aftter what I hear. Anyone of you guys promote Betsafe and are satisfied?
 

Vladi

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I haven't promoted Betsafe. I have done so with Betsson + related, Mr Green, Tower, Redbet, Casino Luck + a few more. I would not sign up with any of them for less than 40% flat. You can get higher if you have decent traffic.

If you do have a lot of traffic then I would not be too worried about Betsson's terms, IMO they are trying to avoid dealing with smaller affiliates that are less profitable for them. From the player side, they are one of the best - payments are quick, their games are excellent and they run a lot of good promotions. If you don't have lots of traffic (yet!) then you should probably avoid them.
 
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