BetSofa Affiliates Audit Report (NEW)

[Guard Dog]

Hello AGD community,

Today we present to you the new real revenue share audit report for BetSofa Affiliates.

Once we published the results for the first audit report, we received an email from BetSofa Affiliates representatives advising us they have updated their affiliate program settings and are not sharing the bonus costs with affiliates anymore. Net revenue is calculated based on the formula: GGR – 30% admin fee (payment and game providers expenses; operational costs). So we decided to perform a new audit report again testing their brand BetSofa Casino.

Affiliate Reporting Platform: EveryMartix

BetSofa Affiliates - Login/Register

partnerbetsofa.com

Test signup and deposit is again made from Country ‘Serbia’

We deposited €20 via Skrill and took a welcome bonus of 111% up to €1111.

Our funds with the welcome offer were €42.20 and we started playing some slots:

Eventually, we lost all the funds and checked the earnings report:

For the deposit of €20 via Skrill the Net Gaming Revenue was €14
Our earnings should be 45% of NGR which is €6.30

To summarize, the Effective Net Gaming Revenue (the amount of money deposited and lost) is 14/20= 70%.

Finally, multiply the advertised revenue share rate with the Effective NGR to see your real revenue share rate, e.g:

• 25% = 17.50 %
• 30% = 21.00 %
• 35% = 24.50 %
• 40% = 28.00 %
• 45% = 31.50 %

 

[AussieDave]

Still crap. Worse case is 45% advertised (Bullshit), pays 31.50% into affiliate's pocket. Scammed for 13.5%. Hence, every $100 lost to the casino, the operator shafts each affiliate on 45%:

$13.50 per $100 lost | $135 per $1,000 lost | $1,350 per $10K lost

Hence for $100K lost, an affiliate on 45%, gets shafted $13,500.

Point to all this is... There is NO need to BS affiliates. The ONLY reason programs BS affiliates with BOGUS commission percentages is because they are ripping off affiliates, with BS GGR admin fees and such.

I've been in this game for 21 years, and I'm not going to have some AM kid tell me I'm wrong. It's not me who is aiding and abetting their employer to steal from their affiliate partners!

 

[Insider]

They noticed that they make a fool of themselves with these conditions and that over 80% do not want to become a partnership.

 

[BetSofa Representative]

Hello, dear AGD community.

We thank AGD team for a performed audit and members for their comments, which have helped us to improve our offer and approach.

As stated above, BetSofa has updated the terms for partners, hope this helps us to establish beneficial cooperation.

If any questions arise, we are here at your service.

 

[Alchemist]

Great move @BetSofa Representative. I think that's way better results. I personally appreciate when programs sit on the table and speak with affiliates.

 

[AussieDave]

Great move @BetSofa Representative. I think that's way better results.

A great result would be:

THE PROGRAM ACTUAL HONORS THEIR ADVERTISED, MARKETED COMMISSION PERCENTAGES.

EG - If they advertise 25% - pay 25%, etc..., etc...

Reiterating, that would be a "great" result. It would also be an honest result.

As it stands, they are STILL ripping affiliates off. Nothing great about that, huh???!!!

@MissExposé - your an employee of LCB, and for all intended purpose, here on AGD, where it's all about "Protecting Affiliates Interest" IMHO youself, like all other LCB employees, these opinions should always remain neutral. Thanking folks for bias comments isn't staying neutral... just sayin

 

[Alchemist]

Dave usually i agree with most you say here on this forum but a low admin fee is fair i think. Low is around 10-15%. For the percentage of true RS i completely agree, someone has to do the start. If for example it is advertised like 40% then should be true 40% and not 40 - admin fee. Based on this, True revenue share should be advertised and not theoretical.