- Joined
- Dec 13, 2006
- Messages
- 11,238
- Reaction score
- 3,146
Betway Partners have updated their terms and conditions to alter the minimum amount earned prior to payment of affiliate earnings.
UPDATEDTERM, Commissions, Minimum Payment
11.6 In the event that an Affiliate’s Commission in any calendar month is a negative amount, the Operator shall be entitled but not obliged to carry forward and set off such negative amount against future Commissions which would otherwise be payable to such Affiliate. However the Operator shall also be entitled but not obliged to zero the negative balance that would otherwise be carried forward. If Commission does not exceed Euro 50, $100usd, the Operator shall be entitled to withhold and carry forward such sum until the end of the first calendar month in which the Commission (including such carried forward sum) exceeds Euro50, $100usd, at which time payment shall be made in accordance with clause 6. 4. For the avoidance of doubt, an Affiliate will only receive a Commission payout when there is a positive balance on the Affiliate’s account and it is greater than Euro 50 $100usd in any given month.
Summary:This is really more of a change in currency that a change in minimum payment, but still noteworthy. It is not a predatory change.
Betway Partners Changes Minimum Payments
UPDATEDTERM, Commissions, Minimum Payment
11.6 In the event that an Affiliate’s Commission in any calendar month is a negative amount, the Operator shall be entitled but not obliged to carry forward and set off such negative amount against future Commissions which would otherwise be payable to such Affiliate. However the Operator shall also be entitled but not obliged to zero the negative balance that would otherwise be carried forward. If Commission does not exceed Euro 50, $100usd, the Operator shall be entitled to withhold and carry forward such sum until the end of the first calendar month in which the Commission (including such carried forward sum) exceeds Euro50, $100usd, at which time payment shall be made in accordance with clause 6. 4. For the avoidance of doubt, an Affiliate will only receive a Commission payout when there is a positive balance on the Affiliate’s account and it is greater than Euro 50 $100usd in any given month.
Summary:This is really more of a change in currency that a change in minimum payment, but still noteworthy. It is not a predatory change.
Betway Partners Changes Minimum Payments