Beware Rival(Some Brands) Are Deducting Earnings Again To Cover Processing Losses!!

[GamTrak]

This is just tragic! I have not looked at our stats and I'm almost afraid to!

I'm down to about 4 or 5 and depending on what the stats looks like I may be down to 2.

I've stopped replacing and won't take any brands less than 2 years old without a pre-paid media buy.

This stuff is getting crazy.

=========
EDIT:

400 Group

Total Direct Commission: 646.85
Total Referral Commission: 0.00
Bad Deposits - No Settlement: -638.10
Grand Total Commission: 8.75

These brands will all be coming down on the next update as I gave them a free pass on the last seizure, but now I'm done!

 

[casinobonusguy]

Robin don't worry about getting Rival Media Deals ,they can't pay the bills that is what this is all about .We went through this before with them and you think they would have learned last time.

 

[GamTrak]

I hear ya on that Judy. lol I was talking about brands that I have not heard of that approach me on facebook. It's hard to turn them down, because I like to give folks a shot, but it's a lot of work to get the brand out there and gain depositors so I like some money upfront to motiviate/guilt me in to working my best for them.

I've been in a burned out state for awhile you know. lol

 

[bonustreak]

Most of these jerks didn't even bother to send a mail saying 'Hey were are robbing from you again', so we can continue to have our nice big houses and fancy cars, who are you anyway but useless online affiliate you don't need money..... I am tired of this treatment from these clowns not for myself but for the many other affiliates that still promote and work hard for Rival brands!!


We have lost hundreds which can be made up and we do not survive off Rivals but there are some out there that made damn good money off Rival brands in the past and lived on this money, now they are hurting bad very very bad due to this 2nd round of thieving!! I like Sloto but I am sorry I have to consider blacklisting Rival Gaming as a whole.

 

[pocketnut]

Which program was this? Would certainly like to know which are going to be deducting from me.

Was tropica...

sorry took so long been having Internet connection problems8)

 

[dfiocch]

Wow...

Superior earnings for November $2257
Superior deduction for November -$2201
Superior net earning for November $56

It's the earnings Armageddon! LoL

Happy Christmas...

 

[bonustreak]

<DIR>That's BS!!! Are they really expecting people to believe all that money was earned on ewalletexpress??
</DIR>

 

[casinobonusguy]

I have thought about little else but Rival casinos and what they are doing in last day.I am a reasonable person and think had they capped deductions at a reasonable percentage of net revenue for affiliates it would be better.
Also the timing is really bad , this is affiliate's last paychecks before xmas .Some affiliates who are losing this money were counting on this to buy gifts for their families.An affiliate who earns mainly from USA FRANKLY CANNOT AFFORD to lose 90% of their revenue this month.IMO they should carry this over a longer time to soften the blow to affiliates if they feel they have to do it.Also are we to expect to believe that the players all used ewalletxpress?This is not a partnership ,we never signed up to finance them if they make bad business decisions and overexposed themselves to one processor!

Judy

 

[Guard Dog]

I agree with pretty much everyone... I do not believe that all players are using eWalletXPress. And I also do not believe we should be responsable for Rival's problems.

I do understand that if Rival is not paid for some deposits, that we should not earn on that, though.

It seems to me that something bigger could be going on here

 

[GamTrak]

<DIR>That's BS!!! Are they really expecting people to believe all that money was earned on ewalletexpress??
</DIR>

Looks like that is exactly what they are expecting us to believe. I'm amazed that they think we are idiots. Now we have to track down our players/depositors to verify their payment methods? ??? Looks like it to me.

Something bigger is going on IMO and it's nothing that seems legit to me and I'm this close to a complete rival blacklisting!

 

[KasinoKing]

Just for the record, of the 5 Rival casinos/groups where I actually managed to earn over $50 in November, only the Simon Says report says I have deductions for "Bad Deposits". This amounts to just over half my earnings for the month with them.

KK

 

[dfiocch]

Someone honest on Rival platform...

AffiliateWIDE today newsletter

Hi Everyone,

We realize that there have been some bumps in our industry lately and thus are doing everything we can to work around these issues while continuing to make our affiliate program and its partners one of the top destinations for ALL of your traffic.

Just so you all know, AffiliateWIDE will NOT be confiscating affiliate earnings as a result of the eWalletXpress fiasco. We are absorbing these costs ourselves.

;D

 

[pocketnut]

,we never signed up to finance them if they make bad business decisions and overexposed themselves to one processor!

Judy

This is what was in my email from slots of fortune affiliates.


Dear Partner,

As you are probably aware, eWalletXpress, has been shut down as of November 15. Due to this problem we have not received deposits made by players on or after Oct 1,2010, and lost the reserves accumulated with this processor since April. This is an industry wide problem and it is affecting everyone. As our partner who receives a revenue share, we will have to adjust your commissions and deduct the deposits for which we have not received the funds.

In the event that we manage to collect the money from eWalletExpress, we will ensure to make the corresponding adjustments made to your affiliate account.

On a side note we would like to take this opportunity and remind our partners that during the Mastercard seizure we decided to absorb the full knock for this loss and did not pass any costs to affiliates. Additionally during the past year due to the volatile nature of the US processing industry, we lost several other credit card processors and again absorbed the full cost. We would also like to remind you that regardless of other Rival properties, this is the first reduction since the launch of our program.

The situation with EWX is different since it was the most popular US facing ewallet and the problem is industry wide. We also like to note that for the past year we have devoted a lot of resources on switching players to EWX, since it appeared the one and only secure solution for depositing and withdrawing money. As result we have lost 45 days of high volume deposits, not just income. Meaning that we accepted these players deposits, they played at the casino, the house won or lost and paid accordingly, however we never received their initial deposits. Regardless if the players lost or won, as a casino we had a guaranteed full loss from all EWX deposits.

As you can see above due to the magnitude of this loss, we had to readjust commissions accordingly since no actual revenue was generated from these deposits.

The casino will absorb the majority of the loss and you as an affiliate you will be ONLY billed for the amount of commissions generated by lost deposits/chargebacks.

 

[Simmo!]

The casino will absorb the majority of the loss and you as an affiliate you will be ONLY billed for the amount of commissions generated by lost deposits/chargebacks.

That sounds like a fairer way to do it for sure.

 

[tryme1]

Looks like AffiliateWide and SlotOCash are, once again, the only Rivals to step up to the plate with this one. Although, I suspect that the BetUS casinos are also absorbing the hit.

So, with 4-5 casinos between them, why promote any other Rival Casinos?

 

[lots0]

I have not promoted any RIVAL in over six months, I have no (known) links up to any of their properties.

But somehow last month I got one depositer at This is Vegas...

Here are November's results from TIV;

Total Direct Commission: 48.75
Total Referral Commission: 0.00
Bad Deposits - No Settlement: -40.00
Grand Total Commission: 8.75

Funny thing... there was only one deposit. So how come only part of it was a 'Bad' deposit??

These guys are so f***** up

 

[KasinoKing]

Funny thing... there was only one deposit.
So how come only part of it was a 'Bad' deposit?

How do you know there was only one deposit?
I've looked everywhere in the Rival reports and I can't find that info anywhere.
Where is it shown?

KK

 

[Engineer]

As soon as you log in, there is a table labeled Recent Player Deposits (for me, anyway). On my Slotocash account, I see three deposits by the same person and one deposit by a second person. So, presumably, if lots0 had only one deposit in the month, he would see only one row (one deposit) in that table.

 

[lots0]

As soon as you log in, there is a table labeled Recent Player Deposits (for me, anyway). On my Slotocash account, I see three deposits by the same person and one deposit by a second person. So, presumably, if lots0 had only one deposit in the month, he would see only one row (one deposit) in that table.

Yes it is the same for me.

If you want past info on player deposits go to 'Reporting' then in the drop down box find "Player Deposit Summary".

 

[KasinoKing]

As soon as you log in, there is a table labeled Recent Player Deposits (for me, anyway). On my Slotocash account, I see three deposits by the same person and one deposit by a second person. So, presumably, if lots0 had only one deposit in the month, he would see only one row (one deposit) in that table.

Ah yes, but that only shows the current month - lots0 wouldn't be able to tell from that, unless he checked it on Oct-30th.

If you want past info on player deposits go to 'Reporting' then in the drop down box find "Player Deposit Summary".

That only shows total deposit value, not how many deposits.
What does the total deposit ($) for your player show?

There definitely seems to be something odd going on - I'm just trying to find out what exactly.
In my Simon Says case I only had 1 effected player, but the deductions are NOT the sum of all his deposits. If I knew he only made 1 deposit then I would know for sure something was not right...

KK