Charm Affiliates Audit Report

[MissExposé]

Hello AGD community,

Today we present to you the real revenue share audit report for Charm Affiliates.
They have BetWarts Casino as their brand.

Affiliate Reporting Platform: Cellexpert
Charm Affiliates Platform

Admin fee and related terms and conditions are not listed on their website:
https://charmaffiliates.com/

Test signup and deposit is made from the Country ‘Canada’
Date of deposit: 3rd April 2026

We deposited 18.66 EUR (30 CAD) via Skrill without a welcome bonus.

We started playing some slots with our balance of 18.66 EUR (30 CAD).

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

For the deposit of 18.66 EUR (30 CAD) via Skrill the Net Gaming Revenue was EUR 13.08.
Since we have a 50% deal, our earnings for the test deposit were EUR 6.54.

To summarize, the Effective Net Gaming Revenue (the amount of money deposited and lost) is 13.08/18.66= 70%.
Finally, multiply the advertised revenue share rate with the Effective NGR to see your real revenue share rate, e.g:

• 25% = 17.5 %
• 30% = 21 %
• 35% = 24.5 %
• 40% = 28 %
• 45% = 31.5 %
• 50% = 35 %