Gambling Craft Audit Report

It's bad enough that the fees are so high and net revenue so low, but deducting fees from the deposits then misrepresenting the amount deposited in the reports is very dishonest.

Add another program to the list to avoid.

 

Shocking how bad some of these programmes can be.

 

Hello AGD team and the community!

There are wrong calculations above. Let me show how it actually works.

Currently we have a 4-level tariff by default.: 20% > 30% > 40% > 50%

But there is 45% flat RS for AGD account, due to special agreement some years ago.

So in the example above for the deposit of $18.48 via Skrill (with the fees included) RS/WebProfit rate is 1:1 >>

45% = 45% , becasuse 18,84$ x 45% = 8,48$

And for the deposit of $23.53 (NO fees included) >>

45% = 36% , becasuse $23,53 x 36% = 8,48$

====
Hence it follows that the ratio between factual RS profit and the net deposits (no fees included) is:

RS% = fact%
20% = 16%
30% = 24%
40% = 32%
50% = 40%

How to check 50% RS tariff = 40% net webmasters profit ?

Let's imagine that we have 1 player with a deposit amount of 100 USD, so 100$ - 20$ (20% fees) = 80$ transfered to an affiliate stats and 80$ x 50% = 40$. Eventually 100$ relates to 40$ as 40% accordingly.

I can declare we have one of the best offers for online gambling!

And here are some advantages I especially want to highlight:

1) In our AP there are no: admin fee, bonus fee, retention fee.
2) No negative carryover.
3) 50% RS fixed during first 3 periods for each new partner.
4) We deduct royalty fee from the amount of players withdrawal, so the affiliate gets less negative income in case than the player do any withdrawals. The formula is >>
WebmasterProfit = ((In - CashierInFee - RoyaltyFee) - (Out + CashierOutFee - RoyaltyFee)) * RevenuePercent

Hope all is clear now.
Best regards, GC team

 

Ah I see. The audit has confused commission with net revenue. So not so bad.

I still think it is dishonest of you to hide the fact that you are deducting fees from the deposits.

 

Thanks for the update

Please keep in mind that it is public information >

https://gamblingcraft.com/en/faq

FINANCIAL QUESTIONS >> BY WHAT FORMULA IS REVENUESHARE CALCULATED?

 

I wouldn't be proud of ... it seems a sport in the industry to show a nice RS to catch the affiliates and if it's NOT the real amount to earn but 80%, doesn't matter, that fine too because the other doing the same.

It would be such an easy task to explain upfront what my share is instead of looking for excuses afterward. Just show the real deal.

 

Hello @eenzoo!

Thanks for your opinion, but our affiliate platform work this way, hope it is not critical for most of webmasters.
If someone have any questions about their stats there are always personal aff manager to explain/provide any actual info needed.

With regards,

 

Means, you advertise with wrong numbers with hope that webmasters don't care about because its a widely common modus operandi?

 

Yes we use this widely common method, but there was no any issues before.
We honestly pay our affiliates pretty high commissions and most of them who work with focused GEOs are satisfied.