Revenue Network introduce "Big Winner" Policy

Discussion in 'Revenue Network (formerly Betting Partners)' started by KasinoKing, Oct 31, 2020.

  1.  
    KasinoKing

    KasinoKing Player turned affiliate.

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    Probably MY fault, so I thought it only right that I announce it to the forum! :oops:

    From this month Revenue Network have added this new policy to their T&Cs:
    6.7 In any given month, if an Affiliate Player generates a negative net revenue of at least $10,000, he/she will be considered to be, for the purposes of this section, a ‘Big Winner’ and will be bound to the Big Winner Policy.
    • If the aggregate Net Revenue for the Affiliate, in that month, for a Client’s Brand is negative $2,000 or greater, then the Big Winner Policy as set out hereunder, will apply:
      • The negative Net Revenue generated by the Big Winner will be carried forward and offset against future Net Revenue generated by that Big Winner;
      • The negative balance carried forward cannot be set-off against other Affiliate Players’ Net Revenue;
      • The negative balance carried forward cannot be greater than the total aggregate negative Net Revenue for that particular Brand on the Affiliate account, for that month;
      • The negative balance of a Big Winner will be reduced accordingly by future positive Net Revenue that they generate in subsequent months;
      • A negative balance will not be increased by future negative Net Revenue unless the Big Winner meets the qualifying criteria in subsequent months.
    • The Big Winner Policy will only be applied to Commissions generated on a Revenue Share basis (including the Revenue Share portion of a Hybrid deal, if applicable) and with ‘No Negative Carryover’.
    I suspect I may have had something to do with it because one of my players got very lucky in September and won $123,000 in one day! :eek:
    (By the end of the month, the NGR was -$99,000)

    KK
     
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    The Affiliate Management team has been notified of the new post.
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    A reminder is sent to all affiliate managers.
  4.  
    Strider1973

    Strider1973 Affiliate Guard Dog Member

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    I think it's OK to have such a highroller policy, it's much better for us affiliates than a general NCO policy.
     
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    AussieDave

    AussieDave 20 years & still going!

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    I'd rather have a High Roller (big winner) policy, than NCO, that's for sure :)
     
    danniee likes this.
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  9.  
    Frank

    Frank Affiliate Guard Dog Member

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    Pretty standard, never made sense for the casino to lose or lose with NCO even if the player played the money back
     
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  11.  
    abc

    abc Affiliate Guard Dog Member

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    Just had 2 big winners last month. Apparently this does not apply to Bovada
     
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