Rewards Affiliates 'commission'

[6digits]

Hi there
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You are on the Wager Model which is paid on player wagering and not on player win/loss. So the amount wagered is the accumulative bets the player has made. This number does not represent win or loss..

So for example, the player may have made 8 bets of $10 and a bet of $4.62, where wagering totals 84.62. You are paid a percentage of each bet, not a percentage of win/loss.
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This a portion of the email I received from Reward Affiliates.

Anyone have the same deal? The way it seems you can never make enough money promoting their brands.

Any feedback? ???

Thanks

Dwaine

 

[Aussie-Dave]

It's a decent model if the majority of the your players play slots. If not, it ain't that great because table games and video poker are very low % against wagering.

If your is a slots niche IMHO you can do ok, if not you'd need to get some BIG players, which again IMHO you can do better promoting other casinos...Sorry Renee but that's the bottom line...


Cheers

Dave

 

[slotplayer]

Some do ok with it. The good thing is whatever you earn you keep, no last minute winners to wipe out earnings.

way back, my test deposits returned about 8-10%.

 

[Aussie-Dave]

The good thing is whatever you earn you keep, no last minute winners to wipe out earnings.

way back, my test deposits returned about 8-10%.

Must admit they do have a great retention team and nice ongoing promos for players.

Again though I think it depends if your sending slot players or not.

For example a blackjack player wages $3,800 and get around $16.50.
Where as a slots player wagers the same and I get $45 or so.

Big difference.



Cheers

Dave

 

[slotplayer]

way back there were a couple slot games that calculated at the table game % so Ryan (before Renee) corrected them after I emailed him about it. I guess the slot names were similar to some card games.

I don't do good with them at all given the amount of effort I put in to promoting them over the years.

Although I have seen an increase in non-usa players last month none are big depositors it seems. Out of 24 betting players I earned $46.26

 

[Renee]

OK few things...

1 - We do offer a RevShare model which I offered to switch Dwaine to. He decided to keep it as is. That is his choice. He has been given all the information pertaining to both RevShare and Wager Models.

2 - Dwaine joined our program 1 month before we launched the RevShare model, so essentially did not have another choice at the time.
The RevShare model has been available for a whole year now, so anyone who isn't happy with the wager model has no excuse for not contacting me about it.
Email me if you're unhappy and we can do something about it. If I don't know you're unhappy, how am I supposed to help? Despite the rumours, I'm not psychic or telepathic (although sometimes I think it would make my job easier )

3 - I do remember the issue with the game %s. At the time Ryan also put measures in place to ensure that didn't happen again, and it's constantly being checked. There are always going to be glitches in a new system. In saying that, the glitches in the Wager Model when we released it were little to none. BTW - Ryan was "during" me, not "before" me

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Now, I will go into another explanation about these models, and hopefully it will remove any confusion. A full explanation on how everything is calculated is also available here: www.rewardsaffiliates.com/main/wagering-intro.asp

The wager model/theoretical model, whatever you want to call it is paid based on the margins on each game type. Essentially you are making 35% of OUR profit. The casinos payout X% to players each month, so the rest is essentially our profit.

The advantages to this model:

Yep, slots pays the highest on this model because slots has the highest margins. So because we make more on slots, we can afford to pay you more. It's still 35%, it just works out to be more because it's 35% of a higher number to start with.

So, the reason this model will work a treat for affs who send mostly slots players is not because of the higher margin, but because slots players will generally play for longer, wagering more, and will often play back the small wins (making more wagering). Remember that winning does not move your commission backwards and will not push you into a negative. There are no negative balances from player wins on the wager model. You are still paid the same amount whether the player wins or loses. If they win, it just means that you get paid commission on the dollars they wager before the win, and on the money they play back.

This is one of the reasons the wager model is not entirely suited to affiliates who send mostly blackjack and video poker players (unless they are winning large amounts and playing it all back). If players of these games have wins, they tend to cash them out. If they do play them back, because the margins are lower, the commission you make is not as high as the slots games, unless the amount they win and play back is very large.

The other negative to these players is that one may drop $1000 on a hand of blackjack and lose. On the wager model, you will only make 35% of the margin on that bet. So it's not very much. If the player wins on the other hand, you still make the same amount (rather than being negative) and if they play it back, you continue to earn from that money wagered.

To be honest, I've seen one player do this in the last 4 years that we have had the wager model. On the other hand I have seen many occasions where a player has won a small fortune from a very small deposit, and played it back making the affiliate 20, 30, 50x what the player even deposited in commission.. Just a few months ago I saw an affiliate make over 16k from a $1200 deposit. It's doable, and it happens often.

There's another positive - the earnings on the wager model from a single deposit are endless as long as the player is playing. On RevShare the max you can make from a single deposit is 35% of it. So in my example above, if that affiliate was on RevShare, they would have made at most $420.

In saying all of the above, if you have a good amount of active players, they will all even themselves out. There will be players who make you 10x what you would have made on the revshare model, and others who will earn you less than on the revshare model.

This model is also called the theoretical model because it's supposed to work out the same as what you would have earned on RevShare over a period of time, without the negatives on large wins every other month. Your theoretical commission.

OK so we all know how RevShare works. Player loses, you make 25-35% of the loss. I'm sure no explanation on that one is needed.

Both models have their positives and negatives. There is no telling which will be a better choice for your traffic until we have seen what kind of players you send, but I will be more than happy to go through any accounts and let you know which model you'd be better off on.

Again, if anyone is unhappy about their earnings, I would be more than happy to look at the players and see what model is best for your traffic. Just send me an email.

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As a side note, I wouldn't publish an affiliate's email(s) without their permission regardless of the content, so I expect the same in return. Thanks.