Rewards Affiliates - NZ Tax Grab

[AussieDave]

As I've spoken previously, rewards affiliates have been garnishing NZ (online consumption) Tax from their affiliates, since August 2020. Although RA claim I'm being paid a TRUE 35% WagerShare, fact is, I'm not.

It's nothing even remotely close to receiving 35% paid to my pocket.

In fact, the true % paid is a mere 1.3%; even less if a player plays table games or video poker.

Rewards Affiliates Wagering Model pays: 35% of 3.71% (max).
The 3.71% is the theoretical Slots RTP Margin.

The NZ Tax is being paid by Reward Affiliates @ 15%, total.

My share of that tax, according to RA is: 35% of 15% = 5.25% tax garnished.

However, and reiterating...Rewards Affiliates DO NOT PAY ME 35%. They pay me a maximum of 1.3% WagerShare.

Therefore (my accountant agrees), my share of 15% NZ Tax, is not greater than 1.3% of 15%. That's: 0.195%.

In March 2021 (the last pay period):

• Total Wagershare Commission: US$5,397.02
• Commission payment received: US$2,213.07
• Total NZ Tax Garnished @ 5.25%: US$3,183.95

The correct NZ Tax deduction (my share @ 0.195%): US$118.26

March 2021 (alone), Rewards Affiliates stole from me: US$3,065.69, by their use of, bogus Tax % garnishing.

If it's happening to me, then it also happening to all their other affiliates too.

P.S. I told (warned) my AM's at Rewards Affiliates last time they stolen from me, don't do this again. Seems they either forgot that, or more likely, don't give a rats, and this NZ Tax Grab, is just another scam, in their long history of scamming their affiliate partners.

I Don't know about you, just seems odd that a company (RA/CR), who, register their companies (shelf or otherwise), subsidiaries, trust accounts and all an sundry in Tax havens such as Caymen Islands etc., are here, readily, willingly, voluntarily paying TAX, to a country where, they are not licensed etc., etc., etc.

 

[Roulette Zeitung]

Mirror, mirror, on the wall
Am I freed from Stockholm Syndrome at all?
And by the way
How do I look today?

Leopold, thou art of beauty rare,
But Snow White living in the glen
With Mr. Jimmy, crooked man
Is a thousand times more fair

O.k.? A little bit disappointing.

However, so many names
So many places
Even a lawyer is living there
At least a doorbell to push

Fine maildrops to rent
A tax free oasis
The straight way directly
Behind the bars

Dave's money is welcome.
Even if stolen from him.
Champaign and caviar
Hookers and more

All you need presented
And Dave pays for all
Whether he wants to or not
His wallet the object of desire.

Mirror, mirror, on the wall
I am so happy to be freed from Stockholm Syndrome at all

Good night, Mr. Jimmy
Good night, entourage
Play your cuddly bunny game
It's all a camoflage.

 

[gm2891]

Mirror, mirror, on the wall
Am I freed from Stockholm Syndrome at all?
And by the way
How do I look today?

Leopold, thou art of beauty rare,
But Snow White living in the glen
With Mr. Jimmy, crooked man
Is a thousand times more fair

O.k.? A little bit disappointing.

However, so many names
So many places
Even a lawyer is living there
At least a doorbell to push

Fine maildrops to rent
A tax free oasis
The straight way directly
Behind the bars

Dave's money is welcome.
Even if stolen from him.
Champaign and caviar
Hookers and more

All you need presented
And Dave pays for all
Whether he wants to or not
His wallet the object of desire.

Mirror, mirror, on the wall
I am so happy to be freed from Stockholm Syndrome at all

Good night, Mr. Jimmy
Good night, entourage
Play your cuddly bunny game
It's all a camoflage.

As far as I know, Rewards Affiliates are a casino affiliate program that has a bunch of Microgaming casinos that are pretty useless nowadays, still, who is that legendary Mr Jimmy?

 

[falseadoom]

As I've spoken previously, rewards affiliates have been garnishing NZ (online consumption) Tax from their affiliates, since August 2020. Although RA claim I'm being paid a TRUE 35% WagerShare, fact is, I'm not.

It's nothing even remotely close to receiving 35% paid to my pocket.

In fact, the true % paid is a mere 1.3%; even less if a player plays table games or video poker.

Rewards Affiliates Wagering Model pays: 35% of 3.71% (max).
The 3.71% is the theoretical Slots RTP Margin.

The NZ Tax is being paid by Reward Affiliates @ 15%, total.

My share of that tax, according to RA is: 35% of 15% = 5.25% tax garnished.

However, and reiterating...Rewards Affiliates DO NOT PAY ME 35%. They pay me a maximum of 1.3% WagerShare.

Therefore (my accountant agrees), my share of 15% NZ Tax, is not greater than 1.3% of 15%. That's: 0.195%.

In March 2021 (the last pay period):

• Total Wagershare Commission: US$5,397.02
• Commission payment received: US$2,213.07
• Total NZ Tax Garnished @ 5.25%: US$3,183.95

The correct NZ Tax deduction (my share @ 0.195%): US$118.26

March 2021 (alone), Rewards Affiliates stole from me: US$3,065.69, by their use of, bogus Tax % garnishing.

If it's happening to me, then it also happening to all their other affiliates too.

P.S. I told (warned) my AM's at Rewards Affiliates last time they stolen from me, don't do this again. Seems they either forgot that, or more likely, don't give a rats, and this NZ Tax Grab, is just another scam, in their long history of scamming their affiliate partners.

I Don't know about you, just seems odd that a company (RA/CR), who, register their companies (shelf or otherwise), subsidiaries, trust accounts and all an sundry in Tax havens such as Caymen Islands etc., are here, readily, willingly, voluntarily paying TAX, to a country where, they are not licensed etc., etc., etc.

You have worked on wagershare long enough to know how it works..

Player wins and you make good coin, but not paying much if any in taxes.
Player comes back following month and loses, you are paying a % taxes the casino has to pay.

I had this happen.. Player wins a lot and was very active during a month... I made a very large amount.. (no taxes) Casino ended in the negative at end of month but I earned.

Next month they lost back a bunch of what they won month prior.. My taxes were high then. Very normal for a player to return and lose money.

If I had a bunch of players from taxed countries, I would have moved to revshare.

My suggestion for you (which Renee did for me) is have her figure out what the difference you would have made on revshare vs wagershare.

 

[AussieDave]

You have worked on wagershare long enough to know how it works..

What part of 35% of 3.71% DO YOU NOT UNDERSTAND???

I'm happy to pay tax, but not at 35% of 15% (5.25%). When, I'm only paid, 1.3%... Sheesh.

lol... you think sticking up for RA/CR will earn you protection... think again. They're fucking you over, just like they're fucking me and everyone else. Wake up, and stop being another 1 of their suckers!

 

[Joonas]

The example breakdown is a bit confusing.

Would you be able to give their breakdown when player deposits and wagers 100 in one month?

 

[Roulette Zeitung]

As far as I know, Rewards Affiliates are a casino affiliate program that has a bunch of Microgaming casinos that are pretty useless nowadays, still, who is that legendary Mr Jimmy?

Mr. Jimmy is the criminal mastermind of Rewards Affiliates and its predecessor, He is one of those people who gives you a smile, $100 just like that, and the next moment, when you turn around, you don't feel it, but you have already a knife in the back, and your wallet is plundered as if you have been hauted by an invisible pickpocket demon.

Decent people would never work for such a guy, because it's impossible to explain the own children, why Mom is such a lousy henchwoman.

A serious company has one company with one business address unless they have many branches like a gas station or a bank. A serious company never has to fear being listed in the Panama Papers or being pilloried due to an ramified offshore construct to hide the own acitivities.

This is the case here.

It's all public. No secrets or hidden information. Just search on Google for the Internet Traffic Solutions Managemant PTY Ltd., Yencity PTY Ltd., William Taylor Nominees PTY Ltd and the J D Taylor Family Trust. That's a part of their offshore construct to command scams and psyops and to take Jackpot winners for an idiot.

And at the same building and level you find a law firm. It can be a coincidence. For legal reasons I will not write the name of that Ltd.

The Internet Traffic Solutions Managemant PTY Ltd, Headquarter of Rewards Affiliates, is well known as a fraudulent organisation. So they hired obviously some friends and paid writers to say in Google reviews exact the opposite. As usual Mr. Jimmy and his entourage are not that smart with deceiving people in the long run, only for a short time.

The problem: It's very silly, that different people write ratings with the same topic, saying, they are not fraudsters. One would write, they are fine or good, but no one independent would write, that they are no crooks. You know, the Richard Nixon statement during the Watergate scandal. He made the same mistake and admitted with that indirectly his guilt.

As Dave pointed it out many times, there are some people, suffering under heavy Stockholm Syndrome. But in the long run also this program will fail as all the other serial-scammers. When Fraudnanda from AffPower was still a star in the game, I was one of the first who discovered her evil nature. Today she is terminated.

Karma is not tarty but hearty.

 

[AussieDave]

The example breakdown is a bit confusing.

Would you be able to give their breakdown when player deposits and wagers 100 in one month?

If one (1) NZ player deposits $100 (and loses it) the NZ GST charge is 15%

RA claim, I'm paid a true 35% wagershare. But that is not true.

Instead, I earn (at max) 1.3%.

That 1.3% is derived from 35% of 3.71% - theoretical RTP of their slots margin.

If I was paid a TRUE 35%, then yes, 5.25% would be my tax share. But I'm only paid 1.3%. Hence, my share of this 15% NZ TAX is: 0.195%

My issue is that RA/CR are flogging me 5.25% tax, when as explained above, my tax rate is only 0.195%. Hence, I'm being scammed for more than 25x what I should ethically be paying

P.S. It would seem the REASON all this is hard to understand, is because RA make it hard to understand

Instead of saying...Wagershare pays at the following rates of wagering turnover:

• 1.3% - slots
• 0.90% - table non blackjack
• 0.33% - video poker
• 0.44% - black jack

But that just too easy to follow. So instead the 35% is thrown in to confuse people. However, when the calculations are completed, taking into account the 35% of the casino's theoretical margin, the above figures are, the only TRUE representation, of what affiliates are paid on the wagershare model.

Everything else is just smoke, mirrors and fairy tales.

Edit:

I DO NOT EARN 35% of 100%, I only earn a MAX of 35% of 3.71% = 1.3% max. Hence, my tax is 0195% of the 15% NZ GST. Not... 5.25%. I've explained thgis to Renee. But she refuses to accept it.

In the end I said, well... If your adamant that I earn a TRUE 35%, then RA owns me a LOT of backpay commission money. No reply was received. RA seem to want the cake and to eat it too.

 

[falseadoom]

If one (1) NZ player deposits $100 (and loses it) the NZ GST charge is 15%

RA claim, I'm paid a true 35% wagershare. But that is not true.

Instead, I earn (at max) 1.3%.

That 1.3% is derived from 35% of 3.71% - theoretical RTP of their slots margin.

If I was paid a TRUE 35%, then yes, 5.25% would be my tax share. But I'm only paid 1.3%. Hence, my share of this 15% NZ TAX is: 0.195%

My issue is that RA/CR are flogging me 5.25% tax, when as explained above, my tax rate is only 0.195%. Hence, I'm being scammed for more than 25x what I should ethically be paying

P.S. It would seem the REASON all this is hard to understand, is because RA make it hard to understand

Instead of saying...Wagershare pays at the following rates of wagering turnover:

• 1.3% - slots
• 0.90% - table non blackjack
• 0.33% - video poker
• 0.44% - black jack

But that just too easy to follow. So instead the 35% is thrown in to confuse people. However, when the calculations are completed, taking into account the 35% of the casino's theoretical margin, the above figures are, the only TRUE representation, of what affiliates are paid on the wagershare model.

Everything else is just smoke, mirrors and fairy tales.

Edit:

I DO NOT EARN 35% of 100%, I only earn a MAX of 35% of 3.71% = 1.3% max. Hence, my tax is 0195% of the 15% NZ Tax. Not... 5.25%, as RA is charging me now.

That one player that deposits $100 on wager model you could earn hundred if not thousands not 35% of 100.

How commission is calculated:
Margins were taken based on PWC Payout Reports, then Payout is calculated at 35% of margin - (35% of applicable gaming taxes and fees):

What is the casino's margin on taxes?

 

[AussieDave]

That one player that deposits $100 on wager model you could earn hundred if not thousands not 35% of 100.

You trying the lecture me, and make me look foolish.

YET, you, yourself, come out with this clueless dribble...lol

 

[AussieDave]

How commission is calculated:
Margins were taken based on PWC Payout Reports, then Payout is calculated at 35% of margin - (35% of applicable gaming taxes and fees):

rewardsaffiliates.com/program/wme-wager-model-features.aspx

	Margin (theoretical RTP)	Payout
Table Non Blackjack	2.57%	0.90%
Slots	3.71%	1.30%
Video Poker	0.94%	0.33%
Blackjack	1.26%	0.44%

The worse thing here is, even you are so caught up in this smoke and mirrors by RA, that your unaware that you too, are being sucker-punched with absurd Tax fees.

Payout (wagershare earnings), is 35% of the Margin Figures. Affiliates on the Wagershare Model, earn the Payout Figures. We are not paid, 35%. Hence, we should not be charged 35% of the 15% NZ tax.

Our legitimate tax payment share: 0.195%.

 

[preditor]

So more or less it cud be 100$ depositing player losses minus 15% taxes = net 85$ that cud be wagnered any way from where you would recive the wagner based commission from . That`s how i would feel it should be calculated

 

[TheGooner]

I've had this discussion offline with AussieDave a while ago - and we had to "agree to disagree" - about the accuracy of any theoretical numbers - because it's impossible to model what will happen in any one game session - or overall.

The analysis that the correct number to charge affiliates of 0.195% doesn't make sense to me. The GST is charged on the actual profit the casino makes - not a theoretical wagershare component. The fact that I elected to be rewarded by wagershare does not alter the fact that there are GST and consumption taxes for my player at the end that need to be covered.

What is certain is that by mixing the payment of commissions on a wagershare basis alongside payment of taxes on a straight 35% of 15% profit cost basis will result in very, very strange return numbers on each player session - and these costs will go both ways for and against affiliates in each session.

Eg 1. As Dave outlined if a player deposits $100 - and loses it pretty quickly in one hand of blackjack - then we will get paid out just 44 cents - and be charged a whopping $5.25 GST charge. Net Negative

Eg 2. On the other hand if the player deposits a second $100, and actually wins money, playing all night then they can generate $100s even $1000s in wagershare - and there is no GST charge on casino profits whatsoever (as there were none). Net very positive for affilaite.

So - the tax charges skew the returns on individual sessions for wagershare in an unintended way - previously being on wagershare meant that EVERY TIME a player wagered there was a small profit for the affiliate - now with the GST (and Consumption charges in other countries - UK, Ireland, Germany) it means that if a player loses TOO FAST then the affiliate may be charged more in TAXES than they make in wagershare.

Basically, these GST and consumption charges skew and screw with wagershare. Now RA have offered the option of revshare ... but I like wagershare - because EVERY month it seems to generate a consistent profit and it's far more relaible casino returns than any other partner. So I will stick with wagershare - even with these extra taxes - ahead of rev-share for as long as I can thanks.

------------------------

A possible solution :

To my mind what should probably happen is that the Theoretical margin shown in those tables above should be reduced by 15% for NZ players (and also other rates for other countries to factor in their consumption taxes) - so a slightly reduced wagershare is paid out and with NO EXTRA CHARGES are levied on WAGERSHARE affiliates.

I THINK that would result is all the taxes being paid overall on a monthly basis - depending on the laws of large numbers to even out variation across the casino. But that doesn't seem something being considered by the affiliate group.

I guess they like their solution.

------------------------

Notwithstanding that - I think the Rewards Affiliates have attempted to be clear on the extra costs and their ways to calculate and allocate costs to affiliates. I don't think it's the best way - but it IS one way.

And I still choose to work with them and continue our 20 year partnership.

 

[TheGooner]

I only earn a MAX of 35% of 3.71% = 1.3% max.

Just to clarify - this is the component that I disagree with AussieDave on - as it compares Apples (wagershare) with oranges (Revshare) and then complains about the bananas (taxes).
;-)

ON Wagershare the 1.3% max is of each wager - not of the total deposit.

An average customer who deposits $100 - and bets in $1-$5 range may make 1000 bets before the money runs out - wagering a total of (say) $3000.

On Wagershare = the $3000 wagered that we make 1.3% on = $39 to the affiliate. (before taxes)
On Revshare = the $100 profit that we make 35% on = $35 to the affiliate. (before taxes)

You can see that on "average" the two systems work out about the same - then the taxes come of the top.

-------------------

The issue is the variance of payouts :
- if players lose fast then wagershare affiliates get slammed.
- if players lose slow then it's neutral
- if players win or breakeven then wagershare affiliates do well.

 

[AussieDave]

ON Wagershare the 1.3% max is of each wager - not of the total deposit.

Wagershare is exactly that, affiliates are paid on what a player wagers, not what a player deposits. An affiliate of Wagershare Model earns, at max 1.3%, paid to them. They do not earn 35% paid to them.

Why do you insist on mixing (clouding) this issue, with Apples and Pears? Don't answer, it's rhetorical!

NB - I've provided my accountant; who btw is ex ATO (Australian Tax Office). He has examined all factual figures, NZ Taxes garnished by RA thus far, and has determined, the Wagering Model's 35% figure, is mislead. It's NOT a true 35% revenue at all (not my word, his words).

According to his calculations, Given, at most, I am only paid 1.30% on player turnover, garnishing TAX payments at 35% of the 15% NZ Tax, is ludicrous and absurd. The Tax fee should be no > 1.3% of the total 15% NZ GST.

His arrived figure, as well as mine, is my share is 0.195% max of the 15% total NZ Tax bill, paid. Or lets make this really simple, here are the dollar values:

On $100 profit, RA/CR are paying $15 NZ TAX. According to my AM, they also pay tax on bonuses. Therefore, if a player deposit $100, receives $100 bonus, and loses both, RA/CR pay $30 in NZ TAX.

I should only be charged, a maximum of $0.39 cents on that $200. That's my share of, this TAX payment above. Anything else is misleading, quasi accounting. AKA fake BS.

---------

I'm not going to waste my time arguing with shills or people who have an agenda to protect RA/CR et al.

I have to laugh.

It's bizarre, when, some of the same people, who, were defending RA/CR, back in 2011, busted (with factual documented proof) for their unethical cross marketing scam. Are now back defending RA/CR, again.

Like my accountant, I too now have doubts about the validity of, the RA/CR NZ Tax grab.

It seems the AM's, and other staff at RA/CR et al, believe everything their their employer, tells them. That doesn't mean though, what's said, is true. The unethical cross marketing, RA/CR staff would have participated in that RUSE. Maybe... Like RA affiliates, RA/CR staff are also treated like suckers.

 

[falseadoom]

Wagershare is exactly that, affiliates are paid on what a player wagers, not what a player deposits. An affiliate of Wagershare Model earns, at max 1.3%, paid to them. They do not earn 35% paid to them.

Why do you insist on mixing (clouding) this issue, with Apples and Pears? Don't answer, it's rhetorical!

NB - I've provided my accountant; who btw is ex ATO (Australian Tax Office). He has examined all factual figures, NZ Taxes garnished by RA thus far, and has determined, the Wagering Model's 35% figure, is mislead. It's NOT a true 35% revenue at all (not my word, his words).

According to his calculations, Given, at most, I am only paid 1.30% on player turnover, garnishing TAX payments at 35% of the 15% NZ Tax, is ludicrous and absurd. The Tax fee should be no > 1.3% of the total 15% NZ GST.

His arrived figure, as well as mine, is my share is 0.195% max of the 15% total NZ Tax bill, paid. Or lets make this really simple, here are the dollar values:

On $100 profit, RA/CR are paying $15 NZ TAX. According to my AM, they also pay tax on bonuses. Therefore, if a player deposit $100, receives $100 bonus, and loses both, RA/CR pay $30 in NZ TAX.

I should only be charged, a maximum of $0.39 cents on that $200. That's my share of, this TAX payment above. Anything else is misleading, quasi accounting. AKA fake BS.

---------

I'm not going to waste my time arguing with shills or people who have an agenda to protect RA/CR et al.

I have to laugh.

It's bizarre, when, some of the same people, who, were defending RA/CR, back in 2011, busted (with factual documented proof) for their unethical cross marketing scam. Are now back defending RA/CR, again.

Like my accountant, I too now have doubts about the validity of, the RA/CR NZ Tax grab.

It seems the AM's, and other staff at RA/CR et al, believe everything their their employer, tells them. That doesn't mean though, what's said, is true. The unethical cross marketing, RA/CR staff would have participated in that RUSE. Maybe... Like RA affiliates, RA/CR staff are also treated like suckers.

So you want to be taxed at 0.195% on all wagers.. (since you are calculating everything on wagers)
If a player is winning those taxes could be quite high.

 

[AussieDave]

Payout is calculated at 35% of margin - (35% of applicable gaming taxes and fees):

	Margin	Payout - wagershare
Table Non Blackjack	2.57%	0.90%
Slots	3.71%	1.30%
Video Poker	0.94%	0.33%
Blackjack	1.26%	0.44%

If wagershare was paying 35% flat, then 35% of the 15% NZ Tax, or any tax, would be correct affiliate's share.

One (1) small problem... Affiliates on wagershare do not earn 35% flat.

• Affiliates on Wagershare Model, are paid, at MAX, 1.30%. on slots wagering (turnover).
• Affiliates earn even less on other casino game wagering (turnover).

This 35% is a ruse, it's fake. It's used to make it LOOK like you earn more than you actually receive.

It like Video Slots Affiliates, who, were boasting 40% RS. As we all know now, that 40% was FAKE. Affiliates DID NOT RECEIVE A TRUE 40% RS. NO... Instead, they were paid a pathetic 5.5%.

25% RS paid 3.5% RS.

These Video Slots payments were/are a FAR CRY from their MARKETED 40% propaganda.

the 35% at RA is fake too. It's smoke and mirrors.

 

[falseadoom]

Payout is calculated at 35% of margin - (35% of applicable gaming taxes and fees):

	Margin	Payout - wagershare
Table Non Blackjack	2.57%	0.90%
Slots	3.71%	1.30%
Video Poker	0.94%	0.33%
Blackjack	1.26%	0.44%

If wagershare was paying 35% flat, then 35% of the 15% NZ Tax, or any tax, would be correct affiliate's share.

One (1) small problem... Affiliates on wagershare do not earn 35% flat.

• Affiliates on Wagershare Model, are paid, at MAX, 1.30%. on slots wagering (turnover).
• Affiliates earn even less on other casino game wagering (turnover).

This 35% is a ruse, it's fake. It's used to make it LOOK like you earn more than you actually receive.

It like Video Slots Affiliates, who, were boasting 40% RS. As we all know now, that 40% was FAKE. Affiliates DID NOT RECEIVE A TRUE 40% RS. NO... Instead, they were paid a pathetic 5.5%.

25% RS paid 3.5% RS.

These Video Slots payments were/are a FAR CRY from their MARKETED 40% propaganda.

the 35% at RA is fake too. It's smoke and mirrors.

wager model is on all wagers.. Do you want taxes on all wagers?? Simple question

 

[Roulette Zeitung]

You trying the lecture me, and make me look foolish.

YET, you, yourself, come out with this clueless dribble...lol

Be careful, Dave. They obviously believe, you have a weak case here, and there is a chance to make you directly or indirectly look foolish, because they want to use this as a precedent to suggest later, all cases against the Mr. Jimmy Crime Family must be weak. It's not about the case. It's about winning for her, who's not coming to discuss but watching behind the monitor, the reason why they don't say one single word to the other cases. Just look, who is writing and online at once.

 

[Tupee]

"It's not about the case. It's about winning for her, who's not coming to discuss but watching behind the monitor, the reason why they don't say one single word to the other cases."

And unfortunately some prestigious webmasters are also on her side as I experienced. Not neccessarily because of vicousness, but they do believe her tactics I guess. Or I don't know.