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Discussion in '400 Affiliates' started by Guard Dog, Feb 15, 2010.
I agree completely.
Rival, stop shaving your affiliates.
Will the 5% extra really cover the potential affiliate share of a "worst case scenario" situation (one that we must not forget is being caused by a retroactive change in terms to begin with)? I'm not entirely sure that it would.
If so, then that sounds like a reasonable solution to this problem. However, I'd like to see the extra 5% applied to all affiliates and not just those who have sent a player in the last month.
I'm assuming the seed is the minimum prize amount of the jackpot.
Is it just me or does it look like the affiliate is getting the hook for covering 100% of the seed?
What if 2 players hit jackpots in the same month on to different programs' casinos? ANW grand total could be -8K?
That's a lot of deposits to make up.
Also what does this mean?
Am I wrong but shouldn't it be debited and not credited if it was a progressive win?
How long are we going back for this, since the release of the progressive games?
I sent message to Paul that we will do CPA or nothing with this program.If all others start passing this email to us they will get same reply.I normally do not work on weekends but I am today and adding more RTG Casinos and removing rivals .I agree with you Andy , I will buy them up too just to flip the sites to other softwares.
Rival is coming off my sites this week! We are are NOT responsible for your processing issues and this started way before Mastercard froze up fund! This sort of thing happens everyday in our business with many companies and NONE of them have ever introduced retroactive predatory terms like this before! Rival should have enough capital to take this hit they are a larger damn company after all! Not only that they will write this all off as a business loss all the while collecting this money from us affiliates.
All I can say is someone at Rival just made a really stupid business decision and cut the throat of Rival Gaming, consider yourself history. How can you expect me to send players to you if you cannot even pay your affiliates. The only Rivals staying on my sites are the ones that I know for sure 100% can wash their own money without the help of Rival.
I VOTE ROGUE
For those that haven't yet looked at their 'bad deposits' numbers, this is what you need to to do:
Log in to your affiliate admin panel, then go go to the 'Reporting' tag at the top of the screen, then change it to 'February' and 'commission report' - at the bottom of the screen you will see the adjustment
Just been totting it up and the amount they have taken from me is $xx,xxx
Just received this from Sloto'Cash...what a class act this company truly is!!
Sloto’Cash Affiliate Program
Online Slots and Casino Games at Sloto'Cash Casino
- No Changes at Sloto’Cash
Some of you might be aware that MasterCard is no longer accepting direct and through third party (i.e. e-wallets) purchasing from U.S. residents for online gambling purposes.
These radical changes brought up challenges on having two of our major credit card processors seize all deposits made by credit card from the last 2 months. This means that Sloto’Cash will not receive those funds and as a result caused a significant loss of revenue to the casino.
Sloto'Cash decided not to apply any of those charges to the affiliates commission. Those losses will be absorbed by Sloto’Cash Casino and WILL NOT have consequences on the affiliate program. We will work hard on creating a safe processing environment at Sloto'Cash Casino for our players where you as an affiliate will profit as well. We have made no changes to our T&C's, and value the relationship with our affiliates.
Sloto'Cash does not make any adjustments to affiliate accounts for progressive deductions and therefore does not carry forward any negatives.
Sloto’Cash Casino is not a white label casino and as such operates our own processors and has our 24/7 support in house.
We thank you for your support and business to Sloto’Cash. If you have more questions about this topic, please do not hesitate to email us.
Sloto Cash Casino is really the best one.
they was the first one with rival software and i will give them now the full 100% traffic on my sites.
Well done Sloto Cash!!
Hope more rivals will follow up like what Sloto Cash is doing!!
That is great news from Sloto! It is really too bad that giving Sloto traffic means that Rival profits Rival needs to feel this in their own pocketbooks, IMO.
I hope that other Rival Casinos who are good companies change their 'white label' casino into a full casino at this point and tell Rival to shove their idiotic retroactive rules.
Is anyone else concerned that we will start seeing many of these White Labels begin to close down in the near future? Taking our players with them?
Unless white labels take it on themselves to absorb the costs (or Rival change their mind on this issue) then I can see them losing nearly all of their affiliate-generated new depositors, as affiliates move their marketing efforts towards other groups, like RTG and Vegas Tech. Can these white labels make enough money to survive, if that happens? Will we lose ALL of our players, as one by one, they close their doors?
So far, this is just Mastercard, but I wonder whether we will take more hits like this in the future, from other processors?
I sent an email to every Rival casino yesterday asking them each to read this thread and reply with their stance on the matter.
Given it's only been one day - This is what we've learned:
Affiliate Wide (Box 24) and Sloto'Cash are the only two casinos who are not implementing the progressive changes or hitting us with the "lost" Mastercard deposits.
Royal Apollo is making an effort to keep things as fair as possible, but I am afraid that's not going to get them very far.
I hope all of the programs realize how urgent of an issue this is. I had a large chunk of my earnings wiped out overnight and I am not at all happy about it for many reasons.
First off, the progressive changes were applied retroactively (and deceptively if you ask me). I spoke with a Rival program many months ago to figure out why my earnings were dropping at the end of the month and they were not able to provide me with any explanation).
Second, I don't believe affiliates should be hit with any of the "bad deposit" losses. You operate a casino and it's your responsibility to ensure that you have top notch processing. We sent you the players, they made legitimate deposits, and you're punishing us for doing our jobs? It's your responsibility to ensure that your processing is able to function and if it isn't then that's your responsibility too. We could have sent those players to a number of other casinos who use different software, but we sent them to you because we trusted that you were prepared to handle whatever it is that came your way.
The last thing that really pisses me off is the fact that both the progressive fees and the lost deposit fees are thrown in randomly on the last day of the month. Affiliates use their REAL TIME stats to budget month to month and it's extremely frustrating when our earnings are wiped out on the last day of the month and we had no way of knowing how much was going to be lost.
I can't even believe that MasterCard was that popular of a deposit method. In some instances, I had many large deposits spread out over many players and 100% of those have been classified as "bad deposits" in the reports.
Rival - You are taking the wrong steps here and there is a very small window of time where you can correct this with minimal damage done to your reputation (which up until now has been stellar). Affiliates are already pulling your brands and many more will follow in the very near future if these changes are not reversed.
Sloto'Cash is run smartly, they've turned a negative into a positive.
Plus my $$$ was in my account on or before 4AM today. I felt something was up when my last player deposit was 2/14. Even still I'll stick with them.
That was an EXCELLENT post and it certainly reflects the sentiment right now in regards to Rival casinos.
Box24 did send out an email as the only other NON-'white label' Rival:
More GREAT news from Steve and Wael at BOX24...another class act!!
Hope you are all well.
With all the news swirling about the changes being implemented by Rival gaming, I just wanted to clarify that Box24 Casino is NOT a white-labeled brand NOR is it bound to the new regulations being introduced by Rival.
Everything Box24 Casino does is “in house”; this includes its support, processing, retention and most importantly, its revenue sharing system. Box24 does NOT base its earnings system on a percentage of the ANW but rather on the WAGERING PROFIT. Furthermore, there is absolutely NO CARRY OVER of negative balances from month to month.
The progressive jackpot issue will thus not affect affiliates promoting Box24 Casino. Seeing how we will not be affected by these recent changes, I would expect that our brand would continue being heavily promoted as many of you already have been doing. In addition to this, now may be a good time for those affiliates not pushing our brand to give it a strong push.
LOL Andy, you beat me by a minute!! ;D
I think it was seconds
I had none labeled as "Bad Deposits". However I did get hit with progressive deductions, which is a much bigger issue assuming the "Bad Deposits" is a one time charge.
I also joined Box24 yesterday and will add the banners today some time.
No doubt a we will see a mass amount of player list being recycled in the next few weeks and casinos closing! Rivals best act fast because we are removing ALL that enforce this new predatory changes. So that leaves Box24 and Sloto so far, these 2 will get a ton of good biz! No matter what my faith in Rival is gone, I think this is a company in trouble and I am not sticking around to go down with them!
This is the official term (I labeled it "bad deposits" to shorten it up):
Comm. Adjustment for Bad Debts - No Settlement:
I got hit with this on just about every Rival program I work with (and I work with just about all of them).
Here is a question to toss around folks.... Since we learned a few weeks back that each individual casino can decide what games they will have in the casino why can't these casinos all say well screw you Rival I don't want your progressive slots in my casino? This way they are not paying towards that seed?