- Joined
- Dec 13, 2006
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Wager Profits is now AGD Certified. We have run through their terms and found that they measure up to the highest standards. Below are an abbreviation of the terms:
Long time coming, huh?
[gterm][gtermhead]Chargeback Policy[/gtermhead][gtermmain]
1. Charge-back: A credit card holder discovers irregular transactions made on his/her Credit/Debit Card, which were not authorized by him/her. The credit card holder then requests his/her bank to reverse these charges. Charge backs relate to fraudulent use by a third party of the credit card holder's card or card number.
2. Should the player process a charge back, the disputed or charged-back revenue generated by yourself will be forfeited and therefore deducted from the total balance due to you for the current month.
3. Should this deduction of the accumulated revenue exceed your current amount due, your balance will then revert to a negative balance, and you will have to earn revenue to cover the charge-back before you can start earning revenue again.
4. Unlike with a player making a big winning, which only lasts one month, a charge back will stay due till the revenue generated by your other players has covered the amount due.
5. We understand that this might be frustrating to the Affiliates, but it has to be made clear that the casino can only pay out a percentage of their profits, not fraudulent revenue.[/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Negative Carryover[/gtermhead][gtermmain]
4. Negative earnings are NOT carried forward and the affiliate will begin each month on a zero balance. Should the affiliate close the month with a positive balance, commissions will be paid on the positive balance. Should the affiliate close the month with a negative balance, this balance will NOT be carried forward to the next month, unless the negative balance is a result of a charge-back.[/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Payment Date[/gtermhead][gtermmain]
6. Payments are made 5 business days after the close of the preceding month.[/gtermmain][/gterm]
[gterm][gtermhead]Termination[/gtermhead][gtermmain]
10. Term & Termination
1. The term of this Agreement will begin when you download a merchant banner and link it to our site and will be continuous unless and until either party notifies the other in writing that it wishes to terminate the Agreement, in which case this Agreement may be terminated immediately. TERMINATION IS AT WILL, FOR ANY REASON, BY EITHER PARTY. For purposes of notification of termination, delivery via e-mail is considered a written and immediate form of notification.
2. Upon termination:
1. You must remove our Clients' banner/s from your site and disable any links from your site to theirs and ours.
2. All rights and licenses given to you in this Agreement shall immediately terminate.
3. You will be entitled only to those unpaid referral fees, if any, earned by you on or prior to the date of termination. You will not be entitled to referral fees occurring after the date of termination.
4. If you have failed to fulfill your obligations and responsibilities, we will not pay you the referral fees otherwise owing to you on termination.
5. We may withhold your final payment for a reasonable time to ensure that the correct amount is paid.
6. If we continue to permit activity (generation of revenue) from customers after termination, this will not constitute a continuation or renewal of this Agreement or a waiver of termination.
7. You will return to us any confidential information, and all copies of it in your possession, custody and control and will cease all uses of any trade names, trademarks, service marks, logos and other designations of the merchants.
8. You and we will be released from all obligations and liabilities to each other occurring or arising after the date of such termination, except with respect to those obligations that by their nature are designed to survive termination, as set out in this Agreement. Termination will not relieve you from any liability arising from any breach of this Agreement, which occurred prior to termination.
9. WE MAY TERMINATE THIS AGREEMENT IF WE DETERMINE (IN OUR SOLE DISCRETION) THAT YOUR SITE IS UNSUITABLE. Unsuitable sites may include those that: are aimed at children, promote sexually explicit materials, promote violence, promote discrimination based on race, sex, religion, nationality, disability, sexual orientation, or age, promote illegal activities, or violate intellectual property rights. [/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Revenue Share[/gtermhead][gtermmain]
<table align="center" border="0" cellpadding="8" cellspacing="0"><tbody><tr><th colspan="4"> How does Casino Commission Model Work? </th></tr><tr><td> Level 1 - Up to : </td><td> $5,000 </td><td> Level 1 % </td><td> 30% </td></tr><td> Level 2 - > Level 1 Up to : </td><td> $10,000 </td><td> Level 2 % </td><td> 35% </td></tr><tr><td> Level 3 - > Level 2 Up to : </td><td> $20,000 </td><td> Level 3 % </td><td> 40% </td></tr><tr><td> Level 4 - > Level 3 </td><td>
</td><td> Level 4 % </td><td> 50% </td></tr></tbody></table>[/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Poker Revenue Share[/gtermhead][gtermmain]
<table align="center" border="0" cellpadding="8" cellspacing="0"><tbody><tr><th colspan="4"> How does Poker Commission Model Work? </th></tr><tr><td> Level 1 - Up to : </td><td> $2,000 </td><td> Level 1 % </td><td> 30% </td></tr><tr><td> Level 2 - > Level 1 Up to : </td><td> $5,000 </td><td> Level 2 % </td><td> 35% </td></tr><tr><td> Level 3 - > Level 2 Up to : </td><td> $10,000 </td><td> Level 3 % </td><td> 40% </td></tr><tr><td> Level 4 - > Level 3 Up to : </td><td>
</td><td> Level 4 % </td><td> 50% </td></tr></tbody></table>[/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Minimum Payment[/gtermhead][gtermmain]
WagerProfits.com wants you to get all the money you earn and does not charge processing fees on your commissions, but please be aware of our minimum payment amount of $50.[/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Sub-Affiliate (Tiered)[/gtermhead][gtermmain]
PLUS, there is a Second Tier Program Structure where you will earn 5% commission from all the revenue generated by the affiliates that you refer to us through your affiliate ID.[/gtermmain][/gterm]
[summary]Excellent Work, WagerProfits, on making your terms affiliate-friendly! Couple that with a program that constantly pays on time and you get a great program to work with.[/summary]
Long time coming, huh?
[gterm][gtermhead]Chargeback Policy[/gtermhead][gtermmain]
1. Charge-back: A credit card holder discovers irregular transactions made on his/her Credit/Debit Card, which were not authorized by him/her. The credit card holder then requests his/her bank to reverse these charges. Charge backs relate to fraudulent use by a third party of the credit card holder's card or card number.
2. Should the player process a charge back, the disputed or charged-back revenue generated by yourself will be forfeited and therefore deducted from the total balance due to you for the current month.
3. Should this deduction of the accumulated revenue exceed your current amount due, your balance will then revert to a negative balance, and you will have to earn revenue to cover the charge-back before you can start earning revenue again.
4. Unlike with a player making a big winning, which only lasts one month, a charge back will stay due till the revenue generated by your other players has covered the amount due.
5. We understand that this might be frustrating to the Affiliates, but it has to be made clear that the casino can only pay out a percentage of their profits, not fraudulent revenue.[/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Negative Carryover[/gtermhead][gtermmain]
4. Negative earnings are NOT carried forward and the affiliate will begin each month on a zero balance. Should the affiliate close the month with a positive balance, commissions will be paid on the positive balance. Should the affiliate close the month with a negative balance, this balance will NOT be carried forward to the next month, unless the negative balance is a result of a charge-back.[/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Payment Date[/gtermhead][gtermmain]
6. Payments are made 5 business days after the close of the preceding month.[/gtermmain][/gterm]
[gterm][gtermhead]Termination[/gtermhead][gtermmain]
10. Term & Termination
1. The term of this Agreement will begin when you download a merchant banner and link it to our site and will be continuous unless and until either party notifies the other in writing that it wishes to terminate the Agreement, in which case this Agreement may be terminated immediately. TERMINATION IS AT WILL, FOR ANY REASON, BY EITHER PARTY. For purposes of notification of termination, delivery via e-mail is considered a written and immediate form of notification.
2. Upon termination:
1. You must remove our Clients' banner/s from your site and disable any links from your site to theirs and ours.
2. All rights and licenses given to you in this Agreement shall immediately terminate.
3. You will be entitled only to those unpaid referral fees, if any, earned by you on or prior to the date of termination. You will not be entitled to referral fees occurring after the date of termination.
4. If you have failed to fulfill your obligations and responsibilities, we will not pay you the referral fees otherwise owing to you on termination.
5. We may withhold your final payment for a reasonable time to ensure that the correct amount is paid.
6. If we continue to permit activity (generation of revenue) from customers after termination, this will not constitute a continuation or renewal of this Agreement or a waiver of termination.
7. You will return to us any confidential information, and all copies of it in your possession, custody and control and will cease all uses of any trade names, trademarks, service marks, logos and other designations of the merchants.
8. You and we will be released from all obligations and liabilities to each other occurring or arising after the date of such termination, except with respect to those obligations that by their nature are designed to survive termination, as set out in this Agreement. Termination will not relieve you from any liability arising from any breach of this Agreement, which occurred prior to termination.
9. WE MAY TERMINATE THIS AGREEMENT IF WE DETERMINE (IN OUR SOLE DISCRETION) THAT YOUR SITE IS UNSUITABLE. Unsuitable sites may include those that: are aimed at children, promote sexually explicit materials, promote violence, promote discrimination based on race, sex, religion, nationality, disability, sexual orientation, or age, promote illegal activities, or violate intellectual property rights. [/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Revenue Share[/gtermhead][gtermmain]
<table align="center" border="0" cellpadding="8" cellspacing="0"><tbody><tr><th colspan="4"> How does Casino Commission Model Work? </th></tr><tr><td> Level 1 - Up to : </td><td> $5,000 </td><td> Level 1 % </td><td> 30% </td></tr><td> Level 2 - > Level 1 Up to : </td><td> $10,000 </td><td> Level 2 % </td><td> 35% </td></tr><tr><td> Level 3 - > Level 2 Up to : </td><td> $20,000 </td><td> Level 3 % </td><td> 40% </td></tr><tr><td> Level 4 - > Level 3 </td><td>
</td><td> Level 4 % </td><td> 50% </td></tr></tbody></table>[/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Poker Revenue Share[/gtermhead][gtermmain]
<table align="center" border="0" cellpadding="8" cellspacing="0"><tbody><tr><th colspan="4"> How does Poker Commission Model Work? </th></tr><tr><td> Level 1 - Up to : </td><td> $2,000 </td><td> Level 1 % </td><td> 30% </td></tr><tr><td> Level 2 - > Level 1 Up to : </td><td> $5,000 </td><td> Level 2 % </td><td> 35% </td></tr><tr><td> Level 3 - > Level 2 Up to : </td><td> $10,000 </td><td> Level 3 % </td><td> 40% </td></tr><tr><td> Level 4 - > Level 3 Up to : </td><td>
</td><td> Level 4 % </td><td> 50% </td></tr></tbody></table>[/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Minimum Payment[/gtermhead][gtermmain]
WagerProfits.com wants you to get all the money you earn and does not charge processing fees on your commissions, but please be aware of our minimum payment amount of $50.[/gtermmain][/gterm]
[gterm][gtermhead]Commissions - Sub-Affiliate (Tiered)[/gtermhead][gtermmain]
PLUS, there is a Second Tier Program Structure where you will earn 5% commission from all the revenue generated by the affiliates that you refer to us through your affiliate ID.[/gtermmain][/gterm]
[summary]Excellent Work, WagerProfits, on making your terms affiliate-friendly! Couple that with a program that constantly pays on time and you get a great program to work with.[/summary]
