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  1. #1
    4ndy's Avatar
    4ndy is offline Private Member
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    Default Fansbet Commissions

    Just had an email from fans bet see below

    Am I right to assume that 45% in fixed fees and bonus deductions would mean the following

    Player loses 100
    Less 45% fixed fees = 55 to affiliate
    Multiplied by affiliate commission lets say 25% means affiliate is paid 13.75
    So in effect I am paid 13.75% Rev Share?
    Oh and if they have had say a 10 bonus I am left with 3.75?
    Oh and they have negative carry over now!
    Oh and if after say 5 years of an affiliate promoting them they need some extra revenue they can close affiliate accounts with 30 days notice?
    Should I promote fansbet?

    Email from Fansbet below
    Dear Affiliates,IMPORTANT ANNOUNCEMENT TO ALL AFFILIATES

    (UK & INTERNATIONAL)
    We are delighted to introduce to you the new and improved FansBet platform which is now available within the UK and International markets. Both recent migrations have been a success and all historical affiliate data has now been mapped successfully.
    We can now start to accept new traffic within International markets for the MGA territories and this feed has been setup for you to start acquiring customers.
    The feed for the UK market is currently getting updated and will be available later in the week. As soon as this is available, we’ll send an update to let you know when you can start acquiring customers again within this market.
    We are very excited to offer an array of brand new features with industry leading promotions. Also not to forget a website and mobile product which is quick, easy to use and will complement our outstanding offering.
    As we have now moved our licence over to Argyll Entertainment AG in the UK and to our own independent licence for MGA territories we have updated our affiliate T&C’s to reflect these changes. You can read these here:
    https://www.fansbetaffiliates.com/terms-conditions/

    One of the biggest changes to our affiliate T&Cs will be the introduction of Negative Carry Over meaning should your affiliate Net Revenue end up in the negative this will then be carried over to the next month. Note that you can never become in debt but you will not be earning any revenue share until the accumulative Net Revenue is in positive. This will be implemented from Friday 31st July and all previous players that have been sent will remain on the previous agreement until then.
    The new admin fee calculation for the UK will be 45% in fixed fees + bonus deduction(s) and 30% in fixed fees + bonus deduction(s) for the MGA and international markets.
    When you next log in to you affiliate account you will be notified of the changes to the T&C’s in way of a pop-up, and will need to opt-in to these updates in order to proceed and access your account.
    Within the NetRefer system you will also find a selection of Banners and Landing Pages for you to market the new and improved FansBet product!
    If you have any questions then please do not hesitate to contact us at: contact@fansbetaffiliates.com and good luck promoting.

    Kind Regards,
    FansBet Affiliate Team
    Check out the very latest free bets from freebets.org including updated money back specials and price enhancements.
    Get free slots UK from freeslots.co.uk

  2. #2
    Cash Bonus's Avatar
    Cash Bonus is offline Private Member
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    Default

    I personally wouldn't promote any program that charges 30 to 45 percent in fees. Absolutely not. There's no fairness whatsoever in that. That's a very high admin fee and any admin fee is unnecessary imo.

    What would be left for the taking? Nothing.

    I'd be taking my business elsewhere asap. There are many more and better programs to promote.

  3. #3
    Neverpaid96 is offline Brand New Member
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    Default

    Did you read about them not paying affiliate before have fansbet sorted this out.

  4. #4
    fruitpunch is offline Public Member
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    Default

    What is this company doing to charge 30 or 45% in fixed admin fees?!?

    This is outright theft of your commission.

    I rather promote then bitcoin gambling sites where no way they can justify more than 10% in fees.

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