Anyone could explain this revenue share equation?

[Ares]

I tried live chat, but they couldn't help.
Can anyone please explain to me with an example the commission plan I found in the condor-affiliates site?

Our program affiliate partners a 30% standard revenue share commission rate, with the revenue share being the percentage of the net gaming revenue. The gaming fee of the house win is of 20% and, as an affiliate, you're only required to contribute towards it to the extent of your revenue share percentage. The calculation is made as follows:

Deposits – (payout pending + payout cancelled) – 5% transaction costs – (your revenue share % x 20% gaming fee)

So if there are $100 deposited and zero payouts, then I get the 30% of 100 - 5 - 6 = 89 (because 0.3 x 0.2 = 6% ?)
Which means the 30% of 89 = $29,6 commission. Do I get this right?

[wonderpunter]

It doesnt look right I would of said $100 Minus 25% (5% Deposit fees, 20% gaming fee) = $75 Net Rev share your commision @ 30% $22.50.. now that makes sense

Unless they are really shady and by that explination the 20% gaming fee is shared but comes out of comsm instead of gross rev.. in that case 10% of total would be $10 from your $30 comms leaving you with $20.. you're right it's confusing

[eenzoo]

It doesnt look right I would of said $100 Minus 25% (5% Deposit fees, 20% gaming fee) = $75 Net Rev share your commision @ 30% $22.50.. now that makes sense

Looks generous
For german player you can cut 19% sales tax too *cry

[universal4]

Have you asked for a more detailed explanation from the affiliate manager?

Give them a few examples of players and how much they deposited and won or lost and ask what the return would be.

Most will certainly take the time to follow up with those kinds of questions.

Rick
Universal4

[Ares]

hi Rick,
I'm not yet an affiliate, just trying to understand the program.
Yes, in the end I'd have to send them an email....

[universal4]

Well, you could just name the program here, and other affiliates or their program rep (if they are here) can explain it in terms to help you understand.

Rick
Universal4

[Triple7]

Transaction costs are for the full € 100 ? Why is that when they're paying you just a % of those € 100 ?

[Ares]

Well, you could just name the program here, and other affiliates or their program rep (if they are here) can explain it in terms to help you understand.

Rick
Universal4

It is the Condor-Affiliates commission plan.

[Triple7]

Then it is:

Revenue minus 5% transaction and the gaming fee will be 30% of the 20% game fee. This will also be deducted.