Bet on Aces Program - outrageous admin fee's (RESOLVED)

[allfreechips]

Looking at the program they wanted signed docs from me on the contract but never told me revshare calculations until today, 35% of revenue minus admin fees, and the best part is admin fees are 40%!

So 100 deposit and loss, minus 40% admin fees leaves 35% of the remaining $60 = $21 in aff payments!

[Zuga]

hehe what a load of crock

[wonderpunter]

it's proabably even less when you add in software provider fees, 21 sounds too high for a operator taking 40%

[Triple7]

Lol. Do this kind of crappy casinos have to pay such insane amounts of rev share to gaming providers?

[FreeSpins]

No... they usually pay between 10-25% to the software providers. 40% admin fees is too high, and looks like another way to shave your commission.

BetOnAces = Bet On ****

[Cardy007]

Wow that sucks - maybe affiliates should pay for the right to promote them as high admin fees can put you in the negative!

[Triple7]

They had a boot at LiAC, perhaps they shave affiliates this way to be able to pay that booth?

[Bet On Aces]

Hello,

I am sorry that you have the incorrect information.

Our admin fees are not 40% as you have posted. Our fees are set at standard industry rates.

Admin fees vary from affiliate to affiliate depending on the gaming providers.

Our commission structure also varies from 35%-50% .

If you have any other queries, please contact me direct - Skype: stevelooker
Best regards,
Stephen

[Triple7]

Our fees are set at standard industry rates.

In your backend you do not fill in a %, but you just tick a box "standard industry rates"?

[allfreechips]

Hmm I see i got a new email that the rates they sent me last time were incorrect.. interesting change after some traction here no?

Either way I'm out.

[Anthony]

Bet On Aces is having some issues with their account so I offered to post for them.

From Bet On Aces

Thank you for your feedback.

Our affiliate model allows affiliates to earn up to 50% revenue share, CPA's or hybrids of both. The admin fees can vary from 25% - 30% depending on which game providers have been used. This includes the game provider fees and Bet On Aces fees.
For any other queries, please do not hesitate to contact me direct via Skype: stevelooker

Thank you.

[Anthony]

The admin fees are not 40%, that rate was given to the OP in error. The rates are 25%-30%. I have marked the thread resolved.

There certainly should be more transparency in these fees, we will begin to put together the fees charged by programs listed at GPWA. I plan on listing the information on the program's overview page. We will make an announcement when the project is complete.

[Roulette Zeitung]

"There certainly should be more transparency in these fees, we will begin to put together the fees charged by programs listed at GPWA. I plan on listing the information on the program's overview page. We will make an announcement when the project is complete."

This is a great add-on, because this pudding-like admin fees in the affiliate universe are a thorn in my eye since decades. I have a strong opinion on that, which I published in my diary a few minutes ago. Better there than here I believe.

Again: This overview-page add-on is a tremendous step for more transparency. I am very surprised, why almost no one with the exception of PromoteCasino supports that openly here in this thread with thanks or replies.

Leopold