Hi
Now that Betfair have introduced fixed odds does anyone know if affiliates will be paid on revenues from fixed odds and at what rate?
Best wishes
4ndy
Hi
Now that Betfair have introduced fixed odds does anyone know if affiliates will be paid on revenues from fixed odds and at what rate?
Best wishes
4ndy
Hey,
I just noticed that there is now "Sports - Fixed Odds" under list activity for some players, I don't know what the % rev share is but i'm assuming we'll be paid a %.
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QFormat="true" Name="Intense Emphasis"/> <w:LsdException Locked="false" Priority="31" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Subtle Reference"/> <w:LsdException Locked="false" Priority="32" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Intense Reference"/> <w:LsdException Locked="false" Priority="33" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Book Title"/> <w:LsdException Locked="false" Priority="37" Name="Bibliography"/> <w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/> </w:LatentStyles> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Calibri","sans-serif"; mso-bidi-font-family:"Times New Roman";} </style> <![endif]--> Hi all,
We have started the technical integration of Fixed Odds into our affiliate programme, which is why you are starting to see references to it when you log in to your affiliate account. You will notice that there are no Commission Plans or Banners/Text Links associated with it.
Our Fixed Odds product does not currently have a promotional wallet, which is why we are not doing any marketing for it. Once this functionality is available we will be able to complete the integration and communicate the commission rates to all affiliates.
Thanks,
[FONT=Verdana]Andre Au
Vrindavan (5 November 2012)
Hi Andre
Thank you for the update on this.
As I have said before https://www.gpwa.org/forum/do-you-tr...ts-192037.html if you want to blow the competition away you have got to start paying lifetime revenue share which I think will get the affiliates on your side.
Share some of the love and watch those banners and text links rise!
Best wishes
4ndy
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thebookiesoffers (6 November 2012)
The lifetime revenue share issue is a problem for affiliates so they should offer it on the fixed odds product - I am sure they will (like they do on casino/arcade/poker etc)
Hi 4ndy,
We are planning a soft launch of fixed odds on our affiliate programme shortly.
Please keep an eye out for full communication about it later this month.
Thanks
Scott
Hi thebookiesoffers,
Unfortunately we will not be able to extend the lifetime of exchange customers beyond the current three years.
However, we will be paying life time revenue share on all new fixed odds customers.
Thanks
Scott
Hi thebookiesoffers,
We will be offering lifetime revenue share with no negative carryover on the new Fixed Odds product when we launch later this month, as we do on Casino, Poker and Arcade.
The business took the decision to extend the lifetime of the exchange players from one year to three years last year. After further review this year the decision to maintain the current structure of the exchange model has been taken.
We are confident that you will start to see some great benefits when we have the fixed odds and exchange products fully up and running together.
What percentage of sportsbook players are using the new fixed odds?
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Hi 4ndy,
This month, the fixed odds product is responsible for about 10% of revenue generated by current customers who came through the affiliate channel.
This is with very little exposure other than money back specials that are being promoted through our social media channels.
Currently, we do not currently have an acquisition offer for fixed odds.
However, In the new year we will be pushing fixed odds far more heavily and expect to see a very considerable uptake from both new and existing customers.
My question is how can fixed odds be negative? I was under the impression that the odds were slightly lower than the current exchange price & you simply match their bet and make a small % of the difference between the fixed odds price & the exchange price?
Hi blendtec,
Our Fixed Odds is a risk-based product where we act like a traditional bookmaker, with customers playing directly against Betfair, this is why revenue can also be negative.
Regards,
Andre
Quick question onto this please since I can't find any announcement elsewhere. Has the rate changed for fixed odds yet?![]()
Hi gavind,
The commission rate for Sportsbook is currently 25% lifetime.
Please let me know if you have any further questions.
Thanks
Scott
Hi
Any talk or chance of us ever getting lifetime rev share on the exchange side?
Best wishes
4ndy
Thanks for the confirmation.Our Fixed Odds product does not currently have a promotional wallet, which is why we are not doing any marketing for it. Once this functionality is available we will be able to complete the integration and communicate the commission rates to all affiliates.![]()
Last edited by peleus; 15 August 2013 at 12:30 pm.