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  1. #1
    Zalagania is offline Private Member
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    Default How does the industry handle a player winning & losing it agai? Am I getting screwed?

    Hello

    I'm confused and a bit frightened by the way my biggest portal handles winnings and commissions.

    I'm a small time affiliate who recently discovered that the advertised "30% commission" comes after deducting a huge percent towards "taxes and operator fees", namely 40%.

    In other words, if a player loses $100, $40 is deducted towards said fees. Of the remaining $60 I receive 30%, or $18.

    My first question; is this degree of "taxes and fees" the norm? It rather excessive to me.

    My second and bigger question is, if the above is common, how are player winning and subsequent losses handled?

    Let's say a player wins $1000 on a jackpot, I am then -$1000 for his account. Naturally, since it's a loss, I get the 100% accreddited.
    In other words, said player has to lose the whole $1k for me to be at break even. So far so good.

    However, I've noticed that after said winnings, I AGAIN only get accredited 18% net revenue. Meaning that, once again, the portal is deducting 40% for "taxes and fees". But those taxes and fees should only be levied on net winnings, no? Since the account is in the red, shouldn't I receive their full losses accredited against their prior winnings?

    Hopefully the above makes sense. I'm very confused and angered right now. If this is true, I've been receiving a ridiculously low commission rate all this time.

  2. #2
    gil.langelaan's Avatar
    gil.langelaan is offline Private Member
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    Default

    Geez, how tightfisted do they have to be to count only 18% off any win to cover the loss? That's exactly why I'm overly cautious any time I'm reading the deal.

  3. The Following User Says Thank You to gil.langelaan For This Useful Post:

    Zalagania (15 March 2019)

  4. #3
    Sherlock's Avatar
    Sherlock is offline Public Member
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    Default

    Yes, it is a norm.
    Yes, it is excessive/misleading.
    ANd yes the standard is to not treat loses and wins symmetrically and that is probably the biggest cheat of everything. To get netto 18%, where standard is 30%, is very rare and quite high nowadays. I guess that is about bet365 real rate.

    Scum like betsson or willhill or paddypower do incredible things.
    If you talk to God, you are praying; If God talks to you, you have schizophrenia.

  5. The Following 2 Users Say Thank You to Sherlock For This Useful Post:

    Brokkoli (23 March 2019), Zalagania (15 March 2019)

  6. #4
    Zalagania is offline Private Member
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    Default

    Thank you for your guys' responses. This is a Bulgarian partner, I actually wanted to try and switch to bet365 in hopes they have better terms, if I could ever get an account with them.

    Not counting losses against gross winnings is extremely concerning and, quite frankly, fraudulent in my eyes. How sad, I was excited about growing this site.

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