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.