
Originally Posted by
AussieDave
Simple answer GREED.
It's not enough for some programs to earn X (a tidy sum from their partners). Instead of being happy with 100K, they want $200K. When they get that, they want $500K... Eventually the only way to get $500K etc., is to steal from their partners.
Can't recall the owner's name but there's an operator who resides in Canada. He boasts about owning 12 Ferrari's. His last Ferrari was flown in, and accompanying that flight were about 4 technicians from Ferrari, their job, to set the car up when delivered.
He acquired all these from cheating his affiliates...
Lets take the "Admin Fees" as an example.
These started to rear their head in circa 2014. Previously, affiliates didn't get smacked with Admin Fees.
I certainly tell you when I entered the business in 2000, most programs paid on a scaled commission... EG - 0 to 5 NDP's 25%, 6 to 10, 30%, 11 to 20, 35%.
BTW that was a true 25,30,35,40,45%, not shaved commission values like today. Not like advertise 40% and the affiliate is paid 17%, or worse case like VideoSlots.com paying 5.5% on their advertised 40% commission.
Programs will say, it's expensive to operate these days. True. However, without affiliates send traffic, you'd be out of business.
Reiterating, it's all about greed and milking affiliates, and then paying as little, as in some cases, not paying at all, or stealing players.
Sadly, the industry is FULL of crooks these days, and even worse, people who we think have out best interests at heart, instead, are thieves in disguise.