Hi all,
To add to this thread and poll, PlayShare Partners would like to clarify the details of the policy as much as possible, so that you can make a fully informed decision.
This policy has been active and in our terms and conditions for over a year, the policy applies to all players of any revshare or hybrid deal affiliates, it is retro active in as much as it applies to all players acquired by these affiliates, however this does not imply that PlayShare will look at historical high roller wins older than the previous month and apply these to the high roller policy. We believe that this policy is transparent, honest and fair both to the affiliate and to Playshare
The way this is structured is that:
1. In any given month, if an individual player generates a negative net win of at least $10,000 ('high-roller'), and the aggregate net win in that month (for the casino) for that affiliate is negative, then the high-roller policy will apply.
2. Note that both the stated criteria need to be met in order for the high roller policy to be applied.
3. Going forward, any negative balance will only be applied, proportionately, to the high rollers until the negative balance is reduced by future netwin for that month, this means that the high roller carry over does not affect the affiliates earnings from the balance of their players.
I have attached an example of the high roller policy below. Here the affiliate is on 25% revshare.
To take an extreme example, imagine on the last day of the month a player wins $400,000 then the very next day which is the 1st of the month the player loses it ALL back. So the net result at the casino is ZERO. Is it fair the affiliate is on 25%, is it fair that the affiliate earns $100,000 for this event?
We are being as fair as possible by still allowing no zero carry over, but just ring fencing big winners, rather than just stopping zero carryover.
i. High-Roller Policy
I. In any given month, if an individual player generates a negative net win of at least $10,000 ('high-roller'), and the aggregate net win in that month (for the casino) for that affiliate is negative, then the high-roller policy will apply.
II. If both of the above criteria are met (see point I) then the negative net win generated by the high-roller will be carried forward and offset against future net win generated by that high-roller.
III. The negative balance carried forward cannot be set-off against other players' net win.
IV. If there is more than one high-roller, the negative balance carried forward will be split proportionally between them.
V. The negative balance of a high-roller will be reduced by future positive net win that they generate in subsequent months. The high-roller will continue like this until the total net win has been zeroed then the player shall return to the affiliate account.
VI. Affiliates who have qualifying high-rollers on their account will be notified at the beginning of the following month
VII. Progressive wins do not affect the High-Roller Policy as this payout is taken from the Progressive Prize Pool
VIII. This applies to all affiliates on Revenue Share or Hybrid Deals only.
Should anyone have any questions, please feel free to contact me personally.
Regards,
Lawrence Wilson
Affiliate Program Manager
PlayShare Partners