- Joined
- May 22, 2012
OK, QT Affiliates have just introduced aggressive negative carry-over.
This concerns Spin Genie, Pocket Fruity and Slingo along with BGT I presume.
"Hey Guys,
We have recently updated our Terms & Conditions regarding negative commission being carried over to the following month (Clause 6.10). The updated Terms & Conditions are listed below.
Please note that QuickThink Affiliates is still a negative carryover programme and we believe this amendment is benieficial to both parties.
NEW TERMS & CONDITIONS
In the event that a player wins more than £5,000 in a single month, the Merchant will be entitled to carry over any negative balance which may result from such win on a cumulative basis for the lifetime of the player activity until the amount of such player’s wins minus the amount of such player’s losses equals zero. Any such player will be highlighted in the affiliate's account as “Monitored”.
The affiliate will be able to view all adjustments in order to track the Monitored Player’s net breakeven point. Adjustments will be made at the end of each calendar month based on the cumulative revenue for the month running to protect the Affiliate’s income from revenue generated from other Players in the same month. Break even points will be monitored weekly to ensure that all revenue in the month is payable in the same month.
Example
• A player wins £10,000
• Net revenue in the affiliate accounts will reflect -£10,000 including all other players. The player is automatically classified by the Merchant as a “Monitored” Player. Net revenue in the affiliate reports will reflect - £10,000. The player is classified as a Quarantined Player.
This is because the amount won is greater than the specified amount as shown above (£5,000).
• The 'Monitored Negative Carryover' is also -£10,000.
Break even occurs when the player loses £10,000, to compensate for the £10,000 originally won. This may take several months and is therefore calculated on a cumulative basis for the lifetime of the Player’s activity.
For the avoidance of doubt, Merchant will be entitled at any time, at its discretion, to:
(a) carry forward and set off any negative revenue share amount against all future revenue shares otherwise payable to the Affiliate, until the negative balance is set off in full; and
(b) to zero out the negative balance that would otherwise be carried forward.
If you require any further assistance regarding this, please do not hesitate to ask.
Thanks,
QTA Team"
See Related Threads:
This concerns Spin Genie, Pocket Fruity and Slingo along with BGT I presume.
"Hey Guys,
We have recently updated our Terms & Conditions regarding negative commission being carried over to the following month (Clause 6.10). The updated Terms & Conditions are listed below.
Please note that QuickThink Affiliates is still a negative carryover programme and we believe this amendment is benieficial to both parties.
NEW TERMS & CONDITIONS
In the event that a player wins more than £5,000 in a single month, the Merchant will be entitled to carry over any negative balance which may result from such win on a cumulative basis for the lifetime of the player activity until the amount of such player’s wins minus the amount of such player’s losses equals zero. Any such player will be highlighted in the affiliate's account as “Monitored”.
The affiliate will be able to view all adjustments in order to track the Monitored Player’s net breakeven point. Adjustments will be made at the end of each calendar month based on the cumulative revenue for the month running to protect the Affiliate’s income from revenue generated from other Players in the same month. Break even points will be monitored weekly to ensure that all revenue in the month is payable in the same month.
Example
• A player wins £10,000
• Net revenue in the affiliate accounts will reflect -£10,000 including all other players. The player is automatically classified by the Merchant as a “Monitored” Player. Net revenue in the affiliate reports will reflect - £10,000. The player is classified as a Quarantined Player.
This is because the amount won is greater than the specified amount as shown above (£5,000).
• The 'Monitored Negative Carryover' is also -£10,000.
Break even occurs when the player loses £10,000, to compensate for the £10,000 originally won. This may take several months and is therefore calculated on a cumulative basis for the lifetime of the Player’s activity.
For the avoidance of doubt, Merchant will be entitled at any time, at its discretion, to:
(a) carry forward and set off any negative revenue share amount against all future revenue shares otherwise payable to the Affiliate, until the negative balance is set off in full; and
(b) to zero out the negative balance that would otherwise be carried forward.
If you require any further assistance regarding this, please do not hesitate to ask.
Thanks,
QTA Team"
See Related Threads:
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