Rival Brands Good or Bad List (Progressive Monies Removed/Processing Funds Removed)

bonustreak

Senior Member
webmeister
Joined
Nov 18, 2004
Location
Home Office
Link Removed (invalid URL)


If you are not aware already for the last year Rival has been removing a progressive fee to fund the progressive slot seed from affiliates without telling them this was going on. They are also now removing funds for 'processing' there is no clear definition of this and why it is being removed. Please educate yourselves and see the casinos that have stepped up to the plate to refund you for the progressive fees that were taken from you!
 

bonustreak

Senior Member
webmeister
Joined
Nov 18, 2004
Location
Home Office
Let me just say I know in these crazy times of processing money there will be things that go wrong and I as an affiliate do not expect to be paid on money that is not collected by the casino BUT if I am going to help pay the cost of processing certain transactions then I damn well deserve to know the cost breakdown of what I am paying for. If we are going to help feed the seed on progressives then the programs have the responsibility of informing us before hand NOT a year later.

I think most affiliates are willing to adapt in these hard times and if the affiliate programs would just keep us informed there would not be big issues, I myself would rather earn something then see a casino shut down and earn nothing anymore.
 

RobWin

closed account
Joined
Apr 24, 2004
Location
A Vault!
Let me just say I know in these crazy times of processing money there will be things that go wrong and I as an affiliate do not expect to be paid on money that is not collected by the casino BUT if I am going to help pay the cost of processing certain transactions then I damn well deserve to know the cost breakdown of what I am paying for. If we are going to help feed the seed on progressives then the programs have the responsibility of informing us before hand NOT a year later.

I think most affiliates are willing to adapt in these hard times and if the affiliate programs would just keep us informed there would not be big issues, I myself would rather earn something then see a casino shut down and earn nothing anymore.

I agree bonustreak and I believe I also touched on that very principle here... https://www.casinomeister.com/forum...stercard-defaults-affiliates-penalized.36770/
____
____
 

bonustreak

Senior Member
webmeister
Joined
Nov 18, 2004
Location
Home Office
Rob how are you sweets? I seen that thread but thought I would leave it alone since it is in the area for players(IMO) and they don't need to see us haggle with the affiliate programs...lol
 

tradition

Dormant account
Joined
Oct 31, 2009
Location
malta
Our Group Igaming.pro thought a lot about this hard situation. Here you are what we decide, step by step :

1 - We don't want to charge existing affiliates for progressive contributions : from March 01, 2009 to Feb 28th, 2010. When you signed up in Igaming.pro, our terms didn't speak about any deductions regarding progressive jackpots, so you couldn't be aware of this. We want to respect contract filled with our affiliates.

2 - We don't want to charge new affiliates for progressive contributions from March 01 2010 : we want to pay all new affiliates with our current revshare system. Distribute affiliate tagged player progressive net losses prorata to all the affiliates in our casino doesn't seem fair in my opinion.

3 - We don't want to change commissions system conditions for existing affiliates : we want to continue to pay all existing affiliates with our current revshare system based on ANW without any deductions on progressive adjustment.

Fyi, here you are what is exactly the ANW commission payment without any deductions on progressive adjustment. ANW = deposits cashouts - chargebacks. Imo, it's the most interesting for affiliates.

On the other hand, here you are the net wagering system without any deductions on progressive adjustment. Net wagering system = Bets minus winnings minus promotions/comps plus promotion reversals (from max_cashout and sticky) minus chargebacks minus manager transactions.

Of course, some Rival casinos applied ANW system or net wagering system and decided to deduct progressive contributions to affiliates.

So, when we launched we decided to offer to affiliates the best solution to be paid : we decided to continue this way :)

4 - We want to deduct to affiliates all deposits lost because of processors with retroactive effect if needed : in my opinion it's like a chargeback, so we cannot pay affiliates if money is retained by processors. It's not your fault, but it's not our fault either : we have to share risks together.

More, our security system in Tradition Casino has been criticized by players on some forums because of systematic security requests never seen in Rival Casinos : result is good today because i think we'll get a very low portion of deposits lost, considering we always insisted on deposits made with ewallets. i'm really interesting to have your personal feedback about this point compared to other Rival groups :)

So, now, you know our position concerning all points. An official annuncement will be sent to all our affiliates next week.
 
Top