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- Feb 14, 2007
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Hi Guys
A lot of the affiliates here are well aware of Videoslots and their affiliate program.
For starters, most of us were aware of that they didn't pay their affiliates very well at all. Affiliate Guard Dog has been in the process of conducting a number of revenue share audits across multiple platforms and brands.
Videoslots had their turn this time around - but the results are so shockingly bad, one must begin to wonder how their entire commission structure for affiliates is just simply misleading and theoretically means they are shaving our commissions monthly.
Videoslots advertises the amount of revenue you can receive, but according to the Audit, these figures are massively misstated and misleading.
As an example: They have several tiers on which you can earn revenue. After all their charges and fees, your actual commission - contrary to what you are lead to believe, is as follows:
25% = 3.08%
30% = 3.70%
35% = 4.32%
40% = 4.93%
45% = 5.55%
(Data copied from AGD)
As you can see, if you have a 25% rev share deal, after Videoslots deducts fees, you actually only earn 3% of the stated deal. Thats like a little over 10% of your 25% in reality.
A ton of affiliates have put blood, sweat and tears into their domains and work really hard to attract players to the brand they promote. The last thing we expect is to be insanely underpaid for this. This is honestly highway robbery - coupled with their LATE LATE payments (the slowest in the industry) we are not being treated fairly IMHO.
The original thread can be found here:
Nate
See Related Threads:
A lot of the affiliates here are well aware of Videoslots and their affiliate program.
For starters, most of us were aware of that they didn't pay their affiliates very well at all. Affiliate Guard Dog has been in the process of conducting a number of revenue share audits across multiple platforms and brands.
Videoslots had their turn this time around - but the results are so shockingly bad, one must begin to wonder how their entire commission structure for affiliates is just simply misleading and theoretically means they are shaving our commissions monthly.
Videoslots advertises the amount of revenue you can receive, but according to the Audit, these figures are massively misstated and misleading.
As an example: They have several tiers on which you can earn revenue. After all their charges and fees, your actual commission - contrary to what you are lead to believe, is as follows:
25% = 3.08%
30% = 3.70%
35% = 4.32%
40% = 4.93%
45% = 5.55%
(Data copied from AGD)
As you can see, if you have a 25% rev share deal, after Videoslots deducts fees, you actually only earn 3% of the stated deal. Thats like a little over 10% of your 25% in reality.
A ton of affiliates have put blood, sweat and tears into their domains and work really hard to attract players to the brand they promote. The last thing we expect is to be insanely underpaid for this. This is honestly highway robbery - coupled with their LATE LATE payments (the slowest in the industry) we are not being treated fairly IMHO.
The original thread can be found here:
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Nate
See Related Threads:
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So, I also would never have signed up as an affiliate with your brand had I know of the extreme amount of fees you were removing! I think you retroactively changed the amount of fees without telling affiliates, this should have not been applied to previously sent players and only to new players going forward. I am going to try a CPA hybrid deal with VS for a few months but I am in serious doubt I will ever make money with this program. If things do not change in my income all links are being replaced with a program who I can actually make money with.
(I'm talking about at ALL casinos - not just Videoslots)