New internet casino / bookmaker with MGA license

[Brilliant]

I am looking for serious and ambitious candidates who are at least 18 years old to promote our website and build a team to work with.
Our company offers online gambling and sports betting.
A few days separate us from the MGA (Malta Gaming Authority) license and we should start working in about 4 weeks.
The working hours are flexible, you determine the pace of work yourself, as the work can also be done from home.
Training and registration are free.
All you need is a computer/laptop and a smartphone with an internet connection, a little good will and perseverance, which is enough to build a successful team.
We work according to the principle of profit sharing - REVENUE SHARE (in %) is paid out by the 10th of the month per performance.
I would urge anyone interested to visit this web address.
http://affiliate.betworld247.com
I look forward to seeing you, because only together can we be successful and form a successful TEAM.

[playtime slotti]

Hello Brili,

Are you now looking for employees for your project or just for partners who advertise for your project as affiliates?

Since I suspect the latter, there is already a lot to say about it. Betworld247 is full of similar queries and entries in Google.



Affiliate website is only in English (one could just about accept it)
No indication of which backend program you use (internal or external)
No indication of the general terms and conditions (what you see there as a PDF document is only an agreement between partners)
No indication whether negative carry or not (therefore one must assume negative carry)
"Accomplish partnership and gain some of the highest commission rates in the industry." - This is supposed to be a joke to say that it's supposed to be the highest percentage in the industry - 20/30/40 - And what do Affiliate Junior, Affiliate Senior and Affiliate Manager mean in this context?
Betworld247 Affiliate Program has the right to delay payments to the Affiliates for the period up to 2 months in the case of unforeseen technical failures on the part of the Affiliate Program and when required to check the Affiliate and the source of his traffic. - This means that you could refer to this clause every time!
We offer several payment options : VISA, Maestro, mastercard, Skrill, NETELLER, Paysafe, SOFORTÜBERWEISSUNG. - With paysafe or immediately (Klarna) you can pay out badly!


For me there are therefore some open questions that should be answered. Because the current impression is already opaque and does not correspond to a necessary transparency. The most likely negative carry alone would be a major obstacle.

[Brilliant]

Hello Playtime Slotti,

We are only looking for partners who advertise our project as affiliates.




Affiliate website is in English only (just about acceptable) - more languages ​​will be available once our website is live.
No indication which backend program you use (internal or external) - Our internal backend program is called Betworld Backoffice https://backoffice.betworld247.com
No indication of the general terms and conditions (what you see as a PDF document is just an agreement between partners) - We haven't started working yet, the site is in the final phase, everything will be finalized and added before launch gt.
No indication whether negative carry or not (therefore one must assume negative carry) - please explain to me what that is!

"Accomplish partnership and gain some of the highest commission rates in the industry." - Our new employees who already have experience with online marketing also start with 30% rev share like Bet365 and many other websites. We are on the free market, everyone specifies their possible conditions for cooperation. We work in a completely different way than other websites and their affiliate/partner programs. Unlike most others who only have internet marketing we also have direct marketing. Affiliate Junior, Affiliate Senior and Affiliate Manager are just names we use for our affiliates, depending on their position and their average income.
Betworld247 Affiliate Program has the right to delay payments to the Affiliates for the period up to 2 months in the case of unforeseen technical failures on the part of the Affiliate Program and when required to check the Affiliate and the source of its traffic. - We still need to update the affiliate page and change the questionnaires according to the rule expected by the MGA. This will all be stated in the affiliate/partner terms and conditions once our website goes live.


I wrote that we have not launched online yet, we will go LIVE only after receiving the MGA license. Before we go online, the website and the partner website will continue to be updated and improved. If you have any further questions, just write!

Kind regards
Brilliant

[playtime slotti]

Hello Brili,

Some questions have been answered, but I'm still a little puzzled by some.



Our new hires who already have online marketing experience also start with us with 30% Rev Share like Bet365 and many other websites. We are on the free market, everyone indicates their possible terms of cooperation. We have a completely different way of working than other websites and their affiliate/affiliate programs. Unlike most others who only do internet marketing, we also do direct marketing. Affiliate Junior, Affiliate Senior and Affiliate Manager are just names we use for our affiliates, depending on their position % and average income.


So that would mean that we would be ranked as senior partners (based on our experience) or solely dependent on average income?



No indication whether negative carry or not (therefore one must assume negative carry) - please explain to me what that is!


There is no negative carryover if the negative balance is NOT carried over to the next month.

The negative profit balance for affiliates will be reset to zero on the 1st of each consecutive month.

Negative carry-over means that negative earnings (from customer wins) are carried over to the next month and offset against future positive earnings.



I wrote that we haven't started online yet, we will go LIVE only after receiving the MGA license. Before we go online, the website and the partner website will continue to be updated and improved.


It looks like the website is already online with the MGA license and you can also register.

I'm really looking forward to the further conditions. And to get straight to the point, the terms should not contain a negative carry nor should it contain an inactivity clause (minimum number of customers), because that would be an absolute exclusion criterion.

[Brilliant]

Hello Playtime Slotti,

So that would mean that we would be ranked as senior partners (based on our experience) or solely dependent on average income?


● Yes, that's right, Senior Partners can be those who are already experienced and have their own website or established marketing business that attracts many users due to its casino or sports themes. (That means they have the opportunity to generate more user traffic).
● However, Senior Partners cannot register themselves for this position, this is done by our General Partner Manager.
● Anyone who wants to join our affiliate program can register through our affiliate program at this address:affiliate(DOT)betworld247(DOT)com but only in the position of JUNIOR affiliate 20%.


No indication whether negative carry or not (therefore one must assume negative carry.


● We reset the negative profit balance for affiliates to zero on the 1st of each consecutive month.


It looks like the website is already online with the MGA license and you can also register.


● Our website states that we are still under construction.
● We added the MGA license logo in the footer because we are just waiting for the confirmation from MALTA (MGA) to finally go live with the website..
● This is all still running on the test server so we can test the system to see if everything is working fine.


I'm really looking forward to the further conditions. And to get straight to the point, the terms should not contain a negative carry nor should it contain an inactivity clause (minimum number of customers), because that would be an absolute exclusion criterion.


● With us, everything complies with the laws of the MGA license.

[playtime slotti]

Hello Brili,

Thank you for the replies. The point whether negative transmission or not has thus been clarified :pro:

But I would also do that on your partner site under "Why we?" and under FAQ because that is a positive reason.

Unfortunately, the point of inactivity was not answered. However, I found the following from you.
I didn't even list "Manager 40%".



B - Recommended minimum requirement

All Betworld247 JUNIOR partners must have at least 10 active players within the three months of joining the program. Should a JUNIOR affiliate fail to meet this requirement, their affiliate account may be closed, but you will have the option to open a new affiliate account.

- JUNIOR 20% - Partner must have 10 active players.
- SENIOR 30% - Partner must have at least 10 Junior Partners.
: contra:

So I don't get it at all. A large partner may be able to meet these requirements, but the many smaller or medium-sized partners certainly cannot. If I were you, I would urgently reconsider that. Because that is a criterion that most people don't like and therefore wouldn't register.

But that is entirely up to you whether you want to be a recommendable affiliate program or rather a program that affiliates avoid due to unfulfillable or unfriendly conditions. There are enough programs that are classified as not recommended on relevant platforms precisely because of such conditions.

As I said, this is just advice. You have to decide that, but you should also be aware that if you make the wrong decision right at the beginning, there will also be consequences. There will always be a few who register anyway. But to be honest, I find the division and commission structure for the partners to be absolutely ridiculous and unworthy. That's actually a slap in the face to potential partners.

Because to get 30%, you have to have 100 active customers. That would not only be bold but also dishonest and unacceptable in my eyes. If you spelled that wrong, you have to correct it, otherwise I understand it exactly as I wrote it.

[playtime spielo]

I have to add something, there will be hardly any partners who will agree to a 20% deal. Nowadays, all fees and costs are passed on to the affiliate partners, which means that about 30-50% of the costs are deducted from the players' deposits before net gaming even occurs. In short, 20% partner earnings are a real 7 - 10% that remain or, to put it more understandably, your partners get a 100 - 7 euro share of 10 euros with a 20% deal!