40% commission with only 5 active members – W88 is one of the bookies with the highest commission today. However, before the commission is settled, there will be a number of fees that the Affiliate needs to pay. In this article, let’s find out what these fees are and how they are calculated!
Expenses at W88 will be calculated and divided into 3 main categories:
- Payment cost:
This fee includes fees when downline members make Deposits/withdrawals. For example: When a customer makes a withdrawal and has a transfer fee of 10 thousand VND -> The payment cost will be 10 thousand VND. This fee will depend on different deposit methods. If sending through a local bank, the fee will not be large because the fee to pay to the bank for 1 transaction is only from 2k to 30k. However, there are some high-fee deposit methods such as Quick Pay, if a member sends a lot of money through this method, the payment fee can be up to tens of millions a month if that customer sends a lot of money!
Agents can check the specific amount of this fee by going to Reports -> select REPORT SENDING / WITHDRAWAL FEES.
- Refunds, Promotions and other programs:
At W88, there are many attractive promotions, attracting old and new members such as 100% first deposit bonus, 10% reload bonus or refund based on total betting revenue at sports, casino, slots… And the Agent will also need to pay some fees when downline members participate in the above promotions. It sounds like a disadvantage, but these promotions contribute to attracting new members to register or retaining old members to continue playing at W88.
Agents can check the specific amount of this promotion received by the customer by going to Reports -> selecting REPORT SENDING / WITHDRAWAL FEES.
Undisputed – W88 is currently one of the best bookies in Vietnam in particular and Asia in general. With 10 years of development, W88 has been a brand, a “label” to attract, ensure all members play “green ripe” about credibility, transparency in the process of joining and depositing/withdrawing. . This also makes it easier for Agents to find downline members. Asking someone to open an account to play at W88 will be more convenient than telling them to register to play at a “strange” website, right?
With the Affiliate, W88 will collect a fee called “royalty fee”, and of course, the Dealer can take advantage of ALL W88 information such as promotional images, promotional information, products… at W88 during advertising to attract members. This fee will be fixed at 10% of the company’s profit that the Agent brings in every month. For example: The company profit is 19,260 USD, then the royalty fee will be 1,926 USD. If the company profit is 1000 USD then the royalty fee will be 100 USD. In particular, if the Dealer is not lucky in the month and does not make a profit (the company’s profit is negative or equal to 0) then the Dealer will not have to pay royalties!
So how to calculate the commission at the W88 house?
- The commission for W88 when playing: Sports, casino, slot… will be calculated according to the following formula:
(Revenue PROFIT – DEPOSIT AND WITHDRAWAL COSTS – PROMOTION CHARGES – Royalty COST) X 40%
- Rake Profit at P2P
Is a small % (about 3%) of each customer’s winning game deducted when playing at P2p. Commission will be calculated as: RAKE X 40%
- Profit for customers playing at shooting fish is 20%: PROFIT OF FISH X 20%
- PROFIT AT SPORTS, CASINO, SLOT
a, Profit 1000 USD
b, deposit and withdrawal cost (USD): 80
c, Promotional money taken by customers (USD): 20
d, Royalty cost 10% (a * 10%) = 1000 * 10% = 100
-> Commissions at sports, casino, slots = (a- b – c – d) * 40% = (1000 – 80 – 20 – 100) * 40% + = 320 USD
- P2P RAKE IS 20 USD
-> Commission: 20 X 40%= 8 USD
- FISH PROFIT IS 100 USD
->Commission: 100 X 20% = 20 USD
TOTAL COMMISSION: 320 + 8+ 20 = 348 USD
TOTAL COMMISSION = (REVENUE– DEPOSIT AND WITHDRAWAL COSTS – CUSTOMER PROMOTION – ROYALTY) X 40% +( RAKE X 40%) + (FISH PROFIT X 20%)