Carat Partners Affiliate Program Review

Carat Partners represent Carat casino, bingo and lottery.

Submit a complaint Terms Monitored Join Program

Earnings & Commisions

Brands

Complaint History

[COMPLAINT HISTORY]

Earning Information

Revenue Calculation Formula

Net Revenue = the monthly Gross Revenue less costs, which includes but is not limited to: taxes, betting duties, third party commissions/fees for providing games and game software etc, financial transaction fees, bonuses, “loyalty rewards”, cashbacks and charge backs.

CPA – Not Available.

Negative Carry Over – Yes. Negative balances will be carried forward and offset against future earnings.

Minimum Payment – €100.

Payment Date – Within the first 25 days of the month.

Payment Methods – Not defined.

Sub Affiliate Commission – None.

Terms and Conditions

Minimum Activity Quota – No.

High Roller Policy – Yes, see below:

“6.15 In any given month, if a referred customer generates a negative Net Revenue of €7 000 or more at any time (in which case, the customer shall be referred to as a “Big winner”), and your aggregated Net Revenue in that month for all Customers is negative €2 000 or more, then the negative Net Revenue generated by the Big Winner will be carried forward and offset against future Net Revenue generated by that BCig Winner until the negative balance for that Customer reaches zero.

6.15.1 The Big Winner balance carried forward is not set off against other Customers’ Net Revenue, only the Net Revenue generated by the Big Winner.

6.15.2 The Big Winner balance carried forward will not be greater than the total aggregate negative Net Revenue generated by your referred Customers during that month.

6.15.3 If more than one Big Winner is designated during the same calendar month, the aggregate negative balance carried forward will be split proportionally between them.

6.15.4 The Big Winner balance of a Big Winner will be reduced by future positive Net Revenue that the Big Winner generates in subsequent months. The Big Winner balance will not be increased by future negative Net Revenue unless the Big Winner meets the qualifying criteria to be classified as a Big Winner during the applicable month.”

How long does player revenue last? – Revenue for referred players is paid for the lifetime of the player’s activity.

Affiliates should be aware of the following term:

“12. CLOSURE OF A MARKET
The Agreement shall be considered as automatically terminated if Carat has to re-enter a market with a different platform / URL extension, and cannot migrate its existing database of customers.”

Are earnings from different products bundled – Yes.

Are earnings from different brands bundled – Yes.

Tracking Cookies Duration – No information listed.

Tracking Cookies Overwritten – No information listed.

General Information

Verticals – Bingo, Casino, Lottery

Contact Details

Email – affiliates@caratpartners.com

Country Restrictions for Players – Spain, Australia, Philippines, Turkey, Hong Kong, The United States of America and other U.S. territories, Afghanistan, Ethiopia, Iran, Iraq, Jordan, Kuwait, Pakistan, Syria, Yemen, Estonia, Italy, Denmark and France

Country Restrictions for Affiliates – None

Languages Available for players – English

Regulators

Curacao

Software providers used – Net Entertainment

Program Reputation

Player Issues – Carat themselves do not have any notable player issues that we’re aware of. However they do run on WL Services, a white label provider. This provider has previously allowed their licensees to close without paying players. As such we view any operator running on their platform to be high risk to player funds.

For references see – http://thepogg.com/appendix-casino-reviews/#WL_Services_NV_Group.

Affiliate Issues – We are aware of no unresolved affiliate issues at any major affiliate portals.

Conclusion

If running on a white label provider that had let players bear the brunt for its operators failure wasn’t enough to give us second thoughts about promoting the Carat Partners brands, there are certainly a few terms in their affiliate contract that would put us off:

• Negative Carryover policies – if your players have a win large enough to create a significant negative balance for you, this creates a situation where you no longer have any incentive to carry on marketing the program’s brands. This leads to a short-term mind set to working relationship between the affiliate and the program.

• A commission ladder that starts lower and ends lower than other brands on the market.

• A term allowing the operator to cancel their responsibilities to their affiliates if they have to “re-enter” a market.

None of the above is so serious that we would go as far as actively discouraging affiliates from working with Carat Partners, but we wouldn’t recommend working with them either.

This program is not recommended but listed in our needs work category