Parasino Affiliate Program Review

Parasino Affiliates represent Parasino casino and sportsbook.

Submit a complaint Terms Monitored Join Program

Earnings & Commisions

Brands

Associated Programs

Complaint History

Earning Information

Revenue Ladder = 25%

Affiliates should be aware of the following term:

“5.j) Applicants must provide at least 5 active players to become a qualified affiliate and to have the right to request a withdrawal. Any earnings accrued during this time will remain in the affiliate’s account until this rule has been met.”

Revenue Calculation Formula
Net Revenue = the total sum of the following three (3) components:

(i) on sports book activities, all gross monies received by us in respect of all settled bets made by New Depositors after deducting; (i) monies paid out to New Depositors as winnings; (ii) monies paid in the form of betting duties or taxes (or reasonable provisions in respect thereof) (iii) bad debts; (iv) fraud; (v) returned stakes; (vi) transactions which are reversed by instruction from the card-holder’s bank (commonly referred to as charge-backs); and (vii) voids and bet/deposit bonuses.

(ii) on New Activities, the gross monies received by us in respect, less prize monies (winning) paid out in connection with New Activities, such as on poker activity, the gross rake and buy-in fees less (i)licensing fees, (ii) poker chips bonus, (iii) charge-backs, (iv) bad debts and(v) fraud, (vi) rake back, (vii) cash back or on casino activities, the value of opening balance with the addition of funds transferred in less (i) funds transferred out (ii) closing balance (iii) credits made to users (iv) licensing fees (v) charge-backs (vi) bad debts and (vii) fraud.

(iii) Less arm’s length commission, license fees and/or similar paid out to Third Parties due to profit sharing arrangement, including but not only fees for the Technical platform, affiliates prizes and other similar cost.

CPA – Yes, but not defined.

Negative Carry Over – No, see below:

“6.j) In the calculation of Net Profit, when a New Depositor account results in a negative balance for the Affiliate, due to New Depositor winnings and/or bonuses, the said balance will be set to zero at the beginning of each month. No negative carry over will be taken into account from one month to another in the calculation of the Commission due to the Affiliate.”

Minimum Payment – $50.

Payment Date – Not defined.

Payment Methods – Moneybookers, Neteller or National or International WireTransfer.

Sub Affiliate Commission – 5%.

Terms and Conditions

Minimum Activity Quota – No.

High Roller Policy – None.

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

Are earnings from different products bundled – Yes.

Are earnings from different brands bundled – Not Applicable.

Tracking Cookies Duration – No information listed.

Tracking Cookies Overwritten – No information listed.

General Information

Verticals – Casino, Live Casino, Poker, Sportsbook

Contact Details

Country Restrictions for Players – Australia, South Africa, U.S. Minor Outlying Islands, U.S. Miscellaneous Pacific Islands, U.S. Virgin Islands, United Kingdom, United States

Country Restrictions for Affiliates – None

Languages Available for players – English, Russian

Regulators

Curacao

Software providers used – Elk Studios, iSoftBet, Leander, Microgaming, Net Entertainment, Pariplay, Playson, World Match

Program Reputation

Player Issues – Parasino have been consistently non-responsive to player complaints submitted to this service.

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

Affiliate Issues – We believe that the team behind Parasino Affiliates also run Gamebet Affiliates. The web design of both sites is identical, the terms used by both programs are identical and both affiliate programs list their ownership in their terms as Radon B.V. It should be noted that this other property has taken a similar non-responsive approach to player complaints submitted to this service.

Conclusion

Parasino’s failure to engage with any 3rd party dispute mediation services leads us to view them as a negative program for affiliates to promote. Failures in this area are never a good sign. Alongside this we have concerns about this operator’s Responsible Gambling procedures.

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