Lucky Bet Affiliates Program Review

Lucky Bet Affiliates represent Lucky Bet casino and sportsbook.

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Earnings & Commisions

Brands

Associated Programs

Complaint History

Earning Information

Revenue Ladder = 30%

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.

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 – Within the first 10 business days of the subsequent month.

Payment Methods – Bank Transfer, Neteller, Skrill

Sub Affiliate Commission – 5%.

Terms and Conditions

Minimum Activity Quota – Yes, see below:

“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.”

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 – No.

Are earnings from different brands bundled – No.

Tracking Cookies Duration – No information listed.

Tracking Cookies Overwritten – No information listed.

General Information

Verticals – Casino, Live Casino, Sportsbook

Contact Details

Country Restrictions for Players – Australia, South Africa, Sweden, 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, French, Portuguese, Russian, Spanish, Turkish

Regulators

Curacao

Software providers used – 1x2Gaming, Betsoft, Elk Studios, iSoftBet, Net Entertainment, Pragmatic Play, Red Tiger, Tom Horn, Wazdan

Program Reputation

Player Issues – We are not aware of any unresolved player issues with the Lucky Bet casino though they are associated – via their affiliate program – with Radon B.V. which operators several sites that have been non-cooperative in the management of player complaints.

Lucky Bet carry several player terms we would consider to be predatory in nature.

Affiliate Issues – We are not aware of any unresolved affiliate issues with Lucky Bet Affiliates.

Conclusion

Lucky Bet Affiliates terms are broadly speaking reasonable. Their Minimum Activity Quota will be quickly overcome for any affiliate of a reasonable size. Affiliates need to make their own decisions regarding whether they are prepared to work with an operator carrying the predatory player terms Lucky Bet carries.

This affiliate program is recommended