VBet Affiliate Program Review

VBet Affiliates run VBet, a casino and sportsbook with UK, MGA and Curacao licenses in different territories.

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Earnings & Commisions

Brands

Complaint History

Earning Information

Revenue Ladder = up to 35%

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 and administration fees. (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 – Not Available.

Negative Carry Over – No, see below:

“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 – $100.

Payment Date – Within the first 15 days of the month.

Payment Methods – Bank Transfer, Neteller, Skrill (MoneyBookers)

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 – Not Applicable.

Are earnings from different brands bundled – Not Applicable.

Tracking Cookies Duration – No information listed.

Tracking Cookies Overwritten – No information listed.

General Information

Verticals – Casino, Sportsbook

Contact Details

Email – affiliates@VBet.com

Country Restrictions for Players – Afghanistan, Antigua and Barbuda, Australia, Belgium, Bulgaria, Cayman Islands, Cuba, Cyprus, Czech Republic, Denmark, Faroe Islands, French Guiana, French Polynesia, French Southern Territories, French Southern and Antarctic Territories, Hong Kong SAR China, Hungary, Iran, Iraq, Israel, Italy, Japan, Libya, Macau SAR China, Netherlands, Netherlands Antilles, North Korea, Philippines, Poland, Portugal, Russia, Saudi Arabia, Serbia, Singapore, South Africa, Spain, Sudan, Syria, Turkey, U.S. Minor Outlying Islands, U.S. Miscellaneous Pacific Islands, U.S. Virgin Islands, Uganda, United States, Vatican City, Yemen

Country Restrictions for Affiliates – None

Languages Available for players – English, German

Regulators

Curacao

Malta Gaming Authority

United Kingdom Gambling Commission

Software providers used – Elk Studios, Net Entertainment, Play n Go, Playson, Playtech, Pragmatic Play, Red Tiger, Wazdan

Program Reputation

Player Issues – VBet have breached their own published responsible gambling policies to reopen a self-excluded account then when confronted about this issue, refused to rectify the problem citing that their regulator “allows us to show flexibility in cases similar to this”. This effectively means that there is zero protection for any gambling addict playing under VBet’s Curacao license.

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

Conclusion

In our opinion the actions of VBet in the responsible gambling case we reviewed were absolutely morally bankrupt. We simply cannot recommend any affiliate get into bed with an organisation that is prepared to exploit vulnerable players in this manner.

This affiliate program is recommended