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Commission Plan

Commission Plan

188BET will pay the Affiliate a percentage of the combined month Net Winnings for Sportsbook and Casino play generated as a result of a direct referral by the Affiliate, Net winning is: Company Sportsbook and Casino gross profits from bets made from customers’ losses deduct monies paid out to Customers as fraud, charge-backs, banking Fees,platform Fees,bonuses and other incentives offered to the Customer. Referral’s fees and commissions are based upon our good faith calculation based on our statistics and tracking methods.

Commission Rate chart (188BET interpretation basis as final and binding)

Active customers Net Win/Loss Commission Rate
SGD 0-10000 28%
>=5 SGD 10001-100000 38%
SGD 100000+ 48%

Here is a simple formula which explains how your commissions are calculated:

Sportsbook+Casino Gain

- Player Bonuses

- Charge Backs

- Referral Banking Fees

- Platform Fees

------------------------------

Net Gain

x % Commission Rate

------------------------------

Your Earnings


Note: If Active Customers less than 5, commission won’t be calculated; if there are negative for a particular month, that negative balance will be carried over to the succeeding months until new activity results in positive net winnings.


Example 1: If Company Net Win is SGD20,000, active customers<5, No commission;

Example 2: If Company Net Win is SGD5000, active customers>=5, Commission=5000 x 28%

Example 3: If Company Net Win is SGD20,000, active customers>=5, Commission=10000 x 28% + (20000-10000)x38%

Example 4: If Company Net Win is SGD110,000, active customers>=5, Commission=10000 x 28% + 90000x38% + (110000-100000)x48%

188BET is owned by Cube Limited. Clinch's House, Lord Street, Douglas, Isle of Man IM1 1JD
Regulated & Licensed (31/08/2012) by Isle of Man, British Isles
Copyright © 2012 188BET
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