Forum

[LC LCA81 WANTED $24 Outlaw]

argyl53 wrote:

duc-blackjack wrote:

Slev82 wrote:

Think your head is in the Blue somewhere if u honestly Think he earns that much from other players losing.

You realize most casinos offer up to 40% commission on LIFETIME deposits, right?

If one person loses 10k in a month, which happens a lot when you have 5,000 affiliates, others will need 4k in profit to break-even, of course most players lose so he can easily make up to £50,000 or even more in a good month, alternatively it could be only £5,000 in a bad one.

Oh dear. Let’s dissect this.

First, very few casinos offer the kind of affiliate commission rates you’re claiming – I only know of one doing 40% and that’s Casumo, after you’ve referred a certain number of players (the early batches being on a lower percentage).

Next, you appear to be implying this means if a player loses £1000 on Casumo, the Bandit gets £400 in his bank account. No. Not even remotely close. It’s 40% on “net losses”, which means all sorts of fees have been deducted before Steve’s 40% is even calculated. There’s the game licence fees, the provider’s cut of the losses, the casino’s costs plus admin fees at a minimum. This means the reality is that from a £1k gross loss, an affiliate on 40% commission earns less than £100 as their cut.

Next, other casinos – some commission models combine all your referred players, so if one lucky sod out of 500 hits a £10k win, bam goes 100% of your affiliate earnings for that month, since your net commission (again after deducting costs before calculating) is now a negative figure.

Next, ineligible referrals. Loads of the players who sign up to a casino through your link will not make it past the particular requirements of deposits, wagering and retention for them to actually qualify as a successful referral for payment. Drop off can be as high as 50% here. Merely registering does not get the affiliate any pie.

Finally, most of Steve’s deals are CPA where he gets a set fee of about 30 to 50 quid for each player who signs up, deposits and wagers over a certain amount. This fee is a one-off.

Add to this the amount Steve wagers, loses and pays out in giveaways, tax, business and staff costs each month and I’d honestly be surprised if he’s left with a grand or two for himself from affiliate revenue by the end of a month.

So there’s no money in it? And all these streamers depositing everyday some of them, or depositing thousands at a time are using there own money? If the bandits one of the biggest and he’s not making anything how are the others doing it?

[LC LCA81 WANTED $24 Outlaw]

Kingpab wrote:

Tbh why should anyone care how much money he makes. Is it any difference to a man selling coffee at 3 quid a pop, he’s making money off us all. We pay the silly price tho as the coffee is nice.

Bandit makes money from ppl using his link and betting at a casino. He’s making money off us but it’s only because we do the silly gamberling thing. And ppl use the link because they enjoy the weekly video.

If he makes 100 grand a week, what can we do about it? Nothing it’s his business that’s become successful (well done). The money might come from punters but what business doesn’t get money this way?

New videos generate new sign ups. But most only sign up because they want to gamble and think, I help bandit out so I’ll use his link as it doesn’t cost anything to me.

I’d rather have someone like bandit have a share of my loses then some multi millionaire corporate shareholder with his fingers in many pies.

Fuck knows if I’ve made any sense. It makes sense in my head

It makes sense, ppl who are happy to use the links and understand that he makes money through you signing up and don’t have a problem it, it’s the people trying to play it down and make out there’s no money in affiliation, it’s a business and there is lots of money being made. The only possible downside is the moral dilemma of encouraging gambling and people losing money they can’t afford.

[LC LCA81 WANTED $24 Outlaw]

Seyahkram1977 wrote:

thunderball6 wrote:

LCA81 wrote:

Yeah I don’t think there’s any doubt the top streamers make a absolute fortune, it’s a business Designed to attract as many ppl as possible to sign up to links, I understand this and say good luck wish it was me! Ppl saying they don’t make much is utter rubbish tho, with the figures quoted they will easily cover all giveaways and losses on slots

Chipmunkz goes Starbucks every morning.  Must be making shit loads

Sometimes buys two …. just incase he drops one ……. loaded .. fucking minted he is

Yeah it’s not like he quit his job to do streams everyday because there’s pennies in it!

[LC LCA81 WANTED $24 Outlaw]

Yeah I don’t think there’s any doubt the top streamers make a absolute fortune, it’s a business Designed to attract as many ppl as possible to sign up to links, I understand this and say good luck wish it was me! Ppl saying they don’t make much is utter rubbish tho, with the figures quoted they will easily cover all giveaways and losses on slots

[LC LCA81 WANTED $24 Outlaw]

BJM86 wrote:

@ LCA81 & @theguy there are a lot of people here who know much more about that than I do who are better placed to comment on that. I think your numbers are VERY inflated however, if it was that easy every one on here would be doing the same.

If the kind of marketing I get involved with for my company is anything like representative 1-2% conversation rate is good, certainly not 10.

But as I say some of the guys here can offer much better insight into that than I can.

Nice to see some genuine replies for a change without the insults! Thanks!

 

Your right it is only guess work for the most part because the whole issue of money made from affiliates is so secretive, but I’ve heard from other sources that you can either take a percentage from a player who signs up for there life time or a one off payment

[LC LCA81 WANTED $24 Outlaw]

theguy wrote:

@BJM86 I’m not an expert, but quick google search says that casinos will pay $50-$250 per depositing player. That or revenue share program. Even if it’s only $50 then multiplying it with new sign-ups (~3k) is 150k profit. Not bad for 6k donation to charity.

This is exactly what I thought, if 10 percent of the people who entered the competition signed up to new casinos at £50 each, that’s £60,000 !

[LC LCA81 WANTED $24 Outlaw]

Zigg wrote:

hatman35 wrote:

Dont worry about it Mr Bandit…you did what you thought was best…

You keep repeating the word ‘Free’. Do you want to start charging for the YouTube videos? I don’t get it. I’m not going to moan about the draw being cancelled, but the whole idea of all these draws is to lure people to sign up through his links and gamble away their money which leads to affiliate commission.

 

Thanks.

I agree the whole point of making videos and having draws is to get as many people as possible to sign up to casinos and make money from it, let’s not pretend it’s not

[LC LCA81 WANTED $24 Outlaw]

Yeah I had one a few weeks ago but I’d used al my limit and it’s been rubbish 10-20% matches since

[LC LCA81 WANTED $24 Outlaw]

I’m on mobile and still can’t find it! Which is extremely frustrating when I have a problem

[LC LCA81 WANTED $24 Outlaw]

Little house on prairie, littlest hobo? Grizzly Adams, highway to heaven, woof, mr benn?, some old shows there mate not a question for the younger poster, I’m not that old and can just about remember seeing some of these on a Sunday mainly ?

[LC LCA81 WANTED $24 Outlaw]

I’ve been trying to play extra chilli and it won’t load, so this would explain it, I think this is probably a good idea

[LC LCA81 WANTED $24 Outlaw]

It was 6 months ago this happened with the Bonus, is there any chance of BTG doing anything?

[LC LCA81 WANTED $24 Outlaw]

Malkychamp wrote:

benq99 wrote:

was a kick in the dick 52k down

For some 2 years wages

This is exactly how I viewed it, I enjoy Steve’s videos and he does come across as a good guy, but 52k loss is hard to justify in any context, I lost £260 the other day and it killed me, and I understand the argument that it’s all relative to how much you can afford, but £52k loss can never be deemed as responsible in my eyes. My opinion is that the videos are entertaining enough without having to risk these types of figures

[LC LCA81 WANTED $24 Outlaw]

Is playing on 20p 1 line the equivalent of playing on £2 normally?

[LC LCA81 WANTED $24 Outlaw]

Got symbol removal + colossal wild on 50p paid £90 was quite happy cos was down to last £10!

[Author]

Posts