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Net profit is defined as:. Real Player Value is based in part on rake and fee in accordance with our FAQ section for poker, and in part on the net deposits of customers onto poker tables.
This ensures affiliates are rewarded for bringing recreational poker players who contribute positively to the poker liquidity and ecology. We retain the right to change the Referral Commission percentage and method of calculation of Referral Commission as we wish in accordance with clause 1.
Affiliates are eligible for payment on the balance of their Sports, Casino, Poker, Games or Bingo earnings. Negative commission balances in either Sports, Casino, Poker, Games or Bingo will be deducted from available commissions.
Your betaffiliate account must have a minimum of 5 active referred Customers before you will be eligible for Referral Commission payment.
Subject to clause 6, you are entitled to one payout per month, providing you have fulfilled the above Customer requirement at the end of the preceding month.
You agree that a self-billing procedure is in place between you and bet in respect of payment of Referral Commissions.
Under the self-billing procedure, if you wish to request payment of any Referral Commission you must make the payment request via your account on the bet affiliate system following which we will raise a VAT invoice showing all required particulars for the applicable Referral Commission on your behalf, which you agree to accept.
Payment of any invoice will be made in accordance with and subject to the terms set out below. You agree not to raise any VAT invoice in respect of your affiliate services.
You agree to notify us if you make any changes to the ownership of your business or your VAT registration.
This self-billing procedure will remain in place for the term of this Agreement. Likewise, if you contract with Hillside Sports GP Limited, it is understood that your services are outside the scope of VAT and no VAT is chargeable.
The minimum payout request for earned Referral Commission per month depends upon the currency denomination of your affiliate account as shown below.
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Please note that if you are an affiliate resident in the US, Italy or Mexico then option i above will not be available to you.
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The term of this Agreement will begin when you are approved as an affiliate and will be continuous unless and until either party notifies the other in writing that it wishes to terminate the Agreement, in which case this Agreement will be terminated immediately.
Termination is at will, with or without reason, by either party. For purposes of notification of termination, delivery via e-mail is considered a written and immediate form of notification.
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