Questions for agents

Search

New member
Joined
Sep 21, 2004
Messages
291
Tokens
I am sure some of you are agents for various locals/books. I'd like to know what is a standard percentage that you get back from NET losses for being an agent. Do any of you get a percentage of the total action vs percentage from net losses? Thanks.
 

New member
Joined
Sep 21, 2004
Messages
49
Tokens
Not in here...

[This message was edited by Uncle Butternutts on June 18, 2003 at 11:34 AM.]
 

New member
Joined
Sep 21, 2004
Messages
291
Tokens
Wow...50%! I thought I was getting a great deal at 25%. Do any agents here get paid a % of the action? Someone told me thats what he used to get; so I was wondering if it's a common practice.....
 

New member
Joined
Sep 21, 2004
Messages
883
Tokens
Each program is different, but you generally earn 20 - 50% of the profits off that player for life! The average profit on a single player is $64.00 per month, so the revenue Casino Affiliate Programs generate can be staggering. Since you earn money on each player for life you are building a monthly income that can quickly add up to thousands of dollars each month per program.

-Sign up for FREE and you will be able to make $50, 15% of initial deposit or up to 30% of the net revenue of players you refer into the sportsbook. Just add our sportsbook banners to your website and start making money now!

-• Wager Wages affiliates earn up to 35% of the net revenue generated by customers they refer to our casinos. We start all affiliates at 30%, which is 5% more than most other casino affiliate programs. We also make it easier for you to earn more by referring more. Here is a breakdown of the Wager Wages commission structure:

30% $0 - $25,000
35% $25,001 +
There are no hidden charges, fees or holdback amounts.
 

New member
Joined
Sep 21, 2004
Messages
291
Tokens
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Angelle:
25%???
that is low IMO<HR></BLOCKQUOTE>

Is 25% really low for credit players?
 

ODU GURU
Joined
Feb 26, 1999
Messages
20,881
Tokens
The best agents make 50% off the player's losses with a makeup, of course...

I will bow down to Buzzsaw for a change on this topic if he'd like to shed more light on it?
icon_wink.gif
 

New member
Joined
Sep 21, 2004
Messages
896
Tokens
I don't have time to write it out. But in a nutshell. Top agents get half sheets with a red. Some guys get a volume deal between .5 and 1 percnt of total volume. Everyone else gets in between this. It also depends on the relationship you have with who you are dealing with. Also remember as an agent you are 100 percent ressponible for your players. So you are responsible for slow pays and laydowns.
 

New member
Joined
Sep 21, 2004
Messages
38
Tokens
25% credit players used to be the norm.
Nowdays a really good producer can, and does make 50 but they are few and far in between.
33.3% seems to be the going rate, if package is big enough. Naturally make up!!!
 

Doin' the life thing...
Joined
Aug 20, 2001
Messages
3,878
Tokens
Hey Stalled:

How the fvck have you been, brother? Long time no read. Good to see you around.
 

New member
Joined
Sep 21, 2004
Messages
618
Tokens
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Grantt:
Each program is different, but you generally earn 20 - 50% of the profits off that player for life! The average profit on a single player is $64.00 per month, so the revenue Casino Affiliate Programs generate can be staggering. Since you earn money on each player for life you are building a monthly income that can quickly add up to thousands of dollars each month per program.

-Sign up for FREE and you will be able to make $50, 15% of initial deposit or up to 30% of the net revenue of players you refer into the sportsbook. Just add our sportsbook banners to your website and start making money now!

-• Wager Wages affiliates earn up to 35% of the net revenue generated by customers they refer to our casinos. We start all affiliates at 30%, which is 5% more than most other casino affiliate programs. We also make it easier for you to earn more by referring more. Here is a breakdown of the Wager Wages commission structure:

30% $0 - $25,000
35% $25,001 +
There are no hidden charges, fees or holdback amounts.<HR></BLOCKQUOTE>

Don't even think about it.
 

New member
Joined
Sep 21, 2004
Messages
618
Tokens
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by VG789:
ehm,whats the "make up"?
icon_confused.gif
<HR></BLOCKQUOTE>

make up is a payemtn system between an agent and a book.

If a package (group of players) has a winning week, the total that the agent owes to the book is reduced by that amount. At the same time a "make-up" figure is now in play and the agent will no receive any more credit when players lose until the players lose more or equal to the "make-up" figure.

I hope this helps.
icon_eek.gif
 

New member
Joined
Sep 21, 2004
Messages
159
Tokens
im looking for a place called mil odds to stick in a few players for football, anyone have a link?

Perv
 

She might have fooled me, but she didn't fool my m
Joined
Sep 20, 2004
Messages
2,001
Tokens
Split (Dutch): The Agent Shares with his reporting agent in the wins and looses of the bettor and Agents below him. The Agent’s Percentage indicates the Agent’s share of the wins and looses that are passed up from bettors and subordinates Agents. Te Wins and looses that are passed up to the Agent, less the Agent’s Commission, are passed up to the Agent’s senior Agents.

Red Figure: The Agent shares with his reporting agent in the losses of the Bettors and Agents below him. However, he is not responsible for the winnings. When the Bettor’s and subordinate Agent win, the Amount of the win is tracked and the Agent does not earn commission until future looses exceed wins. The amount of wins that must be overcome by looses is called the Agent’s Makeup Figure (or Red Figure) In the long run , the amount of commission paid to a Red Figure agent and a Dutch agent is the same. The difference is just that a Red Figure agent doesn’t go out-of-pocket of the Bettor wins in the short run.

Reverse Red Figure: This commission Type is very similar to Red Line. The difference is that in this case , it is the Agent who is responsible for the Bettor wins. The Reporting agent shares in looses. When there are net wins, the Agent is responsible for the entire amount and the reporting agent does not earn commission again until the wins have been “made up” by looses.

Profit: A profit agent is similar to a Red Figure Agent. He shares is losses with his reporting agent, but does not share responsibility for wins. The difference is that a Profit Agent does not have a Makeup Figure and earns commission again the next time there are losses of any amount.


a good pct is between 25% - 35 %
 

Ha-Sheesh
Joined
Sep 20, 2004
Messages
2,494
Tokens
50% it's a lie...
you guys need to understand, that the bookmaker needs at least 17% (34/2) to cover the expenses...

telephony, marketting, employees, etc. are on those 17%. that will give you 33%.

like some realistics guys posted in here,, 25% to 35% is a good percentage.

depending on your partner/book maker,,,
you can agree to take 25% only on referrals, and you don't worry about to setup your office and pay comissions on sales... from 25% to 35% you have to worry about comissions, and office space rental... etc.


Real Slim, don't worry, you're getting a REAL, good percentage, giving less than 25% are greedy ppl, and giving more than 35% are unrealistic scammers.
 

New member
Joined
Jul 21, 2004
Messages
328
Tokens
A 50% sheet is a myth, bullshit. Show me ONE major agent who's on a 50% sheet without someone cooking the books.

UT
 

New member
Joined
Sep 21, 2004
Messages
896
Tokens
Uber tout, what are you smoking and what are you talking about. Plenty of half sheets around. What some of you don't understand and what some books seem to forget."The players on the sheet are the agents players, not the books" You don't want to give a half sheet fine, but if you have a group of squares and your a solid agent, believe me books are drooling to give you a half sheet.

Cooking the books? What are you taling about?
 

New member
Joined
Sep 21, 2004
Messages
896
Tokens
One more thing. Half sheets were the norm beofre offshore. Sure maybe"new" agents can't get half sheets, but you can bet your bottom dollar that if you were with the book before they went offshore your half sheet is grandfathered in.
 

Forum statistics

Threads
1,119,916
Messages
13,575,187
Members
100,883
Latest member
iniesta2025
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com