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  1. #1
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    Default Be aware - Pinnacle Sports charges unreal banking fees

    Pinnacle is one of the best sportsbooks but one of the worst affiliate programs IMO.
    They claim that there are $50 banking fees when someone deposit via bank wire and the affiliates have to pay 30% ($15) furthermore they claim that there are 3%-4% banking fees on the other payment methods and the affiliates also have to pay 30% i.e. 0.9%-1.2% on every customer's deposit or withdrawal.
    Currently I'm on Hot-Cold commission plan and my earnings are always near zero.
    I have calculated that if I earn $300 and Pinnacle earn $700, according to Pinnacle there will be $680 banking fees and I will have to pay $204 and Pinnacle will have to pay $476 for banking fees! It's 68%!
    Either their Hot-Cold commission plan isn't real and is in their favor or their banking fees are not real.
    I have contacted many affiliate managers and most of them told me that customer transaction fees don't affect the commission.

  2. #2
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    Currently 78.31% of my earnings goes to banking fees!

  3. #3
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    "there are 3%-4% banking fees on the other payment methods"
    That's a fact, sorry.
    Slotspielen.com - German slot site
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  4. #4
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    Quote Originally Posted by Mr-AJ View Post
    "there are 3%-4% banking fees on the other payment methods"
    That's a fact, sorry.
    This is the core of the problem

    These banking fees are totally unreal. Pinnacle operates with very low margins (2%-3%) and with 3%-4% banking fees Pinnacle will go bankrupt.

  5. #5
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    Quote Originally Posted by TheBoy View Post
    This is the core of the problem

    These banking fees are totally unreal. Pinnacle operates with very low margins (2%-3%) and with 3%-4% banking fees Pinnacle will go bankrupt.
    Not if the money was churned a few times. You are assuming a player deposits and loses the entire deposit on their first bet.

  6. #6
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