Wager-Based Commission

Commission calculated as a share of referred players' total wagering turnover rather than of net revenue.

Wager-based deals pay on volume staked — e.g. 0.5–1% of turnover — regardless of whether players win or lose. Common in poker (rake share), exchanges, and some crypto casinos.

The variance trade

Turnover deals strip out the operator’s game-margin variance: no negative months, no high-roller wipeouts, perfectly predictable affiliate earnings per unit of play. The rate is correspondingly small, and operators price it off their expected hold. Affiliates with sharp, high-volume audiences (sports traders, table-game grinders) often earn more on turnover terms than on NGR — which is exactly why operators restrict who gets offered them.