Double deals for Colossus
UK-based online sports betting company Colossus Bets has launched a new affiliate programme in partnership with Income Access, a provider of technology and affiliate management solutions for the iGaming industry, and has also struck a deal with payment processing company WorldPay.
Powered by Income Access’ software and managed by the company’s affiliate managers, Colossus Bets’ affiliate programme covers a range of sports-pool options, including ‘the Colossus’, which offers players a guaranteed £10 million (€11.7 million/$15.6 million) pool per week.
The affiliate programme offers a revenue share commission structure, with affiliates earning 5% of the turnover of every bet placed by a referred player for the first five years of the player’s activity, and 2% of all cash-in volumes as well as 2% of all player wins.
After five years of a player’s activity affiliates are paid 3% of turnover from every bet, while earnings from cash-in volumes and player wins remain at 2%.
“The brand’s lottery-sized prizes and flexible cash-in options provide affiliates with access to a betting product which is truly ground-breaking and unlike anything currently available,” Colossus Bets founder and chief executive officer Bernard Marantelli said.
Meanwhile WorldPay has been selected by Colossus Bets for end-to-end payment services including payment processing, acquiring, alternative payments and risk management.
Colossus Bets will be using the High Capacity Gateway, which processes up to 200 simultaneous transactions per second.