
The operator was banned by Sweden's Spelinspektionen (2025) and warned by Australia's ACMA (2024) for marketing to those markets without a local licence via affiliates and influencers — ongoing geoblock/domain-seizure risk that can wipe out referred player bases. It rotates short-lived brands and closes them abruptly (e.g. Reel Crypto, Mar 2025), depreciating affiliate player LTV. Corporate structure is split (casino Simba NV in Curaçao, affiliate Igloo Ventures SRL in Costa Rica), so disputes fall under Costa Rican jurisdiction. Bank-wire-only payouts (no crypto despite crypto casinos), €250 minimum, no S2S, daily stats only, gated T&C.
Editorial
High-risk. PuppyBet (Simba NV/Igloo Ventures): flat 30% RevShare/€100 CPA on crypto casinos, but Sweden ban + ACMA warning for unlicensed targeting, brand rotation (Reel Crypto killed), wire-only €250 min, no S2S. Grade C — experienced only, Provisional.
House Grade
Low
~30%
€100
Monthly
No
Yes
Low
~30%
€100
Monthly
S2S No / API Yes
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PuppyBet represents a high-conversion opportunity for organic search engine optimization (SEO) publishers and direct social community referrers capable of driving traffic from permitted markets like Canada. However, due to its lack of S2S webhooks, daily data aggregation, and structural regulatory instability, it is poorly suited for scale-oriented programmatic media buyers or paid marketers needing real-time data synchronization. Choose this program if your audience aligns with their low-friction crypto casino ecosystem and you are comfortable directly negotiating effective commission structures due to their gated public terms.
Launched in May 2025, PuppyBet is a stylized, animal-themed hybrid online gambling platform that integrates a comprehensive digital casino with a high-throughput sports betting engine. The consumer-facing platform is owned and operated by Simba NV under a Curaçao Gaming Control Board license, while its corresponding affiliate vehicle, Halo Partners, is managed under the corporate banner of Igloo Ventures SRL out of San José, Costa Rica. This dual structure supports a low-friction onboarding model with an optimized registration flow taking under 30 seconds, VPN compatibility, and no mandatory KYC for standard digital asset transactions.
The platform powers an expansive library of over 10,000 titles, including 4,000+ slots from major developers, alongside free live streaming of sporting events to encourage active wagering. However, its aggressive growth tactics have led to severe international regulatory friction, including immediate bans from the Swedish Gambling Authority (Spelinspektionen) and formal warnings from the Australian Communications and Media Authority (ACMA). Furthermore, the parent operator exhibits a pattern of compressed brand lifecycles and sudden closures, which poses a clear threat to long-term residual income models.
Commission Type
RevShare, CPA, Sub-affiliate
Commission Details
CPA from 100 EUR, RevShare 30 - 50%, Hybrid from 30% + 50 EUR
Payout Frequency
Monthly
Min Payout
250 EUR
Admin Fee
25,00%
Negative Balance
Reset
Cookie Duration
Session is determined
License
Anjouan
Software
MyAffiliates
Branded Traffic
Forbidden
NGR Formula
NGR = Bets - Admin Fee - Bonuses - Chargebacks - Fraud - Returned Stakes - Taxes - Wins
Target GEOs
Brands
No reports filed against this program.
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N/A
On request
On request
Once a week
On req.
On req.
N/A
On request
On request
Once a week
S2S On req. / API On req.

N/A
On request
On request
—
On req.
On req.
N/A
On request
On request
—
S2S On req. / API On req.

Not a licensed gambling operator (grade ceiling B); intermediary broker carries pass-through default risk; isolated payment disputes reported early 2026; iGaming terms (RevShare/NCO/bundling/cookie) undisclosed.
N/A
On request
Campaign-dependent via AM (e.g. CPL SOI sweeps ~$2.40); 5% sub-affiliate
Weekly / Net-15 / Net-30 ($100 min)
On req.
On req.
N/A
On request
Campaign-dependent via AM (e.g. CPL SOI sweeps ~$2.40); 5% sub-affiliate
Weekly / Net-15 / Net-30 ($100 min)
S2S On req. / API On req.
Mid-sized multi-vertical CPA broker with strong Affise tracking, but no gambling license and undisclosed iGaming terms cap it at C.

N/A
On request
On request
Once a month
On req.
On req.
N/A
On request
On request
Once a month
S2S On req. / API On req.

House Grade
Grey-market operator on a Tier 2 Curacao sub-license targeting AU/CA/NZ; ACMA block-lists mirror domains and banks restrict card deposits (~40% success), so traffic must lean on crypto/voucher funding. Limited legal recourse in disputes.
Medium
~25%
By negotiation (AM)
Monthly (Net-20)
Yes
Yes
Medium
~25%
By negotiation (AM)
Monthly (Net-20)
S2S Yes / API Yes
Reasonably safe, solid earning — no negative carryover, zero admin-fee deductions, single-brand payouts, reliable monthly pay. Best for SEO and media buyers who can convert crypto- and voucher-savvy grey-market traffic.

No gambling license (grade ceiling B). Unilateral chargeback clause: network can retroactively reverse paid Qualified Actions. $50 vs $300 min-payout discrepancy between T&C and aggregators. Reputation/payment data only from third-party directories.
N/A
On request
Campaign-dependent CPA/CPI (e.g. up to $31.50 BetMGM Casino iOS)
Monthly (Net-30)
On req.
Yes
N/A
On request
Campaign-dependent CPA/CPI (e.g. up to $31.50 BetMGM Casino iOS)
Monthly (Net-30)
S2S On req. / API Yes
Stable US-registered CPA/CPI mobile-traffic aggregator with public rates, S2S and API, but no RevShare, no gambling license, and a broad retroactive chargeback clause.