House Grade
The headline 40% RevShare is heavily eroded: a 30% administrative fee plus Bonuses and 'NBC' are deducted inside the NGR formula (NGR = Bets − Wins − Admin Fee − Bonuses − NBC), leaving an effective ~17.5-28% — negotiate a cap on the NBC/Bonus deductions or a hybrid deal before committing. The operator is an anonymous private offshore company on a Curaçao licence, and the public terms/FAQ pages are inaccessible, so the prohibited-country list, cookie window, hold period and S2S/API support are all unverified. 'Branded traffic is prohibited', so don't bid on Bullsbet-brand keywords. It's not AGD-certified nor a GPWA sponsor, so dispute recourse is limited. Best for experienced SEO/media-buying affiliates comfortable with grey-market crypto-betting traffic who will actively verify their commission calculations.
Editorial
The affiliate program for Bullsbet — a crypto-accepting (USDT/BTC/ETH) online casino and sportsbook under a Curaçao licence, focused heavily on the fast-growing Brazilian market. It's an affiliate-friendly structure on paper: a 25-40% NGR-tiered RevShare, no negative carryover, a low €50 payout threshold, CPA/hybrid/sub-affiliate options and monthly crypto payouts. The catch is a steep 30% administrative fee (plus bonus and NBC deductions) that cuts the effective rev-share to roughly 17.5-28%, an anonymous offshore operator, and gated terms — so it rewards experienced affiliates who actively manage their NGR accounting.
Low
~25%
By negotiation (CPA & hybrid on request)
Monthly (min €50)
Yes
No
Low
~25%
By negotiation (CPA & hybrid on request)
Monthly (min €50)
S2S Yes / API No
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Final Takeaway — Why Choose BullsBet Partners. BullsBet Partners is an offshore-first, single-brand affiliate program optimized for experienced affiliates targeting the high-growth Brazilian market and the global crypto-betting niche. By offering a dual vertical of casino and sports betting under a Curaçao licence, it serves as a profitable vehicle for partners who understand net-gaming-revenue dynamics and can drive traffic to a conversion-optimized, crypto-accepting brand. It is best suited as a specialized, high-reward option for content publishers, SEO networks, or seasoned media buyers who are prepared to actively manage NGR accounting.
Program Highlights
Company Overview & Brand Positioning. BullsBet Partners is the dedicated affiliate program for its flagship domain, Bullsbet, integrating online casino games and sports betting into a single, cohesive user experience. This dual-vertical layout gives affiliates an expansive acquisition funnel — capturing sports bettors during peak events and cross-selling them into higher-margin casino lobbies. It operates under a Curaçao licence (currently transitioning to the direct Gaming Control Board framework) with a "crypto-accepting" traditional architecture that maximizes payment speed and player anonymity.
Economic Structure & Target Markets. Positioned heavily in the rapidly evolving Brazilian betting landscape, BullsBet offers a tiered RevShare structure starting at 25% for monthly NGR under $5,000 and reaching 40% for NGR above $25,000. The program runs on an in-house tracking platform and applies a 30% administrative fee within its NGR formula (NGR = Bets − Wins − Admin Fee − Bonuses − NBC), which translates to an estimated effective revenue share of roughly 17.5%–28%. That makes it a viable partner for experienced SEO publishers and media buyers who can negotiate optimized hybrid terms and monitor their effective rate.
Commission Type
RevShare, CPA, Hybrid, Sub-affiliate
Payout Frequency
Monthly (min €50)
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House Grade
This is a specialist regional program, not a global earner. The 20% rev-share is below the market average and the CPA is a deliberately tiny 100 Kz (~$0.11) — success comes from driving thousands of low-value mobile conversions ('the power of many'), not high-value players. Payouts are monthly via local mobile-money rails (Unitel Money, M-Pesa); crypto capability is implied but unconfirmed. The affiliate-friendly no-negative-carryover and no-bundling terms are sourced from a directory, so confirm them in your signed contract, along with the payout threshold and cookie window. The program is not AGD-certified nor a GPWA sponsor, so dispute recourse runs through the operator directly. Best for affiliates with genuine Angola/Kenya social, influencer or community traffic.
Low
~20%
100 Kz (~$0.11) in Angola; trigger = registration + first deposit ≥ 100 Kz
Monthly
Yes
No
Low
~20%
100 Kz (~$0.11) in Angola; trigger = registration + first deposit ≥ 100 Kz
Monthly
S2S Yes / API No
The affiliate program for BantuBet — a community-first sports-betting and casino operator that is properly licensed in both Angola (ISJ) and Kenya (BCLB) and built its brand on high-profile street football and basketball tournaments. It offers partner-friendly terms (no negative carryover, no bundling) and monthly payouts through local mobile-money rails, but the numbers are tuned to the sub-Saharan market: a 20% rev-share and a micro-CPA of 100 Kz (~$0.11). It's a specialist tool — ideal for regional affiliates and social/influencer traffic in Angola and Kenya, not for chasing high-value Western players.
House Grade
This is a US grey-market offshore program: it targets American players under a Curaçao licence (UIGEA risk), so payment rails lean on crypto and traffic from the 23-country Curaçao restricted list (UK, France, Netherlands, etc.) earns nothing. The headline rev-share is eroded by a 20-30% 'system commission' plus bonus/fee/chargeback deductions, and uncapped negative carryover applies to baseline accounts — negotiate 'No-NCO' or high-roller quarantining before scaling. Losses may be bundled with sister brand Gossip Slots (unconfirmed). Verify the Curaçao 'Green Seal' / LOK direct licence is live. Finally, keep marketing strictly separate from the music artist Drake (subject of a Stake.us RICO suit) — the casino is unrelated and predates that partnership, but name confusion is a trademark/scrutiny risk. Exact terms aren't on the public site; confirm rev-share, cookie window and NCO with an account manager.
Low
~25%
By negotiation (CPA & hybrid on request)
Monthly (~$100 threshold)
Yes
No
Low
~25%
By negotiation (CPA & hybrid on request)
Monthly (~$100 threshold)
S2S Yes / API No
The in-house affiliate program for Drake Casino — a mid-sized, US-facing offshore casino running since 2012, built on Betsoft 3D cinematic slots (sister brand: Gossip Slots). Its appeal is stability and product stickiness: 14 years with no rebrands or insolvency, crypto payouts, and a lifetime-value slot catalog. The catches are structural — it's a US grey-market Curaçao operator (now transitioning to the stricter CGA/LOK regime), the effective rev-share is eroded by a 20-30% platform commission, and uncapped negative carryover applies to baseline accounts unless you negotiate otherwise.
House Grade
Two structural catches offset the strong headline terms. First, negative carryover is uncapped by default — a single winning sports whale can zero your commissions for months — so negotiate a monthly/quarterly NCO reset or high-roller quarantine before scaling. Second, undisclosed admin fees plus bonus, game-provider and payment-processing deductions cut the effective rev-share well below the 50% headline (~35% at the top tier). It runs on a Vanuatu (Tier-2) offshore licence aimed at grey-market Asian GEOs, and strictly excludes the US, UK, Australia, Singapore, Philippines, Hong Kong, France and Germany. Stats are day-level (not real-time) with a 15-business-day payout hold, and there was one resolved 2022 GPWA missing-payment warning. Best for experienced media buyers and sports publishers with genuine Vietnam/Indonesia/Thailand traffic; default to USDT payouts to avoid regional banking friction.
Medium
~30%
By negotiation (CPA & hybrid; KPI-gated)
Monthly (within 15 business days; $100 min)
Yes
Yes
Medium
~30%
By negotiation (CPA & hybrid; KPI-gated)
Monthly (within 15 business days; $100 min)
S2S Yes / API Yes
The affiliate program for M88 (Mansion88) — one of the most established Asian-facing sportsbook and casino operators, running since 2007 with LaLiga, AC Milan and BWF sponsorships. It's a legacy, high-stability partner: a negotiable 30-50% rev-share, MyAffiliates tracking with S2S/API, USDT and e-wallet payouts, and a 10% sub-affiliate tier. The trade-offs are structural — uncapped negative carryover (negotiable), undisclosed admin fees that erode the effective rate to ~35%, and a Vanuatu offshore licence tuned for grey-market Asian GEOs.
House Grade
Two practical blockers right now: new affiliate registrations are suspended during the Banijay ownership transition, and the cookie window is an unusually short 3 days — this program only rewards high-intent, immediate-conversion traffic (tipster/action funnels), not long-form SEO content. Commercially it's conservative: rev-share is capped at 25% and the German sports-betting tax (~5.3% of turnover) plus deductions cut the effective rate further, so the flat €120 CPA is usually the better deal. Payouts are bank-transfer only (no crypto/e-wallets), and the affiliate team is known to be unresponsive to smaller sites — expect acceptance and support to favour high-volume partners. Value is concentrated almost entirely in Germany and Austria (Tipico exited the US in 2024). Follow creative guidelines strictly: as a Tier-1 GGL licensee, Tipico suspends affiliates for non-compliant promotion.
Medium
~25%
€120 flat per acquired customer (€20 deposit within 30 days)
Monthly (by the 20th; no minimum threshold)
Yes
Yes
Medium
~25%
€120 flat per acquired customer (€20 deposit within 30 days)
Monthly (by the 20th; no minimum threshold)
S2S Yes / API Yes
The affiliate program for Tipico — the undisputed sports-betting market leader in Germany (50%+ share) and Austria, a Tier-1 regulated (Germany GGL + MGA) operator with 1,250+ retail shops, Bundesliga/FC Bayern sponsorships and multibillion-euro backing (CVC, now Banijay). It's a high-trust, high-conversion DACH program: a flat €120 CPA, no negative carryover, and institutional payout reliability. The trade-offs are a conservative rev-share (max 25%, eroded by German betting tax), a very short 3-day cookie, bank-transfer-only payouts, and — currently — a suspension of new affiliate registrations during the Banijay ownership transition.

House Grade
No verified gaming license — Zlatobet shows neither a Curacao CGA nor an Anjouan certificate, so it must be treated as an unregulated operator exposed to domain seizures, payment-processor blocks and provider restrictions that can wipe out referred-player value. The affiliate program runs on proprietary in-house tracking (no independent audit layer, raising shaving/data-alteration risk), publishes no T&C without an account, and has zero reviews, no AGD/GPWA presence and no verifiable payment history. Negative carryover, hold periods and commission-withholding clauses are all unknown. Do not commit significant spend before verifying terms and payment reliability with a small live test.
Medium
~50%
Available via account manager (amount and triggers undisclosed)
Monthly ($100 minimum)
On req.
On req.
Medium
~50%
Available via account manager (amount and triggers undisclosed)
Monthly ($100 minimum)
S2S On req. / API On req.
Zlatobet Partners is the in-house affiliate program for Zlatobet, a centralized, crypto-friendly (USDT) casino and sportsbook that merely accepts crypto rather than being an on-chain/Web3 platform. Operator and parent company are undisclosed (anonymous offshore), with no verified gaming license on record. Headline terms look attractive — up to 50% RevShare, CPA/Hybrid, a 15,000+ game lobby and a sub-affiliate program — but the actual contract, NCO policy and NGR deductions are hidden behind a login, and the brand has zero independent reviews or payment history. Best treated as a speculative, small-test-only program until terms and payment reliability can be verified.
House Grade
Weigh the corporate structure against flexibility. The headline 25-40% rev-share is eroded by a multi-variable NGR deduction (bonuses, progressive-jackpot fees, software royalties, taxes and fraud), so model your effective rate carefully. Payouts are monthly with an unusually high €700 bank-wire minimum (use e-wallets to hit the lower €100 threshold), and there is no crypto option. A legacy AGD 'rogue' designation persists from the program's Referback/Wagershare predecessors (retroactive term changes) — the current record under NYSE-listed Super Group is clean, but expect a rigid, corporate style. The parent runs strict 'capital discipline', having exited the US, Brazil and India, so the target-GEO footprint can shift. With 12+ brands, the cross-brand bundling policy is undisclosed — verify it before running multi-brand campaigns. Best for long-term SEO/organic affiliates focused on Canada and New Zealand.
Medium
~25%
By negotiation (CPA & hybrid; ~$250-400 Tier-1)
Monthly (Net-10; €100 e-wallet / €700 wire min)
Yes
No
Medium
~25%
By negotiation (CPA & hybrid; ~$250-400 Tier-1)
Monthly (Net-10; €100 e-wallet / €700 wire min)
S2S Yes / API No
The casino affiliate arm of Super Group (SGHC) — the NYSE-listed operator behind heritage brands JackpotCity, Spin Casino, Ruby Fortune and Gaming Club (running since 1994). It's an institution-grade, low-counterparty-risk program: Tier-1 licensing (MGA + iGaming Ontario), a 25-40% tiered lifetime rev-share (50% first month), no negative carryover, and 20+ years of stable operation. The trade-offs are a corporate, less-flexible style, a high €700 bank-wire payout threshold, no crypto, and a legacy AGD 'rogue' history from its Referback/Wagershare predecessors.