
High counterparty risk. The operator is completely anonymous with no disclosed license, parent company, or jurisdiction, so there is no entity to pursue and no regulator to appeal to in a dispute. The casino NGR base deducts uncapped 'administration fees' alongside winnings, bonuses, fraud costs, chargebacks and returned stakes, making the nominal 25% RevShare deceptive. The terms are silent on negative carryover (the profile claims a monthly reset but this is unverified in the public T&C), define 'Brand(s)' as all brands the operator runs (raising cross-brand bundling risk), and grant the operator unilateral discretion to demand UBO/AML documentation and withhold commission before payment. A high EUR 500 minimum payout compounds the risk for smaller publishers.
Editorial
High counterparty risk: fully anonymous operator, no disclosed licence/parent/jurisdiction. Flat 25% RevShare undercut by uncapped admin fee, €500 floor, and indefinite AML/KYC commission holds. Grade C, flagged Provisional.
House Grade
Low
~25%
Negotiable (via AM)
Monthly (by the 15th)
On req.
On req.
Low
~25%
Negotiable (via AM)
Monthly (by the 15th)
S2S On req. / API On req.
Cheddar Affiliates is fundamentally optimized for established, professional media buyers and veteran publishing teams capable of driving consistent, high-volume traffic to comfortably cross the program's €500 payout barrier. While its total corporate anonymity and heavy Net Gaming Revenue dilution vectors require careful strategic planning, the combination of an enterprise-grade tracking platform and a monthly negative balance reset offers a stable environment for seasoned iGaming marketers. It is an ideal fit for high-volume campaigns, though entry-level publishers may prefer scaling up on platforms with lower payment thresholds first.
Cheddar Affiliates operates as a dedicated business-to-business (B2B) marketing program within the global iGaming and online casino sector. Powered by Paysafe’s mature Income Access tracking infrastructure, the platform provides independent online publishers and media buyers with standardized cookie-based tracking and a localized reporting interface available in both English and Arabic. Launched under Version 1.0 terms in July 2024, the program positions itself alongside mid-tier offshore networks, leveraging its well-recognized tech stack to ensure high data and tracking reliability.
While its technical infrastructure is solid, potential marketing partners face a completely anonymous corporate counterparty. Cheddar Affiliates does not publicly disclose its parent company, physical address, or regulatory gaming licenses, which shifts a higher level of operational and administrative risk onto the affiliate. Furthermore, the network maintains high operational standards through rigorous traffic quality controls—explicitly banning search engine brand bidding—and holds the discretionary authority to mandate sensitive anti-money laundering (AML) and ultimate beneficial owner (UBO) corporate verifications prior to releasing commissions.
Commission Type
RevShare, CPA, Hybrid
Commission Details
RevShare 25%
Payout Frequency
Monthly (by the 15th)
Min Payout
500 EUR
Admin Fee
Yes
Negative Balance
Reset
Software
Income Access
Branded Traffic
Forbidden
NGR Formula
NGR = Bets - Admin Fee - Bonuses - Chargebacks - Fraud - Licensing Fee - Progressive Fee - Returned Stakes - Royalty Fee - Taxes - Wins
We re-read this program's terms on a schedule and log every material edit. Last checked 2 Oct 2026.
No recent changes found in T&Cs.
View changes in other programs1 casino brand running on this program is reviewed on CasinoMass:
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