
All commission terms (RevShare, CPA, negative-carryover, quotas) withheld until sign-up; session-only cookie, dual Curaçao/Belize offshore structure, and no track record (est. 2025).
Editorial
New 2025 Curaçao/Belize casino+sportsbook program (Highflybet/Terdersoft) on Cellxpert with crypto payouts and a clean early slate — but every commission term is withheld until sign-up, the cookie is session-only, and there's no track record. Negotiate written terms before sending volume.
House Grade
Medium
On request
By negotiation
Monthly (€100 min)
On req.
On req.
Medium
On request
By negotiation
Monthly (€100 min)
S2S On req. / API On req.
Shogun Affiliates is a new-in-2025 program for Highflybet Casino (operator Terdersoft B.V.), aimed at media buyers pushing casino and sports traffic into Australia, Canada and Southeast Asia. It runs on the solid Cellxpert engine with crypto and fiat payout rails and carries no rogue or shaving history. But it is early-stage and unusually opaque: the RevShare ladder, CPA, negative-carryover, bundling and quota terms are all withheld until you sign up, the default cookie is session-only (a poor fit for the multi-step KYC and crypto onboarding these GEOs require), and the operator sits behind a dual Curaçao/Belize offshore structure with no dispute-resolution backstop. Treat it as a moderate-risk, negotiate-everything partner: secure a written deal that overrides the session cookie with a 30-day window and caps admin deductions before sending volume.
Founded in 2025, Shogun Affiliates is a direct iGaming advertiser and institutional performance marketing network operated by parent entity Terdersoft B.V. under Curaçao regulatory licensing. Distinguishing itself from traditional affiliate brokers through direct product ownership , the network operates a multi-brand portfolio featuring flagship brand Highflybet Casino alongside dedicated properties RodeoSlot and TonySpins.
The program targets high-ARPU Tier-1 and Tier-2 international jurisdictions, with primary focus on Australia, Canada, and key European markets. Shogun Affiliates optimizes conversion efficiency through channel-segmented traffic routing—matching social and display traffic with gamified interfaces and search-driven traffic with streamlined landing environments. To protect player lifetime value, the platform deploys internal retention infrastructure, including localized CRM workflows and dedicated outbound call centers.
Commission Type
RevShare, CPA Available, Hybrid Available
Commission Details
RevShare up to 50%
Payout Frequency
Monthly (€100 min)
Min Payout
500 EUR
Admin Fee
3,00%
Negative Balance
Reset
License
Curacao
Software
Cellxpert
Branded Traffic
Forbidden
NGR Formula
NGR = GGR - Bonuses - Chargebacks - Loyalty - Other - Other Fee - Payment Fee - Taxes
Target GEOs
Brands
4 casino brands running on this program are reviewed on CasinoMass:
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Unlicensed private network — no public T&C, no AGD/GPWA presence, crypto-only payouts (no chargeback recourse). Confirm CPA triggers, hold period, and postback in writing before sending traffic.
N/A
On request
By negotiation (CPA / CPL / Hybrid CPA+CRG)
Weekly
No
No
N/A
On request
By negotiation (CPA / CPL / Hybrid CPA+CRG)
Weekly
S2S No / API No
Private CPA brokerage (crypto/forex/iGaming) with fast weekly stablecoin payouts, but no public T&C, no license, and gated tracking — sophisticated media buyers only, after manual AM verification.

House Grade
Heavy deductions (15% admin + 5% on transactions) erode headline RevShare — forecast net, not headline. Tier-2 licensed only.
Medium
~30%
By negotiation
Monthly
Yes
Yes
Medium
~30%
By negotiation
Monthly
S2S Yes / API Yes
Reliable Tier-2 crypto-friendly casino program — clean GPWA payment record, no bundling, monthly multi-currency payouts. Solid for media buyers, but model the 15%+5% deductions before scaling.
N/A
~50%
On request
Twice a week
Yes
Yes
N/A
~50%
On request
Twice a week
S2S Yes / API Yes
Very safe, strong earning potential — no negative carryover, Tier-1 licensed.

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.

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.