Commission Payout

Introducing a Minimum Qualification Criteria on Commission 

A minimum qualification requirement for commissions has been implemented to help mitigate fraud activity as well as encourage more sales.  

This is especially important for Agents without a shop who might be taking advantage of the system, and for Agents who are making very low sales (less than N500,000) in a month.

Sports Commission 
The following minimum qualification conditions would apply: 

1. Minimum 40k NGN in Settled Stakes per week.
2. Minimum 200 settled coupons per week.
3. Agents who exceed the criteria will continue to enjoy the standard commission earnings (Remember BetKing’s retail commission model is the highest in the industry)
4. Agents who do not qualify on the above criteria will get 1% of the Stakes.

Virtual Commission 
The following minimum conditions would apply. 

1. Minimum 100k NGN in Settled Stakes across all Virtual products.
2. Minimum 400 settled coupons per week
3. Agents who exceed the criteria will continue to enjoy the standard commission earnings (Again, we remind you that BetKing’s retail commission model is the highest in the industry) For Agents who do not qualify on the above criteria, they will get 2% of Stakes. 

How do you check your Weekly Payout?

Example of an Agent who Got 1% commission Payout instead of the expected amount for failure to meet Target as seen in the 2nd picture below 

Example of an Agent who Got Standard commission Payout as seen in the 2nd picture below for meeting Target

PS: This commission minimum qualification requirement would only impact Agents currently making sales under the specified threshold for Sports and virtual. Agents making sales above this threshold would continue to earn the highest commissions in the industry.