Home Benefits
Commission Breakdown
Sports Commission
|
NUMBER OF SELECTIONS |
COMMISSION |
|
1 |
1% |
|
2 |
2% |
|
3 |
4% |
|
4 |
7% |
|
5 |
8% |
|
6 |
9% |
|
7 & 8 |
10% |
|
9 & 10 |
12% |
|
11 to 13 |
14% |
|
14 & 15 |
16% |
|
16 to 20 |
18% |
|
21 |
25% |
|
22 |
25% |
|
23 |
25% |
|
24 |
25% |
|
25 |
25% |
|
26 |
26% |
|
27 |
27% |
|
28 |
28% |
|
29 |
29% |
|
30+ |
30% |
Example:
If there are 5 events on one ticket
Stake = #100
% for 5 events = 8%
Commission on the ticket = 8% of N100 = #8
Thus, Commission on that ticket = #8
OR
If there is only 1 event selected on a ticket
Stake = #10,000
% for 1 event is 1%
Commission on the ticket = 1% of N10000 = #100
Thus, Commission on that ticket = #100
Sports Monthly Bonus Commission
Monthly Sports Bonus is paid the last Monday of Every Month.
This is strictly paid on Sports bet only
Minimum Sales: Achieve 150k to Apply for bonus
Bonus Formula:
(Total Monthly Sport Sales – Total Monthly Sport Payouts/Winnings X 25%) – Total Monthly Sport Commissions Paid = Bonus Commission
NB: The cycle is from the last Monday of the previous month to the last Sunday of the current month
Example:
Total Monthly sales = #800,000, Total Monthly winnings = #500,000,
Total Monthly commission = #80,000
= (800,000-500,000 X 25%) – 80,000
= 75,000 – 80,000 = -5000
Thus, the agent is not entitled to any bonus commission since it is NEGATIVE BUT if it is POSITIVE, the agent is entitled to a bonus commission of #5000
Note: Bonus commission is mostly paid when the winnings are not very high for the month.
Virtual Commission
League and BetKing Virtual Commission
Breakdown:
1 selection – 2%
2-3 selections - 4%
4-6 selections - 6%
Correct score - 6%
7 or more selections - 8%
Weekly Virtual Bonus Commission
Sales Threshold:
Sales of 250k – 1 000 Bonus
Sales of 300k – 1 500 Bonus
Sales of 500k - 5 000 Bonus
Sales of 1million – 10 000 Bonus
Sales of 1.5million – 15 000 Bonus
Sales of 2million – 20 000 Bonus
Sales of 3 million and over – 30 000 Bonus