<b>Your RevShare is quietly 40% smaller than the GGR headline</b>

<b>Your RevShare is quietly 40% smaller than the GGR headline</b>
GGR (gross gaming revenue = stakes minus payouts) is the number operators advertise. NGR (net) is what RevShare actually pays on — and the haircut between them averages 38% across ~25 deals I've modeled.

Where the 38% goes:
— Bonus cost: 18-22% of GGR on aggressive welcome offers.
— Payment processing: 4-6%.
— Gaming/betting duty passed through: 8-15% depending on GEO.
— Affiliate/platform fees deducted pre-share: 2-4%.

So a "40% RevShare" on a player doing $100 GGR/month is not $40. It's 40% of ~$62 NGR ≈ $24.80. That's an effective 24.8% on GGR.

The leverage point: negotiate which deductions hit your base. Capping bonus deduction at the operator's blended average (not your specific player's first-month offer) recovers 6-9 points of effective rate.

Benchmark of the day: effective GGR rate = quoted NGR rate × (1 − deduction stack); demand the deduction stack in writing before you compare two offers.