How to Compute Commission for an Agent?
Exciting News for Our Agents and Affiliates!
Starting this month (September 2024), the government-mandated deductions for taxes and PAGCOR contributions have been reduced to 35%. This means only 35% will now be deducted from your commission, allowing you to take home even more earnings as part of our commitment to lowering costs for agents and affiliates!
Key Updates:
No Negative Carryover: Had a challenging month? Don’t worry! Your balance will reset at the start of the next month, giving you a clean slate to start fresh.
Transparent Commission Calculation: Your commission rate is calculated after government fees are deducted from the Gross Gaming Revenue (GGR).
Example Calculation:
Gross Gaming Revenue (GGR): Php 1,000,000
Government Fees (35%): Php 500,000
Net Revenue: Php 500,000
If your commission rate is 50%, your commission would be Php 250,000.
If you have a sub-agent earning Php 200,000 with a 40% commission rate, you’d earn 10% passively from their commission — that’s an additional Php 20,000!
Dashboard Transparency:
Affiliates: Taxes are displayed under the TAX section in the affiliate dashboard.
Agents: Taxes appear as "Admin Cost" in the agent dashboard.
Important Reminder:
To maintain the smooth operation of the WinZir agent system, all necessary fees must be collected. As a PAGCOR-registered entity, compliance with government regulations remains a cornerstone of our commitment to transparency and integrity.
Start earning more today with WinZir!
Starting this month (September 2024), the government-mandated deductions for taxes and PAGCOR contributions have been reduced to 35%. This means only 35% will now be deducted from your commission, allowing you to take home even more earnings as part of our commitment to lowering costs for agents and affiliates!
Key Updates:
No Negative Carryover: Had a challenging month? Don’t worry! Your balance will reset at the start of the next month, giving you a clean slate to start fresh.
Transparent Commission Calculation: Your commission rate is calculated after government fees are deducted from the Gross Gaming Revenue (GGR).
Example Calculation:
Gross Gaming Revenue (GGR): Php 1,000,000
Government Fees (35%): Php 500,000
Net Revenue: Php 500,000
If your commission rate is 50%, your commission would be Php 250,000.
If you have a sub-agent earning Php 200,000 with a 40% commission rate, you’d earn 10% passively from their commission — that’s an additional Php 20,000!
Dashboard Transparency:
Affiliates: Taxes are displayed under the TAX section in the affiliate dashboard.
Agents: Taxes appear as "Admin Cost" in the agent dashboard.
Important Reminder:
To maintain the smooth operation of the WinZir agent system, all necessary fees must be collected. As a PAGCOR-registered entity, compliance with government regulations remains a cornerstone of our commitment to transparency and integrity.
Start earning more today with WinZir!
Updated on: 07/01/2025
Thank you!