Company: Capitanos Games Ltd.
Registered Address: New Horizon Building, Ground Floor, 3 1/2 Miles Philip S.W. Goldson Highway, Belize City, Belize
Registration No.: 000048510
Gaming License: Anjouan Gaming License – License No. ALSI-202509071-FI2
Websites / Brands: https://www.cwinz.com / https://www.betbeto.com and any future participating Brands
Affiliate Portal: https://cwinz.partners
Affiliate Email: affiliates@cwinz.com
1. Definitions and Interpretations
“Affiliate” means any natural or legal person who, after entering into this Agreement, makes advertising space available for the promotion of the Company’s Brands and acquisition of New Depositors.
“Sub-Affiliate” means any natural or legal person who, after collaboration with the Affiliate, makes advertising space available for promotion of the Company’s services.
“Brand” means any website, product, service, trademark, trading name, platform, or gaming brand owned, operated, licensed, or promoted by the Company from time to time, including but not limited to Cwinz, BetBeto, and any future brands participating in the Program.
“Commission” means the remuneration payable to the Affiliate under the applicable commercial model agreed with the Company, including Revenue Share, CPA, Hybrid, fixed fee, or any other custom commercial arrangement.
“Confidential Information” means any commercially valuable information of either party, including but not limited to technology, market data, financial reports, know-how, trade secrets, customer data, commercial terms, Commission rates, and other non-public information.
“Gross Gaming Revenue (GGR)” means total bets or stakes accepted from referred players minus total winnings paid to such players, before the application of deductions.
“Net Gaming Revenue (NGR)” means Gross Gaming Revenue (total bets minus total winnings) less:
- Bonus costs
• Administrative fee (currently 10%)
• Payment processing costs
• Fraud-related costs
The Company reserves the right to introduce additional deductions, taxes, regulatory fees, chargeback costs, compliance costs, operational costs or other business-related expenses upon reasonable notice to Affiliates.
“New Depositor” means a new customer who: (i) has not previously held an account with the relevant Website or Brand; (ii) registered via the Affiliate’s unique tracking link; (iii) completed a qualifying first deposit; and (iv) is not resident in a Restricted Territory.
“Program” means the Cwinz Partners Affiliate Program operated through cwinz.partners and covering all Brands participating in the Program.
“Restricted Territories” means jurisdictions where the Company’s services are not permitted. The list of Restricted Territories is as published on the Website, the Company’s Terms and Conditions, or otherwise communicated by the Company, and may be updated from time to time. Affiliates are responsible for checking the current list before any promotional activity.
“Database” means the compiled collection of player records, transactional data, and related commercial information maintained by the Company in connection with the Website, participating Brands, and the Program.
“Website” means any website, application, platform, domain, or sub-domain operated by the Company under any participating Brand, including but not limited to cwinz.com and betbeto.com.
“Revenue Share” or “RevShare” means a Commission model under which the Affiliate receives an agreed percentage of NGR generated by referred players.
“CPA” means Cost Per Acquisition, a Commission model under which the Affiliate receives an agreed fixed amount for qualified player acquisitions, subject to validation criteria.
“Hybrid Agreement” means a commercial arrangement combining CPA and Revenue Share, or any other combination of remuneration models agreed in writing.
2. General Scope and Object
a) The Company requires third-party advertising space to promote its Brands and increase the number of New Depositors. The Company is exclusively responsible for the proper execution of this Agreement, regardless of any third-party platforms or payment agents used.
b) The promotion or soliciting of bets is subject to legal restrictions in certain jurisdictions and may be entirely prohibited in some.The Affiliate acknowledges that if such activities are prohibited in its country of domicile, it may not enter into this Agreement.Any liability arising from disregard of applicable prohibitions shall rest exclusively with the Affiliate.
c) The Affiliate confirms itoperatesits platform under its own name and is fully authorized to do so.
d) Unless otherwise agreed in writing, each party shall be solely responsible for its own costs and expenses in fulfilling its obligations under this Agreement.
3. Affiliate Integration in the Program
a) Upon acceptance, the Affiliate is assigned a unique tracking ID to integrate with the Affiliate Portal. New Depositors referred via the Affiliate’s links and theirsubsequentactivity are tracked through this ID.
b) Preparation ofadditionaladvertising material relating to the Company or its Brands is only permissible with the Company’s prior written consent.
c) A change to the URL of the Affiliate’s platformdoes not constitutea change to this Agreement and does not affect the Affiliate’s rights and obligations hereunder.
d) The tracking cookie attribution window is thirty (30) days from the user’s last click on the Affiliate’s Link. A user who registers and completes a qualifying first deposit within this 30-day window shall be attributed to the Affiliate as a New Depositor. The Company may adjust this attribution window from time to time by notice to the Affiliate.
4. Links and Affiliate Obligations
a) The Affiliate shall provide reasonableassistancein the display, maintenance, and transmission of tracking links (“Links”).
b) The Affiliate shall not place Links on pages targeted at individuals under the age of 18.
c) The Affiliate must obtain prior written consent from the Company before placing Links on platforms other than those declared upon registration.
d) The Affiliate may notpurchaseor register search keywords, domain names, or identifiers that are identical or confusingly similar to any Company trademark, including the words “Cwinz”, “CaptainWinz”, “Cwinz Casino”, “Cwinz Sports”, or “Cwinz Partners”, or variations thereof.
e) The Affiliate, its friends, and immediate family members are not eligible to register as New Depositors. The Company shall not be liable for any Commission arising from such registrations.
f) If the Affiliate directly contacts any of its users, subscribers, or audience (via email, messaging apps, social media, or any other communication channel) to promote the Website or the Links, the Affiliate shall clearly state in the body of any such communication that it is made without the knowledge or involvement of the Company, and that any complaint or dispute arising from such communication must be addressed to the Affiliate and not to the Company.
g) The Affiliate shall inform all users of the Affiliate’s platform, via a privacy policy or other means compliant with applicable data protection laws (including GDPR where relevant), that tracking technology will be placed on the user’s device when a user clicks on the Links. The Affiliate shall be solely responsible for obtaining any required consent from users and shall indemnify the Company against any claim, fine, regulatory action, or damage arising from the Affiliate’s failure to provide such disclosure or obtain such consent.
The Affiliate must not:
- Offer incentives or inducements to individuals for using Links to access the Website
- Intercept, modify, or redirect any electronic forms or data submitted to the Company
- Engage in transactions on the Website on behalf of any third party
- Create any impression that the Affiliate Site is the Website or part thereof
- Artificially inflate traffic, registrations, or Commission
- Use spam, unsolicited communications, or prohibited marketing practices
- Engage in self-referral or create fictitious New Depositor accounts
- Target marketing towards individuals under the age of 18
- Promote the Website in Restricted Territories (as listed on cwinz.com)
- Operate or advertise through paid-to-click (PTC) websites
- Operate cashback or rebate sites that return money to players from Commission earnings
- Use Get-Paid-To (GPT) platforms or any “earn money by registering” or incentivised traffic schemes
- Publish fictitious promotions, fake bonus advertising, or misleading marketing materials of any kind
- Engage in any form of traffic fraud, deposit manipulation, or misrepresentation of the Company’s products or services
- Use frame, iframe, pop-up, pop-under, or similar technology to display, overlay, or embed the Website
- Cause the Website to open in a user’s browser other than as a direct result of the user clicking on a Link
- Modify, redirect, suppress, or substitute the operation of any button, link, or interactive feature of the Website
- Intercept or redirect traffic from, or to, any other affiliate or website participating in the Program
- Use cloaking, URL masking, or any technique that misrepresents the nature or destination of a Link
The Company reserves the right, at its sole discretion, to: (a) withhold or forfeit Commission; (b) adjust Commission to 0%; (c) sever the relationship between the Affiliate and any player accounts; or (d) immediately terminate this Agreement where any prohibited activity is identified.
5. Company Obligations and Rights
a) The Company shall supply the Affiliate with tracking Links and may update such Links from time to time.
b) The Company shall use reasonable efforts toidentifyNew Depositors originating from the Affiliate’s Links, but shall not be liable if such identification cannot be made.
c) The Company reserves the right to accept or decline any affiliate application without obligation to provide reasons.
d) The Company may update or amend these Terms and Conditions at any time by providing written notice. Continued participation in the Programconstitutesacceptance of such changes.
e) The Company may withhold payment if it suspects a breach of this Agreement or fraudulent traffic, pending investigation.
f) No Commission shall be payable if the Company has reasonable grounds to believe that traffic generated by the Affiliate is illegal or in breach of this Agreement.
g) The Company reserves the right, upon reasonable prior notice, to audit the Affiliate’s promotional materials, marketing channels, platforms, and records relevant to the Program, for the purpose of verifying compliance with this Agreement, applicable laws, and responsible gambling standards. The Affiliate shall cooperate fully with any such audit and shall provide access to the requested materials within a reasonable time period.
6. Commission, Payment and Payment Terms
6.1 Commission Models
The Company may offer one or more commission models to Affiliates, including but not limited to Revenue Share (“RevShare”), Cost Per Acquisition (“CPA”), Hybrid Agreements (CPA + RevShare), Fixed Fee Agreements, and Custom Commercial Agreements.
The commission model applicable to each Affiliate shall be agreed individually in writing and may be communicated through the Affiliate Portal, email, messaging applications, account managers, insertion orders, commercial agreements, or other written means.
The Company reserves the right to offer different commission structures, rates, and commercial arrangements to different Affiliates. Commercial terms may vary by Affiliate, Brand, market, traffic source, traffic quality, and overall performance.
6.2 Revenue Share Model
For Affiliates participating in a Revenue Share model, Commission shall be calculated as a percentage of Net Gaming Revenue (“NGR”) generated by referred players.
Affiliates may earn Revenue Share of up to forty percent (40%) of NGR. The applicable Revenue Share percentage may vary depending on factors including, but not limited to, the number of First Time Depositors (FTDs), NGR generated, traffic quality, player value, market, Brand promoted, regulatory requirements, and overall commercial performance.
Affiliates generating fewer than five (5) First Time Depositors (FTDs) in a calendar month may be subject to a reduced commission rate of up to ten percent (10%), at the Company’s sole discretion.
The Company additionally reserves the right to reduce, suspend or revise commission arrangements for Affiliates generating low-quality traffic, fraudulent activity, or commercially unviable performance.
The Company is not required to publish or disclose a full Revenue Share ladder publicly. The applicable rate for each Affiliate shall be determined according to the commercial terms agreed with that Affiliate.
The Company reserves the right to review, amend, increase, decrease, suspend, or restructure commission arrangements upon reasonable notice, including where traffic volume, player quality, profitability, fraud risk, compliance risk, or commercial viability changes.
6.3 CPA Agreements
Affiliates participating in CPA agreements shall receive payment based on qualified player acquisitions as agreed in writing between the Company and the Affiliate.
Qualification criteria, CPA values, validation periods, traffic quality requirements, fraud controls, minimum deposit requirements, activity requirements, and chargeback rules may vary between Affiliates and shall be communicated separately.
The Company reserves the right to reject, reverse, withhold, or reclaim CPA payments relating to fraudulent, duplicate, incentivised, low-quality, bonus-abusing, self-excluded, restricted, or otherwise non-compliant players.
6.4 Hybrid Agreements
Affiliates participating in Hybrid Agreements shall receive a combination of Revenue Share and CPA payments according to the commercial terms agreed between the parties.
Hybrid structures may include any combination of Revenue Share, CPA, fixed fees, performance incentives, or other remuneration models agreed in writing.
6.5 No Negative Carryover Policy
No Negative Carryover: Any negative NGR balance in a given calendar month shall be reset to zero (0) at the start of the following month. Negative balances shall not be carried forward and shall not reduce Commission payable in future months, unless otherwise agreed in writing as part of a specific commercial agreement.
6.6 Lifetime Revenue Share
Where applicable under the Affiliate’s agreed commercial terms, Revenue Share Commission shall be payable on a lifetime basis for all qualified players validly referred by the Affiliate under participating Brands, for as long as such players remain active on the Website and this Agreement remains in force.
Lifetime Revenue Share shall not apply to CPA-only agreements unless expressly agreed in writing.
6.7 Sub-Affiliate Commission
The Affiliate shall be entitled to receive 10% of the total Commission earned by the entire network of Sub-Affiliates registered under the Affiliate through the Program, regardless of the number of Sub-Affiliates, unless otherwise agreed in writing.
For clarity: if the total combined Commission earned by all Sub-Affiliates in the Affiliate’s network is USD 100,000 in a calendar month, the Affiliate shall receive USD 10,000.
The Affiliate is individually responsible for registering Sub-Affiliates through the Program and may not claim Commission from Sub-Affiliates not registered through the Program.
6.8 Payment Terms
Commissions are calculated on a calendar-month basis and are generally processed between the 1st and 10th day of the following month, unless otherwise agreed in writing.
The minimum payment threshold is Commission of at least USD 200, unless otherwise agreed in writing with the Company as part of the commercial terms. Accrued Commission will remain in the Affiliate’s account until applicable thresholds are met.
Payment currency, payment method, payment frequency, and minimum withdrawal thresholds may vary and shall be agreed individually with each Affiliate as part of the commercial terms.
The Company may consolidate Commission calculations and payments across multiple participating Brands.
The Affiliate is solely responsible for all applicable taxes, duties, banking charges, and currency conversion costs.
Any pending Commission older than two (2) months that cannot be paid due to the Affiliate being unresponsive may be voided.
The Company may withhold payment pending verification of compliance with this Agreement, completion of KYC procedures, fraud investigations, or other compliance checks.
6.9 Self-Excluded and Problem Gambling Players
No Commission shall be payable to the Affiliate in respect of any New Depositor from the moment such player: (i) self-excludes from the Website; (ii) is identified by the Company as a problem gambler, compulsive gambler, or vulnerable individual; or (iii) is subject to any account closure on responsible gambling grounds.
Any Commission accrued on such players prior to such event shall remain payable, but no further Commission shall accrue from the date of such event onwards.
6.10 Fraudulent, Abusive, or Colluding Players
The Company reserves the right, at its sole discretion, to void, withhold, or reclaim any Commission in respect of any New Depositor who is identified as having engaged in: (i) bonus abuse, including opening multiple accounts to exploit promotions; (ii) chargeback fraud or payment fraud; (iii) collusion, match fixing, or coordinated play; (iv) identity fraud or use of false documents; or (v) any other fraudulent, abusive, or unlawful activity.
Commission voided under this clause may be deducted from future Commission payable to the Affiliate.
6.11 Fraud Loss Chargeback
Where the Company incurs direct financial losses as a result of fraudulent activity by a player referred by the Affiliate – including but not limited to chargeback losses, payment fraud, identity fraud, collusion-related losses, or bonus abuse – the Company reserves the right, at its sole discretion, to deduct such losses from the Affiliate’s accrued or future Commission.
This right is exercised on a case-by-case basis and is independent of, and in addition to, the Company’s rights under Section 6.10.
7. KYC, Identity Verification, and AML Compliance
a) The Affiliate must complete identity verification prior to receiving the first Commission payment. The Company reserves the right to request re-verification at any time during the term of this Agreement.
b) Individual Affiliates must provide: (i) a government-issued photo ID (valid passport or national identity card); and (ii) proof of address not older than three (3) months (utility bill or bank statement).
c) Corporate Affiliates must provide: (i) certificate of incorporation; (ii) register of directors; (iii) proof of registered address; (iv) full KYC documentation for the Ultimate Beneficial Owner (any individual owning 25% or more of the entity); and (v) full KYC documentation for the responsible person / authorized signatory.
d) Failure to provide required KYC documentation within a reasonabletime period, as notified by the Company, shall constitute grounds for: (i) suspension of Commission payments; and (ii) termination of this Agreement at the Company’s discretion.
e) Both parties shallcomply withall applicable anti-money laundering (AML) and counter-terrorism financing (CTF) laws and regulations. The Affiliate shall implement reasonable measures to ensure that it does not knowingly refer or assist in referring persons who are: (i) resident in a sanctioned jurisdiction; (ii) listed on any international sanctions list; or (iii) known to the Affiliate to be engaged in money laundering, terrorism financing, or other unlawful activity.
f) The Affiliate shall promptly notify the Company of any suspicious activity, suspected fraud, or potential AML/CTF concern that comes to the Affiliate’s attention in connection with the Program.
g) The Affiliate acknowledges that the Company may,in order tocomply with its own AML/CTF obligations, share information about the Affiliate with regulators, licensing authorities, financial institutions, and law enforcement agencies where required by law.
8. Intellectual Property
a) Nothing in this Agreement constitutes any license, assignment, or transfer of Intellectual Property Rights, including patents, trademarks, copyrights, database rights, or Confidential Information.
b) All Intellectual Property Rights created under this Agreement, including banners, advertising materials, and the Database, shall be and remain the sole property of the Company.
c) The Company grants the Affiliate a non-exclusive, non-transferable, revocable license to display the Brand features of participating Brands solely for the purpose ofoperatingthe Links during the term of this Agreement.
d) The Affiliate may notpurchaseor register domain names identical or confusingly similar to any Company trademark or Brand without prior written approval.
e) Upon termination, each party shall return or securely destroy the other’s proprietary material. The Affiliate may notretainor exploit any Company content, databases, or Confidential Information after termination.
9. Warranties
a) Each party warrants that it has full right, title, and authority to enter into this Agreement and perform all obligations hereunder.
b) Each party warrants that it has obtained and willmaintainall necessary authorizations, consents, and licenses required to fulfill its obligations.
c) The Affiliate warrants that its platformcontainsno defamatory, pornographic, unlawful, harmful, or otherwise objectionable content.
d) The Affiliate warrants that itcomplies withall applicable data protection legislation and shall indemnify the Company against any breach of this warranty.
e) The Affiliate agrees to promote responsible gambling and place links to recognized responsible gambling organizations where legally required. The Affiliate shall not target marketing at minors or vulnerable individuals.
10. Disclaimer
- The Company makes no representation that the operation of the Website will be uninterrupted or error-free and shall not be liable for the consequences of any interruptions or errors.
11. Indemnity
- The Affiliate shall indemnify, defend, and hold harmless the Company and its officers, directors, employees, agents, and shareholders from and against any and all losses, claims, damages, costs, and expenses (including legal fees) arising from: (a) any breach of this Agreement by the Affiliate; (b) the Affiliate’s promotional activities; (c) any third-party claim relating to the Affiliate’s marketing materials; or (d) the Affiliate’s violation of any applicable law or regulation.
12. Limitation of Liability
a) To the maximum extentpermittedby law, the Company shall not be liable for any indirect, incidental, consequential, special, or punitive damages, including loss of profits, revenue, data, or business opportunity.
b) The Company’s total aggregate liability to the Affiliate shall not exceed the total Commission paid to the Affiliate in the thirty (30) daysimmediatelypreceding the event giving rise to the claim.
c) The Company makes no representation, warranty, or guarantee that the Affiliate will earn any minimum Commission or derive any specific level of revenue from the Program.
13. Term and Termination
a) This Agreementcommencesupon the Affiliate’s acceptance and continues indefinitely unless terminated in accordance with this clause.
b) Either party mayterminatethis Agreement on thirty (30) days’ written notice to the other party.
c) This Agreement shall terminate automatically, without notice and without any obligation on the part of the Company, if the Affiliate: (i) ceases to actively promote the Website for ninety (90) or more consecutive days; (ii) removes or deactivates all tracking links; or (iii) generates no New Depositors and no tracked referral traffic for ninety (90) consecutive days.
d) The Company may terminate this Agreement with immediate effect, without notice and without any financial obligation, if the Affiliate: (i) commits any material breach of this Agreement; (ii) engages in fraudulent or unlawful activity; (iii) becomes insolvent; or (iv) takes any action bringing the Company into disrepute.
e) Upon termination: (i) all licenses cease immediately; (ii) the Affiliate shall remove all promotional materials; (iii) any accrued Commission shall be paid only after verification of full compliance; (iv) the Affiliate has no claim for loss of future earnings, goodwill, or consequential loss.
14. Confidentiality
Each party shall keep the other’s Confidential Information strictly confidential and shall not disclose it to any third party without prior written consent, except as required by law. The Affiliate shall not disclose the commercial terms of this Agreement, including Commission rates, to any third party without the Company’s prior written consent. Confidentiality obligations survive termination of this Agreement for five (5) years.
15. General Provisions
a) Governing Law: This Agreement is governed exclusively by the laws of Belize.
b)Jurisdiction: Any dispute arising from this Agreement shall be subject to the exclusivejurisdiction of the courts of Belize. The Affiliate irrevocably submits to such jurisdiction.
c) Entire Agreement: These Terms and Conditions, together with any signed Affiliate Agreement, insertion order, commercial agreement, or individual commercial terms agreed in writing with the Affiliate, constitute the entire agreement between the parties and supersede all prior representations and understandings. Electronic acceptance of these Terms and Conditions through registration atpartnershas the same legal force and effect as a signed Affiliate Agreement.
d) Amendments: The Company may amend these terms at any time. Continued participationconstitutesacceptance of any amendments.
e) Relationship of Parties: The parties are independent contractors.No partnership, agency, franchise, or employment relationship is created by this Agreement.
f) Severability: If any provision is held invalid or unenforceable, the remaining provisions continue in full force.
g) Waiver: Failure to enforce any provision shall notconstitutea waiver of the right to enforce it in the future.
h) Assignment: The Affiliate may not assign any rights or obligations under this Agreement without the Company’s prior written consent. The Company may assign freely.
i) Force Majeure: Neither party shall be liable for any failure or delay in performance of its obligations under this Agreement where such failure or delay results from events beyond its reasonable control, including but not limited to acts of God, natural disasters, war, acts of terrorism, civil unrest, government action, changes in law or regulation, pandemics, industrial action, failure of utilities, internet or telecommunications failure, or technical failures of third-party service providers. The affected party shall notify the other party promptly and shall use reasonable efforts to resume performance as soon aspracticable. If a force majeure event continues for more than ninety (90) consecutive days, either party mayterminate this Agreement on written notice without liability.
Acceptance
By registering for the Cwinz Partners Affiliate Program or by clicking “I Agree” during the registration process, the Affiliate confirms that they have read, understood, and agree to be bound by these Terms and Conditions in their entirety. Such electronic acceptance has the same legal force and effect as a physically signed Affiliate Agreement.
Last updated: June 2026 | Capitanos Games Ltd. | cwinz.partners