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CPA vs RevShare: which pays more?

The decision comes down to one number: how many months your players stay. How to find your break-even point and which model to take.

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It is one question, not a preference

CPA pays once, now. RevShare pays a little every month, indefinitely. So there is a crossing point: the month after which the share has paid more than the flat fee would have.

Break-even months = CPA rate ÷ (monthly net revenue per player × share %)
A €400 CPA against a player producing €200 of net revenue a month on a 40% share breaks even at 5 months.

If your players typically stay longer than the break-even, take the share. If they do not, take the fee. The CPA vs RevShare calculator works it out from your own numbers.

A worked comparison

100 first-time depositors, a €300 CPA, and a 40% share of €200 net revenue per player per month, which is €80 per player per month:

AfterCPARevShareAhead
Month 1€30,000€8,000CPA
Month 3€30,000€24,000CPA
Month 4€30,000€32,000RevShare
Month 12€30,000€96,000RevShare
Month 24€30,000€192,000RevShare

The CPA column never moves. That is the trade: certainty against an upside you only collect if the players stay.

When each model fits

SituationUsually take
You buy media, and the break-even month is further out than your budget can waitCPA
Incentivised, comparison or one-off campaign traffic that deposits and moves onCPA
You are testing a casino you have no retention data forCPA
Content, SEO or community traffic whose players stayRevShare

What the arithmetic leaves out

  • Retention is a guess until you measure it. Your first months on a new casino are the measurement. Until then a flat fee is priced on facts and a share on hope.
  • Negative carryover can push the break-even out indefinitely. See negative carryover.
  • Concentration risk. A revenue share ties your income to one operator's bonus policy, game mix and tax position.

Hybrid: taking both

A hybrid pays a smaller flat fee per depositor and a smaller revenue share. It funds the media buy while keeping the long tail, at the cost of the best of either model, and it is the usual answer when you trust the traffic but not yet the retention. The earnings calculator prices all three models from one funnel.

Common questions

Neither in general. Divide the CPA rate by the monthly revenue share one player produces to get the break-even in months. If your players stay longer than that, RevShare pays more. If they leave sooner, CPA does.

None. They name the same comparison from opposite ends. The question either way is whether your players stay long enough for a recurring share to overtake a one-off fee.

Yes. Deals are renegotiated regularly, and starting on CPA while you measure a casino and then moving to a share is normal. Conversions already recorded keep the terms they were priced under; a change applies going forward.

Keep reading

CPA pays a flat fee for every player who makes a qualifying first deposit. How the model works, how it is calculated and what makes a player qualify.

RevShare pays a percentage of the net revenue your players generate, for as long as they play. How net revenue is calculated and what to check before signing.

The FTD is the event most casino affiliate deals pay on. What counts, what does not, and why the same person can produce two legitimate FTDs.

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