Shark Partners Review: Deals, Payouts and Licences

Bottom line: Shark Partners advertises revenue share up to 50% and CPA up to EUR 500, with a reset of ordinary negative months, a EUR 500 minimum payout and Net 30 payment terms. Its casinos run on Anjouan licences, accept crypto deposits and include brands that Sweden’s regulator has banned. The terms give the operator wide room to scale down or claw back CPA, so it suits revenue-share affiliates with clean traffic in markets where these casinos may lawfully be promoted.

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   Shark Partners

   RevShare up to 50% or CPA up to EUR 500 (programme headline); hybrid by agreement

   • Casinos accept crypto deposits (Softon and Exceptiosoft brands, Anjouan licences)
   • CellXpert tracking, 30-day last-click attribution by default
   • Softon brands banned in Sweden since 9 July 2026: keep Swedish traffic away
   Visit siteRead reviewEUR 500 minimum; invoice by the 18th, Net 30; negative months reset except fraud and High Roller cases; CPA test phase with possible scaling and clawbacks; no brand bidding

We may be paid by some programmes listed on this site, including this one through a partner arrangement. Everything below comes from shark.partners, its published Terms and Conditions, the CellXpert sign-up portal, licence registers and regulator decisions, all checked in October 2026.

The programme at a glance

Shark.Partners says it was established in 2021. Its homepage claims more than USD 100 million in commission paid, more than 2,500 affiliates signed up, coverage of 50+ countries and eight full-time VIP managers; those are the programme’s own figures and we cannot audit them. Tracking runs on CellXpert: the sign-up form sits at go.afftrackio.com and asks for a Telegram handle and company name, and logins also run through go.shark.partners. General contact is [email protected].

The published terms do not name a company. They describe “Shark Partners” as the contracting party and “the Operator” as the side that pays, and they choose the laws and courts of Anjouan, Union of the Comoros, for any dispute (section 14). If you need a named legal counterparty for your own accounting, ask for it before signing.

Deal types and how the money is calculated

Three models are available, with your individual deal sheet deciding which applies:

• Revenue share on Net Gaming Revenue, settled monthly. NGR is GGR (bets minus winnings) less bonuses, promotions, chargebacks and fees or commissions. The headline is “up to 50%”; your real rate sits in the deal sheet.
• CPA per qualified first-time depositor, advertised “up to 500 EUR”. Section 2.1 states plainly that CPA is not guaranteed until the operator has assessed player quality.
• Hybrid deals combining both, by mutual agreement.

Any change to a deal needs written agreement from both sides, but the operator may adjust terms going forward where volume, player quality or fraud signals deviate from what was agreed (section 2.3). No minimum monthly commission is guaranteed.

The test phase and Output-Aligned Settlement

New partners and new campaigns start with a test phase that typically covers the first 20 to 50 qualified FTDs. During it the operator scores deposit frequency and size, session activity, re-deposits, chargebacks, KYC completion and cumulative NGR per FTD cohort. Under Output-Aligned Settlement (section 3.3) a CPA can then be scaled down in proportion to the value the cohort actually produced, and section 3.5 lets the operator reset dormant accounts (six months without FTDs) to standard rates with a fresh test phase.

A worked illustration with made-up numbers shows the effect. Say you agree a EUR 300 CPA and deliver 40 FTDs, a EUR 12,000 bill at face value. If the operator judges that the cohort produced only half the expected value, OAS allows it to propose a scaled CPA, for example EUR 150, which would cut the payment to EUR 6,000. You can refuse revised terms, but the remedy written into the contract is termination, not arbitration.

Payment terms in one table

The terms name no specific payout coins. If you want to be paid in BTC or a stablecoin, put it in the deal sheet; otherwise expect EUR.

Casinos, operators and licences

The programme’s site shows no brand list. Following its tracking links and the casinos’ licence seals in October 2026, we found two operating companies behind the roster, both registered in Cyprus and both licensed in Anjouan. The Softon terms we read cap withdrawals at EUR 1,000 per day and EUR 10,000 per month (clause 6.13), something your players will notice and you should disclose where you promote these brands.

The Rabocse decision named gxmble.io, palmcasino.io, seven7.casino, slottio.com, wildzy.io, winstler.co and winzter.com. Spelinspektionen cited Swedish-language pages, Swedish BankID logos and Swedish SMS and email marketing as evidence of targeting. For an affiliate the lesson is direct: an Anjouan licence gives no right to market in a country that requires its own licence, and Swedish regulators treat affiliate marketing as evidence against the operator. Anjouan licences can only be checked through the seal on the casino’s own site, and Anjouan does not handle player complaints itself.

Clauses that cost affiliates money

• Self-exclusion clawback. Section 5.1 removes from commission any player who self-excludes or joins a responsible gambling restriction, and 5.2 lets the operator claw back CPA already paid for that player.
• Compliance closures. Players flagged for AML checks, source-of-funds requests or regulatory reporting can also be excluded or clawed back.
• High Roller carryover. The reset in section 2.5 does not apply to negatives caused by the High Roller Policy, yet that policy is not defined in the published terms. Ask for it in writing.
• Traffic quality, not just fraud. “Commercially Non-Viable Traffic” (section 6.2) can trigger commission cuts even where nothing fraudulent happened, for example single-deposit cohorts.
• VPN and proxy traffic are listed as fraud in section 4.1, alongside bots, bonus abuse and crypto laundering. Crypto audiences often use VPNs, so screen your traffic sources.
• No brand bidding on the operator’s names, trademarks or domains in paid search without written approval, and no domains containing brand names.
• Sub-affiliates need prior written consent, and you answer for their traffic.
• Last-click, 30 days. Unless your deal says otherwise, attribution is last click with a 30-day window and commission is never split between affiliates.
• Liability cap equals the commission paid in the three months before a claim. Either party can end the deal on 30 days’ notice.

Where you can and cannot promote

Section 6.1 makes you warrant that traffic is legal and that you do not target jurisdictions where gambling is prohibited. The Softon terms we read list Sweden, the UK, the USA, the Netherlands, France, Germany, Spain, Austria, Australia and Cyprus among restricted countries, which is one more reason to keep Swedish pages away from these brands. Australia is closed to offshore casino promotion in any case, and from 1 January 2027 ACMA says the Gambling Reform Bill passed on 19 August 2026 bans activity-based affiliate commissions. Disclose your affiliate relationship on every page and include 18+ and help-line messaging.

Our view

Shark Partners is a better fit for crypto-friendly traffic than many fiat programmes, because its casinos take crypto deposits and the headline rates are high. The trade-off is contract risk: an unnamed counterparty under Anjouan law, CPA that can be scaled down or clawed back, and brands with a recent regulatory record in Sweden. Prefer revenue share, get the High Roller Policy and payout method in your deal sheet, and keep traffic to markets the brands accept. For alternatives, read our 79 Affiliates review, our EPC Affiliates review and the full programme comparison. Background on commission models in crypto and our review method may help too.

Shark Partners: questions affiliates ask

What is the minimum payout at Shark Partners?

EUR 500, or the equivalent in an agreed settlement currency. Balances below that roll forward month to month, and on termination a sub-threshold balance is paid only if you invoice within 30 days.

Does Shark Partners carry negative balances forward?

Usually not. Section 2.5 resets a negative revenue share month to zero when it comes from player winnings, cash or non-cash items or progressive contributions. A negative balance caused by fraud or the High Roller Policy is carried into the next month.

Can Shark Partners reduce a CPA after it has been paid?

Yes. Sections 2.4, 3.3 and 5.2 allow pro-rating, downward scaling under Output-Aligned Settlement and clawbacks of paid CPA when a player later charges back, self-excludes, is banned or is closed for compliance reasons.

Which licences do the Shark Partners casinos hold?

The casinos we traced to the programme in October 2026 hold Anjouan licences through two Cyprus companies: Softon Ltd (ALSI-202409012-FI1) and Exceptiosoft LTD (ALSI-202606020-FI1, valid 12 June 2026 to 11 June 2027).

Are Shark Partners brands banned in Sweden?

Spelinspektionen banned Softon Ltd on 9 July 2026 (26Si1361), naming all ten Softon brands, and banned Rabocse SRL on 18 August 2025 (25Si1093) over seven domains whose brands later moved to Exceptiosoft. Promoting these casinos to Swedish players is not an option.

How long do I have to dispute a Shark Partners commission statement?

45 days from the date the statement is issued. After that the statement is deemed accepted, and the programme commits to answer valid disputes within 30 days.