Page 22 - BookieCo Models
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Scenario 4
         If the net profit for 1 month is 18,000 (15,001-20,000)

         The agent will receive the below bonus:
         10% per 1,000 = 100

         12% per 4,000 = 480
         15% per 5,000 = 750
         20% per 5,000 = 1,000 και

         25% per 3,000 = 750
         Total: €3,080



         Scenario 5
         If the net profit for 1 month is  24,000 (>20,001 )

         The agent will receive the below bonus:
         10% per 1,000 = 100

         12% per 4,000 = 480
         15% per 5,000 = 750
         20% per 5,000 = 1,000

         25% per 5,000 = 1,250 και
         30% per 4,000 = 1,200

         Total: €4,780


         4.3.CALCULATION OF MONTHLY NET PROFIT



         Monthly Net Profit is defined as the amount resulting from the

         deduction from the total gross monthly receipts of the following
         branch:
         •      Debts to customers for the same period.

         •      Tax liabilities to the National Betting Authority.
         •      Commission.

         •      Expenses related to the operation of the branch which may
                have been paid during the same period by the company.
         •      Costs for the operation license of the branch which may have

                been paid by the Company.











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