Affiliate programs in casino are one of the most lucrative ways to make an income online. But, not many people are familiar with the idea of casino affiliate programs. They also don’t know how to start one. We hope this article sheds some light on the subject and may even inspire you to dive deeper into this lucrative market.
Affiliate programs for casino affiliates are the same structure and format as affiliate programs for other companies. An affiliate is a person or company that promotes products or services for another company. Affiliates earn commissions and bonuses based on the sales they make. However, it is the company who supplies the goods and services that will fulfill any orders and deal directly with customers. Affiliates don’t have to own products. However, they can make a significant income by promoting other products and services. Private individuals can make a lot of cash online by promoting top brands and companies from their home.
The online gambling industry is very lucrative, with over $30 billion USD annually. Affiliate programs are a key part of online gambling. This is due to the large profits that affiliates can make and also because it involves serious legal issues, licensing for gambling, and huge start-up costs. The affiliate will never have to worry about this. Affiliates at casino sites have two main goals: to recruit new players and to build ongoing commissions.
How do affiliate programs work in casinos? And how can you start? First, it’s a smart idea to do some research on Google to find trustworthy online casinos with an attractive affiliate program. You will have a difficult time recruiting new players to an online casino if you find one that is not popular. When you first start out, it is a good idea to stick with big brands. As you get more experience with affiliate marketing, you may be able to opt for smaller or niche casinos.
Next, you need to examine the casino affiliate program. It is a common error to assume that the program can pay you as an affiliate in any method you choose. Although most affiliate programs offer a wide range of payment options, such as bank wire, Moneybookers, and Neteller, some may only allow you to pay by check. It should also be noted that very few affiliate programs will pay you via PayPal, which is a popular payment processor in mainstream affiliate programs.
Once you’re satisfied that the casino is popular and the program can pay you, you need to make a key decision about the revenue model. There are many options for how you want to calculate your commissions. The casino will allow you to choose between earning commissions on a revenue share basis (%) or cost-per-action basis (CPA).
The revenue share model will usually give the affiliate a percentage share (%) in the total revenue generated by the players. This is typically around 25%-50%, depending on how active the player remains at the casino and continues to play there. CPA-model: This is a once-off bounty that will only be paid when the player makes real money at the Ewallet Online Casino Malaysia.
It is up to you to decide what model you prefer. While a CPA-deal can quickly generate a lot of cash, it’s not the best model for building a long-term casino affiliate business. The average CPA-bounty will typically generate between $100-$200 USD per player. However, an average casino player can earn about $50-$70 USD per month. If you’re lucky enough, you might be able to recruit a high-roller who can make large profits for many months or even years. It all comes down to your personal preferences.