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Making Money from Sports Betting Affiliate Programs
There is an explosive new trend in the world of gambling and sports betting: Internet sports betting. People are discovering in droves through internet searches and word of mouth how easy it is to bet on sports on the World Wide Web. The internet is full of new get-rich-quick ideas and schemes, but few succeed unless you’re betting on sports. The introduction of the internet has mostly opened the floodgates of the sports betting industry. The Internet has finally allowed websites and their owners to tap into worldwide audiences and members instead of just local audiences. Membership diversity has increased the feasibility of the online sports betting industry and created one of the largest and most important online sectors. These sports betting sites generate billions of dollars every year and are growing bigger every day.
What if I told you that you could make money as a sports betting affiliate without ever risking even a penny of your own money? That is true. There are literally thousands of sports betting sites all vying for a slice of the pie. The big money is not only earned by the hosts of the sports betting sites, but rather by an affiliate system. The sports betting affiliate program is evident on most sports betting and gambling sites. They offer a bonus and/or revenue sharing program to help advertise their particular sports betting website hopefully above others.
Bonus sharing, in terms of sports betting affiliate systems, gives you a reward for attracting a new paying customer. As an affiliate, you can do this through word of mouth, directing your website traffic to a particular sports betting website, and advertising. It’s a “take the money and run” effort – a one-time payment for your efforts to attract new paying customers.
However, bonus sharing may not be the most profitable business in the long run. Many sports betting sites offer an affiliate program with revenue sharing. The programs offered vary slightly from company to company, but the general idea is that you earn a percentage of the money spent by a player, which is usually between 20-35% and in some cases you can also earn money from player deposits. 20% might not seem like a lot of money, but it can indeed be a lot of money – your money – when building your referral base of paying sports bettors. As they say, “the bookie never loses” – you place your bets on the safe side of the coin by signing up as an affiliate.
Let’s face it: advertising is expensive and it’s almost impossible to climb to the top of the “Google ladder” without investing thousands and thousands of dollars, then websites have to worry about enticing people to click specifically on their website. There is a better way for them to market their sports betting website. A way to stretch their dollar further and work even harder for them – by paying you to advertise for them. Nothing goes faster than word of mouth advertising – by placing a banner on your website, which is already driving traffic, they only pay you for the paying customers your website or link generates for their betting site sportsmen.
Don’t confuse this with a “click” program – it isn’t. This type of sports betting affiliate program requires the customer to click on your banner/website/link to register on the sports betting website, deposit money and play it. What do they have to lose? Twenty percent of how much money your customer base spends. That leaves the sports betting website 80% of the pie, which equates to cheap advertising and marketing for them, and possibly mega dollars for you.
As your paid referral customer list grows with the sports betting affiliate program, your earnings will also increase. Think about it: if you have 10 people who spend $100 a month on the sports betting site, you have earned $200 with very little work. If you have 50 paid referrals who each spend $250 per month – at 20%, you just made $2,500 just by directing your website traffic to a sports betting site.
Plus, you have nothing to lose and money to earn. Even if your referred customers earn big throughout the month, most sports betting affiliate programs don’t have a negative balance. The more you advertise the company, the nicer your own rewards will be. What are you waiting for? The time to act is now – it’s never too late to take advantage of this rapidly evolving game.
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