The gambling industry is one of the most profitable trades in the world. The growth of technology has increased the rate of gambling. Online casinos are the new thing since you can enjoy quality entertainment as you would in a land-based casino. If you are already betting with Betway, we are sure you know about them already. Betway, apart from being a great betting site, also has a good referral program.
However, have you ever wondered how online casinos get to attract users? There are a lot of people who use online casinos so that they can enjoy the benefits of gambling. It is not by chance that people use online casinos, but it has a lot to do with advertising. Well if you still don’t get it then let me introduce you to affiliate programs.
What are affiliate programs?
Affiliate programs are simply arrangements that merchant agencies make with affiliate markets so that they can drive traffic on their websites. In this case, the affiliates get paid or get a business reward every time they bring a customer or visitor to the merchant’s site. There is usually a specific link which a member has, and if they bring traffic to the merchant’s website, they will be paid according to the agreement the two parties have made.
This is a good marketing strategy for merchant websites to make money. Online casinos have not been left behind thus this strategy is used to promote major online casinos brands around the world.
How to become an online casino affiliate.
What does it take to be an online casino affiliate? It is easy to become an online casino affiliate since it is free. If you see that there is an online casino which is asking you to pay a certain fee to become an affiliate then run. It is a scam.
This is how it works; you sign up for the program in a casino related website, choose an affiliate program and start marketing the online casino. Once people start clicking on your link, then you start earning money and another reward. Sounds easy right? Yes, it is, but there is so much more that goes into being an affiliate.
Here is a look at a few tips that will get you started on your journey.
- Understand the payment terms.
The best thing about online casino affiliate programs is that you can earn from more than one casino. The payment which you will get is a certain percentage of the profit which the casino is getting. They use a structure known as revenue share as payment. Thus from the total amount of revenue they reach a certain percentage will be paid to you depending on your performance.
However, there are online casinos which opt for cost per acquisition model. In this case, earnings are based on your performance. Therefore you should go into detail about the payment terms. There are some affiliate programs which might not earn you anything which can be a significant disadvantage for you.
- Choose a trustworthy online casino.
There are hundreds of online casinos. Most of them have adopted the market affiliation program. Before you opt to sign up for just any online casino it is best you do some background research on them. This will help you work for a trustworthy casino. Moreover, you should also research on the revenue model and the conversion rates.