The days of having only one stream of income are long gone. Rising inflation, coupled with unexpected expenditures that just seem to multiply, has put a lot of pressure on the “traditional” monthly salary — that’s if you still have a “traditional” job.
People worldwide have been experimenting with having multiple streams of income that can help them sustain their lifestyles. One option that has been growing in popularity is casino affiliation.
Coinciding with the meteoric rise of the internet, online casinos have been popping up everywhere. Indeed, with the vast range available, it can be difficult to know the best choice when looking for an online casino.
But is it worth it? In this article, we will look at the pros and cons of becoming a casino affiliate partner.
What is Casino Affiliation?
Affiliates include links to the casino from their websites. These links can appear in their blog posts or articles, helping the casino improve its website traffic.
These casino affiliates are usually people who have some form of experience in gambling. They post reviews and may even host streaming events in which they share their impressions of the casino and what it offers.
Payment
There are different ways in which you can receive payment for your affiliation with an online casino. We will be looking at the three main methods:
Revenue Share
You receive a percentage of the net revenue achieved by referred players. This percentage varies, and casinos tend to treat it differently from person to person. Once you have been a part of the affiliate program for long enough, your percentage might increase.
Cost Per Action
With this option, also known as “CPA,” each player gets a fixed rate. You might receive a reward upon registration, but usually, the player needs to spend a certain amount of money before you get paid. The rate varies, and it can grow as you provide the casino with more players.
Mixed Models
How casinos approach their affiliate programs is not set in stone. Some will combine revenue share and CPA methods, while others might offer payments in advance for long-term affiliation.
Benefits
- You get paid according to your performance, meaning there is potential for growth
- You can measure your progress by tracking your returns
- There are many famous and trustworthy brands to work with
Problems
- The industry is gigantic and very competitive
- Depending on the economy and other factors, income can be unstable
- It can be difficult to find players who stick around
Verdict
While casino affiliation is not a quick fix or a sure-fire way to make money, it can be lucrative if you put in the effort and have patience. Online casinos continue to become more popular, and if you are a person with gaming experience, it can greatly benefit your income stream
