Let’s start by taking a look at some of the pros of becoming an online casino affiliate and then we can take a look at some of the cons. First of all we know that the online gambling industry has seen a significant growth in player participation from 2008 to 2014. Although there is nothing to suggest that the area will continue to grow, we can make a fairly reasonable prediction and say that it is likely to continue growing. There is also a pattern which proves that Christmas and the Winter months also sees an increase in online gambling participation, so even more cash can be made over these periods.
Online Casino affiliates can earn lots of money and they can even choose how that money can be earned. For example you can receive one-off referral fees if you are looking to earn a quick buck, or you can take a lifetime in commission from the players that you have referred to the casino. If you are willing to take the second option, it may take slightly longer to generate a decent income, but if you end up catching a high roller you could end up become very rich based on what that player spends in the casino. The precise rate is variable, but affiliates can earn between 20% and 40% through revenue share.
You may not even have to create your own marketing designs if the affiliate program that you have signed up to provides you with their advertising and marketing materials such as press releases, banner ads and logos, etc. This makes being an affiliate a very easy job on that front. Affiliate programs fully want you to succeed and will assign you with your own affiliate manager to help you become a success. They do this because if you make money it means that they are making even more money so it's win-win situation.
Your affiliate manager will be able to answer any questions that you may have and will be able to help with advertising and also marketing your links. They can also negotiate a better commission percentage for you. Even if you are brand new to affiliate marketing and don't yet have a website or blog you can still use free resources such as social media sites like Facebook, twitter, Instagram and YouTube etc. to promote your links and hopefully make money. Therefore you can theoretically start earning a living without ever investing a penny.
Let’s now take a quick look at some of the cons. Online casino affiliate programs do not guarantee that you will make money. Also, if you opted for the one-off referral fee, you won’t ever be able to make any more cash from those players. This would be a nightmare if your referral ended up spending millions at the casino. Likewise, if a player never spends a penny in the casino but you opted for the second option (lifetime in commission) you will have missed out on the initial referral fee as well.
Promoting your links without a website is very easy through free resources such as Facebook and twitter etc. but remember that by doing this you are limiting your audience to only the few who have access to your account such as 'friends' and 'followers', unless you widened your approach and use Facebook Ads which will cost a bit. This starts from as little as $1 a day.