The world of a sports betting affiliate is one that is as full of variety and opportunity as that of the industry it serves. Online sports betting has become one of the largest industries on the Internet both in terms of financial turnover and membership. It’s notoriety and popularity have meant that year on year the membership numbers swell. It has developed into an online phenomenon, raking in billions each year. But through affiliate programs this wealth can finally be redistributed to Internet users of all sizes and stature.
The affiliate program works as a reward system for website owners, who host advertisements from companies, in this case that of sports betting sites. For the affiliate this is a golden opportunity to make their web space into a useful earning plot rather than a stagnant place. The affiliate receives all of the banners, text links and even in some cases e-mail documents ready for mass sending, for absolutely nothing. Therefore there is no implied risk or up front capital that is necessary to begin a venture into the world of affiliate marketing. The simplicity and ease with which new affiliates can obtain this paraphernalia is one of the key reasons why so many have joined this, and other affiliate marketing programs on the Internet.
The other reason that so many have decided to host affiliate sports betting banners is the simple monetary factor. Most affiliate programs may offer you a small percentage of a sale or a few dollars up front for passing on a customer, but look smartly in the sports betting field and the rewards are much higher. Imagine for example earning not just a small percentage for a one off bet or a couple of months, but between 20 and 35% of a player’s entire lifetime on a site. This introduces the availability of some serious money into the equation, and is also what has drawn many people into becoming serious sports betting affiliates. The more fully signed up betting customers an affiliate can attract, the more they are liable to earn, therefore the onus is well and truly on affiliates to get out there and sell their product.
In turn the affiliate is also supplying the sports betting site with hugely valuable and potentially lucrative customers. The affiliate is more than pleased to earn just 25% whilst the sports betting site is benefiting from the remaining 75%, which may be slightly depleted but far better than nothing. Many affiliate programs also protect the affiliates from making a loss, something that even bookmakers are susceptible to. Therefore the sports betting site does have the element of risk on their side, but it is an industry born out of such things, so it is barely surprising. The beauty of the affiliate marketing program is the success that it reaps. Simply by rewarding affiliates handsomely the sites get what they want, and just by adding banners the affiliate gets the money they want. It is a win win situation, in which both parties do all they can to promote themselves and each other in order to profit further from the financial rewards.