iGaming revolves around the fascinating world of online games that fetches the users awards and lucrative benefits upon winning. From casinos to poker to sports betting, iGaming is one of the most enthralling branches of e-sports.
In this instance, affiliate marketing refers to a method of attracting new players using customized links that link the player who was suggested to the partner who made the original recommendation.
There is a lot of money that is involved in the iGaming industry and therefore, the users should play it with caution and responsibility.
Affiliate marketers act as a bridge between the game operators and the potential users and help the game operators cater to a large set of audience.
iGaming refers to online bets that wager on the future result or outcome of an event or game. The likes of Sports Betting, Casinos, Poker and eSports falls under this category and several users are attracted to this fascinating world.
Since everything happens online, all one needs is a smartphone or a laptop and they will be ready to earn a lot of money by wagering on these bets.
Online gambling is still controversial despite its widespread use; in fact, some nations have outlawed it completely.
To understand about affiliate marketing in iGaming, we need to be well-versed with the idea of iGaming traffic. The traffic measures the visits which users make to the iGaming website. It is measured in visits and there are several sources of advertisements that one can put on a website, depending on the traffic.
Some of the places where one can put advertisements in a website are:
iGaming Affiliate Marketing can be a lucrative method to earn money. Since such a huge audience is involved, the affiliate marketers can benefit largely from a few business models.
For every player you recommend to an iGaming site, as an affiliate, you will get a gaming commission; however, the amount you get depends on how much the player plays.
Affiliates receive a portion of the net revenue that players they recommend to the iGaming operator make under the revenue share model. The entire amount of bets made by players less any winnings and bonuses, after deducting operating expenses and taxes, is how net revenue is normally determined.
With a growing player base, one can expect a good passive income source from the revenue share model. Since this is a partnership-based model, affiliates and the users share both the profits and the losses.
This model revolves around the process of compensating affiliates based on the successful conversion of players based on the predefined acquisition criteria. From making an initial deposit to wagering a particular amount, the moment an acquisition is made, the affiliates get compensated.
The amount you get could be a percentage of the player’s original deposit or a fixed amount determined by the affiliate network or advertiser.
Affiliates in this model are simply rewarded and compensated for the leads they give to the iGaming operators. A new player who creates an account, downloads the casino software, and logs in for the first time could be considered a lead in the context of online casinos. Every successful lead translates into cash for you.
Affiliate marketing in iGaming forms a core part of its marketing methods and helps in the acquisition of new leads and users. In fact, it is often considered more than just a marketing technique as it helps forge a strategic partnership between the gaming operators and the users.
By signing up with a good affiliate program, gaming platforms and operators can adapt to changing market trends and can ease out on the process of user acquisition. iGaming companies can meet their business objectives and goals if they partner with a good affiliate marketing company.
Ans. iGaming refers to online games that help in users winning rewards and money. Some of the common iGaming streams include online casino, poker, eSports and roulette.
Ans. Affiliates can earn money in iGaming affiliate marketing through the following models
– Revenue Share Model
– Cost Per Acquisition (CPA) Model
– Cost Per Lead (CPL) Model
Ans. Yes, Affiliate Marketing in iGaming is legal. But it has several legal requirements and compliances to be fulfilled.
Ans. Ans. Some of the benefits of affiliate marketing in iGaming include:
– New-user acquisition
– Enhanced brand visibility
– Cost-effective customer acquisition
– Performance-based marketing