By Emmanuel Chukwu
Sports betting programs have become one of
the best ways to generate income today. People like to bet on their
favorite sports or teams they support, leading bookmakers offer
incentives for new accounts and around all that operate well organized
affiliate programs paying high percentage recurrent commissions to the
affiliate. But there is another method you can utilize to boost your
income bookmaker affiliate programs.
In addition to generating income for yourself via your commissions for referring new account holders to the bookmakers you can increase that and earn extra commissions by referring other affiliates as well. This is known as a "two-tier" program and is well worth looking out for when you are deciding which sports betting affiliate programs to promote or perhaps looking to get in to new ones. Make sure they operate a two-tier sub-affiliate option so you have the opportunity to enhance your commissions via the work of others.
By referring other affiliates you can typically expect to earn around 2% - 5% of the commissions generated by sub-affiliates you refer. That might not sound like much however it is literally money for nothing for you - because you have earned it through the efforts of the affiliate you referred - and if you refer a number of active affiliates it can soon add up in to a tidy additional income stream.
For example let's say you refer ten new affiliates to a bookmaker's program which will pay you even just 2% of their commissions. Each of your ten sub-affiliates generates $100 per month or $1,000 in total between them. You get 2% of that ($20) for doing nothing. And it's on top of any commissions you generate for yourself directly.
You can do this for any affiliate program operating a sub-affiliate referral opportunity. It does not have to be related to sports betting however you can see the potential here. Most programs these days offer great ways for affiliates to earn extra income if they refer other affiliates.
You can usually get all the promotional tools you need to refer sub-affiliates from within your own account. These usually include specific text-links and banners. You can use the statistics and reports also from within your account to see how many people are clicking on your sub-affiliate links, how many have converted and how much commission has been generated for you by your sub-affiliates.
To sweeten the pot even more, some operate to deeper levels of sub-affiliation and you can even earn a slice of affiliate referrals your affiliate referrals make. So to demonstrate this by extending the example above, and depending on if a multi-level sub-affiliate scheme is in use, you could be earning say 0.5% of commissions generated by affiliates referred by affiliates you have directly referred on top of your own direct commission and commission earned by your direct affiliates.
Betting affiliate programs can work well in these circumstances for the reasons outlined earlier in this article. People like to bet on their favorite sports and teams and the new account incentives offered by the major bookies convert well and offer high recurrent commission shares to affiliates. Add to that the extra potential for commissions from sub-affiliates and it can all add up to a nice extra income stream.
In addition to generating income for yourself via your commissions for referring new account holders to the bookmakers you can increase that and earn extra commissions by referring other affiliates as well. This is known as a "two-tier" program and is well worth looking out for when you are deciding which sports betting affiliate programs to promote or perhaps looking to get in to new ones. Make sure they operate a two-tier sub-affiliate option so you have the opportunity to enhance your commissions via the work of others.
By referring other affiliates you can typically expect to earn around 2% - 5% of the commissions generated by sub-affiliates you refer. That might not sound like much however it is literally money for nothing for you - because you have earned it through the efforts of the affiliate you referred - and if you refer a number of active affiliates it can soon add up in to a tidy additional income stream.
For example let's say you refer ten new affiliates to a bookmaker's program which will pay you even just 2% of their commissions. Each of your ten sub-affiliates generates $100 per month or $1,000 in total between them. You get 2% of that ($20) for doing nothing. And it's on top of any commissions you generate for yourself directly.
You can do this for any affiliate program operating a sub-affiliate referral opportunity. It does not have to be related to sports betting however you can see the potential here. Most programs these days offer great ways for affiliates to earn extra income if they refer other affiliates.
You can usually get all the promotional tools you need to refer sub-affiliates from within your own account. These usually include specific text-links and banners. You can use the statistics and reports also from within your account to see how many people are clicking on your sub-affiliate links, how many have converted and how much commission has been generated for you by your sub-affiliates.
To sweeten the pot even more, some operate to deeper levels of sub-affiliation and you can even earn a slice of affiliate referrals your affiliate referrals make. So to demonstrate this by extending the example above, and depending on if a multi-level sub-affiliate scheme is in use, you could be earning say 0.5% of commissions generated by affiliates referred by affiliates you have directly referred on top of your own direct commission and commission earned by your direct affiliates.
Betting affiliate programs can work well in these circumstances for the reasons outlined earlier in this article. People like to bet on their favorite sports and teams and the new account incentives offered by the major bookies convert well and offer high recurrent commission shares to affiliates. Add to that the extra potential for commissions from sub-affiliates and it can all add up to a nice extra income stream.
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