I wint agree with you on this topic, since to me, referral programs are one of the best means of earning passive income. But it all depends on how the individual engages and the rate of their activities, we have many channels of refers operations and it all depends on your approach to things because that determines what you take from the program.
Referrer bonuses for earning passive incomes?
Just how do you mean?
What happens to your capitals or fundings?
I think the statement as a whole refers to gambling other than a specific package meant to reward those who play often or those who happens to be lucky depending on the way the bonuses are been dispersed.
Still, referrer bonuses isn't a waste of time. It's rewarding most and if you ain't getting it, there are those that are getting it and I don't think it's mot helping unto them. Else, why would it be some sort out for criteria by gamblers? It helps and goes both ways too.