well I understand your points. I believed referral bonus is given to someone when the customer refer the site link to a friend. And I have been receiving such email from casinos but I ignore them. While welcome bonus is the one we get when registering to a new casino site but I registered to a casino recently which promised me to to give welcome bonus but I didn't see anything. That is not withstanding. Many gamblers join some casinos because of the bonus while some abuse these bonuses. Though some use it to win big, that is their luck.
You are very correct but then not just a refers bonus given to a gambler when someone register through the link, but also it goes further to as how much wager does the gambler downline have and what becomes of them at the end of the month and in total it is paid out to the gamblers monthly, so that becomes both referral and affiliate.
So much so the bonus is or subject to wager requirements like the welcome bonuses where you have to wager it at the end of the day which will increase your own risk.
Well, unlike welcome bonus or deposit bonus which are also both different types of bonuses, referral bonus like i mentioned or said before doesn't come with s wager requirement, and also, different casino's structure or design their referral bonus program in different ways. some casinos make it passive earning for the affiliate marketer, just the same way from crypto exchanges do, while some other casinos make it a one-off payment for the affiliate marketer.
For the casino that make their referral bonus system a passive income opportunity for the affiliate marketer, it's just like you have said, the marketer is paid based on what the amount of money the person referred deposit and wager on the casino, this payment could be time-based or not, depending on what the terms say, and i have never come across one of such payment with wager requirement as you stated, affiliate marketer is always able to withdraw or play with this money at will.
It seems like you are quite knowledgeable about affiliate systems. Do you yourself make money with such programs? I am just curious to know how the work looks like and how much a normal newbie would earn after 1-2 years.
I assume that you are not an influencer or anything, so how do you get people to sign up and gamble with your link?
I realize that one option is close family and friends. But I consider that to be a bit small time. If one is serious about making money with referrals and such, then there must be a serious strategy behind it.
Thats the part I am curious about.