Thanks for the replies.
To me, it just seems like a waste of time to promote something like this, where deposits of $1,000 yield only a few bucks in the end. I only have so many hours in the day, and if promoting casinos is going to be 10 times as profitable, why should I even bother with poker?
Wes, you say that it takes time to make money from poker players. Point taken. I’m curious though, about how the math would work out in the long run…
Say I have two players. I send one to a poker room, and one to a casino. Each guy has $1,000 to spend each month.
In 6 months, the casino guy would make me around $1,800. ($1,000 x 6 months x 30% = $1,800)
The poker guy, on the other hand…. well, at AP, I would make $1,000 x 6 months x roughly 0.34% = $20.40, plus whatever he wins in the games and plays back.
Now, in order for me to make decent money with poker, my poker guy needs to be a winner, right? The more money he takes from the other players, the better off I am. If he sucks, and if he keeps depositing fresh money all the time, I might make a few bucks here and there, I suppose (well, not at AP, that’s for sure). But certainly nowhere near what I would make if the guy played casino games instead….
For me, this is a question of where to put my energy. If I build 10 more casino sites, I could potentially increase my revenue tenfold (that would be sweet). If I build 5 new poker sites and 5 new casino sites, I might increase my revenue by 5 times for the casino side, and by “who knows how much” for the poker side — potentially the revenue increase could be very low, at least initially. From a financial perspective, it seems like the better thing to do would be to build 10 more casino sites and zero poker sites.
Obviously there is a lot of money to be made in poker — it’s a huge industry, and some affiliates do very well with it. If I can figure out a way to attract good players, I might stick with it. That’s the key, I think… refer experienced players. Or refer average players and *hope* they become great players quickly, and *hope* they aren’t stolen by a rakeback affiliate in the future.