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I have been working with VIP sports for sometime and it has been doing OK for me. I was talking to the aff manager about the Miami get together and wanted to know if there is much interests from our group in promoting Sports aff programs.
Can you share with me if you are doing Sports book promo or are interested in promoting it? I do not see much chat about this at CAP.
Brian
I think most of us here are Sportsbook dabblers. I promote VIP also with some success (not huge money) and would love to learn more about how to make money with this market segment.
My thoughts are its VERY competetive and unless you have a wealth of live game data and stats analysis on your site it probably won’t be popular with real sports bettors. I looked at licensing the necessary data feeds and an analysis package that was robust enough to be competitive and sticky with players and it ended up pricing out at something like $10k-12K in launch costs with an ongoing license fee of aprox $6500 per annum. This was WITHOUT a dedicated server with enough bandwidth to host this pig plus the time factor of maintenance and support and then advertising costs which are similar to casinos if not worse.
Because I have never realized more then $2000 – $3000 in a calender month with sports books I couldnt pull the trigger. I figured for the same investment in advertising of my casino portals I would see higher returns (at least I could project profits, the devil you know is better then the one you dont).
My two cents
I am kind of shy of sportsbooks because of the political climate.
So I only promote one anymore – one of Cedrik’s templates, and I send traffic directly.
It works very nicely and the players I get are very loyal and bet all the time. I am happy with it, but would be worried about starting any open promotion, like sites.
