Referral bonuses are waste of time - page 44.

BobK71

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Quote from: wiss19 on April 05, 2023, 12:16:03 PM

Quote from: 1miau on April 03, 2023, 06:27:27 PM

Quote from: GazetaBitcoin on April 03, 2023, 11:57:20 AM

My advice? Stay away from any MLM or referral scheme. You'd only save your time, neurons and money.

I can really agree here.
MLM should be avoided right away as it's only a scheme to enrich founders (and sometimes early investors, which is never safe of course, should one be trying to be an early investor). It's just not profitable and finally, people will lose money.
It's best to avoid MLM and don't participate in it, see also my topic MLM - a dangerous marketing stratgy

Referral rewards are too tiny or if they are too good to be true, they are not true (because it's not a vital concept for an operator to spend endless money on referral rewards after all). See point 2 in my topic above (2. MLM causes significant costs)
Instead of reflink, MLM and co., there are so many better ways to earn honest money.

MLMs and referral programs are too very different things altogether. An MLM scheme requires you to get a certain amount of referrals which should invest for you to make money, it is a one-time payment until your referrals make referrals of their own, etc. But a referral program is different where it's an optional opportunity provided to you to earn a few extra bucks on top of what you do in a platform.

If you are a gambler, you can get a decent amount of money if you can get some active referrals who regularly deposit and play, giving you a percentage of what they are wagering or depositing. So, it's different from MLM schemes.

Agreed, there are also exceptions in some other respects. In the MLM system they will not get any earnings until their referrals are fulfilled. That is, if left or right is not equal, then referrer will not get any advantages. But gambling sites are completely different. The few referrals that are active here will get the bonus and a portion of the referrals will be paid as long as they continue to gamble. So it has no similarity with MLM system.

Mr. Magkaisa

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Quote from: efialtis on April 05, 2023, 02:21:14 AM

It`s been said often enough, just to make sure, I will repeat it again - referral programs aren`t the same as affiliate programs, even though many people mix it up. Wink

Even operators sometimes fail to realize that there is a difference. Wink

Anyway, are you guys aware of the fact there even are gambling affiliates that are listed on stock exchanges?

Money can be made... Wink

- Yes, you may be right in what you said, mate, because before I remembered that when you share your referral link, you will receive crypto immediately even if you have not deposited yet, and there is also the fact that you will only receive a commission when the person deposits under your link .

Even if you have already signed up, you will not be able to get commission rebates until there is no deposit made when you clicked on your referral link.

Lanatsa

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Quote from: piebeyb on April 05, 2023, 03:50:28 AM

Quote from: efialtis on April 05, 2023, 02:21:14 AM

It`s been said often enough, just to make sure, I will repeat it again - referral programs aren`t the same as affiliate programs, even though many people mix it up. Wink

Even operators sometimes fail to realize that there is a difference. Wink

Anyway, are you guys aware of the fact there even are gambling affiliates that are listed on stock exchanges?

Money can be made... Wink

but most casino sites mix it up, after all, the work is the same, namely promoting referral links, it's just that the difference is in bonuses, usually affiliate links have bigger bonuses while referral links get less bonuses, but the way both of them work is the same, usually on sites the exchange doesn't mix it up only some casinos do mix it up, same or not that's for sure how it works the same Wink

If you dont know on whats the difference about referral and affiliate.Here's some short read.
https://supermetrics.com/blog/referral-program-vs-affiliate-program

Overall it would really be just the same because not all context been state on the link given above where actually that precise yet we know that referrals arent those someone
who are close to you and also could be other person or random fellas which signed under you which do falls into the category of affiliate marketing but in
general or overall sense, it is really just the same.

wiss19

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Quote from: 1miau on April 03, 2023, 06:27:27 PM

Quote from: GazetaBitcoin on April 03, 2023, 11:57:20 AM

My advice? Stay away from any MLM or referral scheme. You'd only save your time, neurons and money.

I can really agree here.
MLM should be avoided right away as it's only a scheme to enrich founders (and sometimes early investors, which is never safe of course, should one be trying to be an early investor). It's just not profitable and finally, people will lose money.
It's best to avoid MLM and don't participate in it, see also my topic MLM - a dangerous marketing stratgy

Referral rewards are too tiny or if they are too good to be true, they are not true (because it's not a vital concept for an operator to spend endless money on referral rewards after all). See point 2 in my topic above (2. MLM causes significant costs)
Instead of reflink, MLM and co., there are so many better ways to earn honest money.

MLMs and referral programs are too very different things altogether. An MLM scheme requires you to get a certain amount of referrals which should invest for you to make money, it is a one-time payment until your referrals make referrals of their own, etc. But a referral program is different where it's an optional opportunity provided to you to earn a few extra bucks on top of what you do in a platform.

If you are a gambler, you can get a decent amount of money if you can get some active referrals who regularly deposit and play, giving you a percentage of what they are wagering or depositing. So, it's different from MLM schemes.

LUCKMCFLY

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Quote from: btc78 on March 24, 2023, 08:01:33 PM

Quote from: Ojima-ojo on March 24, 2023, 06:04:42 PM

If roobet offers me a referral offer and I see it as a lucrative and way to be more active in the casino and involve friends to also play there.

Even though some members may time it addictive and reproductive, it can be a good way to generate extra income from your activities.

and added as you are also a proud advertiser of that said site so why deny the fact of generating income while adding some promotion?
that is a win win situation on your part as doing your job and gaining , while the site is also gaining popularity and generating income.
addiction is not your problem because even without you they will still go to gamble so it is their choice and decision to make.

Well, I think that people are free to do what they have to to have some extra money, and if it's something like recommending it, it's not a bad thing, I also think that all of us who live in the forum and on other platforms are also here because this Children like it, and there is nothing more rewarding than doing what you like and getting paid to do it, I think that's what it's all about, right? If you put love into a job, I don't think you'll be knocked down, I know there are many envious people, and unfair accusations can be made in the jobs, it's the common denominator, but when it's shown that this wasn't the case, that's where it's expected To be retract, then earning by recommendation is a very good thing, at least I see it that way.

piebeyb

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Quote from: efialtis on April 05, 2023, 02:21:14 AM

It`s been said often enough, just to make sure, I will repeat it again - referral programs aren`t the same as affiliate programs, even though many people mix it up. Wink

Even operators sometimes fail to realize that there is a difference. Wink

Anyway, are you guys aware of the fact there even are gambling affiliates that are listed on stock exchanges?

Money can be made... Wink

but most casino sites mix it up, after all, the work is the same, namely promoting referral links, it's just that the difference is in bonuses, usually affiliate links have bigger bonuses while referral links get less bonuses, but the way both of them work is the same, usually on sites the exchange doesn't mix it up only some casinos do mix it up, same or not that's for sure how it works the same Wink

efialtis

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It`s been said often enough, just to make sure, I will repeat it again - referral programs aren`t the same as affiliate programs, even though many people mix it up. Wink

Even operators sometimes fail to realize that there is a difference. Wink

Anyway, are you guys aware of the fact there even are gambling affiliates that are listed on stock exchanges?

Money can be made... Wink

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Quote from: btc78 on March 24, 2023, 08:01:33 PM

Quote from: Ojima-ojo on March 24, 2023, 06:04:42 PM

If roobet offers me a referral offer and I see it as a lucrative and way to be more active in the casino and involve friends to also play there.

Even though some members may time it addictive and reproductive, it can be a good way to generate extra income from your activities.

and added as you are also a proud advertiser of that said site so why deny the fact of generating income while adding some promotion?
that is a win win situation on your part as doing your job and gaining , while the site is also gaining popularity and generating income.
addiction is not your problem because even without you they will still go to gamble so it is their choice and decision to make.

Well, I think that people are free to do what they have to to have some extra money, and if it's something like recommending it, it's not a bad thing, I also think that all of us who live in the forum and on other platforms are also here because this Children like it, and there is nothing more rewarding than doing what you like and getting paid to do it, I think that's what it's all about, right? If you put love into a job, I don't think you'll be knocked down, I know there are many envious people, and unfair accusations can be made in the jobs, it's the common denominator, but when it's shown that this wasn't the case, that's where it's expected To be retract, then earning by recommendation is a very good thing, at least I see it that way.

blockman

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Quote from: South Park on April 04, 2023, 04:12:34 PM

When it comes to gambling referrals it is not about quantity but the quality of the people you can refer, as many times the only thing you need to do is to refer a single whale and that can be more than enough to obtain good profits, however this is something difficult to do as whales prefer to play at the casinos in which they have already reached a high VIP status as this allows them to get huge bonuses compared to what they can get at other casinos.

There are referrers that think quantity is the best, it's like they're not thinking long term with their referrals and they're just like one-time referrals and that's all good and good.
I agree that it's about the quality and those that have been quality referrals will bring you more stable income by the way they're gambling. It's a niche that everyone should think of if they're for referrals and affiliate marketing.
The more quality they are, the more money you'll get as a commission from referring them and it's not going to be easy, there must be something you should do to take them and that's why too many helpful articles are there with attached referral links on some particular words.

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Quote from: South Park on April 04, 2023, 04:12:34 PM

Quote from: panjul07 on April 04, 2023, 09:15:51 AM

This is not completely correct, you do not need hundreds of referrals to make it worth as it is not about how many referrals you have but it is more about how much is wagered by your referrals.
It will be useless to have hundreds or thousands of referrals but 99% of them is inactive like what you are experiencing.
I'm not surprising if you earn small on freebitcoin while you have hundred of referrals since most people joined freebitcoin for free satoshi only.
Something different may happen if you have hundreds of referral in gambling site because most of them must be people who at least want to gamble.

When it comes to gambling referrals it is not about quantity but the quality of the people you can refer, as many times the only thing you need to do is to refer a single whale and that can be more than enough to obtain good profits, however this is something difficult to do as whales prefer to play at the casinos in which they have already reached a high VIP status as this allows them to get huge bonuses compared to what they can get at other casinos.

I usually don't take part in referral events, since the actual bonus I get from gambling is a good time. Watching any match is really interesting when you bet on it Cheesy

So, referral is actually, IMHO, a waste of time... Maybe it's useful for people trying to earn a thing by having many accounts in different casinos, but for fun it's not that interesting...

South Park

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Quote from: panjul07 on April 04, 2023, 09:15:51 AM

This is not completely correct, you do not need hundreds of referrals to make it worth as it is not about how many referrals you have but it is more about how much is wagered by your referrals.
It will be useless to have hundreds or thousands of referrals but 99% of them is inactive like what you are experiencing.
I'm not surprising if you earn small on freebitcoin while you have hundred of referrals since most people joined freebitcoin for free satoshi only.
Something different may happen if you have hundreds of referral in gambling site because most of them must be people who at least want to gamble.

When it comes to gambling referrals it is not about quantity but the quality of the people you can refer, as many times the only thing you need to do is to refer a single whale and that can be more than enough to obtain good profits, however this is something difficult to do as whales prefer to play at the casinos in which they have already reached a high VIP status as this allows them to get huge bonuses compared to what they can get at other casinos.

panjul07

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Quote from: mindrust on April 02, 2023, 12:43:59 PM

Quote from: Obari on March 16, 2023, 04:05:57 AM

In my opinion, I think referral bonuses are typically waste of one's time because of its processes that seems so impossible to claim and recently I came across a thread
https://bitcointalksearch.org/topic/looking-for-paying-online-casinos-for-refer-5437603 seeking for Casinos with paid referral bonuses and I tool out time to read most of the responses there and they all seem impossible to claim referral bonuses.
I wish to know if anyone has successfully claimed referral bonuses and how easy was the process and what Casino did you claim those bonuses

You'll need to have hundreds of referrals to make it worthwhile. I have more than a hundred refs on my freebitco.in account and only 1 of them is still active but I am lucky because he is constantly making bets, selling FUN tokens etc and generating me some nice sats every week. I agree with you in general though. Somehow I manage to collect these refs in the past but I probably wouldn't do it today because it is not worth my effort. Making money this way is not very time efficient.

This is not completely correct, you do not need hundreds of referrals to make it worth as it is not about how many referrals you have but it is more about how much is wagered by your referrals.
It will be useless to have hundreds or thousands of referrals but 99% of them is inactive like what you are experiencing.
I'm not surprising if you earn small on freebitcoin while you have hundred of referrals since most people joined freebitcoin for free satoshi only.
Something different may happen if you have hundreds of referral in gambling site because most of them must be people who at least want to gamble.

Oilacris

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Quote from: Bitinity on April 03, 2023, 05:03:48 AM

Quote from: MaterialMouse69 on April 03, 2023, 04:28:02 AM

It's really waste if you're doing referral, I experienced it because I try some gambling site and they have referral(bonus coin) and it's not worth it. For example, you need to invite like 50 people to get $15 worth of coin. See? Everything now is not free so work hard for yourself and don't waste your life doing referral or some things just to get freebie with no value.

It is free as long as you dont have to spend a single cent, if you need to invite some people to get the bonus but you say it is not free then how referral bonus should work? I'm not sure which casino that give you bonus coin for referring people, can you mention the casino here? I have never heard any casino give us bonus just by inviting people only and the bonus has no value at all. Even if it is true, means that it is your own mistake to invite people for nothing. In short, you decided to participate in the worst referral program while there are some other better program that gives you good chance to earn decent amount of money if you can refer active players/whales.

If you do love inviting then getting those satoshis or bonuses would really be just a freebie but just like the rest been saying that it isnt something that you would really be that be mindful
if we do speak about the amounts been given. You are really that right that you should really be not that minding yourself on inviting just because you are aiming for some rewards.
Its not really that worth but there are people who do love on inviting just because they do really love on inviting someone despite of the amount that it gives.

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Quote from: 1miau on April 03, 2023, 06:27:27 PM

Quote from: GazetaBitcoin on April 03, 2023, 11:57:20 AM

My advice? Stay away from any MLM or referral scheme. You'd only save your time, neurons and money.

I can really agree here.
MLM should be avoided right away as it's only a scheme to enrich founders (and sometimes early investors, which is never safe of course, should one be trying to be an early investor). It's just not profitable and finally, people will lose money.
It's best to avoid MLM and don't participate in it, see also my topic MLM - a dangerous marketing stratgy

Referral rewards are too tiny or if they are too good to be true, they are not true (because it's not a vital concept for an operator to spend endless money on referral rewards after all). See point 2 in my topic above (2. MLM causes significant costs)
Instead of reflink, MLM and co., there are so many better ways to earn honest money.

MLM is like a ponzi scheme. only those at the top are the ones earning decent money. as you go down the line, you are just like a pawn waiting for crumbs. but it is different from referral bonuses in casinos. some gamblers with good referrals (esp. high rollers) can really get a good passive income out of it.
but as just like any other bonuses inside the casino, you should not expect too much from it. especially if you know, you really don't have significant number of referrals.

1miau

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Quote from: GazetaBitcoin on April 03, 2023, 11:57:20 AM

My advice? Stay away from any MLM or referral scheme. You'd only save your time, neurons and money.

I can really agree here.
MLM should be avoided right away as it's only a scheme to enrich founders (and sometimes early investors, which is never safe of course, should one be trying to be an early investor). It's just not profitable and finally, people will lose money.
It's best to avoid MLM and don't participate in it, see also my topic MLM - a dangerous marketing stratgy

Referral rewards are too tiny or if they are too good to be true, they are not true (because it's not a vital concept for an operator to spend endless money on referral rewards after all). See point 2 in my topic above (2. MLM causes significant costs)
Instead of reflink, MLM and co., there are so many better ways to earn honest money.

GazetaBitcoin

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Quote from: mindrust on April 02, 2023, 12:43:59 PM

You'll need to have hundreds of referrals to make it worthwhile. I have more than a hundred refs on my freebitco.in account and only 1 of them is still active [...] Making money this way is not very time efficient.

This precisely proves my point. I would say though that it's not efficient at all. Multi-level marketing schemes are only loss of time and, in many cases, loss of money as well. That is for 90+% of total amount of participants. To reach the top of the ladder is very difficult, if not impossible. And, while those from the top of the ladder live nicely on the efforts made by the ones below them, the other ones are sweating and working hard for finding other referrals or for completing various tasks assigned to their level.

What I said above is speaking at large about pyramidal schemes. In some cases, these schemes are Ponzi schemes, such as One Coin or Bit Connect and, in these cases, situation becomes even worst for participants.

My advice? Stay away from any MLM or referral scheme. You'd only save your time, neurons and money.

Bitinity

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Quote from: MaterialMouse69 on April 03, 2023, 04:28:02 AM

It's really waste if you're doing referral, I experienced it because I try some gambling site and they have referral(bonus coin) and it's not worth it. For example, you need to invite like 50 people to get $15 worth of coin. See? Everything now is not free so work hard for yourself and don't waste your life doing referral or some things just to get freebie with no value.

It is free as long as you dont have to spend a single cent, if you need to invite some people to get the bonus but you say it is not free then how referral bonus should work? I'm not sure which casino that give you bonus coin for referring people, can you mention the casino here? I have never heard any casino give us bonus just by inviting people only and the bonus has no value at all. Even if it is true, means that it is your own mistake to invite people for nothing. In short, you decided to participate in the worst referral program while there are some other better program that gives you good chance to earn decent amount of money if you can refer active players/whales.

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Quote from: MaterialMouse69 on April 03, 2023, 04:28:02 AM

Quote from: cafter on April 03, 2023, 02:29:33 AM

i gained too many referrals but no active referral, through advertising on PTC sites, and i also won bonuses for referring them but the bonus was very hard to claim like too many terms and conditions are their , like you need to wager this much x to claim this bonus, and the referral should be active, etc.
i not earned real money just money their written that this is your bonus and a non clickable claim button at the bottom of the bonus,
and some site give bonus like my referral will deposit then you will get, some percentage of their deposit amount and some bonuses are like getting percentage of their website earning through referrals ,
if you have a good gambling related niche blog or youtube channel then you can convince users to make an account on that site, and in that way you have high chances to earn though referrals.

and for me the process was very hard to claim the bonus but finally i don't claimed any of the bonus, because, for active referral we need to be a good influencer in a way.

It's really waste if you're doing referral, I experienced it because I try some gambling site and they have referral(bonus coin) and it's not worth it. For example, you need to invite like 50 people to get $15 worth of coin. See? Everything now is not free so work hard for yourself and don't waste your life doing referral or some things just to get freebie with no value.

Any person that want to go for referrals bonus would have to have a community or group where he can drop his link for any other interested gamblers to check the link and join the casino. This is not easily done without having a community that you support you and likes you contents to the core.

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Quote from: cafter on April 03, 2023, 02:29:33 AM

i gained too many referrals but no active referral, through advertising on PTC sites, and i also won bonuses for referring them but the bonus was very hard to claim like too many terms and conditions are their , like you need to wager this much x to claim this bonus, and the referral should be active, etc.
i not earned real money just money their written that this is your bonus and a non clickable claim button at the bottom of the bonus,
and some site give bonus like my referral will deposit then you will get, some percentage of their deposit amount and some bonuses are like getting percentage of their website earning through referrals ,
if you have a good gambling related niche blog or youtube channel then you can convince users to make an account on that site, and in that way you have high chances to earn though referrals.

and for me the process was very hard to claim the bonus but finally i don't claimed any of the bonus, because, for active referral we need to be a good influencer in a way.

It's really waste if you're doing referral, I experienced it because I try some gambling site and they have referral(bonus coin) and it's not worth it. For example, you need to invite like 50 people to get $15 worth of coin. See? Everything now is not free so work hard for yourself and don't waste your life doing referral or some things just to get freebie with no value.

cafter

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i gained too many referrals but no active referral, through advertising on PTC sites, and i also won bonuses for referring them but the bonus was very hard to claim like too many terms and conditions are their , like you need to wager this much x to claim this bonus, and the referral should be active, etc.
i not earned real money just money their written that this is your bonus and a non clickable claim button at the bottom of the bonus,
and some site give bonus like my referral will deposit then you will get, some percentage of their deposit amount and some bonuses are like getting percentage of their website earning through referrals ,
if you have a good gambling related niche blog or youtube channel then you can convince users to make an account on that site, and in that way you have high chances to earn though referrals.

and for me the process was very hard to claim the bonus but finally i don't claimed any of the bonus, because, for active referral we need to be a good influencer in a way.

Topic: Referral bonuses are waste of time - page 44. (Read 8067 times)