Making A Living As A Casino Streamer

[eezee]

I have oftened wondered how being a casino streamer is sustainable. Obviously he or she couldn't rely solely on winning/luck. The streamer would have to be pretty wealthy to rip week in week out.

  So my question is really ,does affiliation cover stakes and a wage? I have absolutely no problem with affiliation and have actually used HS links for sign ups. I'm not after figures but just an answer to a question that must puzzle most viewers.

 

[2Jags]

Great question, and in short the answer is yes, if you're successful. The problem streamers face is getting to a point where you've built enough of a following so that people want to help and use your links. This usually takes a long time, and being able to afford the loses and costs up to that point is a big factor. The amount we receive in affiliation is relatively small compared to the amount we put through the slots each month. It's also something where the income and outgoings varies massively each month so we try to look at this with a long term view. Each slot we play can be hundreds up or down, and so over the month we can be thousands up or thousands down.

Now the affiliation is similar in that the income fluctuates massively, however, you can't have a losing month - we never owe the casinos anything. We have good months and bad months, and the affiliation certainly does not always cover the loses. So the jeopardy is 100% real, just like when anyone plays. We hope that at some point the channel will grow and the affiliate income will exceed the expenditure every month, but at the moment this isn't the case. Some other channels will be performing much better, and others no doubt not so good. I'm sure with more effort we will get there, but i'd like to say thanks to you, and anyone else that has used our links for supporting us financially, and allowing us to continue to build the channel. We both very much appreciate it.

 

 

[Slots Ever After]

34 minutes ago, 2Jags said:

Great question, and in short the answer is yes, if you're successful. The problem streamers face is getting to a point where you've built enough of a following so that people want to help and use your links. This usually takes a long time, and being able to afford the loses and costs up to that point is a big factor. The amount we receive in affiliation is relatively small compared to the amount we put through the slots each month. It's also something where the income and outgoings varies massively each month so we try to look at this with a long term view. Each slot we play can be hundreds up or down, and so over the month we can be thousands up or thousands down.

Now the affiliation is similar in that the income fluctuates massively, however, you can't have a losing month - we never owe the casinos anything. We have good months and bad months, and the affiliation certainly does not always cover the loses. So the jeopardy is 100% real, just like when anyone plays. We hope that at some point the channel will grow and the affiliate income will exceed the expenditure every month, but at the moment this isn't the case. Some other channels will be performing much better, and others no doubt not so good. I'm sure with more effort we will get there, but i'd like to say thanks to you, and anyone else that has used our links for supporting us financially, and allowing us to continue to build the channel. We both very much appreciate it.

 

 

What a brilliant open and honest answer!

You will continue to grow because you are not only great streamers but also really nice people.

[eezee]

Thanks 2jags!

[Fish on the river]

Very interesting and open response. However this makes me wonder, if you're losing money most months, how do you get around source of wealth checks? It seems strange to me that a casino would allow someone to be playing high stakes, doing multiple $5000 to $10,000 bonus hunts a month, with no discernable income.  

I also want to say I enjoy the channel and wish you good luck with the channel moving forwards!

[Hideous]

The source of wealth is an issue when based in the UK, and we were lucky that it never really caused us a problem. That was just luck though as we never really "totally" ripped at one Casino, and rather ripped moderately at a lot of Casinos. This also highlights an overall problem with the Source of Wealth / Player Protection measures as a whole, as we did move over £23k behind and were still able to find places to play without issue. Outside of the UK SOW is less of an issue, but please also remember that we were getting really good bonuses that were making our money last a lot longer than it usually would raw. We haven't had them for a while, but hopefully we will get some again soon!

[Fish on the river]

,I had completely forgotten you weren't in the UK anymore, and I also agree that the uk source of wealth is full of holes. To me it seems like political box ticking and actually doesn't help people who have problems with gambling responsibly.

Going back to the original question of this thread, making a living as a casino streamer, it seems to me that it's impossible to know your customer acquisition cost, because of the nuances of playing slots. By that I mean you don't know In advance how much you will win or lose over the month, which means you don't know in advance how many sign ups you will need over the month to cover the cost of the unknown losses. 

To me as a viewer, I like to see someone that I think enjoys playing slots, rather than someone doing it as a means to try and make money, and I can tell that you enjoy the gambling game, and I also like the fact you have built a community, so if someone feels they have a problem there are people they can speak to. I really don't get the sense that you're a heartless bastard who only cares about himself. 

Thanks for answering and again, good luck with the channel moving forward.