WPTonline affiliate program

[AceKicker]

Anyone here planning on promoting WPTonline? They just kicked off their affiliate program. They don't take bets from US citizens, but their branding is huge. I imagine that they'll be popular with players outside the US. I'm gonna give 'em a try.

http://www.wptpartners.com/login.asp

[deepak7]

I would like too. But i saw that the only methods for payment are check and netteller (which I cannot use in my country).
So... if they add wire or wpt online account... I WILL promote them

[Kyle]

I wonder if they allow Canadian residents to bet?

[JBlixt]

I am an affiliate of WPT. Just got up and running the other day.

Canadians are ok. At least they have canadian banners...

[AceKicker]

Another incentive to promote WPTonline is if you own their stock (WPTE). It's trading for around 6 bucks. Their market capitalization is about 1% of Party Poker's market cap. If they can get 10% of the players that Party has, shouldn't their stock be 10% the value of Party Poker's stock? If so, their stock would be worth 60 bucks. It seems achievable if they can get their affiliate program going. Even if they only get 5% of the players that Party has, that would put their stock at $30. The only downside is that they can't recruit players from the US. However, isn't most of the growth outside of the US these days? Canada, South America, Europe, and some parts of Asia are growing.

Anyways, just rambling. Would like to hear other people's thoughts on this.

[Georgia Poker]

Originally posted by AceKicker@Jan 21 2006, 06:07 PM
Another incentive to promote WPTonline is if you own their stock (WPTE). It's trading for around 6 bucks. Their market capitalization is about 1% of Party Poker's market cap. If they can get 10% of the players that Party has, shouldn't their stock be 10% the value of Party Poker's stock? If so, their stock would be worth 60 bucks. It seems achievable if they can get their affiliate program going. Even if they only get 5% of the players that Party has, that would put their stock at $30. The only downside is that they can't recruit players from the US. However, isn't most of the growth outside of the US these days? Canada, South America, Europe, and some parts of Asia are growing.

Anyways, just rambling. Would like to hear other people's thoughts on this.

Ah, I wish the math worked like that....

Too tired to explain the math right now, I'll elaborate tomorrow if no one else chimes in.

There are many other variables that come into play besides 10% market share meaning their stock will go X10.

Still a good program to promote though I'm sure.

[AceKicker]

I wasn't referring to % market share. I was referring to actual players. Lets say Party Poker has an average of 70,000 players online at any given time. Their market value right now is 12 billion dollars on the london stock exchange. If WPTE can get 10% of that number, 7000 players online at any given time, could you estimate that their market value should be around 1.2 billion? At 1.2 billion, WPTE's stock would be at around 60 (which is 10x what it is today). I know it may be a little less because Party has better margins, but if you factor in the other assets of WPTE (the tv show and the branding rights), I would say it should be close.

The above method is valuing based on revenue. I understand that you also have to factor in earnings, which may put WPTE at a smaller multiple. Nevertheless, it still seems like a potentially good investment if you think WPTonline can eventually get 7000 players playing simultaneously.

I'm sure my numbers are somewhat out of whack, and i'll surely get blasted for it. I'm speaking in very general terms and using very basic math to arrive at a target price. Regardless, my point is that WPTE seems like a really good investment right now if you believe that their player numbers will grow. Their stock is trading nears its all time low. If their player numbers grow, their stock price should follow suit.

Some here have mentioned that Party's stock or PokerStars' stock (if and when they IPO) is a good investment. But how many players do they have to add to make their stock double? My argument is that WPTE stock is more likely to double, triple, or quadruple than Party or Stars because WPTE potentially has a higher growth rate. The only question is whether their site gets more players. I think with the rollout of their new affiliate program, it will only be a matter of time. Titan Poker has only been out for a few months, yet their numbers have grown substantially since affiliates have been promoting them.

(I have a feeling I'm going to get blasted for this post!)

reluctantly hitting the submit button........

[the27offsuit.com]

many factors influence the stocks prices, not just number of players

the main ones are

Supply and demand, The more people want it the more the shares are worth, Hence if no one wants them they aernt worth anything.

Also earnings , this is the most important factor that affects a companys value. earnings are the profit companies make, They dont make a profit they dont stay in business. Analysists base a companies value on future earnings , so if a company suprises analysists and make more then expecte the stock prices generally jump, The oppisit is true if they return less then expected earnings.



For the part on player numbers, thats tricky , a site can have a million players but if there not playing enough and generating rake the site is not making $$.

[Sarah-Jane]

Hi guys,

This is Sarah-Jane - I just joined PAW. I'll be the working with the WPT Online Affiliate Program (www.wptpartners.com). Some of you may already know me from Income Access.

We're really excited to get going with this program... like you guys have mentioned this brand is really hot. We really think this program is going to be big despite the fact that US players can't deposit... Canadian and Europeans are big poker players though, forces not to be ignored! (as a Canadian poker player, I can vouch for this)

We're going to be rolling out some more official announcements soon, so stay tuned...

Looking forward to chatting with you all!

Cheers,

Sarah-Jane
affiliates@wptpartners.com

I just do not see a point to promote this site if you are in America. I definitly would if you can play while in the US, but I am a big believer in offline marketing, and this cannot be done. Good luck though Sarah-Jane