We’re excited to announce a new TrueBet feature that we believe will be a game changer for our group owners. TrueBet group owners can now make money on their groups by charging a monthly fee to be part of their groups. Think of it as creating your very own VIP betting club, where members gain access to a juice-free betting environment – all while you earn a share of the profits.
Here’s how you can get started:
- Navigate to the “Groups” page
- Click on the “Create a Group” button
- Set group name, password, and all other group information
- Turn on the “Paid Group” option using the toggle
- Set a monthly fee – a subscription fee other group members have to pay to be in your exclusive group.
- Create Group
- Invite friends
- Start making money ($)
If you’re interested in a more in-depth, step-by-step tutorial, check out our paid groups tutorial.
More on paid groups:
- You must be a gold member to create a paid group.
- You can charge each group member between $3 and $100 (monthly)
- You will receive 40% of the revenue your group generates.
If you create a group of 100 paying members at $10 each, not only will you have a platform to place bets without juice, but now, you will also be raking in $400 monthly recurring revenue. Not too shabby!
We recommend setting the monthly fee based on the type of bettors who will be in your group. If you plan to invite high-rolling, experienced bettors who throw away $ thousands in “juice” every year, you should set a high monthly fee. But if you plan to invite newbies, set a low monthly fee.
Group owners are the cornerstone of TrueBet, and we wanted to reward them; revenue sharing is our answer. We want TrueBet group owners to benefit as we continue to grow. We’re extremely excited about this feature and hope you are as well!