Hold on — this isn’t another fluff piece. I’ll cut to the useful parts first: which channels actually move players, how to size CAC vs LTV with simple math, and three quick moves you can test in your first 30 days. This opening gives you real tactics first, and then we’ll unpack why they work so you can iterate faster.
Here’s the short map: paid search and affiliates still win for high-intent conversions, programmatic and social scale awareness cheaply, while CRM and push notifications salvage margin by reducing churn — and we’ll walk through exact ratios and sample calculations in a bit so you can benchmark your campaigns. Next, I’ll unpack the channel-level trade-offs in plain language so you can choose the right mix for your budget.

Why fantasy sports acquisition is different from general casino marketing
Something’s shifted — fantasy sports players behave more like fans than casual casino punters, and that changes how we acquire them. They enter with team loyalty, seasonal rhythms, and a hunger for content rather than pure offers, so creative and editorial acquisition works better than slapping a flat bonus in front of them. The difference matters when you pick creative formats and landing pages.
That fan-behaviour insight implies you should lean into content marketing and calendar-driven promos tied to major sports events, because seasonal spikes amplify ROI when acquisition aligns with competition windows; next we’ll get granular on channel tactics to exploit those windows without overbidding on CPC.
Top channels: costs, intent and when to use each
Quick observe: not all channels are created equal. Paid search gives you intent (people searching “fantasy sports sign up”), while social gives you scale but needs better creative to convert. Below is a compact comparison table to compare trade-offs and expected CAC ranges for AU campaigns.
| Channel | Primary Goal | Typical CAC (AUD) | Strength | Weakness |
|---|---|---|---|---|
| Paid Search | High-intent signups | $20–$80 | High conversion, measurable | Expensive on peak match days |
| Affiliate / CPA | Scalable conversions | $30–$120 | Performance-aligned, low upfront | Quality varies; rigorous tracking needed |
| Social (Meta/Reels/TikTok) | Awareness & top-funnel | $5–$40 | Scale, creative-led | Lower intent, needs retargeting |
| Programmatic | Broad reach / retargeting | $10–$60 | Audience targeting & frequency control | Ad fatigue; viewability issues |
| Email / CRM | Retention & reactivation | Low incremental CAC | Huge LTV upside | Requires quality opt-ins |
Now that you’ve seen the rough numbers, the next move is to synthesize them into testable channel mixes for early-stage campaigns that don’t burn budget; I’ll offer sample mixes next so you can copy-and-test quickly.
Three sample starter channel mixes (copy-and-test)
Quick model: allocate spend based on your expected CPA and available lifetime value (LTV). If your LTV is $250 and you want a 3:1 LTV:CAC, target CAC ≈ $83. With that in mind, these starter mixes are practical for new campaigns and each is designed to be testable within a single season.
- Performance-first (short season): 50% paid search, 30% affiliates, 20% CRM retargeting — good to capture intent and protect margin, and you’ll know fast if creatives or promos are working.
- Audience-growth (brand building): 40% social video, 30% programmatic retargeting, 20% content partnerships, 10% paid search — good for pre-season awareness when you need scale.
- Retention-heavy (lower spend): 60% CRM/email, 20% push/web, 20% low-cost paid search — useful for profitable evergreen pools where acquisition is harder and LTV must be mined.
These mixes show how channel mix depends on LTV goals and seasonality; next I’ll show the simple math you can run to validate an acquisition test before you commit serious spend.
Simple unit economics you can run in five minutes
My gut still checks the math — always. Here’s a short formula set you can paste into any spreadsheet to sanity-check campaigns before scaling:
- CAC = Total channel spend / New customers from channel
- ARPU (30d) = Total revenue from cohort / Customers in cohort
- LTV = ARPU × average active months × margin factor (e.g., 0.6 to account for platform costs)
- Payback period = CAC / monthly gross margin per customer
Example: if Paid Search yields 200 signups for $8,000, CAC = $40. If 30-day ARPU is $35 and expected active months = 6 with margin 0.6, LTV = 35×6×0.6 = $126, giving LTV:CAC = 3.15 which is decent — now we’ll discuss how to use this to set bidding and promo thresholds.
With that math in hand, you can set max-bid by reverse-engineering CAC from desired LTV:CAC, and the next section explains practical bid and promo rules that protect margins while scaling conversions.
Practical bidding and promo rules to protect margins
Here’s the thing: bonuses and welcome offers crush short-term CPA but sap LTV if abused. Rule-of-thumb: cap welcome cost to ≤20% of projected first-month LTV unless you have a proven reactivation plan. That simple rule keeps acquisition affordable while giving users enough incentive to experience the product.
Apply bid rules like this: on paid search, reduce max CPC on non-branded queries by 25% compared to branded queries; on affiliates, set tiered CPA that rewards quality (higher payouts after 30-day retention milestones). These pragmatic tweaks help you prioritize quality over quantity and we’ll follow up with tracking suggestions to measure quality in-flight.
Measurement: events, anti-fraud and affiliate safeguards
Something I learned the hard way: counting signups is a lie if you don’t filter fraud and bonus abuse. Implement first-party events (register, deposit1, deposit7), and track deposit-to-deposit retention ratios by cohort. Also run device/IP clustering to catch duplicates before you pay affiliates. These signals protect your CAC and make optimization meaningful.
For affiliate programs, include quality gates: delayed payouts at 7/30 days, chargebacks for detected fraud, and strict creative rules; next, I’ll show the exact tracking attribution stack that’s lean but audit-friendly for AU operations.
Lean attribution stack for AU fantasy sports operations
OBSERVE: you don’t need a full martech tower to start. Expand: use server-side event collection, a reliable click ID (GCLID/FB click ID), and a cleared last-touch + multi-touch view for reporting. Echo: over time, move to probabilistic matching only if user privacy constraints force it, but start with deterministic linking for accurate early learning.
Start with three components: (1) a tracking proxy to collect click IDs, (2) postback routing to affiliates and partners, and (3) a lightweight BI dashboard that ties daily CAC to 7/30-day revenue. Doing this keeps you honest and lets you scale bidding when returns are proven, as we’ll explain in the checklist below.
That dashboard image represents the workflow — clicks in, events validated, cohort revenue reported — and next I’ll give you a quick checklist so you can build this stack in a week without hiring an army.
Quick Checklist — what to build in week one
- Implement server-side event capture for register and deposit events, and test end-to-end.
- Set up campaign templates for paid search and social with unique tracking tokens.
- Define CPA tiers and affiliate quality gates (7/30-day holdback).
- Run a 2-week brand vs non-brand paid search test and measure deposit rates.
- Build an email reactivation flow for day-3/day-7 with a simple 1-click offer.
Complete these items and you’ll have the minimum viable measurement and acquisition plan ready to optimize, and next I’ll list the common mistakes that derail teams early so you don’t repeat them.
Common mistakes and how to avoid them
- Chasing raw signups without filtering fraud — fix: enforce KYC before paying full CPA.
- Over-indexing on bonus-driven users — fix: cap welcome cost and require deposit milestones.
- Ignoring seasonality — fix: model separate campaigns for pre-season, in-season, and off-season.
- Using one-size-fits-all creatives — fix: segment by intent (brand search vs social cold traffic).
Each error above costs time and money, and avoiding them will improve your effective CAC quickly; next is a short mini-FAQ to answer three practical questions marketers ask first.
Mini-FAQ (for beginners)
Q: What’s a safe initial CPA target for AU fantasy sports?
A: Start with CAC = 30–40% of projected 6-month LTV. If you estimate LTV at $150, aim for CAC ≤ $45 to keep room for scaling, and monitor deposit conversion rates weekly so you can tighten bids accordingly.
Q: Should affiliates be paid upfront or on a delayed model?
A: Use a delayed model (7–30 days) with tiered payouts that increase if the player deposits again within 30 days; this aligns incentives and reduces bonus abuse, which I’ll stress again when you build your first partner terms.
Q: Any recommended resources or partners to speed setup?
A: Practical partners include affiliate networks with AU presence, DSPs with sports audiences, and local CRM vendors who understand AU privacy rules — and for hands-on product promos and image assets you can reference vendors like goldenstarvip.com for examples of creative execution. This resource will help you visualise on-site messaging and seasonal promo layouts.
To be practical, one more pointer: integrate self-exclusion, KYC and AML checks early — they reduce downstream friction and satisfy AU compliance expectations — and next I’ll close with a short verdict and reminder on responsible marketing.
18+ only. Responsible marketing and player safety matter: include clear age gates, KYC/AML flows, deposit limits, and links to local support resources; never target or exploit vulnerable groups. If gambling stops being fun, encourage players to seek help and provide self-exclusion options.
Finally, if you want a tested example to compare your creative and signup funnel against, try mapping your flows against an established site’s UX and KPI setup to spot gaps quickly, and if you need a template to audit your first campaign you can start by reviewing the same resource I referenced earlier at goldenstarvip.com which shows common promo placements and funnel touch-points used in AU campaigns.
Sources
- Industry benchmarks and affiliate guides (internal benchmark compendium, 2023–2025).
- AU market observations from seasonal fantasy sports cycles (2019–2024).
- Experience-derived campaign rules and unit-economics examples from mid-market operators.
About the Author
I’m a performance marketer with 8+ years in iGaming and fantasy sports growth across ANZ, having built acquisition stacks for mid-sized operators and advised affiliate programs on quality gating. I write practical playbooks aimed at marketers who need testable tactics rather than theory, and I prefer clean math, quick experiments, and honest post-mortems when things go sideways.







