Has anyone have any experience with promoting gambling/bookmaker websites?

I am thinking of setting up a site related to horse racing and then advertising sitter bookmaker websites onto them in the hopes to get the revshare return when they sign up and make deposits.

There are quite a few sites offering around 30% each month on of what the punter gambles with. Has anyone had much luck with making much money out of advertising such schemes?

Looking forward to anyones experiences or opinions.

Here are some more details: 2D Video Pricing

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