New casino idea. Bit of fun

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  • #78390
    appleman91 WANTED $42
    Outlaw

    So I spent my weekend fishing this allows for a lot of thinking time. I was thinking what if it was easy and straight forward to set up your own online casino, cool idea hey. Obviously this is a bit of fun I don’t have the funds or know how to do such a thing.

    I don’t think my casino would make loads of profit but it would be a popular casino offering a less tilting and more ethical gambling experience. Let’s face it some casinos are quite dirty, for example leaving a pending withdrawal for 2 days with a big shiny ‘cancel withdrawal’ button next to it. Figure of speech but you know what I mean.

    Casino name – ‘Bottom Line casino’ (the name choice will become apparent)

    It will have a fully customisable bottom line and cashout option. For example you get a nice win, balance sitting at 1.4k. After winning this amount people like to play on and speculate a little bit and will set a theoretical bottom line. Obviously then a game tilts you next thing you know your back down to zero. With my casino you can add a bottom line, say if you set it to 1k when you get to 1k it will say bottom line reached and it will automatically cash out and lock the withdrawal. As I mentioned this is customisable with different options. When you get to 1k you can prior select it not to cash out but add a cooling off period if you wish. If you don’t cashout you can’t use the balance for a set amount of time selected by you. If players don’t like this option and like to be in full control you don’t have to set a bottom line it will be down to personal preference and not compulsory.

    Different first time deposit bonus idea. If your balance reaches zero on your initial deposit (£500 max) you get a third back. You can cash this out immediately, if you start using the balance wagering will be added 20x of the initial deposit.

    What do you think? Good idea?

    Has anybody else ever thought about it?

    #78391
    THEBARON WANTED $51
    Outlaw

    i think thats a good idea having a bottom line then auto cashout locked withdrawals i could see that being something really good now that you put the idea out there probs wont be long till sum casino implements something like this good idea

    #78400
    appleman91 WANTED $42
    Outlaw

    Thanks, you heard it here first, I’m suing if someone uses it without paying me. Haha.

    Nah it won’t ever be a popular feature on an online casino, they make too much money from people tilting and then cancelling withdrawals.

    #78402
    Seedy WANTED $1,244
    Sheriff

    More importantly fishing for what and where ?????

    #78404
    appleman91 WANTED $42
    Outlaw

    Seedy wrote:

    More importantly fishing for what and where ?????

    River Trent near Newark. Barbel fishing but only caught bream ?

    #78406
    Seedy WANTED $1,244
    Sheriff

    appleman91 wrote:

    Seedy wrote:

    More importantly fishing for what and where ?????

    River Trent near Newark. Barbel fishing but only caught bream ?

    Ouch lol at least yah caught mate love me carp myself ?????

    #78413
    Winningbird WANTED $574
    Outlaw

    It’s a good idea, but I think casinos will lose a lot more than they do now with people cashing out as well as the ⅓ of the deposit back. It’s only a good idea for us gamblers.. just not for the casinos haha.

    #78415
    appleman91 WANTED $42
    Outlaw

    Seedy wrote:

    appleman91 wrote:

    Seedy wrote:

    More importantly fishing for what and where ?????

    River Trent near Newark. Barbel fishing but only caught bream ?

    Ouch lol at least yah caught mate love me carp myself ?????

    Don’t mind a bit of carp fishing myself

    #78416
    appleman91 WANTED $42
    Outlaw

    Winningbird wrote:

    It’s a good idea, but I think casinos will lose a lot more than they do now with people cashing out as well as the ⅓ of the deposit back. It’s only a good idea for us gamblers.. just not for the casinos haha.

    I know, I’m dreaming haha. It would only be available on sign up and your birthday.

    #78658
    eejit101 WANTED $312
    Outlaw

    Well, this is what I do. I sell casinos to companies wanting to own one. We build actual online casinos.

    Your idea is… difficult. You would need some code here that is in place basically a stop loss MGA/UKGC limit than you can set on most sites. The problem is then that it “automatically withdraws”. This is not allowed and is not possible. All withdrawals from all casinos are checked by a person. So if they lock your money and cash it out without you reqeusting it that becomes an issue.

    The bottom line without a cashout is already in place. Just edit your loss limits once you win. Job done.

    The deposit idea is also really hard to make work. IF you are giving 33% back as CASH, you are making your casino a net loss on all deposit bonuses. The math on that one is simple…

    You deposit = 600

    Your cashback = 200.

    Casino net profit = 400.

    From that 600 the affilaite will take either CPA (Around 50-300 depending on the size of the affiliate, so if you come from askgamblers the casino is already on only 100 profit now).  Then the game providers takes 12% approx of the losses. So thats another 75 quid. Payment providers take 4% on average. 25 quid. So if the player comes from a 300 CPA affilaite they are now break even, without covering costs of licence, hosting, staff, office, rewards, comp points, cashback, KYC, payment services, integrations team etc.

     

    So better stick with the bonuses in place already as this casino you own would lose ALOT of money to new first time depositors.

Viewing 10 posts - 1 through 10 (of 10 total)