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Simple facts – Casinos make money. Based on our stats, from 1million in deposits, caisnos will pay out 350k in withdrawals, 100k to games, 50k to payments, and 250k to affiliates
Looking at that simplisticly, and I am not disputing the RTP which is monitored, but how does that work.
If you take in £1m in deposits and £350k of that goes straight to affiliates, payments and games (and I assume additional costs for staff), how does that enable an RTP of 95%?
I know it’s off topic but I just can’t make it add up, although I am sure there is a reason for that
Money deposited not much money staked. £1 million in deposits probably enables about £10 million in money staked which returns approx 9.65 million which leaves £350k profit at 96.5% rtp.
Thanks Haz, makes sense now – I knew I had it wrong in my head somewhere
Simple facts – Casinos make money. Based on our stats, from 1million in deposits, caisnos will pay out 350k in withdrawals, 100k to games, 50k to payments, and 250k to affiliatesLooking at that simplisticly, and I am not disputing the RTP which is monitored, but how does that work.
If you take in £1m in deposits and £350k of that goes straight to affiliates, payments and games (and I assume additional costs for staff), how does that enable an RTP of 95%?
I know it’s off topic but I just can’t make it add up, although I am sure there is a reason for that
1350k in withdrawals, 100k to games, 50k to payments, and 250k to affiliates.And that’s the last time I want to hear an affiliate say how little money he makes 🙂
Simple facts – Casinos make money. Based on our stats, from 1million in deposits, caisnos will pay out 350k in withdrawals, 100k to games, 50k to payments, and 250k to affiliates. That leaves 250k profit from that million. Their only overheards are platform and the basics (hosting etc). So the actual profit is about 8%. Thats not bad. Scale that up to 1mil deposits a day, and thats an 80k a day business.I did read an interesting article about setting up an online casino, where they stated that the minimum outlay was £50k and you should really start with at least £300k.
It also explained why some of the casino’s were so difficult to withdraw from, with delaying tactics, maximum withdrawals etc. In many cases due to underfunding, so they have cashflow problems and therefore use every opportunity to delay payouts, encourage withdrawal cancellations and get you to re-gamble your winnings..
All the more reason to check who you are signing up with I guess
Make sense? Hope so. Not trying to be a cunt.Nah, I know, its just that most of your posts make eminent sense, I just think that the subject matter is rather sensitive and you didn’t come across well.
Apologies, but I have been at rock bottom and feel very strongly about the subject. Yes it’s about personal responsibility but I do continue to assert that gambling companies only concern for the welfare of their customers is where it might produce bad publicity or result in hefty fines.
Is that wrong? They are a commercial company and are there to make money, and lets face it Tobacco companies are worse in many ways as they just promote a slow painful expiry (its not that many years since they were handing out free packets of cigarettes in Africa to promote smoking)
My only bone of contention would be if anyone actually states that casino’s have an interest in the welfare of their customers – they dont, they are just cash cows.
Hello Bandit! Huge fan and follower of yours, I’m a silent viewer on your channel. Think this is a great idea, what a legend for helping out the young boys and girls. I’ll get my eldest son to join up too.LOL – OK son, I’m going to try and give you a good start in life so listen carefully
There’s this gambling app I think you should sign up to
:- ) 🙂 🙂 😉
Yes, seriously. It’s not a sly dig, it’s what I think. He is the sole reason I don’t really get involved in any real debate on here with his tiresome waffling and I’m probably not the only one.
Even now after being told he’s completely incorrect he’s not fully accepting he’s wrong. Just embarrassing and I pity him.
Yep, I see your point to a certain extent, but lets face it, eejit aint helping with his insensitive comments regarding suicide, stating good for them and he feels happy for them, I always gave him more credit.
Lines that just generate flame wars.
Lol. Mr B being made to look a right mug
Cue a thread about forum rules, respect and bullying.
Seriously? This was your first contribution to the thread, to have a go at Mr B.
Can we just focus on the original debate and not do the “sly dig” thing at Mr B, which is getting pretty old by now, regardless of whether you agree with him or not
2 – Good for them. Less money for the gambling companies you so hate.Probably not the most tactful line, given that this forum has frequently seen posts from individuals who have considered to tried to commit suicide.
Personally I put gambling companies up there with tobacco companies and they gu who sells drugs on the street corners. They are all there to make money out of addiction and have little interest in the harm it causes unless it impacts on their profit margins (hence the gambling companies concerns regarding verification in case of hefty fines)
That said, that probably makes me dumb as I have given them money. In hindsight I probably should have handed it to the drug dealer, probably would have had more fun 🙂
We await the new gay convicts megaways slot with the how quickly can you pick up the soap bonus featureThat’s not a megaways bonus you want to win 🙂 🙂 🙂 Not unless you want to turn into a gay dinosaur
so im 9 deposits in from £125-500 and not one cash out average stake £1.50 i am convinced some slots have been tightened up majorly tonights deposit £125 60p spins normally do higher but cutting back as online just seems a con now one bonus paid 5x every deposit has been similar most i have been up is £75 only to be met with consistent 10 loosing spins in a row whats other people experience montezuma seems to have been nerfed not had a bonus on it in 500 spins and last one was guarantee and also wild wild west been 800 spins atleast i play them in sessions as in 200 spins on each
There’s been quite a few threads about the RTP being lowered to compensate for the UK governments tax hike on online gaming.
Think of slots as gay convicts and yourself as the guy in the shower with the soap. The end is inevitable in most cases :-). you just have to hope one of the slots will take pity on you 🙂
Dune I think you sit in that category of the latter comment.No point dude, I don’t rise to bait, you appear at first sight to be a very unpleasant individual as your response to everyone’s argument, be it polite or not, is to call them a “fucking moron” – this to me just shows a lack of manners,intelligence and inability to take part in a debate, so I just ignore your posts hereon in.
Take a chill pill and go out with your friends, I am optimistic that you have some, even with your obvious anger management issues.
I don’t think u can compare adults who watch the bandit to 12 year olds in a school playground playing out a wrestling scene or whatever this rock chancer does !Clearly you haven’t been reading the forum recently 🙂 LOL
What part of this is how I can afford to do this shows winnings and please don’t try this at home do people not understand !
FFS if you are a gambling addict trying to stop why are you watching gambling videos you fucking moron
To call other people “fucking morons” whilst missing the point many are trying to make is somewhat illogical.
The issue many people have is the perception that this creates that you can gamble as big as you want as eventually you will hit the top.
Like it or not the Bandit has considerable influence, many people on this site look up to him and think they can emulate him – gambling £100k is not responsible gambling and saying don’t do this at home, is in many cases, like telling a 12 year old not to emulate The Rock in the playground.
I don’t care how much money you have.- do you honestly think Bandit would have gone to bed that night if he had lost £100k+ and thought, ah well it’s only winnings. Of course not.
I like the guy but I think he is starting to feel invincible on this slot, and when and if the fall comes it will be hard. I also think he has hit that point where the £2 slots don’t thrill him that much anymore, I don’t hear the same enthusiasm in his voice as I did a couple of years ago.
Unsurprising, when you have won £65k on the press of a button, its hard to get excited about a £300 win like the rest of us do
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