At the beginning of gameplay you get so much excitement to play an online slot machine. You can imagine how hundreds of dollars increase your bankroll. But what do you actually get? Only disappointment as you see how your deposited money just flies away and seems to never come back.
That is true indeed. During the first 10 or 20 spins money will inevitably disappear, but it doesn’t mean that the game is rigged. You see, online casinos have an edge. This is a so-called percentage of your money that goes to the casino budget. And you thought the grand Jackpot sums appear out of nothing?
Back to the slots. As I was saying, the casino takes its part of the money, the rest goes back to you. You just might not notice it as you win and lose ,and then again win. Sometimes, you get winning results, sometimes constant losing results. The reason for that is a randomizer that drives the slot machines.
The RNG mechanism is set to give a certain edge to online casinos. But it’s not rigging. Actually, there is no single reason for fair gambling sites to rig slots. That is because, firstly, they get huge fines if being caught. Secondly, it’s just illogical. They already get enough income from the players in the long run. Why would they deceive them even more?
All in all, only fraudulent casinos tend to rig the games. If you register at the legal site, you will not experience any cheating on the side of the casino. The only reason why you lose is covered in your gaming style. Maybe you bet too much, or deposit little thus having no more money to win them back. It depends.
Slots are the most popular genre of casino games. There are thousands, or better to say millions of slot machines in the online gambling market. Every respected gambler knows which slot game has the highest RTP and which slot provider makes amazing HD animation. Online slots have the following features which are actually known to everyone in the business.
- Slots are simple, have special symbols and features that tend to help winning.
- Like any other casino game, slot machines are powered by RNG, so it’s totally impossible to cheat.
- Slots have the smallest RTPs compared to the table and live games.
Slots are hard to beat, that is true. They have the shield in the form of the RNG. However, don’t get upset too fast. You can’t beat it but you can increase the chances of beating it. There are simple rules that you have to follow in order to benefit from a slot machine session.
Start at the smallest
Your first bet should be small, the minimum. Make a couple of spins and raise the bet as soon as you win. However, when you get a constant range of losing results, lower the bet at minimum.
Keep the minimal track
The RNG is built to make you lose a couple of rounds. Or a couple of five rounds in a row. It’s okay. It never means that the slot is rigged (unless you play at the fraudulent casino). It just means that the casino takes its edge to the house. You will have that money back eventually. But you have to keep betting the minimum.
Quit at the right time
Sometimes it gets until you don’t have the money on your balance. This is happening to everybody. It means you’ve deposited too little sum. Still, if you don’t have spare money to deposit and have negative feelings about the session, you should quit. Close the game and the casino site. Come back when you feel free and relaxed.
These are just simple recommendations but as soon as you try to apply them during your gameplay, you will see their advantage. They won’t make you waste a lot of money and will prolong your gaming process. It’s possible to beat a slot machine, but you have to be patient and have extra money in case you lose too fast at the start.
Winning at online casinos highly depends on the bets that you place. This is important to bet wisely. It doesn’t work if you bet everything you’ve got. Yes, you can multiply the win, but equally fast you can lose it all. For this reason I want to give you some tips about how to bet at online casinos and benefit.
- Set money limits. The most useful way to bet wisely and save your budget is to limit it. When you have a certain available sum for a single game, you’ll probably waste it all, and the limit will stop you from betting more.
- Sort out the money amounts. Basically, it’s the same as the limits. There’s only one difference. You can place different limits on different games. For example, $400 is the limit for slots, and $430 is the limit for poker. As soon as you bet the slots limit out, quit the game and proceed to poker.
- Start at the lowest. No matter if you play a table game or a typical slot. Start with the lowest bet possible. You have to understand the game and analyze the gameplay. When you know how the bets are placed, or if it’s live, how other players bet, you can gradually increase the bet.
- Watch the gameplay. Every casino game result depends on your luck. But not only your luck decides what will be further. The randomizer gives out the symbols or playing cards. If you’ve noticed, sometimes randomizers are too generous for money. Take this advantage and raise your bet during repetitive wins. However, when they cease and you start losing, lower the bet or even quit the game. The constant one-by-one losses can damage your budget.
Remember these simple tips if you want to win at the online games. And keep in mind that the Bet Max button is there only for risky high-rollers or not very smart people. Betting is the key for a good fortune, use it with wits.
Before we actually estimate the total revenue of online casinos, I would like to mention that no one can provide the real amount of money earned by casinos per month or per year. Besides, it depends on the casino reputation and popularity. Fair and customer-oriented online casinos probably make more money compared to the income of the small, less popular gambling sites.
Online casinos have expenses too
Like any other business, companies working in the online gambling industry have to buy services, pay ‘for rent’ and other fees. The highest expense of online casinos is game software providers. A well-reputed casino has at least three partnered softwares, each of them costs about $11,000 a month. In addition, they all take charges from the games when players use it. The monthly charge is about 15% per game.
Apart from the providers, online casinos need to pay for marketing and affiliate programs. It’s again estimated about $12,000 a month. Add to this other payments for hosting, security services, salary to the team and additional expenses. Totally it equals to approximately $25,000 – $30,000 a month.
Yearly revenue of online casinos
Let’s take an average revenue amount of the online gambling industry a year. It’s around $50 billion a year. Thus, about $4 billion each month. It would be simple just to divide the sum by the number of operating online casinos, which is about 4,000 online casinos on the whole Internet. We consider small and big popular casino sites.
Dividing it all, we get $1 million per casino. But as I’ve already mentioned, not every casino works at the fullest. So, there must be about 20% online casinos that make a real profit worth approximately a million dollars.
Presumably, an online casino makes $1,000,000 a month. This sum covers the fixed expenses of $30,000 and payout to players, let’s say it’s $150,000 a month. Saying again, I’m not sure which sums are correct. Anyway, online casinos result in about $800,000 a month, which is approximately $10 million a year.