House is a winner?
Every gambler plays for a big win, or at least break even. How is it possible to win in an online casino if the only winner is the house? As you remember, there is a saying ‘House always wins’. It’s about the casinos that are always in advantage, no matter how much a player wins. So, this is the problem: are there real winners at gambling sites?
To tell the truth, yes, online gamblers take winnings, small or large. Of course, most winnings are equal to the total amount of the deposited money. So, basically, you return what you give. But sometimes stars align and a person gets a big win. For the proof, there are even bloggers like Captain Davo who is an experienced but addicted gambler. He shoots the videos for youtube where he shows his high-rolling results of casino games. Though he also deposits and bets a big sum, not like $20.
Apart from bloggers, you surely have seen a lot of comments from real players. Some of them are positive saying that they won a great fortune. And others are negative or neutral. So to speak, if people didn’t win anything on online casinos, there wouldn’t be such sites at all. Nevertheless, it’s advisable to play responsibly and try to prevent addictive signs. By responsible gaming I mean following the tips regarding the winning strategy.
If you are a frequent player, you might have already noticed some facts about games. Anyway, I wish to tell you some of the main things to keep in mind. They will stop you from getting addicted and, along with this, bring you wins.
- Stop playing on time. It’s vital to know when to stop the game. During the gameplay, you may notice that you are losing with every following spin. As a rule, after the losing track comes the moment of glory. It’s the repetitive winning rounds. As soon as you’ve noticed the increase, raise your bet and spin until you make a profit over your initial balance. After the first losing spin, stop the game, quit. Go to withdraw.
- Don’t buy into casino tricks. I know that after such a success you think that there will be more ahead. But no. Online casinos make things up so you could spin again and again. The process described above about success and failures repeats continually. In the end, you will just quit the game with more losses. So, don’t buy into these tricks. Stop at the right time and rest out with your winning.
All in all, if anyone wins on online casinos, he or she is using the strategy and knows when to stop. All the professional gamblers can be addicted to games, but still they know how to take the right risks. Try different strategies and winning tips, so you can be the guy who wins in online casinos.
Luckily, you have an opportunity to figure out the casino’s structure. To be aware of casinos that manipulate with players’ money and provide unfair activities. It’s important to realize the security system, welcome offers and payment methods. There are, actually, few casinos that support all necessary requirements to pay out the most. The real problem comes when you start to search for good platforms and hardly identify the legality and the payoffs process. However, we will show you the main principles of how to find the casino that pays out the most.
Check the important factors
Firstly, look at the ratings and find the ones you think are suitable for you. The ratings are built with strict scores of each category. When we create a rating, we always include the following categories: security, support, welcome offers, game selections, deposits and withdrawals, legality of activities and the interface convenience.
There are few casinos that really payout:
Jackpot City – top casino that pays out really well with a high RTP rate. In fact, RTP stands for Return to Player rate, which means how much money will return back in the long run. The higher the percentage, the higher the amount that will return. Jackpot City has a really high RTP of 95,77%. Moreover, the casino follows all criteria, which we discussed above, including high security, bonuses, fast payment methods and excellent support.
Knowing the main principles of how a casino pays out, you may take all advantages out of that. In addition, don’t forget to check the RTP of a certain game, in order to have a higher chance to win. However, more importantly, check the legality part of the platform. In other cases, you would win nothing.
That is quite reasonable why a person might get a thought of starting its own online gambling business. It brings much profit, especially nowadays when online related industries are at the top. Just like the huge yearly revenues of online casinos, one has to spend the big sums of money for the business launch.
Gambling business requires many responsibilities and attention. The known stereotype about casinos that they are always cheating impose additional obligations on the casino owners. They have to license their business activity, get special certificates and constantly prove that they are safe and fair.
This ‘proof’ costs money which you as a potential owner need to pay at the very beginning. All the licenses, certificates and security technologies are the first instruments that you have to think of before you start. Not a single high roller or even a regular player will make funds into an ‘unknown’ casino without an official license.
However, in order to receive a license you need to accomplish several steps. First one is to create the company according to the laws of the country that allows running online casinos. They are usually small countries like Malta, Costa Rica, Gibraltar or it can be the UK, by the way. The company registration cost varies. In the UK it’s 550 euros, in Costa Rica you would have to pay almost 3,000 euros. However, Gibraltar and Curacao don’t take charges at all. So, let’s take the average cost of the registration of a legal entity – $1,000.
The site content is the most important. It’s the face of the online casino. The real money attractive games are what people come for to the online casinos. Basically, you need to make a deal with at least one software provider and have a minimum of 500 games in your casino lobby. Nevertheless, the more games and providers, the more customers. The price is different again. It varies from $10,000 to $150,000. It depends on the provider reputation and amount of games you purchase. Mind that you will have to pay commission from each game. About 15% from one game revenue goes to the provider. Averagely, you could pay about $50,000 for games including commission.
Finally, you can apply for the license. This step allows you to host servers and represent casino games worldwide (where they are accepted by laws, of course). Generally, the licensee is based in the same country where you registered your casino business. Accordingly, the price varies. For example, in the well-reputed Malta you can get the MGA license for about $18,000 + the same for annual fee, in total over $35,000. In Costa Rica you’ll pay totally $50,000. Besides, the license doesn’t last forever. It’s issued for several years. On average, 6 years is the expiry date. So, let’s assume that the first licensing costs $50,000 including the cost itself and annual fee.
Your casino site should be, first of all, clear and easy to navigate. Whenever a visitor enters the site, he or she must understand what the casino offers: games, bonuses, banking options, support, security and etc. Clarity, transparency and availability of all website options. The whole development of the website costs from $10,000 to $50,000. Though we can’t deny additional losses. Let’s take $50,000 for the website development stage.
This step is necessary for all businesses. In order to let people know about you, you need a marketing plan including advertising, SEO content and affiliates. Your minimal marketing losses can be $20,000. However, it doesn’t make much sense as it pays off quite a little. For the good profitable marketing system you can pay $100,000 and even $200,000 monthly. Additionally, you will have to pay a fixed sum and sort of 20% commission to the partners that brought you clients. All in all, for the advertising stage we have approximately $100,000 a month which annually is $1,200,000.
Here you should include, first of all, salaries for your staff. It should be a whole team of specialists in the fields of design, web development, security service, support, sales and marketing, finance and copywriting. In addition, you will have to maintain the site and its security system annually. The total cost of this all will be about $500,000 a year. It depends on the salary amounts you can afford, of course.
This is a specific amount of money you save in the bank as a guarantee that you are able to give payouts to your players. It can’t be used for taxes and other expenses. This is a necessary fund, and its minimum depends on the registration country. It will cost you about $100,000.
If we consider each expense given above, the online casino site costs $1,951,000 at the start. Still, you have to understand that this sum is not exact. In reality you may pay more or even less. Anyway, considering all the necessary and additional expenses, you need to have at least $2 million in your account to open and maintain the casino site during one year. With an excellent marketing plan you can compensate for the losses during a couple of years, or even less period of time.
Every NZ gambler has been waiting for this moment. The top famous New Zealand casino – land-based SkyCity – has finally come online. It happened in August of 2019, so basically, it has been well operating for more than a year now. Right at this time players from the whole New Zealand country can enjoy the SkyCity atmosphere from their homes. The online casino was created with the help of the Gaming Innovation Group provider. The company specializes in poker games, online casino games and various sports betting activities online.
Registering at the SkyCity you can stay perfectly sure that you are in the safe place even though online. The thing is that land-based casinos always arise more confidence than the online ones. So, this is just an Internet version of the land-based SkyCity. Besides, you can start your journey to SkyCity right from your mobile device.
The NZ players are even in advantage when they join online the newly made casino. SkyCity presents welcoming gifts to the NZ players like free spins for a couple of games and up to $100 bonus upon depositing. The SkyCity gamblers can have a lot of fun from playing progressive slots to betting online. All the payment methods are convenient for kiwi players.