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.
The issue of payout always arouses many questions among players. Probably, the reason for this mistrust of online casinos is elicited by the bad experience with fraudulent casinos. In fact, many people face fake casinos on the internet. They deposit, play but never get anything back. Or some players might have a bad experience with real casinos. Such a problem as no-paying-out because you violated the casino terms.
Why it doesn’t pay back?
If we don’t consider all these misunderstandings between player and casino, It’s 100% true that online casinos really pay out. Every time a player requests, verifies the account, and under condition that he or she hasn’t validated the rules. As you can see, there are only two requirements for the successful withdrawal that results in having real money in your hands.
Do the homework!
Nevertheless, I feel obliged to point out the important things to consider. First of all, you should wonder about payouts before you actually sign up at any online casino. You need to see the proof that your selected online casino is not a fraud. It should be licensed, real and certified. And, please, follow the golden rule of all experienced gamblers – read the terms of an online casino before you register.
The answer to this question depends on your objective. If you want to play just for fun, yes, it works. You can deposit, play, sometimes get payouts back from the casino. Though I doubt that this is what you really wish for. For the reason that people usually come to online casinos to win some extra money (as if they didn’t enjoy the salary), it often works for them too. But it always happens that online casinos are in a better position.
How can online casino work for you?
No matter how much or little you play, deposit or bet at a single game, casino will win over you. Or another player, or another one. It depends on when you stop. No one clearly understands it, and even if so, doesn’t follow this recommendation. Online casinos say to play responsibly but gamblers keep spinning. And this is their biggest mistake.
The only way to beat the casino
The thing is that you can be the winner only when you stop at the right time during the game. Once you win a good amount, make a couple of spins and go out if there are no successful ones anymore. Only this way is possible to beat the casino and make it work for you.
Thus and only you will see how the online casino really works in terms of bringing profit. But don’t get too fascinated about it. Still, the casino needs to make profit for itself too. So, if you lose all the money on slots, you just lose and never get them back.
Choose the trusted casino
Besides, remember to test the casino for trustworthiness before you deposit. It’s actually a very significant move if you wish online casinos were fair and really paid you out. The info on how to distinguish the ‘right’ casino is on our website. Check it out and follow the recommendations.
The era of innovative technologies and artificial intelligence has reached online gambling too. In fact, both online casinos and players can apply cyberbots to the games with a purpose of outsmarting.
Players who are very good at computers and relevant programs create the bots with algorithms for winning. They do it for two reasons. First, they want to outsmart online casinos, in a word, to win. Second, they simplify the gameplay for themself. They no longer play, they win with a perfect strategy.
On the other hand, online casinos implement cyberbots to stay in advantage. In other words, to keep the edge in house. Mainly, the bots are created for table games like poker or roulette, and ever-known blackjack. To tell the truth, players have two problems with games that prevent them from winning. They are the programmed bots and the codes generated by a computer to shuffle cards, deals and so on.
In order to outsmart the online casino cyberbots, you need to know the algorithms of the bot and code. Actually, it is very easy to figure out if your opponent is a bot. It follows the same patterns and refers to general statistics. It also ‘thinks’ the same certain amount of time. No more, no less, a couple seconds and it gives the result.
All in all, the method to outsmart a cyberbot of an online casino is to recognize the patterns it uses. Simply put, if you know the strategy of an opponent, you know how to beat him. The algorithms are identical and consistent. So, if you understand the rules of table games, and have just a little knowledge of information science, it will not be a problem for you.