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How much money do online casinos make?

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.

Online casinos are actually tricky things. Once you open an account you are likely to spend all your saved money on easy games. However, if you aren’t yet ready to give your earnings away but wishing to play online at some casino, I have good news for you. It’s possible to play the games absolutely for free. Some online casinos don’t even require you to register for this. All you have to do is enter the website.

Basically, there are two scenarios about how you can start casino games without a single dollar. Below is one of them. The second is the same but with one detail: the registration step is dismissed.

How to start for free?

  1. Register an account in an online casino. If you are going to play only for free, you don’t need to worry about trustworthiness of an online casino. However, still try to find one of the secure online casinos with a licence.
  2. Go to the lobby. Each game is at your disposal. However, you can’t play live games for free credits. They do not tend for it.
  3. Enjoy the game as much as you want. At the beginning you have a big sum to start with. So, go ahead and score a full ride. You can place max bets. It’s ok in a free mode, because you don’t risk anything.

Bet wisely

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.

  1. 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.
  2. 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.
  3. 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.
  4. 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.

Conclusion

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.

People losing money. Generally speaking, casinos use tricks to attract new players. Have you heard about the welcome bonuses that casinos provide? Surely, yes. In fact, by doing this you need to make an account and deposit some money. Once you have done this, it’ll be easy to deposit more in the future.

House Edge

The real earnings do not depend on players losing money, but also they take a house edge. They take a small percent every time you play a game. However, the percentage is not that big, around 5%. It’s definitely enough to make a lot of money, because you are not the only one who plays the game. The slots and roulette are the most profitable games, due the highest percentage. Moreover, there is another source of income. The easiest one is to involve commissions. The casino takes a percentage of the bet.

Conclusion

All things considered, online casinos make a lot of money, don’t worry about being scammed. Take into account, there are many people playing at the same time as you.

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