How to choose casino slot machines deposit from $5?

Whenever you search for the online casino, you probably get shocked by the real amount of the casino sites that you see. I bet you haven’t even looked through a 1/4th of the search results in order to find the one. This is fine because you don’t actually need to know what these all casinos offer. You only need to know the top 20, for example. As a result you’ll have an impression on each one of them.

But just to be curious, in your opinion, how many online casinos are there on the Internet? 500? 1000? More! I give you an approximate number of 3000. However, this amount is already probably close to 4000. There are so many reasons nowadays for casinos to open.

In 2020, as we all know, all the people were forced to stay home for a long time. Some people have lost their jobs and couldn’t find a better earning option than online gambling. I admit, online casinos are not created for making money. Anyway, losing track of results doesn’t stop players from gambling day to day.

The online gambling industry is currently on the rise. There is no single doubt that in 2021 there will be more casino sites and more gamblers. The players who used to play in the land-based venues are making their way online as the casinos close their doors. However, it’s not the story of the online casinos. They welcome new players with open arms and give them a lot of opportunities at the very start.

Money rules the world, as they say. And this is the real reason why players come to online casinos. However, not everyone can win big money on these casino sites. There are several factors that affect whether you win or not.

Luck

The first thing that mustn’t be failing on the players’ side is their luck. You know how it works. Sometimes your hand is so lucky that you win every round in a row. But there are days when you have failure after failure. So-called rainy days are affecting not only game results but your emotional status as well.

Randomizer – RNG

This thing was created to avoid any kind of cheating by online casinos and users. Users are safe to get the fair results, and online casinos know their games are not broken. Random number generators can directly influence the results of your session. Basically, it’s the same with luck. You either get a positive spin or negative one, and you can’t say which will be the next.

Addiction level

The most popular reason why players can’t win money and finally withdraw is that they can’t stop. Their mind tells them to keep spinning. They are hypnotized, so to speak. Whenever they feel like winning, they spin more and more. Eventually they win nothing. So, if you are an addicted gambler, even though you don’t know it, you can hardly win much on online casinos.

Small deposits

It can sound strange, but if you deposit too little, say $20, you can easily lose them all away. This is kind of a setting of RNG. They are programmed to leave a certain percent of your money to the casino (house edge). By the way, you automatically agree with this when you launch a game, as is stated in the gamerules. So, when you place bets and play, you are starting to lose the deposited money. And in order to get them back you need to place more bets. But the point is you might have run out of money. As a result, you’re left with nothing.

Concluding points

Players can win real money. Online casinos really pay out. If you fail to get the winnings, then probably you are lacking one of the mentioned factors. Thus you need to check them all in your case. If you can’t quit a game at the right time, work it out. If you deposit too small sums, make it a bit bigger. Finally, when you think the problem is your luck or randomizer, you need to take time and relax. Additionally, make up a betting strategy and place limits to the bets. After you get necessary experience, you will see how the real money can fill your bank account.

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.

Registration

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.

Gambling platform

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.

Licensing

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.

Website development

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.

Marketing

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.

Casino maintenance

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.

Payouts guarantee

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.

Total calculations

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.