Seeing how much profit online casinos make, you’ve probably got a thought of opening your own. It may seem easy to accomplish, but make up your mind only after you read the post till the end. The fact is you have to consider many issues starting from game providers and ending in banking management. The own gambling service requires a lot of attention and, of course, money. If you thought it would be cheap, you were dead wrong. I’ll show you all the aces now, you’d better have at least a million dollars in your bank for this business. The more, the better, though.
Software
So, for the beginning you need to determine which software providers you are going to have in the games lobby. Will they be only slots or table games, or each category with live games in addition. Depending on your budget you can have as many providers as you wish. I recommend dealing only with the most trusted like Microgaming, NetEnt or Evolution Gaming. However, keep in mind that prices vary depending on their experience and level of service. Don’t be fast with the decision. Compare all the suppliers’ offers and make up your mind carefully. The choice of providers impacts on popularity of your online casino.
Licensing
The licence is the obligatory thing to have if you want your customers to trust your casino. It shows your legit status and proof of fairness. So, don’t be mean at this point and remember that a good licence has a big cost. If we take the most reputable MGA licence, you’ll have to pay about $150,000. If it’s too much for you at the moment, try to request for the licence from Costa Rica or Curacao authorities. Their price is approximately $30,000. No matter which licensee you choose, you have to give them all the info and docs that they require.
Banking
Next step is to connect payment options with your casino site. Choose the methods widely used in most countries. For example, if you add the credit card option, you already have 80% of potential customers as the banking cards are the mainly preferable option for depositing and withdrawing. Additionally, set up e-wallets because many users like them for their instant transactions. Search for the money processing online services. This step won’t cost very high.
Marketing
The much needed step for any kind of business is marketing. Surely, all types of advertising and affiliation will help you to get more customers. Make up a marketing strategy for this point hiring the top masters in the field including SEO managers. They know how to promote your online casino and attract more visitors.
Dealing with difficulties
At this point you have to predict and prevent troubles. You should think about the security system of the site to guard your casino’s flow of information and transactions. Besides, your support team must be very qualified and multilingual in order to help customers with all questions. In fact, good support is one of the main criteria on choosing the online casino to join. Think over promotions programs. Most players, especially newbies, fall for good bonuses with less wagering requirements. For the perspective, think about mobile representation of your casino. It’s an advantage to play games on the move while using the mobile app or browser version.
In the very beginning when you just think about joining some online casino, you can feel something is wrong with the whole gambling activity. To tell the truth, it can be so if you face a so-called scam, or fake casino. However, it never happens with legit online casinos. They have permission and approval from gambling authorities. This totally removes doubts.
Before we go further, there is one thing that you must be aware of. Online gambling is legal only in some countries. Make sure that the country you are browsing from permits you to do it. Otherwise, it is fully punishable by law. But don’t be too scared. Even if your country strongly prohibits online gambling, it may accept that you play at international online casinos. So, check this regulatory fact before playing games.
How to define the legality?
Now let’s figure out what online casinos are legit and what the legitimacy means at all. First of all, legitimacy is the approval by regulating bodies. As an interpretation of such approval are licences. Only official gambling authorities can issue the licences. The most reputable and famous authorities are Malta GA, the UKGC, also the ones from Curacao, Costa Rica, Kahnawake. To be more exact, there are several proving bodies worldwide that can issue the official paper of this kind.
Finally, here come the online casinos with the official approval from the mentioned authorities. They are legit which means they will not cheat on games or betray you in some way. So, you can join them anytime. The legit online casinos are Casumo (UKGC), Spin Casino (MGA), JackpotCity (MGA), Royal Vegas (MGA), Ruby Fortune (MGA), Dunder (MGA, UKGC) and more. You can easily check the legitimacy on the appropriate casino site. If you see a sign of at least one licence, the casino is officially legit.
Slot machines have always been attraction number 1 for gamblers. From long ago the hot-eyed players came into the casino venues with big enthusiasm to play slots and win right away. It feels funny that even after decades people still can’t find the way to win at slots. This perfect mechanism run by RNG has hardly ever failed online casinos. Slots bring much profit to the sites and keep attracting players as if using some magic.
Not a single doubt arises when you read yet another news about the lucky man who won a big sum just spinning the reels. This feels unbelievable as every time you launch the game, you leave it with an empty wallet and angry emotions. How do they win? What is the secret?
Lucky guy
The truth is they are just lucky. This is the secret, the power, the what-you-need. Of course, it may sound too dramatic. Luck has nothing to do with automatic mechanisms like RNG. Still, luck is what we inviolately believe in.
You can’t influence your luck. It’s something given by nature. However, if you study the thoughts materialization and similar spiritual practices, you can approach winnings. But that’s all very dreamy, let’s get to the realistic methods.
Hints to win slots
What I am going to tell you are not really hints, they are rather recommendations. Try to use them even against your will. Even when your heart tells you to make another spin, follow the instructions in full obedience.
- The right slot. You should know which slot will make you win. It’s not a guarantee but slots with the RTPs over 95% tend to give the players’ money back to them. So, try to find an interesting slot with an average RTP of 97%.
- Practice makes perfect. Before you really deposit and place bets on slots, try to practise the selected game in a free mode. During the free game you can place whatever bet sum you want, you can try out all the bonus features and study the game behavior. As you feel confident in the slot, proceed to the real money mode.
- Small bets. Mind that the actual game is not like the free game. Here you can’t play max bet rounds unless you want your money to fly away. Your first several bets should be the smallest. Test the game for real money, don’t let the RNG spoil your day.
- Play with the RNG. The randomizer analyzes your bet amount, your total balance and your behavior during the whole session. It’s your right to change bets, you can do it with every spin. I guess you’ve already noticed that the reels and positions sometimes are failing with each following spin. And alternatively they give constant winning results. It’s the game of the RNG waiting for you to give up. But you can play with it too, Whenever it gives winnings, raise bets, when losses – lower it to the minimum.
- Quit at the right time. As soon as you catch the winning wave of the random results, quit the game after the first failing spin. It’s a high probability that you will have a losing track of rounds. It’s hard to stop but you have to press the cross sign. Realize that you’ve already won the slot! Only if you quit the game right away, you can maintain your winnings and withdraw them.
Yes. The independent rating includes only licensed casinos that comply with the laws of the licensor country and respect their players.
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