Is online casino games real?

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.

1. 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%.
2. 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.
3. 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.
4. 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.
5. 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.

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.

The problem of choosing the platform to play depends on the specific casinos. You probably have no idea which casino provides a suitable payment method for you. In fact, it’s the most discussed question. To begin with, let’s describe the main representatives for making deposits and withdrawals.

Payment methods

Firsty, these are e-wallet examples, Skrill, InstaDebit, PayPal, Neteller, and EcoPayz. Secondly, there are cards such as Visa, Mastercard, Credit Card and Maestro. Also, let’s talk about other variants of money transferring. There are bank transfers, e-bank transfers and Pre-paid options. Basically, all of them have different features. For example, e-wallets are the most popular method, because it provides the fastest money transferring process. Moreover, all of them are used to make deposits and withdrawals, except prepaid cards.

How to use them?

In order to make a deposit go to the cashier of your casino and choose the suitable options for you. Then, fill in the necessary information and click the “Withdraw” or “Deposit” buttons.
Let’s look at the payout average time:

• E-wallets – 0 – 72 hours (the fastest)
• Bank transfer – 5-7 days
• Card – instant
• Prepaid cards – instant

Conclusion

It’s very important to know the payment system while choosing the casino. A reliable payment influences the fact that you can withdraw your winnings safely. The online casinos are struggling with making transactions, however there are many options to make fast payouts. Make sure to check the methods before registering an account. All in all, you can find the review of casino with detailed payments system