Feel the atmosphere of the festival with the Playson Holiday Delights tournament from 10 of December until 10 of January. Online casino tournaments is divided into three parts with a prize pool of €200,000 and new games features. The main goal is to introduce new Playson games of the year. The prize is divided into Festival Spirit with €50,000, Secret Santa with €80,000 and Welcome 2021 with €70,000.
Even if you’re not a fan of Christmas holidays, you can take a leading position and earn great prizes.
2020 Featured Games
- Legend Of Cleopatra: Megaways [NEW]
- Buffalo Power: Hold And Win
- Solar King
- Solar Queen
- Pearl Beauty: Hold And Win
- Burning Wins: Classic 5 Lines
- Diamond Wins: Hold And Win
- Sunny Fruits: Hold And Win
- Book Of Gold: Multichance
- Solar Temple
- LeoVegas – $1600 bonus
- All Slots – $1500 bonus
- Mr.Play – $200 bonus
- MrGreen – $200 bonus
How do tournaments work?
All individual tournaments will not always be the same, because all pokies tournaments are dependent on the gambling sites. As usual, the main games are slots. If you want to participate, you need to pay an entry fee. Then, you just play and compete for the prize pool, which will be offered by the casino. Moreover, every player will get some credits in the beginning. At the end of the tournament, all accounts will be compared to each other, and those who have earned a significant amount of money will receive a share of a prize.
Are pokies tournaments safe?
The Gambling Commissions of different authorities regulate all gambling sites. For example, such authorities – Malta Gaming Authority, UK Gambling Commission, are trustful among hundreds of casinos, and New Zealanders. As a result, the games that are offered for Kiwis are safe and fair. In addition, the random operations are regularly checked by reputable, audit, independent companies.
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.
Bovada casino is produced by the owner of Bodog casino, a very large brand in gambling sphere. This fact doesn’t guarantee the safety of its activities. Furthermore, the casino doesn’t have a valid license, issued by the gambling authority. Knowing that the casino cannot guarantee safe and fair intentions. All in all, we do not recommend you to play Bovada, unless it gets a license by a reliable gambling commission.
On the other hand, we haven’t seen any fraud manipulations from the casinos operators. As a result, the players reviews, mostly give the positive feedback. In our articles we advise to play only certified and licensed casinos, therefore, playing Bovada for real money you will take a huge risk. In order not to risk that much, we suggest reading our top casinos review by experts and choose a new platform from the list. We can guarantee, you will definitely find something attractive.
Experienced gamblers like bonuses, but they hate wagering requirements. The players know what they mean, that is why gamblers use them quite rarely. So, let me clarify what exactly the wagering requirement is, what reference it has to the bonuses, and why players recommend avoiding them.
Wagering requirements & bonuses
When you launch a gambling site for the first time, you can see the striking images offering you cash prizes and free spins. This is definitely attractive but remember that it’s not all gold that glitters.
The welcome offers have requirements. The wagering requirements are the number of spins a player makes with the given ‘welcome reward’ before he actually requests for payout. In other words, these wagering terms imply that you have to deposit, make several spins (x30, for example) and only then you can withdraw the money. If you won some, of course.
The number of spinning times (or hands) varies from casino to casino. It depends on their own requirements. So, remember to read the bonus T&Cs before claiming for the offer.
Why do experienced players recommend avoiding bonuses?
As you can understand now, the terms require you to deposit, get the extra money and play these rewarded money through. The last process goes on very slowly especially when the money sum is big. So, you have to make a lot of unnecessary spins. You don’t need them just because you’ll have little profit from the free prize in the end.
Let’s suppose you deposited $50, your offer claims you get 100% deposit and have to wager 30 times. Totally you have $100 to play. But you can’t make ten spins of $0.25 bet and make a withdrawal. You have to meet the requirements, so you spin 30 times. During these rounds you can go low beyond the rewarded $50 and touch already your own budget. As a result, you spend your money and don’t actually win.