@Rak 232041 wrote:
The poker business model makes more sense the casino business model.
With poker, if your room is raking 1mill a month, you know exactly what your gross earnings are, affiliate payments, fees etc.With Casinos it doesnt work that way, you can be a room who has pulled in 500k in deposits, but if you have a run of winners who – you’re losing money, how much you dont know, even though you pulled in 500K a month in deposits.
The next month, that 500K in deposits might not have many winners, and you could be sitting in a better position.
Short term loses/gains in a casino should be expected in any smart business plan when opening/operating an online casino, however unless there are some outside forces having an impact on the payout percentages (flawed game, software manipulation, etc), in the long run, the casino should always win. Casino payouts are based on simple math and set payout percentages. So while your statement is true, it also doesn’t really have much relevance at a table between people who would be forecasting a budget or business plan for an online casino, unless they didnt have the proper startup cash, in which case they probably shouldnt start up the business to begin with. If you have reliable software, good people to manage and maintain it, quality cs and a few other key elements, then you just have to worry getting those customers through the door
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