Greetings Rick:
To answer your first question we do offer a 5% life-time profit from any casino you refer to us. So for a casino bringing in $100,000 of monthly profit you would earn $5,000.
To reply to your other questions regarding our operating costs a closer look at GetaCut and G-FED will show that our two systems are very close in the initial calculations of your profit. We just calculate them differently:
GetaCut.com
A user purchases $100 and after playing redeems $60. This leaves $40 in revenue to the casino. We take 45% or $18 of this profit as an operating expense, leaving $22. This profit is then split and leaves you with $11.00.
G-FED
They calculate your profits differently. I understand that they take “processing fees” which are taken from the initial deposits and not after as with GetaCut. I did not see what G-Fed includes in Expenses but if it is 17% as you say, then you will realize that we are not that different. So from the same user as above who deposits $100 they are taking $17 (or the 17% you mentioned in your post). If the $60 is redeemed as in the first example that leaves $40 – $17 = $23 in revenues. At a 50% profit share that leaves you with $11.50.
As you can see the systems are similar. However, for the newbie operator our system may be more attractive as we are not on a sliding scale and you make 50% from the beginning, with G-FED you must bring in between $15,001 to $30,000 in weekly Net Gaming Revenue to reach a 50/50 profit share.
I hope this helps to clarify things.
Regards,
Jim
GetaCut.com Personal Casinos
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