Thanks for replying so quick, Ryan.
I must confess I don’t really understand the weighting. The PWC reports give a % payout for slots. Surely this is simply taken by seeing the total amount wagered on slots, and then the total amount returned to the player.
Why would your figure for slots not be calculated in just the same way? I don’t understand why it matters if slots makes up 25%, or 95% of all the bets you receive – all the matters is how much you make from slots, and thus how much you pay us when our players play them.
I expect my players to be 90% slots players, so this number is quite important for me. I do understand that your program is competitive compared to other wager shares, it just seems to me that it can’t be that competitive compared to normal rev share.
PWC says you make an average of 4.1%-4.35% from slots (depending which time period you look at), but you’re paying out 1.3% which is around 30% of the real margin, not the 35% you advertise and which is available via rev share deals.
I certainly would not touch FA’s wager share system – 0.9% is ridiculous. But they do offer an alternative rev share deal which can pay up to 60%. With RA I don’t get a choice it seems, which makes the whole system seem less competitive.
Anyway I apologise for giving you a hard time on this. I do like your scheme and am considering it still. I really like the idea of ‘theoretical’, and If I felt I truly was getting 35% of the real margin then I would jump at it. 30% is ok, but it does put me on the fence a little and means I will probably give equal prominence to some rev share deals from which I can hope to make more than 30% long term.