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Reply To: Look at these numbers!

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#698352
Anonymous
Inactive
Ryan wrote:
First, 8 new players on the wager model means 8 players have placed a bet. Not 8 players qualify for a ‘join’. So while it is certainly possible, it would be the same as batting 1.000 in baseball. That is, you’d have 100% success rate of players to joins. We all know this isn’t very likely.

Second, the numbers diceman posted:
17,168.76 $189.93
= 1.1% … not .88%. If you’re going to argue a point, at least break out the calculator for the core of your statement.

Your post also hints that you don’t really understand this model … specifically the different game types. Different game types yield different margins. Before I go on, let’s make sure we all understand what this means.

Different game types yield different margins.
Our profit is that profit margin, and you get 35% of it.
Hope that helps those interested in understanding more.

Actually I did break out the calculator. Perhaps Diceman’s numbers work out to 1.1% but my numbers and some in previous posts were around .88%.

I think most understand that different games yield different profit margins as far any casino is concerned online or land-based and the affiliate comission is 35% of whatever that amount may be.

What I’d like understand more is the algorithm used to calculate the casino’s profit.

Dom is correct in targeting a specific niche market. Slot players aren’t really interested in table games.