- This topic is empty.
-
Posts
-
If the margin was 2%, you would say 2 * 35% = 0.70%
So you would then say wagered amount * 0.70%.
So if your player wagered $10,000 on slots (which is actually not very much at all), you would earn:
10,000 * 0.70% = $70.
To give you an idea, the average wagering on a $20 deposit on slots is about $539.08.
A 2% margin on a slots game would be very low. Most margins range from 3-4%.
You would expect to find a 2% margin on table games (not blackjack) but even then it would still be a little low for them. Video Poker has the lowest margin at around just under 1%.
If you have any further questions I’d be happy to help with the answers.
Cheers
Renee
Darn no articles related to Wager Model on Wikipedia otherwise I would be more informed. I will now have to rely on personal experience, you know empirical data lol.
I love the Wager Model seems to kick butt.
greek39
I actually wrote an article for iGaming Business almost a year ago now about commission models (which has since _not_ been published and not sure when or if they will be publishing it) so if anyone is interested in it they can contact me. I will be more than happy to share it around since I don’t think it’s going to be published (if it is going to be published, perhaps Alex could confirm when so that people can keep their eye out for it?). I can also direct you to a page that explains the wager model in more detail, but unfortunately cannot post here where it is since I am not able to post links or promote our program.
As far as I know we are the only group that has the wager model. I believe Fortune may have had it for awhile but then later dumped it. I know their payout percentages for commission were not as high as ours.
Can’t think if any others had/have the wager model? Greek do you know of any?
I am more than happy to explain more about the wager model itself without promoting our program, but I don’t want to post here incase it is removed or edited due to my posting priveledges, so if one of the CAP Mods can confirm that I can explain it in more detail, I will do so.
Cheers
Renee
As far as I know we are the only group that has the wager model. I believe Fortune may have had it for awhile but then later dumped it. I know their payout percentages for commission were not as high as ours.
Think so Renee wish more programs would offer this option it certainly works for me.
I am more than happy to explain more about the wager model itself without promoting our program, but I don’t want to post here incase it is removed or edited due to my posting priveledges, so if one of the CAP Mods can confirm that I can explain it in more detail, I will do so.
Maybe this rule will change soon… I don’t know any others who opted in for Wager Model off hand.
greek39
How its calculated?
garanar,
Google “Wager Model” a detailed explanation is given, graphs, earnings etc…
Worth a look
greek39
