Casino revenue figures

[TheShortStack]

Morning all,

I wanted to get some feedback on the figures I've been seeing from one of the casinos I'm working with - I'm not sure if they're fairly standard or if I'm smelling a rat.

Anyway, I've had a couple of players now who have all bet some pretty big sums of money but the thing is, they don't seem to be losing very much.

I had a high roller last month who only ended up being $2k down after wagering over $300k (and then totally disappearing) and a guy I've referred over night is only down $400 after wagering $16k.

Am I just being impatient for a big payday here or do these figures look kind of strange? I understand that good players involved in skill games like Blackjack may well end up doing very well, but even wagering at these levels, you'd expect them to be losing more than they are wouldn't you?

[Sebastian]

I assume that wagering is different than deposit right ?

If he wagered 300K, he probably deposited in the 5 figures, so you'd get 30% of what he deposited.

Care to PM the program name ? I think most places are honest.

You could also post here if you're comfortable.

[TheShortStack]

Thanks for the reply Seb - yeah, I'm on a rev share agreement with them so I take a cut of their losses. Not sure on the size of the original deposit as all I can see is total bets and overall revenue.

I won't name the program at the moment - just because it seems unfair if everything is above board. I just thought I'd get some feedback from other casino affiliates.

[GottaTryIt]

It sounds a lot like slots players to me. Every spin might be $1 to $10 and with many spins being winning spins the wagering amounts are huge yet the actual losses are not that big. It doesn't take long to rack up large wagers when a spin takes 2 seconds.

Same goes for roulette etc, you can wager a lot on red or black but as sometimes they win the wagers are always high and losses not so impressive.

Seems right to me and nothing unusual.

[nirva]

If those kind of figures happened 10-20 times then I'd absolutely question it but personally I don't see those being suspicious at all, just part of the game of variance we all take part in.

[TheShortStack]

If those kind of figures happened 10-20 times then I'd absolutely question it but personally I don't see those being suspicious at all, just part of the game of variance we all take part in.

Cool - thanks Nirva.

[ptg]

Yeah I don't think those numbers are uncommon. It all depends on which games they play. I had a guy who wagered $25k a few months ago and made $600.

[addaminsane]

If you think about the payout percentage of a game being close to 100 percent, then if a player knows what he's doing, bets his bankroll well, it makes sense that you can rack up a ton of "handle" before losing the amount of money.

for example. player deposits $300.
plays max bets of $1 on a penny slots game.
slots game has 98% payout rate.

he wagers 300 times , wins $294.
wagers 294 times, wins $288
wagers 288 times, wins $282
etc....

you can see how this can go on for quite a while. theres no doubt that if you have $300 you are going to be able to do 300 spins. You're not going to lose every single spin. 300 x (300 x .98) is typically alot less than the amount that would be wagered at this level by quite a bit and that would equal $88,000 of handle.

Then factor in the bonus that this type of player would also be unlocking completely. A player can wager what seems to be a ridiculous amount of money before the variance catches up.

this is why players complain about wagering requirements such as 30x d+b. Than can amounts to a number that doesn't really cause the payout percentage of a slot to increase much before the variance catches up

[CaseyM]

wagering adds up quickly! these numbers honestly look fine

[leporello]

Sounds completely standard to be honest. I've often seen ridiculous casino handle on Bet365 and not alot of revenue. Just ride the wave