In this article, we will talk about what makes the total revenue of a casino per shift or another period. We'll deal with the basic concepts and consider the factors that affect the amount accumulated by the casino cashier.
Total Bet Amounts
No casino can be successful without a sufficiently high turnover of bets. Given that most games have a mathematical advantage over the client or a random number generator, revert casino earns from you in the long run.
Accordingly, the higher the players' bets and the more of them, the better for the casino.
For example, if visitors bet on the European roulette million-dollar profit in a year, the casino gets twenty-seven thousand dollars. The earnings will be 2.7% of the total bets the longer the game goes.
That's why the administration of any casino does its best to increase the turnover of money that customers bet. It is not essential if they are lucky enough today or tomorrow. The main thing is that there is a game, and the rest is a trick.
The House Edge
The advantage of a casino has been mentioned in other articles on Casinoz, so we will not describe this topic in detail. We will say that these numbers are well known in all popular games, and many manufacturers of video slots and other models for online casinos immediately indicate their level.
You should definitely pay attention to its size, even if you have come to have fun, and do not think the end result is the most important factor of the game.
A casino, in its turn, will try to "force" you to play at the most unfavorable slots. It is a good idea to succeed. For example, they offer interesting and exciting video slots with stunning graphics and various functions.
How many players will pay attention to the fact that RTPs in the unmatched novelties by Playtech are only 92%, although many online games offer 97% - 98%.
Or casinos can hold a tournament with winners determined by the total amount of bets or payments. For such events, they often choose a model with a low return.
Casino bonuses are generally allowed to play out only in unfavorable games. No casino will count in the total bets you make on blackjack or video poker.
Increasing the Turnover
As seen above, the casino's revenue depends on the overall turnover of bets and the house edge in games. The second factor is evident. It is fixed for each title because no online casino will interfere with the work of a random number generator, and brick-and-mortar clubs often do not change the rules.
Thus, they should increase the total sum of bets to earn more.
The maximum number of tables and machines must constantly be in the game. This revenue should cover the cost of servicing the table or slot machine for a particular time. That is why brick-and-mortar casinos rarely use very low-stakes betting. They do not provide enough income to cover the dealer's salary and other expenses.
In blackjack, poker, roulette, and many other games of chance, the turnover increase is achieved by raising the speed of the gameplay. In other words, the faster the dealer deals cards, handles a ball, and makes payouts, the more rounds per hour come and the higher revenues.
Of course, we mentioned only general concepts and all aspects of ensuring the profitability of casinos. There are many of them. But even these superficial explanations are enough to understand how casinos make money.