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Bonus & offers: Can a casino generate money ?

Topic created on 11th May. 2018 | Page: 1 of 1 | Answers: 4 | Views: 1,483
Anonym

Can a casino generate money ?

11th May. 2018, at 09:33 pm CEST#2
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Hi guys

maybe the question is a bit exaggerated, but it is interesting for me.

Since I am in the "enjoyment" of a "Vip status" at VegasHero, I regularly get smaller 3-digit amounts of bonus credits posted to my account.

I have never won anything through this, as we are all aware of the bonus conditions.

Now I have to ask myself what kind of money this is.

Does the casino have to provide this money from its own coffers in the first place and does it get it back if I lose it? Or can the casino simply press a button and conjure me not really available money out of thin air into my account?

Finally, but also the slot players are involved in the "spins" or turnover. Should be the same for bonus games.

Then the casino - even with a loss on my part - would still have to record its own loss and that due to the participation of the slot - operators.

I hope the question came off and I have expressed myself reasonably understandable.

I am curious about your opinion.

LG

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Daniel
Elite

Can a casino generate money ?

11th May. 2018, at 10:00 pm CEST#1
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A casino cannot generate money. Online Casinos with Bonuses have to pay fees to the game manufacturers in any case - regardless of whether you play with or without a bonus. The manufacturers are not interested in that. Even fake money what some casinos already provide streamers are associated with these costs. With bonuses, players can of course also win, which is also a cost factor. Whereby it must be said here that bonuses where bonus and Deposit must be converted, the casinos are rather at an advantage, because the turnover conditions are not to create with average luck, but only if you have far above average luck. Since with these bonuses the deposits are linked to the bonuses, the player is more likely to lose his deposit because he can only withdraw after the bonus has been wagered.

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Anonym

Can a casino generate money ?

11th May. 2018, at 10:18 pm CEST#3
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Daniel wrote on 11.05.2018 at 22:00: A casino can not generate money. Online Casinos with Bonuses have to pay fees to the game manufacturers in any case - regardless of whether it is played with or without a bonus. The manufacturers are not interested in that. Even fake money what some casinos already provide streamers are associated with these costs. With bonuses, players can of course also win, which is also a cost factor. Whereby it must be said here that bonuses where bonus and Deposit must be converted, the casinos are rather at an advantage, because the turnover conditions are not to create with average luck, but only if you have far above average luck. Since with these bonuses the deposits are linked to the bonuses, the player is more likely to lose his deposit because he can only withdraw after the bonus has been wagered.

Somehow my question on your answer did not arrive in this thread. See it in principle also so, but the question is: Where come, for example, the 200 euro bonus from? Does the casino count this money itself ?

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M****3

Can a casino generate money ?

12th May. 2018, at 11:57 am CEST#4
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I think this has to do with the German gambling law because it states that only a certain percentage is to be kept as revenue for the casino the rest has to be divided in certain parts I think 10% has to be paid out to the games again

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Daniel
Elite

Can a casino generate money ?

12th May. 2018, at 09:38 pm CEST#5
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Lucifer88 wrote on 11/05/2018 at 10:18 PM
Somehow my question on your answer did not arrive in this thread. See it in principle, but the question is: where come, for example, the 200 euro bonus? Does the casino itself count this money in ?

Of course, the casino deposits this money or must have it available as a budget. Technically, however, it does not matter whether the casino deposits the money or not. At the latest when the bonus has been converted and it comes to payout, the money should be there. A casino cannot create money out of thin air like a bank, if that's what you're getting at.

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