- Online Casino Business Model Of Business
- Online Casino Business Franchise
- Online Casino Business Model 2017
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Online Casino Business Model Of Business
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Yin/Yang
I'll bet the winners end up losers, 2-to-3 odds.[ reply to this | link to this | view in chronology ]
Well
I have always found it slightly dubious to put my money into a 'computer' slot machine. I mean, honestly, do we really think the results are random, or do the casinos hit a button every now and then to pay out on demand.
But theses days, even the so called mechanical slot machines are all computer controlled.
I think that if this case has any huge impact on customer relations, then casinos should be forced to ban computerized slot machines by law, and instead rely soley on mechanical processes for true random results.
Until that happens, I will play poker or blackjack so I know that there is some fate in how I win or lose.[ reply to this | link to this | view in chronology ]
- They would be wise to pay up. If they claim software glitch that worked against them, they would be opening up themselves to a class-action lawsuit by anyone who had used their system that could then claim they would have won had it not been for a software glitch.
[ reply to this | link to this | view in chronology ]
Re: Lawsuit
If I recall correctly, the courts won't enforce gambling debts. There may be other viable legal avenues (deceptive advertisting, etc), though. Any lawyers care to comment?
(Seems they've already put themselves in the court of public opinion where they're apt to lose bigtime.)[ reply to this | link to this | view in chronology ]
Re: Re: Lawsuit
Courts WILL enforce gambling contracts (constituted by the act of gambling in the casino) if the contract is legal - in other words, they won't enforce illegal betting, or anything else illegal - makes sense, huh?
As far as this case goes, I say ban all casinos! Only let people play the Lotto. That's voluntary taxation in my book, which is a VERY GOOD THING.[ reply to this | link to this | view in chronology ]
Re: Lawsuit
If I recall correctly, the courts won't enforce gambling debts. There may be other viable legal avenues (deceptive advertisting, etc), though. Any lawyers care to comment?
(Seems they've already put themselves in the court of public opinion where they're apt to lose bigtime.)[ reply to this | link to this | view in chronology ]
This is old news
I saw this on the news 2 months ago. The culprit at that time was Winstar Casinos. You can bet I'll never go there.[ reply to this | link to this | view in chronology ]
Payout exceeded maximum
I heard about this on CBC last night. The story was that the guy was playing a nickel keno machine which had a payout limit of around $3000 if all 5 keno numbers matched. When the guy 'won' it showed the payout jackpot to be $209,000 - that's why they're blaming a software glitch.
Regardless, it would have served them much better to just pay the guy his $200,000 and be done with it. Now they are getting a lot of negative press which could result in fewer people going there to gamble if they feel they won't be paid their winnings.[ reply to this | link to this | view in chronology ]
Re: Payout exceeded maximum
209 000 is an error code that means 'please service'[ reply to this | link to this | view in chronology ]
Re: Re: Payout exceeded maximum
That is funny. Thanks for making me laugh[ reply to this | link to this | view in chronology ]
Been in Service How long?
Just goes to show you the odds--they article states this machine has been in service for 3 YEARS---does it take that long for it to finally hit so you can see the glitch?![ reply to this | link to this | view in chronology ]
that's why
I have started playing poker and blackjack. Maybe not better odds in a 'pure' world, but it has an element of true randomness that no computer COULD duplicate, and of course, anything computerized can easily be fixed in any way you want, from slot machines to voting machines...if it is allowed to be a closed proprietary system. I could see this parlaying into another voting machine debate (as a worst case), i.e. a public outcry forms for legislation that guarantees these machines aren't fixed, flown under the banner of an update to current fair-gaming regulations.[ reply to this | link to this | view in chronology ]
Daily News
This seems to be more commom everyday...not too long ago (maybe early this year, late last year) The NY Daily News had a scratch off sweepstakes insert which were abou 50% (or better) positive. Meaning about 50% of the entrants had the Jackpot numbers. Of course the news rejected them stating a printer/technical error caused the game to be deemed invalid. I thinbk this one is still n the courts....
PS. this ansd the fact that I like to keep money, are two reasons why I don't gamble anymore, anf that means cards, slots, lottery, whatever. It seems evryone can count a 5deck stack so it gotten too crazy...
pps. third reason was I damn near became addicted during HS and college and just had to say NO to gambling...
the preceeding msg is in no way a endorsent by the author or the advertisers. it merely a the opinion of someone whom none you know or care about.....[ reply to this | link to this | view in chronology ]
- Vegas slot machines are actually MUCH safer, more secure, and harder to tamper with than any electronic voting machine ever used in an U.S. presidential election. If they wont to call it a 'malfunction,' then what is to stop me from saying Bush won because of a malfunction?
[ reply to this | link to this | view in chronology ]
- Because bush really did win because of a malfunction....
[ reply to this | link to this | view in chronology ]
So if the other guy had won...
...it wouldn't have been?[ reply to this | link to this | view in chronology ]
This isn't news in Vegas
This happens on occasion in Vegas. It usually involves
an overpay to the customer and it is always handled quickly with the customer getting what he should have won. Why are there no lawsuits? Easy, If you
raise hell at one property you'd be lucky to get a room in a Fremont street flop and you wouldn't even be able to use a one-arm bandit at the 7-11 down the street because your name is toast and they do know you. The entire state of Nevada would be an uncomfortable place for you to be.[ reply to this | link to this | view in chronology ]
Nothing...
'then what is to stop me from saying Bush won because of a malfunction?'
Nothing at all...this time...but when the vote gets tampered with again, and again...say on the act to repeal the 2 term limit. then the act to lengthen presidental term. and then to elect GWB's son...and the act to allow him to spy on all americans...then maybe there will be a big brother gestapo to stop you from saying it....[ reply to this | link to this | view in chronology ]
Re: Nothing...
Man, you need to chill the hell out with the politics. This article had nothing to do with Bush, the election, or the gestapo.
:/ Maybe you should make a blog about your rants.[ reply to this | link to this | view in chronology ]
hahahaha...
I'm not talking *about* politics, I'm comparing...
I'm giving an example of where trusting computers unquestioningly, leads to realistic versions of senarios that people usually say are too extreme, and like to pass off as 'paranoia.'
And often, the best way to prove a point, is to satire it...blow it way out of proportion, so that people can see where their logic leads. Satire happens to be my favorite form of COMEDY.
/: Maybe YOU should turn on your humor detector.[ reply to this | link to this | view in chronology ]
Re: hahahaha...
not to mention - bush won by a landslide. just look at the total votes.[ reply to this | link to this | view in chronology ]
computer random # generators
umm... you guys saying that you don't trust ANY computer slot machine, you DO realize that virtually every slot machine made since at least the early 80's have used transistor/microchip random number generators - right? as in not just the newer ones with crt monitors and whatnot, right?[ reply to this | link to this | view in chronology ]
Re: computer random # generators
I think the question is, who trusts that? Who makes that?
So what if the random number generator is made out of transistors and not software? Irrelevant...either way it can be rigged, so how do we know it isn't?
This is where peer-review would come in handy...or even open source maybe. I mean, if I can't review the logic (code or transistors) then I'd at LEAST like to know someone unbiased HAS.
In Nevada, I think the Gaming commission does verify this stuff...but I don't live there and have never been there so I don't know.[ reply to this | link to this | view in chronology ]
- The article mentions this is not the first time something like this has happened:
There have been similar cases.In 2005, a man from Virginia won more than $11 million US at a slot machine on a reserve in Oklahoma, but was told it was a software error, says the Canadian Press.He settled for a $1,199 US payout.
Also, according to a few Discovery type TV shows I've seen the slots and wheels are the worst odds. The cards and other games of skill have much better odds. They do cost more though... :)
For similar info checkThe Wizard of OddsNote that the house advantage in games of chance such as Keno (25%-29%), Roulette, Slots.Whereas games of skill give the house less of an edge. Of course this is assuming that the house is playing by the state's Gambling laws![ reply to this | link to this | view in chronology ]
Past issue and House Advantage
The article mentions this is not the first time something like this has happened:There have been similar cases.In 2005, a man from Virginia won more than $11 million US at a slot machine on a reserve in Oklahoma, but was told it was a software error, says the Canadian Press.He settled for a $1,199 US payout.
Also, according to a few Discovery type TV shows I've seen the slots and wheels are the worst odds. The cards and other games of skill have much better odds. They do cost more though... :)
For similar info checkThe Wizard of OddsNote that the house advantage in games of chance such as Keno (25%-29%), Roulette, Slots.Whereas games of skill give the house less of an edge. Of course this is assuming that the house is playing by the state's Gambling laws![ reply to this | link to this | view in chronology ]
Doesn't Pay Off
Let's be real. Most Las Vegas casinos advertise at least a 93% payback. Just what does this mean? IT MEANS... If you play a slot machine and run $100 through it, you will only get $93 back through the drop, IF YOU'RE LUCKY!
I have never understood the gambling craze, it's just like all the other get rich quick schemes, the player always loses. Las Vegas wasn't built from people winning money - it's the loser's money that build multi-billion dollar resorts.
Now, here in California, the Indian tribes that have casinos, have tried blaming the software for big payouts but have failed to prove their case. Also the tribes are throwing their own members, fellow tribesmen, out of the tribes and off the reservations, in order to lessen the number of members and thus fewer people that they have to share the profits with.
Gambling means only one thing - GREED, both on the casino's part and the player. The casino wants your money and the player wants to get rich quick without having to earn it. Either way it is spelled G-R-E-E-D[ reply to this | link to this | view in chronology ]
- the house always wins. if you aren't intelligent enough to understand that simple fact, you don't deserve the money that the casino 'wins' from you anyway.
[ reply to this | link to this | view in chronology ]
- As a semi-pro (arbitrary label) poker player, I realize that ALL gambling is a waste of time and that my life is always better spent elsewhere than in the casino. A man who tells me he is a blackjack player is automatically downgraded from 'respectable' to 'degenerate' in at least one way.
At 22 years old, I usually am out have a FEW drinks or talking to my gf on the phone, but every now and then I feel the need to go in there and play. It relaxes me for a while and helps me space out. The smart way to gamble is to devote 5% of your income or less to it, and keep track of it for a while for fun. Buy in to large poker tournaments and, when the inevitable day come where you make a final table, go out and have fun with the winnings, knowing that you aren't actually 'up' all that much.
It amazes me how many people play slots. Keno, which has the largest house edge of any casino game at apprx. (30-35%), is still popular enough to exist despite its simplicity. Blackjack is a more understandable addiction as the game is exciting, fast-paced, and phenomenal runs are possible. I turned 60$ into 1300 in PHX. Then I promptly put 1300 on 4 hands @ ~400 each and lost them ALL.
Gambling is a paradox, a world of bullshit, but man I love it sometimes. I only play for the BIG runs in poker and I play a little blackjack for fun.[ reply to this | link to this | view in chronology ]
blame the software
That's a funny title. But machines break. The word 'Gambling' is such a misnomer. It is a fact that you will lose over time. It should be viewed as entertainment, not a retirement plan.[ reply to this | link to this | view in chronology ]
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Business owners frequently use different methods to promote their services and products. Sweepstakes casino online gaming is one of those business models which help business owners to get more interaction. So sweepstakes casino online gaming business model has grown fast past a few years. As you imagine, companies spend lots of money on sweepstakes online casino games. As this type of business is a useful marketing tool and attract lots of customers attention and keep them coming back. For instance, well-known companies like McDonald’s also present such kind of sweepstakes games and McDonald’s Monopoly is the best example in this case. All of us see sweepstakes games every day, most of the time, we do not recognize them as sweepstakes games. There are numerous sweepstakes online casino games that offer various presents and money prizes as well.
What makes sweepstakes online casino games so attractive?
As we mention above, sweepstakes games become popular and competitive compared with online casino gaming. One of the reasons is people find these games more profitable. Why? The most attractive side of the sweepstakes games is these games offer players get products when they play and doing, so clients get a chance to win something worthy. For instance, some companies offer travel trip, and of course, this kind of offer sounds quite engaging. It helps companies to keep customers and also become sweepstake online casino business owner. This business could be land-based or online. By winning prizes, you can turn them to your account and create the business type we told about. As you see, there are lots of benefits these casino games. Majority of famous companies are aware of the advantages of sweepstakes games, and that’s why they purchase a significant amount for it. For instance, recently the AT&T sweepstakes games get considerable entries and new internet participants. The number of entries was about 4 million, and notes showed about 70.000 new Internet participants.
Sweepstakes games are beneficial for business owners
Online Casino Business Franchise
Most of the users find Sweepstakes online casino games very enjoyable and hope to win something make them purchase more. For example, McDonald’s Monopoly is an excellent entertainment for people, and most of the people are interested in this sweepstakes game than eat any food. The rules in the sweepstakes game make the game exciting. It is also a smart attempt by the company, as you see people like to purchase for fast food and the various entertainments like these games are go quite well with it. So why not if this policy attracts more people and money as well. In this case, we can call Sweepstakes money spinners. These games encourage people to spend more money, and besides, the business owners promote their products as well.
Sweepstakes games also grow engagement in Internet Cafes
Sweepstakes games fascinate gamers when they are interested in to convert awards into money. When a customer goes to the internet cafe, he or she purchase internet access time or phone card which give them access for sweepstakes online casino games. The clients have two choices, either they could play sweepstakes games in the internet cafe or enjoy them from their home. Of course, most people prefer to play these casino games at the internet cafe and doing so they experience to win potential rewards. Besides, the client has a chance to change or convert rewards into money. Isn’t it great? Of course, it is another pleasure for players who do not like the prize he or she got. For example, you win any travel trip, and you have not got time for it. To change award with money is inevitable in this case.
Sweepstakes games are the best choice for making money
The essential of all marketing tools is to persuade clients to buy more products and services. To make the process endless, the business owner needs a strong business plan. So sweepstakes games are one of them which help a business owner get more profit and interaction. Do not forget life is quite dull without entertainment. So to keep your client by serving them better and also your business has to be updated. Otherwise, the bankrupt is undeniable. Also, you need to know that in some places local laws do not allow sweepstakes gaming while other areas are open the door to the business owner.
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What is the main difference between Casino games and sweepstakes games?
There are some differences between the casino and sweepstakes games. Let’s look at them. First of all, the result of each game in casino games is determined randomly, and the possible consequence is about 10,000,000. On the contrary, in sweepstakes games, this number is 10,000 which means that every 10,000 gameplay show guaranteed reward. In addition, in sweepstakes, games players have two balances. One of them Entries which used for start SPIN and the other one is Winnings (you can use in exchange for money) and also keep in mind that you could not use one of them to replace other. But in casino games, you have only one balance that you can use to withdraw money or wager (SPIN). As you see, there are a lot of advantages of the sweepstakes online casino games.
The sweepstakes games consist of some modifications:
Replace Bet to entries and also change button styles from Spin to Reveal and add a purchase rewards choice inside the gameplay. Entries are useful to get real money, and each of video slot games consists of 10,000 prizes. If the awards are given once then the 2nd time, you can get the same offer again randomly. It will repeat again and again. So keep going and enjoy your prizes.
How to build a sweepstake online casino business?
Online Casino Business Model 2017
As we mentioned above this kind of casino business very profitable compared to others. To build or increase your business income you need expert approach. There are lots of companies which deal with this job. But you need to be careful about your choice as there is also scam risk all over. As a reliable company, Skillminegames also offer such kind of services related to sweepstakes software, internet cafe software, online casino software and everything you need based on this type of activity. The sweepstakes online casino games are not only games they are a marketing tool as well. So contact us and get more information about sweepstakes games. As you see, even well-known companies use this tool in their business policy.