interesting concept run by the correct people imagine getting a share of apple,GE, Boeing, or any other wall street security , for prizes winnings or comps
The question would be where would the money come from?
One of two things has to happen. Either a chunk of your deposit is removed before you play it and is invested in which case you could just as easily deposit that much less and invest the remainder yourself cutting out the middle man and most likely earn more money off it as a result.
Or a chunk of your losses is invested in your name. The only problem with that is your losses are the casinos income.
If a casino operates with a theoretical return of 95% what percent of the casino's theoretical profit can be given back to the players in the form of investments before the casino eventually goes broke?
For this to work 3 things have to happen.
The money cannot come from the casino's profit.
The player has to know exactly where the invested money is and have access to it.
The investments cannot rely on the casino staying in business.
There is of course a theoretical solution.
The casino's games would have to operate like a progressive slot with a slightly lower TRTP. Progressive slots shunt a small percentage of the wagers to a jackpot but in this case the wagers would have to be held for investment. Just like a progressive jackpot, the amount of money earned should be visible somewhere in the casino. Either that or do away with the Comp point system and use those funds.
Each player would have to set up an account with the (presumably reputable) investment company and the casino would only be allowed add money into the player's investments. The casino should have no access to remove funds.
The only other hurdle is a minimum investment. No reputable investment company is going to bother with nickels and dimes so it might take months or even years to accumulate a large enough balance before you even start investing.
It also means a lot more work for the financial department so don't complain if you're sitting around waiting for your withdrawals to be processed.
It's an interesting concept but again, the money has to come from somewhere and I guarantee you it's not going to come out of the casino's pocket. If the casino operates with a lower TRTP, only people interested in making these investments are going to be interested in playing there.
If the comp point system is used players could be given a choice to invest the comps or just play them as they would any other casino.
This would by no means even put a dent in the amount of money you deposited but it would allow some of your wagers to be returned as investments. without bankrupting the casino.
he's got a snake for a profile pict!
