So...... If You Owned A Casino ?

[LaurieJim]

So you just hit the largest lottery( Congrats ) in the world and decided to open up your own online casino, what would you name it and what bonuses would you offer to keep your casino open and happy players coming back ?

I often wonder how hard it is to run such an outfit as online gaming as you have to keep players happy whilst making enough to cover overhead expenses , such as payroll for customer service and advertising and of course paying out those huge freaking wins.


If I owned a casino , I would call it...............Slot Lovers Galore , only slots at this brand new casino , a welcome bonus of 300% with a 30x Rollover and no max cashout , Daily bonuses of 100% same rollover and no max cashout and of course I would be accredited on CM

So how long would my casino last and would I try to cut corners as this seems what some casinos do as they sometimes face money issues as we have seen so many times on the board.

I just wanted to show that the more trusted casinos have the money to back them up and sometimes it is the bonuses or so trying to please players by coming off with great bonuses and service can break even a good decent casino, guess this is why they sometimes put into place terms we just do not like.

So what do you say ? I would love to hear from some casino reps out there as well !

Laurie

 

[lnspin]

Actually My casino would have no bonuses, in this was there is never any excluded games or turnover issues.. You deposit, You win and money is yours..

We would have a loyalty system where we would give free play as in land based casinos, but money would still be yours

 

[LaurieJim]

Actually My casino would have no bonuses, in this was there is never any excluded games or turnover issues.. You deposit, You win and money is yours..

We would have a loyalty system where we would give free play as in land based casinos, but money would still be yours

So the loyalty system would be in the way of a comp or after so many points say like 3 Dice , you would turn x amount of points into real play cash , cool

There are so many players that like bonuses , wouldn't you worry about losing those new signup players that wanted to give your casino a shot ? Just saying !!

Laurie

 

[Cleveland]

I like this question, me going to answer later. Gotta run for now...keep the thread going keep the thread going

 

[The Viking]

Well firstly if i won the largest lottery, i am not sure if i would work at all and most suddenly not as much as i can imagine it is
i would of course have at least 100% sign up offer, and about 1 good bonus offer a week to keep the bonus hunters coming back
im also a big fan of loyalty program were you save up comp points , i remember Rivals when they were coming around and you would get comp points based on your level, i liked them until they bonus banned everyone and you start from scratch

 

[dionysus]

I'd go for simplicity...just slots, several softwares, no bonuses
dep and wd, thats it
comps as cash back based on slots play

 

[akrus88]

If I'd be greedy. I would offer daily 100%-200% bonus offers with 60x-80x bonus rollovers. With quite strict bonus T&C. I am sure that would attempt quite a lot players (espicially slot players). But with that rollover I'd be rich!! (Well I would be rich allready if winning the lottery, but still.).

 

[bigjohn]

Being in the US my recent experience is somewhat limited (lol) but I really think I would try to follow the 3Dice model.

I think if you provide excellent CS you don't need big bonuses to retain players. Any associate you speak to on the phone or in chat must be able to remedy any problem right away.

One 100% SUB and 2 or 3 bonuses a month but I would base those bonuses on how much a player deposits not on how much they wager.

 

[LaurieJim]

If I'd be greedy. I would offer daily 100%-200% bonus offers with 60x-80x bonus rollovers. With quite strict bonus T&C. I am sure that would attempt quite a lot players (espicially slot players). But with that rollover I'd be rich!! (Well I would be rich allready if winning the lottery, but still.).

So do you think your casino would be on CM's accredited list or would you even worry, I mean your making money and you have that huge fortune already.

I think this is fun , trying to put yourself in the casino's shoes and pondering if you would you run a clean fair casino or be like that Virtual casino groupBite my tongue Eweeeeeeee !!!!

Isn't 80x a bit much , I mean it is your casino after all , just wondering as a make believe potential player

Laurie

 

[akrus88]

So do you think your casino would be on CM's accredited list or would you even worry, I mean your making money and you have that huge fortune already.

I think this is fun , trying to put yourself in the casino's shoes and pondering if you would you run a clean fair casino or be like that Virtual casino groupBite my tongue Eweeeeeeee !!!!

Isn't 80x a bit much , I mean it is your casino after all , just wondering as a make believe potential player

Laurie

Well, propably I would not do that. But if I'd be greedy I would ..
Jetbull runs 80x bonus wr's. And I would actually opt in quite often if they would offer 100-200% daily, just to extent my playtime .

Propably Id lower the WRs depending on ones loyalty level. So instead of giving more bonuses to loyal players, I would give lot of bonuses to everyone, but the conditions would be based on your vip level .

 

[dunover]

I would have 'Casino Bastardos'.

No SUB. Every 24 hours you would get net real money losses unlimited (if applicable) as a bonus with 40x WR. Obviously bonus losses don't incur this bonus, or losses from real money which resulted from a successful bonus 40x playthrough.

No stupid loyalty points. You know, when you play 5000 spins in 6 hours at £1 and get a stupid £5 in bonus 'cash' afterwards....

Plenty of 1/5/10 buy-in slot tourneys, where there are no add-ons or buying extra time or credits.

A bespoke front, offering games from all major softwares.

It would be licensed in Uzbekistan or some other LA famed for its player protection and integrity.

US welcome, paid by WU. Actually, not on all softwares of course....

Games on 95% RTP - it would be like winning the lottery all over again..

 

[LaurieJim]

I would have 'Casino Bastardos'.

No SUB. Every 24 hours you would get net real money losses unlimited (if applicable) as a bonus with 40x WR. Obviously bonus losses don't incur this bonus, or losses from real money which resulted from a successful bonus 40x playthrough.

No stupid loyalty points. You know, when you play 5000 spins in 6 hours at £1 and get a stupid £5 in bonus 'cash' afterwards....

Plenty of 1/5/10 buy-in slot tourneys, where there are no add-ons or buying extra time or credits.

A bespoke front, offering games from all major softwares.

It would be licensed in Uzbekistan or some other LA famed for its player protection and integrity.

US welcome, paid by WU. Actually, not on all softwares of course....

Games on 95% RTP - it would be like winning the lottery all over again..

Now thats a damned cool name for your new casino, lovin it !!!!

Laurie

 

[Simmo!]

Actually My casino would have no bonuses, in this was there is never any excluded games or turnover issues.. You deposit, You win and money is yours..

We would have a loyalty system where we would give free play as in land based casinos, but money would still be yours

I'd never run a casino but if I did, this would be my philosophy too. Then basically copy what 32Red and 3Dice do but with games from different proviers

 

[Cleveland]

Name wise I'm at a lost, as I'm not good at naming things. Maybe my casino would just be called _____________ <~~~ Blank??? I dunno.

I'm in agreement with those that would shy away from using bonuses too much. I would probably have a sign up bonus at the minimum, and save the heavy bonus offers for player loyalty. Maybe, just maybe I would run one weekly bonus offer, but not likely.

Customer service would be number one priority, followed by rolling out new games as often as possible without getting carried away, and not repeating the same game over in a different skin (probably easier said than done). Bi-weekly staff meetings would be a must to keep them up to date with casino operations, news, or simply to find out what they have to say about things on the ground level.

I love when B&Ms have the random drawings that anyone in the casino can win. 3dice does it at certain times throughout the year. I would likely institute those, but on a more regular basis. Not crazy amounts but maybe 1K or 2K, and run it monthly, or twice a month. Anyone who is logged on at the time of the drawing can win, and of course an announcement for the time range when the drawings would be held.

Any bet restrictions for bonuses would be built into the system so the player doesn't have to keep track of them. So max bet, game restrictions, etc. 24-7 live chat of course is a must.

I love table games, and I'm surprised that people would go the slots only route. I guess from a profit stand point it makes sense.

Lastly free beer, and built in xxx sites (optional of course )

 

[bsilva028]

if it was me
i would create some kind of 2 in 1 casino

wiht some kind of have in the same site "casino with bonus" (and rules of course) and "casino without bonus" (same games, of different software providers)

to players have the choice of what they want

 

[LaurieJim]

Name wise I'm at a lost, as I'm not good at naming things. Maybe my casino would just be called _____________ <~~~ Blank??? I dunno.

I'm in agreement with those that would shy away from using bonuses too much. I would probably have a sign up bonus at the minimum, and save the heavy bonus offers for player loyalty. Maybe, just maybe I would run one weekly bonus offer, but not likely.

Customer service would be number one priority, followed by rolling out new games as often as possible without getting carried away, and not repeating the same game over in a different skin (probably easier said than done). Bi-weekly staff meetings would be a must to keep them up to date with casino operations, news, or simply to find out what they have to say about things on the ground level.

I love when B&Ms have the random drawings that anyone in the casino can win. 3dice does it at certain times throughout the year. I would likely institute those, but on a more regular basis. Not crazy amounts but maybe 1K or 2K, and run it monthly, or twice a month. Anyone who is logged on at the time of the drawing can win, and of course an announcement for the time range when the drawings would be held.

Any bet restrictions for bonuses would be built into the system so the player doesn't have to keep track of them. So max bet, game restrictions, etc. 24-7 live chat of course is a must.

I love table games, and I'm surprised that people would go the slots only route. I guess from a profit stand point it makes sense.

Lastly free beer, and built in xxx sites (optional of course )

It looks like you have a sound plan for your nameless casino , no one has mentioned the processors tho' , I think this would have a huge factor in running a smooth casino if you were going to have a US facing casino operation, this seems to be a problem in the real online casino world and I can only imagine the hell they have to go though getting players payed. It does make one wonder how the good casinos pull it off and manage to stay on top and afloat

Free Beer , all for that , just how can we enjoy it , well it is make believe anyways !!!!

Laurie

 

[X-Raided]

I thought about this before..

I would call my online casino "PairODice Casino".

My online casino would have absolutely no bonuses whatsoever.
There would be free play like at B&Ms and a points system. The points
could be used on pairodice's website to get virtually whatever merchandise
players could want.

I would partner up with sites similar to Amazon to have a plethora of products that
could be obtained for players with the points accumulated during play.

The online casino would be 80% Slots.. I would work out a deal to directly port the most popular B&M slots
to be featured on pairodice's website. There would be a few originals only for pairodice that would only be
created my WMS *(I LOVE WMS!)

ONLY live dealer card games would be allowed. Period.

Live dealer blackjack or Live dealer three card poker would have two selections for players. Men or gay women
can select a dealer that is an attractive female and women or gay men can select an attractive man as the dealer.
High limit players have perks. Live dealers of the high limit player's choice can be fully nude. Tips are allowed in all the
live dealer rooms. Nude live dealer games have a table minimum of $100 a hand.

 

[LaurieJim]

I though about this before..

I would call my online casino "PairODice Casino".

My online casino would have absolutely no bonuses whatsoever.
There would be free play like at B&Ms and a points system. The points
could be used on pairodice's website to get virtually whatever merchandise
players could want.

I would partner up with sites similar to Amazon to have a plethora of products that
could be obtained for players with the points accumulated during play.

The online casino would be 80% Slots.. I would work out a deal to directly port the most popular B&M slots
to be featured on pairodice's website. There would be a few originals only for pairodice that would only be
created my WMS *(I LOVE WMS!)

NO CARD GAMES (Except live dealers) would be allowed based on the fact that.. Well.. It's just not like the real deal
at a B&M.

Live dealer blackjack or Live dealer three card poker would have two selections for players. Men or gay women can select
a dealer that is an attractive female and women or gay men can select an attractive man as the dealer.

PairODice sounds like one heck of a casino name , love the concept as well and also like the idea of a smoking hot male dealer and catering to the gay players to makes sure no one is left out, sounds like a plan

Laurie

 

[X-Raided]

PairODice sounds like one heck of a casino name , love the concept as well and also like the idea of a smoking hot male dealer and catering to the gay players to makes sure no one is left out, sounds like a plan

Laurie

Let's do it! Seriously, when can we have such an online casino? I hope the U.S.
gets their shit together.. AND FAST!

 

[243 lines=daft]

I would have very clear documentation for every game about the process that determines the result of the spin / deal / selection etc.

If the result of a game was determined purely by random factors I'd have a 'True Random' shield graphic placed above it.
If it was a game whose results were determined not only by random results but by S&R bounce points or some procedure that ensured a fixed RTP to the house and/or shareholders, this would be clearly stated.

There would also be a 'stupidity tax' that took a rake of 1 percent of a players net winnings from playing any martingale type system on cartoon blackjack.
This would go to a clearly stated respected charity such as UNICEF etc

I would call the casino the 'Ray of Hope Casino'

 

[chuchu59]

Actually My casino would have no bonuses, in this was there is never any excluded games or turnover issues.. You deposit, You win and money is yours..

We would have a loyalty system where we would give free play as in land based casinos, but money would still be yours

The drawback would be the low patronage as you haven't built up a reputation yet so why would others choose your casino over others. They could easily deposit elsewhere and cash out without problems. What other perks will you give to players.

 

[Mousey]

I would call mine Fresh Air. I'd want a large assortment of everything - slots, VP, table games, etc. - and the best variety/selection of VP around (with decent paytables). (Sorry, but no RTG games allowed untill that stupid max spin payout inside games is killed).

Docs verified before playing/depositing.

One time 100% sign up bonus, 20x WR on slots, no max cashout.

1 x playthrough on earned comp $, no max cashout.

Freebies given out on birthdays and holidays to loyal depositing players, 20x WR on slots, no max cashout. Mid to high rollers, little goodies (like candy or cookie tins or fruit baskets) shipped out at Xmas time.

Once a month 100% bonus, 20x WR on slots, no max cashout.

As someone stated above, disallowed games would be blocked in the software. Any max bet limitations would be taken care of within the software.

No measely $4k per week payout limits. You withdraw it, you get it. Progressives paid out lump sum.

24/7 good to excellent customer service reps who actually READ emails and answer your question.

Prompt cashouts 24/7 for verified players. At least one cashier on duty during weekends and holidays.

I know.... dream on...

Honestly, I'd like to own an online casino for 5 minutes just to find out why 'overhead' is stated as a reason they don't give out more goodies and freebies to players -- I mean... have you ever been inside one of the land based casinos and hotels in the states??? Their power bill for one day is staggering... then there's VIP Hosts, cashiers, room attendants, security, etc., etc., etc.... let alone free money, food, rooms, booze for even mid to upper low rollers.

 

[BingoT]

Buggers Casino & Grill
"Any slot you Pick is a winner "
Every $20.00 you deposit you get $10.00 free.
And if a little Bugger pops up on your promo window you will get $20.00 in Bugger chips where you can play anyplace in the house.
You can use them anytime you like up to $500.00 to bet on.
The more Buggers you Pick the more money you can save to play with.
So come Pick a Winner today!!

 

[lotusch]

I was actually close to setup my own casino a good 4 years ago.
I had it all sorted out,had a very good management plan and had a few possible co-investors to obtain the required software,licenses and offcourse nifty website.

I was looking to run my own Novomatic Slots casino,powered by Greentube technologies.
As I was and still am a big fan of these slots and there are only a few online casino's who offer a decent choice of these slots within their portfolio.

After long thinking I decided to put the plans in the freezer for a while due to the huge costs I would have to make to purchase the games/software.
I was shocked when I heard what it actually costs to buy a portfolia of Novomatic Slots.

So here we are,4 years down the road and I haven't touched these plans anymore.
Still somehwere in that freezer.

I play online casino's and do a bit of affiliating for some casino's but that is as far as it got for me and I am fine with that. ^^

But my casino name would be: Sensational 7's or 7's Heaven as the 7 symbol was always my favourite symbol on any slot that had them on the reels.
7&11 are my "lucky" numbers,I mean I do like these numbers for some reason.

So yeah there you go.

I would defo have implemented following:

*Loyalty program
*Regular slots tourneys
*Regular freebies - €5.00 no deposit/wr credit
*A wide range of payment methods
*Dedicated CS team
*A big portfolio of slots choices for players
*A nice modern but easy to navigate website

Just my few idea's when I think of owning my own casino. ^^

 

[LaurieJim]

I would call mine Fresh Air. I'd want a large assortment of everything - slots, VP, table games, etc. - and the best variety/selection of VP around (with decent paytables). (Sorry, but no RTG games allowed untill that stupid max spin payout inside games is killed).

Docs verified before playing/depositing.

One time 100% sign up bonus, 20x WR on slots, no max cashout.

1 x playthrough on earned comp $, no max cashout.

Freebies given out on birthdays and holidays to loyal depositing players, 20x WR on slots, no max cashout. Mid to high rollers, little goodies (like candy or cookie tins or fruit baskets) shipped out at Xmas time.

Once a month 100% bonus, 20x WR on slots, no max cashout.

As someone stated above, disallowed games would be blocked in the software. Any max bet limitations would be taken care of within the software.

No measely $4k per week payout limits. You withdraw it, you get it. Progressives paid out lump sum.

24/7 good to excellent customer service reps who actually READ emails and answer your question.

Prompt cashouts 24/7 for verified players. At least one cashier on duty during weekends and holidays.

I know.... dream on...

Honestly, I'd like to own an online casino for 5 minutes just to find out why 'overhead' is stated as a reason they don't give out more goodies and freebies to players -- I mean... have you ever been inside one of the land based casinos and hotels in the states??? Their power bill for one day is staggering... then there's VIP Hosts, cashiers, room attendants, security, etc., etc., etc.... let alone free money, food, rooms, booze for even mid to upper low rollers.

I would play at your casino Mousey Great terms and sounds like you have your casino figured out to stay on top of the game

Laurie

 

[Simmo!]

The drawback would be the low patronage as you haven't built up a reputation yet so why would others choose your casino over others. They could easily deposit elsewhere and cash out without problems. What other perks will you give to players.

On the plus side you would get a number of more hardcore players and your support overheads and running costs would be much, much lower, as would the risk of complaints appearing on the web to damage your reputation. You could channel the cost savings into looking after the good players much more effectively I reckon.

Bonuses would definitely bring in more players but at a relatively high cost too.

 

[dunover]

Buggers Casino & Grill
"Any slot you Pick is a winner "
Every $20.00 you deposit you get $10.00 free.
And if a little Bugger pops up on your promo window you will get $20.00 in Bugger chips where you can play anyplace in the house.
You can use them anytime you like up to $500.00 to bet on.
The more Buggers you Pick the more money you can save to play with.
So come Pick a Winner today!!

Well, you got gay marriage in the US so I could see it working I suppose.

 

[paul@bgo]

I like this post Keep the comments coming, makes for interesting reading on how people perceive the online gaming industry!

 

[LaurieJim]

I like this post Keep the comments coming, makes for interesting reading on how people perceive the online gaming industry!

This too was exactly what I wanted to see , how posters if they had a chance would operate an online casino, which platform and name they would choose and of course we can not forget those Bonuses and Terms, it has been very interesting reading the posts

Laurie

 

[Nifty29]

Interesting read.

I have to say, with all due respect, that there are many people who just don't understand what's involved in setting up and running a successful online casino...and even more importantly, the surprisingly small profit margins. Its why you see so many go under...if it was that easy, any fool could make a killing, but the fool's do not.

Its easy to say "If I owned a casino I would..." , but the reality is that the POV of the player is usually quite different to that of the operator. It really should be called "As a player,I would love...." because a fair chunk of the suggestions here....in a practical commercial sense...are really pie-in-the-sky perfect world stuff.

In other words, unless you know what owning and running a casino is all about, there's not much point saying what you'd do if you owned one, because your number one priority would be making money and protecting your investments which means things like not giving away the house and counter-fraudster measures which inevitably means lots of rules etc.

I think lotusch made some good points about the realities of casino ownership.

 

[Przecinek]

I don't think I would bother setting up my own casino if I had the money. You have to pay affiliates, you have to pay the players, you have to offer bonuses. Everything costs money, and you "only" work on a 5% margin.

I would definitely work somewhere and utilize this massive amounts of cash but not trough my own casino propriety...maybe start working as a virtual reality developer/investor ... who knows

Name? Hmm maybe "Brutal CASINO" -> only highest variance slots, Break da bank again, Immortal Romance etc

 

[dionysus]

I don't think I would bother setting up my own casino if I had the money. You have to pay affiliates, you have to pay the players, you have to offer bonuses. Everything costs money, and you "only" work on a 5% margin.

I would definitely work somewhere and utilize this massive amounts of cash but not trough my own casino propriety...maybe start working as a virtual reality developer/investor ... who knows

Name? Hmm maybe "Brutal CASINO" -> only highest variance slots, Break da bank again, Immortal Romance etc ;)

would that work? I'd think those who casually play would quickly lose, feel disgruntled and not return...and those with a larger bankroll will play for the big hit...without the low to medium variance games to casually suck players dry, wouldnt the casino go quickly bankrupt?

 

[pmutts]

How about . . .

ALOTTASLUTSLOTO I would definitely be rogue. I would operate on the Top Game platform and aspire to be rougued on Casinomeister faster than any new casino to ever launch!

 

[LaurieJim]

ALOTTASLUTSLOTO I would definitely be rogue. I would operate on the Top Game platform and aspire to be rougued on Casinomeister faster than any new casino to ever launch!

Will not be playing at your casino

Laurie

 

[RRicav]

(...) what bonuses would you offer to keep your casino open and happy players coming back ?
So how long would my casino last (...)

Hello
I think to create something new you need to see what is being done.

Why invent the wheel again?

I think you need to understand why some are more successful than others. See what they have or what they do to be successful.
After ... so ... make improvements.
Thanks

 

[Bullajami]

I would name my casino "Mrs. Bull's Doghouse" because that's where I seem to spend most of my time. I would offer a 100% match first deposit bonus up to $300 and require a 30X rollover. No game restrictions. CRYSTAL CLEAR T&Cs. I would then offer reload bonuses only to players who were playing in a recreational manner. Advantage players can get one shot at me, but after that I would discriminate.

 

[Mouche12]

Fun question! If possible, my casino would feature the largest array of slots, either download or on the website, including Aristocrat, IGT, GM, NetEnt, even RTG if that's possible, the whole lot!

A juicy 200% bonus up to $250 with 35x WR and bi-monthly bonuses of 100% up to $100, as well as a generous comp system. Payouts within 2 hours to e-wallets, next day payouts to bank accounts. Payments will be processed 365 days a year in most currencies, no reversal possible once you've made the withdrawal. No cashout restrictions, no cash-out fees either...

....And weekly contests where you can win free cash and free spins (with 35x WR, but no cashout restrictions...). Basically following up on and improving the Guts casino model, they're doing a good job!