Streamers&sponsor money

[joukot]

How many do not tell that they are playing with sponsor money?

[Kowita]

Wow, I'd never expect anyone being honest about stuff like this. Still won't watch him but thats new to me

[Slotplayer]

Applaud the honesty but that is about it.

The guy is not risking any of his own money, unlike the gambler he is asking to sign up using his link.

He does silly stakes bonus buys because of the fact it isn't real money for him, so doesn't take responsible gambling serious.

These streamers are the cancer of the slot streaming community aided by casinos such as Roobet and Stakes.

[Mexicangarga]

Garga has a similar deal, Roshtein style, I just play the slots for fun. Jebiga

[The Macho Man]

I like xposed, he's entertaining and upfront about his deal. But wow what a deal he has... The guy can go through like 10-20 reloads a night easily. that's 50,000-100,000 the casino is giving to him for free.

Now he does play a lot of the roobet games to build a balance before he goes elsewhere so I'd say the casino gets a large chuck of that back technically, but still the amount of money he's given to piss away is insane and the fact that he secured that deal till 2024 is so strange.

There's a crap ton of money in the casino business, but I'm pretty sure not even Roshtein could pull a 50-100k a day deal (yea the 25% cashout limit helps, but that's still a lot of money this guy pisses away). 

I'm just waiting for the day where roobet says, ok we milked your userbase as much as possible and you're losing too much money for us we have to let you go.  I think they are starting to warn him about it too because he's starting to use his own balance a lot these days. 

[mallerdt]

This guy is fake as hell, why should I believe anything that comes out of his mouth. He's probably lying about this deal aswell.

[BoudewijnB]

On 11/05/2021 at 00:09, The Macho Man said:

I like xposed, he's entertaining and upfront about his deal. But wow what a deal he has... The guy can go through like 10-20 reloads a night easily. that's 50,000-100,000 the casino is giving to him for free.

Now he does play a lot of the roobet games to build a balance before he goes elsewhere so I'd say the casino gets a large chuck of that back technically, but still the amount of money he's given to piss away is insane and the fact that he secured that deal till 2024 is so strange.

There's a crap ton of money in the casino business, but I'm pretty sure not even Roshtein could pull a 50-100k a day deal (yea the 25% cashout limit helps, but that's still a lot of money this guy pisses away). 

I'm just waiting for the day where roobet says, ok we milked your userbase as much as possible and you're losing too much money for us we have to let you go.  I think they are starting to warn him about it too because he's starting to use his own balance a lot these days. 

Roobet only loses money when he cashes out. Before then, no matter the game he plays, Roobet just gets the money back. Many people make the mistake that they think the slot or provider gets the money but in reality they are already paid for and it’s just the casino that has the cashflow of money

[The Macho Man]

On 14/05/2021 at 14:42, BoudewijnB said:

Roobet only loses money when he cashes out. Before then, no matter the game he plays, Roobet just gets the money back. Many people make the mistake that they think the slot or provider gets the money but in reality they are already paid for and it’s just the casino that has the cashflow of money

what???

doesnt make any sense. 

[BoudewijnB]

17 hours ago, The Macho Man said:

what???

doesnt make any sense. 

What doesn’t make sense? Casino gives him money to play with. He plays with it and anything he “loses” just goes straight back to the casino. Casino only “loses” money once he cashes out and puts the money into his own pocket. Not that hard to understand haha

[The Reel Story]

1 hour ago, BoudewijnB said:

What doesn’t make sense? Casino gives him money to play with. He plays with it and anything he “loses” just goes straight back to the casino. Casino only “loses” money once he cashes out and puts the money into his own pocket. Not that hard to understand haha

Not quite true. Most games are on a rev share model, so the casino gets 80% ish, the platform gets 12% ish and the game provider gets 8% ish of the monthly profits. 

That said, I expect they would just exclude the play of sponsored players when doing their profit calculations, so in this instance I would guess that you're right and the casino is only 'losing' their 25% of cash outs. 

[The Macho Man]

57 minutes ago, The Reel Story said:

Not quite true. Most games are on a rev share model, so the casino gets 80% ish, the platform gets 12% ish and the game provider gets 8% ish of the monthly profits. 

That said, I expect they would just exclude the play of sponsored players when doing their profit calculations, so in this instance I would guess that you're right and the casino is only 'losing' their 25% of cash outs. 

Think your numbers might be backwards. I dont think casinos get 80% id say they probably get like 5-15% the game provider getting the majority of the profit. hence why the providers pay all the jackpots and big wins. 

[CasinoNinja]

11 hours ago, The Macho Man said:

Think your numbers might be backwards. I dont think casinos get 80% id say they probably get like 5-15% the game provider getting the majority of the profit. hence why the providers pay all the jackpots and big wins. 

No they don't.

 

Providers does not play for losses except for big linked jackpots as you mentioned, the casino takes all the losses otherwise and the providers take a certain small percentage of wins (for the casino).

If the casino only got 5-15% how would they survive when people would win? 

[The Reel Story]

11 hours ago, The Macho Man said:

Think your numbers might be backwards. I dont think casinos get 80% id say they probably get like 5-15% the game provider getting the majority of the profit. hence why the providers pay all the jackpots and big wins. 

My numbers are accurate. I've supplied services under a number of these contracts as the platform provider 😊

[pausefisk]

13 hours ago, The Reel Story said:

That said, I expect they would just exclude the play of sponsored players when doing their profit calculations, so in this instance I would guess that you're right and the casino is only 'losing' their 25% of cash outs. 

Interesting, but in order to exclude all spins played with sponsored cash, is the platform and slot provider involded in those deal? How can the casino decide on behalf of the providers "this spin you dont get paid for..." ?

[The Reel Story]

4 hours ago, pausefisk said:

Interesting, but in order to exclude all spins played with sponsored cash, is the platform and slot provider involded in those deal? How can the casino decide on behalf of the providers "this spin you dont get paid for..." ?

There is no single answer to that, as it really comes down to specific commercial arrangements, but on the platform I worked on, it was my company who ran the reports and prepared all the profit reports. We would then invoice the Casino for our share and inform the game providers what to invoice. While this was before the age of streamers etc, we could have easily been asked to prepare the report but exclude all play from users X, Y and Z.

As the platform provider, we wouldn't have needed to be involved in the deal with any specific sponsored player, but we would have had to have an agreement with the Casino that 'Certain play or contributions will be exempt from profit calculations' as a specific clause in our contract with the Casino. The Casino would then just provide a list of exceptions each month to us (but we wouldn't care who or what those exemptions were, or what deal they had. Just that they were legitimate deductions.

This never happened BTW, but that's likely how we would have done it should the scenario have existed back then.

I have a friend who is a commercial director in the industry still and does these kinds of contracts all the time. I'll ask if he's seen anything like that.