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We also know of at least one Bitcoin casino that gives a 10 per cent deposit bonus on all future deposits, for life.
However, this isn’t the same as getting 100 per cent of the first $1000.
We can also see from the graph that the ‘average’ deposit bonus is less than $2, but still more than $2.
But, let’s assume the same $1000 deposits are given to all, and the average bonus is only $2. The casino would have to make about $250 per player that day in fees, and make less than the daily profit it would do otherwise, that’s a very small profit at this point in the game.
However, let’s assume if you were to win your $1000, rather than taking the 10% kick (which is the average), the casino would make roughly $25 per player in profits that day, at best.
So, a $1000 deposit, which means you would get 100% of the first $1000, will only net casino 1.5 times your profits.
This assumes, that the casinos profit rate were to remain the same, which is more likely to be the case. They will also lose some players to another place.
On average, a casino will put more cash into the pot than is required to cover the costs of winning their bet.
So, if the casino puts more in the pot than is required to cover our winnings, it will only win on the day (if they have a profitable place to take our winnings) with the other $1.25 we have put in.
Of course, in a long run the more we put in, the more we win.
And, it will only take a few microseconds to make a micro-reward that is small enough to be almost imperceptible.
Let’s say we put in $1000, now the Casino can expect our winnings, just by making sure we play their games.
This means a casino will only have to lose a few players, in the course of the day.
Let’s say we put in $20, the casino won’t have to lose any players at all.
The only losers are the ones who don’t win, if that is anyone at all.
This also goes for the casino losing the next 20 people who play the same game.
If the casino loses 20 people, it will only make 20 cents in profit from our initial $1000 deposit, but at the end of the day we will still have made $20.
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