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One of my surprising experience of playing at a land based casino/game shop was when I lost about 2000 INR (about 25EURO) and while leaving the operator gave me 20% back and said "this is for good luck". I did not understand that but someone outside casino explained be that because these slot machines were mechanical the owner did not have to share any profit with the providers of machine so they rather give some of the losses back to the depositor. Fair enough. Next to the same shop there was a land based casinos(this one had software provider) where nothing like this happened. Since I became friends with the operator as I was playing there for over two years I asked him why they also dont give some money back as " goodluck." He explained me the basics of profit sharing. The casino operator had two choices. Choice one that the software provider of slots and operator share 50/50 i.e. if a player losses money on slots they both will share equally and if the player wins the payout will be given by both. Or choice two that operator keeps all profit but has to pay a certain amount every month to software provider(of slots) and also if the player wins the entire amount would be paid by the operator barring the Playtech jackpot. This is the basic business model of casinos that I have always had in my head. Now lets focus on the title of this topic and please enlighten me if online casinos also work in same way. Off late a lot of casinos have been released by N1 interactive which are following this strange business model of not giving any sort of welcome package or any deposit bonus but only cashback. Winny(10%), samosa(11%), crazy fox(20%, casiqo(10%) to name a few. How does the business model of casinos work. In this type of profit sharing and as a player should I stay away from these casinos. Why? Because according to me these casinos which provide cashback are like the landbased casinos who chose bigger profit margin and casinos that give match bonus are ones who probably are the ones to take lower risk. The cashback ones are taking that risk of taking bigger chunk of player losses which is their bigger profit and I believe since they are doing this they are also lowering the RTP so that they are at a lower risk of bigger payouts. I know how regulation of RTP works but lets be honest these RTP are based on millions of spins. Is someone here aware of the profit sharing business of casinos and what is the deal that casinos get from slotproviders if they go for cashback vs match bonus. I know this decision is made by Casino management but at the end of the day they do talk to providers regarding RTP and stuff and the impact it might have on the final payout. That is why winnings with bonus money is capped. Enlighten me people!!!

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