No Risk PvP Rake Games
Usually, when running an online casino, a money reserve is required to cover the winnings of the first few players that sign up at the casino. The value of this reserve is influenced by the volatility and maximum bet allowed on the games.
However, it is possible to run an online casino without any risk and without the need of a large money reserve, through the use of tournaments, multiplayer prize games and rake games.
Slot tournaments are a way for players to compete against each other. They buy tickets to participate and a portion from the ticket price goes to the prize pool, with the casino keeping 1-2% for its own profit. You can read more about slot tournaments here.
Coming soon: Blackjack tournaments.
Multiplayer prize games
Lottery, Bingo and other games that require the player to buy tickets as a participation fee are another way for the casino to gain profits without any risk. Just like the slot tournaments, the players will buy tickets and a large portion of each ticket price will go to the prize pool, with the casino keeping a small edge for its profit.
We currently offer Raffle Pick, Pick3 and Pick4 for lottery games. These games can be found in our software addons page.
We also offer several multiplayer Bingo versions, which can be checked on our games page by searching for "Multiplayer Bingo".
This includes games where players compete against each other and the winner just takes the money of the losing player. The casino then takes a commission (rake) for putting together the environment for the two players to compete against each other. Such games include Poker, Backgammon, etc. Currently we do not offer any of these products, but soon we will have a PvP blackjack card game and a few others.
The first step towards starting an online casino which operates with real money is obtaining an online casino license. The products that we sell might require a casino/gambling license depending on the jurisdiction in which...