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  #1  
Old 08-12-2005, 09:46 AM
FMMonty FMMonty is offline
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Join Date: Jan 2005
Location: London
Posts: 165
Default Casino odds

If an online casino offered this deal would it still be profitable?

Over a one month period, you take the entire profit/loss of each player.

If the player is in profit you, you give them an extra 10% of their profit and deposit it to their accounts at the end of the month.

If the player has lost money, you give them 25% of their loss back and credit this back to their account at the end of the month.

Would the online casino still be profitable? What is the risk? Can anyone do the math behind this?

Any thoughts on this would be greatly appreciated
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  #2  
Old 08-13-2005, 04:15 AM
emp1346 emp1346 is offline
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Join Date: Mar 2004
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Default Re: Casino odds

umm... well... what kind of games are being offered? and on table games what kind of rake is being taken?

these are pretty important to the consideration of the answer, at least as far as i can see it...
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