| Posted by: kidcool at March 8, 2002, 3:09 am | | Topic: $1300? Is this for real? Forum: Winner Online |
ok can someone explain how these casino afiliate programs work? i keep reading about them 25 to 50% of players for a lifetime of the player ????? WOW
OK i understand that they all work diffrently. i think u get paid every month is that right? ok if so lets say u got 2 people and they both put in lets say $100
and one guy loses -$100 his name is Bob.
the other guy his name is Jeff he also puts in $100 jeff wins +$100. so now becouse Bob lost $100 but jeff won $100 that means that the casino broke even on 2 diffrent people. now do u still get your 25% of Bobs loss so now u make $25 or does jeffs win offset bobs losses so now u are at 0% if u do get the money from bobs loss and it does not get offset by jeffs win how can a casino do that unless they cheat the players? come on tell me how a casino can have an average pay out of 95%. but give out 25% of losses. lets think about this lets say Bob and Jeff play black jack. lets they are ok black jack players u know they play as close to basic stradigy as they can or lets just say they mimic the dealer they have close to a 50% chance of winning any single hand i know its less but not much and im trying to keep it simple. so now if Bob and Jeff both bet 1 hand of black jack then 1 should win and one shoud lose (in the long run or on an avrage) they and the casino are even but i get 25 % that looks like an edge to ill just refer my self and bet bet $2000 a hand every month mathimaticly in he long run u cant lose !!!!
[This message has been edited by kidcool (edited 03-08-2002).]
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