In one of the recent gaming industry events that i attended, I overheard a conversation between two gentlemen and one of them told the other that having a white label gaming site is a way to make quick money online. I tend to not totally agree with this statement.
The speed advantage that a White Label gaming solution has is the period till when one actually launches the gaming site, as the only task will be that of integrating the games within a newly designed website and then go live. You basically avoid the bureaucratic process of applying for a gaming license, formulating sets of documentation, going through rigorous technical audits, paying legal togel, application and license fees, and in some jurisdictions you are also required to register a company in that same jurisdiction. With a white label solution you do not need all this and you can still have an online gaming site within a regulated licensed platform.
It normally takes a couple of weeks to have your poker casino gaming site fully operational and online, and then it is up to you to drive traffic towards your site. For the white label client, the operator will take care of the rest. The administration of your site will be processed on a daily basis leaving you ample time to focus on your marketing strategy. Your operator will monitor all registered players and ensure that fraudulent individuals enter your database, all financial transaction related to depots and withdrawals take place through secure online payment gateways. Even the transaction fee is taken care of by the operator.
Online players need constant attention and it is important that you offer good customer support in all the languages of your target markets. There are few players who claim eternal loyalty to a gaming site and hence the active gaming cycle on a particular site may vary from weeks to a couple of months. Customer retention is all in your hands. Creativity in marketing and customer retention is of great importance in today’s competitive online entertainment business and one can only target the right players by knowing the players themselves. You can either to set up and manage your own customer support team or else let the operator handle this task for you. Casinos are popping up almost daily on the internet today, and all of them are offering some sort of incentives to sign on new players. Bonuses for new depositing players, daily bonuses, money back on losses incurred, monthly promotions, and compensatory rewards are just a few examples of what is now being offered. Before opting in for these bonuses, however, you should learn more about the requirements and restrictions that have been established by the casino. After gathering all of this information, you can make a much better decision about whether or not you want to take advantage of the bonuses offered.
1) First and foremost, you will need to look closely at the types of bonuses that your casino is offering. Almost all of the casinos, such as Lucky Live Casino, have some sort of “Initial Deposit Bonus”, which will pay a percentage of your first deposit, up to a pre-set amount. For example, Smart Live Casino is offering 150% on an initial deposit, up to £300, or Lucky Live Casino is offering 100% on the initial deposit up to 100. You will also find bonuses that are paid for deposits made by existing players, or monthly promotion bonuses that offer a larger bonus for a specified amount of time. Most casinos also offer a “friend” bonus, like “Refer a Friend” which pays for each player that you bring to the casino, or Comp Rewards for players who frequent the casino on a regular basis. One of the newer bonuses that is becoming popular is one in which a player is reimbursed for a percentage of the losses that they incur during a period of time.
2) Some of the bonuses might sound pretty good, but you will find that you may be limited in the number of times that they can be claimed. A good example of this is the Sign-On Bonus, which is only offered when a player is making their first deposit at a casino. After that first deposit is made, this bonus will no longer be available, even if you should change your mind. At this point, your best bet will be to look into a “second deposit bonus” or a “Comp Point” reward program. These bonus offers are normally available for many, or all, subsequent deposits. The Refer a friend Bonus is virtually unlimited, and will be paid for each of the players that you actually send. Monthly promotions or drawings are only good for the specified amount of time and have a definite end day and time. Most drawings will have a minimum deposit amount to be eligible.
3) Wagering Requirements are almost always attached to a bonus, to prevent players from simply collecting the bonus money and then cashing out. In a nutshell, a Wagering Requirement can be described as the amount of money that needs to be wagered before a player can make a withdrawal from their players account, in the event that they agree to accept the bonus money. Most casinos will require the wagers to equal the amount of the qualifying deposit plus the amount of the bonus, multiplied a certain number of times. A good example of this is at Circus Casino, where the wagering requirement for the initial Deposit Bonus is 25 times. If you make an initial deposit of 150 and your bonus money equals 150, your wagering requirement will be 25 times 150 plus 150, or 7500. You will find that some casinos have a higher wagering requirement, while some casinos are lower. There are usually other restrictions attached, so don’t just look at the amount to decide which bonus is best.