The modern online casino market grows every year. This is partly due to the growing mobile Internet market which has long been linked inextricably with online gambling, and super-profitable online casino bonuses, free spins, and many other features which allows users to ern even without investing their own funds.
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Playing in free online casinos promises large prize money, but where does the gambling club get big money? This question was asked by all the guests of the clubs. The expenses of the establishment are really quite large, because they include not only payments, but also the payment of salaries to employees, advertising costs and much more.
The answer is quite simple — the profit of the casino amount grows with each client’s bet and lies in its advantage over the guests. This is the difference between the likelihood of receiving a prize and the immediate winnings of gamers.
What is the advantage of the club and what is its trick?
What winnings does the casino receive? These are the benefits at different levels:
- Percentage advantage in paying casino winnings.
- Commission fees.
- Active play against clients.
The profitable part of the casino’s winnings consists of the percentage that it receives from each win of the user. Depending on the slot machine and the rules of the gambling house, the return percentage can range from 86 to 97%. The remaining 3-14% go to the general fund. It is this amount that the casino is intended to spend on paying online casino bonuses, payments and gifts. On the other hand, not every gamer always has an upstreak. Losses are one of the main sources of profit for the gambling hall.
Receiving big winnings in a free online casino, a regular expects to get the entire amount not only to a gaming account, but also to a real one, for example, to a card or electronic wallet. But after applying for a withdrawal, he or she will most likely find out that a commission has been charged during the transfer.
In addition, some games have their own internal commission which is charged for each round played. Such rules are present, for example, in:
Thus, you can roughly estimate for yourself how much money online casinos bring and what percentage of it is immediately withdrawn.
As for online gambling, along with the income of online casinos, the size of prizes for players also grows which sometimes reach several million euros. In this article, we will highlight some of the biggest winnings at online casinos.
Therefore, one should not be surprised at the massive increase in activity in this segment and, as a result, in prizes of several million euros. We’d like to tell you about the TOP of the largest winnings at online casinos.
British sea-soldier’s Guinness Record
Let’s start with the biggest prize of £13,213,838.68 which is officially listed in the Guinness Book of World Records as the “biggest online casino winning”. Although this wording may be controversial, since history knows a larger win at the Swedish NetBet casino, which is the leader in the field of online casino games according to spelautomater.se. Unfortunately, this record win at NetBet was not properly formalized, therefore, the winning of British soldier John Haywood is officially considered to be the biggest prize.
Since then, the 5th of October 2015 and Mega Moolah video slot have changed the life of the ordinary sea-soldier forever. It is noteworthy that John played for fun, betting only 25p. After this incredible victory, Haywood was contacted by Microgaming representatives and discussed the winning commit process and transferring it to the rightful owner. Despite such an impressive check, Microgaming CEO Roger Raatgever said that the official registration of the result in the Guinness Book of Records was especially valuable for the company.
Mark Goodwin’s new life
It is noteworthy that the second largest win happened just a few days ago and also in Mega Moolah from Microgaming. This time the winning amounted to $11,633,898. The winner was Mark Goodwin, who played at the relatively new YakoCasino powered by the EveryMatrix platform. Mark has already managed to give several joyful interviews. He commented his win as follows: “This will obviously change my life, I cannot believe that this happened to me! Surely I will buy a nice big house and holiday cottage! In the meantime, I booked a first-class tour to Africa for my family! It will be a great Christmas present for them!”
10 million for a fast food restaurant employee
Whatever one may say, but even the most inveterate fans of online slots are sometimes very lucky! Raviri Pou, won $10,144,395.82 at CasinoLand. At the official press conference dedicated to this win, Pou told a little about himself. He is 27 years old, he works in a fast-food restaurant Kentucky Fried Chicken and has long been fond of online casino gambling, but his parents disfavored his enthusiasm. However, as it turned out, Raviri is not only a lucky guy, but also quite risky: after he won $1500 at CasinoLand, the guy continued to try his luck, and it repaid him for his patience! It should be noted that the newly-crowned millionaire does not plan to discontinue working despite this win.
Tommy’s double shot
Here is a guy named Tommy, who in April 2015 managed to set two records at once, and he probably does not think about work! The lucky guy managed to hit an incredible jackpot of €7,820,888, and he is the biggest winner in the Hall of Gods video slot and Betsson Casino at the same time!
Happy day of 40-year-old single mom
Well, let’s finish our pop-chart of the most significant victories in online casinos with a prize of £2,558,000 which has been won by a 40-year-old single mother from Scotland. It is also noteworthy that according to the assurances of William Hill’s representative, this is the largest paid jackpot in the history of the company! However, the winner herself answered the question of how she feels after winning in a rather original way: “You know, this morning I was washing the dishes and caught myself thinking that no matter how much money you have, you still have to wash the dishes. Although, of course, this is all just beyond reason. When you play slots, you usually expect to win a couple of hundred, but not a couple of million. I am still impressed and amazed.”