Topic: Where does the money come from? (Slots big win) (Read 350 times)

RTP is being set by the regulatory body, casino owners or slot providers can't just go and say I want to set the RTP to 95%. So it means that casinos should abide by this otherwise they could be subject to fines. So in your example, it should be the casinos that are going to pay for it.


Yes, but still going to be based on numbers and averages. There could be one big winners in a night, but if you compute it to let's say a month, the casino could still be in the net green numbers because the "house always win".

I don't really think about these things, just enjoy the game. On the other hand, it transpires that slots function more intricately than one might guess. If a player has a big win, the casino has to be able to pay that money out. The casino does not really lose at this point immediately, they lose on the expectation of the player in the long run.

An RTP of about 95% means that on a long-term basis $95 out of every $100 staked is returned to the player and $5 goes to the casino. So even with big wins, as you noted, the casino basically has theirs greater than those of other players over time. Pragmatic, as a slots provider, is responsible for the game design and implementation, but the payouts are still part of what comes from the casino.

Although the casino may take a short-run loss, the overall long-term result is that they are still ahead because slot games are not designed with this kind of player-by-player basis but to favor the house over time. This is why it is said that "the casino always wins."

I never thought of this because the casino automatically gives it out. I don’t know why the game provider should do it, and I never thought of this question. That’s why casinos need to have bottomless pockets and storage or voting rights of money to pay users who are lucky enough to win that kind of amount.

Is there any reason you are pondering this OP, aside from the part where you let somebody win at the start, and then you are already negative? It’s not just a single game; there are multiple games for online casinos.

I think slots are a sure winner for any casino owner and surely one of the most addicting machines to play. It’s too easy to crank the lever and people stay for hours on end. I can’t imagine even if the owner has to pay x amount absurd fee that they aren’t making incredible money off this game.

It doesn’t matter which game you are playing. Whether it is slot games, sports event betting, or traditional casino games, if you are playing it at a particular casino, then the winnings are funded from the bankroll of the casino only. Now I can understand your concerns about the new casinos. For this reason, it is always advised to start a casino when you have a big bankroll. Also, I have seen that a strict rule is followed to keep 1/10th of the total bankroll as the maximum winning amount. Hope this clears some of your doubts, OP.

It's the casino who pays the winning money. They pay it from their reserves or the initial capital they have set for their site.
In some cases, if there are multiple people winning big then the casino do have to face the burden of paying a hefty amount.
But otherwise, the casino earns more than enough to pay for such huge wins and still remains in profits as there are huge number of people who gamble regularly.

The money comes from all the rest of us who lose…

Jokes on a side... we have had similar threads before, and most of them are full of comments from people who don't even play slots and have no idea about it. I don't wish to be a wise ass here... Yahoo has already mentioned SirJohnSlotty, and here is one of the very good threads on this forum for anyone who wants to learn more about how casinos work:

AMA: I Operate an Online Casino - https://bitcointalksearch.org/topic/--5482508

And I would say this is the answer the OP is looking for:


I guess you can lock this topic now. :p

This question has also come to my mind sometimes, but I didn't want to ask or post it here on bitcointalk because I thought I knew the answer. Right now I now have additional questions. Since all casinos offer the same slots and games, is the RTP of these slots the same across different platforms? Just for example, if the RTP of 'Gates of Olympus' on Shuffle.com is 96.5% (just as an example), should the RTP on Stake.com be the same? I didn't think that casinos had the ability to change the RTP.

I think the answer here depends on the setup made by the casino and the provider. Some casino just add the slot then let the provider pay for all the profit. They just share on the profit made by the provider on their casino. Other casino do fully pay the amount and so on depending on the contract.

There’s some instances that provider doesn’t pay the player because they accuse the player of cheating but casino take full responsibility and pay it using their own money. Also Casino usually set a max win amount based on how much they are willing to pay that’s why max bet on slot games varies.

Of course the casino as the owner will pay the reward for the jackpot, because it is their responsibility, not the responsibility of the game provider since they only provide the game. But you know that there is a saying "the casino always wins" even if you pay 200k USD to the winner, you will be able to get more money from the gamblers than the jackpot money you paid - in fact there are smarter casinos that deliberately exaggerate the information that they have paid the jackpot to the winner in the hope that it will further increase the enthusiasm of the gamblers to increase their gaming activities at the casino. And in the end the casino will get more profit from it.

Logically, the dealer always wins, but sometimes there are also gamblers who can win in the slot games they play and it is the responsibility of a dealer to give winning prizes to gamblers, whether in small or large amounts.
People who often play slots unknowingly give their money to the dealer and they are willing to lose their money when they often lose in playing.
However, if there is a dealer who cannot give rights to gamblers who have won, their gambling business will definitely have problems and of course many gamblers will not enter their platform because they no longer trust them.

When it comes to matters like that, I don't know anything; maybe I can only say that only the house edge really often converts money to gamblers who enter their casino platforms.

Then it also depends on a casino how reputed it is in the gambling business industry. It's also not possible that the house has no funds as far as I know, so according to OP's question, the house and game provider can split, but I'm not sure about this.

Basically it is a very big win in a slot game, although it may happen but it will certainly be very rare, but if there is a gambler who manages to win then I think the one responsible for paying everything is the casino itself, the game provider only takes care of the system in the game and also regulates the RTP that will be provided, and as far as I know the game provider gets money from a contract agreement with the casino owner, meaning that wins and losses are the responsibility of the casino in any amount.

On the other hand, I think that no matter how big a win a gambler gets, it must have been calculated by the casino, or what I mean is that the casino has considered it first before providing such a big chance of winning.

From my understanding, that casino is supposed to pay the gambler that won the money because they are the real owner of the casino, and since the casino is a business they have to pay the gambler so that there will be no trouble between the gambler and the casino.
If the casino is a new casino and do not have enough money to pay the winner, they can pay half of the money and sign an agreement with the gambler about the deadline to pay the reaming money.
However, if someone is just starting a casino business, the person need to have enough of funds, because even the first player might be able to win big money. Although most casinos have a maximum amount that gamblers can win so that they will not run at a bigger lose when gamblers begin to win big money.

I also thought so, new online casinos if there are users who bet and win large amounts, where does their money come from to pay these users, I kept looking for information and finally I found the answer.

Casinos to get a license must go through the requirements below.

Every new online casino, must be able to demonstrate as I quoted above, to licensing requirements. 

Thus the capital/money available is based on the type of game, as I can see below.

In this case, to open a new casino that is officially licensed, it must have basic capital, but quite a few casinos are emerging that avoid licensing, for reasons of large capital taxes, if someone wins big they will run away.

That's the point, RTP is not a house Edge, it is a Return to Player, so, for the provider to pay a $200k win, first the casino has to win that amount, which means the new casinos shouldn't pay big wins because they have to capitalize their self firs.

Thanks for all your answers now it's clear who pays to the player, it's the casino that does it.

In my opinion, whatever the form of casino, whether new or old, if there is a player who wins a bet, the casino must pay it because that is their risk, but it is very rare for a new casino to get a large amount of winnings at the beginning of the casino opening.

Funny, why would the service provider pay the money? they are entitled to offer only the games not anything to do with the rewards. And if someone is lucky enough to win such amount then casino has to pay it and that's why it's not a business that everyone can run cause you need to have huge pile of stack in your reserves to deal with these situations but ofcourse the chances of happening are less and you only get to make money in the long run but casinos don't want to run out of business that is why they have a maximum amount that an individual can win on a bet irrespective of the bet amount.

Yes, it's the casino owner who will pay for it, the slot provider only provides the infrastructure for the game, they even get paid for the services they offer to the casino owners. As far as I know, when a casino implements RTP, it means that the money from players will be returned to the players, so it is impossible for the provider to provide a winning amount that exceeds the pool collected from other players.

I see from what the casino owner said that is outlined in the question here... in big wins it depends on whether the casino pays or the provider pays.

Maybe we can look at this one quote...

In general, the agreement differs for slot providers, but an insider's knowledge will be more concrete. For example, the response, of a slot machine technician, he made it clear that some providers like pragmatic work on percentage, since the game stays on their server. In addition, the casino can adjust the payout according to the revenue the machine generates in a month.

As a result, the slot is programmed such that it will never pay out more than its monthly revenue. For instance; if the casino predicts that the monthly returns from players is $10,000,000, they'll set it to pay out $4,000,000. Finally, the casino is always on profit, the winnings will always fall below their budget.

You can't start a reputable casino without at least a couple of million dollars as initial capital in order to cover exactly these wins, the slot provider in this case does not give a damn what happens to the casino as long as the deal is done and they have got their money and connected their slots to the casino server or viceversa depending on the deal. As long as the RTP is not modified the slot provider got nothing to do with it. So overall you really don't start a casino without huge capital unless you are going to scam people like we know many new casinos do and they go offline then.

From the nature of the game the casino will pay the gambler that won besides there's a 5% profit for them for every 95% percent return to player. So, the casino over time should have made money from all the bets that gamblers are betting so they are prepared for this kind of event.

Besides this is a rare occurrence so the casino will will pay the the winner, also then the return to player is a long term average and it's not a guarantee for each individual bet so people barely win. So yes the casino owner is responsible, they have made profit over time from every five percent that people pay so paying off will not be an issue.

 Also its a marketing strategy to rely on, as more gamblers hope to win make such big win. Paying off that money is a cost of doing business because more gamblers will be interested in playing so they will keep making more profit in the long run. it's also a a gambling strategy for the casino if they can pay off that winner it will drag in more gamblers for them and it will mean more profit for them.

For sure the owner of the casino would able to pay such huge win since they are the one who operate the casino. Usually the job of slot provider is to offer content to casino owners and give license for them to use their games.

But if happens that there's confusion regarding on the winning gotten by the player then maybe they can ask their providers about those things happen since for sure they can give a good clarification with those wins gotten by their player.

House have advantage but we cannot erase the fact that there are lucky players win huge amount of money and that is a loss for the casino.

Casinos as gambling companies are expected to only include games with the odds and even a specific amount of money that if a gambler hits at a substantial amount, they can always be able to pay them. Slot providers are just like division that designs and gamming programs and features for the casinos.
So it's always on the decision of each casinos to including any of those slot games to their sites but before then, the casino is ready to take any winning or loosing responsibilities of the gamblers while the slot providers remains to play fair in-between the casinos and the players. So, casinos are reserved to any finances when gamblers wins.

Before a casino adds a game to their casino, they usually have their settlement with the game provider and there no way the game provider will take part in share the lose the casino encounters due to a player winning a huge amount. The casino will definitely be the one to pay out the players winning. I believe the casino will not have such a huge win unless they have also had a lot of profit that is more than that amount and from what I know, casinos make millions money every day.

Slots provider is just like providing the games, casino pays provider to be added on the casino and any winnings by players is the responsibility of the casino unless there is a special deal between the casino and the provider.
This is why most casino has their own max winning limit based on their bankroll which is a must information to read for those who like to play big amount.
What I'm wondering is about how if someone hit a huge win on a slot game but the amount is much bigger than the casino winning limit.
But maybe there will be an agreement between the casino and player to payout big win which is above the winning limit.

The casino will pay for it, even if the casino is brand new they will find a way to pay up the money or risk their reputation online, Game provider has nothing to do with this because normally casinos are in deals with providers, and I think the providers always get paid, it is like a contract between a crypto project and VCs.

If the casino can't afford the amount instantly they can agree with the winner that they will be paying the money back every day, some won't even tell you anything, they will just inform you that you can only withdraw so so amount every 24 hours till they pay everything.

I believe that most online casinos today have withdrawal criteria, starting with KYC verifications, not everyone will be able to pass it, some are extremely hard than others, just make sure you use a reliable casino because they can dodge paying the amount up if it is a very high amount.

If I'm not mistaken, the casino owner will have to pay 100% of the winnings. What they buy from this operators is the machine itself and the rights. Sort of like paying a royalty fee and franchising fee.

And that's why they are hands off from this winnings and only the casino will take the brunt. But we all know that the odds are pretty stack against us and before someone hits that huge multiplier, we already put a lot of money on that machine already.

That's very interesting question, I wanted to ask it too. I'm not a slots expert but as far as I know, if the slots has a progressive jackpot, then the slots provider pays it. In this case, slot provider adds some money to the jackpot and worldwide, everyone has the ability to win this jackpot in any online casino.
If there is a case when the jackpot is set by the casino, then the casino will pay it.

If you win without hitting a progressive jackpot, i.e. win by regular spins, then casino has to pay that money. Casino only gets the product from slots provider and pays them to rent their product but it's also trust that they put in slots provider.

I think the casino Will pay that amount cause it's just like you've been registered under them, so definitely when such big wins comes they'll have a upper hand but not the slot provider to pay for the  win but in some cases where the money especially big amounts as this is won I think there should be an understanding with the casinos and the slot provider.
They can have mutual understanding in this aspect that the casinos don't have such money to give out for the win so they collaborate together to sum up the said amount and pay the gambler that won.
So there's no cause for arguments between the both, so if the money don't come from the casino it should come from both the slot provider and casino on mutual understanding.

I've not read other user's comment, so, maybe alot of users will have a different opinion all together, but personally, I believe this is a very simple question with a very simple answer.

And my answer is that, which ever of the two (either the casino or the game provider) that the betting money from gamblers/players go to, that one will have to pay the winner.

So, let's say that the game is designed in a way where the gambler's bet is kept by the casino, then it is solely the responsibility of the casino to pay the winning gambler.
But if on the other hand, the gamblers bets money are being sent to the game provider by the casino, then automatically, it is in the game provider's sole responsibility to pay the winners of the game, while the casino possibly enjoys commission for being the third party connecting the game provider to the gamblers.

The casino will pay it.

The only way gambling providers pays the casino if there's a bug or technical issue that affect the results, the casino will fine the providers and providers need to pay certain amount of money. Or the providers have their own casinos.

Other casinos are only renting the gambling providers' games, the providers aren't responsible with the casino loss/profit.

The casino will pay all the money to the gambler that won huge. The game provider has nothing to pay. But I have not read about anyone that won that huge in which slot games before from new casinos. The one that I have heard are no not in casino but lotteries. But if such have happened before and the casino do not have enough money to pay, they can do nothing but to negotiate with the gambler that won the money. But the gambler can turn it to court case but which the casino will want to avoid with negotiation with the gambler.

I believe that before a new casino starts it's business cases like this must've been considered knowing that it's a risky business. The casino must've reached an agreement with the provider over matters of percentage so if a huge win were to happen during their start of operation then they'll know how to deal with it. I'm believing that part of the necessities to own a casino will be a mandatory requirement for the owner to have reserve funds in the cases of huge wins. We can't rule out the possibilities of them making adjustments so that the big wins never happen in the first few days or week.

Excellent question! In this case, The casino owner is responsible for paying out all the winnings. Slot operators such as Pragmatic Play pre-set their games' RTP, which refers to a number intended to describe the percentage of bets returned to players over a very long period of time. Remember that the RTP is a statistic accumulated from millions of matches. It's not game-to-game nor game-to-game.

So, even though the player in fact may win a big amount when the game starts, The casino must pay that straight away. RTP ensured that on average the casino would hold a percentage of that bet over time. It didn't guarantee how the winnings were to be distributed in the short term. In other words, new casinos needed to be prepared for higher payouts. Especially if they want to attract players with a game that is ridiculous and has the potential to win big.

In the long term, the RTP will keep the income balanced. But it is very important for casino operators to manage their finances carefully to handle large payouts once they happen. Quite often they do this by using financial or liquidity buffers to address such issues.


You are right, casinos are supposed to pay the player all their winnings. Even in casinos offering the option to rent games from game manufacturers like Pragmatic Play, the RTP settings may slightly vary in real scenarios since there are some that allow users to make modifications in this space. Probably because this may be one of the increasing productions by giving flexibility. That is because decreasing RTP could lower the number of payments by an important quantity. This in turn helps to manage cash flow problems.

Casinos take many measures to avoid such big payouts by limiting withdrawals, or bonus limitations on extra bets. It's a kind of balancing act to receive the payment yet stay in business. More information in detail can be given by casino veterans like SirJohnslotty. They may well be more systematically advised by this experience.


In fact, this is a casino that gives away prizes, to be precise. And for them, big enough reserves or funds to cover possibly huge prizes are very important. That is why financial management plays such an important role in the casino industry.

as you mentioned Though only a few of them can be highly successful. However, the general win-loss account in the player base As it should, ought to be offset within the casino's income generation plan. But if the casino defaults on paying the amount won by the gamers, then it will lead to the deterioration of prestige and concurrently result in legal and administrative problems which may further lead to the end of casinos.

Serious casinos are thus found on sound financial footing since the appropriate RTP and policies are put in place so that fat payouts can be afforded besides remaining profitable in the long run. For them, getting players to win is a question of credibility and good reputation.

You're just renting the games from my understanding, so you the casino would be the 1 paying the player. Casino's can adjust or request to adjust the RTP as well from my understanding. If you go look at the RTP on different sites you can see a difference of 0-2% RTP especially on the lesser known sites.

Casino's adjust the RTP so the odds of a huge max win are lower IMO. They also put in the ToS that you can only wd xxx amount per week/month to make sure they don't go bankrupt in the 1st week.

You might get a more precise answer from a casino owner. Maybe try SirJohnslotty, not sure if I spelled that right.

The casino will pay the win money to the gambler because that is his responsibility when there are a winner on his casino. The owner must have reserve money or have a capital that will be used to pay the winner on his casino. Without that money, his casino will not get survive for a long time. Besides that, from many gamblers who playing gambling on his casino, only a few gamblers can win and their winning will not be too high compare to the lose gamblers. I don't know specifically about how the casino pay the winner but that will happen in that casino if someone win much money. If casino can not pay the winner, his casino will have a problem and people will say that his casino is scam. From that way, he will not be able to make a profit from his casino and will close it in a short time.

I think the casino will pay for it. Slot providers only give the application and then the services if something goes wrong with the system or the RTP.

Anyway, the casino won't have to worry also because that certain gambler who will win that huge amount will probably have a hard time withdrawing everything one time. There are wagering requirements, KYC, and everything that could halt the withdrawal so he will still need to play more if he wants to get all that winnings.
The casino could possibly get half of that back unless the certain winner had been gambling in that online casino for a long time which means the casino also have the capacity to pay if they were running that long.

Most likely, such wins happen extremely rarely. And if they do, the casino may refuse to pay this win under various pretexts. Block the account, require verification, and so on. Perhaps there are restrictions on maximum limits. But most likely, this is just an extremely rare event, for which the casino keeps a certain reserve of funds. Perhaps such rare events are programmed in such a way that they occur, for example, once every 5 years. And as a rule, before someone wins this amount, he will lose much more. In general, any win is paid out of losses, everything is logical. Otherwise, the casino will go bankrupt, and this is rare.

Isn't it always the casino? The RTP afaik is already considered during the contract whenever a casino integrates a game by a provider so it doesn't really matter. They usually just pay a set fee afaik to the providers, which already includes talks about anything related to the game itself (RTP, rules, number of players, etc).

It's also why the casino usually needs a LOT of funds before starting up since there can always be cases where a player will suddenly hit big all of a sudden at the first few days of the running of the casino. That, or they somehow adjust every game to not let big wins happen lol.

Let's say i have a casino, and i get a Pragmatic license, then a user plays Sweet Bonanza and wins x10,000 with a $20 bet, that would be a $200k win for the user.

Does the casino owner have to pay that amount? or the slot provider pay part of that win, because the slot provider offers an RTP and as a casino owner if the RTP is 95% it means the casino has won more than those $200k to pay for that bet, so, in other words, new casinos doesn't give big wins until the RTP is covered?

We know the house only win, but that's for the long run, if the slot game gives a huge win in the first bets, then the casino would be running with red numbers. That's why i have these questions.