Booming-Games have been permanently removed due to lack of transparency.
They would not provide me with the layouts for the reels for the games I was hosting or provide any way for me to calculate the RTP.
Is there a way for you to go through and look at the overall profits/losses game-by-game? Because if you are licensing the software and not having them bankroll the play, wouldn't it be possible that they are giving your game incorrect odds and then playing it themselves?
That is certainly a possibility and a big concern with using 3rd party casino providers.
It would be hard to prove too.
Overall in costs of development, commission to 3rd party providers and some other costs the slots are break even on BetKing so far, maybe small loss.
But then there was a 15 Bitcoin win on day of launch of Endorphina slots
These providers do claim that they make very large amounts in commission from sites like Bitcasino.io and some other ones who use their games.
I don't know if it's true or not but I'm pretty sure it's exaggerated a bit since everyone can see the volume BetKing gets publicly for the dice game (12k wagered this week).
I've never spoke to a single player who plays on Bitcasino.io and had a good word to say about it so if they do have a lot wagered it must be from people totally new to Bitcoin gambling and just clicking the first result on Google.