Evolution — report for Q3 (HOW THEY EARN THAT MUCH?)

[shield132]

I'm just wondering how it works. People always loosing even in a big distance so they keep having such great numbers?

I understand, that if I'll win big summ in crazy time by catching x1000, operator won't pay to evolution nothing this month. But what about next month? Don't they suppose to have negative carryover agreement? A lot of casino operators have such things with afilliates to share risks.

It doesn't matter for Evolution how much gamblers win or lose. It's simple as ABC: Evolution gaming offers you space for studio, tables, dealers, shufflers, cards, monitoring, security, user interface, backend side, teamleaders, their supervisors, etc, etc... Evolution offers this service and asks you to pay fixed money for them. It's not different from renting an apartment where you pay monthly for 100 square meter while you are not responsible for earthquakes or other damages that may affect house where you live.
This is why for Evolution it doesn't matters how much someone wins or loses, they get paid for offering the service and capital is on casino. Casinos pay for rent and pay for win/loses. Evolution games are 100% fair and honest.

[AbuBhakar]

I'm just wondering how it works. People always loosing even in a big distance so they keep having such great numbers?

I understand, that if I'll win big summ in crazy time by catching x1000, operator won't pay to evolution nothing this month. But what about next month? Don't they suppose to have negative carryover agreement? A lot of casino operators have such things with afilliates to share risks.

It doesn't matter for Evolution how much gamblers win or lose. It's simple as ABC: Evolution gaming offers you space for studio, tables, dealers, shufflers, cards, monitoring, security, user interface, backend side, teamleaders, their supervisors, etc, etc... Evolution offers this service and asks you to pay fixed money for them. It's not different from renting an apartment where you pay monthly for 100 square meter while you are not responsible for earthquakes or other damages that may affect house where you live.
This is why for Evolution it doesn't matters how much someone wins or loses, they get paid for offering the service and capital is on casino. Casinos pay for rent and pay for win/loses. Evolution games are 100% fair and honest.

This is the opposite, Evolution gaming is the one renting on the casino to broadcast their games in exchange for profit sharing. All the bets is handled and settled directly by evolution gaming same with other game provider like on slot.

The game provider itself get the profit and they just payout to the casino account use by the player. Evolution gaming rely on their games house edge to guarantee win against players in the long run. It’s not really they are just renting their service to the casino but the other way around.

[goldkingcoiner]

~ But some casinos do sometimes take it too far and lower your odds of winning even more without giving you notice, but this will usually only happen to unregulated casinos which have their headquarters in some corrupt third world country. Luckily, with some DYOR, that can be easily avoided.

It's forbidden by regulators to do it. A company of the level of Evolution will certainly not lower your odds without a notice. There so many regulated casinos that I don't know why some people are still playing on unregulated ones. Is it the "profitable games" they are attracted to? Unbelievable bonuses? It's their own fault they are scammed then.

Well, unregulated casinos are unfair and sketchy. I cannot believe that they are allowed to do keep existing without any consequences... Is it perhaps a grey area of the law or is law enforcement just so bad/corrupt in that country that they simply refuse to do anything against someone running an obviously bad business practice?

But I agree, people who fall for fake advertisements and sketchy casinos are at fault. If they get scammed then that is what they were heading towards in the first place. It is very hard to have any kind of sympathy with people like that.

[so98nn]

They don't really need to rig their games to profit as you know "house always wins". A lot of user funds are being liquidated into games at the same time. As they have commission for every game that exists, from about 5% to 20% or even more for slots?. As long as users stay active on the casino, they should theoritically always profit. Other than a few freak instances, for which, the casinos have failsafe(to an extent). If a user is winning a lot, most casinos will just shut doors to the user or even confiscate funds if they find anything even remotely fishy. Ofcourse, rigging games would help to profit much larger than what would be otherwise possible but if could get very obvious if the total amount gambled on the casino and their revenue are transparent to gaming commission.

This. I fully agree, you don't have play unfair to earn lots of money in gambling. Besides, they are one of the leading live gaming stream providers I guess. And yes, the house always wins that's pure math, so I can't see the way they can record losses.

I think they will show the losses based on how much users have won equally. I mean as we know there is House edge that is fixed for every game, and it’s never 100% because that would make every user lose on every bet they play. So anything that is not house edge is simply a loss for casino. However, on accounting sheet that’s gonna be just tiny matter calculated against revenu, expenses, salaries and anything that they could literally record on balance sheet. No wonder, they will all the time because that’s the script and math. What matters a lot is they have to manage that much funding in the casino wallet all the time. They can’t dilute everything at once so they have funds locked up always.

[Wexnident]

House edge, and a lot of gamblers I guess. Do you have any numbers for the number of casinos that they provide their live games for? From their site, it said about 600 operators and they provided a small list of said operators, but not really familiar with most of what I was shown. If said operators were to have a rather solid user base, I reckon it wasn't that out of the picture for them to earn such an amount. Add to that the tricks that they employ according to other users, then I guess it just looks natural at that point. Quantity over, well, idk what quality there is to be expected from others really since they all look/feel the same, so I guess it's really just quantity.

[Betwrong]

~

Well, unregulated casinos are unfair and sketchy. I cannot believe that they are allowed to do keep existing without any consequences... Is it perhaps a grey area of the law or is law enforcement just so bad/corrupt in that country that they simply refuse to do anything against someone running an obviously bad business practice?

But I agree, people who fall for fake advertisements and sketchy casinos are at fault. If they get scammed then that is what they were heading towards in the first place. It is very hard to have any kind of sympathy with people like that.

What we can definitely say that Evolution is not one of them unregulated firms. They do fair business and that's why so many casino operators trust them.

Btw, I think those sketchy casinos are not successful in the end. It's advantageous to be honest in your business these days.