Turnover is the expression in bookmaker terminology that refers to the total turnover of funds involved in bets for a certain period. Note that Turnover is not an indicator of the exact amount of money that players spent or bookie earned.
What does this mean? Let's say in this example, you have deposited 50 into your account as a new player; the 150% bonus means that you'll receive a bonus from your casino of 75. Now in this example, we'll assume that the casino front-loads your bonus, so you have your 50 plus 75 in bonus cash to wager at the casino.
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When reading gaming earnings, remember that rolling chip drop is the same as volume or turnover. Different companies use different terms, but they mean the same thing.
Definition of turnover • Turnover refers to the total value of bets on gaming machines, including bets made using credits won during the course of play. • It is simply the amount of money bet, regardless of whether that money is won or lost. • Therefore, turnover does not represent player losses. • In NSW, gaming machines must return at …
Practice or success Macau Gambling Turnover at social casino gaming does not imply future success Macau Gambling Turnover at real money gambling. The games are intended for an adult audience. The games do not offer "real money gambling" Macau Gambling Turnover or an opportunity to win real money or prizes.
Gross Gaming Revenue (GGR) is the amount wagered minus the winnings returned to players, a true measure of the economic value of gambling. GGR is the figure used to determine what a casino or other gaming operation earns before taxes, salaries and other expenses are paid.
Revenue. Turnover. Definition. Revenue refers to the money that a company earns by selling goods and services for a price to its customers. Turnover refers to how many times a company makes or burns through assets. Effect. Revenue affects the profitability of the company. Turnover affects the efficiency of the company.
But PoT on its own isn’t enough. As an extreme example, you could have an extremely small number of bets and back one good winner, and have a fantastic profit-on-turnover figure. But it wouldn’t mean much! Sample size. Which brings us to the second factor: sample size. The more bets in the record, the more likely the results in the record …
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turnover definition: 1. the amount of business that a company does in a period of time: 2. the rate at which employees…. Learn more.
Difference Between Revenue Vs Turnover. The variations can take some getting used to, but we’ll give you a breakdown on each format of betting odds explained. Betting odds matter because they tell you how much you could potentially win on a particular wager.