- March 29, 2022
How To Make Easy Money? (Part 2)
How to make money or start a business in the gambling industry
Continuing from the previous article, we talked about who are the real money-making characters in the gaming industry. The day after the last article came out, the editor received opinions and support from many friends or bigwigs in the industry. The editor was really surprised. Thank you very much. Friends from all walks of life are also welcome to reprint this article, but please also attach the source link so that everyone respects each other. The speed at which high-level managers or platform agents attract money mentioned in the previous article is actually not an exaggeration. What is really exaggerated is the two roles that the editor will mention next. If you are considering opening an iGaming platform, you must carefully read this article before deciding whether to invest.
Game cash flow payment agent:
This industry is considered to be the most mysterious and difficult to understand in depth. Even though the editor has been in this gaming industry for so many years, his understanding is still very limited. Before we start talking about the role of a payment agent, we must first talk about what it is. Gaming cash flow is a subsidiary industry of the gaming industry. It is actually responsible for providing gaming platform accounts/accounts, providing bank card accounts, and providing dehydration and transfer of funds on the iGaming platform. Since it is called a cash flow industry, of course high risks bring relatively considerable profits, and the people working behind the scenes are also very low-key. Usually business expansion is done through layers of agents to avoid direct contact with customers. As far as the core members are concerned, there are very few cash flow merchants who come out to recruit customers on their own. This type of agent is usually commonly known as a payment agent in the iGaming industry. The overall commission income of the payment agent is far higher than that of the gaming platform agent mentioned in the previous article. The main payment agent part is a high-risk business, so the relative rewards are naturally very high. considerable. Especially when the agent's payment channel provider suddenly disappears, as an agent, you have to face the risk of customer claims on the front line. When the agent himself doesn't know why the payment channel provider suddenly disappears, he may have no choice but to go together. Run away or be caught and return home after seven days
Gaming platform boss:
I believe that everyone should know that I don’t need to introduce you in particular. The boss of a gaming platform is naturally the top earner. Of course, it is definitely not as simple as throwing some money and opening a gaming platform and getting money back. If we really talk about opening a gambling gaming platform, It is really impossible to succeed in starting a business without some experience. Even if you have some experience in operating a gambling platform, you still need a bit of luck to get close to the door of success. The main reason I say this is that the editor has seen too many examples of failures in the lottery industry over the years. Among them, there are many gamblers who opened the casinos themselves, agents opened the casinos, and even novices who have never played basic lottery games opened the casinos. The proportion is quite a lot. As the editor mentioned in the popular science article "What is White Label" before, it is because it really doesn't cost much to open a gaming platform now, and even most wage earners can open their own platform. The basic threshold for starting a business is really, really low. As long as you pay white label iGaming company to open the version, white label iGaming company will provide you with a gaming platform that has been grafted with various games. It not only includes sports/real people/lottery/chess and card/slot machines and other games, but also provides a one-stop service. Various services, etc. You can get your own gaming platform in about 10 minutes. Although the threshold for opening a business has been lowered, successful examples are still rare. The editor cannot summarize the reasons for a successful platform. After all, it involves too many human factors and market variables, but we can gain experience by analyzing failed examples. If we can avoid failure, we will be closer to success. The following are the most common failure examples I have encountered:
Thinking that once you pay, you don’t have to worry about it:
After paying the launch fee and completing the basic settings, the customer disappeared. Then at the end of the month, he suddenly complained angrily to customer service that there was no revenue for the whole month. After we communicated with the customer, we understood. It turns out that this customer's The idea is very simple. I think that after paying the money, white label iGaming will naturally have someone to help him operate the platform. He just needs to wait to read the report and count the money every month like an investor. I know this sounds incredible, but this kind of The proportion of examples is really not a minority.
Killed by brushers:
Speaking of cheaters, this is probably a situation that all owners who have run iGaming platforms will encounter. In fact, it is really unlikely that TC-Gaming will encounter the incident of being cheated to death by cheaters, because we have been dealing with it for a long time. Various types of fraudsters have implemented early warning and prevention mechanisms. In fact, the editor and I mostly heard these stories of blood and tears about being killed by fraudsters. Since there are so many ways to cheat customers, the vast majority of inexperienced platform owners start their platforms without even understanding what cheating is. Once they encounter a cheater, there is a high probability that they will be shut down.
Not sure about national market characteristics:
Most of this type of failure cases occur when people rush into unfamiliar markets. For example, a while ago, many customers named the Indian market. The reason is simply because they heard that India has a huge population and market base, and it is easy to make money. There are confirmed rumors, but they often fade away after more than half a year. In fact, the bosses of these stations who were originally operating well in the Chinese market are also very experienced, but when they cross the markets of different countries, the situation is completely different. For example, in the Vietnamese market, the types of lottery tickets, gameplay, types of electronic games, interface styles, promotion methods, usual recharge methods, etc. that Vietnamese people like to play. If these are not clear enough in advance, even if they spend money on publicity and promotion will also lead to failure due to incompatibility.
Summary
In fact, the two articles above and below are more like trying to persuade some friends to start a business without thinking clearly. A network package company that mainly relies on profit is trying to persuade customers to quit? Only TC-Gaming can do this. To paraphrase what the boss said: There are so many liars in this world, why should we be like others? It is not the philosophy of TC-Gaming to act rashly and cause customer losses if you are not prepared. Even though it is very cheap to open a website now but have you really thought about it clearly? Every original article here is a collection of our many years of experience and hard work. We hope you will support us and that you can see our hard work.
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