The typical casino/sportsbook makes anywhere from $10,000 to $100,000 in any given month. The profit number can go into the millions or tens of millions per month. Profits will be greatly affected and by the owner's marketing and promotional efforts. In general, profitability depends on the amount of traffic that is being driven to the site.

Our software's integrated online management system, which you have access to, enables you to track and verify every penny made within your operation. You can even download the raw data to manually count the money coming into your business. All that is required of you is a live Internet connection. Your activity is also audited by a separate company on a monthly basis.

Within our turnkey and our NEW managed full license programs INETGaming handles all payouts to your players and if you are "in the red" during a given month, INETGaming will cover any losing month for your business.

In our independently operated full license programs it is up to the clients to handle payments to players and cover losing months. Our full license programs are designed for those business that are stable with their operations or properly funded. Profit margins are much higher in the full license program as INET does not need to offset any risk with increased margins.

The typical turnaround time for a turnkey gaming site is 20 business days. For a full scale online and offshore project the time is typically 3-6 months.

It takes 3-6 months because we need to first register your domain, then we have to build your web site from the the smallest detail, set up your offshore company and logistics, obtain your license, integrate your software as well as your merchant processing, obtain your dedicated phone number, contract your support, then we have to test it to make sure it all works.

INETGaming only works with and sets up gaming operations in 100% legal jurisdictions. To ensure further protection, all transactions are completed offshore and payments are made to your corporate account. Every precaution is taken to ensure that your operation meets all legal requirements.

That all depends. Marketing is the key to success. What is required is Internet traffic. Keeping in mind one needs to spend money to make money. A reasonable expectation would be to spend about USD $40,000-50,000 (including the licensing fee) and there should be a return on investment in approximately 6-9 months. Most online casinos that are new spend about USD $5,000 - $50,000 each month in marketing. There are internet gambling operations spending well over USD $1 Million per month in their marketing budget. Some online casinos are also doing well over USD $10 million per month in PROFITS. Online gaming companies who are spending money on EFFECTIVE marketing are not losing money. Do not think people just put down between USD $25 000 -$100,000 and expect to make millions in return. You could have the greatest website in history but if you don't market properly nobody will know you even exist. INET's marketing clients get the key exposure and performance from their marketing dollars! Some websites might tell you all you need is a $5,000 turnkey budget for your website and you will be making tens of thousands of dollars once you open. THAT IS A LIE! It is simply a sales tactic to get you in the door. Marketing is all about how much you want to make. If you are buying a $10,000 turnkey package from us, we would suggest you have another $10-15,000 set aside for marketing once you go live. That overall budget should ensure steady traffic and allow you to make back your entire outlay in under a year. There is no magic bullet and anyone who tries to sell you on spending $5,000 by telling you that you will make it back in a month is simply out to cheat you. Be VERY wary!

Most online sportsbook and casino software programs have limits on individual bets as well as limits on daily bets to help manage risk.

In the online casino the games are set with comparable house edges to those seen in Vegas. For example, if a game's house edge is 3%, then for every USD $1000 wagered, USD $970 is generally paid back, leaving a profit (known as a "drop" or "take") of USD $30 (3%). So, the odds of multiple gamblers winning big in the casino is minimal. Not because the games are fixed but rather they play on the same house edges as your everyday Las Vegas casino. We all know how Las Vegas casinos do!

With poker, the games are setup to obtain a rake out of every pot or fee for every tournament entry. In this way poker is a guaranteed profit game!

 

Sports wagering is where the problems can arise if you are not properly managing your risk. While sports do not work in a guaranteed profit area based on wagering like poker or the casino programs, sports can be setup so as to guarantee a profit. The only difference is with sports it requires additional services to guarantee that profit (like our sportsbook arbitrage services). In the end 97% of people who wager on sports lose money. So, while there is more risk in sports or horses than in the other products, the risk is not that great and can be fully offset.