How do Social Casinos Make Money?
Social casino games offer similar user experience and gameplay as normal online casino game. They offer users free daily bonus credits to game with. When the player has used their daily bonuses, they have to pay for more credits.
People play social casino games for entertainment and socialization. They also enjoy the novelty of the experience and the competitive element. Social casinos make money from player interaction. The social element is critical and cannot be ignored. Internet users are aware that sometimes the internet can isolate us as much as connect us.
The social element of social gaming is important. Users respond positively to enhanced sociability. Live dealer games allow users to interact with a live dealer. There is no withdrawal option in social casino games. When a player wins, they receive additional spins or chips to play with.
Social games are monetized through in-app purchases. Most social casino operators use this as an opportunity for upselling. The freemium model is a way for game developers and social casinos to monetize on the human tendency to chase after instant gratification.
Freemium gaming is becoming increasingly popular amongst gaming companies and users. Free-to-play games like Fornite and Apex Legends have taken over the world in recent years. It was always expected that casino games would follow suit.