No wonder we're all screwed, they never planned on anybody winning! 100%?!?! OR LESS?!?!
quote:
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BillDozer Msg:What do you think the minimum % of deposits should be
BillDozer Msg:that is on hand for a book to be safe
BillDozer Msg:?
_test Msg:Well, obviously 100% would be the best answer.
test Msgf actual deposits._
BillDozer Msg:Well, I would consider that way too low
BillDozer Msg:especially for a new book. Wouldnt you?
BillDozer Msg:Long term %?
_test Msg:However, the requirement may be set lower, use a formula based on expected rollover, % of hold_
BillDozer Msg:It sounds like you folks had insufficient funding even after considering the investor issues. I was curious if you have a new standard
_test Msg:Gaming Commission and UK company they have haired are working on that issue now._
_test Msg:No, we actually have more investor funds committed than balance of players.
test Msg:Isue is access right now._
BillDozer Msg:To expand on my last question, How much do you think should be kept on reserve as far as %s of player funds? How much do you think should be on hold
BillDozer Msg:to insure stability through tough times
_test Msg:Easy answer would be 100%._
BillDozer Msg:What happens after a bad stretch you would be below that instantly?
_test Msg:However, banks and other ensured institutions do it with less._
BillDozer Msg:=O
_test Msg:True. There would have to be a regular adjustment, based on outside audit by independent agency._
BillDozer Msg:banks?
BillDozer Msg:OK , thank you
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[/QUOTE]
quote:
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BillDozer Msg:What do you think the minimum % of deposits should be
BillDozer Msg:that is on hand for a book to be safe
BillDozer Msg:?
_test Msg:Well, obviously 100% would be the best answer.
test Msgf actual deposits._
BillDozer Msg:Well, I would consider that way too low
BillDozer Msg:especially for a new book. Wouldnt you?
BillDozer Msg:Long term %?
_test Msg:However, the requirement may be set lower, use a formula based on expected rollover, % of hold_
BillDozer Msg:It sounds like you folks had insufficient funding even after considering the investor issues. I was curious if you have a new standard
_test Msg:Gaming Commission and UK company they have haired are working on that issue now._
_test Msg:No, we actually have more investor funds committed than balance of players.
test Msg:Isue is access right now._
BillDozer Msg:To expand on my last question, How much do you think should be kept on reserve as far as %s of player funds? How much do you think should be on hold
BillDozer Msg:to insure stability through tough times
_test Msg:Easy answer would be 100%._
BillDozer Msg:What happens after a bad stretch you would be below that instantly?
_test Msg:However, banks and other ensured institutions do it with less._
BillDozer Msg:=O
_test Msg:True. There would have to be a regular adjustment, based on outside audit by independent agency._
BillDozer Msg:banks?
BillDozer Msg:OK , thank you
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[/QUOTE]