3 ms·
I don't think it's "blogspam" to educate the developer community about this opportunity. Betable is basically a hack for both the gaming and gambling industries
by davidtyleryork 15y ago
I don't think it's "blogspam" to educate the developer community about this opportunity. Betable is basically a hack for both the gaming and gambling industries. It hacks the gambling industry by letting new players easily enter the space to spark innovation, and it hacks the gaming industry by giving small developers a monetization channel that makes MUCH more money per player.
This is huge for game developers because they can afford to build their games faster and market more aggressively if they use real-money play vs. virtual goods. In our article, we mention that it takes a million users at an ARPU of $1 to make $1M in revenue. Many gambling games have an ARPU of $70-$100, so even if you fall in between $1 and $100 and hit, for instance, $10 ARPU, you are talking about an order of magnitude increase in your revenue per player. The flexibility that this will award game developers is awesome, and we think worthy of a post here.
Also, we believe that the best new games that will build on this will combine the best aspect of social games (as we know them) and gambling mechanics. These games will be a merger of the two: Social Gambling Games.