Hi, was just always curious about this:
How do ATMs work in terms of when they’re paired with slot machines?
I sometimes see ATMs near slot machines and don’t understand how they profitably make money. I get they charge like a £3 fee or something for convenience but if a person withdraws like £50 and inevitably loses it all to a slot machine that means you only make £3 profit if it’s your own money in the ATM.
I also hear about third parties lending you money or something like that but I don’t know what the companies are and I don’t really understand how that works either in terms of how it’s profitable for both parties.
Many thanks to anyone who takes time out of their day to respond. I’m kind of just looking into the slot machine business because I hear it can be very profitable if you build up a lot of them.
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The ATM fee is charged to your account. If you withdraw 50, pay a 3 fee, and lose it walk, the casino walks away with $53
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