
Very interesting deal setup here, most people dont generally dig into the numbers but at a snapshot here's expected cost for winna vs spend:
8.3m wager @ 1.2% average house edge (derived from wager share numbers (30%, 15% after the 50% industry standard reduction) = 103,000$ EV for Winna. Minus the 15% affiliate cut, ~$88k
Average EV per stream: 30k wager requirement, at a 1% house edge is a 300$ cost, so streamer could net +2.7k per stream.
If you streamed daily (no clue, didnt look into it) and played house gsmes on stream to strictly do this to make the most money, your EV is +64800$ (this is winnas cost)
It looks like you have a leaderboard as well, if Winna sponsors it, this is a 10k/14day cost, (17,000$ cost over 24 days):
So:
103000$ in
17000 out in leaderboards
64800 out in streamer pay
17000 in affiliate commission
Winna is looking at 4200$ in EV before paying any additonal bonuses that aren't leaderboard related. Ouch, this is a net negative deal for Winna unless your book gets substantially bigger, or plays drastically higher edge games. I am not implying anything with this statement aside from the flat numbers point of view.
** All numbers are assumptions / based on information provided, this is just a post to give some insight into the economics of streamer/gambling deals **
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