
Originally Posted by
PositiveVariance
Vegas Matt was on a podcast yesterday, posted below...
They (Matt and his Son) were asked about YouTube revenue. His ad revenue is "OVER $100,000 Monthly but less than $200,000 Monthly".
Matt said, last month the channel got 80 Million views.
At these numbers, there is no doubt he is Profitable (Youtube Ad revenue minus Slot losses), as long as he does not have a hidden gambling habit or playing substantially off camera. From what I can tell he puts out a video everyday. If we assume the lower end and go with $120k/monthly, this is $4k per day. $180k/monthly would be $6k per day.
I have watched several of his videos, but I could not give you his average bet size. To try to get an idea of his expected loss, I will assume:
- $50 average bet size
- Average RTP of 92% (8% House Edge)
- 15 Spins per minute (1 spin every 4 seconds)
Given the above data, every MINUTE of footage will have an Expected Loss of $60.
A 30 minute video would have a -EV of $1,800 LONG TERM.
It is probably not acty this high for a couple reasons. He does play a lot of video poker, with the majority of games returning 98%+. Also, on the higher limit machines, they return better than 92%.
I am not sure if it is Matt's goal to actually turn a profit, or just have fun. If I had to assume, I would say he is probably content with "breaking even" while getting to get a daily gambling fix.
If it is Matt's goal to maximize profit, he would really benefit from working with a slot Advantage Player, someone like Mission. Long term this could save him a huge amount of money. Not so much showing him +EV machines, more so consulting with him to reduce his Expected Loss.