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Conversion Uplift

Real Money Player

Definition

A real money player (RMP) is normally a customer of an online gaming site who registers and makes at least one deposit (e.g. first time deposit) to allow them to gamble online. Due to the use of free, no deposit bonuses, customers can sometimes become an RMP without making a first time deposit. However, to avoid misleading financial reporting these types of RMPs are normally excluded from key performance indicators.

Image of chart tracking PMP and RMP conversion rates

RMP conversion rates for many sites can be extremely low (e.g. less than 1% of visitors for casino sites) and so such sites rely on high rollers (i.e. VIPs) to generate most of their profits. This also means that it can be difficult to optimise sites for RMP conversion. Instead micro-conversions (e.g. registration – PMP) are often used as success metrics when A/B testing.

Resources:

Conversion marketing – Glossary of Conversion Marketing.

Lessons from poker – How can poker help boost your conversion rate?

Over 300 tools reviewed – Digital Marketing Toolbox.

A/B testing software – Which A/B testing tools should you choose?

Types of A/B tests – How to optimise your website’s performance using A/B testing.

Credit:

https://www.flaticon.com/search?word=gambling

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Neal Cole

Neal Cole

Neal is the founder of Conversion Uplift and the author of the official GA4/GTM audit course for CXL. It's the course much of the industry trains on. He's spent over 20 years in digital analytics, including senior roles in online gaming and financial services, working out where businesses' numbers go wrong and what it costs them. His work now focuses on server-side tracking, GA4 and BigQuery: getting the data right, and being the person who's accountable for it when a decision depends on it.
Neal Cole

Neal Cole

Neal is the founder of Conversion Uplift and the author of the official GA4/GTM audit course for CXL. It's the course much of the industry trains on. He's spent over 20 years in digital analytics, including senior roles in online gaming and financial services, working out where businesses' numbers go wrong and what it costs them. His work now focuses on server-side tracking, GA4 and BigQuery: getting the data right, and being the person who's accountable for it when a decision depends on it.

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