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What detailed steps should be taken to determine a fair market price for a used betting terminal?
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Start by researching online marketplaces like OLX, Alibaba, or specialized B2B gambling forums to compare prices for similar terminals with equivalent specifications, age, and condition.
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Assess the equipments brand and lifecycle well-known brands with a reputation for reliability usually retain value better, while lesser-known ones depreciate more quickly.
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Compare with the cost of a new or updated version of the same machine, then apply depreciation based on age, condition, and usage intensity.
How to determine the market value of used betting equipment
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