Platincasino: [solved] Bonus conditions for cashback very opaque and therefore 5000 Euro credit canceled (Page 8)

Falke wrote on 09.01.2022 at 02:34
Most importantly, it makes no sense at all for accounting either

The Cashback and the resulting wins can then be written off as a loss. But if the cashback is always paid out first and then paid in again, then this Deposit is again considered a credit on the balance sheet

To make it clear with this example. (Let's calculate with 100€)

The player gets 100€ cashback, which can be booked as a bonus, i.e. as a loss. He wins a total amount of 5000€. Total loss in the balance: 5000€

The player cashes out the 100€ and cashes in again and comes to 5000€
Total loss: 5000€. Total loss in the balance: 4900€ and therefore less money to write off, since 100€ cash is more in the system. Platin will have to pay more taxes in the end because the real cash receipts will increase


Or I am just completely on the line.

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Curacao22 wrote on 09.01.2022 at 03:02 Clock
So I'm sorry and I would like to be there also not unkind but you talk unfortunately really around head and neck and that has everything little hand and foot, alone the statement that the statements of the employees is no guarantee, is absolutely taken from thin air .
Exactly these employees are there for the support of the players, so if you ask an explicit question and get the answer that you can continue to play with the converted money without Max Cashout, then you can and must definitely rely on it and can invoke .
If a wording in the terms and conditions is opaque, then it is exactly the support to help you further because that is exactly the job.
And there are screenshots which Caro and the manager are also available in which the support clearly writes that after the conversion may be won as much as you are funny
And on the subject if you play there then you have to accept the rules, I definitely agree with you, I have absolutely no problem, IF the rules are clear and apply to all players and any payouts.

The max cashout can not be applied twice to the same money.
You get 100 euros converts this sum once and then have 150 Then you convert the money and you are automatically deleted by the system the 50Euro, because that's exactly when the max cashout rule takes effect . After that it is real money, then can not exist on the same amount again a max cashout.
But if we assume that these rules still exist, then the button "convert to real money" is very clear player deception and not allowed.

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frapi07 wrote on 09/01/2022 at 03:04
The casino does pay out the wins for you at the beginning, but gets the money back from the provider. Otherwise it would not make sense, or am I wrong?

I'm not that deep into the matter, but I always thought that the slot providers were responsible for the winnings distributions. Also, I thought that an OC is just a platform where the slot providers offer their slots

If my assumption is correct, then Bonuses do matter. Bonuses are then to be seen as an additional service of OC, that in case of a successful conversion and payout are not refunded by the slot provider. Then such a protection would also make sense in order to minimize losses with these additional services.

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Falcon wrote on 09/01/2022 at 03:26 PM
Are you really serious about something?

How do casinos earn money in your opinion if the losses of the slot Provider pays and then yes logically also the wins of the slot operator gets?

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frapi07 wrote on 09/01/2022 at 03:49
By getting a portion of the revenue from the slots that went to their platform. At least that's what I thought. So:

eg BOD kp 96% RTP, 2% to the slot Provider and 2% to the casino

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