Online Casinos in general: Consequences after July 1, 2021 (Page 34)

Ruebezahl wrote on 07/06/2021 at 11:36 AM

Theoretically fair would be if the casino has to pay a total tax. And this from the losses
(deposits minus withdrawals) of the players
That is volume per month and then just 5, x to the tax office Berlin Neuköln

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Ruebezahl wrote on 06.07.2021 at 11:36 am: I play Roulette most of the time. It annoyed me already on the 1st day extremst that bets were rejected because tax coverage was missing
This has never happened before: the quota for roulette is now 1.94 instead of 2.0. Even with French Roulette you get
less in the long run


Theoretically, it would be fair if the casino had to pay a total tax. And this from the losses
(deposits minus withdrawals) of the players
That is volume per month and then just 5, x to the tax office Berlin Neuköln

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Grimmor666 wrote on 07/06/2021 at 04:50: consequences after July 1 2021:
most players will migrate towards illegal Curacao casinos or ( currently not implementing rules but having Mga license in their gold plated butts ) clits like Rembrandt, Big5 and co,

continue to play at Pokerstars under a different country setting (eg Ireland), since no restrictions apply here and then complain that a few k are not paid out,

to Bitcoin based casinos ala Stake ( well is that not realistic that Roshtein with 4 million in the account, rofl, 1000er Spins makes or a Trainwreck 1 million at Book of Shadows with nem 100er Spin, also like the good Ismael Swartz, makes - from billo Twitchstreamer to millionaire ... ) .

Anyone who still plays under the new law in casinos that are greedy for a German license will settle on the forever loser road,

Gamblejoe will ( no front - the time of making money with internet gambling sites here in Germany is over now ) be forgotten in a few months ... )

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derder wrote on 05.07.2021 at 18:48: Because of Austria:

Reply from Caxino:
Due to the new mandatory jurisdictional limit in Austria, you have a net loss limit of €2,000, which unfortunately cannot be waived. Since you have now reached this limit, it is not possible to continue playing.

This applies to ALWAYS, they said...WTF?!

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Mo1985 wrote on 06.07.2021 at 07:15: Di verzockenst zb 500€ a month and crying about 5.3% tax? Paradox - for me these are phantom discussions, which eig only gambling addicts lead.

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DieWunderharke5000 wrote on 06.07.2021 at 19:00: Do not understand how you can still defend this completely senseless taxation?

I would really have no problem with a tax on the Deposit or on wins. So for example if I deposit 100 only 94,70 will be credited to the account and the rest goes to the state. Or if I cash out 500 I only get 473.50. I could really live with that if the actual game remains unchanged

But as it is now, I (or rather the casino) pay a completely illogical amount and get a much worse gaming experience for it

Let's say I make spins over the month for 10,000€. Then that is 530€ in taxes. However, it is not taken into account at all whether I had a good run and managed that with 100€ deposit, or whether I had to deposit 900€ for it.

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Tonka Bean wrote on 06/07/2021 at 18:12
I think so too
Since so many get upset because of the tax and gamble away thousands of Euro's a month !?!
Or buy cigarettes every day, which are also now highly taxed.
All a luxury problem.

Who does not want it should let it but.

Love greetings

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Krabbenburger wrote on 06.07.2021 at 19:23
I had already written the following in another thread but copy it here again purely since apparently some are not clear what this means in practice :

"I think you underestimate what this tax means and how strong the impact really is .
In practice this tax means that players lose more than twice as much when they play as much as before.
To illustrate it in numbers using the example of Book of Dead :
A player has previously in a month 10,000 € game turnover made at the highest RTP setting of 96.21%.
This means that his theoretical loss was €379 per month.
The same player now gambles just as much, only that the state additionally requires a tax of 5.3% on sales that the casino passes on to the player.
The player loses now on average 379€ in house advantage + 530 € in tax thus altogether 909€ !!!!

"

Of course, in practice the RTP is even lower because the revenue losses due to the 1€ limit and the 5 seconds rule are compensated by the casinos through further RTP reductions.
If you log into casinos that are nice and good all turnover you see RTPs even from 85% to 87% .
Playing there is like flushing your money down the toilet.
I think that in the first place players who can not control their desire to gamble are ripped off mercilessly.
These ultra low RTPs are just from an ethical point of view the very last thing. One should still consider that many casinos with the ultra low RTP no 1,000€ limit have and partly also still the higher speed .
This fatal combination pulls the money out of your pocket faster than you can look.

Who plays under these conditions is in my opinion either ignorant or masochistically inclined.

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