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Online Casinos in general: News for online casinos (Page 5)

Topic created on 18th Jan. 2020 | Page: 5 of 5 | Answers: 48 | Views: 16,221
Stealth
Rookie

News for online casinos

7th Jun. 2020, at 07:25 pm CEST#41
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Iseedeadpeople wrote on 07.06.2020 at 13:49
it counts then probably only the deposits and withdrawals, what you convert in the oc will not be recorded.

example --> if you have paid in a total of 1000.- and nothing is paid out, the rest of the month is over.
however, if you pay out 200 within the month, you can pay these 200 also somewhere else, up to the Deposit limit of 1000.- just.
understandable?

if you now win with the 200.- e.g. 4000.- and play with it in the oc up and down and up it juck nobody. if you pay out the 4k you could theoretically pay these 4000.- also somewhere else again. because there is a loss of 1000.- per month provided in the form of a deposit limit 1000.-, how you distribute your win and whether you keep it is up to you.
understandable?

I understood it differently. No loss limit but deposit limit. Therefore, no matter how much is paid out, always only max 1000 € deposit possible. But I can also be mistaken.

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Anonym

News for online casinos

7th Jun. 2020, at 10:02 pm CEST#42
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Stealth wrote on 07/06/2020 at 19:25
I understood it differently. No loss limit but Deposit limit. Therefore no matter how much is paid out, always only max 1000€ deposit possible. But I can also be mistaken.

I have also understood so. 1000 euros deposit per month in total, then is the end. Whether you pay out 50,000 or 0 does not matter.

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Kleinkariert
Expert

News for online casinos

8th Jun. 2020, at 02:31 am CEST#43
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There will probably still be arguments about how exactly this will all come about, I'll try not to get too involved. But Germany pays too much attention to keeping the casinos alive and too little to player concerns. Players want security, fair odds and fast processing of Verification and payout. Optimally, as fast as in a casino, briefly show the ID and then it is matched.

The worst thing so far is the 5 second rule, I pray that they still change their mind. At least down to 3 seconds goes, because 5 seconds are simply much too long. With 1 € max bet and 1000 € limit I can arrange myself. Then I just play for less money, but I do not want that I am so strongly limited in time.

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Christoph
Experienced

News for online casinos

8th Jun. 2020, at 07:54 am CEST#44
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Liked this post: Avatar von garfield68 garfield68, Avatar von supermode supermode
Shortly to the questions about the "betting limit" of 1.000€.

In some newspaper articles the limit of 1.000€ was described as a betting limit. Strictly speaking, however, it is a loss limit. Wins should be able to be offset against it

If a player wins big with a Deposit (e.g. 10.000€), he can lose this win completely. In addition, he can then still lose 1,000€ of his own money. So in the example a loss of 11.000€ would be possible, but in the end it is "only" 1.000€ of his own money per month

Some newspapers had only reported on a stake limit and did not go into potential wins at all. For example, the Augsburger Allgemeine had put it this way:

However, the limit does not take effect if previous wins are used.


However, the bills are only drafts so far. We will have to wait and see what actually comes in the end and how it is to be implemented technically

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Latino
Experienced

News for online casinos

8th Jun. 2020, at 03:00 pm CEST#45
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What I'm wondering : How is this going to be enforced ?

In principle, we have an unambiguous jurisdiction in Germany, which loses its unambiguity, however, by the conflict with EU law and interpretable provisions -> gray area.

I see in the future regulation no big difference to the currently existing and therefore no compulsion to act on the part of the casinos or the players.

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Packleader
Rookie

News for online casinos

8th Jun. 2020, at 03:10 pm CEST#46
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Times logically think about it, how should that go 1000€ in the month?
I pay with A 1000€ and ne hour later with B, how should that be controlled? In addition, with our data protection laws, there can be no storage of this data.
A 1000 € loss limit makes more sense and would also be logical. But a loss limit per casino in which you sign up
No casino would survive for long if each player could only Deposit 1000€ per month.
I think that is not yet thought through to the end, typical German halt.
There is still something coming, wait and see.

Example KFZ Maut...yes Germany needs absolutely the toll and haut billions of euros on the head for nothing...Typical and that was just an example

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Anonym

News for online casinos

8th Jun. 2020, at 04:04 pm CEST#47
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Packleader wrote on 08.06.2020 at 15:10: Think about it logically, how should that go 1000€ a month?
I pay at A 1000€ and an hour later at B, how should that be controlled? In addition, with our data protection laws, there can be no storage of this data.
A 1000 € loss limit makes more sense and would also be logical. But a loss limit per casino in which you sign up
No casino would survive for long if each player could only Deposit 1000€ per month.
I think that is not yet thought through to the end, typical German halt.
There is still something coming, wait and see.

Example KFZ Maut...yes Germany needs absolutely the toll and haut billions of euros on the head for nothing...Typical and that was just an example


With a "1000 Euro loss limit per casino" model, one could also save the law. How I imagine it: You create a central place where each of us is stored under an ID. All casinos that want to offer their service in Germany have to create an interface to this database. For example, if I try to deposit 500 Euros at Platincasino, this request first goes to the database: "Player 8773993 would like to deposit 500 Euros. Please check if he has reached his limit." Only when the database gives the green light, the deposit may be triggered

Sounds simple, but it all involves a lot of expensive rewriting of casino software and links to payment systems. Who is liable if the system fails technically and a player can deposit more after all? Casino, payment service or the federal government? Will this be a German Sonderweg? Why should casinos then invest in high development costs just for German customers, if they are guaranteed to end up with significantly less revenue than before? I am very curious to see in which direction this will develop.

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zambrotta315

News for online casinos

23rd Dec. 2020, at 07:17 pm CET#48
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Helloooo,
wonder now if my win I want to pay out today is really possible, because I have played on more than 1 euro... would be a mega pity if that would not go. I am registered as a German on the site. Does anyone know what by chance?

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gamble1
Icon

News for online casinos

24th Dec. 2020, at 02:52 am CET#49
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zambrotta315 wrote on 23.12.2020 at 19:17: Helloooo,
wonder now if my win I want to pay out today is really possible, because I played on more than 1 euro... would be a mega pity if that would not go. I am registered as a German on the site. Does anyone know what by chance?

There are casinos that do not implement because they have no interest in a German license or simply with a new company / casino to apply later when everything should be through times on it

There you get your wins paid of course even if you play over 1 €

Make sure, however, that it has a good license then everything should be clear

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