Pinocasino tax deduction higher than 5.3% ?

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Amateur

observer

Topic Creator

Forum posts: 116 Member since: 09.08.2020

17th Feb. 2022, at 10:52 pm CET#1

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Hello,
i have just played in the above casino. When the bonus was played away, the tax deduction took effect. I noticed that I was deducted 1 cent per 10 cent spin. That would mean 10% tax deduction or? The game was Midas Golden Touch. Now I'm a bit puzzled - maybe someone of you is there and can check this against?

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Elite

frapi07

Forum posts: 2.899 Member since: 27.02.2021

Pinocasino tax deduction higher than 5.3% ?

17th Feb. 2022, at 11:58 pm CET#2

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there are casinos that do not deduct 0.053 ct at 10ct/rotation, but directly deduct 1 cent.

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Expert

Caro

verified

Forum posts: 1.839 Member since: 12.12.2018

Pinocasino tax deduction higher than 5.3% ?

18th Feb. 2022, at 09:40 am CET#2

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Liked this post: Max_Bet

Hi observer, in the terms and conditions at PinoCasino only one example is listed when playing with €1 stake. I would like to forward this to the manager and keep you updated.

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Expert

moralischverwerflich

verified

Forum posts: 1.178 Member since: 29.07.2021

Pinocasino tax deduction higher than 5.3% ?

18th Feb. 2022, at 09:42 am CET#3

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At Casumo even depending 100%😂 account now deleted there, but when they introduced the nonsense, I played a line with 1cent as a joke to see how then the tax is calculated and with each 1cent spin was deducted 1cent

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Top Member

snopsim

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Forum posts: 986 Member since: 19.09.2018

Pinocasino tax deduction higher than 5.3% ?

18th Feb. 2022, at 09:48 am CET#4

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The worst is Videoslots. If you play there on 0.01 € then they deduct even 1 cent, so 100% 🤦🏻♀️

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B****6

Forum posts: 46 Member has been banned

Pinocasino tax deduction higher than 5.3% ?

18th Feb. 2022, at 11:25 am CET#5

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snopsim wrote on 18.02.2022 at 09:48: The worst is Videoslots. If you play there on 0,01 € then they deduct even 1 cent, so 100% 🤦🏻♀️

Somehow these casinos have to make a win. It's all very expensive. Electricity, servers, employees and advertising partners cost a lot.
And then Gewinnt also sometimes someone, as it looks yes mostly players from here very much money. And since they do not want to pay on it but would like to celebrate on South American march powder. Must halt also be a tax deduction in it.

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Rookie

Dux_Pino_Casino

Casino Manager

Forum posts: 26 Member since: 20.10.2021

Pinocasino tax deduction higher than 5.3% ?

18th Feb. 2022, at 02:39 pm CET#6

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Dear Community;

Due to the legal regulations in Germany, we are forced to pay a tax of 5.3% on each bet. As you already know, there are casinos that cover the taxes themselves, but accordingly lower the RTP of the games to sometimes below 90%.

We, as well as other casinos operating under the license of N1 Interactive Ltd. , have decided to pass on these costs to the player, but make NO changes to the gaming experience or payout ratio

As you may have noticed, a bet of 0,10€ will be charged with a fee of 0,01€. Since the system displays two digits, we have to work with a rounding procedure. However, we would like to point out that we round down ALSO in the sense of the players.

Example:
Stake 0,10€ - Fee 0,01€
Stake 0,20€ - fee 0,01€
Stake 0,30€ - fee 0,02€
Stake 0,40€ - fee 0,02€
Stake 0,50€ - fee 0,03€
Stake 0,60€ - fee 0,03€
Stake 0,70€ - fee 0,04€
Stake 0,80€ - fee 0,04€
Stake 0,90€ - fee 0,05€
Stake 1,00€ - fee 0,05€

We hope we could explain the situation to you and wish you a lot of fun and luck!

Best regards,
The PinoCasino team.

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Amateur

observer

Topic Creator

Forum posts: 116 Member since: 09.08.2020

Pinocasino tax deduction higher than 5.3% ?

18th Feb. 2022, at 03:27 pm CET#7

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So let's say I have 10 euros in credit. I play 100 spins a 10 cents. According to the example, 100x 1 cent tax is deducted. That makes exactly 1 Euro, and is therefore much more than said 5.3% tax. Namely a whole 10% tax or not? Or do I see this wrong?

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t****o

Forum posts: 171 Member has been banned

Pinocasino tax deduction higher than 5.3% ?

18th Feb. 2022, at 04:03 pm CET#8

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observer wrote on 02/18/2022 at 15:27: So let's say I have 10 euros as credit. I play 100 spins a 10 cents. According to the example, 100x 1 cent tax is deducted from me. That makes exactly 1 euro, and is therefore much more than said 5.3% tax. Namely a whole 10% tax or not? Or do I see this wrong?

Per spin! You can also make only one spin with 10 euros, then you have paid a one-time 5.3% tax.
Does anyone have any info if this is paid per spin or on the Deposit?

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Elite

frapi07

Forum posts: 2.899 Member since: 27.02.2021

Pinocasino tax deduction higher than 5.3% ?

18th Feb. 2022, at 04:06 pm CET#9

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Liked this post: t****o

tequiero wrote on 02/18/2022 at 16:03
Per spin! You can also make just one spin with 10 euros, then you paid 5.3% tax once.
Does anyone have any info if this is paid per spin or on the Deposit?

With Pino you pay no tax on deposits, so the tax is per spin

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Online Casinos in general: Pinocasino tax deduction higher than 5.3% ?

Pinocasino tax deduction higher than 5.3% ?

Pinocasino tax deduction higher than 5.3% ?

Pinocasino tax deduction higher than 5.3% ?

Pinocasino tax deduction higher than 5.3% ?

Pinocasino tax deduction higher than 5.3% ?

Pinocasino tax deduction higher than 5.3% ?

Pinocasino tax deduction higher than 5.3% ?

Pinocasino tax deduction higher than 5.3% ?

Pinocasino tax deduction higher than 5.3% ?

Pinocasino tax deduction higher than 5.3% ?

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