StarGames_Official wrote on 27.11.2023 at 13:23:
A casino with 95% RTP + tax on bet is mathematically identical to a 90% RTP casino.
If you Deposit 50 euros in both casinos and start spinning with 20 cents, your fun will last exactly as long in one casino as in the other.
Mathematically yes....
Practically, however, after some time of regulation, the feeling spreads that high win factors (from 750x I'll say now) are almost impossible to get or let's say disproportionately more difficult than with the normal versions with 95% that used to be common...
And these are just the hits you need from time to time to get a worthwhile payout.
So it should be an option for you to run the model with tax per spin, you would have won me as a customer (I already am occasionally, but in my eyes that would be a significant difference to other casinos)
Pat1991 wrote on 27.11.2023 at 13:51: Another option would be to set the RTP including tax to 94% or so. The question is @StarGames_Official whether the remaining profit margin of 0.7% house edge is still worth it for you
The same question could have been asked about casinos before the treaty: why was the RTP 95% and not 99%? Back then, 1% house edge would have been enough, wouldn't it?
In a world where you only had the tax but no other costs, maybe. Here is a list of costs that need to be considered:
Costs to payment providers;
Costs for the game providers;
Platform costs (servers and co.);
Costs for various service providers (verification systems, CRM systems, etc.)
License fee (is paid for the GGL, is also charged based on the bet);
Salaries.
Once these have been paid, we still haven't done any marketing and spent any Bonuses / free spins. Please deduct these as well.
What remains is the win / house edge. We can confirm that the above (excluding marketing and bonus costs) could certainly NOT be paid from the 0.7%. All of these are included in this 5% and explain why the RTP is 90% and not 94%.
Stromberg wrote on 27.11.2023 at 15:50:
Mathematically yes....
Practically, however, after some time of regulation, the feeling spreads that high profit factors (from 750x I say now) are almost impossible to get or let's say disproportionately more difficult than with the normal versions with 95% that used to be common...
And these are just the hits you need from time to time to get a worthwhile payout.
So it should be an option for you to run the model with tax per spin, you would have won me as a customer (I already am occasionally, but in my eyes that would be a significant difference to other game libraries)
Technically, anything is possible. You see it that way. Many people see it differently. Just a few months ago, there was a survey about this here on GambleJoe, which we also followed closely. You can find the results here: https://www.gamblejoe.com/umfragen/108/
54% are in favor of tax per spin. 46% stand for 90% RTP games.
Yes, majority for tax per spin, but this result is not clear.
Then the only question that remains for me is who came up with the retarded idea of taxing slots per spin. Does this have anything to do with the location of the gambling industry abroad?
Every "normal" company is taxed on win, not on turnover.
StarGames_Official wrote on 27.11.2023 at 16:21:
The same question could have been asked about casinos before the treaty: why was the RTP 95% and not 99%? Back then 1% house edge would have been enough, wouldn't it?
In a world where you only had the tax but no other costs, maybe. Here is a list of costs that need to be considered:
Costs to payment providers;
Costs for the game providers;
Platform costs (servers and co.);
Costs for various service providers (verification systems, CRM systems, etc.)
License fee (is paid for the GGL, is also charged based on the bet);
Salaries.
Once these have been paid, we still haven't done any marketing and spent any Bonuses / free spins. Please deduct these as well.
What remains is the win / house edge. We can confirm that the above (excluding marketing and bonus costs) could certainly NOT be paid from the 0.7%. All these are included in this 5% and explain why the RTP is 90% and not 94%.
But all these costs, apart from the German gambling tax, were also incurred by casinos with an MGA license. If you deduct this 5.3 percent, you don't end up with an RTP of 87 percent for games like the ones you unfortunately have.
Sorry...I've been doing this for 1.5 years now. I'm certainly not someone who constantly cries here because of losses while playing. But these miserably low RTPs are making me more and more angry. Even if you alone can't be blamed for this misery, I think 87 percent RTP is very cheeky.
In your defense, I have to say that between all the casinos with a German license, I still prefer to play at....
Nevertheless, I very much hope that something will finally be done about the gambling license. That means: lowering this tax, lowering it by 5 seconds and finally releasing games faster so that the casinos finally have a competitive game selection compared to the "illegal" casinos.
StarGames_Official wrote on 27.11.2023 at 16:26:
Technically anything is possible. You see it that way. Many people see it differently. Exactly a few months ago there was a survey on GambleJoe, which we also followed closely. You can find the results here: https://www.gamblejoe.com/umfragen/108/
54% are in favor of tax per spin. 46% stand for 90% RTP games.
Yes, majority for tax per spin, but this result is not clear.
Sure, it's just my opinion, that's right.
I don't know if you play yourself, but the game versions with the low rtp are simply not the same gaming experience as the "originals".
Apart from the fact that you never have the feeling that you can land a really good hit, they (inevitably) behave completely differently. You enter the free games and are naturally happy about it, but don't expect a big hit to come your way. If it goes very well x250, everything else is or would be like a wildline earlier at doa😉, to put it bluntly...
For a while I continued to play at dux, for example, and was able to pay out a decent amount every few sessions, i.e. around 200 euros or so for my 20 cent spins, and tax was also taken per spin. I couldn't do that in any casino since the regulation.
That's why I would always opt for the old familiar versions with high rtp and pay tax on them...
However, almost every casino handles the rtp and the providers seem to have created special versions for DE, so I think that it is actually the more lucrative way for the casinos.
In my opinion, the fact that the offer is used at all by players who are not completely new to gambling and don't know any other way is largely due to the fact that it is not so easy to simply stop gambling.
Btw. I see the blame for this on the legislation and not on you and I think it's great that you always answer questions here.
Nobody else does and you always get it off🙈
I don't know if you play yourself, but the game versions with the low rtp are simply not the same gaming experience as the "originals".
Apart from the fact that you never have the feeling that you can land a really good hit, they (inevitably) behave completely differently. You enter the free games and are naturally happy about it, but don't expect a big hit to come your way. If it goes very well x250, everything else is or would be like a wildline earlier at doa😉, to put it a little exaggeratedly...
That's why I would always speak out in favor of the old familiar versions with high rtp and tax for them...
However, almost every casino handles the rtp and the providers seem to have created special versions for DE, so I think it's actually the most lucrative way for the casinos.
In my opinion, the fact that the offer is used at all by players who are not completely new to gambling and don't know any other way is largely due to the fact that it is not so easy to simply stop gambling.
Btw. I see the blame for this on the legislation and not on you and I think it's great that you always answer questions here.
Nobody else does and you always get it off🙈
I have to agree with you - hats off to him for taking a stand here at all!
Pat1991 wrote on 27.11.2023 at 17:26: Then the only question that remains for me is who came up with the retarded idea of taxing slots per spin. Does this have anything to do with the location of the gambling industry abroad?
Every "normal" company is taxed on win, not on turnover.
Probably the same experts who find a 5-second break between spins "addiction-reducing"
So when I'm playing Play'n Go slots in a DE casino and this stupid circle makes the next spin clear again, I question my entire existence in these magical 5 seconds, but mainly I always ask myself why I've gone through this shit again and feel like depositing somewhere else, so I have to say it works really well
Probably the same experts where also find 5 second breaks between spins "addiction reducing"
So when I'm playing Play'n Go slots in a DE casino and this stupid circle makes the next spin clear again, I question my entire existence in these magical 5 seconds, but mainly I always ask myself why I've done this shit again and feel like depositing somewhere else, so I have to say it works really well
That's exactly how it is. The 5 seconds aren't long enough to quit, but long enough to feel stupid. Then also think about things like how short 5 seconds seem when you're doing something nice or how long they seem at the dentist, for example.
StarGames experience
Liked this post: Niroht
I think you are a TOP casino, but the RTP makes it very uninteresting.
I also don't think the bonus system is that great but you don't have to use it, I think Bonuses should be credited directly as is usual.
Personally, I would find it fair if the RTPs were increased again. And not everything has to be paid by the player.
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StarGames experience
Liked this post: Niroht
Mathematically yes....
Practically, however, after some time of regulation, the feeling spreads that high win factors (from 750x I'll say now) are almost impossible to get or let's say disproportionately more difficult than with the normal versions with 95% that used to be common...
And these are just the hits you need from time to time to get a worthwhile payout.
So it should be an option for you to run the model with tax per spin, you would have won me as a customer (I already am occasionally, but in my eyes that would be a significant difference to other casinos)
This post has been translated automatically
StarGames experience
Liked this post: roccoammo11
The same question could have been asked about casinos before the treaty: why was the RTP 95% and not 99%? Back then, 1% house edge would have been enough, wouldn't it?
In a world where you only had the tax but no other costs, maybe. Here is a list of costs that need to be considered:
Once these have been paid, we still haven't done any marketing and spent any Bonuses / free spins. Please deduct these as well.
What remains is the win / house edge. We can confirm that the above (excluding marketing and bonus costs) could certainly NOT be paid from the 0.7%. All of these are included in this 5% and explain why the RTP is 90% and not 94%.
This post has been translated automatically
StarGames experience
Nobody has liked this post so far
Technically, anything is possible. You see it that way. Many people see it differently. Just a few months ago, there was a survey about this here on GambleJoe, which we also followed closely. You can find the results here: https://www.gamblejoe.com/umfragen/108/
54% are in favor of tax per spin. 46% stand for 90% RTP games.
Yes, majority for tax per spin, but this result is not clear.
This post has been translated automatically
StarGames experience
Nobody has liked this post so far
Every "normal" company is taxed on win, not on turnover.
This post has been translated automatically
StarGames experience
Nobody has liked this post so far
But all these costs, apart from the German gambling tax, were also incurred by casinos with an MGA license. If you deduct this 5.3 percent, you don't end up with an RTP of 87 percent for games like the ones you unfortunately have.
Sorry...I've been doing this for 1.5 years now. I'm certainly not someone who constantly cries here because of losses while playing. But these miserably low RTPs are making me more and more angry. Even if you alone can't be blamed for this misery, I think 87 percent RTP is very cheeky.
In your defense, I have to say that between all the casinos with a German license, I still prefer to play at....
Nevertheless, I very much hope that something will finally be done about the gambling license. That means: lowering this tax, lowering it by 5 seconds and finally releasing games faster so that the casinos finally have a competitive game selection compared to the "illegal" casinos.
This post has been translated automatically
StarGames experience
Liked this post: Max_Bet, RebellYell
Sure, it's just my opinion, that's right.
I don't know if you play yourself, but the game versions with the low rtp are simply not the same gaming experience as the "originals".
Apart from the fact that you never have the feeling that you can land a really good hit, they (inevitably) behave completely differently. You enter the free games and are naturally happy about it, but don't expect a big hit to come your way. If it goes very well x250, everything else is or would be like a wildline earlier at doa😉, to put it bluntly...
For a while I continued to play at dux, for example, and was able to pay out a decent amount every few sessions, i.e. around 200 euros or so for my 20 cent spins, and tax was also taken per spin. I couldn't do that in any casino since the regulation.
That's why I would always opt for the old familiar versions with high rtp and pay tax on them...
However, almost every casino handles the rtp and the providers seem to have created special versions for DE, so I think that it is actually the more lucrative way for the casinos.
In my opinion, the fact that the offer is used at all by players who are not completely new to gambling and don't know any other way is largely due to the fact that it is not so easy to simply stop gambling.
Btw. I see the blame for this on the legislation and not on you and I think it's great that you always answer questions here.
Nobody else does and you always get it off🙈
This post has been translated automatically
StarGames experience
Liked this post: StarGames_Official
I have to agree with you - hats off to him for taking a stand here at all!
This post has been translated automatically
StarGames experience
Liked this post: Donnie, Langhans_innen, Max_Bet, Pat1991, Saphira
Probably the same experts who find a 5-second break between spins "addiction-reducing"
So when I'm playing Play'n Go slots in a DE casino and this stupid circle makes the next spin clear again, I question my entire existence in these magical 5 seconds, but mainly I always ask myself why I've gone through this shit again and feel like depositing somewhere else, so I have to say it works really well
This post has been translated automatically
StarGames experience
Liked this post: gamble1, Pat1991
That's exactly how it is. The 5 seconds aren't long enough to quit, but long enough to feel stupid. Then also think about things like how short 5 seconds seem when you're doing something nice or how long they seem at the dentist, for example.
This post has been translated automatically