Online Casinos in general: StarGames experience (Page 98)

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%.

This post has been translated automatically

Saphira wrote on 27.11.2023 at 23:19:

That's exactly it. The 5 seconds are not 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

RebellYell wrote on 27.11.2023 at 18:04:
But all these costs, except for this German gambling tax, have also had the casinos with MGA license. If you deduct this 5.3 percent, I don't get 87 percent RTP for games, as you unfortunately also have.

This post has been translated automatically

This post has been translated automatically

Pat1991 wrote on 28.11.2023 at 11:23 am: Are you actually still the same company that used to run the "illegal" StarGames? I would be interested to know: How have your revenues and wins changed since you switched to "German license"? How much does this 5-second-5%-per-spin-1-euro-maximum crap put players off?

I mean exact numbers of course, but is it more profitable overall for a casino to operate under a German or a "foreign" license?

I wonder whether the German state wouldn't expect much more tax revenue from a "proper" casino, if only because of the high rollers. As one user here wrote so well: the LUGAS system (or was it OASIS? *thinking*) is probably more than enough to protect players.

This post has been translated automatically

Pat1991 wrote on 28.11.2023 at 11:23 am: Are you actually still the same company that used to run the "illegal" StarGames? I would be interested to know: How have your revenues and wins changed since you switched to "German license"? How much does this 5-second-5%-per-spin-1-euro-maximum crap put players off?

I mean exact numbers of course, but is it more profitable overall for a casino to operate under a German or a "foreign" license?

I wonder whether the German state wouldn't expect much more tax revenue from a "proper" casino, if only because of the high rollers. As one user here wrote so well: the LUGAS system (or was it OASIS? *thinking*) is probably more than enough to protect players.

This post has been translated automatically

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.

This post has been translated automatically

mtorero wrote on 28.11.2023 at 14:27:

Sorry, but that's not right.

Let's take a slot with lowest/no volatility and 95% payout ratio:

50 euros starting capital and 20 cents per spin + tax, i.e. 21.06 cents per spin incl. tax results in just under 4700 spins until we reach 0.

Now the same slot with 90% payout ratio:

50 euros starting capital and 20 cents per spin without tax added on results in 2491 spins until we are at 0.

Of course there is also the volatility and with a lot of luck you can land a big hit with a small Rtp, but that doesn't change the fact that the playing time here is almost 50% less than with a 95% payout ratio + tax deducted separately!

• At 20 cents per spin with 95% RTP + tax, the losses per spin are 0.02006 euros, i.e. 2.006 cents. This results from 0.20 cents * 0.05 (Hold) + 0.01006 Euro tax. Tax is calculated at 5.03%, as providers have to pay the effective rates and not 5.3%.
  
  So after 2493 spins you are at (approximately) 0 euros.
  


• At 20 cents per spin but with 90% RTP, the losses per round are 0.02 euros, i.e. 2 cents. The result is 0.20 cents * 0.1 (hold) + 0 euro tax.
  
  So after 2500 spins you are at (approximately) 0 euros.

This post has been translated automatically

StarGames_Official wrote on 28/11/2023 16:02:
How do you come up with these numbers? Let's say theoretically that in one case we have 95% RTP + tax per spin and in the other case 90% RTP without tax per spin, and these calculations are applied to every single round. Therefore, you lose the following values:

• At 20 cents per spin with 95% RTP + tax, the losses per spin are 0.02006 euros, i.e. 2.006 cents. This results from 0.20 cents * 0.05 (Hold) + 0.01006 Euro tax. Tax is calculated at 5.03%, as providers have to pay the effective rates and not 5.3%.
  
  So after 2493 spins you are at (approximately) 0 euros.
  


• At 20 cents per spin but with 90% RTP, the losses per round are 0.02 euros, i.e. 2 cents. The result is 0.20 cents * 0.1 (hold) + 0 euro tax.
  
  So after 2500 spins you are at (approximately) 0 euros.

Maybe we've missed something, so it would be cool if you could publish your calculations.

This post has been translated automatically

mtorero wrote on 28.11.2023 at 17:38:
Here is a Rtp Calculator and also a video (in English) where it is well explained:

-- Link was removed because of foreign advertising --
(I hope it is ok to put the link here)

21 cent spins at 95% or 20 cent spins at 90% makes an awesome difference.

Anyone who has played at Platin or casinos of the N1 Casino Group (where the tax is/was deducted separately per spin but the normal Rtp is retained) will be able to confirm that the gaming experience was still worlds better than de-licensed casinos.

Edit by Julian: The link had to be removed due to third-party advertising - please use Google if necessary

This post has been translated automatically