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Online Casinos in general: The Videoslots Weekend Booster is not cashback, is it?

Topic created on 10th Sep. 2020 | Page: 1 of 3 | Answers: 20 | Views: 3,586
DerLorax
Experienced

The Videoslots Weekend Booster is not cashback, is it?

10th Sep. 2020, at 07:16 pm CEST#1
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Hello all,
i was just browsing in the Feedback section and read a now closed thread where people were exchanging ideas about Videoslots Cashback.

I have perceived the Weekendbooster so that it retains something from my wins, quasi as a piggy bank and paid out at the weekend, if you do not take it before.
This is seen especially with high wins, when this is credited to the account first and immediately disappear a few euros / cents.

By definition, a Cashback offered is a percentage credit of the losses played in a specified period, hence the term cashback (we give you a share of what we have received from you back)

Therefore, the Weekendbooster at Videoslots cannot be declared as cashback. Otherwise Rewe could also advertise with cashback, if you buy something for 9.99 and can only pick up the cent back on Friday 😄

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Knochen
Elite

The Videoslots Weekend Booster is not cashback, is it?

10th Sep. 2020, at 07:28 pm CEST#2
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The Weekend Booster is neither a Cashback nor a piggy bank of wins

It is simply measured by your stakes. I think the RTP factor also plays a role, slots with lower RTP give more % Weekendbooster from the stake. So for example you can have some awesome wins with 10€ Deposit, then play forever and end up with 100€ Weekend Booster. So cashback is really not. But it is not a percentage of your wins credited but a percentage of your total bets, depending on the RTP of the game played

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DerLorax
Experienced

The Videoslots Weekend Booster is not cashback, is it?

10th Sep. 2020, at 07:31 pm CEST#3
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Bone wrote on 09/10/2020 at 7:28 pm: Weekend Booster is neither a Cashback nor a piggy bank of wins

It is simply measured against your wagers. I think the RTP factor also plays a role, slots with lower RTP give more % Weekendbooster from the stake. So for example you can have some awesome wins with 10€ Deposit, then play forever and end up with 100€ Weekend Booster. So cashback is really not. But it is not a percentage of your wins credited but a percentage of your total bets, depending on the RTP of the game played.

Also just copied out from Videoslots:
At Videoslots we retain some of your winnings in your own vault. From every win you get from our Video Slots, Slots, Jackpot Games and Live Casino, we transfer 0.5% of your winnings to your vault.

I can't find any info about the fact that bets are also taken into account.
Is it possible that this was once the case with Videoslots, but is no longer the case?

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Knochen
Elite

The Videoslots Weekend Booster is not cashback, is it?

10th Sep. 2020, at 07:33 pm CEST#4
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DerLorax wrote on 10/09/2020 at 19:31
Also just copied out again at Videoslots:
At Videoslots we retain some of your winnings in your own vault. From every win you get from our Video Slots, Slots, Jackpot Games and Live Casino, we transfer 0.5% of your winnings to your vault.

I can't find any info about the fact that bets are also taken into account.
Is it possible that this was once the case with Videoslots, but is no longer the case?

Fact, I have always misunderstood this so far. Interesting to know, thank you

This post has been translated automatically

Knochen
Elite

The Videoslots Weekend Booster is not cashback, is it?

10th Sep. 2020, at 07:36 pm CEST#5
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The information is misleading. If you are not logged in, the Weekend Booster info page says that 0.5% of the wins go into the Weekend Booster. But when you are logged in it says: The Weekend Booster is based on your total bets during the week and the RTP's of the specific games you played.

 How much do you win? Simple, the more you play during the week, the more you will earn with the Weekend Booster on Friday!

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DerLorax
Experienced

The Videoslots Weekend Booster is not cashback, is it?

10th Sep. 2020, at 07:44 pm CEST#6
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Bone wrote on 10.09.2020 at 19:36: So the information is misleading there. If you are not logged in, it says on the info page about the Weekend Booster that 0.5% of the wins go into the Weekend Booster. But when you are logged in it says: The Weekend Booster is based on your total bets during the week and the RTP's of the specific games you played.

 How much do you win? Simple, the more you play during the week, the more you will earn with the Weekend Booster on Friday!

Logged in and only see this:
The Weekend Booster - Save profits in your own vault!

At Videoslots we retain some of your winnings in your own vault. From every win you get from our Video Slots, Slots, Jackpot Games and Live Casino, we transfer 0.5% of your winnings to your vault.
The winnings collected in your vault during the week will be automatically paid out every Friday with a one-week delay to boost your weekend. This will also help you control your game budget better.


How does the Weekend Booster work?
Your accumulated profits are collected daily and will be paid out every week. The Weekend Booster is paid out every Friday, one week later, which means that the winnings you saved during week 40 will be paid out to you on the Friday of week 41.
You can keep track of your saved profits at any time by going to your profile under the tab "My Weekend Booster". The Weekend Booster statistics are updated once a day. If you do not want to wait until the next Friday to get your accumulated funds, you can choose to withdraw them manually from this page. It is voluntary to join the Weekend Booster, and on this page, you can also choose to leave or join the gamification whenever you want.



That's why I unsubscribed from it, because it didn't make sense to me.
Maybe different players are considered differently depending on their status

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Knochen
Elite

The Videoslots Weekend Booster is not cashback, is it?

10th Sep. 2020, at 07:50 pm CEST#7
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You really don't have to unsubscribe from it. I usually get no Weekend Booster because I do not play or too little. But tomorrow I get at least just under 9 € which also corresponds to the amount of my deposits of the last week. In addition, you must not forget that it is real money

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DerLorax
Experienced

The Videoslots Weekend Booster is not cashback, is it?

10th Sep. 2020, at 07:59 pm CEST#8
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Knochen wrote on 10.09.2020 at 19:50: You don't have to log out of it. I usually don't get any Weekend Booster because I don't play or play too little. But tomorrow I get at least just under 9 € which also corresponds to the amount of my deposits of the last week. In addition, you must not forget that it is real money.

I just saw that always only what was taken from my wins and then unsubscribed from Weekend Booster.
Made no difference to me, whether I now have everything in my balance from 100 euros win, or 95 euros, because I get 5 euros of it only on Friday, or get me manually from the booster

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x****Y

The Videoslots Weekend Booster is not cashback, is it?

10th Sep. 2020, at 08:00 pm CEST#9
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Knochen wrote on 10.09.2020 at 19:50: You don't have to log out of it. I usually don't get any Weekend Booster because I don't play or play too little. But tomorrow I get at least just under 9 € which also corresponds to the amount of my deposits of the last week. In addition, you must not forget that it is real money.

Bones you are already right. All people who have an older account still get the Cashback variant. People who are only registered since xx.xx.xxxx, have this stupid new variant, where money is taken from the win and then get this Friday

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DerLorax
Experienced

The Videoslots Weekend Booster is not cashback, is it?

10th Sep. 2020, at 08:04 pm CEST#10
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Seniorfips wrote on 09/10/2020 at 8:00 PM
Bones you are already right. All people who have an older account still get the Cashback variant. People who are only registered since xx.xx.xxxx have this stupid new variant, where money is taken from the win and then get this Friday.

Thanks for the "stupid" 😆 totally confirms my opinion.
And thanks for the clarification

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