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Online Casinos in general: This is a disaster (Page 3)

Topic created on 29th Mar. 2019 | Page: 3 of 4 | Answers: 31 | Views: 8,787
Daniel
Elite
Latino wrote on 03/29/2019 08:57: You still play Play'n Go slots at Videoslots with the reduced RTP?

The topic has already been discussed here: https://www.gamblejoe.com/forum/online-casinos/allgemeines/videoslots-heimliche-reduzierung-der-rtp--72141/

(You linked it but I'm linking it again too so everyone will notice)

The post title is a bit lurid and Videoslots didn't introduce the whole thing secretly either, but officially announced it on their website in advance. I think most casinos would not be so transparent. You also have to keep in mind that Videoslots does a lot more for the players than your average online casino.

Ultimately, everyone has to decide for themselves whether or not to continue playing there and accept a comparatively lower payout rate for a trustworthy casino. However, I can imagine that most Online Casinos do this secretly, which is why I recommend checking the payout ratio of the games and comparing it to Videoslots.

As far as I know, some manufacturers have reduced the odds for Videoslots between 1% and 3%. However, some manufacturers do not offer the option of reduced RTP, or do not offer it yet - which is why it does not affect all game manufacturers.

What does it mean?

A reduced payout ratio of 3% naturally leads to higher losses in the long run - but that doesn't mean that you can't win just as much in the short run. The differences are also not 20 - 25% as for example in gambling houses.

For players who play many hours a day, this of course makes a difference in the long run

Example calculation - stake = €1 per spin:

Payout ratio Ø Loss per Spin Ø Loss per minute (approx. 20 spins) Ø Loss per hour (approx. 1,200 spins)
95% 0,05€ 1,00€ 60,00€
94% 0,06€ 1,20€ 72,00€
92% 0,08€ 1,60€ 96,00€


At higher or lower stakes, the average long-term losses increase or decrease proportionally to the stake.

Example calculation - stake = 10 cents per spin:

Payout ratio Ø loss per spin Ø Loss per minute (approx. 20 spins) Ø Loss per hour (approx. 1,200 spins)
95% 0,005€ 0,10€ 6,00€
94% 0,006€ 0,12€ 7,20€
92% 0,008€ 0,16€ 9,60€


Example calculation - stake = 2€ per spin:

Payout ratio Ø loss per spin Ø Loss per minute (approx. 20 spins) Ø Loss per hour (approx. 1,200 spins)
95% 0,10€ 2,00€ 120,00€
94% 0,12€ 2,40€ 144,00€
92% 0,16€ 3,20€ 192,00€


You can still win but in the long run it will be noticeable. Now you have a few numbers so that you can better assess the whole thing and make a decision for you.

This post has been translated automatically

Latino
Experienced
Okay ...
Let's take Book of Dead - was at 96.21% and was reduced to 94.25%, since the decimal places are approximately the same I round the values off then it can be better calculated.

1000 Spins a 1 € at 96% RTP = Ø 40.00€ loss
1000 Spins a 1 € at 94% RTP = Ø 60.00€ loss

Are 33% more loss (theoretically/long term) ... or do I have a buck in there that I just don't see ?

This post has been translated automatically

Anonym

Daniel wrote on 03/29/2019 at 8:31 pm
The topic has already been discussed here: https://www.gamblejoe.com/forum/online-casinos/allgemeines/videoslots-heimliche-reduzierung-der-rtp--72141/

(You linked it but I'm linking it again too so everyone will notice)

The post title is a bit lurid and Videoslots didn't introduce the whole thing secretly either, but officially announced it on their website in advance. I think most casinos would not be so transparent. You also have to keep in mind that Videoslots does a lot more for the players than your average online casino.

Ultimately, everyone has to decide for themselves whether or not to continue playing there and accept a comparatively lower payout rate for a trustworthy casino. However, I can imagine that most Online Casinos do this secretly, which is why I recommend checking the payout ratio of the games and comparing it to Videoslots.

As far as I know, some manufacturers have reduced the odds between 1% and 3% for Videoslots. However, some manufacturers do not offer the option of reduced RTP, or do not offer it yet - which is why it does not affect all game manufacturers.

What does it mean?

A reduced payout ratio of 3% naturally leads to higher losses in the long run - but that doesn't mean that you can't win just as much in the short run. The differences are also not 20 - 25% as for example in gambling houses.

For players who play many hours a day, this of course makes a difference in the long run

Example calculation - stake = €1 per spin:

Payout ratio Ø Loss per Spin Ø Loss per minute (approx. 20 spins) Ø Loss per hour (approx. 1,200 spins)
95% 0,05€ 1,00€ 60,00€
94% 0,06€ 1,20€ 72,00€
92% 0,08€ 1,60€ 96,00€


At higher or lower stakes, the average long-term losses increase or decrease proportionally to the stake.

Example calculation - stake = 10 cents per spin:

Payout ratio Ø loss per spin Ø Loss per minute (approx. 20 spins) Ø Loss per hour (approx. 1,200 spins)
95% 0,005€ 0,10€ 6,00€
94% 0,006€ 0,12€ 7,20€
92% 0,008€ 0,16€ 9,60€


Example calculation - stake = 2€ per spin:

Payout ratio Ø loss per spin Ø Loss per minute (approx. 20 spins) Ø Loss per hour (approx. 1,200 spins)
95% 0,10€ 2,00€ 120,00€
94% 0,12€ 2,40€ 144,00€
92% 0,16€ 3,20€ 192,00€


You can still win but in the long run it will be noticeable. Now you have a few numbers so that you can better assess the whole thing and make a decision for you.


I think this is also related to the discontinuation of PayPal as a payment service Provider in the OC area. Somehow the casinos want / have to compensate for the resulting loss of revenue

This post has been translated automatically

Daniel
Elite
Latino wrote on 29/03/2019 at 21:25: Okay ...
Let's take Book of Dead - was at 96.21% and was reduced to 94.25%, since the decimal places are approximately the same I round the values times then it can be better calculated.

1000 Spins a 1 € at 96% RTP = Ø 40.00€ loss
1000 Spins a 1 € at 94% RTP = Ø 60.00€ loss

Are 33% more loss (theoretically/long term) ... or do I have a buck in there that I just don't see ?

No, you have no buck in there. That's exactly how it is.


Most players see an AQ of 95% as high and estimate their winning probabilities to be higher than they are. It is also always said that you get 95% of your bets back. This is also true but

1. this is calculated per spin (long term).
2. intermediate winnings (which one gambles away again anyway) also count in.
3. One should approach the matter with another way of looking at it. If an AQ of 95% is given, then you should not think that you get 95% back in the long run, but that you lose 5% of your stake per spin in the long run.

Who is interested in this should read the following articles:



With this you have understood everything in principle. The casinos or the game manufacturers do not have to cheat at the AQ. They already earn enough without cheating.

Interesting is also our Book of Ra comparison. By the way, Book of Ra Classic has the lowest payout ratio of all slot games. Online you can no longer gamble this anyway but the odds will also apply to casinos (*), whereby casinos are also more non-transparent than Online Casinos, as far as the payout ratio is concerned. Again, no odds are given for the individual games.

(*) For all newcomers: This does not apply to casinos. Please do not confuse casinos with gaming arcades. In gaming arcades, the payout ratio is unknown, there are no concrete specifications. However, manufacturers say that the AQ should be between 70% and 80%.

So in gaming arcades you lose per 1,000 spins a 1€ with approx. 75% AQ = Ø 300.00€ loss. Of course, in gaming arcades you can not lose so much in practice due to booking breaks, booking times, other breaks and maximum hour loss. One cannot gamble in gaming arcades also immediately on 1€. But calculated down to 20 cents, one loses in gaming arcades per 1,000 spins Ø 50€ and in online casinos (AQ 95%) per 1,000 spins a 20 cents bet on average 10€. The long-term losses are therefore about 5 times higher. And that is about right. Often you lose more, rarely you win - how often do you have e.g. booking breaks? Sometimes you have more pauses than playing time.



This post has been translated automatically

toska19
Rookie
I once registered with Lapalingo some time ago. Never paid out anything.
But I noticed that there are slots there - which do not pay 60 rounds a single cent. I sometimes play in demo mode. Fortunately.
Outrageous. This was not the case with any other casino - not even with Mr Green.
Many demonize the casino. But not true. At Mr Green often come free spins, you have quite a chance to win something.

This post has been translated automatically

Daniel
Elite

toska19 wrote on 30/03/2019 at 09:10: I once registered at Lapalingo some time ago. Never paid out anything.
But I noticed that there are slots there - they don't pay 60 rounds a single cent.... I sometimes play in demo mode too. Fortunately.
Outrageous. This was not the case with any other casino - not even with Mr Green.
Many demonize the casino. But not true. At Mr Green often come free spins, you have quite a chance to win something.


Many demonize Mr. Green because many think the same about Mr. Green as you do about Lapalingo. They had or have more bad luck in the short or medium term at Mr. Green than elsewhere. The odds and the games are the same everywhere (except for Videoslots recently). But this is really new that the RTPs differ between the casinos - which is also the reason why the RTP was not lowered at all game manufacturers, since most do not even offer this option.

This post has been translated automatically

WithoutWings
Expert
What Play and Go allows itself is cheeky the week over 1000 euros on 50 cents twisted and quite often free spins get again and again a K where then one or two times 3 came otherwise nothing

To Mr Green I have 1700 out then with 50 euros stake.

About the name of my girlfriend also 1300 with 50 euros stake therefore I can say nothing bad but since then comes nix more the casinos get their money back already.

This post has been translated automatically

Anonym
Steinlaus wrote on 29/03/2019 at 05:26: Since the beginning of March zero win! I am not a pro gamer and keep my finances in check. Play in different OC. Never pay in more than 25 euros. Until the end of February everything went smoothly. Wins between 100-1200 euros were almost every week in it. But March is a disaster! Deposit doubled, then everything down again
Is it the same for you?
Can it be that the casinos want to get the money back? Have the feeling that the very well somehow save who wins what and then at some point switch the now let bleed first

Hi stone louse and also the others,

very good report from you. So, I admit it now also, yes. I fell off the wagon again and lost almost 500 euros today. I had played myself with a deposit of 100, -Euro up to almost 500 Euronen. I only play the new Lightning Roulette at CasinoClub.
That ran first the whole day quite well and then suddenly one could play like one wanted. As often as there suddenly came the zero, something like that can not be a coincidence. There are more and more entries on the Internet to read that this CasinoClub should not be so serious.

For me is now only times until the next salary break. because I will still go to the cure is now finally end with the Zockerei. It is not quite true, so actually I have lost only 100 euros, this was my deposit, but annoying it is of course. Am again addicted to greed and intoxication

Many are right when they say -once a gambler- always a gambler

This post has been translated automatically

Steinlaus
Amateur
Can you also do something wrong yourself? I mean, no matter how much, no matter in which OC one pays in, ONLY LOSS. Of course, I'm not looking for the scapegoat or the buck. But this is slowly really frustrating that one is in estimated 10 OC`s only losing.
I also pay only between 10, - and at most 30, -. Have today times in Videoslots 20, - deposited and Dragons Champions with 40 cents played. It also went quickly up to 65, -. Continued to play with 40 cents, but then I had fallen back to 40, -. Then I played Chrystal Ball. Further down to 30,- Then I tried again on D.C. And then I was on zero.
And so it goes in the other OC`s. That is like bewitched the whole.

This post has been translated automatically

Anonym
Steinlaus wrote on 03/30/2019 at 18:40: Can you do anything wrong yourself? I mean by that, no matter how much, no matter in which OC you Deposit, ONLY LOSS. I'm not looking for the scapegoat or the buck, of course. But this is slowly really frustrating that one is in estimated 10 OC`s only lose.
I also pay only between 10, - and at most 30, -. Have today times in Videoslots 20, - deposited and Dragons Champions with 40 cents played. It also went quickly up to 65, -. Continued to play with 40 cents, but then I had fallen back to 40, -. Then I played Chrystal Ball. Further down to 30,- Then I tried again on D.C. And then I was on zero.
And so it goes in the other OC`s. That is like bewitched the whole.

Hi,
i never play slots, because I think that they are all manipulated. Some months ago I had won a big win about 5000 Euro with roulette. Then I said to myself try a Jackpot game. something with millionaire was that, currently very popular

So and it happened the incredible, not even really won and all the money in one afternoon gone. So, I never again slot.

To Roulette, which runs much better and is supposed to be live. Also there the sheet turned and as often as suddenly the zero came or even the other color. Think times that also roulette - fraud is. The game is manipulated

The best option would be to stop playing, but I've fallen off the wagon twice now.

I think that the gameplay of OC is fake. I would even go so far as to say that they can even set the number that wins.

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