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Online Casinos in general: Videoslots secret reduction of RTP ?! (Page 4)

Topic created on 04th Mar. 2019 | Page: 4 of 7 | Answers: 61 | Views: 15,073
Dbac79
Elite

Videoslots secret reduction of RTP ?!

11th Mar. 2019, at 06:20 pm CET#31
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Chillaqueen92 wrote on 11/03/2019 at 17:11: Then it could be that someone always loses constantly and you never come to your own rtp on the durschnittlchen 95%. I don't think so.

sure it can be that someone lands on every spin nen big hit and another always has only deadspins, the automat is the no matter who wins or loses

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Anonym

Videoslots secret reduction of RTP ?!

11th Mar. 2019, at 10:15 pm CET#32
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Yes but everyone still has their personal rtp in each game in their casino to which the game must adhere or not?

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DrPepper
Amateur

Videoslots secret reduction of RTP ?!

11th Mar. 2019, at 11:51 pm CET#33
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Hello all.

I received this as an answer from a support employee.


Due to increased taxes in the UK, Sweden, Germany, Austria and Ireland. The return to player has been adjusted for the following gaming operators.


Pragmatic game

PlayN Go

Red tiger

IGT


What you should answer our dear customers (added as chat and email producer - "RTP Change"):

There are many changes in the industry, every country is regulating and new rules are coming into effect. Therefore, we also see a big increase in taxes and overhead costs. Last year we decided to do something about it to survive in the long term, and we lowered some of our rewards. However, we realized that we still need to make some changes.


So we decided that we have a higher tax than 15% for all markets, which is currently Sweden, Germany, Austria, Ireland and the UK. We need to offer a lower RTP of 96% to 95% on average in these markets. Not all game providers support this today, but the following will and will be affected; Pragmatic Game, Red Tiger, Play'N Go and IGT. As more providers support adjusted RTP, we will adjust it for these markets as well.

However, since we base most of our promotions on RTP, this will mean higher rewards for our customers in these countries.

With this change, all games played in Battle of Slots will be played at the same RTP that we offer for all of the above markets. These games will then have an average RTP of 96% from Battle of Slots for markets below 15%.


I guess that means better avoid the above providers.

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DrPepper
Amateur

Videoslots secret reduction of RTP ?!

12th Mar. 2019, at 12:06 am CET#34
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Edit: However, this was not introduced quite so secretly. https://www.videoslots.com/en/news/5831/announcement/

When I explained to him that German players, for example, are now basically at a disadvantage and basically also achieve a lower score in the battles, he told me:

"I I can understand you but I can't change the company decision"

Hmm...Then I asked if that might cause some players to switch casinos?

He replied " You know that we at customer service can't change it, it's always your choice".



So you could tell that he was working with a translator, because he completely misunderstood some of the questions.

(unfortunately I could not edit my old post, because I still have the newbie status)

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Anonym

Videoslots secret reduction of RTP ?!

12th Mar. 2019, at 01:04 am CET#35
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If it is so that the personal rtp does not play a role, everything does not matter anyway. Every game has to stick to the prescribed rtp in the long run, no matter if other players win. You can not always permanently only lose. And it can not be that no session goes far above 100%

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DrPepper
Amateur

Videoslots secret reduction of RTP ?!

12th Mar. 2019, at 01:51 am CET#36
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Chillaqueen92 wrote on 12/03/2019 at 01:04: If it is so that the personal rtp does not matter everything is shit anyway. Every game has to stick to the prescribed rtp in the long run, no matter if other players win. You can not always permanently only lose. And it can't be that no session goes far above 100%

Well, if you only play Playngo and pragmatic the situation is different. Then you will sooner or later have an average of 94%. What annoys me a bit at this point is this feeling of always being at a disadvantage compared to the other countries where the slots have not been generated. Whether it's the normal play with your own money or the Free Roll Battles. Especially in the new Tuesday Madness Battle, which consist exclusively (wasn random) of PlaynGo play. You will definitely have a disadvantage.
What you think of it all, whether you avoid PlaynGo or the other providers, or whether you change the casino is up to you
Personally, I find it very brazen, then they should rather cancel more "rewards" instead of say to screw on the "balance" of the slots. I mean who plays the slots of these providers now, if you already know before the RTP was reduced. It's kind of like ordering a pizza when you already know you're not going to like it.

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Klempo77
Expert

Videoslots secret reduction of RTP ?!

12th Mar. 2019, at 05:59 am CET#37
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Liked this post: Avatar von DrPepper DrPepper
So, this confirms my fears. Videoslots has really reduced wins, I don't play there anymore

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Latino
Experienced

Videoslots secret reduction of RTP ?!

12th Mar. 2019, at 09:12 am CET#38
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Why does Videoslots as a Maltese company pay taxes in Germany ?
Why does Videoslots as a (from a German point of view) Provider of illegal gambling pay taxes instead of being punished ?
Why does Videoslots have to pay taxes but other OCs do not (yet) ?
Which taxes have been increased in the countries concerned ?
Why is this not announced prominently e.g. by email but (mMn) hidden ?
Why is it called "adjusted" instead of what it actually is - a lowered RTP.

Maybe GambleJoe will take care of this topic and write a nice article about it - I would be very happy not to have to find all the information myself.


@DrPepper:

Edit: But this was not introduced so secretly

But that is secretly such an important information only about a small footer link to make discoverable under the whole promo messages goes down "to communicate". Since the change of the terms and conditions would have been more meaningful, but then the OC would have had to confirm the Kenntnißnahme of the change.


@ChillaQueen92:

Yes but everyone has in his casino still his personal rtp in each game to which the game must adhere or not?


No and it doesn't matter - the RTP will always take effect in the long run - no matter if personally, only in one specific OC or globally in all OCs with all players.


Then it could be that someone always loses and you never get to the average 95% with your own rtp. I don't think so.

You can believe that and there are certainly those lucky or those who are "cursed" and only win a little. The probability (RTP) should compensate for this in the long run, but it is not a guaranteed value


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Klempo77
Expert

Videoslots secret reduction of RTP ?!

12th Mar. 2019, at 09:20 am CET#39
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Just looked at my RTP at Videoslots, BOD is at 33%, and Ramses book 39%
Two games I like to play the most

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Christoph
Experienced

Videoslots secret reduction of RTP ?!

12th Mar. 2019, at 10:24 am CET#40
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Latino wrote on 03/12/2019 09:12: Why does Videoslots as a Maltese company pay taxes in Germany ?
Why Videoslots as a (from German point of view) Provider of illegal gambling pays taxes instead of being punished ?
Why does Videoslots have to pay taxes but other OCs do not (yet) ?
Which taxes have been increased in the countries concerned ?
Why is this not announced prominently e.g. by email but (mMn) hidden ?
Why is it called "adjusted" instead of what it actually is - a lowered RTP.

Maybe GambleJoe will take care of this topic and write a nice article about it - I would be very happy not to have to find all the information myself.

To answer some of your questions briefly

Since 2015 there is a new VAT law in the EU. Service providers are since then obliged to collect the tax levies according to the laws of the user location. Since January 2015, Online Casinos have to pay 19% VAT to the German government. For every euro deposited, 19% VAT is paid. (I had already addressed this in several articles).

Online gambling is still a gray area in Germany. The legal situation is not clear - the state monopoly in gambling is in conflict with the European right to freedom of services. I had addressed the difficult legal situation in article on the legality of online casinos, the legal considerations on casinostreams and a report on the state gambling monopoly. So far, nothing has changed in the legal situation - online casinos and sports betting continue to be tolerated because it is a legal gray area

No taxes have been increased in Germany and Austria. In Sweden, since January 2019 there is a tax of 18% on the gross turnover of players. In the UK, 15% in taxes are still levied on online gambling. The exact background for the reduction of the payout ratio at the slots will probably reveal the online casino. The reduction of the RTP should also have been better communicated to the players concerned - as you have already described.

As for the "adjust" wording, all I can say is that it is standard wording. I have worked with several Brits in the past. As soon as changes of any kind had to be made to a web page, they used the verb "adjust". Overall, there are strange phrases in English for us. When someone in a company is fired, Brits also use the phrase "to let someone go", although there would be clearer phrases for "non-Brits"
Edit: Removed unnecessary blank lines.

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