32 red reverse withdrawal

I've been doing quite a lot of math but struggle to get 30% of profits from reversed withdrawals. PaynPlay casinos only exist for few markets (and still can't make 30% profits from reversed withdrawals when trying). I just would be really interested to see how ending up to 30% with any numbers taken from head to end up that conclusion which is used as fact several times.

Maybe we just have seen really different normal casinos numbers, that's why interested of theoretical example.

How much % in ebita of the gross do the casinos do which you have seen?
 
How much % in ebita of the gross do the casinos do which you have seen?

I didn't ask you to disclose anything under NDA, just open that math with some imagination numbers. Based on your statement of 30%, it should affect in these casinos UK market where option for reverse is totally removed, i can say that it haven't happen for all.

Sorry to ask, but often when something is stated as fact, it could be disclosed where it's coming from or have somewhere to refer, especially when speakin about normal casinos which pretty much would mean same than industry average.

I don't doubt you can show it to be true somewhere but i can also say that it's not effecting all casinos UK ebita by 30% like it should now when reversals are removed.
 
I didn't ask you to disclose anything under NDA, just open that math with some imagination numbers. Based on your statement of 30%, it should affect in these casinos UK market where option for reverse is totally removed, i can say that it haven't happen for all.

Sorry to ask, but often when something is stated as fact, it could be disclosed where it's coming from or have somewhere to refer, especially when speakin about normal casinos which pretty much would mean same than industry average.

I don't doubt you can show it to be true somewhere but i can also say that it's not effecting all casinos UK ebita by 30% like it should now when reversals are removed.

I think as an example LeoVegas ebita is around 10%. If the hold on the deposit compared to the gross goes down and deposit at same time increases transaction fees will go from around 9% to maybe 12% of gross. It’s only 3% but then ebita will be at 7% a 30% decrease.
 
I think as an example LeoVegas ebita is around 10%. If the hold on the deposit compared to the gross goes down and deposit at same time increases transaction fees will go from around 9% to maybe 12% of gross. It’s only 3% but then ebita will be at 7% a 30% decrease.

Thank you. I think hold is often counted between ngr and deposits (how leovegas presenting it). We can see after next quarter probably some changes in UK market for casinos who removed withdrawal option with this math. Leo ebitDa Q1 was exact 10% (8.3% adjusted) and hold bit over 30%.
 
Bejesus thats high.

I wondered what prompted VS to get rid of the option.

Interesting stuff. I had to look up what EBITA meant. Bloomin acronyms are a barrier for understanding sometimes.

I thought* it was about Madonna** :p




* I am kidding, I figured out the meaning in 1-2 sec :D
** B sounds like V in some parts of the world.
 
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Bejesus thats high.

I wondered what prompted VS to get rid of the option.

Interesting stuff. I had to look up what EBITA meant. Bloomin acronyms are a barrier for understanding sometimes.

When following changes to RTP:s, reverse withdrawal and other stuff, these publicly listed companies have their numbers and stories published every quartal, in these maybe some of the changes can be seen or at least these companies like any others like to add explanations which in their opinion had an effect to numbers. They shouldn't at least be telling things which are 100% bs as that's a really big nono in the name of law, you shouldn't lie to investors and getting busted have quite big penalties.

Here's LeoVegas (which was taken as a random example)quarterly reports and presentations:

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I thought* it was about Madonna** :p




* I am kidding, I figured out the meaning in 1-2 sec :D
** B sounds like V in some parts of the world.


Was thinking exactly the same. Thought id better play Captain Sensible for once :)

When following changes to RTP:s, reverse withdrawal and other stuff, these publicly listed companies have their numbers and stories published every quartal, in these maybe some of the changes can be seen or at least these companies like any others like to add explanations which in their opinion had an effect to numbers. They shouldn't at least be telling things which are 100% bs as that's a really big nono in the name of law, you shouldn't lie to investors and getting busted have quite big penalties.

Here's LeoVegas (which was taken as a random example)quarterly reports and presentations:

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Yes I am keen to look at these annual reports but am saving my annual report viewing time for a pre RTP reduction and post RTP reduction. I have not chosen a victim yet. :)
 
Cool, there are some specific numbers like hold (which all don't publish, leo and aspire at least do, but aspire have always have lowest RTP:s, this reverse thingy should feel with them if they have extremely long pending periods like stated) and some other KPI:s... which should tell differences, at least later this year (not sure when most of companies made these changes but think at least some are quite fresh).

Digging these specific numbers unfortunately covers only publicly listed companies, many smaller ones maybe revenue and profits could be found, depends where they are located and what is public information in these countries.
 
Cool, there are some specific numbers like hold (which all don't publish, leo and aspire at least do, but aspire have always have lowest RTP:s, this reverse thingy should feel with them if they have extremely long pending periods like stated) and some other KPI:s... which should tell differences, at least later this year (not sure when most of companies made these changes but think at least some are quite fresh).

Digging these specific numbers unfortunately covers only publicly listed companies, many smaller ones maybe revenue and profits could be found, depends where they are located and what is public information in these countries.

Yes in the UK, as you probably know, we have companies house for groundwork on companies.

Does Malta have anything similar do you know?
 
Some guy at a casino must have thought that putting the option for a reverse withdrawl would gain 'm back a bit more percentage and overall less money to pay out. Geniusses. Now it's getting banned. Good job.

If they torn with RTP really we might as well go back to landbased. Even with lower RTP i can still enjoy myself there pretty well and leave with real cash in my hands.
 
Some guy at a casino must have thought that putting the option for a reverse withdrawl would gain 'm back a bit more percentage and overall less money to pay out. Geniusses. Now it's getting banned. Good job.

If they torn with RTP really we might as well go back to landbased. Even with lower RTP i can still enjoy myself there pretty well and leave with real cash in my hands.

Not tried land based but was being offered free breakfast, free cash, free drinks etc etc by Grosvenor.

Last place i got that was at Mum and Dads.

Hopefully the pandemic's over before too many drop.

In reality, how long do you think before we run out of options to play at max RTP?

Do you think there will always be one or two somewhere for each provider or are we all doomed?
 
Here on the intenet everyone would yell and scream at you that landbased is the devil and internet gambling is the shit. Reality is is that i lose far greater online then i would lose at landbased. It depends on your gameplay and budget obviously but i can tell i'd lose standard 7 out of 10 times (perhaps 8 out of 10 times now) while playing online. The amount of times i lose in landbased is far less obviously. Know your game, have your budget and walk away when your ahead.
 
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To be honest the amount of addicts are growing by the day. It's not because the casino's give away free money but because games are designed in such a way to lure you in more and more and more then you could ever afford. BTG is a good example of that, very volatile but ruining at the same time. It's why i despise online gaming more and more, dirty tricks of online casino's, the stalling of payments, documents, you name it.

I'm sticking with good casino's online as well; but to be honest i see games being changed, max bets being limited now, gamble features being removed, games that do not play as they 'used' to after an update, or change anything at all without even informing the player. And you only figure that out that it's changed after you bashed a pretty amount of money on that.

There's just too many casino's, one with more aggresive marketing then the other, sending emails right before christmass, tossing in bonusses to make people play even more then their budget allows them to. The amount of self exclusion's is growing proportionally. Anyone doubting this should take a good look around on the net with threads people ruining themself.

I am not saying landbased is any better; you could lose just as hard there too; just know your game, machine or slot or (table) game, and you might get ahead if your smart and disciplined. That's all i have to say about it. A online casino by now does'nt give you square or equal odds compared to landbased. Yes a few might call themself lucky for grabbing a big big big win, but the rest is just suckering cows who are bringing the money in in on steady basis for providers and casino's.
 
All online casinos seem to be a lot less responsive theese days, especially on this fourm where is sebastian from risk, private message him 2 times nothing, last time he was here was April 22nd. Like I hope every thing is ok. But at least risk could say something, only active reps videoslots, l&l, none want to come here and get cut a new well you know. Lmfao.
 
All online casinos seem to be a lot less responsive theese days, especially on this fourm where is sebastian from risk, private message him 2 times nothing, last time he was here was April 22nd. Like I hope every thing is ok. But at least risk could say something, only active reps videoslots, l&l, none want to come here and get cut a new well you know. Lmfao.
If they aren't responsive you need to report them, drop @LadyJelena a message or tag her and she will give them a nudge. I don't think those 2 are the ONLY active reps though, I mean Marks been posting in this thread!
I agree though, a lot of reps don't bother logging on now.
Obviously there could be reasons for that at the moment.
 
Not tried land based but was being offered free breakfast, free cash, free drinks etc etc by Grosvenor.

Last place i got that was at Mum and Dads.

Hopefully the pandemic's over before too many drop.

In reality, how long do you think before we run out of options to play at max RTP?

Do you think there will always be one or two somewhere for each provider or are we all doomed?

There will for sure be many places in UK to play MAX RTP on as long as tax remain the same. Is just that they need to cut on other things. Less wages for staff or what ever to keep boat floating.
 
Thats the one Videoslots use for the staff parties isn't it? Think they are weekly ones, every time they cut bonuses from players or steal from affiliates ;)
No no.. You are talking about the Party-boat.
Im actually the Captain of the Party-boat.
jjk.jpg

and when i say that, i mean im locked away in the lil boat hanging on the side of the yacht.
Im not even allowed to play with the helicopter. :(
 
Well I thought ojo took their reverse of. Put 40$ , won 500$ on mega ball, 5min later. Cash out, fucking reverse still there. So just take 24hrs time out, till money goes in, via etransfer.
 

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