Betway reduces the RTP to that sweet 92%

[DreddBeat]

Most of these are already abominations and hard to land anything. Yay for the UK online casino scene.

Full List of games affected:

Fishin' Frenzy
Fishin' Frenzy Megaways
Eye of Horus Megaways
Fishin' Frenzy Big Catch
LOTI Fortune Play
The Goonies Hey You Guys
Diamond Mine
Bison Rising
Eye of Horus

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[dunover]

Most of these are already abominations and hard to land anything. Yay for the UK online casino scene.

Full List of games affected:

Fishin' Frenzy
Fishin' Frenzy Megaways
Eye of Horus Megaways
Fishin' Frenzy Big Catch
LOTI Fortune Play
The Goonies Hey You Guys
Diamond Mine
Bison Rising
Eye of Horus

You do not have permission to view link Log in or register now.

Love the terminology 'changed' instead of 'skimmed' or 'reduced' - product shrinkage is alive and well in the gambling world!

 

[greylady]

It was bound to happen as the casino's have to find a way to try and claw back money they are going to lose come next month when there is a cap on the max bet in the UK. I expect given time it will reduce even more as they attempt to increase their profits.

The UK gambling industry is as good as done!

 

[jasonuk]

The £5 limit is only on slots, so I don't see it having that much impact. Remember a lot of sites were defending against a potential £2 limit so started voluntarily imposing a £5 or £10 limit to influence that announcement.

The drop from 96% to 94% was barely justifiable, the rest is greed. The one thing we don't really have an answer to is how much of an exodus there has been to the high seas in the past 3-5 years... given how rampant the crypto spam is, and given the number of threads of people getting into problems (stolen funds, responsible gambling etc) I suspect the number is much higher than the UKGC would ever be willing to admit.

After all, 96%, 94% or 92%... you're not making money if those people have stopped playing at your site!

 

[slot_zombie]

Considering that Stake.com alone hands out weekly cashback to players (10% of losses) in the realm of $15m, we can guess where a chunk of UK cash is now being spent.

 

[Jono777]

If I understood Crypto (or could be bothered to learn) I'd have jumped ship ages ago.

UK casinos have to make cuts but some of them are also taking advantage of this as using it as an excuse.

 

[sufferinsilence]

Betway is withdrawing from the Belgian market.

Not a big loss: their sportsbook limits you after winning twice and the slots are only NetEnt, GG and a small amount of BTG and Novo's alongside the Belgian classic dice games. And they didn't operate on the highest RTP anymore since a while either.

 

[Just1MoreSpin]

Wait casinos can reduce the RTP? I always thought this was provider side managed? Thats horrible news tho.

 

[jasonuk]

Wait casinos can reduce the RTP? I always thought this was provider side managed? Thats horrible news tho.

The casino orders the slot / maths model they want - the provider will provide it.

If they want to change it, there's a formal procedure to do it - but that will take some time and the delay is partly to avoid a malicious operator flicking a switch as and when they please (e.g. 96% during the day, 85% at night).

I think the balance of power is shifting towards the operator though - because I have seen sites offering multiple RTPs of the same slot at the same time... so that malicious scenario above is probably closer to reality than we'd want it to be.

 

[bamberfishcake]

I may have got the wrong impression, but I am pretty sure I read something in an MGA proposal that suggested RTP switching be placed in the hands of the operator.

Afraid I cannot remember now which report. Can see it happening though, they have shareholders to please on a path of continual improvement (more profit).

 

[BillyGoldblum]

These casino are getting fucking greedy,

Go look at dama casinos. Most of them runnning low shit rtp and even now bgaming and push gaming and hacksaw all on low rtp levels.

Destroy the industry? Thank the bloody lords @yggdrasil @ENDORPHINA and @amatic have not done this. If they do -- GG dama n.v.

 

[justdoit]

If I understood Crypto (or could be bothered to learn) I'd have jumped ship ages ago.

UK casinos have to make cuts but some of them are also taking advantage of this as using it as an excuse.

you can make low as $20 on crypto, first time looks complicated to make deposit or cashout, after 4-5 deposit you find out is as easy as making deposit on any UK casino

 

[slot_zombie]

These casino are getting fucking greedy,

Go look at dama casinos. Most of them runnning low shit rtp and even now bgaming and push gaming and hacksaw all on low rtp levels.

Destroy the industry? Thank the bloody lords @yggdrasil @ENDORPHINA and @amatic have not done this. If they do -- GG dama n.v.

Yggdrasil latest slots are being wheeled out at a cemented 94%, sorry to break through bad news.

 

[BillyGoldblum]

Yggdrasil latest slots are being wheeled out at a cemented 94%, sorry to break through bad news.

So is it just the new games at 94% or is the whole library allowed to be changed?

 

[Kroffe]

So is it just the new games at 94% or is the whole library allowed to be changed?

They are surely allowed to change all their slots, but not all providers bother with making new math models for older slots.
Thunderkick have lower rtp versions for all releases since somewhere around pink elephants 2, but i think their older slots still only have a 96% version.
Im only saying that because they are at 96% at Videoslots and theres no way they would run 96 if there was a lower version available.

 

[slot_zombie]

So is it just the new games at 94% or is the whole library allowed to be changed?

Just the new stuff afaik. No option for the operator to take a higher RTP even if they want to on the last few releases. So Ygg are now on my ban list as a provider.

There are also 90% maths models available for the really scummy operators.

 

[armster]

These casino are getting fucking greedy,

Go look at dama casinos. Most of them runnning low shit rtp and even now bgaming and push gaming and hacksaw all on low rtp levels.

Destroy the industry? Thank the bloody lords @yggdrasil @ENDORPHINA and @amatic have not done this. If they do -- GG dama n.v.

Ya man Dama and Hollycorn have taken BGaming, Popiplay, TrueLab down to 92-94%. Very few of their casinos operate at max RTP anymore. Cobra, Jackpoty, and Winawin do still. Ready casino and Bitstarz as well but it's pretty unplayable when it's not max RTP. Sites like Gamdom, Stake, Deloro, BC.Game etc are just going to take over the market once more people that understand slots catch on.

It's so shit. I used to play on Dama casinos all the time but now, meh.

 

[philderby]

Doesn't surprise me one bit. Not played on UK sites in years and not had a spin in months. Will buy a ticket for Tuesdays Euro millions epic jackpot though

 

[satchnz]

Just the new stuff afaik. No option for the operator to take a higher RTP even if they want to on the last few releases. So Ygg are now on my ban list as a provider.

There are also 90% maths models available for the really scummy operators.

Same with all ELK releases over the past year or so. Max RTP offered in 94%. Filthy.

 

[BillyGoldblum]

Look at this boolshit boys.

Levelup. Dama NV. Truelabs.

Also DAMA NV makes BGAMING and guess what? They change EACH SLOT RTP. This means one slot can be 96% and one slot can be 91% and another 93%. So you have to check every single fukin game

 

[Webzcas]

Shock horror in Betway making a move that further takes value away from the player. But then they did not get to the size they were by implementing similar moves.

I mean for a long time they had a weekly withdrawal limit of $4k. Yet were sponsoring big sporting events and teams at the same time.

 

[coolrunnings19]

It was bound to happen as the casino's have to find a way to try and claw back money they are going to lose come next month when there is a cap on the max bet in the UK. I expect given time it will reduce even more as they attempt to increase their profits.

The UK gambling industry is as good as done!

looks like the max bet was delayed just like the land based slots! however it does look like they ste moving forward with it now so I think by March it will be in practice

 

[Stranger111]

Anythng less than 94% is not worth playing

 

[Webzcas]

Completely agree. I mean we all know the house will always win, but reducing RTP's to pathetic levels removes the fun out of playing.

 

[coolrunnings19]

Completely agree. I mean we all know the house will always win, but reducing RTP's to pathetic levels removes the fun out of playing.

I remember games used to have between 98 and 99 RTP back in 2017/2018. Online that is. Now you are lucky to get 94-95%. When the max bet is capped at 2/5 pounds a spin I am certain they will be reduced again. I know most players play between 20p and 2 pounds a spin but there are a lot of people that try their luck occasionally at 10 pounds a spin and even 20 pounds a spin, especially big bet games that light and wonder do (between 10 and 50 pounds a spin). Plus the increased bonus chance that some inspired and pragmatic games have. Also some light and wonder games have premium play for a 50% increase in the stake so if you are going to play 4 pounds a spin the premium play option will disappear. Slot games will slowly lose their enjoyment of play I believe