So if you have no stats/facts etc....on what do you base your counter-argument?
I didn't say that JC gave anyone a 150% match. I stated that, given the deposits were $2k and the bonuses $3k, it was pretty much like getting a 150% bonus on every deposit.
RTG slots or not is irrelevant. Even with high WR, it IS possible for the casino to lose even they give too many bonuses out with ANY software. In fact, given RTG slots are mostly high variance, they can get hit pretty hard if they give out too many bonuses to players who already have received far in excess of their deposits (like the OP).
When all is said and done, the casino profit margin is about 3% IF they manage their promotions properly. Casinos just cannot keep giving players free money as it WILL affect their bottom line.
RTG does NOT pay the random jackpots. RTG pay the PROGRESSIVE jackpots. The RJ's are "in house" and are fed by contributions from ONLY that casino....INCLUDING bonus funds as it happens, which is another reason why bonuses have to be carefully managed.
I appreciate your POV, but you are misinformed on this topic...which is probably why you do not understand about bonuses from an operator side i.e. if you WERE a casino, with that POV, you would go broke in a month. PLenty have gone broke, and usually for the reason too.
Should random jackpots even be relevant when discussing the casino profit? This money is skimmed right off the top of the RTP just like a progressive. Realistically the casino should never consider this money their own since they know at any given time someone is going to remove it. It's more like a multiplayer savings account. 1 and a half cents gets skimmed off every dollar wagered on that game and when a player wins it (bonus or not) it changes nothing. In my opinion this should be considered player owned money just like the money in each player's account.
Side question: Do RTG casinos get to pick the odds of winning these things? Some casinos you rarely see a RJ go higher than 4k and other casinos seem to get ridiculously high RJs over 10 and even 15k. I haven't played RTG much in a few years. Maybe it's different now or maybe it was all just a fluke.
As for the question of bonuses. If casinos were smart they would offer bonuses they wouldn't have to ban people from right from the start. Figure out what kind of bonus you can give people without losing money and stop worrying about people abusing them. The problem casinos have with bonuses is they start out by giving people big bonuses and when they realize people are using them to win money they take them away. I know people have sat down and figured this out mathematically, personally I haven't but I'm sure it's just a simple ratio between the TRTP, the bonus amount and the amount of times it has to be wagered.
You might think the longer you get to play the better off you are but in reality, with a TRTP of less than 100%, the longer you play the better the odds are that you'll go broke. I'm not a mathematician. I'm better off looking at theoretical sciences than theoretical RTPs. I could probably figure it out if I beat my head off my desk long enough but I'm sure people here already have and it'll leave a red mark that'll be hard to explain.
A very quick table in Excel gave me this.
Starting with 10 dollars, wagering 20c with a TRTP of 96%, theoretically you should go broke after ABOUT 1225 spins.
Add a 100% bonus with a 30x d+b WR and theoretically you should go broke at ABOUT 2475 spins.
$20x30(xWR) = $600 at 20c per spins is 3000 spins. 25 spins after you theoretically go broke. The only difference being you have no choice but to wager those 3000 spins.
Correct me where I went wrong but if the casino is forcing you to wager longer than you should theoretically be able to stay afloat, isn't the casino better off in the long run?