LV Bet RTP Changes

[hhhelllo]

Wow... thx your for honesty lvbet. Starburst at 94% my next deposit for sure

 

[Kroffe]

I reckon there are more people out there that never heard of such term as RTP than those who know about it and aware of its changes. Plus there will be always new gamblers making their very first deposit without any knowledge on what awaits them there.

Casinos and game providers know that very well!

Yeah, thats the biggest problem, and why i think its such a scummy thing to do.
Since there is no visual change when changing to a different rtp, most players simply wont know there has been any change.
They will probably notice their deposits are not lasting as long as they used to, but have no idea why.

"oh that deposit didnt last long, i seem to have a bad luck streak now"
Or something like that is probably what most will think.

 

[pinnit2014]

Yeah, thats the biggest problem, and why i think its such a scummy thing to do.
Since there is no visual change when changing to a different rtp, most players simply wont know there has been any change.
They will probably notice their deposits are not lasting as long as they used to, but have no idea why.

"oh that deposit didnt last long, i seem to have a bad luck streak now"
Or something like that is probably what most will think.

They've obviously done some sort of analysis that tells them it won't affect revenues adversely i presume and it's probably a mix of the bulk of players not knowing (nor caring) about the RTP - I have a friend who rolls high and he couldn't care - he knows about it, but doesn't care. At the other end, probably more they deposit a few times a month and are of the same thinking

 

[pinnit2014]

Though it is strange - i presume if you can roll at 20 quid on Bonanza, you're pretty shrewd money wise and wouldn't, in business, invest in duds so why would you when playing? Maybe it's all play money - i shall never know

Edit - Bonanza was a bad example, if you're rolling on 20 quids on that you're obviously insane

Double Edit - insanity explains not caring about 90% Starbursts

Answered my own question

 

[Kroffe]

Though it is strange - i presume if you can roll at 20 quid on Bonanza, you're pretty shrewd money wise and wouldn't, in business, invest in duds so why would you when playing? Maybe it's all play money - i shall never know

Yeah i was thinking the same.
Alot of people who have money are good with money, thats why they have lots of it.
So why would they lower their chances of winning on purpose?

Does not compute.

 

[pinnit2014]

Yeah i was thinking the same.
Alot of people who have money are good with money, thats why they have lots of it.
So why would they lower their chances of winning on purpose?

Does not compute.

Business wise - they invest to earn

Slots - they know it's a fools game and have no expections?

Dunno - i'll maybe do some 18p DOA's and report back

 

[Slotter]

Race to the bottom continues.

^^^ this.

Get ready for Bonanza & Kong Megaways 88% RTP versions

 

[Kroffe]

Business wise - they invest to earn

Slots - they know it's a fools game and have no expections?

Dunno - i'll maybe do some 18p DOA's and report back

 

[pinnit2014]

^^^ this.

Get ready for Bonanza & Kong Megaways 88% RTP versions

The 88% will have the 117k Megaways in the Bonanza bonus to compensate though.

It's all Good'Man

 

[pinnit2014]

View attachment 143181

That's me out

These high rolling sessions don't last long, even on 96%

 

[greylady]

Already closed my account as after 16-17 deposits, did not have one bonus round on any of their slots, has to be the one of the worst experiences ever for me

 

[Playford7]

I reckon there are more people out there that never heard of such term as RTP than those who know about it and aware of its changes. Plus there will be always new gamblers making their very first deposit without any knowledge on what awaits them there.

Casinos and game providers know that very well!

Also many ‘promoting’ casinos that won’t utter the mention of ‘RTP’

It should be mandatory now, it’s a important thing.

 

[Playford7]

Already closed my account as after 16-17 deposits, did not have one bonus round on any of their slots, has to be the one of the worst experiences ever for me

Not like you to have such luck...

 

[PMKFRUITPRO]

One day greylady will come here and report a nice raise I’m sure.

For the last 2 years she’s never won a coin on anything.

 

[Playford7]

One day greylady will come here and report a nice raise I’m sure.

For the last 2 years she’s never won a coin on anything.

That said she’s the queen of donuts. She’s had the biggest hit I’ve seen on it.

 

[PMKFRUITPRO]

24X?

 

[greylady]

One day greylady will come here and report a nice raise I’m sure.

For the last 2 years she’s never won a coin on anything.

Oiii I do win sometimes but I just always seem to go really long spells with absolutely nothing - not lost or won lately, ah that's because I just lost interest in playing

 

[Playford7]

24X?

Think it was over 4000x if memory Serves

 

[Luckyscouser45]

It's good way that RTP:s keep reducing, helping for problem gambling for longer term when people start to see that being enough under 100%, now these days some honestly seem to think that they can win money from this games with different strategies or what so ever, just not possible without some tricks to get some extra EV.

But guess people still keep playing these even RTP:s go somewhere near to lotteries (physical machines seem to remain popular doesn't matter what shitty RTP:s they have. Many just don't seem to realize that playing slots is one of worse financial investments you can do in this world, no difference if RTP is 40% or 98%, still horrible investment and there's nothing you can make it better (without any fraud/abuse or what ever you wanna call it).

That’s the most ridiculous thing I’ve ever read sorry

 

[Bloatgoat]

That’s the most ridiculous thing I’ve ever read sorry

Yep, and if you could enlighten the rest with your one-liner? He's got a valid point. Years ago it was screamed here on these forums that online was a zillion times better then a landbased experience. We're getting to the point that the RTP's are almost equal since landbased do offer up to 92% RTP machines. The casino industry is getting more and more greedy at the cost of either new or returning players. I'm glad i closed my accounts because i know from this point on your simply paying for your own entertainment, where the edge of real gambling is taken out of it.

I also suspect that this is done towards the slotbeaters who spawn up to 4 different sessions on one slot and bash along with loads of cash. Perhaps even there they saw that a player could have a upper or overhand compared to the casino and they jacked the RTP for that reason. If a casino can change something that would shrink the chances for a player they will do it. It's bin proven nothing else in the last couple of years.

However, it's a polite message when logging in, that RTP has adjusted. Now that's a casino that plays fair. Some just hide the complete RTP and present a figure on the website thats not even close to it.

 

[Luckyscouser45]

Yep, and if you could enlighten the rest with your one-liner? He's got a valid point. Years ago it was screamed here on these forums that online was a zillion times better then a landbased experience. We're getting to the point that the RTP's are almost equal since landbased do offer up to 92% RTP machines. The casino industry is getting more and more greedy at the cost of either new or returning players. I'm glad i closed my accounts because i know from this point on your simply paying for your own entertainment, where the edge of real gambling is taken out of it.

I also suspect that this is done towards the slotbeaters who spawn up to 4 different sessions on one slot and bash along with loads of cash. Perhaps even there they saw that a player could have a upper or overhand compared to the casino and they jacked the RTP for that reason. If a casino can change something that would shrink the chances for a player they will do it. It's bin proven nothing else in the last couple of years.

However, it's a polite message when logging in, that RTP has adjusted. Now that's a casino that plays fair. Some just hide the complete RTP and present a figure on the website thats not even close to it.

I found the comment he made about reducing RTP will help problem gamblers stop gambling ridiculous Why would low rtp help problem gamblers? They would just move on to bingo and scratch cards poker roulette or am I missing something.

 

[gonzo fonso]

Just logged into LVBEt to find this message:

Kudos to LVBet for doing it this way and not hiding the changes, however, wow, I didn't even know NetEnt or Microgaming RTP was changeable.
Soon we'll be playing 94% and below on all games at all sites, crazy times. Think I'll be checking every game, on all sites from now on.

View attachment 143107

yes i know i play there,tbh this has been going on a while at various casinos,i remember opening up book of dead at a certain casino and it was a shocking 90.4% most providers have gone down this route now of different maths models rtps,is big time gaming also on that road ?

 

[KasinoKing]

Just logged into LVBEt to find this message:

Kudos to LVBet for doing it this way and not hiding the changes, however, wow, I didn't even know NetEnt or Microgaming RTP was changeable.
Soon we'll be playing 94% and below on all games at all sites, crazy times. Think I'll be checking every game, on all sites from now on.

View attachment 143107

Jeeezus - and people thought Rival and RTG were bad!

I never thought I would see the day when NetEnt & MG games were running at 94%.
It doesn't make any sense either - the casino still makes money at 98%, so all they are doing is reducing play-time which will turn players away

KK

 

[Nate]

Jeeezus - and people thought Rival and RTG were bad!

I never thought I would see the day when NetEnt & MG games were running at 94%.
It doesn't make any sense either - the casino still makes money at 98%, so all they are doing is reducing play-time which will turn players away

KK

Not enough apparently. Places like Videoslots started with reduced RTP's, reduced tournaments, Lower 'Weakened Booster' and also skimmed affiliates by 20%... that doesn't seem to be enough.

Vs are still lowering RTP's... Low RTP's are now trending. Everyone wants a bigger slice of the cake.

I rate LVBET... they are at least transparent in what they do. I have abandoned them since their PNG change but they are genuinely a real solid outfit.

Nate

 

[Bloatgoat]

Why would low rtp help problem gamblers? T

Because a bit of awareness is raised by even the gambling addict that it's becoming a dead end, to simply move on.

Jeeezus - and people thought Rival and RTG were bad!

I never thought I would see the day when NetEnt & MG games were running at 94%.
It doesn't make any sense either - the casino still makes money at 98%, so all they are doing is reducing play-time which will turn players away

KK

Yes it does make sense, for the casino and providers that is. It's to milk the already existing market even more. There's no other good reason for lowering RTP's then just more a bit for them.

You are the product. You are paying for your gaming time. They just decided that you will get less gaming time overall.