Nickslots just got hit by Rizk limits mid stream!

[CasinoNinja]

250x your stake would be very low on most slots and would make it very unappealing. Its bad enough that the fobts "caps" your wins at 500 when you would clearly win more

 

[coolrunnings19]

250x your stake would be very low on most slots and would make it very unappealing. Its bad enough that the fobts "caps" your wins at 500 when you would clearly win more

On a fiver it would be 1250 so yes it would still be a fair amount more than your 500 but still nothing compared to what it is currently. The more you look at it the more it is hard to see how the casinos will survive. I am sure they will not cap sports betting. I doubt people will be made to cap a bet at 2 pounds! It will be the end of big bet/high rollers on slots that is one thing for sure. Usually when they go on and on about something like they did with banning credit cards and making every casino register with gamstop it looks like it really could be the end for them. Many have already ceased to provide services in the UK and the others are just about hanging on in there

 

[Slottery]

Have to remember that big UK operators who main products are sportbooks, have qutie strong lobbying in UK as well, they know how to make themselves heard and can paint horror pictures how many jobs and taxes will be lost if they run out of business etc... Don't see it anything 100% sure to get any max bet rules, instead max loss or deposits could be something which will be introduced.

If UKGC wanna make some extreme regulations, these big UK bookies will be hardest hitten, any other operators which are located mostly in Malta etc... don't have UK their main market and could survive without, as we can see, many been left already and few don't give a shite about market as you see how much they care player retention and not even try to make their SOW and other processes to be reasonable, you get some deposits from UK but also pay loads of taxes and hard to forecast regulations which if followed correctly make you spend loads in that etc....

So when there is final decision do government really wanna try to solve problem gambling and quit gambling as we know it today, even it's big financial loss in taxes, jobs, license fees etc... or to make something what "maybe could help litle bit but don't really make any difference" like ban credit cards and other useless staff they have done so far, i would bet for last option that they are happy that money keep coming, ok there are few problem gamblers but there always have been as long human have known how to gamble.

 

[bamberfishcake]

Yep, Rizk seem to be the new Casumo. I would advise people to stay away from them now.

As far as ia am aware i am fully verified and KYC'd at Rizk. My betting style has not changed much i dont feel but upon my recent return i have been asked for docs. Tried uploading on screen but my options are not there and cannot get passed the window so have had to email directly and am awaiting a reply.

Whilst talking of casino shananigans I recently tried Klasino who, once i had completed my first deposit and played through, sent me an email the same day stating I am being excluded from bonus offers and this is a group wide decision. Have emailed them back twice for an explanation and strangely enough the replies are not as swift as their original email.

I'll update the community when i hear but as far as i am aware I have done nothing wrong or out of the ordinary so I dont take kindly to being treated wrong or out of the ordinary.

 

[coolrunnings19]

Have to remember that big UK operators who main products are sportbooks, have qutie strong lobbying in UK as well, they know how to make themselves heard and can paint horror pictures how many jobs and taxes will be lost if they run out of business etc... Don't see it anything 100% sure to get any max bet rules, instead max loss or deposits could be something which will be introduced.

If UKGC wanna make some extreme regulations, these big UK bookies will be hardest hitten, any other operators which are located mostly in Malta etc... don't have UK their main market and could survive without, as we can see, many been left already and few don't give a shite about market as you see how much they care player retention and not even try to make their SOW and other processes to be reasonable, you get some deposits from UK but also pay loads of taxes and hard to forecast regulations which if followed correctly make you spend loads in that etc....

So when there is final decision do government really wanna try to solve problem gambling and quit gambling as we know it today, even it's big financial loss in taxes, jobs, license fees etc... or to make something what "maybe could help litle bit but don't really make any difference" like ban credit cards and other useless staff they have done so far, i would bet for last option that they are happy that money keep coming, ok there are few problem gamblers but there always have been as long human have known how to gamble.

Yes the credit card thing is stupid. If you want to gamble you will use your debit card, borrow money, some people even steal it from their bosses. I think if there is a deposit limit of 1000 a month then it would be unjustifiable and not sensible to allow people to stake 50 pounds a spin. 20 spins and that is it for the month. I think they have left themselves with no option than to reduce the stakes to 2 pounds. The fact that someone can bet and gamble in their room unnoticed will be a huge factor. The operators will probably be happy as they will likely get less fines or regulatory action as there is less that can go wrong. A stake reduction looks 99% likely but if it is 2 pounds that is more uncertain. When they change the legislation it will be a lot different, they haven't decided to change the law just to change it a bit, as the MPs have said, they want an overhaul revamp the whole thing to bring it up to scratch and do it to address the current situation. Yes many more casinos will go...but look at shops that have gone over the years, woolworths, topshop, Debenhams. Casinos are another industry and they shouldn't be treated differently. People who worked in all these shops will lose jobs...so these People working at the casinos will just have to relocate or find new jobs just like other industries..the government won't make any special treatment for casinos. Why should they?

 

[Mr_Slot5]

Yes the credit card thing is stupid. If you want to gamble you will use your debit card, borrow money, some people even steal it from their bosses. I think if there is a deposit limit of 1000 a month then it would be unjustifiable and not sensible to allow people to stake 50 pounds a spin. 20 spins and that is it for the month. I think they have left themselves with no option than to reduce the stakes to 2 pounds. The fact that someone can bet and gamble in their room unnoticed will be a huge factor. The operators will probably be happy as they will likely get less fines or regulatory action as there is less that can go wrong. A stake reduction looks 99% likely but if it is 2 pounds that is more uncertain. When they change the legislation it will be a lot different, they haven't decided to change the law just to change it a bit, as the MPs have said, they want an overhaul revamp the whole thing to bring it up to scratch and do it to address the current situation. Yes many more casinos will go...but look at shops that have gone over the years, woolworths, topshop, Debenhams. Casinos are another industry and they shouldn't be treated differently. People who worked in all these shops will lose jobs...so these People working at the casinos will just have to relocate or find new jobs just like other industries..the government won't make any special treatment for casinos. Why should they?

Yeah but difference is, government policy didn't force those shops to close. They were badly managed and didn't keep up with the change in consumer spending habits.

Why are you so keen for casinos to struggle? At the end of the day, the buck stops with the person gambling. It is their actions alone which gets them into a mess. Where has personal accountability gone?

You have to remember that gambling addiction is often a symptom of wider mental health issues, not a cause. Maybe more effort should be put into solving the mental health crisis in general rather than nibbling around the edges?

 

[coolrunnings19]

Yeah but difference is, government policy didn't force those shops to close. They were badly managed and didn't keep up with the change in consumer spending habits.

Why are you so keen for casinos to struggle? At the end of the day, the buck stops with the person gambling. It is their actions alone which gets them into a mess. Where has personal accountability gone?

You have to remember that gambling addiction is often a symptom of wider mental health issues, not a cause. Maybe more effort should be put into solving the mental health crisis in general rather than nibbling around the edges?

I don't recall saying I was keen for them to struggle. I was merely stating what is happening and what I have read. I was just saying casinos are a business. So is a shop. So is a pub. So when people are saying they won't being in many restrictions as casino's will struggle....I am just asking what makes them different to any other business? I am not the one writing the reports I am just explaining what is likely to happen based on what I have read. I dont want anyone to struggle, people's families need the income from jobs. There is probably a mental health issue as you say but the problem is that part of the reason is that those with mental health problems don't want to talk, but rather tackle it themselves. Are the casinos going to help and offer them help? No. So that is why in order to eradicate that the government could take matters into their own hands by updating law to make it more in line with the rest of Europe which looks more reasonable. What they decide is amyokes guess but I know that they are targeting them

 

[JGslots]

The fact FOBT’s are capped at £500 jackpot is taken into account with the RTP. You can have a nice game on a 95% RTP £500 slot, 89% not so nice

 

[SuperSeven]

I am positive it won't be £2. FOTB's are different to online in that FOTB max win is £500, it isn't online.
There will be more restrictions but I'm certain there won't be a blanket £2 max stake across everything.

IN Germany it will be €1 max bet and 5 second spins from July 1 so it wouldn't be the most restrictive in Europe....

 

[shadow123]

Dont under estimate the stupidity of the UKGC, they will introduce the £2 stake but even they are going have to realize it cant apply to table games.

 

[Playford7]

Dont under estimate the stupidity of the UKGC, they will introduce the £2 stake but even they are going have to realize it cant apply to table games.

I hope they do quite frankly, anyone betting upwards of £5 a spin is either a fake or a multi millionaire.

 

[coolrunnings19]

IN Germany it will be €1 max bet and 5 second spins from July 1 so it wouldn't be the most restrictive in Europe....

You can't do fast spins in the UK anymore. But they are not quite 5 seconds apart, maybe 2 or 3 seconds. They are thinking of maybe 30 seconds but that would be ridiculous. People would get fed up! It will no way be 1 pound here per spin. Tombola do a maximum of 1 pound but that is their choice. I think it will be somewhere between 2 and 5. That would still be a lot compared to Germany. But we will need to wait and see

 

[coolrunnings19]

I hope they do quite frankly, anyone betting upwards of £5 a spin is either a fake or a multi millionaire.

I agree with that. You need to be a multi millionaire to do spins at a tenner a time. 100 spins is 1000 pounds and sometimes that can be done in 5 or 10 minutes so you can easily spend 10000 in an hour (loss) at 10 pounds a spin!

 

[Playford7]

I agree with that. You need to be a multi millionaire to do spins at a tenner a time. 100 spins is 1000 pounds and sometimes that can be done in 5 or 10 minutes so you can easily spend 10000 in an hour (loss) at 10 pounds a spin!

Streamers are cancer.

the end.

 

[colinsunderland]

I hope they do quite frankly, anyone betting upwards of £5 a spin is either a fake or a multi millionaire.

I've been known to do £10 spins now and then (rarely though)
As I'm not fake then I must be.....
brb, just going to check down the settee, must have dropped some money there

 

[Playford7]

I've been known to do £10 spins now and then (rarely though)
As I'm not fake then I must be.....
brb, just going to check down the settee, must have dropped some money there

Knew you would respond lol, secret millionaire lol

 

[coolrunnings19]

I've been known to do £10 spins now and then (rarely though)
As I'm not fake then I must be.....
brb, just going to check down the settee, must have dropped some money there

I think we have all had a go at a tenner a time. I certainly have done the 10 20 and 30 pound hi rollers. But if people are constantly playing 10 pounds a spin all the time they must be going though a lot!!

 

[Playford7]

I think we have all had a go at a tenner a time. I certainly have done the 10 20 and 30 pound hi rollers. But if people are constantly playing 10 pounds a spin all the time they must be going though a lot!!

It’s hardly a sustainable thing, even for my millionaire mate col, and he knows this...

let’s see him do 2 hours a day, 5 days a week on them stakes...

we all know it’s not possible.

 

[coolrunnings19]

It’s hardly a sustainable thing, even for my millionaire mate col, and he knows this...

let’s see him do 2 hours a day, 5 days a week on them stakes...

we all know it’s not possible.

I dont think Colin meant it like that, he doesn't (i am sure) play on them at a tenner all the time. It isn't possible as you said. But people do occasionally up the stake. They just won't be able to do it anymore when the changes come in. Not to a high amount like that anyway!

 

[colinsunderland]

I dont think Colin meant it like that, he doesn't (i am sure) play on them at a tenner all the time.

Only when I'm low rolling

 

[coolrunnings19]

Only when I'm low rolling

Haha behave Col!! OK then maybe 20 quid a spin when times are hard!! You have somehow changed the software so the minimum bet is 2 pounds

 

[shadow123]

What pisses me off is the continuous erosion of freedom of choice by people who know nothing about the industry and have
probably never played a slot in their lives,Whether you can afford it or not ,the amount you spend and what you spend it on
has nothing whatsover to with them.Most of us have already paid a chunk of tax on that money surely we should be able
to do what we want with it.

 

[coolrunnings19]

What pisses me off is the continuous erosion of freedom of choice by people who know nothing about the industry and have
probably never played a slot in their lives,Whether you can afford it or not ,the amount you spend and what you spend it on
has nothing whatsover to with them.Most of us have already paid a chunk of tax on that money surely we should be able
to do what we want with it.

I think Bojo has a little slot session every Tuesday night! In fact I reckon when he is late for the daily briefings he has probably hit a bonus and can't leave it until the feature is complete! That is why he is sometimes in a buoyant mood when he comes on! And sometimes when he ends the briefings abruptly he has probably just lost a few hundred quid and is thinking right let me get back on it!!

 

[Mr_Slot5]

What pisses me off is the continuous erosion of freedom of choice by people who know nothing about the industry and have
probably never played a slot in their lives,Whether you can afford it or not ,the amount you spend and what you spend it on
has nothing whatsover to with them.Most of us have already paid a chunk of tax on that money surely we should be able
to do what we want with it.

Completely agree.

People work hard for their money, don't need to be told how much of it we're allowed to spend on each thing. Quite frankly it's intruding on personal choice and freedoms. Surely we should be able to opt out of being nannied. Those who feel they have an issue can then be free to be dictated to how they choose.

The thing is there are a myriad of tools these days already in existence to help gamblers. Time outs, cool off periods, loss limits, deposit limits, non reversible withdrawals and at casinos like VS you can already set your max bet etc. There is no excuse for draconian measures by the UKGC.

 

[coolrunnings19]

Completely agree.

People work hard for their money, don't need to be told how much of it we're allowed to spend on each thing. Quite frankly it's intruding on personal choice and freedoms. Surely we should be able to opt out of being nannied. Those who feel they have an issue can then be free to be dictated to how they choose.

The thing is there are a myriad of tools these days already in existence to help gamblers. Time outs, cool off periods, loss limits, deposit limits, non reversible withdrawals and at casinos like VS you can already set your max bet etc. There is no excuse for draconian measures by the UKGC.

It is like an airline businessman being in control once he has taken over a football club- he may not know a lot about football but he is controlling it. He sacks the manager, appoints a new one, controls transfers etc but it is still happening. Even though the government dont understand about casinos like the UKGC or that casino player they just see the end scenario - people having problems which in turn puts a strain on the NHS and then crimes are committed in other cases, in worse scenarios suicide. And that then becomes a problem for the government so they need to act amd make changes in accordance with that to make their job easier. I know there are things in place now, the government will know about time outs etc...that much they will know. They are not oblivious to it - but their attitude will be that whatever there is in place obviously isn't working so we will now make it law so it will work. Then if people want to still go and set an account up at an unlicensed casino you may end up finding that them sites in time will eventually be blocked too. Whether we like it or not they will bring these changes in and like with other things in life we cannot really do much about it. You can't buy more than 2 packs of paracetamol in a shop...but you can go back 10 minutes later and get another 2 packs...so perhaps here you would need to spread your money around the casinos? I agree we should be free to spend our money on what we want. We earned it that is very true and so right...but it won't stop our actions being a problem for the government later on. Amd the government have been under a lot of pressure to make these changes for a while now. They hit the high streets, now they are hitting online. And before anyone says why am I keen for them to struggle, I am not. I have not said it should happen because I want it to - I am just merely stating what they will do and why I think they are doing it.