Play'N'Go live at Lottomart

[Mr_Slot5]

Wish I’d never asked now

Thanks for the reply Mark

 

[bamberfishcake]

You cannot blame RTP changes solely on taxes. A few years ago, when casinos like Videoslots started dropping to lower versions, the taxes were the same. Perhaps a flooded market and a slowing boom have had some effect on a casino's share of the pie, plus economic factors have to be considered, and the huge fines need to be paid for when you don't have your house in order.

 

[Jono777]

I was playing DOA with some bonus funds in my balance at Lottomart last night.
There are a couple of things to be aware of though.
Lottomart has a minimum stake for bonuses of 10p (as well as a maximum of £5). So you can't play DOA at 9p, only at 18p or higher.
and since the bonuses are apportioned with the overall balance (like 32Red). Only the bonus portion of each stake counts towards wagering, not the whole stake amount.

Oh, this could be an issue, I like to start at min bet, especially if things do not start well, prolong the session as much as possible, keep the boredom at bay. I do of course increase bets slightly if I am ahead.

Thanks for reminding me of this Brian, let me see if I can get that minimum bet reduced.

If you can Mark, that would be great. Let us know in here please if you manage it.

 

[Mr Wild]

You cannot blame RTP changes solely on taxes. A few years ago, when casinos like Videoslots started dropping to lower versions, the taxes were the same. Perhaps a flooded market and a slowing boom have had some effect on a casino's share of the pie, plus economic factors have to be considered, and the huge fines need to be paid for when you don't have your house in order.

Yes it is taxes and staff cost on compliance and a black market that increasing and taking revenue from licence market.
In the beginning there were no options to lower RTP until game providers created the option, it was basically only PNG who offered it. It was also very few who dared to changed and tried to survive on 96% as long as possible. Some still are.
However, you can believe what you wish. But these are the facts.

Crypto-brands dont have above challanges and can easily operate on 96% and will make more profits with that, than someone operating on regulated markets on 94%.

 

[orion]

Sorry to offend everyone who is playing the 96% versions. I respect your decision and completely understand.

If anyone else wants another place to play at 94%, there’s a link in my signature.

I knew this forum is tough sometimes but I thought a simple “hey guys we’re live with a new provider” post might have been ok.

God help us if we were 90/92!

I don't know if it can console you, but I would do mortal jumps for joy, having a casino offering me games set at TRTP 94%.

 

[justdoit]

Yes it is taxes and staff cost on compliance and a black market that increasing and taking revenue from licence market.
In the beginning there were no options to lower RTP until game providers created the option, it was basically only PNG who offered it. It was also very few who dared to changed and tried to survive on 96% as long as possible. Some still are.
However, you can believe what you wish. But these are the facts.

Crypto-brands dont have above challanges and can easily operate on 96% and will make more profits with that, than someone operating on regulated markets on 94%.

way not move mr vegas in to black market only way to fight UK GOV, when they see they losing tax maybe they change regulation on are favourite, I was Mr vegas player but I move to black market , not coz of 96% RTP but coz off great bonus offers with lower Wagering 30X 35X, offers they send are simple first use your cash than bonus money like should be

 

[bamberfishcake]

@orion what country do you hail from? Are the slots even more skimmed than in the UK?

 

[orion]

@orion what country do you hail from? Are the slots even more skimmed than in the UK?

Italy.

The land where everything is possible, and -if I can add- where everything started years ago (about this TRTPs modifications).

 

[Mr Wild]

way not move mr vegas in to black market only way to fight UK GOV, when they see they losing tax maybe they change regulation on are favourite, I was Mr vegas player but I move to black market , not coz of 96% RTP but coz off great bonus offers with lower Wagering 30X 35X, offers they send are simple first use your cash than bonus money like should be

Its much cheaper to operate there so of course you will get better deals.
I totally understand the reasoning playing at Crypto places, but there is always a risks with it which you will avoid playing at regulated places. I dont know all the laws, but in Sweden as an example each winning from each bet you should pay 30% tax on when playing outside of EU, if you dont you risk getting the tax authority after you. Not sure how it works in other countries, but as they realize everyone moving to black market, they will do similar things to fight it.

 

[Mr Wild]

I don't know if it can console you, but I would do mortal jumps for joy, having a casino offering me games set at TRTP 94%.

We offer 94% for italy at VS. We do have limited game portfolio atm but will improve next few months.

 

[orion]

We offer 94% for italy at VS. We do have limited game portfolio atm but will improve next few months.

no.
Sorry to be unpolite or rude.
I know what I am talking about (and yes I did play at VS.it, my stats are at your disposal anytime).

 

[satchnz]

Its much cheaper to operate there so of course you will get better deals.
I totally understand the reasoning playing at Crypto places, but there is always a risks with it which you will avoid playing at regulated places. I dont know all the laws, but in Sweden as an example each winning from each bet you should pay 30% tax on when playing outside of EU, if you dont you risk getting the tax authority after you. Not sure how it works in other countries, but as they realize everyone moving to black market, they will do similar things to fight it.

I get exactly what you mean but it always makes me chuckle when someone raises the risks of playing offshore when they are gambling…money.

 

[justdoit]

Its much cheaper to operate there so of course you will get better deals.
I totally understand the reasoning playing at Crypto places, but there is always a risks with it which you will avoid playing at regulated places. I dont know all the laws, but in Sweden as an example each winning from each bet you should pay 30% tax on when playing outside of EU, if you dont you risk getting the tax authority after you. Not sure how it works in other countries, but as they realize everyone moving to black market, they will do similar things to fight it.

not easy for GOV to know you won in black market if you play in Crypto, in UK is simple as you playing in mr vegas, some black market they are more safe they do ask for Id and other doc and they refuse UK doc, but some are very easy no VPN make deposit from your card to avoid crypto fees and they accept your UK ID, but withdraw only in Crypto, BGC is trying their best to do something about it but GOV dont care much, Norway GOV did same think now 66% of Norway gamblers are playing in Black Market, I think UK will be higher than 66% by end of the year. Even Bandit moved to Black Market one of your best spender, so thinks not going right way for UK and UK casinos, I will give UK casino 6month to 1 year they will give up with UK market

 

[slotmaster]

Try low to mid 80's rtp for land based here so would not complain.

This has been happening for years now in the industry, lowered rtp and higher min bets. Most new slots now land based are .75 or $1.00 min bet.

 

[Mr_Slot5]

I dont know all the laws, but in Sweden as an example each winning from each bet you should pay 30% tax on when playing outside of EU,

Do people get a rebate if they lose?

I can sort of see how it could work if someone cashes out a large amount, say 10k, but then what if the tax on the withdrawal is paid and the end user goes on to play those winnings back. In real terms they wouldn't have 'won' at all and will ultimately be worse off than before they cashed out without spending a penny more than they withdrew in the first place.

Sounds like a right logistical minefield to me.

 

[Mr Wild]

Do people get a rebate if they lose?

I can sort of see how it could work if someone cashes out a large amount, say 10k, but then what if the tax on the withdrawal is paid and the end user goes on to play those winnings back. In real terms they wouldn't have 'won' at all and will ultimately be worse off than before they cashed out without spending a penny more than they withdrew in the first place.

Sounds like a right logistical minefield to me.

There where some cases in court when they went after poker players a few years a go. Wasnt pretty.

 

[Mr Wild]

not easy for GOV to know you won in black market if you play in Crypto, in UK is simple as you playing in mr vegas, some black market they are more safe they do ask for Id and other doc and they refuse UK doc, but some are very easy no VPN make deposit from your card to avoid crypto fees and they accept your UK ID, but withdraw only in Crypto, BGC is trying their best to do something about it but GOV dont care much, Norway GOV did same think now 66% of Norway gamblers are playing in Black Market, I think UK will be higher than 66% by end of the year. Even Bandit moved to Black Market one of your best spender, so thinks not going right way for UK and UK casinos, I will give UK casino 6month to 1 year they will give up with UK market

Majority of gamblers would never play crypto places, only hardcore gamers that know things well. But for sure probably 20-30% of market will be in crypto.

 

[bamberfishcake]

The crypto casino market share is also growing, according to a recent article I saw.

I think it's the way forward for me, as once CBDCs are introduced, every casino transaction using centralised digital currencies will be collated for affordability checks and more. I don't think many will like that kind of tyrannical control over spend and will seek another option if available.

The question is, will the centralised systems also restrict conversion to crypto? Probably, so the only option I can see to retain a certain amount of financial freedom is to stock up on some cheap coins now. The market has also dipped, so now could be a good time to buy cheap.

 

[Jono777]

Any luck with reducing the bet to 0.09p whilst wagering @Mark_Lottomart please?

May possibly try my luck after work tonight....

Cheers!

 

[Mark_Lottomart]

Any luck with reducing the bet to 0.09p whilst wagering @Mark_Lottomart please?

May possibly try my luck after work tonight....

Cheers!

I'm afraid it's not that quick a fix. I've raised it with the teams but it's a big project to change unfortunately. I'll let you know when it's done, but it won't be in the near future.

 

[Jono777]

RE: Lottomart, can anyone confirm or otherwise the following scenario please.

Lets say I deposit £20 and get the welcome 100% so have a £40 total starting balance.

I play (having stood in shit) and get an early good win and get the balance up to say £300 but am also nowhere near completing the wagering.

Am I right in thinking that as UK players cannot be locked into bonuses these days that my true balance breakdown is £150 cash and £150 bonus and that I can withdraw the cash portion at anytime (thus also forfeiting the bonus)

Cheers!

 

[brianmon]

RE: Lottomart, can anyone confirm or otherwise the following scenario please.

Lets say I deposit £20 and get the welcome 100% so have a £40 total starting balance.

I play (having stood in shit) and get an early good win and get the balance up to say £300 but am also nowhere near completing the wagering.

Am I right in thinking that as UK players cannot be locked into bonuses these days that my true balance breakdown is £150 cash and £150 bonus and that I can withdraw the cash portion at anytime (thus also forfeiting the bonus)

Cheers!

Yes

But one thing I mentioned previously... If you are doing, say 20p spins. Only 10 of that 20p will count towards wagering. On a 100% bonus, that is.

It's even worse on lower percentages. I played on Monday evening. Took some freespins which won £6. which turned out to be 15% of my balance.
So only 15% of my stakes where counting towards wagering. It took quite a few hours to complete wagering, Although, I could have cashed out 85$ of my balance at any time

 

[Jono777]

Yes

But one thing I mentioned previously... If you are doing, say 20p spins. Only 10 of that 20p will count towards wagering. On a 100% bonus, that is.

It's even worse on lower percentages. I played on Monday evening. Took some freespins which won £6. which turned out to be 15% of my balance.
So only 15% of my stakes where counting towards wagering. It took quite a few hours to complete wagering, Although, I could have cashed out 85$ of my balance at any time

Cheers Bri.

Seems I may have to rethink things as none of the games will launch, unless this OTT hot weather has got to me more than I realised.

Edit: NVM, sorted it!

 

[justdoit]

Majority of gamblers would never play crypto places, only hardcore gamers that know things well. But for sure probably 20-30% of market will be in crypto.

many UK news they keep saying it could go up to 80%

 

[muziq]

much more happy news wish if i were waiting 2 more weeks before trying
now P N G is back i will deftlly visit lotto

can u look at the old issue i have discussed you with Pm as of my wagering and verification

i thought to remind you via Pm but dont want push it as you may be handling imp thinngs
but as PNG is there i would like to get those things fixed and play again