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- Mar 25, 2012
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Ahhh yes the infallible logic of the person who says, 'Increasing petrol prices don't bother me I just put a tenner in like I always do'.
OK, we know for the last 18 months developers have been coaxed to provide alternative (invariably lower!) maths models to online casinos. Generally they have and should inform you of product changes, although not always and in the case of Coral, having slots with nerfed RTP's that were not reflected in the game list RTP's which claimed the higher factory settings.
I think that when players see a reduction of say 2% from 96 to 94% they see the difference as not that significant. Alas, it is and very much so as when you take into account recycling of winnings, that figure has an exponential effect on your average playtime. In this example, by around 30%!!
We all have our 'usual' deposit amounts and stakes, say £50 at 40p spins. Obviously there's no accounting here for variance, just the long term fact that every spin will on average cost you 4% of its value, the house edge on a 96% slot. This video explains how my RTP spin calculator works and how to simply enter your deposit, stake and RTP of your chosen game to compare average playtime/spin quantities you can expect.
*Disclaimer - for now this is embedded in a specific page on my website which as you will see, as an approved CM webmeister, I always have an indirect link to in my signature anyway. I will however, endeavour to get this embedded in a post in this thread if possible ASAP so forum members can use it from the forum!
**This video is not age-gated as it's news/informational and has no gambling involved.
That's because they are unlicensed. I'll tell you though, they all have the same maths, or used to, at 91-97% where the operator chose the RTP.Great video! Explained very well. I was trying to get the rtp of rtg slots but its not included in your providers list.
Best thing you can do as a player IMO? Play at casinos that don't pull this shit on their players.
Reduced RTP meaning online casino going to dead soon. I already closed most of casino accounts.
Scam providers will be more and more, and players will be less and less.
Play at smaller casinos. All the big ones have RTP turned down, as this is offered to casinos when they pass certain GGR. I have inside knowledge and I can say that 90%+ of sites "accredited" by Casinomesiter have RTP turned down. Smaller and new casinos do not get that option until they reach a certain amount in revenues.Its not going down that easy. The business is just stalling. It's untill the next thing hypes everything up again and the cycle is complete. If they want to be truely competitive, launch a casino that accepts players from different country's, add highest possible RTP and just because of the popularity over time it's already a succes.
It goes bad when a established brand is being bought; and RTP suddenly is turned down left and right. They solely run on good name and rip their players. Because the only interest the buyer has is making it back + more.
Inside knowledge? You just need to look at the help files.Play at smaller casinos. All the big ones have RTP turned down, as this is offered to casinos when they pass certain GGR. I have inside knowledge and I can say that 90%+ of sites "accredited" by Casinomesiter have RTP turned down. Smaller and new casinos do not get that option until they reach a certain amount in revenues.
Inside knowledge? You just need to look at the help files.
Can you name some of the smaller casinos who can't use lower RTP's as I don't think thats true.
On Monday just met some people who just got MGA license and are launching their first site hopefully within next two months, we went through their deals with different partners (game providers, payment providers and many others you need if you wanna run casino) and they will launch their first site with PnG 94.xx% RTP:s (and some other providers, don't remember everything from head).Play at smaller casinos. All the big ones have RTP turned down, as this is offered to casinos when they pass certain GGR. I have inside knowledge and I can say that 90%+ of sites "accredited" by Casinomesiter have RTP turned down. Smaller and new casinos do not get that option until they reach a certain amount in revenues.
You're wrong about your first paragraph, although they can limit the max bet, that won't affect the RTP.Help file really is'nt anything. A casino can present you a game with 96.5% rtp for example but have either it's max bet turned down or volatilty nuked down as well without having the obligation to mention it. Correct me if i'm wrong here.
I mean how many new casino's have a list on their homepage, with players who won 350k, 41k, 17k, 22k and yet upon password reset, none of these users ever exist suddenly.
Dont bullshit me.
It's bin shown on this forum that some casino's offered a bogus help file, i.e advertising 96.5% while in console it was barely 92%.
ok, so post the evidence to your claims then.We know that, certain games runs more favorable once betting higher compared to betting minimal. So if you have a game that is having a bet cap, how does it not affect RTP then?
Second; that thread was right on this forum. Some going pointed out that the game help file advertised 96.5% or so but the actual javascript console showed the game being loaded at 92%, all over the place. That was purely misleading and obvious with brands too.
So dont be saying that my knowledge or info is coming out of my ass. Perhaps you should look a bit further.
Why have you posted that link? It's the exact opposite of what you are saying.
Ok. My career is in this industry and I know how it works. You don't get offered anything while you are below a certain GGR. This isn't valid for companies that own more casinos and most white labels. I have worked at one of the top 5 online casinos and their RTP's are criminaly low. I have also worked at a few smaller ones some time ago. If you don't think that is true, ok, suit yourself, I don't gain anything from saying this.Inside knowledge? You just need to look at the help files.
Can you name some of the smaller casinos who can't use lower RTP's as I don't think thats true.
Of course there are always exceptions, but in general it is how it is. There is not a single big casino that wasn't offered to set their RTP level, most new one's do not begin with lower RTP's. My first hand experience, not meeting some people and someone telling me something, working in the industry.On Monday just met some people who just got MGA license and are launching their first site hopefully within next two months, we went through their deals with different partners (game providers, payment providers and many others you need if you wanna run casino) and they will launch their first site with PnG 94.xx% RTP:s (and some other providers, don't remember everything from head).
If coming three months i can show you a new operator who launch and are not running some providers with the highest RTP version, would you like to make bet about it? Naturally, if i can't show you launch of new operator and license with lower RTP:s, i will lose that bet.
Ok, so give an example of the casinos? There's very very few who start up not as part of another license?Ok. My career is in this industry and I know how it works. You don't get offered anything while you are below a certain GGR. This isn't valid for companies that own more casinos and most white labels. I have worked at one of the top 5 online casinos and their RTP's are criminaly low. I have also worked at a few smaller ones some time ago. If you don't think that is true, ok, suit yourself, I don't gain anything from saying this.
So smaller operators who don't have yet high enough GGR can't get different RTP models from providers but there is always exceptions? Second statement pretty much override first and makes it to be untrue. There are huge amount of people working in industry in different roles and positions so mentioning that doesn't make your argument any stronger. You were asked to give some examples and offered bet to make your point but you instead choose magic "working in industry" phrase which seem to be argument that just always must be right and can't be questioned.Of course there are always exceptions, but in general it is how it is. There is not a single big casino that wasn't offered to set their RTP level, most new one's do not begin with lower RTP's. My first hand experience, not meeting some people and someone telling me something, working in the industry.
Dr.bet is one of them opened in the last year or so. Solo casino and when I played with them all the slots were the highest RTP settings. Which for a new start up did kind of surprise me. And I had zero issues with them. Cant say if RTPS have now changed with them as I am not playing there at this time. But it does kind of fit with what Crogambler spoke of. And does actually make some sense.Ok, so give an example of the casinos? There's very very few who start up not as part of another license?