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Discussion in 'Online Casinos' started by ternur, Apr 9, 2018.

    Apr 30, 2018
  1. Captain Rizk

    Captain Rizk Accredited Casino Representative

    Occupation:
    Bullshit battling Superhero
    Location:
    Malta
    100% agree.

    Alternatively they go to a non licenced operator....
     
    aceking123 likes this.
  2. Apr 30, 2018
  3. aceking123

    aceking123 Ueber Meister CAG PABnononaccred MM

    Occupation:
    chippy
    Location:
    uk
    A side note I think it's great that captain is helping & giving us a insight into things which should be thanked ! Keep it up captain your doing a great job )
     
  4. May 8, 2018
  5. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
    This thread is definitely a forum highlight of the year. Words fail me to express my extreme gratitude and appreciation for this event and this thread. Kudos for everyone involved.

    I've even renamed it three times :p
     
  6. May 8, 2018
  7. Harry_BKK

    Harry_BKK Senior Member CAG mm1

    Occupation:
    job is OK
    Location:
    Balcony
    I had 2 questions in the back of my mind and since the Meister bumped up the thread, I might just as well ask them now.

    Case 1: Player funds are confiscated and balance restored to deposit value because he/she broke some bonus wagering rule or other terms.

    - What happens to those funds?
    - How are they booked in the casino accounting? After all, these were valid transactions with game servers that normally produce revenue for the provider and casino
    - Is this reflected in the monthly / yearly RTP figures a casino publishes?
    - Are all bets that were made to reach that balance voided with all game providers? And with that the total turnover for the casino with the game providers?

    I am not suggesting (hoping) that the casino keeps the confiscated dosh!

    Case 2: Player takes a bonus and the withdrawal is capped at lets say 4x bonus amount (aka the Nektan BS rule). The player reaches a balance of $1K at the end of the WR but only $100 is converted to real cash. The rest of the balance disappears.

    - What happens to those funds?
    - How are they booked in the casino accounting? After all, these were valid transactions with game servers that normally produce revenue for the provider and casino
    - Is this reflected in the monthly / yearly RTP figures a casino publishes?
    - Are the game transactions voided except those worth the $100 converted to cash?
    - How do game providers handle this case? After all it has an influence on the overall RTP of their games.

    In this case I have to admit that I have a suspicion that the casino keeps the funds.
     
    Last edited: May 8, 2018
    ternur likes this.
  8. May 8, 2018
  9. ternur

    ternur A damn fine cup of coffee CAG webby mm3

    Occupation:
    Lawyer
    Location:
    Finland
    As someone who was lucky enough to experience this, I can sincerely concur with this statement. The opportunity on personal level was so exciting to me that I'm seriously contemplating possibilities to work in the industry.

    Grazzi! :thumbsup:
     
    Harry_BKK and Tirilej like this.
  10. May 9, 2018
  11. hoff1985

    hoff1985 Meister Member mm1

    Occupation:
    IT Stuff :)
    Location:
    Switzerland
    I just read through the whole very interesting thread. I can only say from my point of view, and as some of you know i used to play in hundreds of casinos in my old days, Rizk is definitely one of the best casinos out there. The game selection could be a bit bigger, automatic withdrawals could be implemented, but that's high level critic. I was always treated excellent and i was trading quite a few e-mails with the Captain over the years... If there would one Casino i would invest in, or one Casinos i trust more than all the others, it would be Rizk. If i get ever asked these days by someone which casino they should join if they want to gamble, i always say first: "Don't do it" and then i'll say, ok if you really want to, go to Rizk :)

    A solid business run by professionals. As long as they don't change the Captain this ship will sail on just fine!
     

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