In Germany, laws where introduced to the many spielhalle and one of them was the actual money that could be depositted vs withdrawl on the slot(s). They simply bypassed this by using a creative credit system instead of real funds. So you dump in 10 euro, the thing converts this into 10000 credits (equals 1ct x 10000) and the system simply notes you have 10.000 credits. Not 10 euro. For withdrawl, the system converts this back into the real money thing and there's a timespan involved on how long it takes to dump out money, as a max of 500 euro. This got me thinking about online casino's. Everybody is advertising and looking blind on the holy grail of 96% ~ RTP. You have players on who you have all their betting data, strategy formed in a huge backlog. They could see your deposits vs avg withdrawls, they could 'test' your breaking point, they could do anything against you without you even knowing, and still give you the 90% RTP over the long run vs all your deposits.
A friend of me is a genius for depositting 25 euro by using paysafe, and plays all the way up to 5000 euro in simply an hour or 2 or so. But he always seems to lose so hard after peaking at 5 grand, never withdrawled. The guy could be rich by this moment. But how many people do you know who deposit 25 and play their way using blackjack, slots and whatever up to 5 grand? I think it's pretty much account bound. When i had my 11k hit on a 100 freegames / 20 euro a bet, it took a while for me to get there. Once i started to verify the deposits vs actual withdrawls or wins in this case, the numbers where not so off.
We all know marketing is the key to a succesfull casino. So yes branding is done as much as possible at the highest audience on the internet. Youtube, blogs, so called review sites about casino's dumping their affiliate links everywhere. I've signed myself up to becoming a affiliate as well. I always wondered why there was a up to 60% conversion on every played that depositted. They explained to me that if someone deposits 100 euro, and loses this all, 60% of that would be for me. How in the world can a casino allow someone play 100 euro and do me a favor as well with 60% ? Well, because the algorithm is well crafted to make players lose anyway. See for yourself, become a casino affiliate and boom look at the (lifetime) numbers you get from every signed up affilate vs deposits.
It's so easy for a casino to hide behind the gaming provider. Oh yes it's 100% genuine, real and the RTP does not lie! We have the highest RTP this and that, but there's always some sort of wagering mechanism going on. You cannot exceed that what has bin set for you. It's always the initial signups that make players win big or easy in this case. What is a 1000 euro jackpot to some new player for a casino? A potential investment. Trust me. Because the thrill and excitement of winning a 1000 so easy makes the player come and crave back. And that's where these start to make money off you. A respectable casino, woud'nt be doing this in the first place:
- Stall payments
- Able to cancel withdrawl
- Make the verification proces too complicated
- Crazy, wagering & bonus rules, almost impossible
- Account termination because reason XYZ
- Licences in states that nobody heard of
The guy here on the forums,
Book of Dead - 5000x - 100k€ Win , won a 100k on 20 euro bet a spin. Account gets terminated, funds obfuscated. Lol. Owned. I am fucking affraid for winning too big as the casino might bend you over too and screw you over. If this would have happen in a landbased, they would have come fair. You dont see these things to a landbased. Bonus money? Lol.
I've lost some real money over the last days, to figure out, i am playing against a mechanism which i cannot beat. So how genuine, real and lucky was that? Bad streaks? Come'on. It was a bad streak imposed on the whole of my account. I am appearantly a danger towards the casino because i might cost 'm too much money.
Oh and screw VIP managers as well. Their only interested is to keep you going. Off of every deposit there's a percentage, so now you have a answer on why they try to be your best friend. When i moved from Holland to Portugal, any of the interest of the VIP manager was gone instant, since the casino did'nt have a license for that specific country in the first place. That's what it comes down too.
All the mailings? Did anyone of you noted how crazy some where emailing in and around christmass days? Or the periods when they could guess people have their avg salary dropped into their banks? Watch those marketing with a close eye. They are horrible people with a interest only about your money, nothing more, nothing less.
And this is what i am saying; back in the days slots where actually a fun challenge, anything could happen. Here you are restrained, kept into borders, an algorithm watching out on every bet you place. Slots has changed from real gambling to a form of entertainment, blinking lights and no real value to what you are doing.