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Online Casinos in general: Consequences after July 1, 2021 (Page 34)

Topic created on 18th May. 2021 | Page: 34 of 94 | Answers: 938 | Views: 311,713
DieWunderharke5000
Top Member

Consequences after July 1, 2021

6th Jul. 2021, at 11:47 am CEST#334
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Ruebezahl wrote on 07/06/2021 at 11:36 AM

Theoretically fair would be if the casino has to pay a total tax. And this from the losses
(deposits minus withdrawals) of the players
That is volume per month and then just 5, x to the tax office Berlin Neuköln

That would make sense and each side would profit. Therefore, we do in Germany but exactly the opposite and now have the stupidest taxation you can imagine

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Krabbenburger
Experienced

Consequences after July 1, 2021

6th Jul. 2021, at 12:13 pm CEST#335
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Ruebezahl wrote on 06.07.2021 at 11:36 am: I play Roulette most of the time. It annoyed me already on the 1st day extremst that bets were rejected because tax coverage was missing
This has never happened before: the quota for roulette is now 1.94 instead of 2.0. Even with French Roulette you get
less in the long run


Theoretically, it would be fair if the casino had to pay a total tax. And this from the losses
(deposits minus withdrawals) of the players
That is volume per month and then just 5, x to the tax office Berlin Neuköln

Madness in which casinos they have changed the roulette odds ?

This post has been translated automatically

Anonym

Consequences after July 1, 2021

6th Jul. 2021, at 02:35 pm CEST#336
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Grimmor666 wrote on 07/06/2021 at 04:50: consequences after July 1 2021:
most players will migrate towards illegal Curacao casinos or ( currently not implementing rules but having Mga license in their gold plated butts ) clits like Rembrandt, Big5 and co,

continue to play at Pokerstars under a different country setting (eg Ireland), since no restrictions apply here and then complain that a few k are not paid out,

to Bitcoin based casinos ala Stake ( well is that not realistic that Roshtein with 4 million in the account, rofl, 1000er Spins makes or a Trainwreck 1 million at Book of Shadows with nem 100er Spin, also like the good Ismael Swartz, makes - from billo Twitchstreamer to millionaire ... ) .

Anyone who still plays under the new law in casinos that are greedy for a German license will settle on the forever loser road,

Gamblejoe will ( no front - the time of making money with internet gambling sites here in Germany is over now ) be forgotten in a few months ... )



I must raise once briefly an objection - it is true that among other things Roshtein does not play with his own money (however, there are also streamers, even with these stakes, who have deals with the casinos to play there exclusively but play with their own money) but that does not necessarily mean that these casinos are bad

They use the streamers as a marketing tool

I've been playing at crypto casinos for a while now, all of which have a license from Curacao, and lo and behold, I've received every one of my payouts, from $500 to $17000, all within minutes

I'm deliberately not naming names now because I don't want to advertise - in my opinion, it's enormously important to first get to grips with the crypto market and understand how it works before playing with cryptocurrencies in casinos
If you don't have a clue, you have to inform yourself first and should never dive into the scene blindly.

Still, some of the crypto casinos are worlds better than many MGA casinos - which take ages to process even small withdrawals and the Bonuses I get in crypto casinos in the form of rake, no MGA casino can match that

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moody
Experienced

Consequences after July 1, 2021

6th Jul. 2021, at 04:44 pm CEST#337
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derder wrote on 05.07.2021 at 18:48: Because of Austria:

Reply from Caxino:
Due to the new mandatory jurisdictional limit in Austria, you have a net loss limit of €2,000, which unfortunately cannot be waived. Since you have now reached this limit, it is not possible to continue playing.

This applies to ALWAYS, they said...WTF?!

Don't know what this is supposed to be...... Haven't found anything about it on the internet either....

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Tonkabohne
Top Member

Consequences after July 1, 2021

6th Jul. 2021, at 06:12 pm CEST#338
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Liked this post: Avatar von Chrizzi Chrizzi
Mo1985 wrote on 06.07.2021 at 07:15: Di verzockenst zb 500€ a month and crying about 5.3% tax? Paradox - for me these are phantom discussions, which eig only gambling addicts lead.

I think so too
So many people get upset because of the tax and gamble away thousands of euros a month?
Or buy cigarettes every day, which are also now highly taxed.
All a luxury problem.

Who does not want it should let it but.

Love greetings

This post has been translated automatically

DieWunderharke5000
Top Member

Consequences after July 1, 2021

6th Jul. 2021, at 07:00 pm CEST#339
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Liked this post: Avatar von CashOut CashOut, Avatar von Klempo77 Klempo77, Avatar von TranceBabe TranceBabe
I don't understand why you can still defend this completely senseless taxation?

I would really have no problem with a tax on the Deposit or on wins. So for example if I deposit 100 only 94.70 will be credited to the account and the rest goes straight to the state. Or if I cash out 500 I only get 473.50. I could really live with that if the actual game remains unchanged

But as it is now, I (or rather the casino) pay a completely illogical amount and get a much worse gaming experience for it

Let's say I make spins over the month for 10,000€. Then that is 530€ in taxes. But this does not take into account whether I had a good run and managed that with 100€ deposit, or whether I had to deposit 900€ for it

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Falko
Icon

Consequences after July 1, 2021

6th Jul. 2021, at 07:04 pm CEST#340
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DieWunderharke5000 wrote on 06.07.2021 at 19:00: Do not understand how you can still defend this completely senseless taxation?

I would really have no problem with a tax on the Deposit or on wins. So for example if I deposit 100 only 94,70 will be credited to the account and the rest goes to the state. Or if I cash out 500 I only get 473.50. I could really live with that if the actual game remains unchanged

But as it is now, I (or rather the casino) pay a completely illogical amount and get a much worse gaming experience for it

Let's say I make spins over the month for 10,000€. Then that is 530€ in taxes. However, it is not taken into account at all whether I had a good run and managed that with 100€ deposit, or whether I had to deposit 900€ for it.

I just played at Platin. When I spin the slots there, not only is the bet deducted, but additional cents of every few spins are also deducted. This has just really annoyed me. No matter on which slot I have played here, it is deducted more than just the bet made. You have to pay attention when you play there

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Krabbenburger
Experienced

Consequences after July 1, 2021

6th Jul. 2021, at 07:23 pm CEST#341
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Tonka Bean wrote on 06/07/2021 at 18:12
I think so too
Since so many get upset because of the tax and gamble away thousands of Euro's a month !?!
Or buy cigarettes every day, which are also now highly taxed.
All a luxury problem.

Who does not want it should let it but.

Love greetings

I had already written the following in another thread but copy it here again purely because apparently some are not clear what this means in practice:

"I think you underestimate what this tax means and how strong the impact really is .
In practice this tax means that players lose more than twice as much when they play as much as before.
To illustrate it in numbers using the example of Book of Dead :
A player has previously in a month 10,000 € game turnover made at the highest RTP setting of 96.21%.
This means that his theoretical loss was €379 per month.
The same player now gambles just as much, only that the state additionally requires a tax of 5.3% on sales that the casino passes on to the player.
The player loses now on average 379€ in house advantage + 530 € in tax thus altogether 909€ !!!!

"

Of course, in practice the RTP is even lower because the revenue losses due to the 1€ limit and the 5 seconds rule are compensated by the casinos through further RTP reductions.
If you log into casinos that are nice and good all turnover you see RTPs even from 85% to 87% .
Playing there is like flushing your money down the toilet.
I think that in the first place players who can not control their desire to gamble are ripped off mercilessly.
These ultra low RTPs are just from an ethical point of view the very last thing. One should still consider that many casinos with the ultra low RTP no 1,000€ limit have and partly also still the higher speed .
This fatal combination pulls the money out of your pocket faster than you can look.

Who plays under these conditions is in my opinion either ignorant or masochistically inclined.

This post has been translated automatically

Anonym

Consequences after July 1, 2021

6th Jul. 2021, at 07:23 pm CEST#342
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I personally find the new rules already quite good . I myself had intense times... When everything was still '' open '', I have won e.g. at Sportingbet 15,000 euros . At Stake 7 it was about 7,000 euros . In each case always in the casino area. For this one has lost times just as in one evening 2,000 euros at OVO . Spins with 20 or 50 euros were sometimes not uncommon. That was often an awesome feeling . In the positive, as in the negative sense. Years ago you could actually still win heavily . Whether that is since 1-2 years (and now by the conversion) at all still possible, I dare to doubt
I see it this way . It was a great time. I would not like to miss it. But things change now once. Therefore, I can easily live with 50 or 100 euros a month to play. Last I had played in the Peela Casino (has also disappeared from the German market since the change). There was already the 1 euro /max rule . Also that has made joy. Since I have made from 20 euros round 300 euros. Thus everything well.

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Tonkabohne
Top Member

Consequences after July 1, 2021

6th Jul. 2021, at 08:08 pm CEST#343
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Krabbenburger wrote on 06.07.2021 at 19:23
I had already written the following in another thread but copy it here again purely since apparently some are not clear what this means in practice :

"I think you underestimate what this tax means and how strong the impact really is .
In practice this tax means that players lose more than twice as much when they play as much as before.
To illustrate it in numbers using the example of Book of Dead :
A player has previously in a month 10,000 € game turnover made at the highest RTP setting of 96.21%.
This means that his theoretical loss was €379 per month.
The same player now gambles just as much, only that the state additionally requires a tax of 5.3% on sales that the casino passes on to the player.
The player loses now on average 379€ in house advantage + 530 € in tax thus altogether 909€ !!!!

"

Of course, in practice the RTP is even lower because the revenue losses due to the 1€ limit and the 5 seconds rule are compensated by the casinos through further RTP reductions.
If you log into casinos that are nice and good all turnover you see RTPs even from 85% to 87% .
Playing there is like flushing your money down the toilet.
I think that in the first place players who can not control their desire to gamble are ripped off mercilessly.
These ultra low RTPs are just from an ethical point of view the very last thing. One should still consider that many casinos with the ultra low RTP no 1,000€ limit have and partly also still the higher speed .
This fatal combination pulls the money out of your pocket faster than you can look.

Who plays under these conditions is in my opinion either ignorant or masochistically inclined.

yes exactly !
Who does not want that should leave it
And we are all maso, otherwise we would not survive on this planet
Stop with your arithmetic
If I pay in 20 euros and win 250 €, that's a mega win for me !
Do not know with what sums you still zockt ?
For me, this is a pastime and not a main source of income.
You write like addicts and therefore also so aggressive - really bad partly here.

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